Pharma Stock Alert: NSE:CAPLIPOINT Ready to BreakoutHello, fellow traders!
Today, we are going to look at NSE:CAPLIPOINT, a pharma sector stock that is ready to breakout. The NSE:CNXPHARMA broke its resistance in October and showed signs of going higher, but it has been consolidating for four months now.
Looking at the chart, we can see that the price is patiently approaching the mentioned price level, and the entry price for this stock is also at a bottom level. This presents a great opportunity for a long position in this stock, making it an ideal trading system.
Remember, the price is the "King of Market," and we cannot guarantee anything in the market. This view is for educational purposes only, and any stock mentioned here should not be taken as trading or investing advice. Please consult your financial advisor before investing, and always remember to manage your risk.
Thanks & regards,
Alpha Trading Station.
Longposition
INTC - Bullish Reversals - Long On the chart of Intel Corporation (INTC), we can see two bullish reversal patterns on a daily timeframe.
We can see a Descending Broadening Wedge. This is a typical bullish reversal pattern. Once the price breaks out of the upside of the pattern the highest point of the pattern becomes the target.
The second pattern is a forming Double Bottom. This pattern indicates a bullish reversal. Once the price breaks out of the neckline the target will rise the same length as the range from the neckline to the bottom
In this particular case when the Double Bottom gets validated, the Descending Broadening Wedge will be activated too. When this happens the long position can be taken when the neckline has changed from a resistance into a support.
See all further details on the chart.
Goodluck!
bitcoin again bullish bitcoin again bullish ,,
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Volume of Digital Assets Increases in Russia as Investors Seek Alternatives to Traditional Instruments
Less than a year since Central Bank of Russia (CBR)-approved entities began issuing digital financial assets, these have issued DFAs for 2 billion rubles (over $26 million). The data was announced by Ekaterina , general director of the tokenization service Atomize.
A Deep Dive into Bitcoin's Technical Analysis and News ImpactBitcoin's current price is $24700, and it's being analyzed over a 4-hour timeframe. The Relative Strength Index (RSI) is 64, indicating that the cryptocurrency is in slightly overbought territory but still has some room to grow. The Volume oscillator is -8.52%, which indicates lower trading volume than average. The Moving Average Convergence Divergence (MACD) is currently at 1010, which indicates that the bullish momentum is strong, but it could turn into a bearish one if the trend reverses.
On the technical side, the 4-hour timeframe Fibonacci retracement levels suggest that Bitcoin's support levels are at 0.5 Fibonacci level of $22967 and 1 Fibonacci level of $19549, and resistance levels are at 0 Fibonacci level of $26386 and upper Bollinger band of $26813. The lower Bollinger band of $19820 is acting as strong support. The middle Bollinger band of $23317 indicates the average price level.
Bitcoin is facing a sharp correction in its price. The Paxful founder called the recent pump to $26000 as weak, indicating that it could be a bubble. On the other hand, a South Korean trader lost almost $1 million by shorting Bitcoin.
Based on the technical analysis, it seems that the current price of Bitcoin is likely to experience some resistance at the 0 Fibonacci level of $26386 and the upper Bollinger band of $26813. It may also find some support at the 0.5 Fibonacci level of $22967 and the lower Bollinger band of $19820. The sharp correction could have contributed to the lower trading volume indicated by the volume oscillator. The Paxful founder's statement may have added to the bearish sentiment, but the strong bullish momentum indicated by the MACD and Stochastic oscillators suggests that the current price drop may not last for long.
Regarding opening long or short positions, it depends on an individual's trading strategy and risk tolerance. However, here are some possible scenarios:
Long position: If the price bounces off the strong support levels and starts to move upwards, it could be a good spot to open a long position. Additionally, if the price breaks above the strong resistance levels with strong momentum, it could also be an opportunity to open a long position.
Short position: If the price breaks below the strong support levels with strong momentum, it could be a good spot to open a short position. Additionally, if the price reaches strong resistance levels and shows signs of rejection or reversal, it could also be an opportunity to open a short position.
It's essential to keep in mind that any trading decision should be made with proper risk management techniques in place, such as setting stop-loss orders and taking profits at predetermined levels. Additionally, traders should keep an eye on any relevant news or events that could impact the price of Bitcoin.
we are long on us market above 32000we are long on us market above 32000 need to hold for 30 min then possible big upside move
our target 32900 may possible today or max tomorrow
maintain stoploss near 31750
IYR, or the iShares U.S. Real Estate ETF (Bullish)IYR, or the iShares U.S. Real Estate ETF, is an investment fund that seeks to track the performance of the Dow Jones U.S. Real Estate Index. The fund is designed to provide exposure to the real estate sector in the United States by investing in companies that own and manage real estate, such as real estate investment trusts (REITs) and other real estate companies.
IYR was launched on June 12, 2000, and is managed by BlackRock Fund Advisors. It is traded on the NYSE Arca exchange under the ticker symbol IYR.
Investment Objective and Strategy:
The investment objective of IYR is to seek investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Real Estate Index. The index is comprised of companies that are primarily engaged in the ownership, development, and management of real estate located in the United States.
IYR seeks to achieve its investment objective by investing at least 90% of its assets in the securities included in the Dow Jones U.S. Real Estate Index. The fund may also invest in futures contracts, options on futures contracts, and other derivatives, as well as in cash and cash equivalents.
Index Composition and Rebalancing:
The Dow Jones U.S. Real Estate Index consists of companies that are classified as real estate companies according to the Global Industry Classification Standard (GICS). The index is weighted based on market capitalization, with larger companies representing a higher percentage of the index.
The index is reviewed annually in September, with any changes taking effect at the end of that month. The index is also rebalanced quarterly to ensure that it continues to accurately represent the real estate sector.
Fees and Expenses:
IYR charges an expense ratio of 0.41%, which is relatively low compared to other real estate ETFs. This means that investors will pay $4.10 in fees for every $1,000 invested in the fund.
Risks and Considerations:
As with any investment, there are risks associated with investing in IYR. These risks include market risk, interest rate risk, and liquidity risk. Additionally, because IYR is a passively managed fund, it may not perform as well as actively managed funds that have the ability to make investment decisions based on market conditions and other factors.
Investors should carefully consider these risks before investing in IYR, and should consult with a financial advisor if they have any questions or concerns.
Conclusion:
IYR is an investment fund that seeks to provide exposure to the real estate sector in the United States. It invests in companies that own and manage real estate, and seeks to track the performance of the Dow Jones U.S. Real Estate Index. Investors should carefully consider the risks and expenses associated with IYR before investing, and should consult with a financial advisor if they have any questions or concerns.
USDJPY$USDJPY It's been a crazy time in the world and in the markets.
UJ has dropped and now it's heading back to the upside.
I'm looking for price to reach 133.594 for starters before continuing on up.
Everyone have a safe and prosperous trading week.
Disclaimer: This is not trade advice. Trading foreign currencies, stocks, indices, etc can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the financial markets, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose!!!
Good luck and Happy trading!
WHATS NEXT FOR CARDANO?Hello traders! Today we are going to take a look at ADA's movement these past few days.
As i mentioned in my last post: It is consolidating at the 0,3280 area and is looking to make a bottom, if it breaks down to 0,3200 I would look for a short position hitting the final demand zone at 0,3050.
On the 4 hour and also the 1 hour time frame we can see that ADA has made a solid descending channel and is aiming downwards towards the last demand zone at the 0,30-0,3050 and potentially heading towards a more and more likely target at 0,27. If the last demand zone is met we can then begin fill our long positions with a potential 30-40% upside (longterm). All take profits is specified.
On the smaller timeframes like the 15-5min i would start to look at a short position towards the last demand zone (swingtrade). Don't forget to fill up your long positions, this is a huge discount.
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Let me know what you guys think! Let me know in the comments!
-The Stallion
REMEMBER TO ALWAYS TRADE AT YOUR OWN RISK AND I AM NO FINANCIAL ADVISOR.