Swing Trade Idea: Renuka Sugar | Multi-Time Frame Breakout AnalyIn this video, I present a swing trade idea for Renuka Sugar, focusing on a breakout base pattern using multi-time frame analysis. Watch as I dive deep into the weekly price action and break down key support and resistance levels. This detailed analysis will help you spot potential entry and exit points, ideal for traders looking to capitalize on longer-term market movements. If you're interested in refining your swing trading strategies using price action, this analysis is for you
Swingtradeidea
Swing Trade Idea: NVIDIA Corporation (NVDA)NVDA is currently trading within a descending wedge pattern. The stock is nearing the upper resistance line, and a break above the $127 resistance could trigger a momentum shift, leading to a potential breakout. This would indicate a continuation of the upward trend. Monitoring the volume closely during this breakout will be crucial, as increased volume would confirm the strength of the move. Additionally, the stock is finding support along the lower trendline, suggesting continued buying interest at those levels. Watch for price action around the $127 level to confirm the next directional move.
SMH Entry, Volume, Target, Stop
Entry: with price above 155.94
Volume: with volume greater than 6.58M
Target: 174.83 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up)
Stop: Depending on your risk tolerance; Based on an entry of 155.95, 146.50 gets you 2/1 Reward to Risk Ratio.
This LONG swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
LIN Entry, Volume, Target, StopEntry: with price above 373.59
Volume: strong volume
Target: 407 area
Stop: Depending on your risk tolerance; 362.44 gets you 3/1 Reward to Risk Ratio.
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
SMCI Entry, Volume, Target, StopEntry: with price above 270.18
Volume: with volume greater than 3.51M
Target: 325.01 area
Stop: Depending on your risk tolerance; Based on an entry of 270.19, 251.92 gets you 3/1 Reward to Risk Ratio.
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
HCA Entry, Volume, Target, StopEntry: with price above 294.02
Volume: with volume greater than 4.08M
Target: 313.20 area
Stop: Depending on your risk tolerance; Based on an entry of 294.03, 287.64 gets you 3/1 Reward to Risk Ratio.
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Bullish swing on EURUSDEURUSD is clearly in a bull channel and setting up for a breakout at next week's open. Some points of interest on higher frames are a large liquidity void on the weekly chart and a daily mean threshold, both of which are at the top of the channel.
My ideal entry will be getting in at the retest of CHoCH.
As always, don't guess...assess.
The Meditrader
$AMC Swing Trade Idea - 43 Price TargetAMC has been respecting the volume shelf support and 150EMA on the daily. I like the idea of swinging calls here for a move to the upside in near future to retest the descending triangle resistance line - $43 zone price target
For the longer term, watch for a break of the resistance line followed by confirmation to go long.
A move below the 150EMA (blue line) I'd be looking for a good short opportunity. Can also short the triangle resistance line anticipating rejection.
Chart looks like hedgies have just been having fun trading this one. Good price action for swing trading!