Vedanta Limited ready to ride Tsunami waveHeavy base build up on chart, such build up ensure the rally of 100%+ returns in 14-15 month period
Investing
GBPUSD Day PlanA very interesting chart on the pound, as we closed with a sweep rather than a full bar close above. The context still remains short, and there's a noticeable descending trend in order flow after the impulsive news-driven move. The third intriguing factor for short positions is that, unlike the euro, we formed equal lows, whereas the euro cleared all liquidity below. In summary, the priority is short positions at the moment.
Long Term Correlation Chart [20-30 Years View]This is comparing between the super trend of the S&P 500 (Cash) index and the US 10 year bond yields.
Previously, for a good 35 years, bond yields and equities shared a strong positive correlation. (1951 to 1986)
Then correlation swung the other way and for the next 37 years, we started seeing negative correlation. Falling yields with equities continuing the advancement.
Question is.. What happens now for the next 30-35 years?
S&P 500 Daily Chart Analysis For Week of Jan 5, 2024Technical Analysis and Outlook:
The Spooz extended down movement from our designated target Key Res 4800 and Outer Index Rally 4807 and now rests comfortably at our Mean Support level of 4700. The current market conditions suggest we experience a squeeze that could take us down to the Mean Support level at 4644 and possibly even the Inner Index Dip at 4595. However, the current level of support may provide a rebound to the newly created Mean Resistance level at 4740 before continuing its downward movement.
EUR/USD Daily Chart Analysis For Week of Jan 5, 2024Technical Analysis and Outlook:
The Eurodollar has experienced significant price fluctuations throughout this week's trading session. It has fallen below our Mean Support level of 1.100, indicating a potential decline towards the established Mean Support of 1.075. It is highly probable that the Eurodollar will retest the Mean Resistance level of 1.098. The current violent movement of the Eurodollar around our crucial Mean Support of 1.090 and Mean Resistance of 1.098 is a clear indication of the same.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Jan 5, 2024Technical Analysis and Outlook:
Bitcoin had a successful week of trading. It completed our Inner Coin Rally 45900, a positive indicator for the crypto market. Bitcoin is currently fluctuating between a Key Resistance of 45000, a level the currency is trying to surpass, and a Mean Support range of 42800, indicating a potential upward trend in price.
RELIANCE : What all possibilities from here?www.tradingview.com
RELIANCE: As per technical evaluation, it is near its 52W high price. However, if we could see historically, it was in a range of 2000 - 2600 for a long time now. We can see, it has made triple top as well as rising wedge, but do not forget, there is a cup being formed inside and we should not forget. A good time to enter in investment will be above the boundary of 2650 level. The target will be 2884 and 3294. If it reverts from here, it can come to 2300 range first and then 2100 range.
🌐Ethereum (ETH): Uncertainty Amid Bitcoin ETF Speculation! 💹🤔Key Points:
Market Uncertainty: The cryptocurrency market is currently uncertain, influenced by speculation surrounding the approval of a Bitcoin exchange-traded fund (ETF).
Ethereum's Loss: Ethereum CRYPTOCAP:ETH has experienced a 4.5% loss amid the prevailing market environment.
Critical Support at $2,150: The critical support level at $2,150 remains intact, providing a foundation for buyers.
Ascending Triangle Pattern: Ethereum is within an ascending triangle pattern, where buyers have an advantage as long as the price stays above $2,150.
Key Resistance at $2,500: The key resistance to watch is at $2,500, representing a significant level for potential market shifts.
Implications for Traders and Investors:
Critical Support: The critical support at $2,150 is crucial for sustaining buyer advantage.
Ascending Triangle Pattern: The ascending triangle pattern indicates potential for buyers, but a break below $2,150 could shift the balance.
Bitcoin ETF Outcome: Heightened volatility is anticipated, especially with the impending decision on the Bitcoin ETF, which could impact Ethereum's trading range.
RUNE TWO ZONES FOR DCAA coin that made a return of 7x and which, in my opinion, is fundamentally very high quality. The zones I'm looking at for entry because more things match: the bottom of the range from February 5, 2021 to June 5, 2022.
Immediately a little below the weekly level plus 200DMA. That's a 65% discount to take advantage of. Of course, there is also the last zone of demand at $2.3, but I don't know if it will come and I don't want to miss it like last time.
If you like this free content, hit that rocket and check out some more of my analysis
💊Celldex Therapeutics (CLDX) Analysis: Positive Phase 2 StudyKey Highlights:
Positive Phase 2 Study: Celldex Therapeutics revealed positive outcomes from a Phase 2 study of Barzolvolimab, focusing on patients with moderate to severe chronic spontaneous urticaria (CSU) refractory.
Well-Tolerated and Favorable Safety Profile: Barzolvolimab demonstrated general well-tolerance and exhibited a favorable safety profile in the study.
Transformative Potential: CEO Anthony Marucci highlighted the potential transformative role of Barzolvolimab as a treatment option for patients suffering from CSU.
Technical Analysis:
Support Level: The analysis suggests a support level above $35.00-$36.00, indicating a potential floor for price movements.
Upside Target: The upside target is set in the range of $56.00-$58.00, reflecting positive expectations for Celldex Therapeutics.
#CelldexTherapeutics #CLDX #Biopharmaceutical #ClinicalStudy #StockAnalysis #Investing
🚀📊 Upwork (UPWK) Analysis: Surge in AI Job PostsKey Highlights:
Significant Growth in AI Job Posts: Upwork experienced a remarkable 1,000% increase in generative AI job posts during Q2 and Q3 of 2023.
High Demand for AI Skills: Searches for generative AI skills surged by 1,500% during the same period, indicating a substantial demand for AI-related expertise.
Strategic Collaboration with OpenAI: Upwork's collaboration with OpenAI further strengthens its position in the evolving workforce landscape.
Bullish Sentiment: The overall sentiment towards UPWK is bullish, reflecting the positive market outlook for the platform.
Technical Analysis:
Support Level: The analysis suggests a support level above $13.00-$13.50, indicating a potential floor for price movements.
Upside Target: The upside target is set in the range of $22.00-$23.00, reflecting optimistic expectations for Upwork's performance.
#Upwork #UPWK #AI #Freelance #WorkMarketplace #StockAnalysis #Investing
Grasim -- Cup & handle and flag Grasim after good consolidation today grasim gived 3.4% up move maybe more upside moment still pending...
Technical ::-------
1) Cup and handle pattern
2) bullish flag
3) volume also good
up side target 1842 / 1933
NATURAL GAS accumulation idea realized since September 7We are currently hitting 50WMA and 200DMA.The price is located from the zone I set -78%(from this chart) from ATH. Of course if 1.7 is still in circulation.
All this requires the weekly candlestick to close above to receive one of the confirmations for further growth.
Of course if 1.7 is still in circulation.
Below you can see the analysis since September
KAVA longIn the next couple of weeks I will share some analyzes related to altcoins. And if many of them have left at the moment, there are still some who have not shown strength.
For all those who have not accumulated altcoins here is an idea. Everything is shown in the picture.
To be honest, I know nothing about this project
