Triangle
IS ULTA BEUTY ABOUT TO GET A MAKEOVER?!NASDAQ:ULTA
IS NASDAQ:ULTA ABOUT TO GET A MAKEOVER?!
In this analysis video we will discuss:
1️⃣ MY #HIGHFIVESETUP trading strategy
2️⃣ Symmetrical Triangle pattern
3️⃣ My plan for this trade
Short🎯 $448
Long 🎯 $516
Chart 1/5 dropping soon.
What do you think of this trade setup? Are you adding it to your watchlist?
NFA
NASDAQ:QQQ #TRADING
WILL CARNIVAL CRUISE LINE ($CCL) CONTINUE TO SAIL HIGHER?! 50%+🚢 WILL CARNIVAL CRUISE LINE ( NYSE:CCL ) CONTINUE TO SAIL HIGHER?! 50%+ Potential! 🚢
NYSE:CCL had a rough ride during the COVID pandemic as everyone stayed home, not vacationing, and definitely not cruising. But could it be ready for a massive comeback?
In my latest video, I break down the "High Five Setup" trading strategy, the ascending triangle breakout, and when to possibly enter this exciting trade.
Trade Idea:
Entry: $20
Exit: $17.88
PT1: $26
PT2: $30.64
Thanks for watching and for all the support! Let me know what stock or video you want to see next.
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Not financial advice.
#StockMarket #Trading #Investing #CarnivalCruise #HighFiveSetup
Celsius ($CELH) is FINALLY BOTTOMING. NOW IS THE TIME TO BUY! NASDAQ:CELH is FINALLY BOTTOMING?! NOW IS THE TIME TO BUY!
5 REASONS WHY:
1⃣ We have DIVERGENCE on the Weekly Chart
2⃣ It's a "High Five Setup"
3⃣ It's a BUY according to my Valuation Metric Tool (4/6 score)
4⃣ Growth Beast! Beaten down over 40% this year
5⃣ Find out by watching. 👇
Video analysis 5/5. Stay tuned for more!🔔
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Will Celsius finally get back on track with their growth or be defeated by the Goliath Monster?!
Sorry for the pauses in the middle of the video; my dog came in and was about to start howling 🐶🤣
Not financial advice.
$QS : A QUANITIFIED SWING SETUP! 80%+ MOVE LOOMING! NYSE:QS A QUANITIFIED SWING SETUP! 👊
NASDAQ:TSLA DEAL INBOUND?!
3 Reasons Why in this Video: 📹
1⃣ My "High Five Trade Setup" strategy
2⃣ Catalyst: #QuantumScape started shipping Battery cells to carmakers and had price target increased to $7
3⃣ Symmetrical Triangle Breakout (MM: 80%+)
Company Overview:
QuantumScape Corp, a company focused on developing next-generation battery technology for electric vehicles (EVs) and other applications.
Video analysis 3/5 dropping today. Stay tuned!🔔
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Are they gonna be a batter cell goliath in this space?! Comment below if you are a believe in NYSE:QS
Not financial advice.
AMEX:IWM NASDAQ:QQQ AMEX:SPY NASDAQ:TSLA NASDAQ:IBRX NASDAQ:UPXI NASDAQ:WULF #ElectricVehicles #TradingSignals #TradingTips #options #optiontrading #StockMarket #stocks
IS SUPER MICRO COMPUTERS ($SMCI) FINALLY BOTTOMING?! IS SUPER MICRO COMPUTERS ( NASDAQ:SMCI ) FINALLY BOTTOMING?!
3 REASONS WHY:
1⃣ We have DIVERGENCE on the Weekly Chart
2⃣ It's almost a "High Five Setup"
3⃣ Take a BREAK and find out by watching. 👇
Stay tuned for more!🔔
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Will Super Micro finally get back on track after the insane negative sentiment and news articles?!
Not financial advice.
$MBLY : MASSIVE SHORT SQUEEZE INBOUND! 28% SHORT FLOAT!!! NASDAQ:MBLY MASSIVE SHORT SQUEEZE INBOUND! 28% SHORT FLOAT!!!
This company went from a Short Float of 17% in September to a Short Float of over 28% as of 15 October, as I talked about in the video from my X post. This name is about to have a much larger move than NASDAQ:SOUN , the stock that met my "High Five Setup" trading strategy on Friday, and they had an 18% move just today! I am more BULLISH on this company and their technology in FSD and Autonomous Vehicles than I was BULLISH on $SOUN. They also have a much better setup with a much larger move looming.
3 REASONS WHY YOU SHOULD NOT IGNORE THIS NAME:
1⃣ SHORT FLOAT OVER 28%
2⃣ "HIGH FIVE SETUP"
3⃣ TOP 3 IN AUTONOMOU VEHICLES/ FSD TECHNOLOGY WITH NASDAQ:GOOGL NASDAQ:TSLA
Comment below with your thoughts on this trade. Will it squeeze this week? What other stocks do you think can check all the boxes on my "High Five Setup" trading strategy?
Stay tuned for more!🔔
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Not financial advice.
XrpUsd - Please trade this triangle!BITSTAMP:XRPUSD is again rejecting the triangle formation - time for a bullish breakout!
Just one month ago, I told you that XrpUsd is preparing a bullish rejection and a triangle breakout followed by an insane bull-market. So far this is playing out exactly as predicted and XrpUsd is outperforming 95% of all other cryptocurrencies. Please just listen to me and take a look at the triangle pattern. If it breaks then we can see a similar rally as we saw back in 2013.
Levels to watch: $1.00
Keep your long term vision,
Philip - BasicTrading
USDJPY - Trading The Ascending Triangle BreakoutAfter a nearly 2,000 pip plunge, USDJPY has found support & has started to reverse.
We ended the week not only violating an important level of previous structure resistance, but we also had a breakout & are currently retesting an ascending triangle.
This sets us up for a potential bullish (short-term) continuation opportunity & in this video I'll show you where I'm looking for price to potentially go to next.
Questions, Comments, or Views on this pair, please leave them below as I love to talk trading.
Hope you guys have a great weekend & keep you eyes out for more videos from me on this space.
Akil
ETHUSDT: Descending Triangle Signals Potential Bullish BreakoutAs the crypto market buzzes with anticipation, Ethereum (ETH) finds itself at a critical juncture. Currently trading at $3,468, ETH is poised on the edge of a significant technical formation that could dictate its short-term future. Let's dive into the charts and unravel the story they're telling us.
The Hourly Dance: Descending Triangle in Focus
Over the past 48 hours, ETHUSDT has been painting a compelling picture on the hourly chart. A descending triangle has formed, with the upper boundary at $3,480 and the lower support hovering around $3,373. This pattern, often seen as a bullish formation, has traders on the edge of their seats.
The descending triangle is like a coiled spring, with price action compressing between these two levels. Each touch of the resistance and support adds tension, potentially leading to a powerful breakout.
Technical Indicators: The Plot Thickens
Let's add some color to our analysis with a few key technical indicators:
Moving Averages: The 50-hour and 200-hour moving averages are converging, suggesting a potential golden cross on the horizon. This bullish signal could provide additional fuel for an upward move.
Relative Strength Index (RSI): Currently, the RSI is floating in neutral territory, neither overbought nor oversold. This gives ETH room to move in either direction without immediate resistance from this indicator.
The Bigger Picture: Daily Chart Bullish Target
Zooming out to the daily chart, the outlook becomes even more exciting. A successful breakout from this descending triangle could set the stage for a significant rally. The long-term price target? A mouth-watering 10% upside from current levels.
Imagine the possibilities if ETH breaks above $3,480 with conviction. We could be looking at prices north of $3,800 in the coming weeks!
Market Sentiment: Regulatory Winds of Change
It's not just the charts that are stirring up excitement. Recent regulatory updates have been sending ripples through the crypto space. While the specifics remain hazy, there's a growing sense that clearer regulations could pave the way for increased institutional adoption of Ethereum.
This backdrop of potential regulatory clarity adds an extra layer of intrigue to our technical setup. Could positive news be the catalyst that sends ETH soaring through resistance?
Trading the Triangle: Entry Points and Risk Management
For those looking to ride this potential bullish wave, here are some key levels to watch:
Breakout Entry: A decisive move above $3,480 could signal the start of a strong uptrend. Consider setting alerts at this level.
Support Entry: For the more risk-tolerant, entries near the $3,373 support could offer an attractive risk-reward ratio.
Moving Average Crossover: Keep an eye on the 50-hour and 200-hour moving averages. A bullish crossover could provide additional confirmation of upward momentum.
Remember, always use proper risk management. Consider setting stop losses below the $3,373 support to protect your capital.
#Ethereum #ETH #CryptoMarket #TechnicalAnalysis #DescendingTriangle #ETHUSDT #BullishFormation #GoldenCross #RSI #MovingAverages #CryptoTrading #BlockchainTechnology #CryptoRegulation #InstitutionalAdoption #BullishTarget #RiskManagement #CryptoNews #MarketSentiment #TradingStrategy #CryptoPriceTarget
EURAUD I Wait for breakout of descending triangle Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Netflix Descending Triangle BreakoutThank you everybody for dropping in on this trade idea setup in Netflix. Bullish descending triangle continuation pattern developing here looking like it's about to burst for next week or maybe this Friday as long as the market keeps going up. I want to make sure that I'm getting into these mega cap stocks because that seems to be the only thing that's really on an uptrend and making plays that are multi day uptrends. Another stock I'm looking at is Amazon because it seems to be basing out but I want to wait a little bit until after I get into Netflix before I jump into any other trades since I have a good amount of position size already allocated in my entire portfolio.
Unbelievable Stock Surge :How OLECTRA GREEN TECH Could SkyrocketOLECTRA GREEN TECH is known for its significant price movements, typically following breakouts. Since its initial launch, the stock has surged from 4-5 Rs to 2200 Rs, marking a remarkable +47,000% increase. Currently, there appears to be a promising opportunity as the stock consolidates within a triangular pattern. With a suggested stop loss below the 1450 Rs mark, there is potential for a minimum 30% upward movement, with a downside risk of 5% when the stock reaches support levels. Adjustments to the stop loss may be necessary during a breakout, but maintaining it around the 1450 Rs level seems prudent.
AMD - Trading opportunity is almost there!Hello Traders and Investors, today I will take a look at AMD .
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Explanation of my video analysis:
The stock chart of Advanced Micro Devices (AMD) is looking quite interesting at the moment: A couple of months ago AMD broke out of a major symmetrical triangle formation, creating another rally of roughly +100%. But at the moment AMD also already corrected roughly -40% and is approaching a major confluence of support at the $125 level from which we could see another bullish reversal and rally.
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Keep your long term vision,
Philip (BasicTrading)
TRIVENI ENGINEERING - STRONG TECHNICALLYTRIVENI ENGINEERING
The stock has a good history of technical breakouts making it to go up almost 300% twice and now being currently in the rise, there is good opportunity right now as it's being alongside at the support and breaking out of a channel consolidation too presenting a favorable entry with STOPLOSS below the support levels which would be around 15% which might sound too much but the stock has all the potential to go up to the TARGETS anywhere between 40-50% on the upside or least of 20% which is still a good catch so do consider adding this in your watchlist and plan the trade accordingly.
Meta Platforms - Watch the earnings!Hello Traders and Investors, today I will take a look at Meta Platforms.
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Explanation of my video analysis:
For more than five years Meta Platforms has been trading in a reverse symmetrical triangle formation. We saw the last retest of support back in the end of 2022 which was followed by a decent rally of +450% towards the upside. At the moment Meta Platforms is retesting the upper resistance of the triangle formation so it is quite likely that we will see at least a short term rejection towards the downside.
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Keep your long term vision,
Philip (BasicTrading)
XRP - 90% Probability trade!Hello Traders and Investors, today I will take a look at XRP.
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Explanation of my video analysis:
In 2017 XRP created a major triangle breakout and rallied more than +35.000% towards the upside. Since the beginning of 2018 XRP has once again been creating a triangle formation and is about to retest the lower support of the pattern which is perfectly lining up with a horizontal structure, creating a confluence of support at the $0.48 level. If we do get bullish confirmation, a bullish rejection is very likely to happen.
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Keep your long term vision,
Philip (BasicTrading)