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U.S. Steel (X) Shares Drop 10% Following Presidential CommentsUnited States Steel Corporation (NYSE: NYSE:X ) shares dropped sharply after remarks from former President Donald Trump. He opposed the company's potential sale to Japan's Nippon Steel. Trump said he admired Japan but opposed the sale of an iconic American steel company. He described U.S. Steel as “a very special company” and tied it to national interests. His statement caused a wave of uncertainty in the market. The stock dropped 15% shortly after the news. During extended trading, it fell as much as 16%. As of 11:41 AM EDT, the stock trades at $42.03, down $3.11 (6.89%), as trading volume hits 19.7 million shares. Investors are concerned about the deal's future. U.S. Steel is central to U.S. economic and industrial discussions. The takeover deal has raised questions about manufacturing and national security. The company is expected to report earnings between April 30 and May 5, 2025. Technical Analysis The 3-day chart shows a long-term uptrend. Price respects an ascending trendline starting at$16 in June 2022. Support lies above the 200-day moving average at $34.44. The 50-day and 100-day moving averages sit at $37.51 and $38.76, respectively. The stock recently broke above $45 but pulled back after Trump's comments. Resistance lies at $50.20 and a breakout above this level could lead to further gains. The 3-day RSI sits at 55.89, suggesting neutral momentum that has room for the price to cover without reading an overbought reading. However, a sharp drop could push it lower. Volume surged on the sell-off, confirming a strong market reaction. Adding to the bullish momentum is a complete head and shoulder pattern that signals potential recovery. The short-term outlook depends on deal clarity and upcoming earnings. However, the trend remains intact above $34, and a move below could signal further downside.
NYSE:XLong
by DEXWireNews
Nickel Commodity Quote Settings | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Nickel Stock Quote - Double Formation * ((Triangle Structure)) | Completed Survey * 012345 Wave Feature & Ongoing Wave (3)) | Subdivision 1 - Triple Formation * (Continuation Argument)) | Short Set Up | Subdivision 2 * (TP1) | Subdivision 3 * Daily Time Frame | Trend Settings Condition - (Hypothesis On Entry Bias)) | Logarithmic Settings - Position On A 1.5RR * Stop Loss At 17.100 USD * Entry At 14.600 USD * Take Profit At 10.900 USD * (Downtrend Argument)) & Pattern Confirmation * Ongoing Entry & (Neutral Area)) Active Sessions On Relevant Range & Elemented Probabilities; European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
PEPPERSTONE:NICKELShort
by TradePolitics
This 3 Step System Say Gold Is A Good BuyWhen you look at this chart you will notice that the price of Gold has crossed down the parabolic SAR. This is a very important thing for you to take note of -- Because this indicator shows you that Gold TVC:GOLD is in a good buy.When you understand this system, you will begin to see buy opportunities. -- This opportunities will work together.When you see this collaboration, it will show you that you are on the right path. -- Another thing you see on this chart are 3 steps: 1-The price is above the 50 EMA 2-The price is above the 200 EMA 3-The price has gapped up on the Parabolic SAR -- That last step is very important for you to remember. Rocket boost this content to learn more ------------------------------------------------------------------- Disclaimer: Trading is risky please learn risk management and profit taking strategies. Also feel free to use a simulation trading account.
TVC:GOLDLong
by lubosi
I'm coloring outside the lines today - Long at 1.64In times of duress (and we can all agree this qualifies, I think), go back to a classic - the 200d MA. Not many stocks these days are trading above their 200d MA. Fewer still are in a business that is a built in hedge for inflation. I think these tariffs will be even more inflationary than they are recessionary and gold itself isn't quite a buy, so it's this small miner I'm trading today. I don't intend to hold it very long, but it's always nice to have a reason besides technicals in your back pocket in a trading environment like this one. There is some support nearby and the 200d MA as well. As an added bonus, low priced stocks tend to generate outsized moves. I don't know about your portfolio, but after today, mine could use an outsized move in the upward direction. 5 down days in a row improves the odds as well. Now for the juicy part. This is a new method I've been working on for the past few months and it has done PRETTY well in all environments, at least relative to buy and hold. It isn't foolproof and if a stock goes straight down it can be a way to amass a handful of garbage (see 10/25 - 12/5 on the chart). Overall, though, it does extremely well, as you can see from the yellow arrows on the chart, representing past trade setups with this stock. 28 trades: 27 wins, 1 open - the most recent one. -Average gain = +6.01% -Average hold period = 10.3 trading days -Average gain/lot/day held = +0.58% (roughly 13x the average long term daily return of the S&P) Depending on the market conditions and what the stock does, I MAY do a FPC close, I may not. I will add as necessary, but hopefully this will be a one and done trade. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
AMEX:ASMLong
by redwingcoach
$DOG broke down major support levels After a double bottom DOG broke down the major support level of $0.002 hitting an ATL of $0.001 DOG is heavily being manipulated by the same wallets on Magic Eden (CEX) that keep selling. RSI shows signs of DOG being heavily oversold. If DOG loses $0.001 we could go all the way down to $0.005 and nobody knows where the bottom is. I will place buy orders between $0.008 and $0.005. Fundamentals on DOG are still strong: - Largest memecoin on Bitcoin - DOG did 8 billion volume in a year without T1 listings - No T1 listings - Project total domination (expansion to multiple blockchains) - Various projects are being build to improve Bitcoin memecoins trading (backed by draper / coinbase ventures) - Bitcoin defi still a very young ecosystem - If we compare DOG to memecoins on SOL and ETH, it should be valued at least between 1 and 3 billion market cap. Macroeconomics look bad for the short term so it offers a lot of opportunity to wait in stables and accumulate DOG for a bargain.
Short
by Bitcoin_Emir
Nio Limited Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Nio Limited Stock Quote - Double Formation * (EMA Settings)) | Completed Survey * (Reversal Argument)) At 8.00 USD | Subdivision 1 - Triple Formation * ABC Wave Feature | Short Set Up | Subdivision 2 * (TP1) | Subdivision 3 * Daily Time Frame | Trend Settings Condition - (Hypothesis On Entry Bias)) | Logarithmic Settings - Position On A 1.5RR * Stop Loss At 3.50 USD * Entry At 3.00 USD * Take Profit At 2.50 USD * (Downtrend Argument)) & No Pattern Confirmation * Ongoing Entry & (Neutral Area)) Active Sessions On Relevant Range & Elemented Probabilities; European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
PEPPERSTONE:NIOShort
by TradePolitics
Is DOGE About to Crash Hard From This Trap Zone? Read Before LONYello Paradisers — could this be the perfect bull trap setting up before a bigger drop? Our previous analyses warned about these kinds of setups, and once again, DOGEUSDT is flashing multiple signals that suggest a high-probability reversal could be just around the corner. 💎Currently, DOGEUSDT is trading right inside the golden Fibonacci retracement zone, a level that often acts as a powerful area of rejection. What makes this zone even more significant is the confluence of additional bearish indicators aligning at the same point. Both the 100 and 200 EMAs are present, reinforcing dynamic resistance, and there are clear Fair Value Gaps (FVGs) visible on both the 4H and Daily timeframes. On top of that, a bearish divergence has now formed, signaling early exhaustion in bullish momentum and further reinforcing the potential for a downside move. 💎When these elements align, the probability of a rejection increases substantially. However, we’re not jumping in blindly. If DOGEUSDT starts to bounce from here and shows weakness—such as stalling below resistance—then we’ll be closely watching for confirmation patterns like a double top or a head and shoulders. These would not only validate the bearish narrative but also offer significantly better risk-to-reward ratios for short setups. 💎That said, every setup has its invalidation. If price breaks and closes candle above our invalidation level, then the entire bearish scenario must be considered void. In that case, the best approach would be to stand aside and wait for a cleaner structure to form before taking any action. There’s no reason to force a position in uncertain conditions. If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities. MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise
9
Gold is Bullish, Target 3030-3060At the market open today, we signaled a buy opportunity near the 2980 level for gold. Since then, the price has surged over $30, and those who followed the strategy have already secured solid profits. Gold is now approaching a short-term resistance, so a minor pullback may occur. However, the overall uptrend for the day remains intact, and our strategy continues to favor buying on dips. Based on the current chart pattern, there's potential for the price to rise toward the 3030–3060 zone later today. Stay alert for retracement opportunities, manage your position size wisely, and trade with discipline. If you missed this entry, don’t worry — the next opportunity is just around the corner!
FOREXCOM:XAUUSDLong
by Trading_King_Arthur
Iluka Resources Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Iluka Resources Stock Quote - Double Formation * EMA Settings | Completed Survey * 012345 Wave Feature | Subdivision 1 - Triple Formation * 0.5 Area Retracement | Subdivision 2 * (TP1) + Wave (5)) | Subdivision 3 * Daily Time Frame | Trend Settings Condition - (Hypothesis On Entry Bias)) | Indexed To 100 - Position On A 1.5RR * Stop Loss At 53.00 AUD * Entry At 48.00 AUD * Take Profit At 35.00 AUD * (Downtrend Argument)) & No Pattern Confirmation * Ongoing Entry & (Neutral Area)) Active Sessions On Relevant Range & Elemented Probabilities; European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
PEPPERSTONE:ILU.AUShort
by TradePolitics
Chewy Inc Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Chewy Inc Stock Quote - Double Formation * (Cup & Handle Structure)) | Completed Survey * Wave (4)) Ongoing Entry | Subdivision 1 - Triple Formation * 0.786 Area Retracement | Subdivision 2 * (TP1) | Subdivision 3 * Daily Time Frame | Trend Settings Condition - (Hypothesis On Entry Bias)) | Indexed To 100 - Position On A 1.5RR * Stop Loss At 148.00 USD * Entry At 135.00 USD * Take Profit At 116.00 USD * (Uptrend Argument)) & Pattern Confirmation * Ongoing Entry & (Neutral Area)) Active Sessions On Relevant Range & Elemented Probabilities; European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Neutral
PEPPERSTONE:CHWY
by TradePolitics
Hang Seng Bull Market ImplodesHong Kong’s Hang Seng is imploding with the price cascading lower after breaking support at 22,570 earlier today. The subsequent unwind saw 21,728 and 21,377 melt like a hot knife through butter before the price eventually bounced at 20,535 — another minor level that acted as both support and resistance earlier this year. That makes it an initial level of interest for those contemplating setups involving Hang Seng futures. A clean break of 20,535 would put a retest of minor levels such as 19,718 and 19,430 on the table. The 200-day moving average is also found at 19,891, although one glance at how price has interacted with it previously suggests it may be entirely ignored in this environment. Beyond that, the uptrend dating back to the early 2024 low is another level to watch, although it hasn’t been tested enough to declare it meaningful downside support. It’s located around 18,550 today, just beneath the January 2025 swing low of 18,694. While they provided no support earlier today, 21,377 and 21,728 may still be of interest if bears choose to set up shop above either. Watch the price interaction at these levels if the Hang Seng gets back there. Momentum signals remain firmly with the bears, with MACD and RSI (14) both negative and trending strongly lower. While RSI is now oversold, it was also extremely overbought earlier this year — and that didn’t stop further gains at the time. The same could easily apply on the downside. The overall momentum signal favours selling rips and downside breaks near term. Good luck! DS
HKEX:HSI1!
by FOREXcom