SAIL - 50-70% ROI Potential with an RR of 1:3 - MidTermPotential1) Stock is in uptrend in Monthly , weekly.
2) The trendline that connects highs of 2007,2010,2021,2024 are about to be broken on the upside - Price confirmation indicates the same.
3) Weekly Price shows Morning star reversal.
Note : This stock has not participated in the bull rally of 2023.
Entry - Anywhere between 122-135. I see aggressive entries can be planned at 135.
Targets - 151, 170, 190-200, 260
STOP LOSS - Would consider exit only if monthly closes below 108.
Investmentidea
"Fly Like There Is No Tomorrow Left" #ETCETC is currently forming an Adam&Eve formation.
According to Elliot Waves Theory, this is the road map for ETC.
If you are using Leverage on your trades, wait for it to close above 34 in daily time frame.
Use only 2X, accept the fee and hold until the wave 3's final rotation which is 69.
If you are buying products like an investor, you will have 2 options;
-Buy now and wait until first target (69)
-Or simply buy and hold until second target which is 95 (it will take months)
Remember that it's a long term time frame and it will not be achieved in a couple days (I hope it would).
All Targets Specified On The Chart.
Good Luck To Us All.
NLC INDIA DAILY TIME FRAME - MY VIEWThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support.....
Tradelikemee Academy
Sanjay K G
GRAPHITE INDIA MONTHLY TIME FRAME - MY VIEWThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support.....
Tradelikemee Academy
Sanjay K G
Will SPWR shine in 2024?Hello everyone i want share my idea about SPWR (SunPower Corporation)
In 2023 we had pretty bullish stock price actions which i can't tell about SunPower Corporation.
How SunPower Corporation work? they have loans for 5-10 years, when they have contracts with low rates and government starting to rise rates their work goes bad and their stock prices falling but when rates are low their work going well and more investor make investment.
In my opinion 2024 year will be not great for stock market and the reason is, dollar strong movement start of 2024 and possibility to continue this trend all 2024 year is high. i have idea why i think stock market crash in 2024 which will be linked in this post.
If we look at SunPower Corporation with technical we have big divergence at weekly MACD. Trend at chart is bearish in 2023 but oscillator shows it bullish and this is why i think good investment in this stock. If i have reason stock market crash, if i have reason rate cuts and if technically accept it then i will make investment at lowest price which is perfect for now.
Do Not Miss This Token (SPA) an Easy 20XThe volume here says it all where it bottomed out and buying support came rushing in
We stayed bottoming on this support lined almost 2 years. We recently bounce off the support and crossed and closed above the 50-period moving average.
MACD Is above the Signal Live
Our Algorithm Gave the Signal Below This Morning (02/07/2024)
As always do your own research!
🔎 *Symbol*: `SPA/USDT`
📈 *Signal*: `Long`
💲 *Current Price*: `0.010087`
🛑 *Stop-Loss*: `0.0033446400000000007`
💰 *Market Cap*: `17192780.53204348`
🚪 *Entry Prices*:
📥 Entry Price 1: `0.007715359999999999`
📥 Entry Price 2: `0.00906732`
📥 Entry Price 3: `0.010159999999999999`
📥 Entry Price 4: `0.01125268`
🏁 *Exit Prices*:
📤 Exit Price 1: `0.018327319999999998`
📤 Exit Price 2: `0.02051268`
📤 Exit Price 3: `0.02405`
📤 Exit Price 4: `0.02758732`
IRM ENERGY 240 MINS TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
$BTCUSD 3.5 Year Cycle Forecast - LONGCurrent Market Phase:
As we navigate through BITSTAMP:BTCUSD pairs first phase reminiscent of October 2015, our focus is on achieving the crucial milestone of Target #1, positioned around the $128,000 mark. It is imperative to recognize that this level serves as a pivotal juncture in the trajectory of the current market cycle. Successfully reaching Target #1 will signify the completion of the prebullish phase, potentially setting the stage for the subsequent movements.
Anticipated Correction and Second Bullish Phase:
Upon reaching the $128,000 mark, a robust correction is anticipated, with the target range identified between $23,000 and $24,000. This correction aligns with historical market patterns and provides an opportunity for market participants to reassess their positions. It is important to approach this correction as a natural and healthy part of the market cycle, serving to realign valuations and pave the way for sustainable growth.
The subsequent phase is characterized by a Bullish Pennant formation, indicative of a continuation of the upward trend. This phase is poised to initiate the long-awaited bullish cycle, a significant market event that holds the potential for substantial gains. Investors and traders should position themselves strategically to capitalize on the opportunities presented during this phase.
Extended Projections:
Looking ahead, our analysis suggests that the bullish cycle is expected to culminate in new highs, with a target around $220,000 projected to materialize around mid-2027. This forecast is based on a comprehensive evaluation of current market conditions, historical trends, and potential catalysts. However, it is essential to remain vigilant and adapt strategies to evolving market dynamics, acknowledging that unforeseen factors may influence the trajectory.
External Corroboration:
Our analysis finds support in external sources, such as the article from CMC Markets titled "Is Bitcoin in a New Round of Bull Run?" ( www.cmcmarkets.com ). The article reinforces the observed chart patterns and highlights the potential for a new bullish cycle, adding credibility to our analysis.
Conclusion:
In conclusion, the BTCUSD pair on the weekly timeframe is currently navigating the early phases of a potentially robust market cycle. Strategic positioning, risk management, and a keen awareness of market dynamics are essential components for investors and traders seeking to capitalize on the opportunities presented by this evolving chart pattern. As the market progresses, continuous monitoring and adaptation of strategies will be paramount to navigate the inherent volatility and uncertainties associated with cryptocurrency markets.
INOXWIND breakout SUCCESSFULINOXWIND has given the breakout. as shown on the chart. we can see it has accumalated the quantity for past 3 months. now today has given breakout with nice volume. it will be a good trade with R:R :: 1:3.
Reason:
descending bullish triangle pattern breakout confirmation.
RSI is breaking 60 to upside nice strength in the trend.
Support at VWAP
Successful breakout after 5 months
High Volume is traded today.
Price > EMAs
Verdict:
Highly Bullish
Plan of action:
Buy: 204-208
Stoploss: 195
Target: 232
DASH long term investmentPrice dropped as low as $26 for 1 Dash coin. The idea is for longer term investment. If you have to invest $1000 you can buy approximately 38 Dash coins and leave investment for certain period of time. An example of ROI is on the chart. Of course, there is always a risk that the price drop below $0 in which case you will lose all of your investment.
GANESH HOLDINGS -WEEKLY TIME FRAME The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
IIFL SEC - WEEKLY TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
DISNEY Revisiting a 10 year Support LineThis Technical Analysis is on Disney (DIS), on the 2 Week timeframe.
Our Current Price action is TESTING SUPPORT on this MASSIVE Decade Long SUPPORT LINE.
The 1st time we have ever tested SUPPORT on this was September 29th, 2014.
Highlighted by the RED circles, everytime we've tested this we've had some sort of Price Bounce.
The Most massive gains were from the Bottom of the COVID Crash to the TOP @ approx. $202.00
A Gain of about 154%.
It was also a more evident time to buy as the RSI gave hints along with some other indicators.
Another one being the GOLDEN CROSS where 2 week 21 EMA CROSSED Above 2 week 50 SMA .
Whats happening now?
Currently our 2 week candle, has not yet closed. It will do so August 14th. We will give more clues then. If we maintain support thats GOOD, If we see ourselves below it, and CONFIRM BELOW that would be VERY BAD. This would mean we have broken a 10 year SUPPORT LINE.
We have also had a DEATH CROSS, which is when 21 EMA CROSS below the 50 SMA. This often times causes price to fall as we've recently seen. The moving averages currently seems like there pointing downwards, indicating that price can still drop more.
I would like to see the Moving Averages to flatten out at 180 degrees. To have this happen price needs to bounce from here.
Price is also currently in a downward channel.NOTE how the lower trend line of the channel is below the MAJOR RESISTANCE.
It can be possible that we test this.
Notice the BLACK ARROWS on the RSI and MACD. If you relate them to the lower trend line of the downward channel on Price action. This shows a BULLISH DIVERGENCE. Which is a sign of potential BULLISH MOVE UP.
Bullish Divergence = When Price action shows LOWER LOWS but the indicators show HIGHER LOWS. Usually means price is lagging behind the indicators and eventually PRICE will increase to catch up to the indicators. In normal instances, price moves in sync with indicators.
If PRICE moves BELOW the SUPPORT, its possible we touch this area indicated by the BLACK ARROW, which coincides with the horizontal black line that touches the previous candle wicks. This would put the BULLISH DIVERGENCE at play. Look to see in the upcoming weeks what happens.
Some danger signs are seen in the indicators:
RSI -> Currently our ORANGE RSI Line as moved below the BLACK Moving Average. If you look left it has always been associated with price drops. If we continue to stay below, risk of price drop remains.
MACD-> Notice how the size of the GREEN histograms have been decreasing, indicating a slow down on MOMENTUM. If we don't see bigger GREEN histograms print, next likely thing is the appearrance of RED Histograms which will indicate increased probability of PRICE going down.
ADX -> Highlighted zone shows RED LINE above GREEN. This indicates that bearish momentum is present. As long as RED line is ABOVE GREEN, likelyhood of bearish momentum and price falling is probable.
CONCLUSION:
Disney has reached the CRITICAL SUPPORT line for the 5th time in the 10 year history of this SUPPORT LINE. Everytime when it did so as seen in previous history, its been known to be decent area to BUY. Is it a good area to buy? In my opinion its hard to tell in this moment. For one, we should wait till the close of this CURRENT 2 week candle on the 14th of August. Something to note, everytime we test a trendline, support or resistance, each time it gets weaker. Keeping this in mind, with the warning signs in the indicators and a potential BULLISH DIVERGENCE, a scenario that can be possible: we break it, to test the lower trend line of the Downward channel, only to have prices MOVE BACK UP. But its important to state that this doesn't have to happen either. We need to be patient and observe what is to come in the coming weeks. Zooming into the smaller timeframes, can also give more concrete short-term clues on direction. Stay tuned for updates on other timeframes.
Thank you for your time! Please do support this idea and my work by boosting, following and commenting. Follow for updates and ideas on other trade-ables.
If you have any questions do reach out. Thank you again.
DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. When trading always spend majority of your time on risk management strategy.
ANDHRA PETROCHEMICALS WEEKLY TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive Moves).
Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
buy low and sell high concept. buy at cheaper price and sell at expensive price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
PARAG MILK FOODS - 240 MINS TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
M_MFIN - 1 MONTH TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
ADD THIS TO YOUR INVESTMENT PORTFOLIO!!!
Price has confirmed an Uptrend after violating a Monthly Supply and now is reacting to a Quarterly Demand which should take around a years time to achieve the benchmark of 4:1, the exit is tricky and if not exited @ given target profits may decline rapidly.
This trade will help u increase your savings, as its gonna take a years time due to Price coming from a Quarterly Demand!!!
ENJOY THE RIDE!!!
Why do most traders end up losing moneyThis question is quite scary, but if you are a novice and see this question, congratulations, you are on the right path of trading.
The most important lesson to learn before entering the financial markets is risk expectation.
You can ask yourself, how much money do you want to make from trading? Is your goal asset appreciation, or a small fortune?
If a trade loses money, will it affect your own life?
Is your own character able to stop losses in time, or do you have no self-control?
After asking these questions, we decide whether to enter the financial market.
So why do the vast majority of traders lose money?
1. Because of the particularity of the financial market.
I believe that many friends have heard of the 28 rule. For example, in the distribution of wealth in our society, 20% of people control 80% of social wealth; 20% of people will persist in encountering difficulties, and 80% of people will give up when encountering difficulties.
The rule of 28 is ubiquitous in life, and it also determines what kind of people will succeed and what kind of people will fail.
As for the financial market, it is crueler than real life, because there are no rules in this market, only human nature, so the financial market even surpasses the rule of 28, and less than 10% of people may make profits. In the face of money, most people want to make a big fortune with a small amount, and want to turn around by trading, so those who have stable personalities, strong self-control, low income expectations, and money in their hands are silently harvesting these people who are eager for quick success.
Some people may say that the world is inherently unfair, and those who hold funds can only survive because of the capital.
Actually no. We Xiaosan hold small funds, and we can achieve low return expectations, or we can do it slowly, but how many people are just anxious to make money? Just want to make a big difference with a small one? Just don’t regard money as money, and think it’s a big deal to take a gamble, and if it’s gone, it’s gone?
So it has nothing to do with the amount of capital, but has something to do with people. In financial markets, human nature is the rule.
2. Too many people are dominated by human nature.
As I said before, there are no rules in the financial market, and human nature is the rule.
Trading is a very anti-human thing. Human nature is greedy for comfort, averse to risk, afraid of losing, feeling that one's level is higher than others, hating giving and learning, impatient, etc., which will be infinitely magnified in trading.
There is a saying in the trading industry that trading can be profitable, mentality accounts for 70%, and technology accounts for 30%. In actual combat, it seems that it is not difficult for traders to see the market correctly, but it is very difficult to complete this wave of market and make profits. Why?
I give two examples.
For example, the problem of stop loss in trading.
Seeking advantages and avoiding disadvantages is a characteristic of human nature, unwillingness to lose, unwilling to accept losses, this is human self-protection awareness. Stopping losses in the wrong direction means losing our real money, who can bear it? So in actual combat, many people rationally know that the direction is wrong, but they just don't stop losses, and even increase their positions against the trend, floating orders, allowing the stop loss to become bigger and bigger, and finally lead to serious losses.
Another example is the profitable position in the transaction.
The market trend always fluctuates upwards, or fluctuates downwards, and profit taking in positions is often encountered. Once profits are withdrawn, we will have a sense of insecurity in our hearts, worrying about the reversal of the market and losing profits. This insecurity is also due to human nature.
Even if we rationally know that the profit target has not yet been reached, we should continue to hold positions, but the little emotion of longing for peace of mind has been tormenting us, and in the end we couldn't help but close the position, and made a lot of less money. We comfort ourselves that it is all right, at least there is no loss. But in fact, less earning = loss, because the amount you lose next time will be greater than the money you earn. In the long run, your overall loss will be.
There are many such examples, such as betting on the market, heavy trading, unwillingness to admit defeat, stop loss leading to liquidation, etc., are all caused by the aversion to loss in human nature and the fear of failure.
In fact, if we look at the trading market 100 years ago, it is basically the same as the current human nature problem. The weakness of human nature is very strong, and it is also the main reason why traders lose money.
So at the beginning, I asked everyone to ask themselves those questions, just to let everyone understand their own personality, their current situation, and their human nature, so as to help you win certain opportunities in the trading market.
Trading is like a free game. It seems that the threshold is low and no money is required, but in fact some hidden costs are contained in it, and the human nature is clearly played for you. Therefore, before making a transaction, you must have an existing risk expectation, and then think about making money.
MARIS SPINNERS : Future Multibagger !!!Potential Multibagger:-
Fundamentals :
Company is expected to give good quarter
Company has delivered good profit growth of 42.2% CAGR over last 5 years
Technicals :
Stock is testing 2019 demand zone.
Good to accumlate around 55-66. add more if comes lower.
Targets can be 80, 100, 150, 200+
Safe can exit below 44, with small risk potential of big targets.
-Saptarish Trading.
Sonata Software - Techno-Funda PickSonata Software is trying to outperform the market, with a positive Relative Strength against Nifty. It seems like the outperformance has just started. With IT in the buzz, the company has got decent fundamentals and checklists with almost all the criteria for becoming a multi-bagger.
Sonata Software my techno-funda investment pick for this week!
AUDCAD Investment Plan - 30/Dec/2022Hello Traders,
Hope you all are doing good!!
I expect AUDCAD to go Down after finishing the current correction in LTF.
Look for your SELL setups.
Considering the fact that there are also traders looking for ideas wrt investment purpose, I will be posting my view on few assets for Long term trades.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea