Qinetiq breaks out after 4 yearsBreaking out of rectangle patter formed since Feb 20 should mean an upside target of 648.
Good results & defence industry make it more resilient in the face of other factors affecting the economy (e.g. election and recession).
Do your own research and this is not a recommendation to trade in this stock.
Breakouts
Breakout in CIEINDIA after a long consolidation Stock Analysis
CIEINDIA was consolidating for a long period and has just given a breakout with a spike in volume.
A strong base has formed at the 460 level, which is unlikely to break.
Trading Strategy
Short and Long Duration: Suitable for both short-term and long-term trades.
Target and Stop Loss: Short-term stop loss and target levels are plotted on the chart.
Price Rally: Suggest holding the stock as long as possible with a trailing stop loss.
Potential Upside: The stock may reach levels between 900 and 1200.
This setup looks promising for a sustained price rally. Trade smart and hold as needed!
Somethin will happenBullish flag, a big one is forming. If you like crypto this is a must. Buy now, and keep buying at every dip. This could blow up the entire place at any time in the upcoming weeks. SL triggers if a weekly candle breaks down the support zone and closes below it with tons of volume.
Possible BTC Breakout! Eyeing $70k!!Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates.
The chart suggests a potential breakout from a descending channel pattern for Bitcoin (BTC), followed by a retest of the broken trendline as support. If this retest holds, there could be a significant price increase towards $70k. The 50MA is also acting as a potential support level.
Here's what could invalidate this bullish scenario: A daily candle close below $61.5k.
What do you think about this potential price movement? Share your thoughts in the comments below!
CESC - BREAKOUT STOCK TO BUY FOR SWING TRADINGSUPPLY ZONE & BREAKOUT STOCK
Breakout point - 150
ENTRY - 150
SL - 140
TARGETS - 180
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
#ESCORTSCompany is almost debt free
New Products
During FY22, the Co launched six new tractor variants under the Powerhouse series with improved power, fuel efficiency, application suitability and lower maintenance features. Under the railways equipments vertical, the Co launched Emergency pull box, Coupler (Rev # 3) and Metro Dampers (Chennai Metro).
Focus
The Co. is actively pursuing the development of the Electric Vehicle (EV) market, products and technology. It is investing and building capabilities in next-generation digital technologies under the Rajan Nanda Innovation Lab.
We are at a Precipice - BTC WeeklyThis next week is critical in determining our path forward. For continuation to the upside, really need to se BTC above 67K (green path). As we live below 63K, downside is more likely (yellow path). Pay close attention to price action this week/beginning of next week.
Ascending Channel on EUR/USD @ D1An ascending channel pattern has formed on the daily chart of the EUR/USD currency pair. This followed a long period of bearish trend for EUR/USD. The pattern can be used for a downside breakout trade setup. The pattern's borders are marked with the yellow lines. The potential entry level is at the cyan line. The potential take-profit level is at the green line. The position of both lines is calculated based on the channel's width. The stop-loss isn't shown on the chart. It is to be set to the high of the breakout candle or to the high of the preceding candle if the breakout one is trading mostly outside the channel.
AUDCAD - BEARISH CONTINUATIONPrice could possibly break back above to fill the range.
Looking for a break and close above the resistance level at 0.88495, then waiting for a minor pullback to retest the level before placing a buy order to fill the range.
Ideally I would prefer to see price continue to the downside with a break and close below the 0.88220 level, as current trend is bearish.
Again for sells I am looking for a break and retest before entering a position.
Targeting 0.87825 level where I will look to close 50% and move my stops to BE, with a full TP target at 0.87555.
How to use Williams Alligator Indicator in crypto trading?You have probably heard about Alligator, indicator which is used by top crypto traders. This powerful tool can increase performance of every cryptocurrency trading strategy and help you to make money on the market. Alligator gives us the precise answer if now price is in impulsive or reactive wave. This knowledge is very useful in building your own crypto trading strategies or even in automated trading bot strategies. Even if you use grid bot strategy Alligator can increase your return on investment because it’s vital to set up grid bot in reactive wave and sideways movements. What is the beast Alligator, let’s have a deep dive into this topic today!
What is Alligator?
Alligator is the best indicator for trend detection. It consist of three moving averages which are called jaw, teeth and lips. Moving averages are frequently used in algorithmic trading bots. They can be exponential, smoothed or weighted depending on particular crypto trading algorithm, but we will use smoothed moving averages (SMA).
Jaw (blue line) - 13 period SMA shifted 8 bars is the future. This is the balance lie of the current time frame, for example 1D
Teeth (red line) - 8 period SMA shifted 5 bars in the future. This is balance line of lower degree time frame, for example 4h
Lips (green line) - 5 period SMA shifted 3 bars in the future. This is balance line of two times lower degree time frame, for example 1h
Please, be careful when you use Alligator on different cryptocurrency trading platforms. Check the correct settings and moving average type. On TradingView it’s correct, don’t worry!
Trend detection with Alligator.
The main Alligator’s feature is the detection the trending markets and markets which are about to explode in any side. This powerful tool can enhance your crypto trading algorithm if you use it in the correct way. On the ATOM price chart you can see the example of an Alligator. As you can see it has two conditions: sleeping and hungry.
Sleeping Alligator is when all lines are crossing each other and the price. This period of time can takes up to 80% of time. This is the market cycle stage where you shall avoid any trading and be prepared for the trending market
Hungry Alligator is when after a long period of consolidation price chose the trend direction. It’s an impulsive move. Alligator’s mouth is widely opened and do not crosses the price.
It’s very important to distinguish the trending market because only this type of a market gives you opportunity for the fast and huge profit. Otherwise, in the range bounded market you don’t have enough space for price to make profit for you. Most of stop losses occur while Alligator is sleeping. Another one very useful hint for you. If you use Elliott waves analysis. You don’t need to understand in which wave market is now. You just jump into the impulses and avoid corrections.
How to trade with Alligator
Here is the most interesting part. How to start crypto trading using Alligator? Our basic strategy is to wait when the price will create the first fractal above the Alligator’s mouth and place conditional order to buy one tick above the fractal’s top. We will discuss fractals in details next time. Now you have to understand how to use Alligator.
Another one hint from our experience is to use fractals only when Alligator has been sleeping for a long time, like you see on the BTC chart. After long sleep and fractal breakout Bitcoin showed the greatest bull run in the history.
Let’s notice where we should close trade. Almost at the top! When price started showing weakness we don’t need to be in the market anymore. Using this strategy on 1W time frame you can hold assets during entire bull run and sell then before bear market. Fantastic! Isn’t it?
Conclusion
In this article we discussed how you can implement Alligator indicator in your trading routine. This indicator will help you to avoid boring market when you can only lose money and catch every big move. Moreover you can use even sideways market detection if you use cryptocurrency trading bot which earns money in range bounded market. For sure this in not the only one strategy using Alligator. Next time we enhance our approach with other tools and see in details how Alligator improve their profitability. Moreover, soon we will live stream where practice trading with Alligator. See you next time!
Best regards,
Skyrex Team
Bullish triangleBTC formed a bullish triangle with a nice pole as in the textbooks.
Finally we broke out this flag yesterday and now if the retesting going well, we will see some movement to upwards. BTC halving is so close, volatility expected on both sides. Alts could bleed, but if retesing confirmed, we will seen big green candles soon.
Take care, and don't forget risk managment!
!NFA!
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.
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.