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Rivian Power Surge!Rivian is gaining bullish momentum, with a gap forming around the $9.00 level. A breakout above the $12.33 resistance would signal continued strength, positioning the stock to reach the $18.91 weekly resistance. This trade offers a strong risk-to-reward ratio, with a stop-loss set at $8.28 to manage downside. In the longer term, RIVN has the potential to reach $28.06, supported by its growing position in the electric vehicle (EV) market. With rising demand for sustainable transportation and Rivian’s focus on high-performance EVs, the company is well-positioned for future growth. Strategic partnerships, such as those with Amazon for electric delivery vans, enhance Rivian’s revenue prospects and visibility in the market, bolstering its longer-term potential. This combination of technical momentum and favorable market fundamentals supports a bullish push toward $18.91 in the near term, with $28.06 as a longer-term target. Follow @The_Trading_Mechanic for more health check-ups on your investments! NASDAQ:RIVN
NASDAQ:RIVNLong
by The_Trading_Mechanic
LONG VZ @ 40.59 - oversoldI'll let my track record on my trades since July I've posted as ideas here replace any fancy charts. 89% win rate since July - and that's slightly under performing compared to normal. Trust me, it's short term oversold based on my algo. I'll add any time it's oversold and there's two ways to play the exit, but in the interests of consistency, I'll keep using my original method - sell any lot when it becomes both overbought AND profitable. Plus I have to update less often that way. Sell any lot on the first profitable close for that lot, regardless of whether it's overbought, is something that I've been tinkering with. That exit strategy produces lower overall profits per lot, but less capital outlay during downtrends (often 50-60% less) and quicker recycling of capital. It also is often proving to produce a greater gain per lot per day held annualized return than my original exit strategy - I've been using it privately for a while now to test it out. The original strategy produces greater average gains per lot traded but at the expense of greater total capital outlay and more exposure during downtrends and longer average holding periods. They are similar enough in terms of returns per lot per day held that it's a preference thing, but anything that reduces unnecessary exposure risk is something I gravitate to. It may not be sexy in raging bullish upswings, but it is tremendously beneficial when sentiment is negative, either in the individual stock I'm trading or in the markets in general. Anyone who follows me knows I like to minimize risk and maximize gain per lot per day held any time I can. Not for nothing, VZ also pays a fat dividend, which boosts returns if you're stuck holding a while. It's not a major factor, since of the 150 or so trades I've posted here since July, the average holding period has been just over 16 trading days with a median length of 10 and the most common holding period has been 6 trading days. But a few have been long enough to benefit from dividend payments, so I always like to have that cushion just in case. So the usual disclaimer, this is not investment advice, just a log of my trades and thought processes. DYOR and enjoy the show.
NYSE:VZLong
by redwingcoach
6
Gold - Time To Close Out Partial Profits!Gold ( TVC:GOLD ) is now back to the upper channel resistance: Click chart above to see the detailed analysis👆🏻 After breaking above the plsychological $2.000 level, Gold created such an incredible rally, massively outperforming stocks and even cryptocurrencies over the past couple of months. Therefore, it is quite likely that big institutions will take some profits at the current levels. Levels to watch: $2.700, $2.000 Keep your long term vision, Philip (BasicTrading)
TVC:GOLDShort
by basictradingtv
22
FED lowers interest rates! Gold recovers in the short term⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold (XAU/USD) faces challenges building on Thursday’s strong rebound from the 50-day SMA support near $2,643, with some selling pressure emerging in the Asian session on Friday. The US Dollar has regained strength, partly recovering from its recent slide, and a generally optimistic risk tone weighs on the safe-haven appeal of gold. Meanwhile, the fading “Trump trade” and a lack of hawkish signals from the Federal Reserve keep US Treasury yields lower, potentially limiting USD bullish momentum and offering some support for gold. Traders are now focused on the upcoming Michigan Consumer Sentiment Index and Inflation Expectations for near-term trading cues. ⭐️Personal comments NOVA: As expected by the market, the FED cut interest rates by 0.25%, bringing positivity and optimism to XAU in the short term. Currently, other financial sectors are starting to become vibrant again, and it will be very difficult for gold to compete. The downtrend will continue ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2727 - $2729 SL $2734 TP1: $2720 TP2: $2710 TP3: $2700 🔥BUY GOLD zone: $2668 - $2670 SL $2663 TP1: $2675 TP2: $2688 TP3: $2700 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDShort
by Nova-Scalper
1
XAU! 11/8! Create liquidity for the downtrendXAU / USD trend forecast November 8, 2024 Gold prices rose above $2,700 after the Federal Reserve cut interest rates and noted that US election impacts are unlikely to be immediate. Currently, XAU/USD is trading at $2,704, up over 1.7%. Wall Street gained further as the Fed unanimously lowered the federal funds rate by 0.25%. In its statement, the Fed pointed to solid economic growth, though labor market conditions have weakened slightly. Officials also observed that inflation is closer to the Fed’s 2% target but remains somewhat elevated. Long term framework - gold price is still in a downtrend. Market recovered thanks to FED continuing to cut 0.25% as expected. Short term recovery /// SELL XAU : zone 2719-2722 SL: 2727 TP: 50 - 150 - 300 pips (2692) /// BUY XAU : zone 2667-2664 SL: 2659 TP: 50 - 150 - 300 pips (2694) Safe and profitable trading
OANDA:XAUUSDShort
by Moon-ForexAcademy
1
$TSLA: at the brink of a huge signal...I have been long NASDAQ:TSLA for a few weeks now, but the time to add to it is almost upon us. A while back, the stock triggered a quarterly down trend and I was worried of a possible dramatic decline if that signal worked, but I'm glad to say it had no follow through and now the opposite is true: NASDAQ:TSLA is set to rally to new all time highs. If price gets over $233.67 this month, we will have more confidence in this outcome, as the monthly trend will be confirmed then. Target zone near $430 is our focus for the time being, but this could activate a quarterly up trend, which would suggest a 12 quarter run towards $873 would be possible Best of luck! Cheers, Ivan Labrie.
NASDAQ:TSLALong
by IvanLabrie
#EURCAD 1DAYEURCAD Daily Analysis The EURCAD pair is currently trading near the lower boundary of a well-defined channel on the daily chart, where it has reached channel support. This support level suggests potential buying pressure, as the price has historically rebounded from this area within the channel, creating a favorable setup for a long position. Technical Outlook: - Pattern: Channel Support -Forecast: Bullish (Buy Opportunity) - Entry Strategy: Buy near the channel support area Traders may look to enter a buy position around this support level, with targets set at the channel's upper boundary. To further confirm the setup, indicators like RSI showing oversold conditions or MACD indicating a bullish divergence could add confidence to the trade, supporting the bullish forecast for EURCAD.
Long
by PIPSFIGHTER
2
Meta Platforms , Inc _ Quarter _ 4 _ Distribution _ Prices: Meta Platforms , Inc _ Quarter _ 4 _ Distribution _ Prices: To get to the future prices I will calculate the economy range for previous 2 years. From 1st of September 2021 to 1st of September 2023 is exactly 2 years. From 1st of September 2023 to 22nd of January 2024 is 4 months and 21 days. So, the total time between the dates is 2 years, 4 months, and 21 days. Now I will use my own mathematical model and engineer them with current time and data to get the future prices which will cover between Quarter 4, 2024 and Quarter 1, 2025 period. 1st Cycle distribution ( Next Prices): $610.57 $622.65 Retest $601.85 __________ $633.78 $639.79 $640.95 $643.55 $654.72 $686.74 _______________ 2nd Cycle distribution ( Next Prices): $757.25 $870.42 $985.71 $1,284.71
NASDAQ:METALong
by Skill-Knowledge-Conduct
Trading minute impulseOn the minute timeframe of XAUUSD at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum.
FXOPEN:XAUUSDLong
by syomking76418
Never HODL at the highest point even if the profit is small Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- I used TradingView's INDEX chart to see the overall flow of BTC. ----------------------------------------- Let's take a look at the section that showed a big movement. (1M chart) - 13888.32 - 57789.06 - 71320.68 The three points above are where the BW(100) line was created. The fact that the BW(100) line was created means that a high point section has been formed, so there is a high possibility of a decline. Therefore, based on the previous two experiences and looking at the current movement, we can see how important the 71320.68 point is as a support and resistance point. Therefore, we should sell when it falls below 71320.68 in order not to HODL in the high range. In the big picture, the stop loss point has been confirmed. - (1W chart) From the 1W chart, we can see that the 68376.06 point is an important stop loss point. Therefore, we should decide to sell depending on whether there is support in the 68376.06-71320.68 range. - If the BW(0) line is created after the price falls, then it is a strong buying period. Therefore, we should check whether there is support and see if we can buy. The reason is that after buying at the 37929.90 point, there is a possibility that it will fail to rise above the MS-Signal indicator and continue to decline. Therefore, you should not forget that you need to cut your loss when it falls below 37929.90 after buying. If you have a lot of cash left after distributing your investment weight well, you can buy more when the next BW(0) line is created to lower the average purchase price. However, since it is a 1W chart, such a transaction is not easy, so I think it is better to buy again after cutting your loss. - (1D chart) Since BW(0) and BW(100) lines are often created on the 1D chart, it is recommended to use the BW(0) and BW(100) lines created at the current price position for trading. As mentioned earlier or in the chart, you can see that the BW(100) and BW(0) lines appear after the arrows are created, and there is a decline and rise. Therefore, since the arrows are created near the current price, you can see that the BW(100) line is likely to be created soon. Therefore, if you are trying to make a new purchase now, I think it would be better to lower the investment ratio or not to make a transaction at all. In any case, when the BW(100) line is created, you have to stop the transaction in progress or sell some of it. - It is not much, but I think it can be a good reference for trading. If you look at the StErr Line, HA-High, HA-Low, BW(0), and BW(50) indicators together to make this judgment, I think it will be a great help in your trading strategy. Since these indicators can be used on all time frame charts, I think they can help you get an eye for selecting support and resistance points. If you use too many indicators, you can trade incorrectly. Therefore, you should think about how to use the indicators, which indicators to apply to which trading strategy, and think about how to use them accordingly. I hope that this time, you will trade without HODLing at the high point. - Have a good time. Thank you. --------------------------------------------------
INDEX:BTCUSDEducation
by readCrypto
2
$FREY - more money down the drain, headed for the graveyardNYSE:FREY is a company set up to enrich the owners and key players. They have tapped into subsidies in several countries, and the owners have made millions. They have delivered nothing, and plan after plan has been cancelled. After getting tons of money and praise in Norway, they shut down and moved to the US. Because the US government provided a better environment. Still delivering nothing, they now got awarded €122 million from the EU. Watch this money go down the drain, or into owners pockets. No point in doing any technical analysis, this company is heading in one direction only. Be aware of short termed price jumps based on nonsense, it is all part of the process of bankruptcy. As always, do your own due diligence. If this company is alive in its current form in 1 year, I will never post anything in here again.
NYSE:FREYShort
by WeRideAtDawn
Opening (IRA): QQQ Nov 15th 420 Covered Call... for a 415.50 debit. Comments: After taking off my Nov 415 covered call in profit (See Post Below), re-upping here, but at a slightly higher strike (there are only five-wides available). The 420 is at the -87 delta, so this is less aggressive than I usually do (-75 delta call). However, I've already booked profit in the November cycle, so am fine with getting what is kind of a weak sauce ROC here with plenty of "room to be wrong," particularly with the elections coming up. Metrics: Buying Power Effect/Break Even: 415.50/share Max Profit: 4.50 ($450) ROC at Max: 1.08% 50% Max: 2.25 ($225) ROC at 50% Max: .54% Will generally look to take profit at 50% max, roll out the short call on side test/IV expansion.
NASDAQ:QQQLong
by NaughtyPines
Opening (IRA): IWM Nov 15th 194 Covered Call... for a 192.28 debit. Comments: Re-upping with a monied covered call in November with a strike that is slightly higher than what I previously had on at the 193. (See Post Below). Just looking to get a little more out of the November cycle before moving onto December without taking on a ton of additional risk ... . Metrics: Buying Power Effect/Break Even: 192.28 Max Profit: 1.72 ROC at Max: .89% 50% Max: .81 ROC at 50% Max: .45%
AMEX:IWMLong
by NaughtyPines