shaxrashid

shaxrashid

$NIKE - interesting Trade. COVID pump 2x drop 50%. Still another 30% till COVID lows and 18.5% upside pre covid. NIKE is one of those names who wont vanish for another 50-100 years. It's the legacy US brand. Even a 3yr old can spot the Logo. Definitely in range for long term traders for DCA'ing this from here

shaxrashid

Apple hasn't been as amazing as the rest of the Mag 7 for 2024. But that's okay as good days are likely to comeback once it hits that strong support area towards 157-160. Economy looks strong well at least by the weekly data and if it is what Jpow says than rate cuts shouldn't matter much if it's doing well that is. We have been delayed these rate cuts and...

shaxrashid

Bitcoin has support around 37,000 Mark just above the trend line acting as support and will be looking to bounce of those levels towards the higher resistance around 48k/50k mark. A possibility of going directly towards 48k seems less likely as the recent pump is fading away. New buyers would be looking to enter the space as it moves towards support area.

shaxrashid

Habib Bank Limited just entered the resistance area and should be looking to retrace back from here towards 85-88 region. KSE 100 index is over stretched at this point with a whopping 20% + upside rally in a short period which has also entered a significant resistance area. With uncertain economic conditions and no positive news coming out of the country to...

shaxrashid

this is the Decider for hangseng. we really are in the Middle of it. if it holds this level for a week or 2 expect Fire Works coming out of China all way towards 25k-26k. and if this drops below 17k. Sell and Run bcuz it will go back to 12k-14k range

shaxrashid

Tencent has been struggling for a while to gain ground and has been in range after a sharp drop and rebound. Currently sitting at support and looks poised to move toward thr upside from here. Risk to reward looks pretty decent and once China starts to recover or stabilise its economy activity this stock is bound to go towards $75 range. The stock looks in healthy...

shaxrashid

Tesla has been on a massive bull run from its lows of 100 and a continous uptrend since that. it however has reached some resistance area and possibly should be looking back to retrace toward support and should continue its upside momentum as shown in the chart. short term downside but looks poised for another 50% rally from there.

shaxrashid

pepe has really had a great run but that might be over extended now. stop loss should be right above the last high and take should be around the highlighted area. risk:reward is pretty good on this one.

shaxrashid

ALIBABA is nearing support and should be ready for some big upside in the coming weeks/months. Analyst price targets are downside HKEX:72 upside median HKEX:150 and long HKEX:220 , considering the market is a bit shaky and volatile i would be more conscious to the downside and put an even lower downside target of about 45/50 range. however, the recent news...

shaxrashid

tesla looks well positioned to go higher from here. Downside HKEX:120 upside $275 by Year End.

shaxrashid

apple is in range bound trading and could potentially move towards 178/180 area before it takes a pounding and move towards 115/110 Area.

shaxrashid

Are we in for Trend change reversal this time in #bitcoin or the old cycle of touching the major support trend line from 2017 is going to be repeated which has always given the parabolic Notice in 2020 it gave a similar upside move of 50% -+ and crashed from 10k to 3k towards the major support line. Direction Still Undecided #bitcoin #btc #crypto

shaxrashid

#Gold is about to make some big moves, testing the pivot , is it going to be making a triple top or will it pierce through 2100 this time and move towards 2500 level. Patience can be rewarding in this

shaxrashid

interesting level bitcoin is stuck at. break above 25k next, further break 32k, breaks down 12k and eventually below 10k. DXY sitting on support if that goes back up bitcoin breaks down, if it goes side ways or break further low bitcoin rockets to 25k Earnings season : EV stocks report this week and big tech this and next week. If DATA is bad s&p and nasdaq...

shaxrashid

Fedex #fdx is in a clear sell/short range now. if the market is able to continue the momentum we could see #fdx reach 205/210 level but needs alot of liquidity to break resistance. the stock clearly respects the trend lines on the chart based on its history. likely downside levels 120 short term, 106 and lastly below 100. its best to wait and let it play out...

shaxrashid

#disney looks good at $75, 3 trend line crossing each other to show support along with 100EMA . should see a big bounce from $75

shaxrashid

twitter has recently made a sharp downside move towards 100EMA on the weekly chart which looks like will hold for a couple of upside sessions as of now as the market is over all in strong upside momentum with daily record close across the board. That being said, the over all picture for the company and stock looks a bit shaky with sharp sell off from the past...

shaxrashid

this stock has absolutely been beaten down towards the all time lows and taking a position in this company at this level can give some good rewards. The parent company WYNN RESORTS has a household name in the US in Casino and resorts segment. the company has gone through some rough patch in the last 2 3 years primarily due to Covid restrictions around the world....