Get started

Newhighs

New Technologies Can Push Stocks to New HighsNYSE:CAT easily moved above the resistance highs from March and out of its sideways trading range, making new highs. The white candle on lower volume was interesting: intraday showed pro traders in control toward the end of the day as retail traders and smaller funds started selling prematurely. A resting pattern would be a lower-risk entry to prepare for the breakout. Caterpillar, Inc. has new technologies coming to market. The company unveiled its new technologies for mining on Sept 24, 2024. It reports earnings on October 29th. If you are trading or holding this stock, check support levels but be patient.
NYSE:CAT
by MarthaStokesCMT-TechniTrader
Gold Price Hover NearRecord Highs Ahead of Key Labor Market Data the price of gold is expected to continue its soft uptrend. According to recent analyses, gold is currently in a rising channel pattern, indicating a potential for further gains if it maintains its upward momentum. This soft uptrend is supported by factors such as geopolitical tensions and rising real inflation, which are considered favorable for gold as a safe-haven asset. The predictions suggest that gold might experience a slight increase, moving within a range of $2,491 to $2,643 per ounce throughout the day
OANDA:XAUUSDLong
by BELLATRIXFX
Could we have bottomed early?Local maximums don't tend to follow the pattern of respecting overextensions like minimums do. This is mostly based on the positive bias people have of the future. Seeing a close this strong is a strong enough sign for the indicator of short term trend to become positive. If this is true then we should start pushing to new high, but if the market does so it risk overextending again but with the coming elections one could expect for the incumbent party to try to inflate stocks to have strong image heading into the polls. But by doing so it creates a high risk of over estimulation which could result in a time of euphoria followed by a crash. It's been 4 years since the 2020 crisis. The mode for recessions is every 3 to 4 years. If technicals begin to overextended and fundamentals to keep up, we might be headed to a new crisis. Technicals need to reset before going forward.
CME_MINI:ES1!Long
by DarkMessiah777
AMD's Meteoric Rise: Pioneering AI RevolutionAdvanced Micro Devices Inc. ( NASDAQ:AMD ) continues its meteoric ascent, with shares surging to new record highs, propelled by the chipmaker's pivotal role in the artificial intelligence (AI) revolution. As NASDAQ:AMD 's market capitalization surpasses the $300 billion mark for the first time, investors are bullish on the company's prospects in the burgeoning AI market and its ability to outperform competitors. The chipmaker's stellar performance in recent months reflects its status as a primary beneficiary of the AI boom, with demand for AI processors driving significant revenue growth and market expansion. Optimism surrounding NASDAQ:AMD 's new AI processors has fueled investor confidence, leading to a remarkable recovery from earlier setbacks and a surge in stock valuation. Analysts at Citigroup Inc. underscore the bullish sentiment surrounding semiconductor stocks, particularly in light of the expanding AI market. NASDAQ:AMD stands out as a favored pick alongside industry giants like Nvidia Corp. and Broadcom Inc., highlighting its pivotal role in driving innovation and delivering cutting-edge solutions to meet evolving market demands. However, despite NASDAQ:AMD 's impressive growth trajectory, concerns linger about its valuation, with shares trading at a premium compared to industry leader Nvidia. While the stock commands a higher multiple of nearly 50 times estimated earnings, analysts remain broadly positive, with the majority recommending buying NASDAQ:AMD shares. With the semiconductor industry poised for continued growth and innovation, AMD's leadership in AI-driven technologies positions it for sustained success and market dominance. As businesses and organizations across various sectors increasingly adopt AI solutions, the demand for high-performance chips is expected to soar, further fueling NASDAQ:AMD 's growth trajectory. While NASDAQ:AMD 's stock may appear richly valued relative to its peers, the company's strong fundamentals, technological innovation, and strategic positioning justify investor optimism. With shares trading just below the average price target, there remains potential for additional upside, signaling continued momentum and growth prospects in the foreseeable future. In conclusion, NASDAQ:AMD 's remarkable journey to new record highs underscores its leadership in the semiconductor industry and its pivotal role in driving the AI revolution. As the company continues to innovate and capitalize on emerging market trends, investors can expect NASDAQ:AMD to remain at the forefront of technological advancement and deliver long-term value creation in the dynamic semiconductor landscape.
NASDAQ:AMDLong
by DEXWireNews
Nifty - Reflection of India's Sanity - Ready for New HighsFeb 12 to 16 - Another wonderful and Powerful week for the Indian Market where our market deceived the Global markets and Stood Strong and Tall while Global Markets were Bleeding. It was very evident that Nifty and its cousins (Smallcap, Midcap, Energy, Auto, Pharma....) are super strong and are heading for newer highs Here is the Technical View for the Week of 19th Feb: Gift Nifty: Started the week with a Gap Up & Green Candle. The Last of the last Resistance before making new highs is 22,205. once broken Gift Nifty will Trade above the Earth's Atmosphere :) Nifty 50: Nifty following a similar structure is all set to break out of its last resistance at 22,125 to head towards uncharted Territory Given the upcoming Elections, the Ruling Party can't afford to lose their image with a crash in the market. Over the past 3 Quarters, the Indian Retail community have grown so strong that FII selling is no longer a major issue. Despite continuous Daily Net Selling by FIIs since Aug 2023, Indian Market marched forward like a Battalion of Determined Soldiers to make newer Highs. We are slowly becoming Immune to FIIs selling, but FII buying will actually be complimentary to our market to take us to new highs. This the sign of Indian Becoming Truly Atmanirbhar.... Disclaimer: Stocks-n-Trends is NOT registered with SEBI. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide" and consult your Financial Advisors before taking any positions. If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments -Team Stocks-n-Trends
NSE:NIFTYLong
by Stocks-n-Trends
Stocks at New All-Time Highs Ahead of Earnings: CATThis Dow component attempted a new all-time high and failed. However, it has ample support from the prior sideways trend after the previous all-time high. NYSE:CAT has been over-speculated as it moved out of its bottom low. The company reports end of January. Watching to see how the stock performs in the next week or so should indicate whether it will be stuck range bound for another couple of quarters or if it will have the fundamentals to support a new high. For now, it has more of the appearance of a range bound sideways pattern developing. Caterpillar Inc. did well during the years of huge real estate and city development in China. Unfortunately, the great industrial revolution of China is long gone, their population in decline due to fewer births and more deaths reducing their billions. Their consumer-based economy has slammed into Market Saturation as their population continues to age at a faster pace than any nation on earth. CAT needs to find another source for its machinery.
NYSE:CAT
by MarthaStokesCMT-TechniTrader
United States Steel Corporation (NYSE: X) Hits Fresh HighUnited States Steel (NYSE: X) Shares have been on the move with the stock up 5.9% over the past month. The stock hit a new 52-week high of $36.64 in the previous session. United States Steel has gained 45.8% since the start of the year compared to the 7% move for the Zacks Basic Materials sector and the 28% return for the Zacks Steel - Producers industry. What's Driving the Outperformance? The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on October 26, 2023, U.S. Steel reported EPS of $1.4 versus consensus estimate of $1.15. For the current fiscal year, U.S. Steel is expected to post earnings of $4.33 per share on $17.83 billion in revenues. This represents a -56.48% change in EPS on a -15.37% change in revenues. For the next fiscal year, the company is expected to earn $2.88 per share on $16.2 billion in revenues. This represents a year-over-year change of -33.32% and -9.13%, respectively. Price Momentum United States Steel Corporation (NYSE:X) is trading near the top of its 52-week range and above its 200-day simple moving average. Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
NYSE:XLong
by DEXWireNews
EURAUD TO SET NEW HIGHS FOR THE YEAROn this H4 timeframe we can spot that price is on a support zone , and that same support zone is a support zone for the weekly and daily timeframe . Now what are my expectations? We can spot that on the support zone I marked a blue horizontal line, that line indicates the low of November 2022 and the lows of last week, so we can say it's an equal low, and equal lows are liquidity areas and price is expected to clear them out, so price is expected this week to go bearish and clear out the lows and make a new high to 1.60000. PLEASE YOU CAN SUPPORT BY AGREEING TO THIS IDEA IF IT CORRELATES WITH WHAT YOU THINK AND GIVES US A FOLLOW, AND SHARE. THANK YOU. HAVE A GREAT WEEK.
Long
by Superstarsony_05
BRO breakig out and creating new all time highs.* Great earnings * Very strong up trend * High 3-month relative strength in the Financial sector of 6.25 * Breaking out of a 2 month base with higher than average volume * Held up very nicely during the recent market conditions Trade Idea: * Now's a great time to enter as the markets are showing signs of recovery * Still close to the broken level and adding to the volume * If you're looking for a discount you can look for buying opportunities near the $67.13 as that should serve as support moving forward Caution: * If the stock makes 3 consecutive lower lows on a daily basis you might want to consider exiting early.
NYSE:BROLong
by HaseebKhan_90
Gold Rally to 2,130Gold is in its' last wave up (Wave 5) and specifically in wave 3 of 5 (the strongest impulsive wave), it is now on its' trendline which has been intact since March 2020 and is a sub trendline of the bigger uptrend that has been intact for 4 years now. Moreover, gold is now on the 61.8% Fibo level which supports the scenario of gold going up. Targets are calculated based on Fibonacci extensions and gold is expected to extend to new all time highs. A safe target would be 2,045 however it is expected to break the previous ATH and reach the following targets: 2,130 ---> 2,180 ---> 2,300 A proper stop loss would be below the 1,756 level to protect the trade from whipsaws and it is recommended to move SL to breakeven right after the breaking of the 1,960 level.
SAXO:XAUUSDLong
by qaddoura93
A50 - China Contracting - Personal Consumption DecliningAs Kuh Kuh Cathy Woods finds God and re-discovers "Faith" in investing - her flock discovers the very same religious experience. Faith in Central Banks ability to backstop Markets is accelerating. The phenomena is not limited to TECH, it is global and it has expanded to every Capital Stock - Real Estate, Equities, Commodities and Bonds. Crypto and the Metals Complex are the laggards. This brand of unprecedented Mania has begun its Zenith Phase. It is well beyond the irrational Mania of the DotCom Mania, well beyond. Buy buy, buy... Sellers and Intelligent observers are mocked for their plaintiff wails of objection. Clearly there is an immense danger to this, one which will eventually present itself in the near future, until then the BBB Herd will expend all the Capital Energy they can and then move to Leverage via increased Margin. Margin as a percentage of Capital Stock for Equity is frankly minimal so there remains intense upside pressure for those who begin to cheer their own successes believing higher prices are expected. Caution for Sellers here as this can become far more distended. We will see how the updated Levels for NQ ES YM trade, Friday all Futures Indices hit their Extension Targets. Earnings is dead ahead and INTC gave a clear warning, it was not heeded as "Faith" itself and its followers pressed their luck. We anticipate this to continue after the July 21st reversal period was immediately snapped up 2X. Dangerous times, Good Luck and Trade Safe.
OANDA:CN50USD
by HK_L61
1
ETH-USDT-short-term bear, and then long?Hello, thank you for taking the time to consider this idea. As I have detailed above, I am waiting to see if ETH will achieve 30 fib retracement, where it then would have the possibility to jump up again. This is just my analysis based on technical indicators and personal opinion, plus the fact that ETH has just blown our minds since Immutable-X (layer 2 scaling and lower gas fees,) came out in April. There is always a chance that ETH will not retrace and will just continue up. Also watch for a potential bounce off of our (0.236 fib line) at approximately 4,000 .. Many think ETH can grow much more than I have listed on chart, but let's always trade safely with a stop loss! It is wise to wait for confirmation of a change in trend before entering any trade! (keep that in mind if we approach the blue rectangle possible buy zone above) 😃😄 🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend-lines etc. I always recommend looking at multiple charts when making a big investment, thank you! Always have a stop loss ✋🛑💲 set Any thoughts 💭💡, questions 🙋‍♀️🙋‍♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome. Thank you for reading and trade safely!!!! Jazerbay ☯
by jazerbay
35
DOGEUSDT BuyHello traders! Doge looks like strong bullish and it has not given strong moves yet like the other coins but after this correction breakout, Doge will aim to make new highs. This bullish move can go up to 0.54 and we will see a big drop from 0.54. It is good to take the profit when it hit new highs. This trade Valid till 7th may. In the long term doge will face difficulty to break 0.6, so don't aim for 1$ now it's too early. Hit the like button to support the idea and follow to stay connected
Long
by Aadil1000x
4