Inhibikase Therapeutics, Inc. (IKT): Showing Strong MomentumInhibikase Therapeutics, Inc. (IKT) is a biotechnology company focused on developing treatments for neurodegenerative diseases, particularly Parkinson's disease and other related disorders.
The chart pattern shows a confirmation buy bar on increased volume, suggesting that there is strong market interest in Inhibikase's stock. The stock is trading above the Fibonacci .236 support zone, which is a positive sign for potential upward movement. This area, known as the momentum zone, often acts as a launching pad for stocks that maintain their position above it.
The company’s main products are drug candidates that aim to address the underlying causes of these diseases by targeting specific cellular mechanisms. Inhibikase is developing therapies designed to slow or halt the progression of Parkinson’s disease, a condition that currently has no cure.
The company’s most advanced drug candidates include IkT-148009, which is being tested in clinical trials for its potential to treat Parkinson's and other diseases linked to alpha-synuclein protein buildup in the brain.
The main drivers of growth for Inhibikase Therapeutics include advancements in the field of neuroscience, the growing demand for effective treatments for Parkinson's disease, and the company’s ability to progress its drug candidates through clinical trials. As the demand for innovative treatments in the neurology space increases, Inhibikase is positioned to be a key player in providing solutions for patients suffering from debilitating conditions.
The Fibonacci Snap Tool and the Momentum Zones, both available on TradersPro, are the indicators used to analyze the chart. These tools are helpful in identifying key levels of support and resistance and tracking momentum shifts.
Alertsignals
INTC about to breakout 26 to 28 stretched.INTC is forming a symmetrical triangle, indicating a period of consolidation as the price action narrows into the triangle's apex. This pattern suggests indecision in the market, with the potential for a significant breakout in either direction. The resolution of this triangle is likely to set the tone for the next move, however I have taken a bullish position. The price action is nearing the triangle’s apex, suggesting a breakout is likely within the next 3–5 trading sessions.
Watch for a volume spike to confirm the direction of the breakout. For a bullish breakout, take partial profits at $25.50, then hold for the full target of $25.89 to 28.00.
Entry Strategy:
Enter a long position if the price breaks and closes above $24.54 with strong volume.
This would indicate a bullish continuation, with the price likely to target higher resistance levels.
Profit Target Calculation:
Triangle Height:
Measured from $24.54 (upper resistance) to $23.19 (lower support), giving a height of $1.35.
Breakout Target:
Bullish Target: Add $1.35 to the breakout point ($24.54) → $25.89.
Bearish Target: Subtract $1.35 from the breakdown point ($23.66) → $22.31.
Stop-Loss Placement:
For a bullish breakout, place a stop-loss below the lower trendline at $24.19.
For a bearish breakdown, place a stop-loss above the upper trendline at $24.54.
I have already taken a position for 11/22/24 25C @0.28
Bullish Penant Breakout possibilities 62-65A bullish pennant has formed after a strong upward move (flagpole), indicating a period of consolidation. This is a continuation pattern, typically followed by another leg upward equal to the flagpole's height. The breakout is likely to happen this week, given that the pennant is near its apex. RSI and other momentum indicators show strength but are not yet overbought, giving room for further upside.
Breakout Confirmation: Enter a long position when the price closes above $56.50 on high volume (breakout level). Alternatively, aggressive traders can scale into a position slightly before the breakout if momentum indicators show bullish strength.
Profit Target Calculation:
Flagpole Height: $50.50 (low of the previous move) to $56.50 (high) = $6.00.
Breakout Target: Add the flagpole height ($6.00) to the breakout level ($56.50):
Primary Target: $62.50
If momentum remains strong, extend to $65.00 as a stretch target.
Stop-Loss Placement:
Place a stop-loss slightly below the pennant's lower support level at $54.50, allowing for minor fluctuations.
Risk-Reward Ratio: Aim for a 1:3 or higher ratio by maintaining a tight stop relative to your profit target.
The breakout is expected within the next few trading sessions as the price action nears the pennant's apex.
Volume should confirm the breakout (look for 2x average daily volume).
Trade Management:
Partial Take-Profit:
Sell 50% of the position at $60.00 to lock in profits.
Adjust stop-loss to breakeven on the remaining position.
Trail Stop:
Use a trailing stop-loss as the price approaches $62.50–$65.00 to maximize gains while protecting profits.
If the price breaks below $54.50, it invalidates the pennant pattern and may indicate a reversal.
I have taken an aggressive position targeting NASDAQ:AFRM 11/29/24 65C @.77 contracts.
I will update as I close the position profit or loss.
AMD going for a FLUSH to 94 levelsThe chart for AMD is displaying a large symmetrical triangle formation , with the price breaking below the lower trendline. Symmetrical triangles often signify indecision in the market, but this breakdown suggests that sellers are gaining control. The broader trend leading into the triangle and the breakdown signal a bearish continuation pattern. Oscillators and momentum indicators are skewed bearish, with no signs of reversal at this stage. Strong selling pressure confirms the potential for further downside. Declining volume during the triangle’s formation and a likely volume spike on breakdown signal a bearish continuation. Weakness in the tech sector or macroeconomic pressures could exacerbate the downward trend for AMD, watch closely for NVDA earnings to push this even lower.
Entry Strategy:
Short Position: Enter a short trade if the price stays below $134.90 with sustained volume confirming the breakdown.
Aggressive Entry: Traders could scale into shorts immediately, as the price has already breached the triangle support line.
Profit Target Calculation:
Triangle Height: $140.90 (top of the pattern) - $128.37 (bottom of the pattern) = $12.53.
Breakdown Target: Subtract the height ($12.53) from the breakdown point ($134.90):
Primary Target: $122.37
If bearish momentum continues, the price could retest the major support level at $106.48.
Further bearish extension may lead to $94.59 as a long-term target.
Place a stop-loss above the breakdown level, at $138.50, to account for potential false breakdowns or whipsaws.
A confirmed breakdown is expected to gain momentum within the next 1–2 weeks.
Watch for increasing volume to validate the breakdown.
I am going to take a position on Wednesday before NVDA ER.
Maximise Your Trading Success 3 Essential Tips for Setting AlertSetting alerts in trading is crucial for effective risk management and maximising opportunities. Here are three key reasons why you should set alerts:
1. Timely Response to Market Movements:
Proactive Trading: Alerts enable traders to respond promptly to significant market movements, ensuring they don't miss critical entry or exit points. This is particularly important in the highly volatile markets, where prices can change rapidly.
Automation: Automated alerts reduce the need for constant monitoring, allowing traders to focus on analysis and strategy while being notified of important market events.
2. Risk Management:
Stop-Loss and Take-Profit Alerts: Alerts can help enforce disciplined trading by reminding traders to execute their stop-loss or take-profit orders, thus limiting potential losses and securing profits.
Risk Mitigation: By setting alerts for specific price levels or economic events, traders can better manage risk and avoid significant losses due to unforeseen market changes.
3. Enhanced Trading Efficiency:
Focus on Strategy: Alerts allow traders to concentrate on their trading strategy without being glued to their screens all day. This can lead to more thoughtful decision-making and reduced emotional trading.
Opportunities Identification: Alerts can be set for various technical indicators or chart patterns, helping traders to identify and act on potential trading opportunities more efficiently.
Setting alerts in forex trading enhances your ability to respond to market changes quickly, manage risk effectively, and improve overall trading efficiency.
Indicators for trading using Bill Williams' Profitunity strategyI published 3 indicators for trading using Bill Williams' Profitunity strategy. For each indicator, I have added a visual and detailed description in English and Russian. In this post I will briefly describe these indicators and how I use them together.
AFDSA indicator (Alligator + Fractals + Divergent & Squat Bars + Signal Alerts)
Includes Williams Alligator, Williams Fractals, Divergent Bars, Market Facilitation Index, Highest and Lowest Bars, maximum or minimum peak of the Awesome Oscillator, and signal alerts based on Bill Williams' Profitunity strategy:
Bullish and Bearish Divergent Bar Signal + Squat Bar + Green Bar + Fake Bar + Awesome Oscillator Color Change + AO Divergence.
Crossing the green line (Lips) of an open Alligator.
Formation of a fractal.
Signal about the breakdown of the last upper or lower fractal.
Signal about the appearance of a new maximum or minimum peak of AO in the interval of 140 bars from the last bar.
I also added an Alligator display for the higher timeframe, for example, if the chart timeframe is 1 hour, then the higher timeframe will automatically be 4 hours, if the chart timeframe is 4 hours, then the higher timeframe will be 1 day, etc.
AOE Oscillator (Awesome Oscillator + Bars count lines + EMA Line)
Includes the Awesome Oscillator with two vertical lines at a distance of 100 and 140 bars from the last bar to determine the third Elliott wave by the maximum peak of AO in the interval from 100 to 140 bars according to Bill Williams' Profitunity strategy. Additionally, a faster EMA line is displayed.
I also added display of the AO line for the lower timeframe instead of the EMA line if the Moving Average Line values (method, length and source) are equal to the Awesome Oscillator values in the indicator settings. For example, if the chart timeframe is 1 day, then the lower timeframe will automatically be 4 hours, if the chart timeframe is 4 hours, then the lower timeframe will be 1 hour, etc.
VBCHL indicator (Visible bars count on chart + highest/lowest bars, max/min AO)
The indicator displays the number of visible bars on the screen, including the prices of the highest and lowest bars, the maximum or minimum value of the Awesome Oscillator. The values change dynamically when scrolling or changing the scale of the chart, but with a delay of several seconds, so this feature is included in a separate indicator so as not to slow down the work of other indicators.
Indicator settings
In the AFDSA indicator I use the following settings:
By default, the Squat Bar is colored blue, and all other bars are colored to match the Awesome Oscillator color, except for the Fake bars, which are colored with a lighter AO color. But I also enable the display of "Green" Divergent bars in the "Green Bars > Show" field.
I enable the display of Alligator for higher timeframes in the "Alligator for higher timeframe > Enable" field.
In the indicator style settings, I disable the display of the highest and lowest bars, maximum and minimum AO peak labels, because these labels are also displayed by the VBCHL indicator depending on the number of visible bars in the chart window.
Only after opening a position, I enable all additional alerts in the “Enable all additional alerts” field (after changing this field, you need to re-create the alert for the current chart): crossing the green line of an open Alligator, formation of a fractal, appearance of a new maximum or minimum AO peak.
In the settings of the AOE oscillator, I enable the display of the AO line for the lower timeframe instead of the EMA line, setting the same values in the fields for the Moving Average Line (method, length and source) and Awesome Oscillator.
In the VBCHL indicator settings, I only enable the simple display text style for labels in the "Simple display text style for labels" field.
As a result, when analyzing the current chart, I immediately see all the signals on the chart, the location of the bars relative to the Alligator on the higher timeframe and changes in the Awesome Oscillator on the lower timeframe. And thanks to the VBCHL indicator, I quickly select the desired timeframe for analyzing the 5-wave Elliott impulse, focusing on the interval of 140 bars, and immediately see whether there is divergence between the maximum AO peak and the following lower AO peak in this interval.
Trade Opportunity - MOON COINMartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space.
QUICK will have have a nice move in very near future but watch the video to find out when it can moon . Very important information
It has very good structure and price action , it reminds me of how many other coins set up in the last Bull market before it went parabolic and of course similar to AERO and other ALTs that just mooned
Please watch the video for more information
have a great weekend
$MSFT: CTRL, ALT, DEL 🩸🔸️Ticker Symbol: MSFT 🔸️Timeframe: 4 Hour 🔸️Investment Stratey: Short
TECHNICAL ANALYSIS: $MSFT has recently broken out of a rising wedge pattern on the 4H timeframe. We also have our bottom dashboard indicating money momentum is still shifting out of the market and a middle band flashing red meaning bear market momentum. The strongest level of support for $MSFT is curreny $277.55. ( Current Price $285.00)
Have an amazing Sunday!
🔔 Follow for daily stock analysis using Trendsi ATS.
⚠️ Trading is risky and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.
AEI Squeeze Area the 0.77$ was a perfect support as we did from the last video and hold it last Friday , if we still hold above our support that will make us break the 1$, and test first the 1.30$+, then the 1.61$+.
if we didn't hold the 1.77$, we have other support that will confirm that we still in bullish trend, which is the 1.60$, which is inside our ascending bluish channel.
$MULN hold our support at 1.54$as we said on our last chart analysis, we need to hold above the 1.54$ support , to confirm the retest for the our resistant at 1.95$, which today we gaped above it and hold above the 2$, now the 2$ is our support , we about to test a massive resistant box , which we will see a bit of tourblance before the squeeze target around the 5$.
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MULN Holding an important support MULN stock have to hold above our current support 1.50$ and above our EMI in order to confirm the bullish momentum to test 2 RS target, the first signal to confirm the bullish momentum is closing 1h above 2$ as shown on the chart, when we hit both we will do an update for the next target .
DOA trading Strategy - SPY#SPY - Update, DOA sniper and DOA meter are still holding red.
We're currently doing a bounce after that nice sell off
Total trend of SPY is still down we're just doing a retracement bounce
We can go as high as $439 if we break this current resistance at $435-436
If we reject at $435-436 or $439 we can keep dropping until $398-400
But if we break those 2 resistance $435-436 and $439 we can bounce until $445
$AMC price reversal AMC hold strong above our resistant 17.77$, now we need to hold to confirm that we are in accumulation phase, and that confirm the breakout to our strong resistant at 20.80$, after we break it we will find huge resistant to be tested around the 25$.
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Trading ALERT⚠️ - XRP Potential TradeHi everyone, the fact that you're reading this means that you want to make lots of money - Or you don't have anything else to do.
Either way, welcome - cause you won't regret the time you'll invest in reading my analysis. So as you can see, XRP is right now in a descending triangle. I'm waiting for the triangle to break out, but I'm already in the trade tho. I bought at the support level right around $1,06.
What am I expecting?:
If this thing breaks out to the upside, which I think is very doable, then we can see a retest to the high of the triangle.
What will happen next?:
If XRP retests the highest high of the triangle ($1,22) and breaks that resistance level, then we could see higher prices of course. My opinion is that XRP is just a ticking time bom. Waiting to explode.
Recap:
- Entry: $1,06
- Price Target: $1,22
- Percentage Gain: 15% or higher
TMT Strategy Rapido: Backtesting BITCOIN since 2016Hi everyone!
Here is a sample backtest result of TMT Rapido (one of the strategies in TMT Strategy Indicator) this is a trend following indicator based on smoothed moving averages, tested on the 4H XBTUSD
Paremeters used:
⭐️ Long and Short trade entries
⭐️ Backtest year 2016 to present
⭐️ Stop-loss set at 2%
⭐️ Commission fee set at 0.1%
⭐️ $10,000 capital used
⭐️ Order size is 100% equity
⭐️ Pyramiding is 0 (no pyramiding)
Once trade is entered it closes on the next signal or until stop-loss is hit. Check the indicator link below it comes together with "Buy" and "Sell" alerts for those willing to automate the trades.