NYSE:M is in a downtrend channel but I think there is a long opportunity as long as it holds the 15.9 level with targets of 19 and 22.65 -Falling Wedge breakout and retest wedge-line as support -Bottom of channel bounce with strong green candles -Buying volume vastly outweighs selling volume from trend -RSI showing momentum with plenty of room to run Good idea...
Analyzing the options chain of WIX prior to the earnings report this week, I would consider purchasing the 75usd strike price Puts with an expiration date of 2023-5-19, for a premium of approximately $1.70 If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
Company: Northrop Grumman Ticker: NOC Exchange: NYSE Sector: Defense Introduction: Hello, and thank you for reading this analysis. Today, we focus on Northrop Grumman (NOC) on the NYSE. The weekly chart shows a potentially significant head and shoulders pattern that deserves our attention. Head and Shoulders Pattern: The head and shoulders pattern is a...
Company: Lam Research Corporation Ticker: LRCX Exchange: NASDAQ Sector: Technology Introduction: Greetings, and welcome to today's technical analysis of Lam Research Corporation (LRCX) on the NASDAQ. We're focusing on a 13-month-old inverted head and shoulders pattern, suggesting a potential bullish breakout. Inverted Head and Shoulders: The Inverted Head...
Ada is at the bottom of its Rising Parallel Tunnel. Great opportunity to open a Long Position with very short Stop-Loss. Win/Loss Ratio is amazing. All Take Profit Targets are on the graph(market yellow). Follow us to see more Trading Setups.
Company: Sony Group Corporation Ticker: 6758 Exchange: TSE Sector: Electronics Introduction: Hello and thank you for taking the time to read my post. Today, we analyze the daily chart of Sony Group Corporation, focusing on an interesting combination of two price patterns, an inverted head and shoulders and a cup and handle pattern. This combination provides...
Company: HP Inc. Ticker: HPQ Exchange: NYSE Sector: Technology Introduction: Hello and thank you for taking the time to read my post. Today, we analyze the weekly chart of HP Inc. (HPQ), focusing on an interesting price pattern, an ascending triangle as a reversal pattern. Although rare, ascending triangles can indeed act as reversal patterns, offering...
Company: Marsh & McLennan Companies Ticker: MMC Exchange: NYSE Sector: Financial Services Introduction: Hello and thank you for taking the time to read my post. Today, we analyze the Marsh & McLennan Companies (MMC) chart on the weekly scale, focusing on a classic price pattern called the "Rectangle Pattern." Marsh & McLennan Companies is a global...
As we see Amazon break through the cloud to the downside we should expect more downside to come into next week.. I would play this to the downside until, or if we break the horizontal line which is resistance to the upside. It is possible we test that line and then break down or we just see it keep breaking down from the price it is at now. The good thing is we...
Dero is a privacy-focused cryptocurrency that aims to provide fast, secure and anonymous transactions utilizing innovative blockchain technologies. The focus is on enhanced Privacy and Smart Contracts while maintaining the transparency and security of the blockchain. DERO is the first crypto project to combine a Proof of Work blockchain with a DAG block structure...
expect a pump on mbl from my pov i recommend to start buying
Hey tradomaniacs, looks like we are going to get a nice buy-signal for EUR/AUD as soon as the breakout of the trendchannel of the lower timeframe happened. As soon as we get momentum and eventually an FVG which has to be closed by a pullback, we could consider to go long in this scenario. A strengh in USD aswell as rising Yields might cause upcoming downmoves...
Following the previous analysis, It seems that the resistance in 2.39$ is broken, We are now waiting for the price to stabilize above this area on the daily time frame. If it happens, due to the growing of OP/BTC we will expect that price jump above 3.2$ in incoming days. Good luck👊🏿
Hello traders🖐🏿 OP is trying to break its resistance in 2.4$. I think it can be accomplish this time, if this break happen, price grows to 2.64$, that is a key resistance, because 2.64$ is level of upper edge off symmetrical triangle that formed in last weeks. The break of 2.64$ will start a bullrun till 4.2$ as a new ATH. Now the momentum of price movement is...
XLM has broken back above old support. History shows us that every time it has reached the above resistance. If it was to retrace and show that it held support, then I would take the long to the above resistance. I will update if the opportunity arises so make sure to follow!
Hi Traders. This is my personal opinion about FRR and Don't Use It As A Financial Advice. Based On Many Reasons, I believe FRR Will Experience A Sharp And Huge Upward Move Soon. Targets : 0.00016 0.0025 1- As You Can See In The Chart Below, It Touches The 1.618 Trend-Based Fib Extension With The Most Huge Volume That Ever Recorded For FRR. 0.0001 IS Also Known...
Hello Team, This week we look at a small cap cryptocurrency opportunity. "Presearch" is a decentralized search engine which has the ability to generate their token for essentially "free" when using the search engine. They also have "Nodes" which the system operates on. We have broken out of the downtrend and are at a 87% loss. Remember to Buy Fear no Greed. Enjoy!
After break of market structure and a previous bull run, it formed a bullish flag pattern & now is at resistance, from where it can give a good breakout for next bullish trend continuation.