Market Context: Following a sharp two-day reversal, THETA appears poised for a potential continuation if it holds the next support level. A slight pullback to around $1.10 may present a solid entry for a long position. Trade Setup: Entry: Around $1.10 Take Profit: First target: $1.22 Second target: $1.35 - $1.45 Third target: $1.55 - $1.70 Stop Loss: Just below...
Company Overview: Nu Holdings NYSE:NU , a leading digital bank in Latin America, is rapidly expanding its footprint across the region, leveraging innovative fintech solutions to drive growth in underbanked markets. With a mission to offer simple and accessible financial services, Nu Holdings continues to strengthen its presence, especially in key markets like...
Company Overview: Coinbase NASDAQ:COIN is one of the largest and most recognized cryptocurrency exchanges globally, offering a wide range of services, from retail trading to institutional crypto solutions. The company has focused on strengthening its position in the crypto ecosystem by targeting both retail and institutional investors. Key...
Technical Overview: Ascending support trendline: Solana (SOL) has maintained a consistent upward trajectory since September, forming higher lows that reinforce the bullish trend. Resistance Zone: SOL is now testing the critical $180-$190 resistance area, which forms part of a saucer formation, a pattern that often precedes strong upward moves. Key Levels to...
Company Overview: Marathon Digital Holdings NASDAQ:MARA is a key player in the cryptocurrency mining sector, particularly focused on Bitcoin production. The company has shown resilience and operational strength in its mining activities, making it well-positioned for future growth. Key Developments: Positive Analyst Ratings: Analysts from Macquarie and Cantor...
Company Overview: Argenx NASDAQ:ARGX is making significant strides in the field of autoimmune treatments, especially following the FDA approval of VYVGART Hytrulo for chronic inflammatory demyelinating polyneuropathy (CIDP) on June 21st. This approval not only enhances Argenx's product portfolio but also opens up new revenue channels for the company. Key...
Market Context: SUPER has retraced to a significant support level, presenting a favorable entry for a potential rebound. With the price holding above support, the risk-to-reward ratio looks promising if this level sustains. Trade Setup: Entry: Around $1.15 Take Profit: First target: $14.00 – $15.00 Second target: $18.00 – $20.00 Stop Loss: Below $1.095 (daily...
Bitcoin retested its all-time high (ATH) area near $73,777 last night but faced a rejection, resulting in a slight retracement to its current trading level around $71,900. This price action is a pivotal point, as a successful retest of the ATH could either: Break Through – capturing short sellers' stop losses above this level and potentially flipping the ATH area...
Company Overview: Uranium Energy Corporation AMEX:UEC is strategically positioned for growth with the restart of its in-situ recovery (ISR) uranium production at the Christensen Ranch project. This project commenced sending resin to the Irigaray Central Processing Plant in August 2024, marking a significant step in UEC’s operational ramp-up. Key...
Market Context: SEI’s recent price action is suggesting a potential reversal with a Change of Character (CHoC) confirmed by a higher high and a retest of the $0.35 resistance as support. A reclaim of the 200 EMA as support would add strength to the upward continuation outlook. Trade Setup: Entry: Around $0.40 Take Profit: First target: $0.63 Second target:...
Market Context: MYRO has reclaimed the $0.10 level, flipping former resistance into support and signaling a structure shift to the upside. This provides a solid entry zone with a favorable risk-to-reward ratio as the setup targets mid-range and higher levels. Trade Setup: Entry: Around $0.11 Take Profit: First target: $0.16 Second target: $0.22 Third target:...
Market Overview: STX has been consolidating within a range established since June, currently testing potential resistance in the October 25th bearish gap ($1.701–$1.768). Bulls are showing strength in this zone, hinting at the possibility of a rally, especially if traders begin "selling the news" following an upcoming release. Key Levels to Watch: Resistance...
Introduction: The ratio between investment-grade corporate debt (LQD) and 3-7 Year Treasuries (IEI) serves as a key measure of market liquidity, carrying important implications for the stock market. When this LQD-to-IEI ratio rises, it indicates stronger market liquidity, typically reducing the risk of a stock market downturn. Monitoring this ratio can provide...
Introduction: The performance ratio between the communications sector (XLC) and the technology sector (XLK) highlights two of the market's leading sectors, both of which feature overlapping companies. While XLC has been a strong performer for much of the year, it has recently shown signs of weakness, even lagging behind traditionally defensive sectors like...
Introduction: The commodity sector spans various areas, including energy, agriculture, livestock, and metals. However, focusing on the most promising areas can lead to more effective investment strategies. One key ratio to monitor is gold AMEX:GLD versus a broader commodities basket (DBC). This ratio is especially relevant for those interested in hard assets, as...
Company Overview: Zebra Technologies NASDAQ:ZBRA is making significant strides in AI integration within its enterprise asset intelligence and data capture services. The company is positioning itself as a leader in AI-driven innovation, with broad applications across multiple sectors. CEO Bill Burns has emphasized the strong rebound in enterprise mobile...
Market Context: AR is holding above a critical level with low volatility, suggesting a potential expansion soon. This offers a good entry opportunity. Trade Setup: Entry: Around $18 Take Profit: First target: $24 Second target: $30 Stop Loss: Below $16.5 This trade is positioned for potential breakout and expansion. #AR #Crypto #Trading #Volatility
Market Context: NEAR has retraced to a major support level, providing a favorable long spot trade opportunity. Trade Setup: Entry: Around $4.50 Take Profit: First target: $5.00 – $5.55 Second target: $6.50 - $7.00 Stop Loss: Below $3.90 This setup aims to take advantage of the strong support for a potential bounce. #NEAR #Crypto #Trading #Support