MORE DOWN SIDE ON MGL.MGL is as per charts very negative. 5 days future data shows short build up. 1 day future analysis shows 67200 shorts vs 2000 long. still the sector is reinventing gas prices to be higher and here the stock is making low buy the stock for long term however for now its a short.
yogesh aggarwal.
Stockstrading
APPLE Has Probably Peaked, Can FallTraders, APPLE stock can fall as it is forming a pattern and is showing signs of fatigue. This comes along with Amazon, Google Tesla, and Netflix stocks showing same signs. This can have a knock on effect on the NASDAQ which is already trying hard to recover from the recent "so far" minor correction.
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
TSR Q1 EPS $3.18, Sales $22.90M Up From $14.51M YoYTSR (NASDAQ:TSRI) reported quarterly earnings of $3.18 per share. The company reported $22.90 million in sales this quarter. This is a 57.78 percent increase over sales of $14.51 million the same period last year.
Expected Breakout in TSLA, Target at 1200Trend Analysis
The main view of this trade idea is on the 2-Hour Chart. The stock Tesla, Inc (TSLA) is channeling higher towards resistance at 880. The channel with the resistance around 880 looks like an ascending triangle setup. If TSLA breaks above 880, it can go as higher as 1200. If resistance holds and TSLA declines, failure of the pattern would occur if TSLA declines towards 700.
Technical Indicators
In the upward trend channel, TSLA is trading above its short (50-MA), medium (100-MA) and long (200-MA) fractal moving averages. The RSI and the KST complements the trend as the RSI is above 50 and the KST recently had a positive crossover.
Recommendation
The recommendation will be to go long at market, with a stop loss at 700 and a target of 1200. This produces a risk/reward ratio of 3.45.
Disclaimer
The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes.
PERFECT BUY THE DIP SETUP/EXAMPLE !! STOCK MARKET EDITION A50 - Monthly
Recent factors impacting the Asian markets, have included worries of financial system contagion from a deeply leveraged Evergrande , regulatory crackdown across several industries, and continued trade tensions. Nevertheless, one is beginning to see some indications of a bullish bullish divergence on the charts
Break and Retest - Prices are likely to rebound to the breakout level, which should now serve as support and draw buying activity in the case of a bullish break and retest
Ascending Triangle - The ascending triangle pattern is a bullish pattern that indicates the market is consolidating following an upswing, having buyers still very much in control. As the wedge narrows, the occurrence of higher lows signals that a breakout is impending.
Hidden Bullish Divergence - When the oscillator produces a higher high or lower low while the price movement does not, this is known as hidden divergence. Hidden bullish divergence develop during a corrective or consolidation phase in an uptrend
Sell Wall - A sell wall occurs when a high number of sell orders are made at the same time at any price level. Asset prices can be suppressed and forced to trade within a specific range due to sell walls. Since we have broken and now are retesting this sell wall its a very low risk entry
VUZI - longI think with the push today wee saw the confirmation that $VUZI is likely bottomed and move up from here, for anyone who want information from the company, im just watching now a video about the annual shareholder meeting 21':
www.youtube.com
I will manually update the progress in the trade, I have no TP and will watch the stock manually to close - derisk or let it run - how it comes. Hope we can profit together.
SHIP Retraced...Now What?SHIP retraced back to the 50 fib finally, bounced and now attempting to get back to the 236 area but recent volume has ben lighter than in previous weeks. As it approaches this area yet again, I think volume will ultimately dictate the next move. Sure, you've got supply chain bottlenecks and higher prices for shipping specifically to Capesize vessels. However, industry fundamentals have their tipping points.
Seanergy isn’t vocal via its newswire; however, its Twitter feed has become a soapbox of sorts. The company has made it known that there’s a significant value in Cape vessel rates right now. A recent tweet explained that cape vessel rates were $75k/day and that “SHIP has unique benefit through index-linked contracts for most of the fleet.”
Other than that, SHIP stock price movement has reflected a similar tone in a direction that other reopening stocks have seen.
SHIP Stock Forecast
Maxim is the most recent analyst to weigh in on SHIP stock. The firm upgraded its rating to Buy and announced a $2.50 price target . Based on open prices on October 8, this target is 78% higher.
SAIL(Steel Authority of India)Positional long for 1 year period
SAIL (Steel Authority of India)Positional long for 1 year Time Frame
Buying/Accumulation levels 98 to 125
Stop Loss 90
1st Target 152
2nd Target 180
2nd Target 215
Analysis done on Weekly Price action/pattern
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor for before making trading decision.
I am not the SEBI Registered Analyst or Advisor( I am Preparing for Certification)
Leave a comment that is helpful or encouraging. Let's master the markets together
PayPal under pressurePayPal Holdings Inc shares fell 1.22%, or $3.19 per share, to close Wednesday at $259.00. The stock showed a lot of weakness since the company's latest earnings report on July 21 showed a higher sales and earnings in Q2, but, its projections for the full-year 2021 were downbeat.
The stock has violated the ascending trendline aggressively with a downward gap confirming the formation of a bearish reversal pattern on the daily timeframe. PYPL may extend its pullback hitting the pattern's target at $235.00 that corresponds to the 38.2% Fibonacci retracement level.
Finolex Industries Positional Long for 6 months to 1 year time
Finolex Industries Positional Long for 6 months to 1 year time
Disclaimer: These levels are purely based on Price action/demand and supply zones & Technical Analysis and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor for before making trading decision.
NETFLIX Can Fall : Pattern CompletedTraders, Netflix made a great run and never gave a a chance to short beyond our sell level. (See the attached previous analysis idea). Now Netflix has gone out of the range to
1. Collect stop losses hence create a bull trap
2. Complete a W pattern
3. Touch 600 psychological level which was missed last time
This not has a potential to fall to target below (white horizontal lines)
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
Google Shares Can Fall From Parabolic MoveTraders,
Google (Alphabet) had one the best runs since covid-19 crash last year. The move has just been nothing short of the best parabolic one in any stock in recent times. However it may be about to change. For the first time, Google price action has started to show sign of a correction.
And we know that when a parabolic moves corrects it usually is a quick one too. 😃
Both charts and algos are telling the same story. So this is something I will be watching next week as it may start a new domino effect and lead us into a great profitable short opportunities.
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
JOAN trading idea explanation 🎥JOANN Inc is engaged in the sewing business. The company provides fabrics, sewing supplies, yarn and needle arts, paper crafting, jewelry making, fabric crafting, craft lights, wedding decorations, and home decor products. It generates maximum revenue from Arts and Crafts and Home Decor products.
buy GBL 9/7/2021Stock is moving in an uptrend direction
It tests the EXMA 13 and 34
Trading volumes increase with rises
So you can buy target 29.4 stop losses 25
Good luck
Can Netflix find TP today❓🎯Entry details are shown on the chart.
Working the H1 time frame on this strategy.
We're only looking for TP3.
Stock ideas is something I'll be covering more going forward.
Can Netflix find the TP target today? We'll see.
Previous trades shown on chart for reference.
Trade history can be seen below this trade idea too for full transparency.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.