AVG LOG SWING TRADE 100% RETURNswing trade avg log best for go long if it break from trendline sl will be 10% and target 100%
Stocktrading
GOOGLE.... Go Long!After the bullish BOS, sweeping all of the external liquidity, price returned to the breakout level to find support at the +FVG.
Also worth mentioning, price retraced to the OTE fib level of .705, as well.
The reaction is a good one, as last week's candle had a strong, bullish close.
The outlook is bullish. Longs only.
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MSFT Daily OverviewMICROSOFT remains one of my favourite instruments in STOCK TRADING.
I've always enjoyed watching it's price movements, I believe it has remained a solid investment consistently.
Right now I believe Microsoft is about to start recovering from it's recent drawdown and start to move bullish after it hit a major RESISTANCE zone.
We will do further analysis on this instrument once more bars are printed!
GOOGLE: The 3rd major bullish wave begins.Google is just turning from bearish to neutral today on the 1D time-frame (RSI = 44.178, MACD = -4.950, ADX = 38.408), same situation also on its 1W outlook, as the stock recovers from the 1W MA50 breach last week. The green weekly close today is positive as it restored the price back inside the 2year Channel Up. A second straight green candle next week, will validate the start of Google's new 250day bullish wave, with the two before it rising by approximately +60% each.
If you are a long term investor, wait for next week's candle close and if green, buy (TP = 230.00).
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Strategic Sell Setup for Lupin: Precision Trading with Defined RIn this Lupin sell trade setup , we are employing a systematic approach that ensures we trade based on a clear structure:
Identifying Key Levels:
The first step is to recognize a candle that has closed above the all-time high. This candle is crucial as it marks a potential exhaustion point or a possible reversal zone.
Confirmation with Consecutive Candles:
After spotting the all-time high candle, we need to confirm the market's bearish movement. The next two consecutive candles should close below each other, signaling that resistance is strong and the stock price is likely to move down.
Establishing Resistance:
The third key point is the confirmation of resistance. The downward pattern in candle closings suggests that selling pressure is increasing and resistance is solidifying. This signals a good opportunity to plan the trade.
Executing the Trade:
Finally, execute the sell trade based on the rules set in the strategy. This includes placing a stop-loss (27.65) and targeting a reward-to-risk ratio of at least 5:1. In this case, the target is 138.50 with an impressive reward-to-risk ratio of 5.01, ensuring the trade offers substantial profit potential compared to the risk.
This setup not only provides a clear structure for entry but also incorporates a solid risk management plan, making it a robust strategy for traders looking to capitalize on short opportunities in Lupin.
Tesla - This Is Still Not Bearish!Tesla ( NASDAQ:TSLA ) is stuck between structure:
Click chart above to see the detailed analysis👆🏻
Tesla continues to consolidate in the long term descending triangle pattern. Following previous price action, a bullish breakout is much more likely but Tesla is still trading below the trendline resistance. A potential bullish breakout will be followed by an incredible rally and new highs.
Levels to watch: $160, $230
Keep your long term vision,
Philip (BasicTrading)
Mahindra & Mahindra updateAs expected maket reached at extreme ob and moved 107 points 4% up trend hope in future we can expect a more on this investment 😉
Happy trading 🥰
Nvidia - A Correction Of -50% Is Starting!Nvidia ( NASDAQ:NVDA ) is reversing at a strong resistance:
Click chart above to see the detailed analysis👆🏻
Last month Nvidia already corrected about -35% but managed to close with an indecision doji candle. However, previous cycles, the recent rally of +1.000% and the fact that Nvidia is retesting a strong resistance trendline all suggest that Nvidia will still move much lower soon.
Levels to watch: $100, $55
Keep your long term vision,
Philip (BasicTrading)
AMAZON: Crossed over the 1D MA50, best buy trigger you can getAmazon crossed today over the 1D MA50 for the first time since August 1st and effectively validated the buy signal that was triggered on August 5th at the bottom of the Channel Up. The 1D technical outlook just got over neutral grounds (RSI = 56.780, MACD = 0.060, ADX = 15.410) so being slightly bullish along with the 1D MA50 cross, is the best buy trigger you can get.
The MACD pattern is almost the same as on every Channel Up bottom. The rallies that started on those bottoms printed +62.30% and +64.82% rises. We are targeting at another +62.30% rise (TP = 245.00).
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TSLA forecastDescending Trendline (Yellow Line):
The stock appears to be in a downtrend, as shown by the yellow descending trendline. This line indicates a resistance level that the stock has tested multiple times but hasn't yet broken through.
Support and Resistance Levels (Red and Orange Horizontal Lines):
Several horizontal lines, likely key support and resistance levels, are drawn.
Red Lines: These represent support zones where the price has bounced in the past (120.48, 154.22, 167.21).
Orange Lines: These are resistance levels (257.67, 302.74) that the price may struggle to break through.
Current Price and Movement:
Tesla’s price is at $226.13, which shows a gain of 4.56% for the day.
The blue and red boxes to the left represent the current bid and ask prices.
Future Price Projection (Blue Path):
The zig-zag blue path seems to be an anticipated price movement. It shows the price possibly breaking above the yellow trendline (resistance) and moving upwards towards the next resistance level near 257.67.
After potentially retesting the breakout, the price might continue its upward movement as suggested by the upward arrow.
Measured Move (Orange Vertical Line):
The orange vertical line on the right highlights a potential price gain of 136.69 points (112.03%) if the stock were to move from the low point (around 120.48) up to the higher projected level (possibly above 257.67).
Overall Interpretation:
The chart suggests that Tesla’s stock is currently testing a key descending resistance. A breakout above this trendline might lead to a significant upward move, potentially targeting the 257.67 or even higher levels. However, if the breakout fails, the price might retest lower support zones around 185 or even 167.
TESLA: Building up the next bullish wave to $300.Tesla is in the upper levels of neutrality on the 1D technical outlook (RSI = 54.149, MACD = -1.520, ADX = 23.400) as it remains marginally under the 1D MA50, but a crossing over it should restore the buying sentiment. Long term the stock is inside a Channel Up that is technically in the build up of the next bullish wave after the HL on August 5th, also backed by the 1D Golden Cross of July 29th. We anticipate the new rally to cross above both R1 and R2 and target R3 (TP = 300.00).
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SQQQ I It will decline from top of the resistance channel
Welcome back! Let me know your thoughts in the comments!
** SQQQ Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Oracle Liquidation - Short or Sell | Yellowstone Bubble Anyone?Awhile back I posted a chart, where I referred to this current market as the "Yellowstone Bubble".
Lol at the time, I was simply teasing about how ever since roughly season 4 of the show Yellowstone , it seems like everyone thinks they are some kind of tough-guy money-making, all-powerful market wizard.
Google: "Yellowstone Oracle".
Anyway, there's not much else to say here. The internet is a commodity.
Nvidia Go Bye Bye | Short or Take Profits Whenever news commentators feel the need to interview a CEO, and hail the CEO as some kind of benevolent "hero of the people", that is a pretty good indicator that something is awry.
The same applies for rampant social media hype.
At the end of the day, the chart & the macro backdrop tell the real story.
NASDAQ:NVDA will collapse from here. Don't bother trying to buy any time soon, you will only be hurting yourself; this thing, along with the broader market has some significant adjusting (downward) to work through.
APPLE: Buy lower if this level breaks. Next target = 260.Apple is neutral on its 1D technical outlook (RSI = 45.352, MACD = -0.130, ADX = 33.865) as it is consolidating around the 1D MA50. The trend is a bearish one, correcting under LH and until they break, it will remain bearish. Much like the Channel Down corrections of 2023 and 2024, failure to cross above the top of the bearish pattern, should extend the selling to the 1D MA100 again, even the 1D MA200 if it fails.
The 1D RSI of the prior tw fractals indicates that two main LH should be formed before the price recovers. This shows that we should take our time with AAPL and if the 1.5 Fib level breaks, buy on the 1D MA100 and the 1D MA200 for the long term. TP = 260.00 (the 2.5 Fibonacci level).
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Box (BOX) AnalysisCompany Overview: Box has successfully transitioned from its roots in enterprise storage to becoming a leader in cloud content management and automation. The company’s strategic focus on automation, evidenced by recent acquisitions such as Crooze (automation tools) and Alphamoon (intelligent document processing), has positioned it to capitalize on the growing demand for streamlined workflows and smarter document management in the cloud.
Key Catalysts:
Shift Towards Automation: Box’s move to expand its automation capabilities through strategic acquisitions underscores its commitment to enhancing cloud content management solutions. This shift is likely to drive increased customer adoption as companies seek to automate document-heavy processes and optimize workflows.
Margin Expansion & Buyback Program: Box is trading at around 20 times this year’s adjusted EPS estimates, offering strong growth potential driven by margin expansion. Additionally, the company’s board recently authorized a $100 million share repurchase program, reflecting confidence in Box’s growth trajectory and ability to return value to shareholders.
Strategic Growth: Box continues to innovate in cloud content management and automation, which positions it well to capture a larger market share as organizations increasingly prioritize cloud-based and automated solutions.
Investment Outlook: Bullish Outlook: We are bullish on NYSE:BOX if it holds above the $28.00-$29.00 range. Upside Potential: The upside target for BOX is set at $44.00-$45.00, fueled by its strategic focus on automation, margin expansion, and strong buyback activity.
📦 Box—driving the future of cloud automation! #BoxCloud #AutomationRevolution 🚀📈
H&S for Blackrock World Mining - breakoutAn almost perfect double headed H&S pattern completed this week with the price breaking out of the neckline to the downside.
More weakness expected.
S&P 500 ($SPY) COLLAPSE | Recession Alert!!Behold, devastation just up ahead.
$2500 is probable in the S&P.
Retirements are about to be wiped out. As a friendly reminder, the "401K is free money" narrative is going to evaporate.
The media will soon be out in full force talking about:
"stay the course"
"remember your goals"
"stay invested"
"LFG"
"buy the dip"
So foolish.
If you are trapped in a retirement fund (401K), the best thing you can do right now is get defensive. Sell ALL "growth stocks" and shift all of your wealth into cash and / or bonds.
Be careful out there, everyone! Something major is happening on a global scale!
NASDAQ Collapse Underway | SHORT $QQQConsistent with my entire market thesis, I am looking for the NASDAQ to selloff back to the 2018 price level, with the additional likelihood that we will test the Covid bottom from 2020.
If you own NASDAQ:QQQ , I advise an immediate sell; if you are looking to increase profit, you can short the Nasdaq.
Folks, we are in a recession and the market-makers are not playing around.
This will go deep.
Which way for Sandstorm Gold?Been in a downtrend since August 2020.
Now repeatedly testing the upper downward channel.
Not much volume though, but upward sloping RSI on the weekly chart.
Is this the right time for a breakout?
You decide. This is not a recommendation to trade (i.e. buy, hold, sell or initiate any other transaction).
TATA COMMUNICATION BUY NOW TATA COMM - BUY
Trade Reason :
1) Day - Uptrend
2) Correction Completed - FIB 0.786 Level and support
3) 1hr - Entry Confirmation Activated .
Entry - 1873 Rs
Stoploss - 1836 Rs
Target - 2010 Rs
Expected Return - 9.50 %
Thank You ....
Raj Rayon : {"Potential for Best investment for 2024";}
We are at the Biggest Picture available as per the data;
Price has formed a Wave 1 which is an Impulse Wave In the Upward direction;
Wave 2 is a downward 3-Wave-Simple-Correction Structure, retracing Wave 1 by less than a 100% which suffices the Laws of Wave as per the Elliott Wave Theory and now.
======================================================================
Let's talk about the most interesting part The Most Awaited Wave 3 is expected to come out, showing the move which is the reason why we trade,
According to the Elliot Wave Theory the Projection of Wave 3 is at least 161.80% of the Wave 1.
Let's see on the charts the Extension Levels as per the Best Leading Indicactor Fibonacci Extension;
Yo !!!!
Now Last Month that's in August 24, Price has closed above the EMA and hence I see a Buying Momentum in the Monthly chart,
Looking at the Promotor Holding of this company which is more than 90% only confirms my belief in the future growth of the company.
So we have an Overall Target Projection of Rs. 158.03 {Derived as per Fibonacci Extension}
Now Let's look at the other side the {downside/ stop loss/ risk against the reward}
Sunrun (RUN) AnalysisCompany Overview: Sunrun is a leading U.S. residential solar energy company, providing solar panel installations and energy services across the country. The company's focus on sustainable energy solutions positions it to capitalize on the growing shift toward clean energy adoption.
Key Catalysts:
Rate-Cutting Cycle: A potential rate-cutting cycle by the Federal Reserve could make solar financing more affordable, increasing the economic appeal of residential solar projects. Lower interest rates would reduce borrowing costs for consumers, making Sunrun's solar installations more accessible and boosting sales.
Trade Policies: U.S. Treasury Secretary Janet Yellen's scrutiny of China's market practices, particularly regarding solar products, could mitigate low-cost competition from Chinese manufacturers. This would benefit domestic companies like Sunrun by leveling the playing field and potentially driving higher demand for U.S.-installed solar systems.
Federal Subsidies: Sunrun is well-positioned to benefit from federal clean energy subsidies provided by the Inflation Reduction Act (IRA). These subsidies are expected to reduce Sunrun's operating expenses and enhance profitability by offsetting costs associated with installations and energy storage solutions.
Investment Outlook: Bullish Outlook: We are bullish on NASDAQ:RUN if it holds above the $17.50-$18.00 range. Upside Potential: The upside target for Sunrun is set at $29.00-$30.00, driven by favorable interest rate conditions, supportive trade policies, and federal clean energy subsidies.
☀️ Sunrun—ready to shine with rate cuts, trade advantages, and clean energy subsidies! #RUN #SolarEnergy 🚀🌱
