HBL POWER reclaims 10 & 20 EMA and poised for further growthHBLPOWER has seen a good reclaim of the 10 & 20 EMA after almost a consolidation of more than 10 days with 100% increase in volume on daily TF.
The company has a minimum 50% increase in sales QoQ growth for the last 3 quarters and close to 150% increase in EPS.
Good for swing traders. Can expect an upward momentum of a min of 20%.
Entry - INR 490 (Trade Initiated)
SL - (Day Low) - INR 454
TSL - According to your risk profile.
Disclaimer: Please be advised that the information provided is not intended as financial advice. It is imperative to conduct thorough research before making any investment or trading decisions.
Breakouts
XLU Potential Breakout $XLUXLU Potential Breakout Analysis
AMEX:XLU is indicating a potential breakout based on technical analysis, suggesting an opportune moment to consider exploring the utilities sector.
Why Utilities Sector?
The utilities sector is recognized for its defensive characteristics and stable performance, making it an appealing choice for investors seeking a haven during market volatility. Companies in this sector typically provide essential services such as electricity, water, and gas, which are in constant demand regardless of economic conditions.
Noteworthy Companies in the Utilities Sector:
NextEra Energy ( NYSE:NEE ): A leading clean energy company focusing on renewable power generation, transmission, and distribution. NextEra Energy's commitment to sustainability and innovation positions it as a key player in the utilities industry.
Duke Energy ( NYSE:DUK ): An electric power holding company serving millions of customers across several states. Duke Energy's established presence in the utility sector and ongoing investments in infrastructure make it a reliable choice for investors.
American Electric Power ( NASDAQ:AEP ): One of the largest electric utility companies in the United States, providing electricity to millions of customers in various states. With a strong emphasis on modernizing its grid and embracing renewable energy sources, American Electric Power is set for long-term growth.
Exploring investments in these companies within the utilities sector could offer a combination of stability and potential upside. Stay tuned to AMEX:XLU for further signals of a breakout to seize the opportunity effectively.
Short AU200Hi, a high-risk high reward play on the AU200 with a break and retest of the rising wedge with bearish RSI divergence. If playing along place stoploss above last swing high and wait for a break of trend on lower timeframe will also bring stoploss to breakeven when safe to do so. Good luck 🍀
DAPPXUSDT - KUCOIN LONG SETUPdappx is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is 0.786 Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
VIDHI SPECIALTY FO BREAKOUT ???Breakout done with Huge Volumes.
Good for Short Term.
Traget 520, 590, 660.
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Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Week Of 2/25/2024 Gold Performance Never have i ever though id trade Gold so here we are! After analyzing the previous week for Gold, Gold was still in a strong bullish market. With this information, heading into the first day of the week, would be the beginning of a good one!
Gold formed a new higher high indicating a continuation of a strong bullish market, then later retracing to form a higher low, prompting new supply and demand zones. With this retracement, gold formed a descending wedge pattern which is a bullish pattern that is used to catch the trend break of a retracement during a bullish trend. To continue, because the market is bullish, we are only looking to enter in a buy after the trendline break of the descending pattern, and this will be the first round of profits for the week for a profit of 1.5% at a total of 53.7 pips! After the trade, price failed to break past the previous high and retraced back to the higher low. As price failed to break the previous higher low, we can confidently predict, price is in a range market, and because the overall trend is bullish, we can throw another trendline and the starting point of the current retracement, and wait for price to break that trendline to ride it up to our target percentage. Furthermore, this would be our second round of profits for 1.5% at a total of 57.2 pips! Now with a net profit of 3%, coming into Thursday, price broke the supply zone and formed a higher high! After that, price started to retrace a bit and once it formed a second point of data, we are able to throw in another trendline which ended up breaking early morning for our third round of profits at 1.5% for a total of 109.8 pips!
All in all, we ended the week with 4.5% gain on the account and no losses! Consistency is the key to trading. even though the travel of price was different with each trade especially on friday, your target should always be 1.5-2% of your total account size. your lot size will vary depending on the setup and how far your target loss is. You do not have to take the full move of a break. You only need a piece of it!
IFB: A 5+ year breakout candidate IFB : this would be the third breakout attempt in last 5 -6 years
Stock is in strong uptrend and the strength seemingly suggest a strong upmove likely in short to medium term perspective
stock is up by almost 50% in two months suggest the strength and outperformance
support at 1270-1240 area while with the intensity of this breakout in consideration , can test 1870-1990 and 2130 in next few months
INDO COUNT technical breakout on weekly chart A breakout on weekly chart denotes strength it suggest the CONTINUATION IN THE CURRENT MOVE
if one refer the charts ,
as shown by arrows , volume witnessed a great rise and price followed a strong move along with the same
THE stock likely to show higher areas
its trading well above key average areas and with strength in RSI
support at 310-290 zones and with stop below these CAN test 370-400 in 6 months
Adani power Consolidating for more than 85 DaysAdani Power Limited is a holding company engaged in providing electric power generation by coal-based thermal power plants and coal trading. So, after the BO of this pattern to the upside, we can expect a move of around 30% and can keep a stop-loss below the swing low. NSE:ADANIPOWER
Long term breakout in DBSTOCKBRO (NSE)NSE:DBSTOCKBRO has broken out this week from a long term zone. The move has occurred after a nice rounding bottom that took nearly 8 years. Remember that the longer the pattern formation, larger the move.
Now if we go by classic TA, rounding bottom low from breakout zone is a 550% move (38 points in terms of number). If we go by % then there is a huge upside potential in the stock. Even if we go by just the absolute move, it would still be a healthy 70%. Break of this week's high should be a good entry point if you're an aggressive trader.
On the downside, if there is a re-test then it might go back to 45 zone before it continues on the upside. If you're a conservative trader then you can wait for the pullback (though it may never happen).
Worst case, the breakout might fail completely hence it would be prudent to trail this using a tight average in a daily timeframe, e.g. 9DEMA/10DMA.
VR Is good for at least 100% if not more on the Swing Trade
Vr has been consilidating and squeezing for awhile now. We have a resistance line on the ADX forming that we broke out of and a Support line that formed the third time it was tapped we saw our Breakout through the Moving Averages. Fib Ranges say we have quite awhile to go aiming the final target price at 21 cents.
This Token seems Very Promising. Enjoy and as Always DYOR
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Below is the call that got my attention
🔎 *Symbol*: `VR/USDT`
📈 *Signal*: `Long`
💲 *Current Price*: `0.053278`
🛑 *Stop-Loss*: `0.022409436`
💰 *Market Cap*: `150800431.85436806`
🚪 *Entry Prices*:
📥 Entry Price 1: `0.042492564`
📥 Entry Price 2: `0.048704718`
📥 Entry Price 3: `0.053725499999999995`
📥 Entry Price 4: `0.058746282`
🏁 *Exit Prices*:
📤 Exit Price 1: `0.091253718`
📤 Exit Price 2: `0.10129528199999999`
📤 Exit Price 3: `0.11754899999999999`
📤 Exit Price 4: `0.133802718`
Bearish Flag on EUR/USD @ D1A bearish flag pattern has formed on the daily EUR/USD chart following a downtrend that lasts since the end of 2023. The pole and the flag's borders are shown with the yellow lines. The stop-loss level (the red line at 1.07953) is set to the highest point of the flag area. The take-profit level (the green line at 1.06210) is set to the pole's length subtracted from the stop-loss level. I will open this short position only if the currency pair closes significantly below the flag's lower border.
Symmetrical Triangle, .38 Fib Bounce. Continuing Bullish Run We have an ADX that is postive 34 and uptrending suggesting trend follow tatics work best.
We can see that we've ran 300% and traced back down to a healthy .38 fib line which is expected after such a burst. This is a low marketcap coin with a lot of potential. We're proud to give it to you!
icp on the daily looks incredibleWhen running a fib it's so bullish it didn't even tap the .5 but was above, that's huge!
We see it went and touch a very relevant support line and lasted no longer than a wick with huge buyer support coming in as expectd. The bears had a good run but we see so much bullish presence here we couldn't hide our excitement!
Capp/btc an easy 100x on btc? (Long Term)So a rare beast is forming here!
We have a long downtrend going below 1 satoshi on a coin that used to have some significant value. I see a huge spike in buying volume and price is finally starting to breakout.
This is a banger guys! Do not sleep on it! Right now it's .000000002 a 1/5th of a satoshi! Wow!
This coin is very likely to hit 130 sats easy!
Don't sleep on this project!