This chart is pretty explanatory, and probably doesn't require much explanation. I'm bullish on this stock. I'm 90% sure Dems push cannabis legislation through as it's a bipartisan issue for the most part, and will look good for both parties pre election. Starts with credit cards and banks, imo. Don't follow green line path as gospel, it is often incorrect, but...
#Irctc make or break levels on monthly chart basics
I am not kidding! Political motivated investing could moon this thing forget P/e's cashflow This is memecoin style investing on the stock market Its happened before it could happen again particularly as we get into the election in November and inauguration in January #MAGA
The 2000 Top was still the "real" peak of the US stock market Built obviously on the expectation that the internet would change the world and teh global economy. This highlights how the market foresees the future and how market participants are forward looking. The #DownJones index is still 50% down form that peak on this chart you can multiple chart patterns...
Nifty Short , Medium & Long Term View- 26-Mar-24 to 29-Mar-24 Nifty closed at 22096 (22023) and touched low & high of 21710 & 22175 RSI and stochastics levels have improved last week (51% & 47% Respectively). Market closed almost flat last week Refer to detailed comments in the bottom on market and election outcome. Nifty IT 35188 (37517) -To continue hold...
Lux Industries chart if back-tested shows that it has traded in a range between two price points 1123 and 1559. The range is around 40% wide and today the stock has touched the bottom of the range. After touching this price it has touched 1559 in a short period of time in the past for a total 4 times. The years in which the range was covered are 2017, 2019,2020...
Election time come 2020 will decide the sustainability of the markets momentum a recent pullback seem to have been opportunity for some folks to upsize short sellers await a SPIKE or abrupt EXHAUSTION as sign of resetting back to 3k levels
Fancy selling into uncertainty? This could be a scenario for the NZD/USD in the lead up to the election in New Zealand which is way too close to call for either major political party right now (Labour vs National). Voting has been open all week and closes October 14, with the winner called the same day (but after the close of this trading week). Polls have the...
News shows Putin's party probably won parliamentary elections in Russia The Russian MICEX index rallied from 200K at the bottom (March 2020) to over 400K (Sept 2021). The index put in a small bearish shooting star last week. Confirmation would be if it broke the rising uptrend connecting lows of past few months
Y’all this is huge … during midterm elections the democrats are hoping for no republicans blowout but suddenly it will happen or too close to call. In congress it’s very unclear and too close to call what it’s going to happen. But will the republicans blowout will cause an economic crash ? Or how the Feds reserve will react to it because the next interest rate...
In this video we address potential market outcomes of the current scandal engulfing Boris Johnson's leadership. We see 3 potential outcomes, I've listed them briefly below and fully explained them in the video. Option 1 - Boris Johnson resigns quickly and Rishi Sunak becomes the new prime minister. This would be positive for the GBP Option 2 - We see a messy...
GBPUSD Intraday - We look to Sell at 1.2350 (stop at 1.2415) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. The hourly chart technicals suggests further upside before the...
Monthly chart shows you a bearish bat with possible targets for the new bull run. I can see a retrace one more time (after US election results?). It all depends on what covid19 will bring to the table for the next 6 months... rest will be history again.😊 Please feel free to comment below if you have any further questions or if you see something different. Cheers! 👍
Dear traders! USD and CHF are said to be some of the bests safe-haven assets, that retain value over downturn or "bad" news. Here is my idea on the USD/CHF pair over the coming period of time. Technical analysis: As we can see USD/CHF pair has been in a downtrend for a long time with more consolidated movement over the last periods. However, since mid-March,...
We have a higher chance of continuing lower with the bearish momentum on the $. Though we have seen a nice rejection of this support and the momentum has slowed down. Whether we see a continuation of the current trend or we break the trendline and go higher. The fundamentals this month should aid this move whichever way it goes. Interesting times...
fandumental : Since the beginning of the Corona pandemic, the dollar index has been in a bearish channel and has returned to its support level 3 years ago. With the formation of Biden's democratic government and the Democrats' monetary policies and their use of economic pyramids, we expect the dollar index to rise. technical: In daily timeframe, we see the...
Gold has had a great start to the year after enduring a difficult final few months of 2020. The yellow metal smashed through $1,900 and hasn't looked back, seeing some resistance around $1,950 but not pulling back in any significant way. The backdrop of a softer dollar is continuing to be supportive for gold, although that could be tested in the coming days...
NYSE:RGR tends to perform well in the presence of social unrest and in the face of regulatory restrictions on firearms (reflect upon the Obama years etc). The mainstream narrative of a landslide Biden victory with no election fraud seems to contradict the story playing out in the price action of $RGR. If confidence exists in a Biden victory, traders simply aren't...