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Bearish Head & Shoulder Breakdown in Descending Channel - XAUUSDXAUUSD – 15 Minute Chart Analysis Observed a Bearish Head & Shoulders pattern forming within a descending channel structure. Price is currently reacting near the upper boundary of the channel around the 3324 level. The neckline support is identified near 3285. A confirmed break below this level may open the way toward the 3225–3202 support zone. Key Technical Levels: - Channel Resistance: 3324 - Neckline Support: 3285 - Next Support Zone: 3225–3202 Bias remains bearish while price stays below the channel resistance. Watching for volume confirmation on any potential breakdown. This chart is shared for educational and technical analysis purposes only.
OANDA:XAUUSD
by Smart_Trading_Strategy
CADJPY: Bullish Continuation Confirmed 🇨🇦🇯🇵 Look how strongly CADJPY reacted to a recently broken resistance that turned into a support after a breakout. A bullish violation of a resistance line of a falling wedge on an hourly time frame with a bullish imbalance confirms a highly probable growth. The price will go up at least to 105.09 ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by VasilyTrader
1
EURUSD Mirror Market Concept – Retest Before Bullish Expansion 🔍 Analysis Summary: This EUR/USD setup is constructed using the Mirror Market Concept (MMC), which identifies price behavior patterns that tend to "mirror" across central zones or key support/resistance levels. The chart highlights multiple "Ellipse + Central Zone" regions that represent strong consolidation and price decision areas, reflecting symmetry in market reactions. 📈 Key Technical Insights: Central Zones & Ellipses: These are repeated zones where price action has shown symmetry in both accumulation and distribution phases. Watch how these ellipses mirror prior moves, indicating likely zones of reaction. Previous Target & Reversal Area : The market completed a leg to the previous target (around 1.1410), followed by a rejection from a major resistance zone, initiating a reversal. This aligns with the Mirror Market structure, where the move downward reflects the previous bullish leg. Support Level: A significant support zone has been marked near the 1.1275 level. Price action reversed from here, respecting this base and forming a reversal zone. Retesting Phase: After bouncing from support, the price is entering a retesting phase around the 1.1330 level (identified ellipse). This retest is critical—if held, it could trigger bullish continuation. Major BOS (Break of Structure): Once price breaks and sustains above the 1.1360–1.1380 region, it will confirm the BOS and pave the way toward the final Target Zone at 1.1450–1.1470. 🎯 Trade Plan Overview: Bullish Scenario: Look for confirmation of support near 1.1320–1.1330 during the retest. If price holds and forms bullish structure (e.g., higher lows, bullish engulfing), consider long setups targeting 1.1450. Bearish Invalidator: A breakdown and close below the support level at 1.1275 would invalidate the bullish bias and call for reevaluation of the setup. 🧠 Final Thoughts: This analysis reflects the mirror behavior of price and the market psychology around equilibrium zones. MMC provides a structured way to anticipate future price action by understanding how historical reactions unfold. Watch key zones and wait for confirmation before engaging.
Long
by GoldMasterTrades
USDCHF – Awaiting Breakout Ahead of FOMC: Key Levels in Focus USDCHF – Awaiting Breakout Ahead of FOMC: Key Levels in Focus 📌 MARKET OVERVIEW USDCHF is currently consolidating within a tight range after a technical rebound from the 0.8226 support zone. The price is testing a confluence area at the descending trendline and the 200 EMA on the H2 chart, indicating indecision between bulls and bears as we head into the high-impact FOMC event. 🔍 TECHNICAL ANALYSIS – H2 CHART Overall Trend: Sideways corrective move within a broader downtrend channel. Price is approaching critical resistance at the EMA200 and the channel’s upper boundary. EMAs in focus: EMA13 (black), EMA34 (orange), EMA89 (red). Fibonacci Retracement: Price is hovering around the 0.5 fib zone (0.8298), a neutral level for potential reaction. 🎯 Key Levels & Trade Scenarios: Major Resistance Zone: 0.8330 – 0.8368 → aligned with the 0.618 Fibonacci retracement and previous structural high. Key Support Zone: 0.8226 → strong demand area. A break below this could expose deeper downside or set up a false break trap. 📌 Most Likely Path: Price could dip back to 0.8226 before launching a bullish recovery targeting 0.8330 – 0.8368. A clean breakout above 0.8368 with momentum and volume could invalidate the bearish bias and shift the trend mid-term. 🌍 MACRO & FUNDAMENTAL CONTEXT FOMC IN FOCUS: The Federal Reserve is expected to hold rates steady at the upcoming meeting. However, market attention will be on Powell’s tone. A hawkish stance could fuel further USD strength, propelling USDCHF toward resistance zones. SNB (Swiss National Bank) maintains a neutral tone with slight disinflationary concerns, offering limited support for the CHF and strengthening the USDCHF upside case. US Treasury Yields are showing signs of recovery, adding bullish pressure to USD pairs. 📌 TRADING STRATEGY: Watch for bullish reaction at 0.8226 – potential long setup if RSI divergence appears. Short-term targets: 0.8330 → 0.8368. Breakout Strategy: If price clears 0.8368 with conviction, shift bias to bullish continuation and monitor for FVG or trendline breakout alignment. 📣 Stay sharp for increased volatility around FOMC. Position sizing and discipline are key in macro-heavy weeks like this.
Long
by MMFlowTrading
3
USDJPY PLAN – Will FOMC Be the Next Big Catalyst?USDJPY PLAN – Will FOMC Be the Next Big Catalyst? 💬 After several sessions of sideways movement, USDJPY is showing signs of a potential breakout, supported by both technical signals and macro fundamentals. As the FOMC meeting approaches, the market is poised for a major shift — making this the perfect time to prepare actionable trade plans. 🔍 TECHNICAL ANALYSIS Primary Trend: Short-term bullish retracement within a broader downtrend – currently testing the 200 EMA on H2. EMAs in use: EMA13 (black), EMA34 (orange), EMA89 (red) – effective dynamic support/resistance indicators. Key Resistance Levels: 145.35: Major confluence zone with 0.618 Fibonacci and trendline resistance. 146.11 – 147.20: Previous highs and Fibonacci extension targets. Key Support Zones: 144.61: EMA200 acting as immediate pressure point. 143.43 – 143.02: Crucial demand zone with strong reaction expected on pullback. 🌍 MACRO & FUNDAMENTAL FACTORS FOMC Outlook: With recent CPI data softening and labor numbers moderating, markets anticipate a hold on rates. However, any hawkish tone from Chair Powell could trigger a sharp bullish move on USDJPY. BOJ’s Dovish Stance: The Bank of Japan remains accommodative, showing no clear intent to hike rates. This weakens the Yen and supports mid-term upward momentum for USDJPY. Interest Rate Differentials & Carry Trade Flows continue to drive volatility and directional bias in this pair. 🎯 TRADE SETUP SUGGESTION If price breaks and sustains above 144.61 (EMA200): look to BUY on pullback toward 144.15–144.20, targeting 145.35 and 146.11. If price gets rejected at 145.35: consider a short-term SELL toward 144.00 – 143.43 for a corrective leg. ⚠️ STRATEGY NOTE: Avoid entering right at the time of the FOMC release. Wait for post-event confirmation. Prioritize strong breakouts or rejections, and manage risk carefully under volatile conditions.
Long
by MMFlowTrading
Silver (XAG/USD) Analysis Using Mirror Market Concepts + Target📌 Overview: In this analysis, I’ve applied MMC (Mirror Market Concepts) to Silver’s recent price action. MMC helps traders like us identify symmetry, psychological zones, and repetitive structures in the market. This chart is a textbook example of how buyers and sellers leave patterns behind that we can mirror to predict what comes next. Let’s dig deep into this elegant setup 👇 📈 1. The Curve Zone Support – Foundation for the Move At the base of the chart, you’ll notice a curved support zone drawn in black. This isn’t just any random support—this is a rounded structure that shows how price gradually transitioned from bearish to bullish over time. This Curve Zone Support indicates: Sellers are getting exhausted. Buyers are quietly stepping in, absorbing all sell-side pressure. The market is preparing for an upside breakout. This zone also aligns with mirror behavior—what price did before, it's setting up to do again. 🟣 2. Mirror Market Concepts in Action MMC teaches us to reflect past structures into the future. Here’s how it plays out: Previous dips into the curve zone were followed by strong bullish pushes. Recent price action mimics earlier structures, forming mini-cups and curved bases. This behavior suggests that Silver is mirroring its own bullish reversal structure again. It’s like watching history repeat itself—with new energy. 🟡 3. Demand Zone + Break of Structure (BOS) Around the $33.00 level, price dipped into a marked demand zone (highlighted in light purple). This is where buyers jumped back in and pushed price up again—proving strong interest at this level. You’ll also notice a Minor Break of Structure (BOS) above this demand zone, showing: A small, but significant shift in market sentiment. Short-term trend change from bearish to bullish. Fuel for the next leg up. This BOS acts as confirmation that price is ready to move toward the target. 🎯 4. Targeting Major Resistance – $34.50 Zone The ultimate goal is the Major Resistance Zone around $34.50. This zone has been tested before and caused strong rejections. But here’s the key difference now: Price is approaching this level with momentum, structure, and buyer interest. If MMC continues to play out, this zone could be taken out or at least retested for potential breakout continuation. This area is marked as your Target Zone and is aligned with the mirrored projection. 🧠 5. What the Market Psychology Tells Us Let’s not just read candles—let’s read the mind of the market: Buyers are patiently absorbing every dip. Sellers are losing control at each attempt to push price down. The curve base structure is signaling accumulation. Demand zones are holding perfectly. Minor BOS adds more weight to bullish bias. All these are classic MMC psychological footprints. ⚙️ Trade Plan (Educational Purpose Only): 🔹 Bullish Bias: Entry: On confirmation above the minor BOS or demand retest. Stop: Below the recent demand zone. Target: $34.50 Major Resistance area. 🔹 Bearish Watch: If price rejects from the curve or fails to hold above demand zone… Price could revisit $32.50 or lower to re-test curve zone again. 📘 Final Thoughts: This chart is a masterclass in how Mirror Market Concepts work. From the curve zone support to the demand hold, and now a clear target in sight, everything is lining up beautifully. If you’re a price action trader, this is the kind of structure you wait weeks for. If the bullish scenario plays out, we could see Silver make a strong run toward the $34.50 resistance zone in the coming days. Keep your eyes on: Curve zone support holding Demand confirmation
OANDA:XAGUSDLong
by GoldMasterTrades
Bitcoin MMC Analysis – Mirror Market Concepts in Action + Target📌 Overview: In this idea, I’m using Mirror Market Concepts (MMC) to break down Bitcoin’s current price behavior. MMC is a powerful way to spot repetitive price patterns, psychological zones, and mirrored moves that help us predict where the market might go next. Let’s break down what this chart is really telling us. 👇 🔁 1. Mirror Market Concept in Play MMC is all about symmetry. Think of it like looking into a mirror—what price did on the left side, it might repeat (or mirror) on the right side. Look at the two rounded zones (highlighted in light blue ellipses). Price dipped into the support zone, formed a rounded bottom, and then shot up. A similar pattern is forming again on the right-hand side. This mirroring behavior gives us a clue that price could follow the same path upward again. 📉 2. Trendline Resistance – A Key Level The chart shows a clear descending trendline that has been respected multiple times. Every time price tries to break above this line, it gets rejected. This tells us that sellers are still in control at that level. Until this trendline is broken cleanly, bullish momentum remains capped. However, multiple tests of the trendline also indicate it's getting weaker, so a breakout might be coming. 🟪 3. Support Zone – Buyer’s Stronghold See the purple shaded area near $108,400? That’s the support zone. Price bounced off this area several times, showing that buyers are defending this level. This zone is important because: If it holds, we can expect another upward push. If it breaks, price could drop to the next support level (not shown here, but could be around $107,000–$107,500 based on structure). 🎯 4. Previous Target Hit – New Target Identified Using MMC, we previously predicted a move up to around $110,800, and that target has been successfully hit (labeled as "Previous Target" in the chart). Now, a new target zone is forming around $109,600–$109,800, marked on the right side of the chart. If price breaks above the trendline and central zone, this is the next likely destination. 🔵 5. Central Ellipse Zone – Compression Area The blue ellipse on the right side represents a central zone—an area of price compression and indecision. In MMC, this is where price builds up energy before a move. It acts like a spring: the longer price consolidates here, the bigger the breakout move will be. Right now, BTC is compressing in this central zone. This is a critical moment. The breakout direction from here could decide the short-term trend. 📊 Trade Plan Ideas: 🔹 Bullish Scenario: Wait for a clean breakout above the trendline and central zone. Look for a retest of the breakout area (confirmation). Target the $109,600–$109,800 zone. 🔹 Bearish Scenario: If price fails to break the trendline and drops below the support zone at $108,400… We could expect a deeper pullback toward $107,000–$107,500. 🔹 Key Levels: Resistance: $109,200 (trendline area), $109,800 (target zone) Support: $108,400 (zone), $107,500 (next major support if broken) 📘 Final Thoughts: This chart is a perfect example of how MMC (Mirror Market Concepts) can give us a visual roadmap of what price might do next. It’s not about guessing—it’s about recognizing the psychological patterns that repeat over and over in the markets. Right now, Bitcoin is sitting at a decision point: Break above the trendline = possible bullish continuation Break below support = likely bearish shift Watch the central zone closely—because the next big move could start from right there. 🔍
CRYPTO:BTCUSDLong
by GoldMasterTrades
Gold Futures (GC) – May 28, 2025 Gold is currently trading within a clean range, and I’m keeping it simple: 🔴 I will only sell in the red supply zone, but only after seeing confirmed seller reaction and order flow backing the move. 🟢 I will only buy in the green demand zone, once buyers clearly show strength and the flow supports it. 📉 My target for any trade is always the opposite zone — if I sell in the red, I’ll target the green. If I buy in the green, I’m aiming for the red. All of this holds until aggressive order flow tells me new participants are stepping in and shifting the narrative. No trades in the middle. Discipline and confirmation first. #GoldFutures #GCAnalysis #SmartMoney #OrderFlow #SupplyAndDemand #FuturesTrading #PriceAction #TradingDiscipline #TechnicalAnalysis
COMEX:GC1!
by prolivetrader
USD/JPY Poised for Upside: Momentum Building Toward Key TargetsBy examining the USD/JPY chart on the daily timeframe, we can see that the price is currently trading around 144. Given the momentum, I expect this pair to rise soon. The potential bullish targets are 145.5, 147.35, and 148.65 respectively. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
6
EURUSD – Holding the uptrend, eyes on support reactionEURUSD continues to move steadily within a clearly defined rising channel. After touching the channel bottom around 1.1305 (which aligns with the 89 EMA), price is showing a slight rebound and has a chance to form the next upward leg. Technical view: The bullish structure remains intact. As long as price holds this bottom area, there's a high probability of another push toward the resistance zone around 1.1428 – a level that was previously rejected. News factor: Market sentiment is now focused on upcoming U.S. Core PCE inflation data, which could influence expectations of a Fed rate cut and, in turn, impact the strength of the USD. Suggested strategy: Favor buying if price holds above 1.1305 – targeting 1.1428. If this level fails, the short-term uptrend may be challenged.
Long
by Rocky_trade_
4
XAUUSD – Holding the channel, eyeing a bounceGold is still trading within a rising channel, recently touching the confluence support zone of the trendline, the 89 EMA, and the demand area around 3,287. This level has seen strong reactions in the past – and if price holds here again, a bounce toward the 3,382 zone is highly likely. Supporting factor: Market sentiment remains cautious after Moody’s emphasized the risks surrounding U.S. public debt, putting pressure on the USD and boosting gold’s appeal. In addition, investors are closely watching the upcoming U.S. Core PCE data later this week – a key factor that could influence Fed rate cut expectations. Suggested scenario: Favor buying if the price holds above 3,287, targeting 3,382 – the upper boundary of the channel. If this fails, selling pressure may return.
OANDA:XAUUSDLong
by Rocky_trade_
USD/CHF Bearish Rejection Setup – Short Opportunity1. Market Context & Structure The USD/CHF currency pair is currently exhibiting a bearish market structure on the 1-hour chart. After a sharp decline from the 0.8360+ level, the price has attempted to recover but remains in a corrective phase. This recovery appears to be forming lower highs and is approaching a key resistance zone. The overall structure shows a series of sharp drops followed by weaker upward retracements, a classic sign of sellers still being in control. The current rise toward the 0.8300–0.8310 level is likely a corrective move, not a reversal, and could act as an ideal zone for a fresh bearish entry. 2. Key Technical Zones Three key price zones define this setup. The first is the resistance zone between 0.8300 and 0.8310, marked with a red box. This area has previously acted as a strong supply zone where price faced heavy selling pressure, and it is likely to be respected again. The second important area is the intermediate support between 0.8210 and 0.8225, which could serve as a partial target for profit booking or re-entry on bounce. Finally, the major demand zone lies around 0.8160 to 0.8175, a level where price previously paused before resuming upward correction. These zones collectively provide logical stop loss and target levels for managing the trade with discipline. 3. Trading Plan (Sell Setup) The trade idea here is to initiate a short position as the price enters the 0.8300–0.8310 resistance zone. This level aligns with the previous high and the edge of a well-defined supply area. A stop loss should be placed slightly above the resistance zone—around 0.8330—to avoid getting stopped out by minor spikes or false breakouts. For targets, the first take-profit can be at 0.8225, near the intermediate support zone. If bearish momentum continues, the next logical target is at 0.8175, which aligns with previous price rejections. This plan offers a clean setup with a favorable risk-to-reward ratio of at least 1:2 or higher, depending on the exact entry and target levels. 4. Confluences Supporting the Trade Several technical factors strengthen the case for a short position at the identified level. First, the price is moving within a downtrend, confirmed by the lower highs and lower lows. The approach toward the resistance zone appears to be a corrective wave, not a breakout. Second, the chart shows a potential M-pattern formation, where the second peak aligns closely with the previous one, indicating a likely double-top scenario. Moreover, price previously reversed sharply from this resistance zone, and similar rejection candles could appear again. This confluence of trend, price action patterns, and zone-based analysis strongly supports the bearish outlook. 5. Expected Move Based on the current structure, once price reaches the resistance at 0.8300–0.8310, a rejection is expected. This could lead to a pullback first to the 0.8225 support area. If this level is broken with momentum, a continued decline toward the 0.8175–0.8160 zone is highly probable. This move aligns with the overall bearish trend and would complete the projected wave structure shown in the chart. Traders should watch for signs of reversal (bearish engulfing, rejection wicks) at resistance to confirm entry. 6. Trade Management Proper trade management is key to success with this setup. Once the position is live, it's recommended to book partial profits around the 0.8225 level to secure gains. The stop loss can then be moved to breakeven or entry price to make the trade risk-free. If price bounces from this level, re-entry opportunities can be evaluated with tighter stop-losses. If the move continues beyond 0.8225, the position should be held toward the 0.8175 target with trailing stop-loss adjustments. Also, traders should be cautious around high-impact USD or CHF news events, which can cause volatility and invalidate technical levels. =================================================================== Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by TradZoo
#NIFTY Intraday Support and Resistance Levels - 28/05/2025Today, Nifty is expected to open flat near the 24800–24850 zone. If it sustains above 24800–24750, a bullish move is possible toward 24850, 24900, and 24950+. Further momentum may be seen if Nifty breaks and holds above 25000, targeting 25150, 25200, and 25250+. On the downside, if Nifty fails to hold above 24950–24900 and starts slipping below this zone, short trades can be considered with targets of 24850, 24800, and 24750. A breakdown below 24700 may accelerate selling pressure, leading to extended downside targets of 24650, 24600, and 24550. Expect choppy moves near key levels — trade with a defined stop loss and lock in profits at each stage.
NSE:NIFTY
by TradZoo
Nightly $SPY / $SPX Scenarios for May 28, 2025🔮 Nightly AMEX:SPY / SP:SPX Scenarios for May 28, 2025 🔮 🌍 Market-Moving News 🌍 🏭 Trump’s Tax Bill Threatens Clean-Energy Boom President Trump’s proposed budget aims to accelerate the expiry of key clean-energy tax credits, jeopardizing over $321 billion in investments and forcing manufacturers to pause expansion—risking a slowdown in solar and wind growth. 🛢️ Oil Flat as OPEC+ Output Hike Looms Brent and WTI held steady amid expectations that OPEC+ will announce a 411K bpd production increase for July at today’s ministerial meeting—balancing tighter U.S. supply and easing trade-tension pressures. 💻 Nvidia Earnings Eye Export-Curbs Impact Ahead of Q1 results, analysts warn U.S. chip-export restrictions to China could shave $5.5 billion from Nvidia’s ( NASDAQ:NVDA ) sales this quarter, testing AI-led growth optimism. 📈 Wall Street Climbs on Tariff Reprieve U.S. futures jumped after Trump delayed planned EU tariffs until July 9, lifting risk appetite across megacaps—Nvidia led gains with a 2.7% pre-market rise. 📊 Key Data Releases 📊 📅 Wednesday, May 28: 9:00 AM ET: Case-Shiller Home Price Index Measures month-over-month changes in home values across 20 major U.S. cities—a key gauge of housing-market trends. 10:00 AM ET: Consumer Confidence Index Tracks consumer sentiment on current business and labor-market conditions and expectations for the next six months. 2:00 PM ET: FOMC Minutes (May 6–7 Meeting) Detailed readout of policymakers’ economic outlook and voting rationale—critically watched for hints on future rate policy. ⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions. 📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
AMEX:SPYLong
by TrendTao
OSCR 1W — When the Chart Speaks Before the FundamentalsThe Oscar Health chart is currently forming a textbook cup and handle — a long-term reversal structure that has completed its base and is now breaking out of the consolidation zone. The bullish structure is confirmed through price action, volume, and positioning relative to key moving averages. The price has broken through the upper boundary of the handle, shaped as a descending wedge. The breakout is accompanied by increased volume — a clear sign of capital rotation out of accumulation. All major moving averages (EMA, MA50, MA200, WMA) are trending upward, and the price is holding above them all, confirming the bullish momentum. According to Fibonacci extension levels, drawn from the historical low of $1.50 to the peak near $23.26, the first wave target stands at $36.71 (1.618 level), with an extended target at $45.02 (2.0 level). Structurally, the setup suggests a medium-term scenario pointing from current levels toward the $36–45 range, with the potential to repeat the kind of explosive move seen during the 2023 phase, when the price increased more than sixfold. On the fundamental side, Oscar Health is actively recovering: in 2024, revenue grew by more than 50%, net losses were cut nearly in half, and the client base continued to expand. The company is strengthening its share in the digital insurance market and gaining support from institutional investors, including Morgan Stanley and Capital Group. The latest quarterly report was positively received. The breakout is technically clean and fundamentally supported. The immediate pullback zones sit at $14.95 and $13.40. Below that, moving averages may act as control zones for reaction.
NYSE:OSCRLong
by TotoshkaTrades
XAU/USD Bounces Off Strong Support Zone – Bullish MomentumGold (XAU/USD) has shown a strong bounce from the clearly defined support zone around the 3280–3290 level on the 1-hour timeframe. This zone has held multiple times in the past, confirming its significance. Additionally, the 200 EMA (red) is aligned with this horizontal support, creating a strong confluence area. Price action has respected this level, forming a bullish reversal candle setup, indicating potential for upside movement. Based on this structure, a long (buy) trade can be considered around the 3300–3305 range, ideally after a bullish confirmation candle or price holding above the EMAs. This entry provides an opportunity to ride the next wave upward while maintaining a favorable risk-to-reward ratio. The stop loss for this trade should be placed just below the support zone—around 3275 USD. Placing the stop slightly below this area protects against fakeouts while still maintaining good risk control. This is a logical level where the setup would be invalidated if breached. For targets, the first potential resistance and partial profit booking zone is near 3335–3340 USD. This zone acted as resistance during previous price swings. If momentum sustains, the second target zone is around 3360–3370 USD, which marks a previous swing high and a likely destination for bullish continuation. For extended upside potential, traders can aim for 3385+ USD, especially if the price action is supported by volume and broader market sentiment. This setup offers a clean technical play with a risk-reward ratio of approximately 1:2.5 or higher. Traders can also trail their stop-loss once the price crosses above the first target to protect gains while riding further upside. ================================================================= Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDLong
by TradZoo
1
SelectQuote | SLQT | Long at $2.18SelectQuote NYSE:SLQT is currently resting within my historical simple moving average zone. This often signals consolidation and a future move (in this case, let's hope up). Looking at the company's financials, NYSE:SLQT is currently profitable. For Q3 2025 (ended March 31, 2025), the company reported a net income of $26.0 million, up from $8.6 million in Q3 2024. This follows a strong Q2 2025 with a net income of $53.2 million. While like most companies there are likely headwinds in 2025 (earnings are projected at a loss of -$0.20 per share due to seasonal fluctuations and investments in 2025 (e.g., new Kansas facility)), profitability is likely to stabilize in 2026, with EPS forecasts of $0.05, supported by improved Medicare reimbursement rates and operational efficiencies. Ongoing Department of Justice allegations could pose risks... but SelectQuote’s recent $350M investment and cost management suggest profitability may continue if legal issues are resolved favorably. Thus, at $2.18, NYSE:SLQT is in a personal buy zone. There is a potential for the price to dip to the bottom of the historical simple moving average channel (near $1.25) in the near-term, but time will tell. Targets: $2.64 $4.24
NYSE:SLQTLong
by WorthlessViews