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Uptrend

HRHO, EGX, To target 21.4 , 25.2 in few weeksHRHO, Egypt On the daily chart, the technical indicators RSI and MACD are showing positive up direction. Once the stock crosses up 20.4, easy target will come 20.7 and 21.4 Above this resistance zone, we will have 25.2 in few weeks. Note 1: Stop loss at 19 should be considered - short term, and at 14 after 25% discount Note 2: The coming free stocks distribution will affect the prices. But, this stock will most probably discount and then rebound quickly.
EGX:HRHOLong
by snour
2
📊 What are Swing Points?📍Types of Swing Points A swing point on your chart is simply a turning point for price in the past, either to create a considerable pullback into an established trend, or to reverse it altogether. When a turning point creates a mere pullback it can be classified as a minor swing point. When it creates the base to reverse a trend, it is classified as a major swing point. 📍Why are swing high and swing low formed? A swing high and swing low is formed due to what is known as support and resistance. The technical explanation for support and resistance is as follows: 🔹 A support forms for the price when you notice that there are more buyers than sellers at a certain price. The demand for the asset or the stock overwhelms the supply and thus pushes price higher. 🔹 A resistance forms for price when you notice more sellers than buyers at the price level. In this case, price fails to move higher and therefore declines. Swing points are key levels we use in TA to identify potential trend reversals and support/resistance areas in the markets. Swing highs represent peaks in price movement , while swing lows represent valleys or troughs. You can find swing points by studying price charts, identifying peaks and valleys, and plotting them on the chart. By connecting swing points with trendlines, you can analyze patterns and assess potential support and resistance levels. Combining swing points with other technical indicators can enhance trading decisions. It's important to consider different time frames and use swing points as part of a comprehensive analysis approach. 👤 @QuantVue 📅 Daily Ideas about market update, psychology & indicators ❤️ If you appreciate our work, please like, comment and follow ❤️
Education
by QuantVue
1
Get Ready for a Golden Ride! Buy Signal on Gold Daily Chart 📈The bullish setup on Gold is sparking excitement as price follows a clear Elliott Wave pattern. With the fourth point of the wave in place, it's time to buckle up for the next wave, which could potentially take us to around the 2200 mark. Adding to the bullish sentiment, Gold has been oscillating within an ascending channel in recent weeks, providing further confirmation for this setup. Notably, the RSI indicator is signaling an oversold condition while maintaining an overall uptrend, suggesting an impending bullish impulse. Let's ride the wave and make the most of this glittering market trend! Feel free to share your toughts in the comments section, follow me for updates and dont forget to press the like button if you think this insight was helpful✨🚀💰
TVC:GOLD
by Thomas_Zito
6
AMD Target $132 - Pump expected soon🐂 Trade Idea: Long - AMD 🔥 Account Risk: 1.00% - 5.00% 📈 Recommended Product: Knockout / Option (for 1.00% position) or Stock (for 5.00% position) 🔍 Entry: +/- 108.00 🐿 DCA: Yes, down to 102.89 😫 Stop-Loss: 93.05 🎯 Take-Profit #1: 132.82 🎯 Take Profit #2: 150.00 🎯 Trail Rest: Yes (trail after TP #1) 🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no matter how good they look. Do not get a victim of FOMO, there is always another trade idea waiting. 🚨🚨🚨 If you like what you see don’t forget to leave a comment 💬 or smash that like ❤️ button! — AMD hit a larger weekly resistance zone around 132.00 and retraced from there building a double top and a break through the former local low at around 116.00. We might see a move up to that yellow resistance at 116.00 before we finally go south into the support zone. Unless that former high at 102.89 isn’t broken together with that trend line we remain bullish and expect a continuation of that uptrend. — Disclaimer & Disclosures pursuant to §34b WpHG The trades shown here related to stocks, cryptos, commodities, ETFs and funds are always subject to risks. All texts as well as the notes and information do not constitute investment advice or recommendations. They have been taken from publicly available sources to the best of our knowledge and belief. All information provided (all thoughts, forecasts, comments, hints, advice, stop loss, take profit, etc.) are for educational and private entertainment purposes only. Nevertheless, no liability can be assumed for the correctness in each individual case. Should visitors to this site adopt the content provided as their own or follow any advice given, they act on their own responsibility.
NASDAQ:AMDLong
by LGNDRY-Capital
1
BTC ANALYSIS 5/7/23BYBIT:BTCUSDT.P Hey guys after a few days away from the charts i am now back! i did an awesome 10km run on sunday morning and then have been unavailable since then SO it feels good to beback and lets get stuck into our first BTC analysis back. I am keeping this very extra basic right now because i have been away i dont just want to go and rush into something so im thinking this is still a crucial point and we could spike up a fair amount ALTHOUGH the OB on the left has us stuck so i will be letting this play out for now until i make any moves (still should be room for scalps) so we can look at scalping but all in all still looks great! i will touch base on this later on when my mind is more refreshed. Thanks guys.
by fusfamily
1