Tesla (TSLA) has been trading within a Channel Down pattern since the July 19 2023 High (which was an emphatic Lower Highs rejection on the ATH Lower Highs trend-line of the November 04 2021 All Time High) and on our last analysis (January 12, see chart below) we called for a tight SL buy but mentioned the importance of taking the loss quickly if the April 27 2023...
TECHNICALS Symmetrical Triangle has formed on the daily since I would say 10 August 2023. There are good technical signs that a breakout to the upside is imminent. First we have a long term upward range from 2020 which the price continues to bounce off the uptrend. Second we have a trending 200MA which the price still needs to break above as it's been in...
Nasdaq100 is in strong bullish trend and there can be room for more upside within a projected intraday five-wave bullish cycle. Nasdaq100 futures recently slide as Alphabet shares drop on disappointing Google ad revenue. However, that's pretty nice textbook 17300 - 17200 support area within an (a)-(b)-(c) correction for wave "iv", so ahead of today's FED meeting,...
The last earnings report on September 30 showed earnings per share of $2.66, beating the estimate of $2.51. P/B Ratio (5.353) is normal, around the industry mean (5.180). P/E Ratio (29.715) is within average values for comparable stocks, (34.823). Projected Growth (PEG Ratio) (1.572) is also within normal values, averaging (3.115). Dividend Yield (0.030) settles...
In the rapidly evolving landscape of financial markets, Artificial Intelligence (AI) has emerged as a pivotal force, transforming traditional trading strategies into sophisticated, data-driven methodologies. This article delves into the role of AI in identifying and capitalizing on market trends, focusing on recent successes in detecting bearish stock patterns in...
buying opportunity in VGUARD stock slow momentum stock hold next 2-3month as per your analysis buying level 290-305 target 320-325-335++ stop loss-280*
Fed Reaction In the morning update for February 1, 2024, the focus is on the aftermath of the Federal Reserve's recent policy announcement. Fed Chair Jerome Powell acknowledged recent inflation but emphasized the need for more data before making decisions. The market responded with a 1.6% drop in the S&P 500, the most significant since September, although a...
NIFTY is currently heading towards the major resistance. We can plan for short at the resistance level, Wait till the budget announcement otherwise it could be risky trade.
BANKNIFTY is currently heading towards the major resistance zone. If the bank nifty opens above the resistance we can plan for a short once it breaks the level. Wait till the budget announcement otherwise it could be risky trade.
Volume Buildup after Accumulation. Above all EMA. Good for Long Term. Target 155, 220. Happy Investing ... Disclaimer : This is not a Buy or Sell recommendation. Please consult your financial advisor before making any investments . This is for Educational purpose only
Breakout at all time high . Retest done. Good for Swing. Disclaimer : This is not a Buy or Sell recommendation. Please consult your financial advisor before making any investments . This is for Educational purpose only
Rivian Automotive (RIVN) hit the $21.00 Target following our November 29 2023 (see chart below) buy call but even though it confidently broke above the Bearish Megaphone, the price corrected aggressively back even below the Higher Lows Zone: The price is at the moment coming off an oversold 1D RSI Double Bottom, naturally below both the 1D MA50 (blue...
INTC in downward trend: price dove below 50-day moving average on January 26, 2024 INTC moved below its 50-day moving average on January 26, 2024 date and that indicates a change from an upward trend to a downward trend. In 33 of 43 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are...
To understand the difference between Alphabet Inc - Ordinary Shares - Class C (GOOG) vs. Alphabet Inc - Ordinary Shares - Class A (GOOGL) it is enough to know the definitions of Ordinary Shares - Class C and Ordinary Shares - Class A Ordinary Shares - Class C - Ordinary shares Class C usually refers to ordinary shares with no-voting rights (except for the cases...
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where TSLA declined for three days, in 206 of 266 cases, the price declined further within the following month. The odds of a continued downward trend are 77%. PYTH:TSLA Technical Analysis (Indicators) Bearish Trend...
Breakout done . Good to enter at Retest. Short term Target 162 ,195, 230. Happy Investing... Disclaimer : This is not a Buy or Sell recommendation. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Eris Lifesciences Ltd. is presently engaged in manufacturing and marketing of pharmaceutical products. It has presence in high growth chronic, sub chronic and acute therapeutic areas that require high intervention of specialist and super specialist doctors. Apart from this, it has a portfolio of 112 Mother Brands across therapy areas. Eris Lifesciences Ltd CMP is...
Kotak Mahindra Bank Ltd. is the flagship company of the Kotak Group. It is one amongst the fastest growing banks and most admired financial institutions in India. The Bank offers transaction banking, operates lending verticals, manages IPOs and provides working capital loans. The principal business activities of the Bank are organised into consumer banking,...