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Marketleader

Credit Access at Strong SupportThe Strongest stock in one of India's fastest growing sectors has fallen to very strong support. The fundamentals of the sector were hurt due to lengthy high interest rates, which are soon to witness the much favorable downturn. Company fundamentals are still intact though and it is the leader in small finance industry. This idea is to spread awareness and should not be considered as basis of any financial commitment. DO YOUR OWN RESEARCH BEFORE TRADING/INVESTING.
NSE:CREDITACCLong
by Gaurav_Singh_5705
Double Inside CELH BreakoutCelsius Holdings, the market-leading energy drink company, looks poised to emerge from a double inside day setup. The stock traded inside Tuesday's range on Wednesday and Friday and remains inside this tight area. A breakout above 55.25 would be the trigger to buy with a low-risk stop loss at 52.10 (5.6% risk). This breakout would coincide with a move through CELH's 50-day moving average (red line on chart)/ The dashed line on the chart shows additional support near the $51 level if traders wish to give the trade a little more room. This was resistance for most of the Summer and then aced as support during the pullback in October.
NASDAQ:CELHLong
by rossgivens
EDUCATIONAL: F 200%+ move in 82-84I want to start periodically sharing my retrospective analysis of market leaders, that made triple digits gains during bull markets in different time-periods. The purpose of this analysis is to find commonalities in price patterns and behaviour among the best-performing stocks, that repeat themselves in each and every up-cycle throughout market history. That will help new stock market participants to better exploit new emerging opportunities. As my stock market history teacher - John Boik - use to say it: "Study the past, so you can profit in the future". Retrospective analysis of Ford ( NYSE:F ) during 1982-194: 0. Great Relative strength. When SPX (see the upper chart) makes lower lows, FORD is making higher highs on noticeable pick-up in average daily volume. Also notice who price creates a flat-base and latter breaks out (BO) from it with volume surging above average; 1. First BUY could be made here with very tight 3% stop, a bit or right after W. O'Neil's «shake-out + 10%» rule (buy if price shakes you out and quickly reverse and runs higher by 10%) after the double bottom pattern in the bottom of the base. 2. Because of the bear market nature of the general index, quick 12-15% gain could be used to trim 1/2 or 2/3 of the position to guaranty profits, and selling the rest for break-even during the following re-test of break-out area; 3. Could be bought again during the BO of perfect VCP with tight 2.5% stop, and... 4. ...sold for the quick 5-7x return-to-risk gain. 5. When the index makes its final lower-low, F's price rebases, making a higher-low, and quickly runs higher and breaks out in Aug82 along with the SnP500. F could be bought and shaked out during initial BO attempt, and then re-bought after price follows through in two days with volume support. Notice how price pattern rhythms with prior Dec81-Mar82 base. 6. This big red reversal bar with substantial volume pick-up could be used to book another 15-17% gain with only initial 3-4% stop. 7. It is already clear that F is the new market leader of this new up-trend and it makes sense to track how the price acts if it corrects to 50MA (Red line) that coincides with re-tests of prior BO point. If to zoom in into the volume dynamics of this basing actions around 50D MA, accumulation (surge in volume with closes in in upper part of the bar dominate volume on corrective bars) becomes very evident. 8. New BUY coming from this low cheat BO with massive volume support. Because the average cost was so low, one may want to move stop to break-even or tracing 50D MA. 9. Price closed in the upper third of the day - good supportive actions on the 50D MA. If stopped-out, shares could be re-bought by the end of the day or on next day BO with tight stop and low of the day. 10. Shares could be sold into this kind of climactic run above the 7 month channel line + the general market barely moves to old highs indicating relative divergence and lack of overall momentum in the market. 11. Good tight area. Could have been bought at BO and sold at BE after the BO proved to be fake one. 12. New BUY under shake-out + 10% rule with stop bellow 50D MA after it crosses the buy price. Massive volume advance on BO day acts as confirmation of large institutional interest in the stock (notice how these green volume sky-scrapers bars tend to dominate the red selling bars latter-on until the up-trend changes). Notice again how the price shows the same character shake-out pattern it made during Dec81-Mar82 and May-Aug82. As Nicolas Darvas observed that "stocks have characters just like people". 13. Perfect selling area: price moves above the channel line in negative divergence to the market (index is not making higher-highs). 14. Same type of character behaviour with shake-out and Mark Minervine's «slingshot» move on volume support, where «shake-out +10%» buy rule could be used to establish the position with tight stop bellow the short-term 8/21emas. 15. Sell 3/4 of position or all in this first evident distribution bar + the market seems tired and is loosing momentum. Very noticeable distribution bars starting to appear - some heavy selling and not much buying. Important sign of character change. 16. This low volume pattern during this up-move shows that late retail buyers are stepping in with no institutional support. That is the hint that price advance is prone to failure. 17. Definite selling signal. Price dives bellow 50MA with substantial distribution started dominating the volume pattern.
NYSE:FEducation
by artemfedorov
Sell NVDA NowNVDA stock has topped. The run is over. And institutions are using Wednesday's earnings beat as a final chance to sell their shares while they can. Over the last 4-6 weeks we have witnessed many of these leading names roll over and retrace beneath their 50-day moving average – a key level that generally supports top stocks through the move higher. Despite the recent pullback in the market, Nvidia has held at its highs. Wednesday after the close, Nvidia reported earnings. And the results were better than anyone could have expected... Earnings $2.70 per share versus estimates of $2.08. Sales were $13.5 billion – 20% above expectations. And the company raised forward guidance (how much they expect to bring in next quarter) from $12 billion to $16 billion. They also announced a $25 billion share buyback which should act to propel the stock price even further. Investors got everything they wanted and then some. NVDA stock shot up 10% after hours. The news was so good, the entire Nasdaq index shot up 1% on the news. But Thursday, in the first few hours of trading, all of those gains were gone. The Nasdaq opened higher, and immediately began selling off. It fell 3% during the session. And NVDA was back where it closed the day before. This, to me, is a clear signal that the 2023 rally in tech stocks is over. The high was likely made on July 19th, and I doubt we see that level again this year. The 2023 high is in - both for the Nasdaq and Nvidia stock. Institutional sellers are very clearly selling into the good earnings news and using the demand as a chance to exit their multi-billion-dollar positions. Do not make the mistake of buying here. The party is over.
NASDAQ:NVDAShort
by rossgivens
1
Breakout Buy in DTDynatrace is a software company developing intelligent platforms that allow customers to modernize and automate IT operations. Their secret sauce? You guessed it… artificial intelligence. Now only has the pullback been shallow (only 6% from its highs), it also took place on decreasing volume. I like to see leading stocks making shallow retracements on light volume. This is my clue that the big players are not selling, and the stock has a good chance of pushing higher. DT is breaking through its $52 pivot point as I type this, making it an actionable trade. DISCLOSURE: I just bought DT here with a stop loss at 49.80 to risk just under 5% on the trade.
NYSE:DTLong
by rossgivens
NVDA - Nvidia CorporationNVDA is my first buy in close to a month after being stopped out of everything at the beginning of the month. I bought a quarter position in the morning, followed by another quarter later in the day, bringing me to a half sized position at an average price of $238.86. Not in any hurry to add size until I get some traction with the shares I have. The green light to begin buying came on Friday's close, which was a follow-through day on the SPY & QQQ after Monday's day one bottom. Today the indexes continued to follow through, which gave me the confidence to add the second quarter to my position.
NASDAQ:NVDALong
by apaqu
1
💡How To Use Market Leaders to Spot a Potential Bottom❗️Lets take a break from stuffing our bags with money and look quick at an example of spotting the market bottom using what's called a market leader, a very simple technique that can be very effective for both shorter and longer term trades. In general the market right now is very alt focused, we can tell that by looking at how low bitcoin dominance is, and how the alt cap is climbing both with btc and with the general market cap. When we're dealing with an alt focused market there's generally going to be a hot ticket item, little while back it was ETH, now it's DOGE again as it's the media darling and Elon is on SNL soon to decide the fate of every leveraged DOGE trader in one monologue. We call this asset the "Market Leader", because it leads the market. Complex, I know. We can identify these assets by their movements during catalyzing BTC movements, generally corrections down are the easiest to see - which is what we have an example of here. Also fundamental analysis of the news can give us a good idea of what may or may not be a market leader. When we see a correction down, and all of a sudden a coin starts moving contrary to the correction at a level that could very well be the bounce point on our BTC and index charts; we know it's either a Pump and Dump if it's a shitcoin or that coin is probably the market leader for either the short term or potentially longer term. In this case we see our lord DOGE, which now has a stupidly high market cap because people are inherently greedy apes, basically hit it's higher low and start rebounding almost exactly 1-hour before BTC started reacting. The rest of the market of course followed and now we see there's a massive bounce and everyone's getting paid copious amount of money today. Fantastic. OBVIOUSLY this is extremely potent information to have, as knowing when the market has reached it's general bottom means we can either close shorts, open longs, or both if you're one of the energetic variety. So keep an eye out for this behavior on the markets in general - it's not always there but when it is, like ETH last week, it can lead you straight to the bank$$$
Education
by cryptosince1963
1