#SPARC is getting ready for a sparkling move #superchartzKey Levels:
Support: 360 to 350
Resistance: 389, 399, 421
Key Drivers:
Sun Pharma Advanced Research Company Ltd focuses on R&D of pharmaceutical products, earning revenue from license fees, royalties, and R&D services. In FY23, it obtained USFDA approval for Sezaby and filed for NDA of PDP-716 in collaboration with Visiox Pharma. The company primarily targets oncology & neurodegeneration, with 8 pipeline assets in various stages. It has shifted focus from New Drug Delivery Systems to New Chemical Entities, investing heavily in R&D. SPARC is part of the SunPharma Group, with significant corporate backing. It faced an IT security incident in March 2023, though business operations were not directly impacted. The company plans Phase 1 studies for SCD-153 and SBO-154 in FY24 and FY25, respectively, aiming for continued growth through collaborations and new preclinical programs.
Flagformation
Tesla - Confirmed BreakdownHello Traders, welcome to today's analysis of Tesla.
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Explanation of my video analysis:
For more than three years, Tesla stock has been trading in a bullish flag formation. Two months ago Tesla once again retested the upper resistance trendline and failed to break out towards the upside. There are two major support levels below current market price which I do expect Tesla to retest. Then you can absolutely consider long setups again on Tesla stock.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Tesla - Go Long NowHello Traders, welcome to today's analysis of Tesla.
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Explanation of my video analysis:
After the massive triangle breakout in 2020 and a rally of +1.500%, Tesla has been moving sideways for over two years now. Tesla stock is currently creating a triangle formation as well as a flag pattern. I am personally waiting for a clearer setup on Tesla before I will take longs - either a triangle breakout or a retest of the lower support of the flag mentioned in the analysis.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
GOOGL Flagging Above Accumulation ZoneGOGLE is flagging nicely above an accumulation zone that's been intact for 7 months. We're seeing higher lows since October, and currently price is sitting above the 50 EMA and right at the 20 EMA. A breakout on volume should send this to $150 and beyond to new highs.
EURNZD BUY so yesterday i got in successful GJ buy but towards the start of new york i failed to hold and got out at a smaller profit than intended now im in eurnzd longs to make that profit back .
Eurnzd has made multiple bullish confirmations showing buyers are startin to gain control.
EURNZD/LONG
AUDUSD I Pullback and more descend Welcome back! Let me know your thoughts in the comments!
** AUDUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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COST Costco flap and poleHey folks
Back with my signature flag and pole. Not into using crazy indicators here but just pure tech analysis.
COST giving a weekly flag and pole with divergence on macd.
Wait for 8-9 weeks for the next earning season and see it pop. Feel free to checkout my previous ideas and see how they faired.
Leave a comment and a subscribe for more ideas
Cheers
A
CADJPYCADJPY is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the healthy retracement and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH
What you guys think of this idea ?
PEPEUSDTPEPEUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is being respected by inclining trendline and has also formed bullish flag pattern which is also being supported by inclining trendline.
These two to gather putting strong bullish confluence for the pair.
What you guys think of this idea
BTC/USD Daily Timeframe AnalysisIn the daily TF, after engulfing the $16,218 area, price started to accumulate. This accumulation took almost 60 days and BTC had very low fluctuation but after the accumulation price started to break all the SR lines and even the mid-term trend-line.
As a result of these engulfing these SR lines, we can see FTR zones were formed and had supported the rise in the price one after another. And also cased a formation of a very important base between $19,562 - $20,368. (Referring to the strength of this base and the pattern formed, we can consider this base an important Order Block).
By breaking out of the FTR zone $25,200 (orange) price formed a new FL between $24,745 - $32,376.
Generally, when price of BTC rose to $32,000 we can consider this a pullback to the DP of the weekly TF. And started to distribute.
In the current situation we must take the following into consideration:
⁃ currently price is ranging in a Flag ( indecision area) and non of FLs has been engulfed in order for us to have a clear for cast of BTC future moves !
⁃ As price is in downtrend in the higher TFs, and after making the pullback to the DP of the downtrend pattern price broke the mid-term uptrend trend-line.,The probability of engulfing the lower FL and descent of price to the base which was before the pole (FTR) is very high !
Kindly note that in Financial Market there are more than 1 scenario!
We in fact, by relying on rules and principles of Technical Analysis & also deep analysis of Fundamental Data, try our best in providing you with a thorough analysis together with e most probable scenario for the future values of assets and currencies.