Get started

Volume

My expectations vs the possibilitiesAfter the long and short played out exactly as I thought. Can we now look further into an outbreak? Whether this is downwards or upwards, it does not matter. I think from experience that if we close a 4 hour candle below the 59656.7 level. that you are more likely to make a move down. If we close a 4-hour candle above the 60366.2 level, I expect that there is a greater chance that we will go higher. The last option is that we continue to move sideways. However, I think it is less likely that a long or short at the same level entails a greater risk. That's why I'm waiting for myself or one of the moves I just mentioned. I leave it to the market to determine what the price will do.
by KoraalTheOcean
Technical Analysis of Broadcom Inc (AVGO)The stock ( AVGO ) is in a long- and medium-term uptrend. In the short term, it is undergoing a retracement phase, having been rejected twice by the POC 1, which reflects the volume area starting from November 2023, when the latest uptrend began. After the second rejection from POC 1, which confirms its strength, the price is heading towards the $171 area, corresponding to a second volume zone, POC 2. This area acts as resistance, having already rejected the stock once, and we will see if it holds again. To summarize, in the short term, the stock is retracing, using POC 1 as support and POC 2 as resistance. This phase has resulted in lower highs and higher lows, forming a pattern known as a symmetrical triangle. The symmetrical triangle is generally considered a continuation pattern, meaning that the breakout often (but not always) occurs in the direction of the trend prior to the triangle's formation. However, it can also signal a consolidation phase or market indecision. Interpretation: Bullish Scenario: If the price breaks the resistance (the descending trendline of lower highs) and moves above POC 2, this would be a bullish signal. Bearish Scenario: Conversely, if the price breaks the support (the ascending trendline of higher lows) and moves below POC 1, this would be a bearish signal. It is important to confirm the breakout with an increase in volume, as a breakout without strong volume may indicate a false signal.
NASDAQ:AVGO
by Giovanni_Bandini
USOIL : Why a 56.53% Probability Signals a Strong Bullish Move!The current global landscape presents several factors supporting a bullish bias for USOIL: Geopolitical Tensions: Ongoing conflicts in the Middle East continue to create supply uncertainties, potentially driving prices higher. Economic Recovery: As major economies show signs of improvement, demand for oil is expected to increase, putting upward pressure on prices. OPEC+ Production Cuts: Recent decisions by major oil-producing countries to limit output could lead to tighter supply conditions. Leveraging Probabilities for Strategic Positioning I'm utilizing probabilistic analysis on my charts to get positioned into longs. Here's why this approach is valuable: 1. Risk Management: By assessing probabilities, I can better gauge potential outcomes and adjust my position sizes accordingly. 2. Identifying High-Probability Setups: Probability-based analysis helps pinpoint trade entries with higher chances of success. 3. Emotional Control: Using probabilities provides a more objective framework, reducing the impact of emotions on trading decisions. 4. Adapting to Market Conditions: Probabilistic thinking allows for flexibility in strategy as market conditions evolve. By combining fundamental analysis with a probability-based approach to technical analysis, I aim to capitalize on the bullish potential in USOIL. 12M: 2W: 1H:
TVC:USOILLong
by Jasminex1x2
EURJPY Long SignalDoji Candlestick with ultra high volume on Daily & Weekly timeframe, started at 5-Aug, mean the downtrend is going to be stopped. Doji Candlestick have been broken up next week of 5-Aug Consolidation (price correction) started since 15-Aug till now price it closed to 0 Fibo percent, which is strong support level of the price on weekly and daily frame. enter buy when find weak shape, - could be on very low volume on daily time frame, enter next day - or divergence on 4H time frame support long signal (buy) Target T1 @ 163 T2 @ 165.6 the direction could stay long, but we have to wait the price behaviour at 165.6
Long
by FDamra
Short BTCAfter Bitcoin retraced nearly 19% from its recent highs, I believe it hasn’t yet reached the average cycle correction of around 22%, which could take the price down to about $57,500. In a more bearish scenario, the correction could deepen to 25%, or even extend toward $50,000​. Factoring in U.S. Federal Reserve interest rate cuts, will drive short-term volatility, it is likely that it will lead to market downturns before any stable recovery​. Even if BTC does put higher and reach near $65,000,the short term upside would be capped as major selling pressure is likely to appear there. This makes the $60,500 level a reasonable point to short with a target of around $59,000 at the 200EMA.
Short
by Dr_Wallstreet
4
Completion of the correction of the dollar index DXY.H4 13.09.24Completion of the correction of the dollar index DXY The dollar index has completed its upward correction and now we are waiting for a downside downdraft on the Fed on the 18th of September. In fact, the currency futures expiration has now passed and the gap that you see in the quotes is caused by a large divergence of forward point, that is a purely technical picture. Some suppliers may have different quotes by the numbers. From current levels +- I expect a correction up again and a continuation of the fall after Powell's speech on Wednesday 18 September. I do not set targets at the low yet, I will be looking at it in the process
TVC:DXYShort
by KovachTrader
1
NAVA LTD - A Diversified Investment OpportunityCore Business: - **Metals:** Nava Limited is involved in the production of ferro alloys, including Silico Manganese Alloys and Ferro Silicon. The company operates ferro alloy plants in Telangana and Odisha, India. - **Energy:** The company has a significant presence in the energy sector, primarily through its subsidiaries such as Nava Bharat Energy India Limited (NBEIL) and Maamba Collieries Limited (MCL). These entities operate power plants, including a 150 MW plant in Telangana and a 300 MW plant in Zambia. - **Mining:** Nava is engaged in coal mining, particularly through MCL in Zambia. The mining division also explores other minerals like magnetite ore. - **Agribusiness:** The company has ventured into agribusiness, focusing on avocado plantations in Zambia. This project is managed by Nava Avocado Limited. - **Emerging Businesses:** Nava is diversifying into healthcare services, especially in Singapore and Malaysia, and other innovative business initiatives. Global Hue: - **Geographical Presence:** Nava has a global footprint with operations in India, Zambia, Singapore, Malaysia, and Côte d'Ivoire. This global presence is a key aspect of its business strategy, enabling the company to leverage diverse markets and resources. - **International Subsidiaries:** The company has several international subsidiaries, including Nava Bharat (Singapore) Pte. Limited, Maamba Collieries Limited, and Nava Resources CI, which facilitate its global operations. Investment Perspective Qualitative Analysis: 1. **Diversification:** Nava's diversified business portfolio across metals, energy, mining, agribusiness, and emerging sectors reduces dependence on any single market, making it a more stable investment. 2. **Financial Performance:** The company has achieved significant financial milestones, including becoming long-term debt-free and reporting record revenues and profits. This indicates strong financial management and resilience. 3. **Operational Efficiency:** Nava has demonstrated operational efficiency improvements, such as cost optimization in its metals and energy segments, which contribute to its profitability. 4. **Sustainability and CSR:** The company's commitment to sustainability and corporate social responsibility (CSR) aligns with global ESG standards, which can attract socially responsible investors. 5. **Innovation and Adaptability:** Nava's ability to adapt to market challenges and innovate across its business segments is a positive indicator for long-term growth. Quantitative Information: 1. **Revenue and Profit:** - **Consolidated Revenue:** `3,818 crores for FY 2023-24, a YoY growth of 8.2%. - **Consolidated Profit:** `1,256 crores, the highest in the company's history. 2. **Financial Metrics:** - **EBITDA Margin:** 46.9% for FY 2024, indicating resilience in consolidated operations. - **Debt Repayment:** MCL repaid long-term debt of US$ 314.4 million, making it debt-free. 3. **Segment Performance:** - **Metals:** Despite challenges, the segment demonstrated resilience with strategic shifts to Ferro Silicon production. - **Energy:** NBEIL's 150 MW plant operated throughout the year, supported by bilateral contracts and remunerative tariffs. - **Mining:** MCL's coal sales increased by 35.3% YoY, contributing to free cash flows. 4. **Dividend Payout:** - **Dividend:** Recommended dividend of 200% (`4.00 per share of `2/- each) for FY 2023-24. Risk Analysis 1. **Market Risks:** - **Export Market Fluctuations:** The metals segment faced reduced demand in the export market, affecting realizations. - **Competition:** The mining division faced competition from newly opened coal mines nearby. 2. **Operational Risks:** - **Raw Material Handling System Breakdown:** The Odisha operations experienced a breakdown in the raw material handling system, affecting production. - **High Coal Costs:** The 114 MW power plant in Telangana faced high coal costs from Singareni Collieries, impacting generation and sales. 3. **Regulatory Risks:** - **Compliance:** The company must comply with various regulations, including those related to environmental and social governance. 4. **Financial Risks:** - **Loan Repayments:** Delays in loan repayments from subsidiaries, such as NBEIL, though managed within the group, could impact credit profiles if not managed carefully. Value and Growth Investment **Value Investment:** - **Debt-Free Status:** Achieving long-term debt-free status at both standalone and group levels enhances the company's financial stability and reduces risk. - **Consistent Dividend Payout:** The company's policy of consistent dividend payout provides a stable return for investors. - **Operational Efficiency:** Cost optimization and efficiency improvements across segments contribute to sustained profitability. **Growth Investment:** - **Diversification and Expansion:** Nava's expansion into new sectors like agribusiness and healthcare, along with its global footprint, offers potential for future growth. - **Innovation and Adaptability:** The company's ability to innovate and adapt to market challenges positions it for long-term growth. - **Strategic Initiatives:** Initiatives such as backward integration in mining and the development of new products in the metals segment are expected to drive future growth. Overall, Nava Limited presents a balanced profile for both value and growth investors, with its strong financial performance, diversified business portfolio, and commitment to sustainability and innovation. However, investors should be aware of the operational and market risks associated with the company's diverse business segments.
NSE:NAVALong
by stocktechbot
SMH tests major resistance levelSMH has rallied nicely the past 2 days and now reached major downward resistance level again. This is a crucial area for SMH to break in order for more rallying to continue Resistance defined well during late August ETF now presses up against resistance again Volume declines as resistance is reached. Overall I am expecting a reversal to start forming around here. Figure on SMH testing the level before retracting back down to lower levels again.
NASDAQ:SMHShort
by ratchet-mint