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Breakouttrading

AMD - Finally a correction?Hello Traders and Investors, today I will take a look at AMD . -------- Explanation of my video analysis: Back in 2022 AMD perfectly retested the previous all time high which was turned support after AMD stock broke it towards the upside in 2020. Furthermore AMD stock also created a bullish symmetrical triangle formation and already broke out towards the upside. More often than not we will see a retest of the breakout level, potentially bullish confirmation and then the continuation towards the upside. -------- Keep your long term vision, Philip (BasicTrading)
NASDAQ:AMD
by basictradingtv
1
LEU - Updated Analysis after nice bullish movement and reversalWe've been eyeing this breakout since we started to prove sell-side tapering from our strong selling algo to our more tapered teal. Since then, we've seen healthy movement and if we're looking back to a year ago, we can see a similar pattern that formed prior to a larger breakout. So here I am going to allow us to come back and retest white if that's what price wants to do - if it does I will add to my swing position there, and once we break out of teal tapered selling, we have some nice room up to our retest and attempted breakout of magenta/red tapered selling. That will be the real test and for that breakout we will need to see our strongest purple and yellow algorithms be in control to break out of there. Hope this was helpful - as always, feel free to ask further questions on any of my analysis either in the comments or in a personal message to me. Have a great day all and... Happy Trading :) - TraderDaddyOG
AMEX:LEULong
by ReigningTrades
5
#SALZERELEC#SALZERELEC SALZERELEC Good for Holding around 6 TO 9 Months ..... Current Price at 848.05......... Keep SL at 802. .... (On Closing Basis ... Means ... Daily Candle closed Below 802 )….. After Close Crossing 913 …. Trail SL to 913 Targets are Shown on Chart in Greens . Patent It has received a patent for ‘Integral Cam Operated Rotary Switches’ for a duration of 20 years, ending 2031. It has registered a Patent for Rotary Switches, five product patents in process. Diversification into Smart Meter In Feb,24, the company announced the establishment of a Smart Meter Manufacturing Business in Coimbatore with an annual production capacity of 4 million smart energy meters which will be increased to 10 million in Phase Two. The first batch of smart meters is expected to roll out in Q1 FY25. Clientele Valeo, Delta, Siemens, L&T, Schneider Electric, Nuclear Power Corporation, Kone, Indian Railways CED, ABB etc Market Share The Co is the largest manufacturer of Cam Operated Rotary Switches with 25% market share. Promoter holding has increased by 2.08% over last quarter.
NSE:SALZERELECLong
by iism-ExpertTrading
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 :)
AMEX:LEULong
by ReigningTrades
4
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 :)
NYSE:UNPLong
by ReigningTrades
Uni Fake Breakout of trend line ! Be aware ! UNI has been trading in a clear uptrend on the 4h timeframe. The price has been respecting the ascending trendline and making higher lows. However, the price is now approaching a strong resistance level at $13. The ascending trendline: The ascending trendline is a bullish pattern that is characterized by two converging trendlines, one connecting lower highs and the other connecting higher lows. The price typically breaks out above the upper trendline, signaling a continuation of the uptrend. The resistance level: The resistance level is a price level at which the price is likely to stop rising and start falling. This is because there are a large number of sell orders at this level. The fakeout: The fakeout is a bearish pattern that is characterized by a sharp increase in price, followed by a quick reversal and fall. This pattern is often used by large market participants to trap retail traders and acquire liquidity at higher prices. The bullish scenario: The price breaks out above the resistance level at $13 and continues to rise. The first bullish target is $20. The bearish scenario: The price fails to break out above the resistance level at $13 and falls back to the trendline. The price then retests the trendline and breaks down below it, signaling a reversal of the uptrend. Conclusion: The UNI chart shows a bullish pattern. The price is approaching a strong resistance level. The outcome of this level will determine the future direction of the price. Investors should always do their own research before investing in any cryptocurrency.
Long
by Yaroslav_Krasko
5
SID Potential Breakout State Bank of India $GETTEX:SIDSID Potential Breakout Analysis GETTEX:SID is showing signs of a potential breakout based on technical analysis, indicating a favorable moment to explore investing in the State Bank of India (SBI). Why State Bank of India (SBI)? State Bank of India (SBI), as one of the largest and most reputable banks in India, offers a compelling investment opportunity for various reasons: Market Presence: SBI's extensive network and dominant market position in the Indian banking sector provide stability and potential growth opportunities for investors. Financial Performance: The bank's solid financial performance, robust asset quality, and prudent risk management practices make it a reliable choice for long-term investments. Economic Growth: With India's economy poised for continued expansion, SBI stands to benefit from increased banking services demand, infrastructure development, and financial inclusion initiatives. Key Reasons to Consider State Bank of India: Diversified Portfolio: SBI offers a wide range of banking products and services catering to diverse customer segments, enhancing revenue streams and mitigating risks. Digital Transformation: SBI's focus on digital innovation and technology integration positions it well to adapt to changing market dynamics and meet customer expectations effectively. Government Backing: As a government-owned bank, SBI enjoys implicit support, adding a layer of stability and credibility to its operations. Exploring investment opportunities in the State Bank of India could offer a blend of stability, growth potential, and exposure to India's thriving economy. Keep an eye on GETTEX:SID for further indications of a breakout to make well-informed investment decisions.
GETTEX:SIDLong
by holacarlosmartinez