Buyopportunity
AAPL Entry, Volume, Target, StopEntry: with price above 198.23
Volume: with volume greater than 80.50M
Target: 226.30 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up)
Stop: Depending on your risk tolerance; Based on an entry of 198.24, 188.90 gets you 3/1 Reward to Risk Ratio.
This LONG swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Electrifying Your Portfolio: Tesla's Long-Term Potential BUYHello Traders:)
Let's start by recognizing the overall trend in the electric vehicle sector.
Global sales of electric vehicles have more than doubled in just two years, marking a sixfold increase compared to 2020. Considering the future bans on the sale of gasoline-powered cars, this trend is expected to be sustained and even strengthened in the near future. This provides us with a macroeconomic justification for seeking long-term buying opportunities in this industry. Given the immense growth potential in Tesla, it's worth considering allocating exposure to this market through this particular company.
Currently, Tesla is trading at 66% below its all-time high. Assuming a bright future for this industry, this could translate into significant growth potential.
But is now a good time to enter?
To assess this, we can first look at the Global X Autonomous & Electric Vehicles ETF, which represents the global outlook for potential growth in this sector. I've chosen this ETF because it provides worldwide exposure to this industry.
As seen on the daily chart, the ETF is currently retesting the price breakout from the beginning of the year and the lower market profile from both two months ago and the current month. This creates a very strong demand level, making it an excellent entry point with low risk for potential gains. This opens up the overall opportunity to explore chances in this sector here and now. Instead of going long on this or a similar ETF, it's better to select a single company because the potential for one company's growth outweighs the percentage increase of the entire ETF. Therefore, choosing a dynamically changing stock like Tesla seems like a very sensible solution for maximizing potential profit.
And finally, Tesla itself... It currently appears to be a great moment to accumulate shares before a potential upward rally. This is because we are currently witnessing a retest of the upper band of the yearly VWAP (Volume Weighted Average Price) and the lower band of the monthly Market Profile.
I consider the scenario to have begun after a signal was generated from this point by the Heikin Ashi 1D candles. This could potentially be held for long-term growth or until negative environmental/company news arises. The entry could be negated if there is a clear breakthrough below the upper band of the yearly VWAP. In that case, patience should be exercised in seeking a new entry opportunity, perhaps from within the VWAP or upon a retest and breakout above the upper band of the VWAP.
Additional confirmation comes from the ongoing retest of Tesla's weekly moving average, which can currently be interpreted in the same way as the upper boundary of the yearly VWAP.
Good luck!
PSNY Giant Falling Wedge (reversal) Weekly & DailyFalling Wedge Pattern for PSNY chart, Polestar
In this chart analysis, it's evident that there's a potential buying opportunity if we manage to reclaim the indicated level (previous gap after Earnings). This could take 30 to 45 days, as institutional investors are not very interested in buying this stock.
However, it's crucial to exercise caution and patience, especially considering the need for a CMF (Chaikin Money Flow) reversal within the green zone.
While there's a possibility of a lower buy-in, it's important to remember that there are no guarantees of a bounce at this stage.
Traders should keep a close eye on CMF indicators to confirm a favorable entry point before taking action.
In addition, is there a potential positive divergence in the PPO (in formation)
BALRAMPURCHIN BREAKOUT ANALYSIS 14 SEPBALRAMPURCHIN is a performance based stock. and if we look at the chart we can see it has given the breakout after a nice consolidation of more than 1 year.
it’s expected to give a nice target of R:R :: 1:3.
Reason :
Bullish trangle breakout.
Support at the VWAP.
RSI is in Bullish zone, Trendline break of RSI.
Successful breakout after 14 months
High Volume trade last 4 days.
successful breakout of the strong Resistance Zone. Now it will act as support
Price > EMAs
Verdict :
Highly Bullish
R:R :: 1:3
Plan of Action:
Buy: 431.25
Stoploss: 406
Target: 500
CLH Entry, Volume, Target, StopEntry: with price at or slightly above 178.34
Volume: with volume greater than 272.5k. This stock trades too thin for my liking.
Target: 193.42 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up)
Stop: Depending on your risk tolerance; Based on an entry of 178.34 & target of 193.42, a stop at 174.57 gets you 4/1 Reward to Risk Ratio.
This LONG swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
History Repeating Itself? | BCH Predicted to Hit $160Are y'all seeing the same pattern I'm seeing? We are experiencing almost the exact same moments back in 2017!!!
FIB:
-With the 0.236 placed at the top of the first major rally after the final fall, we see this play as an area of support and a correction at the 0.702 Retracement level BOTH in 2017 and now.
- Do you think the 0.236 Level will play as a support? Comment your thoughts down below!
Patterns:
- I used Elliot waves (12345) (ABC) to try to find a pattern and a correlation to the history of BCH. I'll let you be the one to decide if you see the patterns.
- Let me know if you found something better in the comments bellow!
MA:
- We want to see resistance play out for the next few weeks if we want to see this pattern play out correctly, for this will help the price reach lower.
- Do you think were in for another huge fall? Comment below!
RSI:
- RSI will hopefully show resistance levels at the .60 for accouple weeks
Finding the support then moving upWeekly Chart
On this chart, Tesla NASDAQ:TSLA is still below the resistance and going down to support around $212
Daily Chart
Tesla has a key level around $212 and it's also in ascending channel so I expect price will bounce back when touch this level
Wait for next move around there
Polkadot - key levels - investmentI think $4.585 is a perfect long-term buy zone. Dot has a monthly rangetrend that supports the upward move and some levels.
1st target - would be in the area of monthly resistance at the price of $7.42 - almost 60% profit.
2nd target - would be in the area of weekly resistance at the price of $8.54 - almost 85% profit.
If the Polkadot price never reaches this weekly support, you can buy at $5.55 for 30-40% of your budget, and if the price drops to $4.585 , you can buy the rest.
ContinuationThis is a continuation from my previous idea. If you haven't, please go read it so you understand my reasons for being bullish.
Price is now rejecting from M15 supply at the top of the range but my expectation is that it will break above it and reach the next level of supply tomorrow. This will make the M15 structure bullish and it increases the chance for a continuation towards the H4/1D weak high.
Possible buy situation on H stockHyatt Hotels Corporation, ticker H, has bounced of it's support level sitting at just $106.6 and it's moving up.
I love buying stocks which bounce from it's previous supports, especially when this support is acting as it's previous high.
Things to consider with this trade idea:
1. My Stop Loss will be placed below the support line, around $103.45 level, this level seems to be the best one in my opinion. Why? It will be around 200MA line, so if the price drops heavily to that level, we will most likely see a break of the moving average line.
2. Price level sitting at $117.85 is the first level I will be watching, I will either be adding to position or preparing myself to exit, depending on the price action.
3. Next price level, the ATH price, sitting at just $124.88, if the stock reaches this price range and show signs of good and healthy uptrend, I will surely be adding to my position.
This is just my piece of thought, please do your own due diligence.
SAP SE: A Mid- to Long-Term InvestmentSAP SE: A Mid- to Long-Term Investment
SAP SE
SAP SE is a German multinational software corporation that develops enterprise software. It is the world's largest independent software vendor by revenue. SAP's products are used by businesses of all sizes in over 180 countries.
Capitalization SAP's market capitalization is approximately $170 billion. The company is listed on the Frankfurt Stock Exchange and the New York Stock Exchange.
Current and Future Projects SAP is currently investing heavily in cloud computing and artificial intelligence. The company's cloud revenue is growing rapidly, and it is developing new products and services that use artificial intelligence to automate business processes and improve decision-making.
Some of SAP's current and future projects include:
SAP S/4HANA Cloud: This is SAP's flagship cloud-based enterprise resource planning (ERP) system. It is designed to help businesses of all sizes transform their operations and become more agile.
SAP Leonardo: This is SAP's suite of artificial intelligence (AI) solutions. It helps businesses to automate processes, improve decision-making, and make better use of data.
SAP Business Network: This is SAP's platform for connecting businesses with their customers, suppliers, and partners. It helps businesses to collaborate more effectively and improve their supply chain efficiency.
Stock Rating
I would rate SAP shares as a Strong Buy for the mid- to long-term. The company has a strong track record of financial performance, growth opportunities, and a strong brand.
It is also well-positioned to benefit from the growth of the cloud computing and artificial intelligence markets. However, there are some risks to consider before investing in SAP shares. These include:
Competition: SAP faces competition from other large enterprise software companies, such as Oracle and Microsoft.
Technology risk: SAP's business depends on its software products. If the company is not able to keep up with the latest technologies, it could lose market share to its competitors.
Geopolitical risk: SAP operates in many countries around the world. If there is a political crisis in any of these countries, it could disrupt the company's operations and its share price.
Overall, I believe that SAP shares are a good investment for investors who are looking for a company with a strong track record of financial performance, growth opportunities, and a strong brand. However, investors should be aware of the risks associated with investing in enterprise software stocks.
Conclusion SAP is a well-established company with a strong track record of financial performance. It is also well-positioned to benefit from the growth of the cloud computing and artificial intelligence markets. I believe that SAP shares are a good investment for the mid- to long-term. However, investors should be aware of the risks associated with investing in enterprise software stocks.
Risk Warning
Trading stocks and options is a risky activity and can result in losses. You should only trade if you understand the risks involved and are comfortable with the potential for losses.
Rating: Strong Buy
Risk Disclaimer!
The article and the data is for general information use only, not advice!
The Trade Academy Team - The Professional Trader
Risk Disclaimer!
General Risk Warning: Trading on the Financial Markets, Stock Exchange and all its asset derivatives is highly speculative and may not be suitable for all investors. Only invest with money you can afford to lose and ensure that you fully understand the risks involved. It is important that you understand how Trading and Investing on the stock exchange works and that you consider whether you can afford the high risk of loss.
EURCAD to 1.49 at least this weekExpecting further upside this week on EURCAD
Last week closed strong bullish to setup this week
Classic break and retest set up of 1.46 key level and 1.45 daily pivot area (79% retracement)
Looking to enter on start of week retracement with stops below 1.45 invalidation area
Targets at 1.49-1.50
Follow for more
AAPL Entry, Volume, Target, StopEntry: with price above 194.48
Volume: with volume greater than 85M (or 203M on the weekly chart)
Target: 203.77 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up)
Stop: Depending on your risk tolerance; Based on an entry of 194.49, 189.86 gets you 2/1 Reward to Risk Ratio.
This LONG swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
AUDUSD Bullish Trade Opportunity A long trade opportunity recently presented itself on the aussie-dollar trading chart, following a bullish engulfing candlestick pattern just above the 0.66000 psychological level (there's even a confirmation candle after the signal candle).
A good upward momentum should see price trying to test the 0.69000 psychological level again.
EURCHF 2023 Yearly Structure OLHC (Buy Signal)
EURCHF2023
YEARLY STRUCTURE
OLHC (BUY SETUP)
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In the year 2023, FX:EURCHF EURCHF commenced with a low opening, accompanied by a remarkable bullish divergence observed from October 2022 to the current market price in July 2023. Notably, the price is currently experiencing rejection at the monthly support level of 0.95156 .
An ideal buy setup will materialize upon the price's closure above the Buy zone, specifically at 0.95962 , coupled with a bullish TDI cross, signifying the active presence of buyers in the markets.
Upon the occurrence of the TDI cross for buys, the first take profit target will be set at 0.97855 . Subsequently, the second take profit level will be aimed at the yearly open of 2023, standing at 0.98661 . Furthermore, should the price break above the 2023 open, the third take profit level will be based on last year's open, as the price was unable to reach that target previously, located at 1.03522 .
As always, prudent monitoring and cautiousness are advised to make well-informed decisions.
In the year 2023, FX:EURCHF EURCHF commenced with a low opening, accompanied by a remarkable bullish divergence observed from October 2022 to the current market price in July 2023. Notably, the price is currently experiencing rejection at the monthly support level of 0.95156 .
An ideal buy setup will materialize upon the price's closure above the Buy zone, specifically at 0.95962 , coupled with a bullish TDI cross, signifying the active presence of buyers in the markets.
Upon the occurrence of the TDI cross for buys, the first take profit target will be set at 0.97855 . Subsequently, the second take profit level will be aimed at the yearly open of 2023, standing at 0.98661 . Furthermore, should the price break above the 2023 open, the third take profit level will be based on last year's open, as the price was unable to reach that target previously, located at 1.03522 .
As always, prudent monitoring and cautiousness are advised to make well-informed decisions.
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It is crucial to exercise patience and await the TDI cross before taking any action.
Trade with Caution. Wait for valid entries.
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P A T I E N C E + D I S C I P L I N E