Hi guys! As always, im looking for macro trends/ signals and critical movements/ developments in the markets. What caught my eye is PAYX. Today it gets the focus as it had Q3 revenue miss and its down 6% pre-market. With panic coming in, ill go over technical developments and the big picture. Lets jump in. We are in the 1 week timeframe (note this weeks candle...
Rocket Pool is one of the largest Eth liquid staking platform. Billion in total value locked, but market cap still below 1 billion. Currently back to the weekly support and the demand zone. If we see the volume we can see huge accumulation of RPL at this zone. We can get a good risk to reward entry at this levels. It will be very interesting to see when it...
Gold Xau Last Phase Accumulation incoming 👇 "Way from 1500 to 4100" (+175%) OANDA:XAUUSD ⏰ TimeFrame 1 Month 👉 Go to last phase accumulation 👉 White Trace 👉 Green Trace 👉 EMA 200 1M (White) 👉 Fib Measure as pattern "ExPanding Triangle" ( blue stick ) 👉 Potential +175% ✔️Logarithmic (Log) Chart & Fib
As the first of its kind, this young company has a bright future. Weekly chart: NASDAQ:COIN has completed its first post-IPO bottom formation and is holding above the completion line despite some selling down in recent weeks. The company reports Feb 15th. The fundamentals are most likely at or near the bottom completion level. The run up became...
NASDAQ:GOOG had a mega gap down on earnings news. The stock was simply over-speculated. The price of this stock was way above the true fundamental values. So the stock gapped down to its current fundamental value level. See the chart attached. The green rectangle outlines the last range where there were Dark Pool Buy Zones. Indicators like...
NVDA has been rangebound since June 2023 and made multiple attempts to break $500. It's been accumulating in the upper half of the zone since the beginning of December, surfing the 50 EMA, and looks ready to breakout above $500 on a volume spike. Accumulation leads to expansion, and NVDA looks primed for another leg up.
NASDAQ:NVDA moved up on the excitement around AI at the Consumer Electronics Show. We can see that Professional Traders were anticipating a breakout. The stock should be able to begin some pre-earnings runs soon, as long as revenues and earnings continue to improve. Volume Oscillators and Money Flow Indicators have been improving as Derivative Developers...
The stock is attempting to breakout from a major trend line resistance that has kept the stock in a 'downtrend' for almost 2.5years now. A close above INR 400 could mean a quick run for the stock towards INR 420 level. Above INR 420 however is the region where the stock would almost 'fly' towards INR 500. But since 420 is a prior supply zone one could expect some...
NSE:RAYMOND has again come near its trendline support. Raymond has been slipping due to internal problems of Md.
NYSE:DIS has been working on a bottom for a long time. The stock has moved up recently due to heavy buying of Dow components for the DIA and other ETFs which require Dow components. Many Families are making Disney Resorts a holiday location this year. The stock now faces stronger bottom completion resistance from the 2nd quarterly report, which sent the stock...
NYSE:DIS stock has struggled this year. However, Accumulation/Distribution on this daily chart shows accumulation over the past several weeks. This is a "shift of sentiment" pattern indicating a better earnings report is likely this time. The sideways trend is compressing and has consistent lows and highs, a common pattern for accumulation. When Accumulation...
We are seeing aggressive buying power as market structure is still maintaining to upside ==> Daily timeframe price action is above the EMA's and we see wonderful rejection in the area of liquidity as support zone ==> Price is now bounding between to upper and lower limit of the accumulation zone, now come confirmation of buy after a fakeout at the bottom for a...
The NASDAQ:AMD Weekly Chart shows that the stock had attempted to complete the long term bottom at 104. But over the past few weeks, it dipped below that bottom completion level. This week it has started move up. This provides a level of fundamental support. If it had continued downward, then fundamentals would be lower. For now, it appears fundamentals...
In April 2022, XRP began it's large and unfortunately rapid price decline. All said and done, price fell ~66%. Since then, the price has been in an accumulation range for roughly the past ~350 days forming a strong base. On Monday, March 23rd, the price action broke above the previous rallies high that was made in September 2022. However, that rally was...
The big season for vacations starts this week as schools close, graduations begin, weddings increase, and families plan big vacations this year. BKNG has had HFTs attempting to sell it down several times but it holds within a sideways trend still. This implies hidden accumulation. If it breaks to the upside, then this sideways trend becomes support. BKNG...
It seems that EGLD has formed a quite strong descending range trend on the monthly timeframe, so it is maintaining a downward movement. Currently, the price is supported upward by a range trend on the weekly this time. However, I have identified some potential zones for the long term (at least 6 months, preferably a minimum of 1 year, or until targets are...
BTCUSDT had an accumulation phase of 270 days, which is a period of consolidation before a potential move in either direction. After the breakout from the accumulation phase, the price is now heading towards the first weekly resistance level, which is at a psychological price level of $30,000. It's possible that the price may reach this level and experience a...
None of this is advice, this is what im looking at. could we maybe see that kiss at 0.31$ and see a massive upside? i know im buying the dip