GME Headed for Double Bottom Reversal as Market SlidesRegardless of what /r/Superstonk says, GME is headed for a Technical Double Bottom, which will lead to a "go-up". There's a bunch of other factors (go read what Superstonk has to say) that are probably going to make this stock rocket, but technically it should go up at this point. We may see it play up to nearly 30$ by the end of May.
At this price point of about 15, you can double your money in two months. Keep an eye on it. I personally just bought in I'm so confident.
Buyopportunity
NAS100 FALLING WEDGE PATTERNHey traders!
Nas has formed a clear falling wedge pattern, though the pair is on downward trend there is a divergence signaling a trend of change. Therefore, shortterm i see nas climbing some good pips.
Are you buying the dip? - Follow up of previous post-correctionApologies, the previous post was incomplete.
Check my previous post below. Trade didn't work as expected but for me it means another opportunity. I didn't close it out as I posted back then (I know, I probably should have) but something was telling me that this particular stock may come back. Price has fallen onto the strong support. The bottom chart ( daily timeframe ) shows that that the support is holding nicely and is very likely to see a bounce off in the upcoming days. You can open a long position here (I'm already long in negative territory waiting for a come back), risk reward is good.
Are you buying the dip? - Follow up of previous postCheck my previous post below. Trade didn't work as expected but for me it means another opportunity. I didn't close it out as I posted back then (I know, I probably should have) but something was telling me that this particular stock may came back. Price has fallen onto the strong support. The bottom chart (daily timeframe) shows that that the support is holding nicely and is very likely to see a bounce off in the upcoming days. You can open a long position here (I'm already long in negative territory waiting for a come back), risk reward is good.
NASDAQ Trading Alert: Technical Setup and NFP Impact AnalysisAs we approach the upcoming non-farm payroll (NFP) report this Friday, there is a setup on the NASDAQ that's worth noting. However, I won't be taking any trades at the moment due to the potential impact of the NFP report on the market. Nonetheless, I'll still provide some technical insights to keep you informed.
It's worth keeping in mind that if the NFP beats expectations, this could potentially send the NASDAQ back to the downside. With that said, let's take a closer look at the technical side of things.
Recently, the NASDAQ has broken a higher time frame trendline and created a continuation pattern. If we see clear price action and a reclamation of our "Key Zone," there may be an opportunity for more upside. However, it's essential to exercise caution as this is a risky setup.
It's important to manage any trades carefully, especially given the potential market impact of the NFP report. By doing so, traders can mitigate potential losses and take advantage of any potential gains. So, good luck traders and stay vigilant! We hope this analysis helps you make informed decisions in your trading activities.
$NDSN is coming up on the right side of its base!Notes:
* Strong up trend on the higher time frames
* Strong earnings track record
* Basing for the past ~15 months
* Increasing volume on the monthly and weekly charts
* Currently breaking out, with volume, of a long germ pivot of 242.64 on the weekly chart
* On the daily chart it broke out, and retested that pivot as support while also pulling back to its 20EMA
* Has been seeing more accumulation recently, indicating institutional demand
Technicals:
* Sector: Industrials - Specialty Industrial Machinery
* Relative Strength vs. Sector: 1.41
* Relative Strength vs. SP500: 1.09
* U/D Ratio: 1.24
* Base Depth: 37.2%
* Distance from breakout buy point: -7.93%
* Volume -60.53% below its 15 day avg.
Trade Idea:
* You can enter now as the price is bouncing off of it's long term pivot of $242.64 and also its 20EMA
* If you want you can place an order around the $242.64 area as well as it may retest it as support since the volume is low on the daily chart.
* Statistically, this stock may go 22.14% higher from here. Of course that won't be immediately but, looking at its history it could push higher using it's 20EMA as a dynamic level of support and get there.
MORE BUYING PRESSURE FOR DOLLAR INDEXIn this analysis DXY impulsed out and broke-out from the huge period of consolidation on the higher time frame, now we want to see a continuation correction like a flag.... etc.... get ready to scale it to the top which means i'm going to observe some DOLLAR pairs for some sell momentum for e.g pairs stay tune
#WHAT ARE WE EXPECTING:
we need a lower time frame correction to form or reversal candle stick to form around labelled "retracement"
#HOW DO WE ENTER:
lower time frame correction break
TRADE CRITERIA:
#reduce risk entry on the ltf correction break
#3:1 risk to reward
#more correction
#target--104.100
WATCH OUT FOR NEXT WEEK WE NEED SOME CORRECTION
THANKS FOR READING
AS ALWAYS TRADE SAFE AND TRADE SAFE!!!!!!
DID YOU INVEST IN XRP?If your answer is "Yes". Congrats to you, by next uptrending between Altcoins vs Bitcoin, your money will be doubled. HOW?! In short. Let's say, you bought $1k of XRP at 30 cents ( 1000 / 0.3 = 3333.33 XRP ). After next halving of Bitcoin on May 2020, Bitcoin will reach $15k at least and the reward of miners will be decreased to 6.25 Bitcoins. This will reverse the game from the downtrend of Altcoins vs Bitcoin to the uptrend of Altcoins vs Bitcoin with double increase in value of USD. I'm not saying "Hype" but every Altcoin will try to be survived after the halving of Bitcoin and that's normal to keep the main investors in safe side. So, if you does sell your XRP / BTC or / USD at that time, you will get double profit $2k or 6666.66 XRP.
If your answer is "No". You can set buy orders like what I did in GOOD TIME TO BUY BITCOIN!
NEXT UPTREND WILL BE 60 CENTS FOR XRP.
DECIDE AND TRY TO MANAGE YOUR WALLET WITHOUT LOSING. HAPPY TRADING ;)
ACTION CONSTRUCTION EQUIPMENT LTD ACTION CONSTRUCTION EQUIPMENT LTD GOOD FOR SWING
Daily chart time frame breakout
volume is high
BUY 301.90
sp 267
1st target 333
2nd target 365
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
MANYAVAR aka. VENDANT FASHION LTD looks like a great buy at CMPVEDANT FASHIONS LTD also better known as MANYAVAR is a Monopoly clothing and accessory business when it comes to marriage related shopping.
Also, it has very strong Fundamentals.
Recently, It has broken on UPSIDE from the Box on good volumes.
Volumes are rising each day, can be an interesting buy for Medium to Long term.
Note: This is not an investment advice.
JSMR will shine during Eid holidays 2022. Buy now !!positive sentiment supported the movement of JSMR shares during the Eid holiday season. Based on the news and also from a technical perspective, JSMR shares are also in an uptrend phase with a bullish candle supported by an increasing volume along with an increase in the oscillator and MACD indicators
RIOT Calls *Not Financial Advice* *All Speculation*Looking to buy Call options for RIOT. Depending on how BTC reacts to 38000 resistance level will be the determing factor to if I buy these call options. If we see a break at 38000 then RIOT will more then likely trade down to $10 a share, this is where im looking to buy in. However if we see a reversal at 38000 then RIOT will likely trade into 11.5-12 zone. If we dont see a reversal at 38000 then im speculating market will retest at 36000. The exact play im looking at is a RIOT 11.5 Call Expiring May 6. Entry zone is $10 area and Exit Zone is 11.5-12 area.
QQQ Calls ??? 4/26 - 4/29 Analysis Looking for QQQ to bounce of 318 and retest this restistance. If I see a reversal at 318 I will be buying call options that expire 4/29. If this goes how I predict then I will be looking to sell my option contracts in the 324-327 Zone before the contracts expire. Depending on how QQQ reacts to 322 resistance will determine my exit.