Nasdaq - This Can Still Be A Fakeout!Nasdaq ( TVC:NDQ ) is starting to slow down:
Click chart above to see the detailed analysis👆🏻
A couple of months ago, the Nasdaq perfectly broke above the channel resistance trendline again, attempting the creation of another parabolic rally. However bulls are not flexing their muscles properly so this breakout attempt could still turn into a devastating fakeout.
Levels to watch: $20.000, $17.000, $30.000
Keep your long term vision,
Philip (BasicTrading)
Stocks
This or That? Is the Market Choosing This?Trading Family,
Similar patterns on the SPY and BTC chart. But there was also conflicting data on both. There was a bearish head and shoulders pattern on both charts, but there was also bullish data on both charts. The market is conflicted but it is now looking that they may choose to side with the bulls. Let's review the charts.
✌️ Stew
TESLA WILL GROW|LONG|
✅TESLA made a retest of
The wide key horizontal
Support level around 380/400$ range
Then established a double bottom
And is going up now so as the
Stock is in the uptrend
We are bullish biased and
We will be expecting a
Further bullish move up
LONG🚀
✅Like and subscribe to never miss a new idea!✅
New Easy Play on Apple for EveryoneHello everyone, thank you for following me! If you're keeping up with the EASY PLAY idea series, here's a fresh one for 2025! As we've seen (and as you can check in my TW ideas), with AAPL, we've predicted every move: from the June idea with the pre-earnings candlestick pattern, to the March retracement stalemate with all targets hit, and up to the most recent idea with the triangle chart formation, which we fully achieved even before it was completed.
With all these fantastic gains, we can confidently say that my technical approach to APPLE works. So, here’s a simple idea for any trader, which could lead us to even more profits!
So let's proceed: we have Apple in a retracement phase after taking our profits with the target achieved using Fibonacci, precise and reliable. Apple dropped after reaching our target zone (see the Apple idea on my profile). Now, we move to buy in the lower green zone to sell immediately in the upper green zone, and the game is done! SIMPLE IDEAS ARE ALWAYS THE BEST.
TENCENT Buy signal at the bottom of the Channel Up.Tencent Holding (TCEHY) has been trading within a Channel Up since the November 15 2023 High and on Monday it made contact with the pattern's bottom (Higher Lows trend-line). As the 1D RSI turned oversold and rebounded, we believe that this is the best buy opportunity in almost 1 year.
Technically we should see the new Bullish Leg emerge now and a break above the 1D MA50 (blue trend-line) would confirm that, as it did on March 11 2024, which was only broken under again after the new Higher High was priced.
We are targeting a little below the 1.618 Fibonacci extension at $73.00.
-------------------------------------------------------------------------------
** 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. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Sanmina Corporation (SANM) AnalysisCompany Overview:
Sanmina Corporation NASDAQ:SANM is a global leader in advanced manufacturing solutions, offering end-to-end services from design and engineering to logistics. Serving diverse industries such as healthcare, defense, automotive, and cloud computing, the company has built a reputation for quality and innovation. Sanmina's broad industry reach mitigates dependency on any single market, ensuring stable and resilient financial performance.
Key Growth Drivers
Diverse Industry Exposure:
Sanmina serves a broad spectrum of industries, including:
Healthcare: Demand for high-quality medical devices and diagnostic equipment.
Defense & Aerospace: Focus on mission-critical electronics and systems.
Automotive: Growth in electric vehicles (EVs) and autonomous technology.
Cloud Computing: Rising demand for advanced data center and networking solutions.
This diversification ensures consistent revenue generation and reduces the impact of sector-specific downturns.
Strategic Joint Venture in India:
49.9% Stake in Reliance JV:
Sanmina's partnership with Reliance Strategic Business Ventures provides access to the fast-growing Indian market, which is a hub for electronics manufacturing and technological innovation.
This joint venture positions the company to capture significant market share in India, leveraging Reliance’s local expertise and Sanmina’s manufacturing capabilities.
Focus on High-Growth Sectors:
Sanmina's emphasis on medical, defense, and cloud computing aligns with global trends, including:
Increasing healthcare investments.
Rising defense budgets globally.
The ongoing digital transformation driving demand for cloud and edge computing solutions.
Financial Highlights and Tailwinds
Steady Revenue Growth:
Sanmina's diversified portfolio and global footprint have enabled consistent financial performance, even amid economic fluctuations.
Operational Excellence:
The company’s focus on operational efficiency, including cost optimization and technological innovation, supports profit margin improvements.
Position in Emerging Markets:
With the Indian government promoting domestic manufacturing, Sanmina’s joint venture is poised to benefit from favorable policies and strong regional demand.
Stock Outlook
Bullish Momentum Above $67.00-$68.00:
The company’s strategic positioning and exposure to high-growth sectors support a positive long-term outlook.
Upside Target: $100.00-$102.00, reflecting confidence in its ability to expand revenue and enhance shareholder value.
Institutional Confidence:
Sanmina’s strong financial foundation and growth prospects make it an attractive investment for both institutional and retail investors.
Conclusion
Sanmina is well-positioned to capitalize on its global reach, diverse industry exposure, and strategic presence in high-growth markets like India. Its focus on advanced manufacturing for critical industries ensures long-term relevance and growth potential.
📈 Recommendation: Bullish on SANM above $67.00-$68.00, targeting $100.00-$102.00.
Nightly $SPX / $SPY Predictions for 1.17.2024🔮
📅 Fri Jan 17
⏰ 8:30am
📊 Building Permits: 1.46M (prev: 1.49M)
💡 Market Insights:
📈 GAP ABOVE HPZ:
On a gap up, we will get pinned down by the weekly zone before dropping lower.
📊 OPEN WITHIN EEZ:
People finally decided to be bullish after seeing yesterday's price action. Let’s bet against them first, then close it around 5925.
📉 GAP BELOW HCZ:
We will likely get a small bounce and hold.
#trading #stock #stockmarket #today #daytrading #swingtrading #charting #investing
TSM One more push left.Taiwan Semiconductor is on very balanced bullish levels on its 1D technical outlook (RSI = 61.134, MACD = 3.500, ADX = 22.596) as it is unfolding the latest bullish wave of the 4 month Channel Up. The previous one completed a +35% rise. We expect the current one to peak on the same levels, thus aim for the top of the Channel (TP = 240.00).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
Dow Jones - Trading 2025 Is Pretty Clear!Dow Jones ( TVC:DJI ) will create another green year:
Click chart above to see the detailed analysis👆🏻
For the past 15 years, the Dow Jones has been respecting two significant rising trendlines. With each of the previous cycles being around +80% and corrections always starting with the new year, everything is pointing towards another phenomenal stock market year.
Levels to watch: $50.000
Keep your long term vision,
Philip (BasicTrading)
3M (MMM): Patience Before Next StepsWall Street analysts estimate that 3M will report quarterly earnings of $1.66 per share next week, reflecting a significant 31.4% year-over-year decline. Revenues are projected at $5.79 billion, down 27.7% compared to the same quarter last year.
As we mentioned previously, we have not yet set a clear limit for 3M and continue to monitor its chart closely. The current structure suggests that the alternative scenario, where wave 1 is positioned higher, appears increasingly likely. However, a significant surge beyond this point does not seem probable at this time.
We’re keeping a close watch to determine where this wave 1 establishes its top before making any further moves. Patience remains key as we refine our conclusions on NYSE:MMM ’s next steps.
Start Your Day Like a Pro TraderLet’s be honest: trading isn’t just about strategy—it’s about how you show up every day. If your mornings feel rushed or scattered, it’s going to carry over into your trading. Over time, I’ve realized the way you start your day can make all the difference.
Here’s a simple morning routine that has helped me find clarity, focus, and confidence in the markets:
1. Take Time to Reset
Before diving into charts or the news, take a moment for yourself. It’s easy to carry yesterday’s stress into today, and that’s not the mindset you want when trading.
-Breathe it out: Spend 5-10 minutes just sitting quietly or meditating. Let the noise settle.
-Set the tone for the day: Ask yourself, “How do I want to approach today? Patient? Focused? Disciplined?” Write it down or just say it out loud.
2. Feed Your Brain
Good decisions require energy, and let’s face it, coffee alone won’t cut it.
-Start with water: A simple glass of water can work wonders to wake up your brain.
-Eat something solid: Go for a breakfast that gives steady energy—oatmeal, eggs, or even a smoothie. You’ll thank yourself later when you’re not crashing mid-morning.
3. Make a Game Plan
Flying blind in the markets is a recipe for stress. Before the bell rings, take a few minutes to prepare.
-Review the big picture: Check global news, economic reports, and overnight market trends.
--Map out your trades : Look at key levels, set your entries and exits, and decide how much risk you’re willing to take. This prep is your safety net.
4. Stay Connected
Trading doesn’t have to feel like a solo mission. One of the best things I’ve done is surround myself with people who understand the journey.
If you’re trying to build better habits or find more consistency in your trading, I’ve been there. DM me for more info or check out my profile—I’m happy to share what’s worked for me. No pressure, just here to help.
Kris/Mindbloome Exchange
Trade What You See
L&T Technology Services ($LTTS): Hidden Gem or Overhyped? L&T Technology Services ( NSE:LTTS ): Hidden Gem or Overhyped? 🏆🚀
1/ L&T Technology Services ( NSE:LTTS ) could light up your portfolio. Is it truly undervalued, or is the market just hyping this engineering R&D juggernaut? Let’s break down its fundamentals and growth catalysts. 🔎
#LTTS #Investing #TradingView #TechStocks #Engineering
2/ Valuation Snapshot
P/E Ratio ~42.9x ⚖️ (above industry avg ~36.7x, below some peers ~60.1x)
High P/B ratio = market is betting big on future earnings & intangible assets 💎
Some intrinsic value models hint at overvaluation—depends on whether double-digit growth 💹 continues
#Valuation #GrowthStocks #UndervaluedOrNot
3/ Sector Comparison
LTTS isn’t “cheap,” but it outperforms on revenue growth & deal bookings 🔥
Could be a diamond in the rough if it sustains near 10% expansion 📈
Leading the pack in digital transformation & engineering innovation 🤖
#TechInnovation #DigitalTransformation #EngineeringR&D
4/ Risk Factors
Market Volatility: Tech sentiment can shift overnight ⚠️
Client Concentration: Heavy reliance on key clients = big revenue mood swings 💥
Currency Fluctuations: Global reach is both a 🌐 blessing & curse
Competition & Disruption: Must innovate to outpace rivals 🏇
#MarketRisk #GlobalTrading #Innovation
5/ Strategic Positioning (SWOT/SCOT)
Strengths: Solid foothold in AI, sustainability, and top-tier R&D 🌱
Challenges: Elevated valuation multiples = must keep impressing investors 🙌
Opportunities: Post-Intelliswift expansion, cloud & data services 🌩️
Threats: Strong competition + potential economic downturn 👀
#SWOT #AI #Sustainability #CloudComputing
6/ The Burning Question
Are we looking at a fairly priced NSE:LTTS , or is this an undervalued rocket waiting to blast off? 🚀 It hinges on your faith in tech services, R&D agility, and margin expansion. 🤝
#MarketDebate #LongTermInvesting #TechFuture
Drop your comment: Do you see LTTS as overvalued or a hidden gem? Share your thoughts below! 💬
#LTTS #TradingView #Investing #EngineeredForGrowth #DCAlpha
Nightly $SPX / $SPY Predictions for 1.16.2024🔮
📅 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: -5.2 (prev: -16.4)
💡 Market Insights:
📈 GAP ABOVE HPZ:
On a gap up, we will hold and run higher. Weekly will pin it down.
📊 OPEN WITHIN EEZ:
Craziest thing was the amount of people trying to call the top today. For tomorrow, any dip would be bought back up unless people start being unanimously bullish.
📉 GAP BELOW HCZ:
Instead of a decisive move, it will be volatile, so daytrade.
#trading #stock #stockmarket #today #daytrading #swingtrading #charting #investing
A Golden Opportunity in a Bull Market USAUThis report provides an in-depth analysis of U.S. Gold Corp. NASDAQ:USAU using the Momentum Reversal Indicator (MRI) and incorporates insights from recent articles highlighting USAU's strong potential within a bull market for gold. By examining daily, weekly, and monthly timeframes, this report aligns USAU's technical setup with broader market fundamentals to provide actionable trading strategies.
Technical Analysis
1. Monthly Chart: Primary Trend
- Trend : Bullish, with consecutive Green Setups ( 1, 2, 3, 4 ) signaling sustained upward momentum.
- Support and Resistance :
- Support: Monitor TI Setup Trend Support or the most recent swing low.
- Resistance: Potential resistance near Green 8 or 9, which indicates trend exhaustion.
- Outlook : The primary trend aligns with projections of sustained bullish momentum in the gold market.
2. Weekly Chart: Intermediate Trend
- Trend : Transitioning to bullish, forming Green Setup 1 after Red Setup 5.
- Key Confirmation :
- Await Green Setup 2 closing above Green Setup 1 to confirm bullish continuation.
- Support and Resistance :
- Support: Near TI Setup Trend Support or recent swing lows.
- Resistance: Previous swing highs or Fibonacci retracement levels.
- Outlook : A confirmed bullish reversal will reinforce the broader market outlook.
3. Daily Chart: Entry and Exit Points
- Trend : Bullish continuation, with Green Setups progressing from Green 2 to Green 5 .
- Reversal Levels :
- Monitor Green 8 or 9 for potential trend exhaustion or reversal signals.
- Support and Resistance :
- Support: TI Setup Trend Support or prior swing lows.
- Resistance: Green 9 or Fibonacci retracement levels.
- Outlook : Short-term bullish opportunities align with weekly trends but require caution near Green 9.
Fundamental and Market Outlook
Recent analyses highlight key factors that underscore USAU's investment potential within a strong gold market:
1. Record High Gold Prices :
- Gold has reached record highs, with forecasts predicting prices to potentially hit $3,000 per ounce by the end of 2025 and even higher by 2030.
2. Undervalued Gold Mining Companies :
- Companies like USAU are poised for growth as they are undervalued relative to the surge in gold prices.
3. USAU's Unique Advantages :
- Analyst Price Targets :
- Roth MKM : Initiated coverage with a Buy rating and a price target of $10.00 .
- HC Wainwright & Co. : Maintained a Buy rating, raising the price target from $11.00 to $13.00 .
- Alliance Global Partners : Maintained a Buy rating with a price target of $18.00 .
- Strong Development Pipeline : USAU’s projects position it for near-term production and long-term growth.
- Experienced Team : Proven management with gold exploration and development expertise.
- Dual Exposure : Opportunities in both gold and copper markets.
- M&A Potential : USAU's assets could attract acquisition interest in a rising gold market.
---
Trade Recommendations
1. Bullish Continuation Trade
- Timeframe : Weekly and daily charts.
- Action : Enter long after Green Setup 2 confirmation (weekly) or a breakout above Green 6 (daily).
- Entry Point :
- Weekly: After Green Setup 2 closes above Green Setup 1.
- Daily: On breakout above Green 6 or 7.
- Stop-Loss : Below the last swing low or TI Setup Trend Support.
- Take-Profit :
- Weekly: Near swing highs or resistance zones.
- Daily: Near Green 8 or 9.
Risk Management
- Risk-Reward Ratio : Maintain a minimum of 1:2 for all trades.
- Stop-Loss Orders :
- Use strict stop-loss orders to cap potential losses.
- Trailing Stops :
- Implement trailing stops to lock in profits as trades progress favorably.
Conclusion
U.S. Gold Corp. NASDAQ:USAU presents a compelling opportunity for traders and investors within a robust gold market. The company’s strong technical signals and bullish market fundamentals suggest significant upside potential. However, cautious risk management is essential, especially as the stock approaches key resistance levels or trend exhaustion points on the daily chart.
Disclaimer
This report is for informational purposes only and should not be considered financial advice. Investing involves risk, and past performance is not indicative of future results. Always conduct your own research and consult a qualified financial advisor before making investment decisions.
Citigroup ($C): Fourth Test of Key Levels Since 2018The shares of Citigroup gained an impressive 7% today following its earnings report, which delivered a beat ✅. The company is projecting revenue between $83.5 billion and $84.5 billion for 2025, up from $81.1 billion last year and $77.1 billion in the year prior (excluding divestitures). Positive news for both the company and its investors!
We’ve been monitoring NYSE:C but haven’t found a trigger yet—this might change soon.
The stock is approaching its most significant resistance zone since 2018, a level tested three times in the past. Could the fourth test finally break through? We remain cautious, expecting that another pullback, even a minor one, might be necessary to push past $83. If this pullback materializes, we’ll evaluate opportunities to position ourselves.
Currently, there’s a bearish RSI divergence, and unless the stock can make a higher high compared to 2021, another major pullback remains possible. However, a short position doesn’t align with our strategy at the moment. We’d need to see a lower time frame structure change to consider that route.
This stock doesn’t lend itself well to Elliott Wave analysis as it has been trending sideways for years, and we’re not forcing patterns onto it.
Stay alert for future opportunities on NYSE:C
Procter & Gamble (P&G) Overview and AnalysisProcter & Gamble (P&G) is a global leader in consumer goods, offering a wide range of household, personal care, and health products. Their iconic brands, including Tide, Gillette, Pampers, and Olay, have made them a household name worldwide.
1️⃣ Past Performance: In their last two earnings reports, the stock jumped by ~12% after strong results.
2️⃣ Current Price: The stock has dropped to a key support level ($159), attracting buyers at a discount.
3️⃣ Upcoming Earnings: Set for January 22, 2025—a potential catalyst for movement.
4️⃣ Outlook: Analysts predict a price target of $209 by year-end, highlighting strong growth potential.
Broadcom - This Chart Tells Us Everything!Broadcom ( NASDAQ:AVGO ) is retesting massive resistance:
Click chart above to see the detailed analysis👆🏻
For roughly a decade, Broadcom has been trading in a quite obvious rising channel pattern, perfectly rejecting the lower support trendline back in the end of 2022. After the recent rally of more than +200%, it is quite likely that we will now see a substantial move lower from here.
Levels to watch: $250, $150
Keep your long term vision,
Philip (BasicTrading)
Netflix (NFLX) AnalysisNetflix recently experienced a pullback, dropping to a significant demand zone around $820-$850, which has historically acted as strong support. This drop has attracted traders eager to capitalize on the current discounted price, anticipating a potential bullish rebound.
Looking at the chart:
1️⃣ Previous Earnings Reaction: The last earnings report sparked a 12% spike, showcasing Netflix’s potential for strong momentum following positive results.
2️⃣ Demand Zone Support: The stock is consolidating around this key level, indicating that buyers are stepping in to defend it.
3️⃣ Bullish Expectations: Traders are positioning themselves for the upcoming earnings report, expected on 01/21/2025 after market close, which could act as a major catalyst for upward movement.
If the earnings report meets or exceeds expectations, we could see Netflix rally toward all-time highs, with the first resistance zone around $940 and a longer-term target of $1,020.
AMAZON: Neutral on 1D signals a buy opportunity.AMAZON is neutral on its 1D technical outlook (RSI = 52.618, MACD = 1.360, ADX = 32.455) and is trading under its 4H MA50. With the long term pattern being a Channel Up and the price already hitting its bottom, this emerges as a medium term buy opportunity. The Channel's pullback has already met the 0.382 Fibonacci retracement condition, which is the level all three prior pullbacks hit before rebounding on a new bullish wave. Those waves hit at least the -0.382 Fibonacci extension on their way up, so that is our target (TP = 247.00).
See how our prior idea has worked out:
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
SWING IDEA - BALAJI AMINESBalaji Amines , a leading manufacturer of specialty chemicals, is showing promising signs for a potential swing trade.
Reasons are listed below:
Crucial Support Zone (1850-2000) : The 1850-2000 range has proven to be a strong support zone, indicating significant buying interest and potential for a price rebound.
0.618 Fibonacci Support : The price has found support at the 0.618 Fibonacci retracement level, often referred to as the "golden ratio," suggesting a likely reversal or continuation of the uptrend.
Bullish Marubozu Candle on Weekly Timeframe : The recent weekly candle is a bullish marubozu, characterized by little to no shadows, indicating strong buying pressure and potential for further upward movement.
Support from 50 and 200 EMA on Weekly Timeframe : The stock is trading above both the 50-week and 200-week exponential moving averages, providing strong support and confirming the long-term uptrend.
Increase in Volumes : A noticeable spike in trading volume often confirms the strength of a price move, indicating greater participation and confidence in the direction of the trend.
Target - 2720 // 3030 // 3800
Stoploss - weekly close below 1875
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights