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Support and Resistance

Nucor | NUE | Long at $120.17Nucor NYSE:NUE , a US manufacture of steel and steel products, will likely capitalize on reduced foreign competition as tariffs become reality. The CEO also recently stated that the steelmaker's order backlog is the largest in its history and is increasing prices. So, while there is a potential for short-term downside as tariff "unknowns" are negotiated, the longer-term upside may be there for those who are patient... but time will tell. Basic Fundamentals: Current P/E: 21x Forward P/E: 15-16x Earnings are forecast to grow 29.6% per year Projected Revenue in 2025: $32.3 billion [*} Projected Revenue in 2028: $39.4 billion Debt-to-Equity: 0.4x (healthy) Dividend Yield: 1.8% Technical Analysis: Riding below the historical simple moving average and there is risk the daily price gap near $109 will close before moving higher. If there is a "crash" in price, $70s is absolutely possible which will be a "steel" if fundamentals do not change. Targets in 2027: $142.00 (+18.2%) $187.00 (+55.6%)
NYSE:NUELong
by WorthlessViews
PEPE – Strongest Setup Among Top Meme Coins Out of the higher-cap meme coins, I’m leaning more toward $PEPEUSDT. From a price action perspective, it’s showing more strength than CRYPTOCAP:DOGE , CRYPTOCAP:SHIB , and $WIF. That’s not to say the others won’t pump—but personally, CRYPTOCAP:PEPE looks the most appealing here. The green box is a solid area to build a position. It’s held the trimester lows well and continues to test them while responding bullishly. Let’s see how it plays out over the next two months—but I like the odds of upside from here.
Long
by ZelfTrade
NASDAQ: Time For A Pullback?In this Weekly Market Forecast, we will analyze the NASDAQ for the week of July 14 - 18th. The NASDAQ had a strong week, until Tariff Tensions Friday arrived. This by itself doesn't mean we should start looking for sells. Just like the S&P 500, I'm expecting short term bearishness, as price goes from ERL to IRL. With Tuesday CPI Data coming, this short term consolidation is to be expected until the news is announced. Let the markets pick a direction, and flow with it. Have a plan of action in place so you can react to the price action promptly! Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
CME_MINI:NQ1!
by RT_Money
2
July 2025 - Internet computer ICP ;-(Every other week Without Worries is asked for his thoughts on Internet Computer project. It is very clear a number of folks are invested and for a few it is the only crypto token they hold. Disclaimer . Without Worries does not hold or trade this crypto token. My opinion is impartial. Two questions every trader or investor must ask themselves before exposure to any asset: What is the trend? Support or resistance, which is it? To not answer either or even ignore the answers; that is to ignore the facts of the chart. You’re here to make money, nothing else. The questions are best answered on a higher time frame where possible, especially a time frame where market pivots align with the Relative Strength Index (RSI). Question 1, what is the trend? Start by looking left, on both Price action and RSI. The first lower high is observed in tandem with a lower high in RSI. This trend is matched in RSI as lower lows in price action and RSI break legacy support. This is clearly a downtrend. Question 2, Support or resistance, which is it? As before, look left. Typically best to start with higher timeframes. Support levels are identified by observing historical price charts where the asset has repeatedly stopped falling and reversed upwards. Similarly, resistance levels are identified by observing historical price action where the asset has repeatedly stopped rising and reversed downwards. These levels are often marked by previous swing highs, areas where the price has consolidated, or psychological round numbers (blue and red arrows). It is fairly clear price action on the above chart now finds resistance on past support. Bonus observation With questions 1 and 2 both answered, it is clear future price action favours a bearish outlook on the macro outlook. A long term bear flag has established, now awaiting confirmation. That confirmation shall be a print of rejection from the underside of the flag, which will also be an additional lower high around $10. It is entirely possible (and is often the situation for flags to print their forecasts without confirmation!). After the confirmation price action will begin its decent towards 60 cents. ww
by without_worries
5
The 3400 mark will be the key for next week!Gold has been up and down this week, and the shock wash has intensified. It bottomed out and rebounded at 3282, and then steadily pulled up. After a slow rise to 3368 on Friday, the retracement was limited, and finally closed at 3355. So can gold be expected to be strong? Is it possible to reach 3400 next week? From the trend point of view, it is too early to say that it will turn strong. 3400 is an insurmountable barrier. Only by breaking through 3400 can we see a stable strong bull. If it is suppressed below 3400, the bulls will not be stable and may fall back at any time. We can only see large range fluctuations. From the overall trend point of view, gold is currently fluctuating widely in the large range of 3250-3400. It is safe to buy below 3300, and it is easy to go up. After all, it is still upward in the long run. Next week, we will focus on the gains and losses of the 3400 mark. It is not recommended to chase the high position directly on Monday. On the one hand, the interruption of the market after the weekend holiday can easily cause discontinuous rise. In addition, after three consecutive positive lines on the daily line, there will either be a negative correction and a fall, or a large positive volume. Combined with the current trend and rhythm of gold, be careful of a high-rise fall, and it is easy to get trapped by chasing long positions at high positions. Don't feel that it will soar as soon as it rises, and the high point of 3500 seems to be within reach; don't feel that it will fall sharply as soon as it falls, and the 3000 mark is not a dream. We should stay away from those who sing long when it rises and sing short when it falls. The direction is not because you see it, so you believe it, but because you believe it, so you see it. There will always be a time when you chase the rise and sell the fall and you will return with nothing. Moreover, the high point of 3365 has not formed a substantial break and stabilized. On Monday, we still need to focus on the gains and losses of this position, so we need to look at it from two aspects: 1. If it rises directly at the opening, pay attention to the pressure near 3370-3380 and you can go short, and the target is 3350-3340! 2. If the market falls back at the opening, go long around 3340-3330, with the target above the high point of 3360-3368.
OANDA:XAUUSDLong
by Trade-Daniel
1
S&P 500: Time For A Pullback?? In this Weekly Market Forecast, we will analyze the S&P 500 for the week of July 14 - 18th. The S&P 500 had a strong week, until Tariff Tensions Friday arrived. This by itself doesn't mean we should start looking for sells. With Tuesday CPI Data coming, this short term consolidation is to be expected until the news is announced. Let the markets pick a direction, and flow with it. Have a plan of action in place so you can react to the price action promptly! Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
CME_MINI:ES1!
by RT_Money
GBPCAD OUTLOOKIn this analysis we're focusing on 2H time frame for finding possible upcoming movement in price. So as per my strategy today I'm looking for a sell trade opportunity. Confirmation is very important, after confirmation we'll execute our trade. Let's see which opportunity market will give us. Always use stoploss for your trade. Always use proper money management and proper risk to reward ratio. This is my prediction. #GBPCAD 1H Technical Analysis Expected Move.
Short
by TradeTacticsreal
TRBUSDT: Massive Bullish Setup or a Fakeout Trap?Yello Paradisers — is TRBUSDT gearing up for a major breakout, or is this just another fakeout before a deeper drop? Our previous calls have been consistently accurate, and now this chart is flashing multiple signals that deserve your full attention. 💎Currently, TRBUSDT has formed a textbook falling wedge pattern, a well-known bullish reversal signal. What's adding strength to this setup is a clear bullish divergence, suggesting that momentum may be shifting in favor of the bulls. Even more compelling, the price is now holding firmly inside a bullish Order Block (OB) zone, which is aligned with the 200 EMA — a powerful confluence that increases the probability of a bullish move significantly. 💎For aggressive traders, this could be a valid spot to enter immediately, capitalizing on the current structure and zone. However, for those looking for a more calculated entry with improved risk-to-reward, waiting for a pullback could provide a much better setup — with the potential to offer over 4.5 RR, making it a high-probability trade idea. 💎That said, it’s important to manage risk carefully. If TRBUSDT breaks down and closes candle below the bullish OB zone, this would invalidate the bullish setup entirely. In that case, the smart move would be to wait patiently for new price action to form before making any decisions. Reacting emotionally here could lead to unnecessary losses, so discipline is key. 🎖Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise