Intel looks interestingNot the prettiest chart out there, but I'm starting to watch to see if the cup and handle may come to fruition.Longby jbs20162
TORRENT POWER LTD S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA: If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions. by zenthosh2
IEX Let's see it work or notRSI below 60 monthly basis resistance 165 golden cross over Higher high higher low forming Moving Average in line forming 20 / 50 / 100 (still below 200) / 200 major support 138 anything else need to watch yes last but not least sentiments Longby ManojTembulkarUpdated 18
GULF OIL S/R Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA: If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions. by zenthosh112
Incoming Bullish Pineapple Energy Big speculative play here but I could see a gap fill move towards the upside happening in the next coming weeks to months. Stay tunedLongby MMMMan221
MSFT: Top Signal Below Resistance?Looking at MSFT's daily chart, the price action shows a strong upward movement recently, breaking above the key resistance level at $426.79 and reaching the next resistance at $441.48. The 21-day EMA is currently trending upward, supporting the bullish momentum. However, the price is now pulling back slightly from the $441.48 resistance level, which might indicate short-term profit-taking or consolidation after the strong rally. A sustained breakout above $441.48 would indicate further bullish potential, but the price needs to stay above this key point to maintain this momentum. If the price materializes a top signal, the next support would likely come around $426.79, the previous resistance level, now support - Princciple of Polarity. On the hourly chart, MSFT is moving within a well-defined ascending channel, with the price bouncing between the channel's support and resistance lines. The recent pullback from $441.48 suggests a minor correction within the channel, but as long as the price remains above the channel's lower boundary and the 21-hour EMA, the uptrend remains intact. Overall, MSFT is in a bullish structure, but the immediate test will be how it reacts to the pullback from the $441.48 resistance. A breakout above this level would confirm continued strength, while a failure to hold the short-term support levels could signal further consolidation or correction. For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions. Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation. “To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore All the best, Nathan.by Nathan_Black6
MU: Micron Inc death crossThe purpose is to analyze DEATH CROSS impact on MU day chart. It is remarkable that this time a death cross print is almost simultaneously by both 50&200 EMA and 50&200 SMA with a lag of just one day. As a rule, I look for a death cross whichever moving average pair print it earlier, as the other pair would be typically too late to the show (it can be 'either or' depending on magnitude of most recent price actions for EMA pair). This time both pairs print it simultaneously and I would argue that this time both are REMARKABLY late! As a matter of proof, I analyzed RELATIVE slope of MU bear markets that with a death cross, versus percentage the price had yet to retreat since the death cross print day until bottomed. There were approximately few of them (scroll back the chart to certain periods indicated below). November’14 – February’16 ~65% May’18 – December’18 ~32% April’21 – October’21 ~12% January’22 – September’22 ~30% And current June’24 – September’24 ??? On the right hand side of the chart, relative slopes of each bear market trendline are given. Looking at a relative steepness and rapidness of the June – September decline comparing to past periods, I would consider that this time both pairs of moving averages are lagging way behind and the death cross is too late to the show to indicate any extra percentage of price decline. i.e. the stock has bottomed and is already in upswing. Longby mike_volk4
VVOS pre market gainerI know it is too early to say anything, but me thinking VVOS as a pre market gap at 3.60 could be a good trade. Stop loss at around 3.Longby findalphas1
Short term uptrend - NECLIFE Entry possible when day candle close above 39. Upcoming targets : 45/47/58Longby jithinvt07Updated 1117
IEX S/R for 18/9/24Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA: If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions. by zenthosh5
EBAY is about to hit 64 soon and may grow furtherEBAY is about to hit 64 soon and may grow further During the end of May'24, Ebay broke out of a strong weekly structure zone found near $52. The price has been above this are for about two months. On Wednesday, July 30, '24, Ebay will report earnings, which could be one reason we could see the stock resume its uptrend again. We should not forget that Ebay has been reporting positive data for a long time. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️Longby KlejdiCuniUpdated 6641
RPOWER langda ghoda chalega kya ?Green power stock are moving But Debt 20 k Cr Market Cap 8 k Cr ROE minus 11.8% ROCE plus 3.42% 3 years cash flow positive 11 k cr Daily RSI 52 weekly and monthly above 60 if sustain above 25 then expected level 39by ManojTembulkarUpdated 1159
Move pending?FMCG stocks are rallying. The reasons, be it sector rotation, Rural demand pickup signs, Safe during recession. etc. Nestle India and some FMCG stocks didn't move much. I already invested in ITC & Hind. Unilever. So, want to trade Nestle India. There are some -ve news like high added sugar, competition for this company. So the move can be either ways but we will get to know only after the price is moved. Added 20@2500 with SL of 2300. Expecting 15-20% move by next year. Longby RS_VUpdated 1
HalfTrend with EMA 55 EMA 55 tells you the market direction the half trend indicates your entry or exit Entry/Exits only when there exists two/three successive candle closes above or below the Half trend line by waledroid111
TSLA - Ready for next leg upThis chart highlights a clear reaccumulation structure, following Wyckoff’s method. Here’s a breakdown of each phase, with vector candles confirming the price action. PS (Preliminary Support): Initial buying interest begins after a downtrend. Volume increases as smart money steps in to absorb supply, marking the start of reaccumulation. BCLX (Buying Climax): The price surges higher, forming the upper boundary of the trading range. Larger bullish vector candles and high volume indicate strong buying pressure but a temporary exhaustion of demand. AR (Automatic Rally): The price moves downward, establishing the lower boundary of the trading range. Volume decreases as selling pressure is absorbed by buyers, with bearish vector candles forming. ST (Secondary Test): The price tests the range but doesn’t reach the BCLX high. Lower volume and smaller bullish vector candles indicate that demand is building as supply diminishes. Creek: The price drifts lower under sloping resistance (the Creek), unable to break above. Alternating small vector candles and low volume show indecision as buyers and sellers remain balanced. Spring: The price briefly dips below support, forming a bear trap. Large bearish vector candles with long wicks confirm a swift recovery as demand absorbs remaining supply. JAC (Jump Across the Creek): The price jumps above resistance. Larger bullish vector candles and increasing volume signal buyers have regained control. Test: A low-volume pullback tests new support. Smaller vector candles show that selling pressure is weak, confirming the market’s readiness to move higher. SOS (Sign of Strength): The price breaks out of the trading range with strong bullish vector candles and increasing volume, signaling the start of a new bullish trend. LPS (Last Point of Support): The price falls to the lower boundary, confirming support. Smaller bearish vector candles with declining volume show that selling is minimal and buyers are stepping in to accumulate shares. Key Observations: Price Finding Support Above Resistance: After retesting the previous resistance, the price holds, with smaller vector candles confirming weak selling pressure. This signals that the market is poised for a move higher. Increasing Buy Volume After LPS: The upward move following the LPS is accompanied by rising buy volume. Larger bullish vector candles confirm growing demand, indicating that the market is ready to break out of the reaccumulation range. Role of Vector Candles in the Reaccumulation Phase Vector candles provide clear insight into the shifting momentum between buyers and sellers during each phase. Larger, stronger green candles during the JAC and SOS phases confirm the strength of the bullish move, while smaller candles during the Test and LPS phases suggest that selling pressure is fading. This visual representation of market dynamics supports the view that the reaccumulation phase is complete, and the market is ready for another bullish leg.Longby OnlyProfits8883
NVIDIA _ Corporation_ Trading _ Entry _ Strategy + Update _ on _NVIDIA _ Corporation_ Trading _ Entry _ Strategy + Update _ on _ Previous _ Numbers. Numbers pretty much stay as same as previous published, same as 12 will come again tomorrow! Retest = Entry level depending on a support confirmation over previous resistance = Yesterday. Most likely will start ascending from the following key level, $112.54 to $109.92. ________________________ 1st Trade executed level = $124 follow by $128.93 Lower Mid Retest then will finish at the 1st Distribution price = $137.78. ________________________ Watch for lower data as there is a small Retest is missing = Purpose of repeat cycle over Quarter 2 for arrival of Quarter 4! by Skill-Knowledge-Conduct1
MRNA - Moderna, Inc.Moderna, Inc. engages in the development of transformative medicines based on messenger ribonucleic acid (mRNA). Its product pipeline includes the following modalities: prophylactic vaccines, cancer vaccines, intratumoral immuno-oncology, localized regenerative therapeutics, systemic secreted therapeutics, and systemic intracellular therapeutics. The company was founded by Noubar B. Afeyan, Robert S. Langer, Jr., Derrick J. Rose and Kenneth R. Chien in 2010 and is headquartered in Cambridge, MA. Longby Esmail_from_Kuwait2
TREND REVERSAL IN ASTRALLong Term Trendline Broken We can expect W pattern above 1980 RR Favorable at CMP Longby tradingwithlogicsUpdated 2
4 hr rsi divergencePrice is at near all time lows with clear support down here. They have just launched their new AR glasses, not a game changer but may be a catalyst to get people interested in the stock. Look a relative low risk trade down here by RIckAshby1
Is it SNOWing?Alright, nothing too crazy, but its worth noting that SNOWFLAKE has flashed what looks to be a TRIPLE BOTTOM. I don't have a lot of confidence in this though. It looks like its gearing down towards its resistance at 110 again. I will be watching this for the next month or so. I think another break of that resistance could push it down into some unmarked territory of all time lows. However if it doesn't drop anymore, I could see a nice lil reversal setting up a channel into the mid 130's.by jbs20162
HAVELLS HAS BROKEN THE ALL TIME HIGH !Havells has recently reached an all-time high and has maintained its price above this level. You may consider entering the market at this point or wait for a potential pullback to the 1950 price level before deciding.Longby Kartik_Elkunchwar3
QUESS Looks good CMP 730Strong chart recent Volumes are good, RSI Strong looking good for 788/862 QUESS Short to mid term targets 900+Longby ShareMaret-SharedUpdated 335