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Trendanalyisis

A Divergence Signal!The candlestick indicate a divergence signal where the price closed above the MA line without significant result in volume. RSI is gaining positive momentum due to fresh buying interest from the trader on the stock. But not contribute much on the volume. MACD indicates a divergence signal and coherence with the candlestick price where the price closed above the MA line. Is this will be a turning point for the stock towards next higher price peak? Using the resistance line is a good way to indicate if the price is gaining momentum towards next price peak. Let's save KAB in WL and watch out for significant price movement with volume support the price uptrend momentum. R 0.360 S 0.290
MYX:KABLong
by eskopitehmilo
AXIS BANK LONG POSITION OPPOURTINITY I wanted to share with you my trend analysis for Axis Bank's current trading situation on TradingView. From my analysis, it appears that the stock is approaching a key support area, which could present a potential opportunity for a long position. As you can see from the chart, AXIS Bank has been in a generally upward trend over the past few months, but it recently encountered some resistance and began to pull back. However, the stock is now approaching a support level that has held up in the past, which suggests that there may be some buying interest at this level. Based on this analysis, I believe that it could be a good time to consider entering a long position in axis Bank near the support area. Of course, as with any investment, there are always risks involved, so it's important to carefully consider your personal investment goals and risk tolerance before making any decisions. Overall, I think that AXIS Bank is a strong company with a solid track record, and I feel optimistic about the potential for a profitable investment at this time. Please let me know if you have any questions or concerns, and I'll be happy to help.
NSE:AXISBANKLong
by TRADING-NASA
1
Rebound From Support Range!The candlestick pattern indicates the price has rebound from the price support range. Where the price gains momentum towards the R1. Although there was a significant price movement the result in volume is lower than the average volume. Hence, indicate an accumulated phase pattern but suggests that the long-term uptrend remains intact. The MACD is in a divergence signal, thus, conforming with the candlestick trendline. Let's save CNERGEN in WL and watch out for significant price movement with the volume above the average volume. R 0.965 S 0.865
MYX:CNERGENLong
by eskopitehmilo
SPX: Persistent Bear Trend.• SPX is in a bearish trend as it has triggered a bearish pivot point at 4,060, making a lower high/low, and is below the 21 ema; • Now, the 21 ema and 4,060 are resistance levels. However, talking short term, the 4,015 (red line) is doing a competent job holding the price; • Therefore, there are many resistance levels on the SPX, and it will not be easy for it to reverse the bearish sentiment; • If he loses the 3,949 support, the next stop would be the 3,885; • So far, the index is bearish, and there is no clear bottom signal on it yet. I will keep you updated on this. Remember to follow me to keep in touch with my daily analysis!
SP:SPX
by Nathan_The_Finance_Hydra
USDJPY : SHORT PULL BACK?USDJPY broke structure on the 4HR Time- frame. Right now, it retesting a resistance level which might signify a pull back before it continues it's journey up. On the flip side, it could just break through the resistance without a pull back and keep going up! I think It's all dependent on what happens in the triangle it's in now. If it breaks through to the upside, then it most likely will keep on going without a pullback, and vice versa. Trading is a risky venture, do not take this as trading advice, make your own personal research as well! 💯
by pelumiajilore63
SQQQ on Bullish Signal Uptrend - Potential Recession is Coming SQQQ price closing on 50.24 USD where on the breakout of resistance level 48.68 USD yesterday. Notice that having a huge buying volume to support the breakout (cup and handle pattern), this indicate it is a strong bullish signal where investor can consider to take "Long" position on SQQQ with current price (50.24 USD). To be conservative, can take 46.19 USD as stop loss position which approximately 8.03% of risk. This would possibly on strong upward trend while potentially NASDAQ would be on bearish trend. Most likely " Recession is Coming" ... On the other hand, take a look on another chart regarding QQQ ETF which tracking on NASDAQ-100 Index: Based on my humble analysis, we can see NASDAQ-100 index had formed "Head and Shoulders" pattern. Yesterday the chart just on the breakout support level position with high selling volume of transactions. This mean it is high possibility that NASDAQ might go into "free fall". Thus, might be a good opportunity to trade SQQQ with manageable risk now (if practice stop loss of 8% from yesterday closing price - 50.24 USD) “Past performance does not guarantee future performance. This is for just my personal opinion but not trading advise.”
NASDAQ:SQQQLong
by samleecomp
5
TSLA: About to Continue the Bullish Rally.• Since TSLA did its top sign last week, it lost the $200 support and it has been correcting; • For now, there’s no meaningful bullish reaction indicating that this pullback is over; • In order to completely reject last week’s top sign (Evening Star Doji), TSLA must break $214, the Star’s high; • The next technical support is at $182, and TSLA still could get there, if we don’t see a clear bullish reaction first; • The $200, our previous support, is a possible resistance now. If TSLA breaks it this week, we might see a promising bullish reaction ahead; • I’ll keep you updated on this. Remember to follow me to keep in touch with my daily analyses!
NASDAQ:TSLA
by Nathan_The_Finance_Hydra
6
SPX: A Pullback in a Bull Trend.• The SPX is correcting today, however, it is still above the 4,100, indicating some strength; • If the index drops more, and loses yesterday’s low, we might see a sharper correction. Probably the SPX would lose the 21 ema in this scenario; • For now, it seems the bulls are in control, despite the pullback. As long as the index remains above the 4,100 / 21 ema, the gap at 4,218 is still our target; • The index is correcting, but there’s no clear bearish reversal structure on it yet pointing to a real reversal. I’ll keep you updated on this. Remember to follow me to keep in touch with my daily analyses!
SP:SPX
by Nathan_The_Finance_Hydra
TESLA: Buy the dip Strategy in short-medium termHi everyone! At the moment the Tesla's main trend is bearish, but at the same time, if we look at intraday charts, such as 1h time frame, we see a clear bearish structure (12345) under development. After its completion we expect an important technical rebound which should push the price into the $140 area. From next week we will go looking for wave 5 level and start taking long positions. 💖 Support our idea with your Like & Comment, thank you! 💖
NASDAQ:TSLALong
by TheAnonymousBanker
8
Emerged of Buying Interest!The candlestick indicates a significant price movement where the price closed above the MA line backed by high volumes due to fresh buying interest on the stock. The MACD indicates a divergence signal, hence, confirming the price movement to the next price resistance. The RSI is in positive momentum due to emerged of buying interest on the stock. Let's save XINHWA in the WL and watch out for significant price movement backed with volume toward the next price resistance. R 0.275, 0.300 S 0.240
MYX:XINHWALong
by eskopitehmilo
TSLA: Fantastic Reaction. 👍• TSLA is doing an important reaction, as it is trying to reject the Dark Cloud Cover candlestick pattern, our top sign from Monday; • This top sign wasn’t completely rejected yet, but even if TSLA resumes the drop, there are many support levels to hold the price; • The first support is the $154, then the gap area around $146. What’s more, there is the 21 ema, which is ascending right now; • A pullback to any of these support levels could be an opportunity to buy at a cheaper price; • The key resistance is the $182.50. If TSLA breaks the $182.50, then our next resistance level is the $200; • I’ll keep you updated on this, as usual. Remember to follow me to keep in touch with my daily analyses!
NASDAQ:TSLA
by Nathan_The_Finance_Hydra
5