LEU - We've been prepared for this breakout all along! With signs of tapering kicking in a month ago and our strong buying channels awaiting activation, we've been preparing for this breakout and finally got our entry last week!
There's plenty more room for this to go although we can see some immediate signs of resistance here at our tapered teal. Look for yellow strong buying continuation to continue to activate and hold price for a breakout of teal and test of magenta.
Happy Trading :)
Breakoutsignal
UNP - Breakouts happening on buying continuation activationNext Stop: 247.50
When we see ourselves breakout out and retesting a strong selling algorithm like magenta here, we are almost guaranteed to come and retest the top of our tapered selling algorithm (teal here).
Look for yellow strong buying to continue to activate and hold price for the move to retest teal. A future breakout of teal will then allow us to retest recent highs at 258 which is the top of our green buying continuation which is currently in control.
Happy Trading :)
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.
XLP Potential Breakout on Consumer Staples Sector $XLPXLP Potential Breakout Analysis
AMEX:XLP is showing signs of a potential breakout based on technical analysis. This could present a favorable opportunity to consider investing in the Consumer Staples sector.
Why Consumer Staples Sector?
The Consumer Staples sector is known for its stability and resilience during market fluctuations, making it an attractive option for investors looking for a defensive position. These companies produce essential goods that people need regardless of economic conditions, providing steady demand and consistent performance.
Interesting Companies in the Consumer Staples Sector:
Procter & Gamble ( NYSE:PG ): A multinational consumer goods company with a diverse portfolio of products ranging from household essentials to personal care items. Its strong brand presence and global reach make it a reliable choice for long-term investors.
Coca-Cola ( NYSE:KO ): A leading beverage company known for its iconic brands like Coca-Cola, Sprite, and Fanta. With a focus on innovation and expanding into new markets, Coca-Cola remains a solid pick in the consumer staples industry.
Colgate-Palmolive ( NYSE:CL ): A well-established company specializing in oral care, personal care, and household products. Colgate-Palmolive has a history of consistent growth and brand loyalty, making it a dependable investment option.
Investing in these companies within the Consumer Staples sector could provide a balance of stability and potential growth opportunities. Keep an eye on AMEX:XLP for further developments to capitalize on the potential breakout.
PDD - Our patience paid off! Our "lines" tell us everythingWe finally got the breakout we were waiting for on PDD and the makers set us up perfectly for a post-earnings gap up.
Happy for everyone who followed along our analysis and held strong on this one. Or maybe even added on the dip like I did.
We can expect some resistance at top of yellow here before a retest of white tapered selling and then an attempt to breakout of orange tapering again. See you all there!
Happy Trading :)
OSCR - Building liquidity for a larger breakout - What to look 4Higher Time Frame tells us everything. We are allowing this to build liquidity in a controlled selling fashion and would like to see our teal buying algorithm pick price up once reached very soon. We've already begun the tapering process on the sell side (orange and magenta controlled selling) so this is shaping up to be a nice breakout.
See you all there!
Happy Trading :)
MSFT - Why I took swing calls overnight -how I predicted the gapSupport by an algo leads to resistance by that algo. In this case, we were no longer supported by teal selling but rather by HTF buying continuation. You could see that in order to finally break out of the tapered teal selling, we needed for price to build liquidity until it could activate our HTF buying continuation algos.
More analysis like this to come! Stay tuned!
Happy Trading :)
OSCR - More room to the upside when we see this!A very strong company clearly building some much needed liquidity for a further push up. Very controlled selling algorithms in play right now and most importantly, with yellow tapered buying in control of price right now, we will need to prove some sell-side tapering on magenta before activating orange strong buying for the breakout. This breakout of controlled selling green and magenta will have strong confluence with an inverse head and shoulders having built beautiful left shoulder liquidity to grab and propel us to new highs.
Keep an eye out for this one! I was a strong believer back at $2 and that conviction paid off multiple times over.
See you all later on!
Happy Trading :)
Triangle Patten Breakout in SOLARINDSSolar Industries India Ltd. manufactures, supplies and exports industrial explosives and initiating systems. Its commercial and civil explosives include bulk explosives, cartridges, detonators, and initiating systems. The company was founded by Satyanarayan Nandlal Nuwal on February 24, 1995, and is headquartered in Nagpur, India.
We can Aim for a 25-30% return with a StopLoss of 10% @6555.
AAPL - LIVE BLASTOFF!!! We were prepared for this move!!We were preparing for this move all day in my livestream and were back and forth shaking out sellers at this very strong level.
I ended the livestream earlier but thought I'd catch the move live for all the members who were with us waiting for the take off to happen. Here it is! Hope for those who were in my last stream got to enjoy some nice profits from this move!!
Happy Trading :)
BTCUSDT Bitcoin to break 68KOn the short time frame we can see a triangle forming, look for the breakout to go above
68K.
Take profits at;
69852
Caution, the market is very volatile at the moment, expect BTC to have big moves down once it reaches 68K. Do not over leverage, use a stop loss.
Follow out channel as we will be giving signal in the near future!
ADA/USDT Breakout AlertBreaking Horizontal Resistance. Potentialy New High !
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and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
CVNA - Trade setup that can yield big profits TODAY!This will be an excellent (and may I saw obvious) trade to look out for today. After a strong move post-earnings, we have already shown signs of buyer weakness at these levels.
Today we are looking for that squeeze and proof of buy side tapering at the top of our yellow and blue tapered buying continuation channels.
They line up perfectly and will be wedging with strong orange buying - which is great confluence for me along.
If buyers are unable to continue higher using orange and fail to break yellow and blue, this means... If we can't go up, __________ (Hint: we go down!).
Will take this short on proof of tapering at the top of these channels and as we see in pre-market action we will be opening up right around these levels.
Come join us in the livestream to see this trade taken in real time if it presents itself!
Happy Trading :)
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
"Bitcoin" moves towards $65,820📌📌By examining the trend in the daily time, Bitcoin has broken the ceiling of the ascending channel upwards and now, having a support interval in the range of $51,802-53,281, it can increase as long as the length of the first ascending channel to the resistance of the ceiling of the second channel in the range of $65,820 find🎯🎯🎯
XAU - Are we about to break a 4-year resistance point?! Next stop could potentially be.. the moon?
Not sure if it's beginners luck or I have the magic touch - but are we about to see the first breakout of this blue horizontal channel going back to 2020?! This is my first time analyzing and really even looking at a chart of Gold and I'm psyched! I'd be honored to be a part of this breakout.
Special shout out to our friend Mohibullahstudent who, during my live stream today, persistently requested I cover Gold and though I was busy trading equities in a fast paced market, I did "promise" him I would do an analysis of Gold later on.. so this one's for you!
Now that I'm officially a "gold trader" I will continue to analyze this PA as it develops and especially if are able to break out of our teal controlled selling and retest the upper channel to continue to shake out sellers for the all important breakout.
Thanks to everyone who joined the live stream today, we had a lot of fun, and hope to see you all again tomorrow at 9:30 AM for another live stream where we will be trading and analyzing charts together.
Happy Trading :)