Stocktrading
Amazon stock has been breaking through all the way upAmazon stock has been breaking through all the way up
This figure shows the weekly candle chart of Amazon stock for the past three years. The top to bottom golden section of July 2021 is superimposed in the figure. As shown in the figure, Amazon stock has been breaking through all the way up since the end of January this year and completing the top to bottom shoulder positions in mid March. It has now reached the top to bottom golden section above 1.000, very close to 0.809, but has not reached the high point of the short start position in mid August 2022! So, in the future, we will use this high point and the 1.000 level of the top to bottom golden section in the graph as the long short range, with high selling and low buying within the range, and chasing up and selling out of the range!
Ibulhsgfin buying opportunityA favorable risk-to-reward ratio opportunity can be seen in this stock which is nearing a breakout from flag pattern with increasing volume support.
Buy Entry - Above 175
Target - 205
Stop Loss - 163
MADHAV 50 % RETURN 👀🔥🔥🔥Aug 26
swing trade perfect symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
when nifty turns bullish take trade
Pin Point Predictions of Bharat Forge For 28 to 1 sept 2Hello Traders,
My next week planning to trade this stock is in two parts first in form of marking that you are seeing. Second is how to trade these marking as entry and exit . That you can check below.
Pin Point Predictions of Tata Motors For 28 to 1 sep 23Hello Traders,
My next week planning to trade this stock is in two parts first in form of marking that you are seeing. Second is how to trade these marking as entry and exit . That you can check below.
NIO to continue in the downward move?NIO - 30d expiry - We look to Sell a break of 10.48 (stop at 11.28)
Prices have reacted from 16.18.
Short term momentum is bearish.
There is no clear indication that the downward move is coming to an end.
A break of the recent low at 10.50 should result in a further move lower.
In our opinion this stock is overvalued.
We look for losses to be extended today.
This stock has seen poor sales growth.
Our profit targets will be 8.48 and 8.08
Resistance: 11.33 / 12.00 / 12.50
Support: 10.50 / 10.00 / 9.50
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group
APPL show a large triangular APPL show a large triangular
This chart shows the weekly candle chart of Apple's stock in the past 4 years. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, the recent high click through of Apple's stock has broken through the 1.618 position of the bottom up golden section in the figure, and then fell down, showing a large triangular oscillation and consolidation pattern overall! So for a period of time in the future, the bottom of the graph should be used to determine the bullish and bearish divide of Apple's stock, with the 1.382 position of the golden section above it and the short range below it!
LMT continues to hold back the bears.Lockheed Martin Corporation - 30d expiry - We look to Buy at 448.25 (stop at 438.25)
Prices have reacted from 442.30.
Support is located at 447 and should stem dips to this area.
443 continues to hold back the bears.
The primary trend remains bullish.
This stock has seen good sales growth.
Price action was confined to a narrow range highlighting the lack of clear direction.
Our profit targets will be 473.25 and 478.25
Resistance: 458.00 / 467.00 / 475.00
Support: 447.00 / 443.00 / 439.70
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group
Nvidia's stock has been suppressed by the 4.618 on gold splitNvidia's stock has been suppressed by the 4.618 on gold split
This chart shows the weekly candle chart of Nvidia's stock in the past year. The graph overlays the bottom to top golden section of October 2022. As shown in the figure, the recent high point of Nvidia's stock has been suppressed by the 4.618 position on the gold split at the bottom of the figure! Due to NVIDIA's recent release of its second quarter financial report, its actual revenue was $13.51 billion, a year-on-year increase of 101%; Under non US GAAP, the net profit was $6.74 billion, a year-on-year increase of 422%, directly leading its stock to soar! However, it is not ruled out that there is a possibility of a bullish turn into a bearish turn. In the future, the 4.618 position on the bottom of the graph above the golden section can be used as the dividing line between bullish and bearish positions for Nvidia stocks!
ArcelorMittal Long opportunityNice long opportunity on #ArcelorMittal based on historical trendline and current positive candlestick pattern.
Roku in a sequence of higher highs and lows.Roku - 30d expiry - We look to Buy at 75.11 (stop at 69.11)
The sequence for trading is higher highs and lows.
The trend of higher lows is located at 74.50.
Previous resistance at 75 now becomes support.
We look to buy dips.
This stock has seen good sales growth.
Expect trading to remain mixed and volatile.
Our profit targets will be 90.11 and 93.11
Resistance: 79.50 / 84.44 / 88.00
Support: 75.65 / 74.00 / 70.50
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group
PYUSD - The PayPal StablecoinHi Traders, Investors and Speculators of Charts📈📉
PayPal announced yesterday on August 7, 2023 that it has launched a U.S. dollar stablecoin, called PayPal USD (PYUSD) . PYUSD is fully backed by U.S. dollar deposits and short-term U.S. Treasuries, and is issued by Paxos Trust Company. It is available to PayPal customers in the United States with PayPal Balance accounts.
PayPal has partnered with Paxos to launch PYUSD. Paxos is a leading blockchain infrastructure company that specializes in stablecoins. Paxos also issues the BUSD stablecoin, which is used by Binance. PYUSD was first announced in January 2022, but its launch was delayed due to regulatory concerns. However, PayPal has since received approval from the New York State Department of Financial Services to issue PYUSD.
PYUSD is currently valued at $1.00 per token. It can be used to buy, sell, hold, and transfer funds on PayPal. It can also be used to make payments to merchants that accept PayPal.
PayPal has been crypto-friendly for some time. In addition to PYUSD, PayPal also offers four other cryptos: Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. PayPal customers can buy, sell, hold, and transfer these cryptocurrencies on the PayPal platform.
PayPal's launch of PYUSD is a significant development in the cryptocurrency space. It is the first major financial technology firm to launch its own stablecoin . PayPal's move is likely to boost the adoption of stablecoins and cryptocurrencies in general.
💭 It's interesting to see how the fundamentals tend to follow the chart or vice versa. When we analyze the PayPal chart, we see a definitive completion of a bearish trend / downward cycle. According to Wyckoff Method and other market phases, the next cycle is the upward cycle / bullish phase. And so, this news comes at just the right time to kickstart a new market cycle!
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NASDAQ:PYPL
Signalwyse Daily Stock Picks SeriesSignalwyse Daily Stock Picks Series - 22 August
Traders execute daily buy positions at the beginning of the trading day and sell before the market closes. This active approach aims to capitalize on short-term opportunities, enabling you to act on our carefully selected top 10 S&P 500 stocks.
We will share 2 of the top 10 stocks daily.
Check the website on our bio for more.
-Signalwyse Team
DOW JONES TRADE IDEADOW JONES closes slightly higher on Friday after a 3days bearish run. We should expect more bullish move before the close of the market and at the open of the New York session.
Palo Alto Networks' stock has plummetedPalo Alto Networks' stock has plummeted
This figure shows the weekly candle chart of Palo Alto Networks' stocks from 2020 to present. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, the recent highest point of Palo Alto Networks' stock has just returned to the 5.618 level above the bottom of the golden section in the figure, and has since plummeted. It is now about to hit the 4.000 level above the bottom of the golden section in the figure! In the future, just use the 4.000 position of the golden section at the bottom of the graph as the long short watershed operation for Palo Alto Networks' stocks!
Dealing with News releasesUse any economic calendar to monitor news releases. (forexfactory, myfxbook).
Below is how I adapt to news when trading my personal edge, including the pairs GBPUSD, EURUSD, AUDUSD and XAUUSD in my times. If you have tested pairs with other currencies, for example with CAD etc, make sure to be aware of related news there too.
Which news do I adapt to:
💀 USD high impact news - I have closed out any trades on any of my pairs before the news release, regardless of if I am in deep profit or loss on the trade. I do not enter trades on any of my pairs within 30 mins before or after a high impact USD news release.
💀 GBP high impact news - I have closed out any trade on a GBP or EUR trade before the news release, regardless of if I am in deep profit or loss on the trade. I do not enter trades on any GBP or EUR pair within 30 mins before or after a high impact USD news release. If the news release is CPI/ Inflation or Interest Rates, I also close out/ don’t enter trades on all my other pairs too.
💀 EUR high impact news - I am not concerned about EUR news as it does not tend to affect my pairs much in my experience. The only EUR news I close out/ do not enter trades on is Inflation/ CPI. Note the EUR news only applies to news on the economic calendar with the European flag next to it - not the random countries within the EU, such as Germany, Italy etc.
Pin point prediction of Tata Motors for 21 to 25 Aug 23 BHARAT Hello Traders,
This is the next week trading plan in this stock for next week. Perhaps you could get it, for more details check below.
TSLA: Hit Major Resistance Area, Correction is Incoming?Hello Fellow Stock Traders, Here's a Technical Analysis of TSLA!
TSLA has demonstrated noteworthy price development, reaching a significant resistance level and resulting in a price gap. Subsequently, a bearish divergence has emerged, implying the possibility of a trend reversal or downward movement. Moreover, TSLA is presently forming a double-top pattern, which may signal a potential breakout scenario, indicating further downward movement toward the initial target area near the EMA200 Line. Subsequent to this, a probable pullback to the neckline area is expected, followed by a continuation of selling pressure towards the second target area.
Considering these technical factors, the current price action, and the indicators, a negative outlook is projected for TSLA. This suggests a potential downward trajectory in the near term.
It is essential to note that the analysis will no longer hold validity once the target/resistance area is reached.
Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below!
Disclaimer:
Please note that this analysis is solely for educational purposes and should not be considered as a recommendation to take a long or short position on NASDAQ:TSLA .
Riot Platforms has shown an accelerated decline patternRiot Platforms has shown an accelerated decline pattern
This figure shows the weekly candle chart of Riot Platforms' stocks in the past three years. The top to bottom golden section at the beginning of 2021 is superimposed in the figure. As shown in the figure, the stock of Riot Platforms has shown an accelerated decline pattern in the past three weeks, and is about to challenge the bullish starting point in June 2023! From the double bottom pattern at the end of June 2022 and the beginning of 2023 to the overall pattern of the three small bands of upward trend, there are still new highs in the future, but the space above is limited!
Buying HP at trend of higher lows.HP Inc - 30d expiry - We look to Buy at 30.32 (stop at 29.32)
The sequence for trading is higher highs and lows.
Broken out of the triangle formation to the downside.
The trend of higher lows is located at 30.20.
We look to buy dips.
This stock has seen good sales growth.
Our profit targets will be 32.82 and 33.32
Resistance: 31.50 / 32.30 / 33.30
Support: 30.87 / 30.20 / 29.32
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group
TGT stock has both stepped back on 2.618 in golden sectionTGT stock has both stepped back on 2.618 in golden section
This figure shows the weekly candle chart of Target Corporation's stocks over the past two years. The top to bottom golden section is superimposed in the figure. As shown in the figure, Target Corporation's stock peaked three times in August and November of last year, reaching its highest point in January of this year, reaching the 1.618 position of the golden section in the figure! Moreover, the two low points of Target Corporation's stock this year have both stepped back on the 2.618 position in the golden section of the chart, and are about to reverse and move upwards!
THE BURRY CHANNEL: THE BURRY CHANNEL:
World famous trader Michael Burry went all in on stock market shorts last week! Bullish setups are going to be hard to find until we break out of this channel!
*MICHAEL BURRY'S SCION ASSET MANAGEMENT JUST RELEASED ITS LATEST 13F FILING
*BURRY BOUGHT PUTS WORTH $900 MILLION DOLLARS AGAINST THE S&P 500 AMEX:SPY
*BURRY BOUGHT PUTS WORTH $740 MILLION DOLLAR AGAINST THE NASDAQ 100 NASDAQ:QQQ
