EXP | Eagle MaterialsEagle Materials, Inc. engages in the provision of heavy construction materials and light building materials. It operates through the following business segments: Cement, Concrete and Aggregates, Gypsum Wallboard, and Recycled Paperboard. Scanner Idea, Buy/Long Bias.Longby techpers1
GODREJAGRO CMP 804 Weekly Flag breakoutGodrejagro is looking very strong bullish Flag pattern is forming in weekly Volumes are slightly rising. RSI strong This share can hit 1100/1200 in short term Longby ShareMaret-Shared0
Tapestry Squeezes Before Retail SalesTapestry had a big rally in the first quarter and has been consolidating since. Now some traders may see potential for a move to the upside. The first pattern on today’s chart is the January low of $35.26. The retailer tested and held that level in early August, which may suggest that support is in place. Next, a trio of bullish candles after the most recent earnings reports may reflect improving fundamentals. Third is the series of lower highs since the beginning of the second quarter. TPR is now challenging resistance at that falling trendline. Fourth, the 50-day simple moving average (SMA) is near the 100- and 200-day SMAs. Bollinger Bandwidth has also narrowed. Are prices set to move again after such tight and listless action? Finally, MACD has turned positive in the last month. Traders may consider these points with retail sales due tomorrow and the year-end shopping season coming into view. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.by TradeStation3
AVANTFEED CMP 726 Big BreakoutAVANTFEED CMP 726 Big Breakout Target Expecting 770/840Longby ShareMaret-SharedUpdated 220
LAXMI ORGANIC CMP 271 GOOD FOR SWINGLaxmi Oragnic looks good Recent volumes are nice, prety strong Near Breakout levels Soon can see Targets 300/330Longby ShareMaret-SharedUpdated 222
Adobe to 600?NASDAQ:ADBE – After gapping down on +ER I think Adobe is at a nice spot. A pullback was expected although not quite this big. If 530 can hold I think it could start gapping back up to at least 565 by weeks end. On the downside, if 530 breaks then it could head down to next support around 500 which is where I would look for longs again.by QuantumEdgeAnalytics0
Adobe to 600?NASDAQ:ADBE – After gapping down on +ER I think Adobe is at a nice spot. A pullback was expected although not quite this big. If 530 can hold I think it could start gapping back up to at least 565 by weeks end. On the downside, if 530 breaks then it could head down to next support around 500 which is where I would look for longs again.by QuantumEdgeAnalytics0
Nvidia's Symmetrical Triangle: Preparing for the Next Big MoveNvidia's share price has taken a breather over recent months, forming a symmetrical triangle pattern. This technical setup often signals a potential breakout—let’s delve into what this could mean for the stock and explore some strategies for trading it. Financial Performance: Strong Fundamentals Amidst Consolidation While Nvidia's share price has been consolidating, its financial performance remains impressive. In Q2 2024, Nvidia reported $30 billion in revenue, reflecting a 122% year-over-year increase, with net income reaching $16.6 billion. These numbers highlight Nvidia’s leading position in the AI, data centre, and gaming sectors, driven by its critical role in advanced technology applications. Despite these solid figures, Nvidia’s share price has faced some selling pressure. This is due to tempered investor expectations and production delays for its next-generation Blackwell AI chips. The company’s revenue guidance of $32.5 billion for the next quarter, though slightly above estimates, was not enough to stave off a pullback. Nvidia’s high valuation, with a forward PE ratio of 33.3 and an EV/EBITDA ratio of 47.32, has also added to investor caution. However, Nvidia's long-term growth outlook remains strong, bolstered by a 61.87% operating margin and a 60% forecasted EPS growth for the upcoming year. Technical Analysis: The Symmetrical Triangle Pattern Nvidia’s price action on the daily candle chart during the last three months has shown a series of higher swing lows and lower swing highs, forming a symmetrical triangle consolidation pattern. This pattern reflects a market in equilibrium, where both bullish and bearish forces are evenly matched. The convergence of these trendlines—the rising support and falling resistance—indicates that neither side is in full control, resulting in a narrowing trading range. While a symmetrical triangle suggests balance between buyers and sellers, it also signals price compression. As the range tightens, volatility diminishes, creating a buildup of potential energy. This compression is often a precursor to a significant breakout, as the market eventually resolves this tension. The breakout can occur in either direction, but once it does, it’s usually sharp and decisive. The key takeaway is that the longer the consolidation persists, the more substantial the breakout is likely to be when the market finally moves. Traders and investors should closely monitor Nvidia's price action as the apex of the triangle nears, preparing for a breakout that could define the next phase of Nvidia’s trend. NVDA Daily Candle Chart Past performance is not a reliable indicator of future results NVDA Weekly Candle Chart Past performance is not a reliable indicator of future results Trading Strategies: Approaching the Breakout Whilst the symmetrical triangle pattern itself can resolve in either direction, probabilities favour alignment with Nvidia’s long-term uptrend. Here are three strategies to consider: 1. Bullish Reversal Strategy: Some traders might watch out for a potential bullish reversal near the lower boundary of the triangle. If Nvidia’s share price pulls back to this support level and shows signs of bouncing—such as a bullish candlestick pattern or increased volume—it could suggest a possible trading opportunity. 2. Momentum-Based Strategy: Alternatively, traders can wait for a decisive breakout above the upper boundary of the triangle. A breakout with strong volume might suggest the start of a new trend leg higher, though this is not guaranteed. 3. Counter-Trend Downside Breakout: If Nvidia break below the lower boundary of the triangle with heavy volume, it could signal the start of a prolonged pullback. In this case, traders may consider short positions, using the breakdown as confirmation. Disclaimer: This is for information and learning purposes only. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. Social media channels are not relevant for UK residents. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83.51% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. by Capitalcom2
Technical Analysis of Centra Depo Ser (I) Ltd (CDSL)Technical Analysis of Centra Depo Ser (I) Ltd (CDSL) Key Observations from the Chart: Price Action: CDSL appears to be in a consolidation phase after a significant uptrend. The price is currently trading above its 200-day EMA, indicating a bullish trend. There are horizontal support and resistance levels marked on the chart. Technical Indicators: RSI: The Relative Strength Index (RSI) is currently below 50, suggesting that the stock may be oversold. However, it's important to monitor the RSI closely for signs of a potential reversal. Support and Resistance: Support: The 1,333.30 level seems to be a crucial support level. A break below this level could signal a potential downside move. Resistance: The 1,479.15 level acts as a strong resistance. A breakout above this level could lead to further upside. Trading Recommendations: Conservative Approach: - Wait for a clear breakout or breakdown: If the price breaks above the 1,479.15 resistance level with strong volume, it could be a bullish signal. Conversely, a break below the 1,333.30 support level could indicate a bearish trend. Use stop-loss orders: Implement stop-loss orders to limit potential losses. Aggressive Approach: Buy above 1,333.30: If the price remains above the 1,333.30 support level, consider buying with a target around the 1,479.15 resistance. Buy more above 1,146: If the price pulls back to the 1,146.20 support level, it might offer a good entry opportunity for a potential rebound. Additional Considerations: Fundamental Analysis: While this analysis is based on technical indicators, it's essential to consider the company's fundamentals (e.g., financial performance, industry trends) for a comprehensive assessment. Risk Management: Always practice proper risk management techniques, such as diversifying your portfolio and setting realistic profit targets. Remember: -The market can be unpredictable, and past performance is not indicative of future results. It's crucial to stay updated with the latest news and developments related to CDSL and the overall market conditions. Disclaimer:- This analysis is based on the provided chart and is for informational purposes only. It does not constitute financial advice. Always consult with a financial advisor before making investment decisions. Do your own research before buying this stock because I am not SEBI registered person and this is just for educational purposes. We are not responsible for your loss. Thanks for your support as alwaysLongby ForexTrader4allUpdated 6
SASOL - Long TriggeredA bullish harami pattern formed on SOL on Thursday last week causing us to place an order to go long. With today's price action, the order was triggered and we have been entered into a long position. Looking to reach a target at around the 148 level.XLongby RossLarter1
Intel's $3.5 Billion Deal: A New Dawn for the Chip Giant?Intel (NASDAQ: NASDAQ:INTC ) made headlines with its stock climbing 1.22% in premarket trading on Monday, buoyed by reports of a potential $3.5 billion federal grant to manufacture advanced semiconductors for the U.S. Department of Defense. This deal, part of the Pentagon's "Secure Enclave" initiative, could mark a major turning point for Intel as it looks to reclaim its dominance in the global semiconductor space, a market increasingly vital to both civilian and military applications. Rebuilding with Secure Enclave The $3.5 billion federal grant Intel is expected to secure is part of the U.S. government's efforts to reduce reliance on foreign semiconductor manufacturers. Intel has emerged as the front-runner for the Secure Enclave program, which focuses on developing chips for military and intelligence use. While foreign competitors like Taiwan Semiconductor Manufacturing Company (TSMC) and Samsung are also constructing U.S.-based plants with the help of the Chips and Science Act, Intel stands out due to its status as an American company with deep ties to national security interests. The funding will help Intel build and expand its production facilities across multiple states, including Arizona, Ohio, New Mexico, and Oregon, reinforcing its position as a key player in the domestic chipmaking industry. This comes at a time when the U.S. government is laser-focused on revitalizing semiconductor manufacturing and reducing reliance on Asian suppliers, especially in light of recent global supply chain issues and geopolitical tensions. Intel is also set to benefit from a separate potential $8.5 billion in grants and $11 billion in loans under the Chips Act, further bolstering its financial position. However, the disbursement of these funds is yet to commence, and the current Secure Enclave grant offers a more immediate lifeline. Intel’s broader manufacturing strategy, however, has not been without its challenges. A disappointing earnings report last month raised questions about CEO Pat Gelsinger’s global investment plans, forcing Intel to reconsider its priorities. Delays or cancellations in overseas projects may ensue, but U.S. facilities, especially those in Arizona and Ohio, are expected to proceed without disruptions. Signs of a Reversal From a technical standpoint, Intel's stock has been trading within a falling trend channel for a prolonged period. However, recent price movements suggest that a reversal could be on the horizon. As of Friday’s close, NASDAQ:INTC ended the session up 1.55%, breaking out from the ceiling of a bullish horizontal trend chart pattern. This breakout, combined with Monday's premarket rise, signals growing optimism surrounding Intel's prospects. The relative strength index (RSI) of 29.51 is another encouraging sign. A low RSI typically indicates that a stock is oversold and could be primed for a rebound. With Intel's RSI not yet entering overbought territory, there is ample room for upward momentum, especially given the positive news cycle around its government contracts and U.S. manufacturing ambitions. Key support levels for Intel lie around the $30 mark, a crucial pivot point in its long-term price action. Should the stock sustain its current uptrend, a move past $35 could set the stage for further gains. Conversely, if selling pressure resumes, the stock could revisit its recent lows, but the Secure Enclave deal may serve as a buffer against significant downside risks. The Road Ahead While Intel’s immediate future looks promising, the road ahead is not without its risks. The company still relies on Taiwan Semiconductor for some of its most advanced chips, a fact that underscores the limitations of its current manufacturing capabilities. Furthermore, Intel's ability to successfully deliver on the Pentagon’s demands will depend on its ability to innovate and scale production, areas where it has struggled in recent years. That said, Intel’s growing relationship with the U.S. government, bolstered by the Secure Enclave initiative and the Chips Act funding, positions the company well for future growth. As the semiconductor industry continues to evolve, with national security and technological leadership at the forefront, Intel has a unique opportunity to redefine its role on the global stage. Conclusion Intel’s $3.5 billion deal with the U.S. Department of Defense signals renewed confidence in the chipmaker's ability to contribute to critical industries. This deal represents a key milestone in Intel’s broader efforts to revitalize its manufacturing capabilities, while the technical outlook hints at a potential reversal in its stock price. With favorable government backing and promising technical indicators, Intel may be on the cusp of breaking out of its prolonged downtrend, offering investors renewed hope for future growth. However, the company’s reliance on external partners and the global competitive landscape remain key factors to watch.Longby DEXWireNews6666
CVX - 1W - Symmetrical Triangle BreakdownChevron has broken down from a symmetrical triangle that started in July 2022, along with its 200-day EMA. The outlook appears bearish, with a price target around USD100.Longby Mike_Trading_0
Lemon TreeLemon Tree MTF Analysis Lemon TreeI Yearly Demand BUFL 103.5 Lemon TreeI 6 Month Demand BUFL 103.5 Lemon TreeI Qtrly Demand BUFL 103.5 Lemon TreeI Monthly Demand BUFL 126.8 Lemon TreeI Weekly DMIP 125 Lemon TreeI Daily DMIP 125 ENTRY 125 SL 114 RISK 11 Target 191 REWARD POINT 66 Last High 158 RR 6.00 RR 53% Longby pradyammm1
CDSL Swing trade NSE:CDSL looking good for Swing entry with Target 1664 upside of 15%, SL 1372 Longby machoslash1112
NASDAQ: AZ | Entering into New Collection Phase A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) is seeing a breakout from its flag pattern last week. This shows a positive trend of stronger buying momentum as indicated by share price above the key EMA20 line, together with strong buying interests (as indicated by the red bars below) for AZ. For the coming week, we expect AZ to continue to challenge its key resistance of $0.80 AND $1.00, giving a Risk-to-Reward (RR) of 2.3 times based on a stop loss level below the key EMA20 line. Longby HASHInvests2000
CELSIUS BULLISHOctober is a good month to start buying this stock. We´re in a beautiful area where the price can move 100% easily in 6-8 month. Don´t waste your time. Longby SGsauragestionUpdated 7
LINDE INDIALindeindia MTF Analysis Lindeindia Corp Yearly DemandBreakout (in Process) 6790 Lindeindia Corp 6 Month Demand DMIP 6790 Lindeindia Corp Qtrly Demand BUFL (in Process) 6970 Lindeindia Corp Monthly Demand BUFL 6970 Lindeindia Corp Weekly DMIP 7656 Lindeindia Corp Daily DMIP 7006 Lindeindia Corp Daily DMIP 7306 ENTRY 7306 SL 7030 RISK 276 Target 12564 REWARD POINT 5258 Last High 9935 RR 19.05 RR 72% Longby pradyammm4
Schaeffler IndiaSchaeffler India MTF Analysis Schaeffler India Corp Yearly Demand 202 Schaeffler India Corp 6 Month Demand Breakout 3970 Schaeffler India Corp Qtrly Demand BUFL (in Process) 3970 Schaeffler India Corp Monthly Demand BUFL 3879 Schaeffler India Corp Weekly BUFL 4019 Schaeffler India Corp Daily DMIP 3876 ENTRY 3876 SL 3760 RISK 116 Target 6044 REWARD POINT 2168 Last High 4960 RR 18.69 RR 56% Longby pradyammm3
DCB Bank LongDCB (Nse) MTF Analysis DCBI Yearly Demand Breakut 126 DCBI 6 Month Demand DMIP 92.25 DCBI Qtrly Demand BUFL 119 DCBI Monthly Demand DMIP 131 DCBI Monthly Demand DMIP 117 DCBI Weekly DMIP 123.55 DCBI Daily Demand BUFL 1141 ENTRY 123.55 SL 115 RISK 8.55 Target 166.45 REWARD POINT 42.9 Last High 145 RR 5.02 RR 35% Longby pradyammm113
MUTED REACTION ON APPLEThe first interest rate cut of the cycle is finally here, we will find out what the Fed decides on Wednesday and there is a growing feeling that a 50 basis point is adjacement is possible. Whe. it comes to APPLE ,Apple Inc. (AAPL) is experiencing a mix of factors influencing its stock performance in September 2024. The company’s recent product launches, particularly the iPhone 16 and AI-powered features, were met with muted market reactions, as we await for sales data to gauge consumer demand. Despite this, many investors remain optimistic about Apple’s long-term prospects. This stock is a moderate buy in a long term. However, challenges like weaker-than-expected consumer electronics demand and global macroeconomic factors could impact its performance in the near term . We are also keeping an eye on Apple’s expansion into healthcare, as its AirPods received FDA approval to serve as over-the-counter hearing aids, which could open up a new market . Additionally, concerns about Apple’s reliance on Chinese manufacturing and the potential impact of ongoing geopolitical issues may affect investor sentiment moving forward . Shortby ForxTay3
NVIDIA (NVDA): Our Next Move After Predicting the TopJust 14 days ago, we analyzed NVIDIA and concluded that we might see a small push upward followed by a pullback. We were correct, although the last small push didn't materialize. Still, we're pretty happy that we called the top on NVDA accurately, and perhaps some of you were able to capitalize on it. If so, that makes us even happier 😄 Since our last analysis, NVIDIA has fallen by 21%, bringing us into the area where we should be looking for long positions. We're about to do just that, even though it's risky. We're planning to enter a long position on NVIDIA, with our stop loss set below the end of Wave (4) for invalidation. We don't have a specific target set for NVDA, and we'll be monitoring it closely. Given the risk involved, we won't be over-leveraging here. Let's see if we can get it right again!Longby freeguy_by_wmcUpdated 10
GALAXY SURFACTANTS - 70% ROI Potential Stock Mid Term Idea A Fresh stage 2 Multiyear Flag breakout move. Why I consider this attractive ? 1) The stock has broken out of a 3 year old consolidation zone - Flag Breakout. June 2021-Aug 2024 2) The stock as compressed for 2 months at the breakout level. 3) Overhead supply is very minimal. 4) Daily has broken out of the compression at Flag Breakout level, retested and given a good breakout again, indicating solid buyers strength. Flag targets at about 5400.Longby Rugminik4