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US100 NASDAQ SHORTThe US dollar is broadly firmer, though the Japanese yen is proving a resilient ahead of the BOJ deputy governor's speech Nasdaq slide as key tech stocks get hit All three benchmarks are down for the last two weeks, with tech shares causing most of the damage With the 10-year yield potentially getting to 5%, it’s going to be very hard for the equity market to really gain any meaningful traction here until there’s — at minimum — stability in interest rates Interest rates rise? iN 2025 it will be possible:Inflation, signs of recession.
COINBASE:BTCUSDShort
by DaveBrascoFX
VISA issuing the first buy signal of the pattern.VISA Inc. (V) has gone a long way since our buy signal almost 5 months ago (August 29 2024, see chart below): As you can see it was a buy signal just before a 1W MACD Bullish Cross, and straight hit our $320.00 Target before it started pulling-back again the past 30 days. The +2 year Channel Up pattern is intact and in fact the recent break below the 1D MA50 (blue trend-line) is the first buy signal that is being waved as the price is almost at the bottom of the internal (dotted) Channel Up, which is the Bullish Leg of the +2 year pattern. The minimum decline within this pattern has been -7.30% so there is still some room for a new low but the 1D MACD indicates we might be seeing a Bullish Cross soon. In any case, this is a solid level for a first buy entry if you are a long-term DCA investor. Target the top of the 2-year Channel Up at $330.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NYSE:VLong
by TradingShot
ALDO - CUP WITH HANDLEIDX:ALDO (CUP WITH HANDLE) 28-10-2024 (+): 1. Low risk entry point, first time the stock showing it’s buying point 2. Volume dries up on handle 3. Stock showing it’s strength while market is corrected 4. Price above MA 50 > 150 > 200 over 10 weeks 5. Price is within 25% of 52 weeks high 6. Price is over 30% of 52 weeks low 7. 200 day MA trending up over 1 month 8. RS Rating is over 70 (82) (-): 1. Not really confirmed Stage 2, there is high that need to break out at price 520
IDX:ALDOLong
by The_small_money
Nightly $SPX / $SPY Predictions for 1.15.2024🔮 📅 Wed Jan 15 ⏰ 8:30am 📊 Core CPI m/m: 0.3% (prev: 0.3%) 📊 CPI m/m: 0.4% (prev: 0.3%) 📊 CPI y/y: 2.9% (prev: 2.7%) 📊 Empire State Manufacturing Index: 2.7 (prev: 0.2) ⏰ 10:30am 🛢️ Crude Oil Inventories: -1.0M 💡 Market Insights: 📈 GAP ABOVE HPZ: On a gap up, we will hold and run higher. Weekly will pin it down. 📊 OPEN WITHIN EEZ: Pullbacks here and there but will get bought up. 📉 GAP BELOW HCZ: Everyone will eat up this drop; definitely look to position bullish here...again. #trading #stock #stockmarket #today #daytrading #swingtrading #charting #investing
SP:SPXLong
by PogChan
TOYOTA: Excellent conditions for a long term buy.Toyota is neutral both on its 1D (RSI = 51.295, MACD = 2.650, ADX = 28.284) and 1W technical outlook. On the last week of December it got rejected on the 1W MA50 and if it finds support on the 1W MA200, we expect it to recreate the bottom pattern of March 2023. For almost the past 5 years the pattern is a Channel Up. Both prior bullish waves rose by +97% but we will pursue a more modest target (TP = 230.00), the 0.786 Fibonacci retracement level, which during the previous bullish wave was hit on September 18th 2023. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NYSE:TMLong
by InvestingScope
1
IBEX 35: Nearly Three Consolidation IBEX 35: Nearly Three Decades of Stability and Long-Term Growth Prospects The IBEX 35 chart distinctly showcases an impressive trend over nearly 30 years, from 1997 to 2025, fluctuating between 6,500 and 12,500 points. This extensive consolidation period has historically provided a solid foundation for significant trend movements. Key Points: 🔸 Downward Trend from 2008 to 2023: Throughout these years, the index displayed a persistent downward trend, remaining within a declining channel. However, in 2023, this trend was overcome, creating new avenues for growth. 🔸 Breakaway from the Downtrend: Currently, the IBEX 35 has exited the confines of its downward trend. It is important to note that this shift may be partly influenced by high inflation, which elevates the nominal values of assets. 🔸 Current Resistance Zone: At present, the IBEX 35 is approaching the upper boundary of its range, near 12,000 points. A successful breakout and consolidation above this level would confirm a bullish outlook. In such a scenario, the index could increase by 70% over the next decade, reaching between 15,000 and 20,000 points. 🔸 Risk of a Bearish Scenario: If the 12,000-point threshold is not breached and the index fails to stabilize above it, there is a significant risk of a decline towards the lower end of the range (7,000–8,000 points). This correction could last between one to two years, but it typically concludes with renewed growth following the testing and breaking of the downward trend. Optimistic Projection: I lean towards the bullish scenario, where the IBEX 35, in the short term, decisively surpasses the 12,000-point level. This would propel the index to historic highs near 15,000 points and, in the long run, to levels around 20,000 points. Both Scenarios Indicate Growth: Regardless of the short-term movements, both scenarios suggest continued long-term growth. Even with a correction towards the lower levels (7,000–8,000 points), the subsequent rise would be the logical continuation after testing and overcoming the downward trend.
TVC:IBEX35Long
by BamBooChain
Goldman Sachs ($GS): Trend Channel in FocusGoldman Sachs has been trending higher since our analysis two months ago, prompting us to reevaluate our stance. We’ve concluded that it makes more sense to remain bullish for now and not anticipate a bearish scenario at this stage. We are particularly encouraged by how consistently NYSE:GS has respected its trend channel, which strengthens our belief that it will continue to hold. However, there is a significant concern: we don’t want to see NYSE:GS losing this trend channel or creating a false breakdown, only to trap bears and continue higher. Goldman Sachs has its earnings call scheduled for the same day as BlackRock and JP Morgan this Wednesday. This adds pressure, and with additional uncertainty from the upcoming political shifts, such as the inauguration of Trump, the potential impact on NYSE:GS , NYSE:BLK , and NYSE:JPM remains unclear. Setting a limit at the 23.6%-38.2% Fibonacci levels feels too risky given the current environment and the uncertainty in the near future. While we favor this updated bullish scenario over the previous one, the bearish scenario isn’t entirely off the table. It could quickly come back into play if NYSE:GS loses key support levels. For now, NYSE:GS needs to touch the $536–$489 zone and reclaim the trend channel promptly to validate our bullish scenario. If it fails to do so, we’ll need to approach with extreme caution, and as a result, we are not rushing into a trade at the moment.
NYSE:GS
by freeguy_by_wmc
BlackRock ($BLK): Eyeing $914–$874 for ReversalOnce again, our analysis has proven accurate. Following our initial call, NYSE:BLK rallied by 15%, only to retrace by 12%, erasing nearly all gains from the past three months. This serves as a valuable reminder that protecting capital often outweighs chasing setups with lower conviction. Currently, NYSE:BLK is nearing the level we’ve been monitoring, with tomorrow’s earnings report adding some short-term uncertainty and excitement. Despite this, we believe the correction isn’t yet complete. It’s too early to place an order or even set a limit. We will wait for the earnings release and the subsequent market reaction to reassess the situation. Our key focus remains on the $914–$874 zone, where we anticipate a potential reversal and the completion of wave (iv). Once wave (iv) concludes, we expect NYSE:BLK to aim for the previously highlighted targets in our October analysis: $1,057–$1,342. Based on the anticipated completion of wave (iv), the next target for the larger wave ((iii)) aligns with the $1,100–$1,243 range.
NYSE:BLKLong
by freeguy_by_wmc
Tesla Is Driving Bitcoin Price HigherWe talked about a strong positive correlation between Tesla and Bitcoin in the past and now that Tesla is extending strongly higher, Bitcoin is following, of course. Both of them slowed down recently, but notice that Tesla made only a three-wave ABC corrective decline in wave (4) that can now resume its bullish trend for wave (5), so Bitcoin could follow sooner or later. Basic Impulsive Bullish Pattern should be made by five waves. It shows that Tesla and Bitcoin could be trading in wave (4) correction before a continuation higher for wave (5).
NASDAQ:TSLALong
by ew-forecast
3
Can DJT Trump Media & Technology Group Hit 171? Hey, trading family DJT from Trump Media & Technology Group is hovering around $42 right now. If we can rally it up to $62.50 and break out of that triangle, we're in for an epic run. We're talking potential jumps to $106, then $142, and if the stars align, we could see $171! With all the buzz around the inauguration, this could be DJT's moment to shine. If you're as excited about this potential breakout as I am, please give this post a boost, leave some love in the comments, or share it around! And if you want to chat more about this or need more trading insights, feel free to DM me or check out my profile for more. Let's watch this one together and see if we can hit those numbers! Kris/Mindbloome Exchange Trade What You See
NASDAQ:DJTLong
by Mindbloome-Trading
13
Nightly $SPX / $SPY Predictions for 1.14.2024🔮 📅 Tue Jan 14 ⏰ 8:30am 📊 Core PPI m/m: 0.2% (prev: 0.2%) 📊 PPI m/m: 0.4% (prev: 0.4%) 💡 Market Insights: 📈 GAP ABOVE HPZ: On a gap up, we will hold and run higher. Weekly will pin it down. 📊 OPEN WITHIN EEZ: Pullbacks here and there but will get bought up. 📉 GAP BELOW HCZ: Everyone will eat up this drop; definitely look to position bullish here...again. #trading #stock #stockmarket #today #daytrading #swingtrading #charting #investing
SP:SPXLong
by PogChan
Xometry (XMTR) AnalysisCompany Overview: Xometry NASDAQ:XMTR is a leading marketplace for custom manufacturing, connecting buyers and suppliers through an AI-powered platform. The company's platform spans a broad range of industries, offering services such as CNC machining, 3D printing, injection molding, and sheet metal fabrication. Key Growth Drivers International Expansion: Global Scaling Efforts: Xometry is expanding its reach beyond the U.S., targeting international markets where demand for custom manufacturing is rising due to increasing industrialization and digital transformation. The company’s global presence positions it to tap into diverse manufacturing needs across Europe, Asia, and beyond, creating new revenue streams. AI-Enabled Platform: Smart Manufacturing: Xometry’s AI-powered platform connects customers to suppliers, optimizing processes such as quoting, production management, and quality control. This provides a competitive edge in providing fast, reliable, and cost-efficient services. The platform’s automation capabilities drive operational efficiency, creating a seamless manufacturing experience for users. Focus on High-Growth Sectors: CNC Machining and 3D Printing: These high-demand services, which are critical in industries like aerospace, automotive, and consumer electronics, provide Xometry with a solid foundation for long-term growth. With growing demand for additive manufacturing (3D printing) and precision machining, Xometry is well-positioned to benefit from these trends. Market Positioning and Tailwinds Industry Leadership: As a key player in the custom manufacturing space, Xometry benefits from being a one-stop-shop for a wide range of industries, differentiating itself from competitors with a diverse service offering. Customization Trend: The growing trend towards personalized products and on-demand manufacturing is fueling the need for Xometry's solutions, positioning the company to scale rapidly in an evolving marketplace. Strategic Partnerships and Acquisition Potential: Xometry's ability to acquire new companies and form strategic alliances enhances its market leadership and expands its technological capabilities, especially in automation and AI integration. Financial and Stock Outlook Bullish Momentum Above $34.00-$35.00: Given the company’s strong growth drivers, international expansion, and technological advancements, Xometry is poised for continued success in the custom manufacturing space. Upside Target: $68.00-$70.00, reflecting confidence in its scalability, innovative platform, and growing market presence. Investor Confidence: Xometry's unique market position, technological capabilities, and focus on high-growth sectors make it an attractive investment, appealing to those seeking exposure to the future of manufacturing. Conclusion Xometry’s AI-enabled platform and focus on high-growth manufacturing sectors provide a strong foundation for future growth. As the company expands globally and continues to innovate, it remains well-positioned to capitalize on the increasing demand for custom, on-demand manufacturing services. 📈 Recommendation: Bullish on XMTR above $34.00-$35.00, targeting $68.00-$70.00.
NASDAQ:XMTRLong
by Richtv_official
How Do Traders Identify Overbought and Oversold Stocks?How Do Traders Identify Overbought and Oversold Stocks? Identifying overbought and oversold stocks is a key part of technical analysis for traders. These conditions occur when a market’s price moves to extremes—either too high or too low—compared to its recent performance. By recognising these signals, traders can spot potential turning points in the market. This article explores what overbought and oversold stocks are, how to find them using technical indicators, and the risks involved in trading them. What Is an Oversold Stock? Oversold stocks are those that have experienced a significant price decline, often beyond what might seem reasonable based on their underlying value. This often happens when market sentiment is overly negative, even if the company’s fundamentals remain solid. Several factors can lead to a stock becoming oversold. For instance, bad news about a company, such as a missed earnings report or legal troubles, can cause investors to sell off shares quickly. Broader market events, like economic downturns or changes in industry regulations, can also drive prices down across the board. Sometimes, even strong stocks get caught up in these waves of negativity. The concept of overselling isn’t just about price falling, though—it’s about the potential for a reversal. When stocks fall too fast, too far compared to their actual financial performance or growth potential, this is where traders look for opportunities, analysing whether the market is poised for a potential recovery. What Is an Overbought Stock? Overbought stocks are those that have risen sharply in price, often to a point where they may no longer reflect the stock’s true value. When a stock is considered overbought, it means there’s been a lot of buying activity, pushing the price higher than what its fundamentals might justify. This often happens when market sentiment is extremely positive, driving demand even when shares may already be trading at high levels. Several factors can lead to an overbought market. Sometimes, positive news about a company—such as strong earnings, new product launches, or positive analyst reports—can spark a wave of buying. Market-wide optimism, particularly during bullish phases, can also lead to an overbought stock market. Speculative buying, where traders hope to capitalise on short-term price movements, can further inflate the price. Being overbought doesn’t necessarily mean the stock is due for an immediate correction, but it does suggest that the price may have gone too high, too quickly. The most overbought stocks are often viewed as being in a vulnerable position for a potential pullback, especially if there isn’t enough underlying support from the company’s financial health or growth prospects. Traders consider this an opportunity to sell stocks at potentially good prices. How Traders Find Oversold and Overbought Stocks with Indicators Traders use technical indicators to determine whether a stock might be undervalued (oversold) or overvalued (overbought) based on its price action. These indicators allow traders to assess whether a price movement has gone too far in one direction. Technical indicators are tools that use historical price and volume data to measure things like price momentum and trend strength. When it comes to finding overbought or oversold stocks, momentum oscillators play a key role. These oscillators measure the speed and magnitude at which an asset’s price is changing. If a market has been rising or falling too quickly, it could be a sign that it’s either overbought or oversold. Also, if a stock has moved too far away from its typical price range, it signals a possible reversal. Traders rely on indicators to determine when the price may be at an extreme, helping them find entry or exit points based on market conditions. Now, let’s break down some of the most popular indicators used for this purpose. Relative Strength Index (RSI) The Relative Strength Index (RSI) is one of the most widely used overbought and oversold indicators. The RSI is a momentum indicator that gauges how fast and how much a stock's price is moving. It gives traders a visual signal of when a stock may have been pushed too far in either direction. RSI compares the magnitude of recent gains to recent losses to assess whether a stock is overbought or oversold. The indicator ranges from 0 to 100 and is typically used to evaluate whether a stock is moving too fast in either direction. If the RSI falls below 30, the stock is considered oversold, suggesting it could be undervalued and due for a bounce. If the RSI rises above 70, the stock is seen as in an overbought zone, potentially signalling a price correction on the horizon. While RSI can be helpful, it’s essential to look at it in the context of the broader market. For example, in a strong bull market, a stock might remain overbought for an extended period. Similarly, during a downturn, stocks can stay oversold longer than expected. Stochastic Oscillator The Stochastic Oscillator is another momentum indicator. It compares a stock's closing price to its price range over a certain period. The idea behind this indicator is that in an uptrend, prices will close near their highs, and in a downtrend, prices will close near their lows. The Stochastic Oscillator helps traders identify when a stock’s price has potentially moved too far in either direction relative to its recent range. It’s similar in principle to the RSI, except the Stochastic is considered more useful for detecting shorter-term reversals. It’s especially useful for identifying overbought and oversold conditions because it moves within a range — between 0 and 100 — similar to the RSI. The Stochastic Oscillator is made up of two lines: %K, which is the primary line, and %D, a moving average of %K. When these lines are above 80, the stock is considered overbought. When they are below 20, it’s considered oversold. Given its sensitivity, it’s common to see the Stochastic signals a market is overextended for a longer period when there’s a strong trend. This makes it more prone to false signals than the RSI or MACD indicator and typically more useful for trading pullbacks in a broader trend. MACD (Moving Average Convergence Divergence) The Moving Average Convergence Divergence (MACD) is another popular overbought and oversold indicator. Unlike the RSI, which focuses primarily on oversold vs overbought levels, MACD is more about trend strength and its direction. It shows the relationship between two moving averages of an asset’s price and can help identify potential shifts in momentum. The MACD consists of two lines: the MACD line (which is the difference between the 12-day and 26-day exponential moving averages) and the signal line (the 9-day moving average of the MACD line). When the MACD line crosses above the signal line, it indicates a potential bullish reversal. When it crosses below, it signals a bearish reversal. Since the lines are based on the difference between two EMAs, it’s also possible to gauge an overbought/oversold stock by examining the distance of the lines between their current values and the 0 midpoint. If the lines are far away from 0 and their historical averages, it could indicate a stock is overbought or oversold. However, generally speaking, MACD is less about pinpointing specific overbought/oversold levels and more about identifying when momentum is shifting. A rapid crossover of the lines, especially after a strong move, can signal that a reversal might be near. Considerations When Using Momentum Indicators While momentum indicators like the RSI and MACD can be useful for spotting overextended stocks, there are a couple of key points to keep in mind when using these oversold and overbought indicators: Divergences A divergence occurs when the price moves in the opposite direction to the indicator. For example, if a stock is making higher highs but the indicator is making lower highs, this can signal weakening momentum and a possible reversal. Divergences offer another layer of insight, so it's worth paying attention to them alongside other factors. Timeframes Different timeframes can produce different results. An indicator that shows a stock is oversold on a daily chart might not show the same on a weekly chart. It's important to choose the right timeframe for your trading strategy, whether short-term or long-term. Generally, many traders take a top-down approach, allowing higher timeframe signals to better inform your analysis on lower timeframes. Risks of Trading Oversold and Overbought Stocks Trading oversold and overbought stocks can be appealing, as these conditions often suggest a potential reversal in price. However, there are some risks to consider when relying on these signals. A few important points to bear in mind include: - False Signals: Just because a market is oversold or overbought doesn’t guarantee a reversal. Prices can continue to decline or rise despite what momentum indicators suggest. Traders need to be cautious about assuming that every extreme condition will result in a price correction. - Extended Trends: In strong bullish or bearish trends, a stock can remain in overbought or oversold territory for longer than expected. This can lead to premature trades, where investors get in too early or expect a reversal that doesn’t come for a while. - Market Sentiment: Sometimes, external factors like news events or broader economic conditions can overpower technical indicators. If there’s overwhelming optimism or pessimism in the market, a stock may continue in its overbought or oversold condition for longer than anticipated. - Lack of Confirmation: Relying on a single indicator can be risky. It’s common to use multiple indicators or combine technical and fundamental analysis for a more balanced view. There may be no other supporting signals when a stock is oversold, meaning the trade carries higher risk. The Bottom Line Understanding overbought and oversold stocks, along with the indicators used to identify them, can help traders spot potential market opportunities. While these conditions may signal a reversal, it’s important to recognise there is no one best overbought and oversold indicator and use multiple tools for confirmation. Ready to apply these insights? Open an FXOpen account today to access more than 700 markets, including a huge range of stock CFDs, and four advanced trading platforms. FAQ What Is Overbought and Oversold? Overbought and oversold are terms used to describe extreme price movements in markets. A stock is considered overbought when its price has risen rapidly and above its underlying value, which potentially makes it overvalued. It’s oversold when the price has fallen sharply and below its underlying value, which makes it undervalued. These conditions can signal that a price reversal may be coming, though they don’t guarantee it. What Does It Mean for a Stock to Be Overbought? The overbought stock meaning refers to a stock that has increased quickly and is potentially trading higher than its actual value. This often occurs due to strong demand or market optimism. Overbought conditions might signal that the price is at risk of a pullback. What Does It Mean When a Stock Is Oversold? The oversold stock meaning refers to a stock that has dropped significantly and may be below its true value. This often happens when there’s been excessive selling, and it could suggest that its price is due for a rebound. How Can You Find Oversold Stocks? Traders often use technical indicators like the Relative Strength Index (RSI) to find the most oversold stocks. An RSI reading below 30 typically suggests that a stock is oversold and may present a buying opportunity. Other indicators, like the Stochastic Oscillator, are also commonly used to identify oversold conditions. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:NVDAEducation
by FXOpen
4
Nightly $SPX / $SPY Predictions for 1.13.2024🔮 📅 Tue Jan 14 ⏰ 8:30am 📊 Core PPI m/m: 0.2% (prev: 0.2%) 📊 PPI m/m: 0.4% (prev: 0.4%) 📅 Wed Jan 15 ⏰ 8:30am 📊 Core CPI m/m: 0.2% (prev: 0.3%) 📊 CPI m/m: 0.3% (prev: 0.3%) 📊 CPI y/y: 2.9% (prev: 2.7%) 📊 Empire State Manufacturing Index: -0.3 (prev: 0.2%) ⏰ 10:30am 🛢️ Crude Oil Inventories: -1.0M 📅 Thu Jan 16 ⏰ 8:30am 📊 Core Retail Sales m/m: 0.5% (prev: 0.2%) 📊 Retail Sales m/m: 0.6% (prev: 0.7%) 📊 Unemployment Claims: 210K (prev: 201K) 📊 Philly Fed Manufacturing Index: -7.0 (prev: -16.4) 📅 Fri Jan 17 ⏰ 8:30am 📊 Building Permits: 1.46M (prev: 1.49M) 💡 Market Insights: 📈 GAP ABOVE HPZ: On a gap up, we will hold and run higher. 📊 OPEN WITHIN EEZ: The markets will get a few days of a bullish run. 📉 GAP BELOW HCZ: Everyone will eat up this drop; definitely look to position bullish here. #trading #stock #stockmarket #today #daytrading #swingtrading #charting #investing
SP:SPXLong
by PogChan
"Market Corrections Ahead of the Presidential Inauguration."Corrections are a part of the stock market, signaling moments of weakness and opportunity. Here's a breakdown of the current market decline levels, ranging from the recent 5% pullback to the potential 20% drop that defines a bear market. These are the levels that I will be watching to let me know the momentum of this current shorter term downtrend. Historical Context: Over the past 50 years: 5-10% declines occur about 3-4 times per year on average. 10-20% corrections happen roughly every 2-3 years. Full bear markets (20%+ declines) are rarer but significant, averaging one every 6-8 years. This chart visualizes the current levels, helping traders and investors understand where we stand in historical context and where the market could potentially head. Always remember that as hard as some corrections and declines can be, they all create buying opportunities for long term investors.
AMEX:SPY
by IgniteWealthBuilders
PGHL searching for a breakout.Procter & Gamble Health Limited is one of India’s largest VMS Companies manufacturing and marketing over-the-counter products, vitamins, minerals, and supplements products for a healthy lifestyle and improved quality of life. Procter & Gamble Health Ltd. CMP is 5258.5. The Positive aspects of the company are Company with No Debt, Company with Zero Promoter Pledge and Growth in Net Profit with increasing Profit Margin. The Negative aspects of the company are high Valuation (P.E. = 40.1). Entry can be taken after closing above 5264. Targets in the stock will be 5333 and 5477. The long-term target in the stock will be 5565 and 5600+. Stop loss in the stock should be maintained at Closing below 5156 or 4956 depending on your risk taking ability. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. I or my clients might have positions in the stocks that we mention in our posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:PGHL
by Happy_Candles_Investment
Delta Corp forming a bottom. Delta Corp. Ltd. (India) engages in the business of gaming and entertainment. The firm owns and manages casinos in India. It operates through the following segments: Gaming, Online Skill Gaming, and Hospitality. Delta Corp. Ltd. (India) CMP is 118.93. The Positive aspects of the company are Moderate Valuation (P.E. = 20.5), Company with No Debt, Company with Zero Promoter Pledge, The Negative aspects of the company are Increasing Trend in Non-Core Income, Declining Net Cash Flow : Companies not able to generate net cash, Companies with growing costs YoY for long term projects and De-growth in Revenue and Profit. Entry can be taken after closing above 125.25. Targets in the stock will be 125, 129, 131 and 141. The long-term target in the stock will be 149 and 156. Stop loss in the stock should be maintained at Closing below 108 or 104 depending on your risk taking ability. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. I or my clients might have positions in the stocks that we mention in our posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:DELTACORPLong
by Happy_Candles_Investment
S&P 500 Daily Chart Analysis For Week of Jan 10, 2025Technical Analysis and Outlook: During the recent trading session, the S&P 500 demonstrated a robust rally, exceeding a notable support level at 5872. This upward movement, however, resulted in a significant decline of the index to a critical support level at 5870 and lower lows. The volatility associated with this upward trend has introduced instability by destabilizing the bullish trend by flagging a new downward target marked at Outer Index Dip 5645. However, it is crucial to acknowledge that encountering subsequent support levels of Mean Sup 5770 may trigger a substantial rally, potentially leading to the Mean Res at 5920, before plunging again to drop toward the targeted level of 5645.
SP:SPX
by TradeSelecter