$SPY December 23,2024AMEX:SPY December 23,2024
15 Minutes
The gap down at open managed to retrace 61.8% of the fall 605.67 to 580.91
For me trend is down as below all moving averages.
For the rise 580.91 to 595.75 it is important to hold 587-588 levels today.
Base is under formation after the big fall.
I have no trade today.
Moving Averages
DIMOUSD 12/6/2024DIMOUSD Daily Chart Analysis
Market Context:
With BTC continuing its bullish momentum and reaching new all-time highs, the altcoin market is presenting strong setups, and DIMOUSD is no exception.
Price History:
- Q1 2024: DIMOUSD reached a significant top.
- March to July 2024: Entered a sharp downtrend, leading to a steep decline in price.
- July 2024 Onward: Price found a bottom and moved sideways, signaling a potential accumulation phase.
Recent Price Action:
- End of November 2024:
- A massive spike in volume and expansion in momentum was observed.
- The MACD crossed above its signal, confirming a bullish shift.
- Price briefly broke above resistance but fell back below it, resulting in a false breakout.
- The price decline from the false breakout was caught and supported by the 10 EMA, which is now holding as strong support at the resistance level.
Momentum Indicators:
- The MACD remains in bullish territory and is expanding upward, suggesting continued strength.
- The 10 EMA acting as a support level at resistance highlights the likelihood of a potential breakout.
Bullish Outlook:
- The confluence of BTC’s market strength, increased volume, MACD expansion, and price support at the 10 EMA sets the stage for a potentially explosive upside move.
Trade Setup (Long)
- Entry: 0.23880
- Stop Loss: 0.20060 (-16.00%)
- Target: 0.59126 (+147.60%, 9.23 RR ratio)
This trade takes advantage of the strong technical indicators and bullish macro sentiment, aiming to capture a high-risk, high-reward opportunity in DIMOUSD
52 Week High Breakout - Positional Trade - Long TermDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
52 Week Breakout. Stock has Crossed 52 week High. Keep in watch list. Buy above the high. Suitable for Positional Trade. Stop loss & Target Shown on Chart. Stop loss Trail by 30 SMA. Exit if Price Close below 30 SMA on Weekly Chart.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think.
ETH long but not for longIf you look at the price action of ETH especially last year arround the same time. ETH tends to make one deeper pinbar that touches the 200 MA before running up.
That second pinbar didn't formed yet and suprise the 200 MA is hovering slight below it at 3000K level.
So what do you think will happen?
Don't get trapped, place your limit at the 3k level
AMZN 6/6/2022AMZN
Jeff Bezos sold at the top and bought a yacht while The Jeff Bozos the clowns will buy the stock split thinking they’re getting a good deal.
That last leg of AMZN Uptrend which respected 50ema, started April ’20 and topped out Sept.’20. It closed below the 50ema that Sept. and price entered a Sideways market
AMZN moved sideways from Sept.’20 thru Jan.’22. During this time, Good ‘ol Jeff Bezos jumped ship Nov.5th ’21 @ 179 and jumped into an enormous yacht. The sly dog knew what was coming and exited at the top.
Jan’22 price broke down from this sideways range and confirmed the range to be a Distribution stage. Price fell from 165 down to 136. During this time, we also had Death Cross between the 50 & 200 ema to further signal the bearish conditions.
Price pulled back from 136 twice to previous Support looking to turn it into resistance. The market was very nice to the “investor”, gave them two chances to exit.
On the second pullback to resistance, we also had an Overbought Stochastic reading. This was our 1st entry to enter trade short. This short entry saw price move from 167 down to 102. This breakdown saw price make a lower low and confirmed the start of the downtrend for AMZN.
From the lower low made at 102, price pulled back to the 50ema which is acting as Dynamic Resistance level. Currently, we also have an Overbought Stochastic reading. This is the second entry to trade short. Downtrend + Pullback to resistance + Overbought Stochastic = Short Trade Entry
Entering trade short.
Entry: 124.79
Stoploss: 139
Target #1: 101.61, 18.56%, 1.63 RR ratio
Target #2: 83.86, 32.79%, 2.87 RR ratio
CVS Health Corp | CVS | Long at $43Not much to write about here except the stock has reentered the "crash" simple moving average area (see green lines). Often, this signals an overall bottom, but it doesn't mean a further dip below $40 isn't possible in the near-term. Personally, I can't ignore this reentry and thus have started a position at $43 (after closing out a previous position in October in the $60's). The company has a lot of headwinds, but if Walgreens NASDAQ:WBA is also in trouble, is NYSE:CVS too big to fail in the short-term?
Target #1 = $53.00
Target #2 = $60.00
Target #3 = $65.00
Target #4 = $68.00
52 Week High Breakout - Positional Trade - Long TermDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
52 Week Breakout. Stock has Crossed 52 week High. Keep in watch list. Buy above the high. Suitable for Positional Trade. Stop loss & Target Shown on Chart. Stop loss Trail by 30 SMA. Exit if Price Close below 30 SMA on Weekly Chart.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think.
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
Testing //@version=5
indicator("Range Filter with Support and Resistance", overlay=true)
// Inputs for Range Filter
length = input(10, title="Range Length")
multiplier = input.float(1.5, title="Multiplier")
// Calculate Range Filter
src = close
basis = ta.sma(src, length)
range = ta.stdev(src, length) * multiplier
upper = basis + range
lower = basis - range
// Trend Detection
trendUp = src > upper ? 1 : na
trendDown = src < lower ? -1 : na
trend = ta.valuewhen(trendUp or trendDown, trendUp ? 1 : -1, 0)
// Support and Resistance Levels
lookback = input(20, title="Lookback Period for Support/Resistance")
support = ta.lowest(low, lookback)
resistance = ta.highest(high, lookback)
// Plotting
plot(upper, color=color.new(color.green, 70), linewidth=1, title="Upper Range")
plot(lower, color=color.new(color.red, 70), linewidth=1, title="Lower Range")
hline(support, "Support", color=color.blue, linestyle=hline.style_dotted, linewidth=2)
hline(resistance, "Resistance", color=color.orange, linestyle=hline.style_dotted, linewidth=2)
// Background Color for Trends
bgcolor(trend == 1 ? color.new(color.green, 90) : trend == -1 ? color.new(color.red, 90) : na)
// Alerts for Breakouts
alertcondition(src > resistance, title="Price Above Resistance", message="Price broke above resistance!")
alertcondition(src < support, title="Price Below Support", message="Price broke below support!")
BTC Selloff Reversal. Uptrend ContinuesBTC selloff after Powell's comments Wednesday took us down to the 50 day MA. A correction I've been anticipating. This occurred multiple times on the way up last cycle. The selloff produced a descending broadening wedge on the way down. This often leads to a reversal and that's what I'm predicting and starting to see unfold. My target is 102.3 but i'll be moving SL up as I go.
SQ a buy in 2025?SQ is coming out of a long phase of base building that has lasted several years and has repeatedly failed at resistance around the 90 dollar mark. The stock is now at precisely this level, which coincides with the AVWAP from the ATH. It is questionable whether the share can hold above this level or fall below it again.
Optimized MACD Study with AlertsThis Pine Script study enhances the classic MACD indicator with additional functionality, making it a powerful tool for traders who want actionable and visually intuitive signals on their charts. It is designed to help traders identify BUY and SELL opportunities with customizable alerts, along with visual labels for better chart interpretation.
Key Features:
Customizable MACD Settings:
Users can adjust the Fast EMA, Slow EMA, and Signal Smoothing parameters to fit their specific trading strategies and preferences.
Take Profit Logic:
The script includes a take profit mechanism that tracks price movement after a BUY signal and highlights when the target is achieved.
Visual labels ("Take Profit Hit") make it easier to track price performance directly on the chart.
Visual Signals:
BUY signals are labeled clearly on the chart when the MACD line crosses above the Signal line.
SELL signals appear either when the take profit is hit or when the MACD line crosses below the Signal line, making it easy to interpret market conditions at a glance.
Dynamic Alerts:
Selectable alerts are included for both BUY and SELL signals, allowing traders to stay informed in real-time without constant monitoring.
Alerts dynamically display the symbol, time, price, and reason for the alert (e.g., BUY Signal or SELL Signal due to Take Profit or MACD Exit).
User-Friendly and Flexible:
This study is versatile and suitable for different asset classes and timeframes, from cryptocurrencies to stocks or forex.
Clear visual annotations and dynamic alert messages make it beginner-friendly yet powerful enough for experienced traders.
How to Use:
Attach the script to your preferred chart and timeframe, adjust the MACD settings as needed, and set up alerts using the "BUY Alert" and "SELL Alert" conditions in the TradingView alert system. The custom alert messages provide key details, such as the symbol, time, and current price, helping traders respond quickly to opportunities.
This script is ideal for those looking to enhance their trading strategy with actionable insights and automated notifications. Whether you're day trading or swing trading, the Optimized MACD Study provides a robust framework for informed decision-making.
$TOTAL Crypto Market Cap Signals End of CorrectionCALLING IT NOW 🚨
THAT WAS THE BOTTOM OF THE DIP 💯
✅ Bounced beautifully off the 50DMA
✅ RSI is fully reset to when the Trump Pump started
✅ Volume has turned bullish to signal trend reversal
✅ The Crypto CRYPTOCAP:TOTAL Market Cap needs to stay above 3.2 - 3.3T
Some clustered days around this region will signal even more strength.
🚀 3.6 - 3.7T reclaims bullish trend.
SANTA CLAUS IS COMING TO TOWN 🎅
NILI.V Possible Trend Reversal & Entry - First AnalysisNILI.V (Surge Battery Metals)
Candlesticks:
This past week NILI.V closed Thursday with a dragonfly doji candle, followed by a bullish engulfing on friday. The last time a dragonfly doji appeared was on September 9th, which marked a trend reversal that resulted in a 90% in price over 45 days.
Technical Indicators:
MACD on the daily is about to crossover indicating a possible shift in momentum from bearish to bullish.
Possible Entry:
looking for a confirmation on the trend reversal on Monday with a candle closing above the downward channel that Nili has been trading in over the past couple weeks. If that happens I will take a long position and be looking for profit taking opportunities at .40, .45, and .50 cent price ranges.
I am new to trading and this is my first analysis. Let me know what you think and if I got anything wrong here, any feedback is appreciated!
Delta Air Lines Has Pulled BackDelta Air Lines has been ripping since the summer, and some traders may see an opportunity in its latest pullback.
The first pattern on today’s chart is the gap on November 6 after Donald Trump was confirmed as next U.S. President. DAL retraced that move to hold its election-day high on Wednesday. Has old resistance become new support?
Second, prices are trying to hold the rising 50-day simple moving average (SMA). That may suggest its intermediate-term trend is pointing higher.
Next, the 50-day SMA had a “golden cross” above the 200-day SMA in October. That may suggest its long-term trend has turned bullish.
Finally, stochastics are rebounding from an oversold condition.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more.
Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.