Displacement Technology Watch: $QSWith a lot of attention ahead of its earnings report, NYSE:QS had a volatile reaction to the report yesterday, but it is one of several companies vying for dominance in Solid State Battery technology. Auto parts are a niche sub-industry of Electric Vehicles to pay attention to for both short term and long term.
From the weekly chart: The stock is building a bottom after a huge speculative run up after it IPO'd and is now in a basing bottom formation.
QuantumScape was on the NASDAQ Private Market before it IPO'd. Plenty of banks underwrote it and many Preferred Clients, aka Giant Buy Side Institutions, invested during its NASDAQ Private Placement. So it had a respectable amount of investment money to start moving forward faster.
On the daily chart, we can see NYSE:QS had a pre-earnings run that hit resistance which was followed by profit-taking ahead of the report. Pro traders started the run up out of what looks to be a Dark Pool Buy Zone and smaller funds chased, which is often a precursor to a volatile earnings reaction. The stock has a low Percentage of the Shares Held by Institutions at this time, which is another factor that contributes to heightened volatility, but it's one to watch as the EV landscape expands.
Buyzone
Thinking of Buying Gold - Long Position - Check out the entry So i have used fib levels to determine my buy setup for tomorrow.
FVG is very much present below 1945 mark -Many people would be at 1945 mark with Sl of 1940 -1939, but look at my fib level. Buy from discount price which is 1937-1938 and aim for 1963 as TP2. It can go further , but with Friday being slow and weird, i would stay out if i reached my target of 1963.
My chart is very self explanatory for those who have basic knowledge.
Let me know your thoughts
Bullish Bat Pattern within Buy Zone📈 CADJPY Bullish Bat Pattern 📈
Exciting opportunity on CADJPY! 🦅 A Bullish Bat Pattern is forming within the buy zone. 📊 Conservative traders target 106.79, while adventurous traders set their own targets. Remember to manage risk and stay informed. Follow @raynlim for more trading insights. Happy trading! 🚀
CADCHF MOVEMENTUsing support and resistance
The price may move to 0.65000 for market correction. after that the price may move towards 1st resistance at 0.65944 and if resistance breaks then we can expect a small bull run till 2nd resistsance 0.68000. There is a highly chance to buy at near to 0.65000 if market dones a correction and we can expect a good move here in upward direction because of support at 0.65000.
EURAUD Buy at 1.6362 (has been trading in a bullish trend since)
Setup: The EURAUD is trading in a bullish trend and has recently broken out above the 1.6362 resistance level.
Entry: Buy at 1.6362 with a stop loss below 1.6316.
Target: 1.6450 and beyond.
This trade is based on the following technical analysis:
The 1.6362 resistance level was a key level of resistance, and the break above this level is a bullish signal.
The RSI indicator is in the overbought zone, which suggests that the trend may be nearing exhaustion.
The MACD indicator is bullish, which also supports the bullish trend.
The risk to reward ratio for this trade is favorable. The stop loss is relatively small, and the potential profit is significant. However, it is important to remember that no trade is guaranteed, and there is always a risk of loss.
Overall Bullish, But I'm Countertrending This Trade💹 GBPUSD is currently experiencing an overall bullish trend, as evident from the Weekly Chart (right) showing bullish movement within the Buy Zone.
⛔️ However, as a Counter-Trend Trader, I'm eyeing a potential shorting opportunity on GBPUSD based on the setup on the daily chart.
🔍 My trading approach will shift to bullish once it hits the key support level or the bullish trendline.
📊 Stay tuned for more trading insights and updates!
GOLD will buy morepreviously gold on a massive uptrend and it was manipulating on a consolidating area between 1961 and 1954..By the way according to the daily prospective gold made a huge impulse without and correction and now it is time to correction.We knwo that the any market do not continue it own trend without a correction so we may see a correction then it will continue its trend .
BUY MORE BTC AT THIS ZONE AND HOLD!!!!I will drop a lot of pictures on this to make it easily understandable
Firstly on the 3Months time frame we have an all-time high and a drop to 78.2% on Fibo which is 15739.75
then we started reversing slowly, I didn’t see it at first but then I saw it on the drop to 19600
A series of HH and HL has been created; the latest one was in 24700 which is at 50% Fibonacci from the previous High at 31250 indicating a reversal that we are seeing
So I expect that low to take out the previous liquidity well and then find a new higher high which will be at 36261 or high to 48k before halving; there we will see what the market will do and then see.
XAU/USD Prediction 14.07.2023 Ladies and Gentlemen, I bring you significant news from the financial markets that's sure to turn heads. For those in the know and those yet to discover the power of gold as a robust investment asset, your attention is most urgently requested. Gold, that timeless store of value, is on an upward trajectory, and it's not slowing down.
As market volatility persists, investors across the globe are seeking refuge, looking for a safe haven to safeguard their fortunes. And where better to find that refuge than in the lustrous embrace of gold. Its price per ounce is escalating and the message is clear; gold is going up, people.
Indeed, this time-tested precious metal has proven to be resilient in the face of inflation, economic instability, and currency devaluations. As uncertainties continue to pepper global financial landscapes, it's time to seriously consider diversifying your portfolio. Yes, it's time to think gold.
Right now, we're witnessing an enthusiastic resurgence in the gold market. It's not just a blip on the radar, but a compelling trend, gaining momentum with each passing day. Savvy investors are already on the move, reaping the benefits of their golden investments.
So, it's not a moment too soon to take heed of this golden opportunity. Whether you're a seasoned investor or a novice looking to make a smart, long-term investment, remember: gold is going up, people. Don't let this chance slip through your fingers. It's time to catch the golden wave and ride it all the way to financial security.
MU Long hidden strength even after bad news SL pink line
TP Blue line
breakout of resistance and turn to support now
Even big news 2 days ago from China, price manages to show strength at resistance turns support level
many top guru have this counter
Portfolio Manager % of portfolio Recent activity Shares Value
≡ Mohnish Pabrai - Pabrai Investments 79.22 Reduce 14.44% 1,592,134 96,069,000
≡ Li Lu - Himalaya Capital Management 20.20 Reduce 40.52% 6,826,079 411,886,000
≡ Prem Watsa - Fairfax Financial Holdings 16.49 Add 10.91% 3,839,849 231,658,000
≡ Guy Spier - Aquamarine Capital 6.24 200,000 12,068,000
≡ Ruane, Cunniff & Goldfarb - Sequoia Fund 3.44 1,683,406 101,577,000
≡ Harry Burn - Sound Shore 1.95 Reduce 25.01% 277,060 16,718,000
≡ Meridian Contrarian Fund 1.59 Reduce 5.49% 172,000 8,597,000
≡ Daniel Loeb - Third Point 1.18 Buy 1,200,000 72,262,000
≡ Viking Global Investors 0.81 Reduce 65.82% 2,856,599 172,367,000
≡ Yacktman Asset Management 0.38 Reduce 8.90% 639,903 38,612,000
≡ Lee Ainslie - Maverick Capital 0.02 Add 61.95% 12,760 770,000