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Bullishreversal

Trading MRI comprehensive trade analysis for BNZIBanzai International, Inc. ( NASDAQ:BNZI ) is a marketing technology company that provides essential marketing and sales solutions for businesses of all sizes. Recent acquisitions, financial restructuring, and a reverse stock split signal strategic shifts aimed at enhancing the company’s market position. However, its financial metrics reflect significant challenges, including negative operating, profit, and gross margins. Recent Stock Performance Closing Price (Dec 20, 2024): $1.71 (+5.56% from previous close of $1.62). Daily Trading Range: $1.63–$1.85. Volume: 4.07 million shares (below the 4.23 million average). Volatility: 5-day fluctuation: 16.33%. 30-day fluctuation: 11.04%. Moving Averages: +11.89% above 20-day SMA. -19.48% below 50-day SMA. -82.60% below 200-day SMA. 52-Week Range: -99.23% from 52-week high. +32.05% above 52-week low. Recent Company Developments Acquisitions: Vidello: Adds 6.5M in revenue and 2.3M in EBITDA (announced Dec 20, 2024). OpenReel: Enhances AI-powered marketing with enterprise video solutions (completed Dec 19, 2024). Debt Restructuring (Sept 2024): 5.6M liabilities written off; 19.2M restructured. Reverse Stock Split (Sept 19, 2024): 1-for-50 split to meet Nasdaq listing requirements. These developments indicate strategic efforts to stabilize operations and capture growth in the video marketing sector. Analysis Overview Daily Timeframe: Setup: Green Setup 3 progressing toward Green Setup 4. Trend: Bullish short-term, supported by price action above the 20-day SMA. Key Levels: Resistance at $1.85. Support at $1.60. Weekly Timeframe: Setup: Transition from Red Setup 8 to Green Setup 1. Trend: Strong reversal potential. Key Levels: Resistance at $1.80–$1.95. Support at $1.35. Monthly Timeframe: Setup: Red Setup progression from 2 to 4. Trend: Bearish continuation. Key Levels: Breakdown below $1.45 signals bearish dominance. Support at $1.30 and $1.20. snapshot Risk Assessment 1. Probabilities: Daily (Bullish): ~50.7% success rate. Weekly (Bullish Reversal): ~90% success rate. Monthly (Bearish Continuation): ~55.6% success rate. 2. Risk-Reward Ratios: Daily: 1:1.5 (moderate). Weekly: 1:2 (favorable). Monthly: 1:1.5 (moderate). 3. Trade Risks: Financial instability and operational losses may limit upside potential. Reverse stock split suggests efforts to manage compliance rather than growth. Trade Recommendations Daily Chart: Action: Long on confirmation of Green Setup 4. Entry: Above $1.75. Stop-Loss: Below $1.60. Targets: $1.85, $1.90. Weekly Chart: Action: Long on confirmation of Green Setup 2. Entry: Above $1.80. Stop-Loss: Below $1.35. Targets: $1.95, $2.00. Bold Prediction for Q1 2025 NASDAQ:BNZI Optimistic Scenario: If bullish reversals on daily and weekly charts are confirmed, supported by revenue growth from recent acquisitions: Target Price: $2.10–$2.20. Drivers: Growth in video marketing demand and operational cost savings from debt restructuring. Target Price: $2.10–$2.50 by Q2 2025. Pessimistic Scenario: If bearish continuation dominates, compounded by financial challenges: Target Price: $1.15–$1.25. Conclusion and Bold Prediction BNZI's stock performance in 2025 will hinge on the successful execution of its strategic initiatives and the market reception of its enhanced video marketing solutions. Optimistic Scenario: Integration of Vidello and OpenReel drives growth and operational efficiencies, potentially lifting the stock to $2.50 by mid-2025. Pessimistic Scenario: Continued financial losses and market volatility may push the stock to a low of $1.10 by mid-2025. Investors should monitor quarterly updates on revenue growth, profitability improvements, and operational synergies from recent acquisitions. This will provide crucial insights into the company's trajectory in 2025.
NASDAQ:BNZILong
by charts-tradingmri
1
BNZI:Could 2024's Low Be Behind Us? 2025 Signals a Potential UpAs we close out 2024, Banzai International, Inc. ( NASDAQ:BNZI ) shows signs that the worst may be over. With improved stock performance, strategic acquisitions, and significant financial restructuring, the company appears poised for a potential turnaround in 2025. However, critical confirmation signals are still required before declaring a bullish reversal. Weekly Timeframe: Trend: BNZI is transitioning from a "Red Setup 8" to a "Green Setup 1" on the weekly chart, suggesting a possible bullish reversal. Key Levels: Resistance: $1.80–$1.95. Support: $1.35. While the trend hints at a shift in momentum, traders should remain cautious, as longer-term signals still suggest the need for confirmation. Recent Company Developments Vidello Acquisition: This acquisition is expected to add $6.5 million in revenue and $2.3 million in EBITDA for the trailing twelve months through September 30, 2024. OpenReel Acquisition: Enhances BNZI's AI-powered marketing platform, particularly in video marketing, positioning the company to capitalize on rising market demand. Debt Restructuring: Reduced liabilities by $5.6 million and restructured $19.2 million in debt. While this strengthens the financial position, it also underscores past financial challenges that must be carefully managed. Reverse Stock Split: 1-for-50 split ensures compliance with Nasdaq listing requirements but raises concerns about organic growth. Key Observations Price rebound: BNZI closed at $1.71 on December 20, 2024, marking a solid 5.56% increase from the previous day. The stock has bounced 32.05% above its 52-week low, hinting at a potential bottom. Bullish momentum: The stock trades 11.89% above its 20-day SMA, signaling short-term bullish sentiment. However, it remains below longer-term moving averages, suggesting that the reversal is not fully confirmed. Acquisitions driving growth: The Vidello and OpenReel acquisitions are set to boost financial performance, adding $6.5 million in revenue and $2.3 million in EBITDA. These moves align with BNZI's strategy to focus on AI-driven marketing solutions. 2025: A Fresh Start? Monthly Chart Update Trend: Bearish continuation with Red Setup progression (2 to 4). However, the weekly chart's signals suggest a potential reversal could emerge. Action: Wait for two consecutive green candles on the monthly chart to confirm a bullish outlook for 2025. Entry Strategies Bullish Scenario: Enter long after confirming two monthly green candles, signaling a reversal. The key breakout level is $1.85. If breached, momentum could carry the price to $2.00 and beyond. Risk Considerations While BNZI's prospects look promising, risks remain: Post-Reverse-Split Volatility: The reverse split may increase price swings, impacting investor confidence. Acquisition Integration Risks: Successfully integrating Vidello and OpenReel is critical to realizing expected revenue and EBITDA gains. Broader Market Conditions: Macroeconomic trends and sector-specific challenges could impact BNZI's growth trajectory. Conclusion 2024 was a year of volatility and restructuring for BNZI. As we head into 2025, the company appears to be on firmer ground, with improved fundamentals and strategic initiatives. However, technical confirmation of a trend reversal is essential before declaring a bullish outlook. Key Takeaways for Traders: Watch for two consecutive green monthly candles to confirm the bearish trend reversal. A breakout above $1.85 could signal the start of a strong uptrend, potentially pushing the price to $2.00 and beyond. Stay cautious of a breakdown below $1.45, which could reignite bearish momentum. By balancing these factors, traders can position themselves effectively to capitalize on BNZI's potential opportunities in 2025. Check more in-depth analysis: TradingMRI Want More Analysis? 📢 Check out our Reddit post on r/TradingMRI for an in-depth breakdown of BNZI’s setup, including technical insights, key levels, and trade recommendations. 👉 Visit Reddit - r/TradingMRI Let’s discuss whether NASDAQ:BNZI is setting up for a breakout or another leg down. 🚀💡
NASDAQ:BNZILong
by hydtie
Bullish Setup or Bearish Breakdown Ahead?OANDA:GBPUSD - 1Hr Chart Price: 1.26202 After analyzing the chart, we found RSI in the extreme oversold zone on higher timeframes. Currently, the price is trading above support at 1.25732, which we anticipate as a potential bullish reversal point. However, strong resistance at R1 (1.26953) may cause consolidation and pullbacks around this level. After consolidation, we expect the price to break R1, with the next resistance target at R2 (1.28174). R2 is also a strong resistance, so price may stall and pull back here as well. A breakout above R2 would target the major resistance at 1.29395. On the other hand, if the bearish pressure persists and price breaks below support at 1.25732, a further decline could bring the price to 1.25122. Key Levels: Support: 1.25122 R1: 1.26953 R2: 1.28174 Major Resistance: 1.29395 Remember to follow your risk management for long-term success. Happy trading!
Long
by SpicyPips
1
Is a Trend Reversal Coming?OANDA:EURUSD Multi-Timeframe Analysis Current Price: 1.07962 Potential for a Bullish Reversal: EUR/USD is showing strong signs of a possible bullish reversal across multiple timeframes, marked by key technical indicators: • Breakout of Descending Channel Upper Trendline • Weekly Major Support Zone • Potential Double Bottom Formation • Emerging Bullish Divergence Descending Channel Breakout: The price has broken above the descending channel’s upper trendline (highlighted in the red circle on the chart), turning this line into a weaker resistance zone. Weekly Major Support Zone: We anticipate that price may retest the major weekly support level at 1.07421. This zone could serve as a solid foundation for a double bottom formation, combined with a bullish divergence. If this occurs, it could present an optimal entry point for buyers. Top of Trading Range: Should price rally, the next significant resistance lies at the top of the trading range, around 1.08635. Given the strength of this resistance, we might see a pullback at this level before further movement upward. Price Target: Based on technical indicators and chart patterns, the final target stands around the psychological level of 1.10000. Key Levels to Watch: • Support: 1.07421 • Resistance: 1.08635 • Target: 1.10000 Stay tuned and happy trading!
Long
by SpicyPips
LOKA USDT Daily TF LOAK USDT Trade Idea. Historical Trends: The price has seen substantial volatility since early 2024, with a major peak above $0.350 in mid-year followed by a prolonged bearish phase. The price has consolidated near the $0.165 to $0.176 support zone (M-W-Sup: likely Monthly or Weekly Support). Support & Resistance Zones Support: Major support appears around the $0.165 to $0.176 zone, which is being retested. This level is holding well and represents a potential accumulation zone. Resistance: Immediate resistance lies around $0.250, with a potential move towards the $0.340 zone, as indicated by the blue projection. Projected Path (Bullish Scenario) The projection suggests a breakout from the consolidation around $0.201. The price could move upwards in a zigzag pattern, with the next major target being around $0.340. This implies bullish momentum for the upcoming months. RSI Double Bottom Upon closer inspection of the RSI: The RSI made a low around 32.00 in early September, indicating oversold conditions. It then bounced and made another low, slightly higher, around 47.01, forming the double bottom pattern. This formation is often a precursor to a bullish trend reversal. As the RSI moves upward, it could signal stronger buying momentum in the near future. The double bottom RSI pattern confirms the likelihood of upward price movement, which aligns with the chart's bullish projection. Overall Confirmation Price Action: The bounce from the M-W support zone around $0.165 is holding, and combined with the RSI double bottom, this strengthens the probability of a bullish breakout. Key Levels to Watch: If the RSI continues to climb and breaks above 60, this would further confirm a stronger bullish trend. The projected price levels of $0.250 and $0.340 remain valid targets based on this setup.
Long
by ChartsInsights
2
Return of Volatility IndexesIt's September 18 2024 10:51pm EST, just another Wednesday. Elections are creeping up and Chinese (HSI) markets are sparking uptrend. Somehow, American volatility indexes are evidently setting up for what appears to be a big return to the upside. Perhaps only a rare few have captured it? Who knows, but the cycles don't lie and neither do the high timeframe supercycles, which imply a reversal is overdue for the volatility indexes, including UVXY (ETF), VXX(ETN), and VIX and their corresponding denominations, just to name a few. In any event, it would be fair to say that after today's close and going forward, these volatility indexes are ready for takeoff. The catalysts are not exactly clear, though. Election alone can't spark them, and if Covid triggered the last significant run, what's next? This, only time will tell, but the 'vola' indexes are nonetheless ready for takeoff.
CBOE:UVXYLong
by JuanLagos94
1
NZDUSD - Technical Analysis [Long Setup]🔹 NZDUSD Analysis on 1HR chart - The current Trend is Bullish - Bullish Divergence is Present - No Reversal pattern - Waiting for a Break of Structure for Confirmation 🔹 Trade Plan - Entry Level = 0.61647 - Stop Loss = 0.61072 - TP1 = 0.62223 - TP2 = 0.62802 🔹 Risk Management - First TP is 1:1 - Second TP is 1:2 🔹 How to Take Trade? - Only risk 2% of your portfolio - Take 1% risk entry with 1:1 RR - Take 1% risk entry with 1:2 RR Like and subscribe to never miss a new idea! ✌🏼
Long
by Bountysoul
Trading Analysis and Prediction for BTCUSD at $60,736### Trading Analysis and Prediction for BTCUSD at $60,036 **Current Market Overview:** Bitcoin (BTC) is currently trading at $60,036, experiencing a robust upward momentum as it continues to recover from recent market fluctuations. The cryptocurrency market is seeing renewed interest from institutional investors and increased adoption in various sectors, contributing to the ongoing bullish trend. **Technical Analysis:** The BTCUSD pair has successfully broken through key resistance levels at $58,000 and $59,500, signaling strong buyer interest. The Relative Strength Index (RSI) is hovering around 70, indicating that Bitcoin is in overbought territory, but not yet showing signs of a significant reversal. Moving averages (MA) on the 50-day and 200-day charts are showing a bullish crossover, further supporting the continuation of the upward trend. **Support and Resistance Levels:** - **Immediate Support:** $58,000 - A break below this level could signal short-term bearishness, potentially leading to a dip towards $55,000. - **Immediate Resistance:** $61,500 - This level has been tested multiple times and may act as a psychological barrier. A decisive break above could lead to a swift move towards $65,000. **Anticipated Trading Direction:** Given the current technical indicators and market sentiment, BTCUSD is likely to continue its bullish trajectory, with potential short-term corrections. The market is expected to test the $61,500 resistance in the coming days. If the price breaks above this level with high volume, the next target would be $65,000. **Objective Trading Strategy:** 1. **Long Position:** Traders should consider entering a long position around the current price level ($60,036), with a stop-loss set slightly below the $58,000 support level. The target for this trade would be $65,000, with a potential extension to $68,000 if market conditions remain favorable. 2. **Risk Management:** It's crucial to monitor the RSI and volume closely. If RSI begins to diverge negatively or if there’s a significant drop in volume, traders should consider tightening stop-loss orders or taking partial profits. 3. **Alternative Strategy (Short-Term Correction):** In case of a failure to break above $61,500, traders may look for short-term bearish setups. A short position could be considered if the price drops below $58,000, targeting $55,000, with a tight stop-loss around $59,000 to manage risk. **Conclusion:** Bitcoin is currently positioned for continued growth, but traders should remain vigilant of key resistance levels and potential short-term corrections. Employing a strategic approach with well-placed stop-losses and considering both bullish and bearish scenarios will provide the best opportunities for capitalizing on the current BTCUSD market trends.
BITSTAMP:BTCUSD
by richyperry
1
XRP gaining dominance after lawsuit victory!Welcome back to another analysis, where we dive into the latest market trends and chart the potential paths ahead! Today, I examined the XRP Dominance chart. The chart reveals that we've broken out of a falling wedge resistance and have since retraced to retest the former resistance line as support. Additionally, a double bottom pattern has formed, accompanied by a bullish engulfing candle on the weekly chart, right at the base support line and the previous falling wedge resistance. Notably, the volume data shows an interesting trend: XRP has seen more inflow volume than outflow, indicating potential accumulation by both retail investors and institutions. We are currently facing additional resistance, but if we manage to break through and establish a bullish trend on the XRP Dominance chart, key resistance levels to watch will be around 3%, 4%, and 6% dominance. Historically, XRP once held 30% market dominance, and I believe this project has the strength to reach that level in the long term. Turning to the BTC Dominance chart, it is also encountering significant resistance, suggesting a potential turning point where altcoins may outperform Bitcoin in the coming period. Thank you for reading, and be sure to follow for more in-depth analysis like this! For additional insights, I also share free weekly updates on X: @PuppyNakamoto. CRYPTO:XRPUSD COINBASE:XRPUSD BINANCE:XRPUSD BITSTAMP:XRPUSD BINANCE:XRPUSDT CRYPTOCAP:XRP.D
CRYPTOCAP:XRP.DLong
by WOLFofBlockStreet
6
Potential Bullish Reversal for Stader (SD/USDT)#SD/USDT #Analysis Description --------------------------------------------------------------- + The chart shows a descending channel pattern forming since the peak in end of 2023. The price has respected the upper and lower bounds of this channel multiple times, indicating a strong bearish trend within this range. + The price is currently near the lower boundary of the descending channel, around $0.51, which has acted as a significant support level. + A breakout above the upper boundary of the channel around $0.93 could signal a potential trend reversal. + If the price holds above the $0.50 support level and breaks out of the descending channel, we can expect a potential move towards the $1.15 resistance zone. + Further upside could see the price targeting the $2.00 - $2.50 levels + The RSI is currently at 40.42, indicating that the asset is nearing the oversold region. A reversal in RSI towards the 50 mark would support a bullish momentum shift. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: $0.5109 Stop Loss: $0.37 ------------------------------ Target 1: 0.8259 Target 2: 1.15 Target 3: 2.0 Target 4: 3.0 Target 5: 5.0 ------------------------------ Timeframe: 1W Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
Potential Bullish Reversal for WFI (WIF/USDT)#WIF/USDT #Analysis Description --------------------------------------------------------------- + The chart shows a descending channel pattern forming since the peak in early 2024. The price has respected the upper and lower bounds of this channel multiple times, indicating a strong bearish trend within this range. + The price is currently approaching a significant support zone around $1.80, which aligns with the lower boundary of the descending channel. + A breakout above the upper boundary of the channel around $2.30 could signal a potential trend reversal. + The EMA 100 (blue line) and EMA 55 (light blue line) are currently acting as dynamic resistance levels. A break above these moving averages would add to the bullish sentiment. + If the price holds above the $1.80 support level and breaks out of the descending channel, we can expect a potential move towards the $4.00 - $4.50 resistance zone. Further upside could see the price targeting the $6.50 - $7.00 levels, as indicated by the dotted arrow path. + The RSI is currently at 37.31, indicating that the asset is in the oversold region. A reversal in RSI towards the 50 mark would support a bullish momentum shift. + As long as the price remains above the $1.80 support level, there is a potential for a bullish reversal. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: $1.80 with confirmation of suppor Stop Loss: $1.3 ------------------------------ Target 1: 3.042 Target 2: 4.170 Target 3: 5.0 Target 4: 7.0 ------------------------------ Timeframe:1D (Daily) Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
Small Cap - Froth Few Away ??? :) :) :)Nifty Small Cap - Remember Madam Madhabi's speech on Mar 11 and the great fall....Marked in BLUE Arrows. We are back to same Level. So, where is the Froth ? Flew away with the wind ? Look at how many RED LINES (Supports) were broken from Mar 11 till Mar 14th. All of them turned back as Resistances. Guys - why is no one asking this question yourselves ? If the Market is Indeed weak - Breaking support is ok, but how can it take a V shaped U turn and Break all the Resistances on the upside ? Please don't fall prey to Panic Selling Messages. Remember - we think we are outsmarting the market, preserving our capital, waiting for market to come down to do bottom fishing. But when the market is falling like crazy - how many of you know when to do Bottom Fishing ? Do you all have confidence to buy when market is still falling ? When market turns back quickly and gives sudden upward move - how many of you feel you missed your entry points ? LC to UCs I have given so many examples of LC to UCs. We can't time the market, neither can we outsmart the market. We need to Learn to Ride the Tide irrespective of its side. To do that, we need to have conviction first, then follow support and resistances and then make informed and rational decision I know one thing for sure - very limited folks in this group sold off their positions at levels higher than Mar 11. Many sold after the Mar 11 instigated crash. Now most of our Ex-Holdings would have come above our sell-off zone ? Isn't it there could always be few exceptions which still might be struggling. Out of my 94 stock portfolio which is Small and Mid Cap heavy - most of them recovered to Pre-Mar 11 levels. And many are not so Fundamentally strong. But how did I get back the recovery ? Because market is not rational between Fundamentals and Technicals always. Over a long run it might equalize, but by that time, I will make my money and say TA TA to those stocks. Disclaimer: 3+ Years Teaching Experience in Stock Market - Technical Analysis, Advanced Patterns, Emotional Management, News based Trading... We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side" *** Important *** Consult your Financial Advisors before taking any positions If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments -Team Stocks-n-Trends
NSE:CNXSMALLCAP
by Stocks-n-Trends
NOW is a buy after a down tech stock day LONGNOW is on 15 minute chart with a volume profile overlaid and relative volume and volatility indicators below the chart. NOW had a good earnings beat late January. It is halfway to the next earnings. I think right now software stocks are hotter than hardware/ networking stocks. NOW got dragged down by technology headwinds into its support and the fall got rejected by buyers near to the close of the regular market hours. The lower VWAP bands are confluent with the support zone and confirm deep oversold and undervalued stock price. I believe this is excellent for a long trade perhaps lasting until the run-up before earnings is 6-7 weeks through the buy of a small lot of shares or a call option expiring at the May or June monthly in the range of $750 ( OTM). This will complement existing positions in CRM CRWD and PLTR.
NYSE:NOWLong
by AwesomeAvani
RIOT - Recovering Vectors and Gaps - BullishNASDAQ:RIOT -Consolidation is expected as lower highs and higher lowers are printed -RIOT is filling gaps and vector candles at ~11.5 and ~12.2 respectively (So buy zone should be around those) -Pivot point was registered at 11.94 -As long as it doesn't break the low ADR ~11.3 we should be good -If it breaks low ADR, the new pivot could be ~9.7 -Target 1 should be ~14.6 as it recovers vector -Target 2 should be ~16.3 as it recovers vector in daily timeframe *Not Financial Advice*
NASDAQ:RIOTLong
by a_ag
2
The Rising Sun - SOLARA ACTIVE PHARMASolara Active Pharma went thru a Turmoil after its Ex-CEO resigned almost 2 years ago citing reasons for his failure to manage the company's profitability After the new management took charge - it took 18+ months to stabilize and now to turn the stock to Bullish mode. Technical Pattern: On Weekly - Solara BO of a Falling Wedge Pattern from Jun 2022, but after BO it faced major resistance at 450 levels forcing it go down and Retest the BO zone After Successful Retesting, the price took a strong Bullish Reversal and today trading approx 11% higher and testing the 450 zone again. This time, it has formed a Strong Rounding Bottom Pattern. A strong BO above 450 WCB will take the stock to 550 levels quickly, but this is not the end - there is much more distance to Cover for Solara the subsequent targets given at 840, 1200++. Its a Multi-bagger in the making. Don't miss out this Master Blaster Disclaimer: 3+ Years Teaching Experience in Stock Market - Technical Analysis, Advanced Patterns, Emotional Management, News based Trading... We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side" *** Important *** Consult your Financial Advisors before taking any positions If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments -Team Stocks-n-Trends
NSE:SOLARALong
by Stocks-n-Trends
1
The Phoenix Rising - Reliance CapitalWhat goes Up will come down, What goes down will Rise Up - This is Universal Law Abiding by this law - Reliance Capital - The once sunken stock - declared bankrupt - Resurrected by Hinduja Group (IndusInd International Holdings) which bought Reliance Capital for approx. 9,600 Crore. The effects of these actions are seen on the Charts clearly - The Phoenix Rising from the deep. Recently the stock was removed from ESM Phase II - relieving it from restriction of being traded only on Mondays. From the New year - the stock is hitting 5% UC each day Here are the confirmation of Bullish Reversal The classic HH-HL structure indicating Bullish Reversal on Monthly HH-HL formed at 0.786 FIB Retracement which is a very reliable bounce level A Beautiful Rounding Bottom Structure on Monthly Symmetrical Triangle formation BO is pending both on Rounding Bottom & Symmetrical Triangle - BO above 15 WCB will take to targets of 42, 52, 78 Word of Caution: This is still a Risky bet - The above suggestions are for those beaten down souls already holding the stock for quite long. Hold your breath - Keep up your hope and Patience - good times are ahead. New Entrants - better to stay away from this script until stronger bullish structures are formed Disclaimer: Stocks-n-Trends is NOT a SEBI registered company. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi--timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide" and consult your Financial Advisors before taking any positions. If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments -Team Stocks-n-Trends
RLong
by Stocks-n-Trends
Mining thru the Miner Stock - VedantaMulti-Timeframe Analysis of Vedanta: Decoding the Dividend Yield Vedanta Ltd has been a Cash Cow atleast for past 2-3 years from a Dividend Perspective. More than the Stock price gain - It has provided Dividend Yield of more than 40% since 2022. A large portion of Dividend yields was being utilized to settle the Parent Company's Debt in UK. It was like a Collateral "Gains" for us - the retail investors - who also got big chunk of Dividends. I used to say in a funny way "As long as Vedanta is in Debt - I will enjoy Hefty Dividends" :) This is real and realized profits unlike the stock prices which goes up and down Flag Pole Break Out on Monthly Chart As you can see, VEDL has completed a Flag Pattern BO on Monthly level with huge target of 488 Multi-Bullish Patterns on Daily Chart On the Daily - there are multiple bullish Patterns 1. Cup and Handle - BO started today 2. Inv Head & Shoulder embedded inside the Cup - Target Reached 3. While forming the Handle portion - it also completed the BO - Retest of Flag Pattern which is a Very Healthy sign Vedanta is all set to Shine Bright & Hot in the upcoming days - especially when the Metal Index is also on BO - there is no stopping for this beauty now :) :) :)
NSE:VEDLLong
by Stocks-n-Trends
GBP/USD Potential Bullish Reversal - Cup and Handle FormationGBP/USD is currently on the verge of the lower boundary of an upward channel and forming a Cup and Handle pattern, indicating a potential bullish reversal. The entry point may occur after the price successfully breaks and retests the SNR level at 1.23113. Technical Analysis: -The Cup and Handle pattern is forming, signaling a potential bullish reversal. -The price is approaching the lower boundary of the upward channel. -SNR level at 1.23113 is a critical point for breakout confirmation. Trade Plan: -Entry Point: Wait for the price to break and retest the SNR level at 1.23113. -Stop-Loss: Place a stop-loss below the nearest support level or according to your personal risk tolerance. -Profit Target: Set a realistic profit target, possibly at the next resistance level (1.25497) Special Considerations: -Monitor economic news and fundamental factors that may affect GBP/USD. -Do not hesitate to exit the trade if there are significant changes in market conditions.
Long
by fardycurry