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Moving Averages

Novo Nordisk | NVO | Long at $86.74The Good: NYSE:NVO expects its GLP-1 drugs Wegovy and Ozempic to soon come off the Food and Drug Administration's official shortage list. Just reported better-than-expected net profit in Q4 2024, amid soaring demand for its obesity drugs. Revenues for the Q4 2024 came in at $11.6 billion, up 30% compared to the same quarter in 2023. From a technical analysis perspective, hovering near my historical simple moving average which may lead to a near-term price increase due to positive earnings The Bad: Slower growth in 2025 (16%-24% for 2025 vs 18%-26% in 2024). Chart has been on a major run since 2020 and may be due for further correction. Personally, the positives outweigh the negatives given the obesity drug demand. Thus, at $86.74, NYSE:NVO is in a personal buy zone. Targets: $96.00 $105.00
NYSE:NVOLong
by WorthlessViews
FMC Corp | FMC | Long at $58.00NYSE:FMC Corp is currently trading at a P/E ratio 6x and has a 3.98% dividend. It had a very rough year in 2023, but the company estimates improved earnings and growth after 2024. From a technical analysis perspective, it appears to be in an accumulation phase after seeing a low around $50 and wavering between that value and $68 for 11 months. Unless fundamentals change post earnings, it is currently in a personal buy zone at $58.00. Target #1 - $81.00 Target #2 - $85.00 Target #3 - $90.00 Target #4 - $122.00 (very long-term...)
NYSE:FMCLong
by WorthlessViews
Boeing May Be Attempting a TurnaroundBoeing has struggled for years, but now there may be signs of a turnaround in the aerospace giant. The first pattern on today’s chart is the series of lower highs between December 2023 and early December 2024. The stock has now pushed above that falling trendline, which may suggest its direction is turning. Next, the 50-day simple moving average (SMA) just formed a “Golden Cross” above the 200-day SMA. That may also indicate a change of direction. Third is the rally between November 22 and late December. BA retraced half the move before bouncing, which may confirm an upward trajectory. Fourth is the weekly close of $179.99 from mid-August. The shares have been stuck at that level since December. That may make traders view a close above it as a potential breakout signal. Recent price action has gotten more interesting as well. Last week saw an outside candle around earnings, and now an inside week is forming. While these signals are inconclusive, they’re all potentially consistent with a reversal. Could more news of a business revival bring long-term money off the sidelines? Finally, BA is an active underlier in the options market. (Its average volume of 127,000 contracts per day ranks in the top 5 percent of the S&P 500, according to TradeStation data.) That may help traders take position if the shares start moving. 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. Options trading is not suitable for all investors. Your TradeStation Securities’ account application to trade options will be considered and approved or disapproved based on all relevant factors, including your trading experience. See www.TradeStation.com . Visit www.TradeStation.com for full details on the costs and fees associated with options. Margin trading involves risks, and it is important that you fully understand those risks before trading on margin. The Margin Disclosure Statement outlines many of those risks, including that you can lose more funds than you deposit in your margin account; your brokerage firm can force the sale of securities in your account; your brokerage firm can sell your securities without contacting you; and you are not entitled to an extension of time on a margin call. Review the Margin Disclosure Statement at www.TradeStation.com . 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.
NYSE:BA
by TradeStation
2
EUR/AUD: Testing Uptrend Support After December High RejectionEUR/AUD has pulled back after failing to clear the December highs, bringing it within touching distance of uptrend support. With the 50-day moving average just below, it provides a bullish setup. Longs could be initiated above the uptrend with a stop below the 50DMA for protection. It would be preferable to see the price test and hold the uptrend before initiating the trade. 1.6800 screens as a potential target. Good luck. DS
Long
by FOREXcom
Golden Zone and Moving AveragesGreetings, thank you for your time. This is a 2 Week Chart and the candle is still forming. It's a blessing we see these observations. The Altcoins( excluding the top 10) is currently residing above the 50 EMA(in blue), if we look back on the chart the 50 EMA acted as a key level in the past. The price is also currently above 200 EMA (in orange)which means it is technically in and up trend. The price is also currently residing in the golden zone of the Fibonacci level. There is a possibility that price may form an upward parallel channel. Please be mindful and wait for candle completion. Watch how the candle reacts to the Moving Averages and be careful of consolidation and if possible look for other confluences before you make a move and please double check and be careful.
CRYPTOCAP:OTHERS
by paper_Trader1775
AUMAS - Positive corelation with GOLD price movement ?AUMAS - Current price : RM0.890 AUMAS is bullish as the share price is above 50-day EMA. Note that the price breakout ICHIMOKU CLOUD on 31 JANUARY 2025 with high trading volume. Gold future price surge to new high due to uncertainty and weak global sentiment. AUMAS is engages in gold mining business in Malaysia. The share price have a positive corelation with gold price movement. As such, i expect the share price may move higher in the upcoming session. ENTRY PRICE : RM0.890 TARGET : RM0.980 (+10%) STOP LOSS : RM0.820 (-7%) Notes : The company was formerly known as Bahvest Resources Berhad and changed its name to AuMas Resources Berhad in December 2024. AuMas Resources Berhad was incorporated in 2004 and is headquartered in Tawau, Malaysia.
MYX:AUMASLong
by IMRAN_96
Estee Lauder | EL | Long at $63.00On November 13th, 2024, the Director of Estee Lauder NYSE:EL purchased $10,000,000+ worth of shares. From a technical analysis perspective, this makes sense as it almost double entered my "crash" simple move average lines (indicated in gray). On the rare occasion the price double dips these areas, odds are typically in my favor a rally may be ahead (obviously, without unforeseen bad news from the company). While it still may dip into the "crash" simple moving average lines ( GETTEX:50S ), I believe the "Santa Claus" rally is around the corner and we may be close to a near-term bottom for $NYSE:EL. However, this is a very risky play due to the fundamentals of the company - which currently aren't good. But future prospects from NYSE:EL may change the momentum. Thus, at $63.00, NYSE:EL is in my personal buy zone. Target #1 - $86.00 Target #2 - $100.00 Target #3 - $120.00
NYSE:ELLong
by WorthlessViews
Long on BTC - Bullish SetupI am currently long on Bitcoin (BTC) against Tether (USDT) based on the following analysis: Chart Analysis: The chart shows a recent downtrend but BTC is currently trading at $99,665.0 with a slight decrease of -1.61%. However, there are signs of potential reversal: The price has bounced off the support level around $98,513.1, which is a positive sign. The RSI (Relative Strength Index) is at 55.84, indicating that BTC is neither overbought nor oversold, providing room for upward movement. Volume has increased recently, suggesting growing interest and potential for a bullish move. Key Levels: Resistance: The next significant resistance levels are at $100,223.6 and $102,512.4. Breaking above these could confirm a stronger bullish trend. Support: Immediate support is at $98,513.1, with further support at $97,000. Strategy: My strategy is to hold long positions, anticipating a breakout above the resistance levels. I am watching for a close above $100,223.6 to confirm my bullish thesis. Risk Management: Stop loss is set below the recent low at approximately $97,000 to manage risk. Keep an eye on this setup, and let's see if BTC can push through the resistance and continue its upward trend. Feel free to share your thoughts or analysis below!
Long
by erichjan
SNPS Trading Plan: Anticipating a Break Above SMA 150 at 535.73NASDAQ:SNPS Currently, the price of SNPS is 520.70, which is slightly below the 150 SMA (527.81). The suggested entry point is 535.73, positioned above the SMA 150 to confirm a potential upward trend. Entry Strategy: Wait for the price to break above 535.73 to signal confirmation of strength and momentum. Verify that the SMA 150 remains in an upward trend or shows signs of reversing upward. Stop Loss: Set the stop loss at 519.9, just below the SMA 150, to protect against significant downside. Target: Identify potential resistance levels above 535.73 to define profit-taking zones. Alerts: Place an alert on TradingView at 535.73 to get notified when the price breaks the entry point. Note: This plan also aims to identify a potential upward reversal in the trend of the SMA 150, ensuring the stock aligns with a strong bullish movement.
NASDAQ:SNPSLong
by yaronsb
NVDA Trading Plan: Waiting for a Break Above SMA 150 at 130.84Currently, the price of NVDA is 117.81, which is below the 150 SMA (128.9). The suggested entry point is 130.84, which is safely above the SMA 150, indicating a confirmation of upward momentum. Entry Strategy: Wait for the price to break above 130.84. Ensure the SMA 150 continues to trend upward for additional confirmation. Stop Loss: Set the stop loss was at 126.97, below the SMA 150, to minimize risk. Target: Monitor the price action for key resistance levels to determine potential profit targets. Alerts: Set an alert on TradingView at 130.84 to notify you when the price breaks the entry level. NASDAQ:NVDA
NASDAQ:NVDA
by yaronsb
Lowe’s Makes a Lower HighLowe’s has been falling since mid-October, and some traders may see further downside risk. The first pattern on today’s chart is the series of lower highs and lower lows over the last three months. If the resulting descending channel remains in effect, it could point to potential move below the January 8 low of $242.96. Next, the 50-day simple moving average (SMA) recently turned negative and crossed below the 100-day SMA. Prices are now stalling at both. That may suggest its longer-term is weakening. LOW also ended last week below its 8-day exponential moving average. That may suggest its short-term is weakening. Next, stochastics are dipping from an overbought condition. Finally, President Trump’s tariffs on Mexico and Canada may impact the home-improvement chain. 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.
NYSE:LOW
by TradeStation
EURUSD Hits Support Zone—Is a Bullish Reversal Coming!!!As I expected , the EURUSD ( FX:EURUSD ) fell to the target I set yesterday. EURUSD is moving near Support zone($1.039-$1.033) and 100_SMA(4-hour) . According to the theory of Elliott waves , it seems that the EURUSD has succeeded in completing the corrective Zigzag(ABC/5-3-5) , and we should wait for the EURUSD to rise again. One of the signs of completion can be a Bullish Engulfing Candlestick Pattern with a suitable volume . I expect EURUSD to rise to Resistance zone($1.0534-$1.0448) after breaking the Resistance lines . Note: If EURUSD goes below $1.0333, we can expect more dumps . Please respect each other's ideas and express them politely if you agree or disagree. Euro/U.S.Dollar Analyze (EURUSD), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
15