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Bullishmomentum

GOOGLE looking strong ! we identified a important area. Google needs to break the bearish sequence channel. We have discovered several inflection points that create a very important zone, which is fully respected. When the price falls into this zone, it simply bounces because historically, these inflection points (green circles) have shown a liquidity and trend action. If you can see on the 3rd circle, there is a high-volume candle that, upon rejecting the downtrend, creates a zone that could become a support zone if the price were to fall, and that’s exactly what happened in our 4th circle. GOOGL is undoubtedly showing a lot of strength; however, this coming week, Google needs to show the same strength it has demonstrated over the last two days. In other words, we need enough volume for the price to break the sequential channel and see Google back above 168 or more. We will see how it goes this week. Thank you for supporting my analysis. Best regards.
NASDAQ:GOOGLLong
by RocketMike111
1
Gold glimmers with potential as bullish sentiment prevailsToday's outlook for gold (XAU/USD) in the forex market remains bullish, driven by a combination of factors. The price is currently trading near significant resistance levels around $2,531, supported by expectations of U.S. Federal Reserve rate cuts, which would lower bond yields and make gold more attractive. Traders are particularly focused on upcoming U.S. employment data, which could further influence gold prices. A weaker-than-expected jobs report would likely push prices higher, potentially toward $2,600 in the short term. However, if the data shows strong job growth, gold may face downward pressure, with potential corrections towards $2,483-2,477
OANDA:XAUUSDLong
by BELLATRIXFX
GBP/USD: Monthly and Daily Support Could Encourage Buyers North Looking at GBP/USD from a technical point of view, it is clear the pairing is higher in the long term, recently forging a fresh YTD high at US$1.3267. Monthly Chart: Scope for Further Buying Based on the monthly timeframe, the fresh high positioned price north of resistance coming in at US$1.3111, which could now deliver support to the market. The next port of call for the monthly chart can be seen at resistance from US$1.3483; therefore, assuming US$1.3111 holds as support, further outperformance could be on the table. Daily Chart: Holding at a Decision Point The daily timeframe is interesting, as the unit trades from a decision point zone at US$1.3081-US$1.3130 formed before breaking the US$1.3142 peak established in mid-2023. As a result, this is an important zone from a technical standpoint and is currently holding ground. H1 Chart: Breakout Higher Could Trigger Buyers Looking at things from a shorter-term perspective on the H1 timeframe, a descending channel is in play, extended from the YTD high of US$1.3267. With the currency pair unable to venture south of the US$1.3110 lows fashioned last Friday (black arrows) and price action now seen breaking out above channel resistance, this could trigger GBP demand, backed by the monthly chart trading above resistance and the daily chart testing a decision point zone.
Long
by FPMarkets
SAGA ANALYSIS🔮 #SAGA Analysis  🚀🚀 As we can see that #SAGA is trading in a Descending Channel Pattern in daily time frame. Also there is a formation of double bottom pattern which indicates a bullish momentum. A perfect breakout of both pattern will make a bullish movement in #SAGA   💸 💯🚀 💸Current Price -- $1.2490 📈Target Price   --  $3.1470   ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 #SAGA #Cryptocurrency #DYOR
Long
by ZEUS_Market_Alerts
SPY on weekly stays the course LONGSPY on the weekly chart is up 25% in the past six months. This is beyond its historical norms even during a presidential election year. While there has been some volatility in both directions the climb is consistent and persistent. The indicators serve to document this. The predictive algo predicts more of the same. A price cut when the fed gets around to it will serve to sustain the trend. Lack of it through the summer may cause a fade of momentum. Make hay while the sun shines.
AMEX:SPYLong
by AwesomeAvani
3
SARDAEN - Sarda Energy & Minerals- Strong Bullish Momentum (Buy)Technical Analysis of SARDAEN - Sarda Energy & Minerals (SARDAEN):- Here's a breakdown of the technical analysis for SARDAEN: Personal Opinion:- As per my technical analysis, I am Bullish in this stock and you can buy SARDAEN stock at CMP@274-290 or wait for a dip to enter in the buy trade. This stock is beneficial to buy short to long term point of view. Overall Trend: Positive - As per previous chart and current chart pattern along with my technical analysis based on indicaotrs shows a one-week and one-month strong buy technical rating for SARDAEN. Upward trajectory - The stock price has increased by 15% in the last week, 22% over the month, and a whopping 75% over the past year. Technical Analysis Based on Indicators: Relative Strength Index (RSI): The overall oscillator rating leans towards buy. This suggests the stock might not be overbought yet. Moving Average Convergence Divergence (MACD): The technical ratings suggest a bullish trend with the help of MACD analysis. Other factors to consider:- Volatility:- SARDAEN has a moderate volatility of 12.43% Beta:- 0.86, indicating a slightly lower volatility than the overall market Earnings Report:- The next earnings report is due on July 29, 2024. Positive earnings reports can lead to price increases. Important Disclaimer:- Technical analysis is a helpful tool, but it shouldn't be the sole factor in your investment decisions. Consider fundamental analysis (company financials, industry outlook, etc.) and your overall risk tolerance before making any trades. Remember, this is just a starting point. Do your own research before making any investment decisions as I am not SEBI registered person to suggest any stock Thanks for your support as always
NSE:SARDAENLong
by ForexTrader4all
ZILUSD Forecast: Bullish Momentum & Targets for Q4 2024, Q1 2025ZILUSD currently finds robust support at $0.0136, suggesting favorable conditions for a potential uptrend. The recent retesting and observed volume indicate a promising setup for a bounce. Concurrently, the ETHBTC pairing shows notable growth, poised to potentially flip the 0.6 level, signaling a likely rally in altcoins. Moreover, with ETH's ETF approval nearing, the market anticipates heightened volatility and upward movements in Q4 2024. Historically, such periods have exhibited significant price rises and increased market activity during bull runs. Notably, preparations for market exit around March or November 2025 are advisable as bull runs typically conclude during these times. In historical contexts, ZILUSD has shown resilience and substantial targets during bull runs, with a minimum target projection of around $0.5 in Q4 2024. Breaking the $0.5 resistance could propel prices towards a maximum target of $1.5 by Q1 2025. Since its listing in January 2018 amidst a bear market, ZILUSD underwent significant downtrends until March 2020, followed by a notable uptrend till May 2021's bull run. Subsequently, a downturn from May 2021 to December 2022 led to a consolidation phase until March 2024, marked by recent upward movements. Retesting support at $0.0135 suggests a potential for a substantial uptrend towards Q1 2025 amidst the approaching altcoin season, expecting similar market volatility. Monitoring resistance zones and patterns is essential to maintain active trading strategies. Consider exiting long positions around March or November 2025, aligning with historical market cycles. For more detailed analysis and future trading ideas, follow us on TradingView. Share this idea with your friends and family to maximize profits. Please like, comment, and engage with our posts for more insights. Thanks!
CRYPTO:ZILUSDLong
by Houseofcryptokings
DOT ANALYSIS🔮 #DOT Analysis - Breakout 🚀🚀 💲💲 There is a breakout of Falling Wedge Pattern in #DOT and trying to retests the level. It's a 12hr time frame breakout and we will see more higher price in long-term. A successful retest of support could propel a rally 📈📈 💸Current Price -- $6.058 📈Target Price -- $9.051 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 #DOT #Cryptocurrency #Breakout #DYOR
Long
by ZEUS_Market_Alerts
UNFI ANALYSIS🚀#UNFI Analysis : What Next ??💲💲 ✅As we can see that there was a formation of "DESCENDING CHANNEL PATTERN" in #UNFI and given a breakout. We are expecting around 30-35% bullish move after a good breakout📈 🔰Current Price: $4.233 🎯 Target Price:   $5.739 ⚡️What to do ? 👀Keep an eye on #UNFI price action. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️ #UNFI  #Cryptocurrency #TechnicalAnalysis  #DYOR
ULong
by ZEUS_Market_Alerts
AUCTION ANALYSIS🔮 #AUCTION Analysis 🚀🚀 In daily timeframe, falling wedge pattern is forming ✅ Right now, #AUCTION is trading around it's crucial level 🚀 🚀 if #AUCTION breaks this level then we will be target for 50% in few weeks 💸 💯🚀 💸Current Price -- $21.45 📈Target Price   --  $35.40   ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 #AUCTION #Cryptocurrency #DYOR
Long
by ZEUS_Market_Alerts
Galaxy Surfactants: Bullish Wave 5 in MotionTechnical Analysis of Galaxy Surfactants Elliott Wave Analysis: Galaxy Surfactants is exhibiting a classic Elliott Wave structure on the weekly time frame. The stock has successfully completed waves (1), (2), (3), and (4), and now appears to be unfolding wave (5). Within wave (5), we have finished waves 1 and 2 and are potentially starting wave 3 on the daily time frame. Key Levels: Invalidation Level: The low of wave (4) at 2221 serves as the invalidation point for this bullish wave count. If the stock price falls below this level, the current Elliott Wave structure would be invalidated. Target Levels: Based on the wave structure, the potential targets for wave (5) are in the range of 3500 to 4000. Technical Indicators: MACD (Moving Average Convergence Divergence): The MACD is positively aligned on both daily and weekly time frames, indicating bullish momentum. RSI (Relative Strength Index): The RSI is also showing strength, being positively aligned in both daily and weekly time frames. This supports the view that the stock is in a bullish phase. Wave (5) Characteristics: Wave (5) in Elliott Wave theory often represents the final leg of the primary trend. It is usually characterized by strong momentum and can sometimes extend to unexpected levels, especially if wave (3) was not the longest wave. The unfolding of wave (5) suggests that Galaxy Surfactants has significant upside potential. Conclusion: Galaxy Surfactants is showing a strong bullish setup according to Elliott Wave theory. With the stock potentially starting wave 3 of wave (5) and supported by positive MACD and RSI indicators on both daily and weekly time frames, the outlook is highly positive. The invalidation level is pegged at 2221, with targets towards 3500 - 4000 levels. Investors should monitor these levels closely to confirm the wave structure and potential continuation of the bullish trend. I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NSE:GALAXYSURFLong
by RK_Chaarts
2