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Longposition

I'll Go To The Moon (ALGOUSDT)ALGO has been trading in an ascending broadening wedge pattern since 19th October. In that time it has risen by ~67% and is once again trading above all EMA's. The market is shaky at the moment and any drops in BTC are causing bigger drops in alts, but any increase in BTC is not necessarily increasing alts much. In any case, despite the very recent downward pressure ALGO found support around $0.13 and is looking to push up to the top of the channel for a short-term 20% increase. In the mid-term, if a breakout of the channel occurs we can target the $0.20 range. If there is any major downward pressure, ALGO could fall considerably to $0.10, but that seems unlikely for now. It has been a while since ALGO has shown some strength, now that it has the explosion should be big. Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only. Please feel free to leave your comments and thoughts below!
Long
by kush23456
Tata Motors on Weekly Chart Looking Good for Mid Term InvestmentAre you looking for a Breakout Stock? It's right here. What - Tata Motors on Weekly Chart Why - Just Broke Out of Resistance. How - I used Fibonacci Retracement to spot Exact Levels. What's your view on this? Please share. Contact 8130724243 for Stock Market Courses from NSE Academy. We are affiliated with Empirical F&M Academy and NSE Academy. Hope this post adds valuable insights to your trading/investment journey. Don't forget to share with your friends. (*Bcz as your friends join you will have someone like-minded with whom you can share and discuss and bring clarity to your learning and life.*) *** Disclaimer: Please note that this is only for Study Purpose and not a recommendation. So please do your own research before investing in market. #BreakoutStock #TradingStrategies #StockMarket #Nifty #chartpatterns #indicators
NSE:TATAMOTORSLong
by Trendx2
USD/JPY Bullish Trade Setup: Buy Limit at 149.5This USD/JPY trade strategy capitalizes on the currency pair's strong uptrend as identified from the monthly, weekly, and daily charts. The current price near 149.5 presents a compelling entry point for a bullish position. The setup involves: Entry Point: A buy limit order at 149.5, positioned just below the current market price, aiming to capture potential upward momentum. Stop Loss: Set at 148.5, below a recent swing low on the daily chart, providing a safeguard against unexpected downward movements. Take Profit: The initial target is 151.5, just below the key resistance level of 152.0. This level is chosen based on the price’s historical performance, where it has yet to break this significant barrier. The trade is backed by an overarching bullish trend, reflected in the higher highs and lows observed across all three timeframes. While the fundamental outlook indicates the USD's strength, particularly with better-than-expected retail sales data, the high sell sentiment in the market suggests a possibility of a short squeeze, further supporting a bullish approach.
Long
by Fexcat
HD Expectations (FLAG)Home Depot (HD) exhibits several bullish indicators that suggest a potential upward trajectory. Firstly, the company consistently demonstrates robust financial performance, with strong revenue growth driven by increased consumer spending on home improvement. Additionally, HD's market dominance, extensive store network, and successful online presence position it favorably to capitalize on evolving consumer trends. Furthermore, the housing market's resilience and ongoing demand for home improvement projects, coupled with the company's proactive strategies in adapting to changing consumer preferences, create a favorable environment for HD's continued growth. Analysts' positive sentiment, coupled with the company's solid fundamentals, make a compelling case for a potential upward trend in HD's stock price.
NYSE:HDLong
by OwningStocksPerson
1
Render (RNDR) ultra long, mega bullishA daily close above 2.75 and RNDR looking hot hot. Could this be the start of a mega break out, that you could hold for the whole bull run - I think so. Either way, here's a set up for a potential 30% trade. Zoom in on daily timeframe or just remove the noice and look have beautiful this chart is on weekly timeframe. RNRD is risky - but it could be huge next year - non financial advice. A potential pull back can happen (after the explosion today), but I think the time for a good entry is start to running out. Play it with your risk tolerance.
RLong
by TaTaTaCrypto
NEO - RELOADEDSince August 2023, NEO has had a strong run, as have many altcoins, growing ~141%. It is now trading above all EMA's and recently rebounded from the 20-day EMA as support. NEO was one of the first 'larger' altcoins to break out of the bearish to bullish phase a few weeks ago. Since then, it has attempted to break the resistance at ~$15 - $15.60, 3-5 times resulting in long wicks. Each time, the resistance won and short-term support was found with the strongest at ~$11.19. Provided BTC continues consolidating or growing, we can see NEO push even further, targeting the $20 area (67% gain). If this doesn't happen, we could see NEO continue consolidating in the value area between $11 - $14 or finding longer-term support around $9 before proceeding to try again. If it consolidates, NEO could move to the top of the value area in the short-term for a modest 16% gain. Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only. Please feel free to leave your comments and thoughts below!
Long
by kush23456
Strong Cup & Handle pattern on the weekly $IXIC chartToday witnessed a robust bullish surge in the Nasdaq with a cup and handle pattern (Very similar on the S&P500 too). Introduced in 1988 by analyst William O’Neill, the cup and handle pattern signifies a bullish continuation pattern activated by consolidation following a robust upward trend. While the pattern requires time to evolve, its recognition and subsequent trading become relatively straightforward once it materializes. As with all chart patterns, trading volume and supplementary indicators should be employed to validate a breakout and the sustained bullish trajectory. To validate the pattern, adherence to several rules is imperative: - The cup with handle pattern must follow a significant bullish movement (Checked: +130% in 87 weeks). - The lowest trough of the cup must be below 50% of the preceding bullish movement (Checked: -37%). - The lowest trough of the handle must be below 50% of the cup’s height (checked: -13%). Key statistics on cup with handle patterns, courtesy of CentralCharts, include: In 79% of cases, the exit from a cup with handle pattern is bullish. In 73% of cases, the cup with handle pattern’s price objective is reached (half the cup’s height), after breaking the neck line. In 74% of cases, after exit, the price makes a pullback in support on the neck line. In summary, the cup and handle pattern signifies a bullish continuation pattern, initiated by consolidation after a robust upward trend. While its development requires time, once formed, recognition and trading are relatively straightforward. Employing trading volume and additional indicators is crucial for confirming a breakout and sustaining the original bullish price movement. PS: I think that a perfect cup and handle pattern would be form on the breakout of the 14300 neckline
NASDAQ:IXIC
by jimmplan
1
IoTeXUSDT - Trendline Breakout Idea ! Hey guys! It's been over 100 days that IoTeX has been in a downtrend. This could be yet the bottom to be confirmed. We need a good breakout of the trendline to the upside with nice strong volume otherwise this could go back into ranging more for a long time or even continue falling despite the bullish bounce off this key monthly level. TRADING PLAN AS FOLLOWS: First we need to see a solid trendline breakout. First TP would be 0.020 a psychological level. However, it could get pierced through so we need to monitor price action once it gets there. My desired level is the weekly mean reversion area where price has struggled in the past and it's also a key flip zone but in the weekly timeframe. This area has been a magnet for price so it could get there again. TP here would be around 0.02470 - 0.02680 If the trendline breakout fails, close position at breakeven IF price goes sideways and no direction whatsoever or it hits stop loss. I suggest to SPOT rather than futures as this is a counter trend trade set up. Risk is higher unless you follow rules strictly per your plan. Hope you find analysis useful! Kina 🙏
Long
by KinaStar
TON ANALYSIS🔮 #TON Analysis - Breakout Trading 🌟🚀 #TON was trading in a "Cup and Handle Pattern" and here we can see that #TON gave a great breakout. Long-term bullish consolidation above the neckline is projected to result in faster growth.📈📈 🔖 Current Price: $2.6618 ⏳️ Target Price:    $3.2840 ⁉️ What to do? - #TON is aiming around $3.5 in its next price target. We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #TON #Cryptocurrency #Breakout #DYOR
Long
by ZEUS_Market_Alerts
DCR LONG POSITION #Dcrusdt #Dcr #Longposition #Profit #Profitable #Btc #Usdt Based On Market Structure We Conduct A Long Position From This Liquidity Levels Entry: 13.11 - 12.92 Take Profit: 16.09 Stop Loss: 12.67 Advisor Legal: Recommend Capital Allocation: Open P&L: 1.39 Risk/ Ratio: 6.48 #Decred #DCR #DCRUSDT #cryptotrading #longposition Decred (DCR) Technical Analysis - Long Position Update Based on the current market structure, I have decided to hold my existing long position on DCRUSDT. This trade was entered between $13.11 - $12.92 as described in my previous analyses. The trade now has an open profit/loss of 1.39% and a highly favorable risk/reward ratio of 6.48. This means the potential upside is over 6 times greater than the risk on the trade. My take profit target remains at $16.09, just below a key resistance level. I will look to book partial profits at $15.50 and trail the rest. The stop loss is still in place at $12.67 which allows room for normal price fluctuations while limiting downside risk. I will continue holding this low-risk, high-reward long position as long as the bullish structure remains intact. Signs of a trend reversal would be a break back below $13. As always, proper capital allocation is key. I have limited my position size to 5% of capital to align with my risk management strategy. Strict risk control is vital for long-term trading success and profitability. Overall, I remain bullish on DCRUSDT and expect further upside from this profitable long position. I will post updates as the trade progresses. Let's see how high Decred can run!
Long
by fidubit
1
C3 AI's strong support level holding My thoughts on C3 AI is that we are in for a correction soon to the upside. We have been in a sideways market for a few weeks and I strongly believe the break further to the downside would have happen already. But due to interest rates staying the same and next year being the ultimate interest rate cut year there is a lot of upside for the whole stock market not just C3 AI. I am long on this stock because it has a lot of value in this kind of market condition. But let's be real AI is the new kid on the block and one thing we know about new kids on the block is they get pumped by retail investors causing large corporations to cover shorts lol. Let's also be more real you can already see that the shorts have been covering since the last pump this stock did they are scared. But do your own homework and when this stock hits $150 let's grab a drink cheers.
NYSE:AILong
by deathlyspartan69
PayPal: Turbulent Journey, Promising FutureI am a big supporter of PayPal but I believe its share value will get worse before it gets better. According to its Q2 2023 results, the online payment company experienced a deterioration in its liquidity with a cash ratio difference (cash/total current liabilities) of -0.04 when compared to its Q2 2022 results. The Q3 2023 Earnings Call taking place on Wednesday (1 November 2023) should set the tone for what to expect in the coming months, a steeper drop in share price or a much desired recovery. PayPal has had a rocky year with the retirement of its veteran CEO, Dan Schulman, who was officially succeeded by Alex Chriss last month. Because Schulman's departure was planned and not sudden, the change in leadership is not a concern for me. The online payment giant also recently launched its own stablecoin showing its willingness and capability to evolve with the times. All-in-all, I believe PayPal's shares have been mostly rocked by factors outside of its direct control (rising treasury yields, pandemic lockdowns lifting, recession fears, etc) so I am anticipating the Q4 2023 to be a pivotal moment as I believe that's where we will see how Chriss has managed the company. Despite the expected turbulence I am going to load up on LEAPS calls as I believe this company is extremely undervalued and is due for a strong recovery once the current macroeconomic disturbances subside. If the price continues to slip, I can see us hitting a support around $40 which will be the lowest the stock has been since February 2017. While this would be difficult to stomach, it offers an exceptional purchasing opportunity. A potential near-future recovery to the $58.50 level is also possible; $65 would be the next stop if the $58.50 ceiling is surpassed. Speculative foresight: noting Elon Musk's prior history with PayPal and his long-term desires for operating an online bank (a desire he has expressed exercising with the newly acquired Twitter, now X, platform), I believe we can expect an attempted merger or acquisition from Musk once he has extinguished the current fires at Tesla and X. In my opinion, an attempt to takeover PayPal would attract high volatility which could launch PayPal's shares to prior highs. This is all speculation of course and probably will not occur for several years, if at all. NASDAQ:PYPL
NASDAQ:PYPLLong
by Shepherd_Investor
Amazon Stock Pops More Than 5%The e-commerce giant's Q4 revenue guidance also beat Wall Street's expectation. Shares of Amazon (AMZN 7.49%) jumped 5.4% in Thursday's volatile after-hours trading session, following the e-commerce and cloud computing leader's release of its third-quarter 2023 report. The gain is attributable to the quarter's revenue and earnings both sprinting by Wall Street's estimates, with the bottom-line beat a particularly big one. Investors were also likely pleased that revenue guidance for the fourth quarter -- the particularly important holiday quarter -- exceeded the analyst expectation. 1. Revenue grew 13% Amazon's net quarterly sales grew 13% year over year to $143.1 billion, easily surpassing the $133.4 billion Wall Street had expected. That result also edged by the company's guidance range of $138 billion to $143 billion. Excluding the favorable effect from foreign-currency exchange, revenue increased 11% from the year-ago period. Year-over-year revenue growth at AWS continued to slow on a sequential-quarter basis. In the prior three quarters, the cloud computing unit's year-over-year revenue grew 12% (Q2 2023), 16% (Q1 2023), and 20% (Q4 2022). This slowdown is industrywide, as many businesses are being cautious with their spending due to the uncertain macro environment. On the earnings call, management expressed optimism that the surging adoption of artificial intelligence (AI) will be a big tailwind for its AWS business. That said, AWS's profitability increased significantly (as discussed in the next section) more than its revenue, and profitability growth, arguably, is more important than revenue growth. Moreover, Amazon's e-commerce business's revenue growth outperformed Wall Street's expectations, which more than compensated for AWS's revenue falling just a tad short of the Street's estimate ($23.06 billion vs $23.13 billion). This dynamic underscores the benefit of diversification. 2. Operating income soared 348% The quarter's operating income more than quadrupled from the year-ago period to $11.2 billion. This result walloped Amazon's guidance range for operating income between $5.5 billion and $8.5 billion. AWS's operating income growth was robust on both a year-over-year and a sequential basis. As noted in the chart, it jumped 30% year over year, and it also increased 30% from the prior quarter (Q2 2023). In the prior quarter, AWS's operating income edged down 5% year over year to $5.4 billion. 3. Earnings per share surged 236% In Q3, net income was $9.9 billion, or $0.94 per share, up 236% year over year. This result crushed the earnings per share (EPS) of $0.28 that Wall Street had expected. The quarter's net income includes a pre-tax valuation gain of $1.2 billion included in nonoperating expense from Amazon's common stock investment in electric vehicle maker Rivian Automotive, which went public in November 2021. The year-ago quarter's net income had included a pre-tax valuation gain of $1.1 billion from the Rivian stock. 4. Operating cash flow rose 81% for the trailing year Operating cash flow jumped 81% to $71.7 billion for the trailing-12-month period. Free cash flow (FCF) was $21.4 billion for this period, compared with negative $19.7 billion in the year-ago period. The company ended the quarter with cash and cash equivalents of $50.1 billion, and long-term debt of $61.1 billion. Investors should mainly focus on Amazon's operating cash flow, rather than its FCF. FCF can jump around a lot quarter to quarter based on how much money the company is investing in growth initiatives. 5. Revenue is expected to grow 7% to 12% in the fourth quarter For Q4, management guided for net sales in the range of $160 billion to $167 billion, which would amount to growth of 7% to 12% year over year. This guidance includes an expected favorable impact of 40 basis points (0.4 percentage points) from foreign exchange rates. Going into the Q3 report, Wall Street had been modeling for Q4 revenue of $157.2 billion, so Amazon's top-line guidance was higher than what analysts had been expecting. Amazon, which doesn't provide earnings guidance, also said that it expects Q4 operating income will be between $7.0 billion and $11.0 billion, compared with $2.7 billion in the prior-year period. A good overall quarter Amazon turned in a strong quarter, especially considering the uncertain macro environment. With its leading positions in two massive growth markets -- e-commerce and cloud computing -- Amazon still has a long runway for growth.
NASDAQ:AMZNLong
by DEXWireNews
[NASDAQ] Cup & Handle - Long setupNASDAQ is forming a nice Cup & Handle pattern on the daily aiming to find support around the 200d EMA and enough buyers to push the price to ATH. A similar pattern was seen in the 2009 bottoming process, successfully defending the 200d EMA and resuming the secular bull market. The same goes for the 2008 failure to hold the 200d EMA giving us a clear invalidation point for our setup If NASDAQ looses the 200d EMA most likely the bear market will resume
OANDA:NAS100USDLong
by helpfulPear98930