JP Morgan Chase (JPM) has been trading within a Channel Up pattern since the October 12 2022 market bottom. Currently it is on a relentless rally since the October 27 2023 Higher Low, which is technically the Bullish Leg towards the Channel's top and new Higher High. The peak points of the previous two main Bullish Legs of the Channel Up, took place when the 1D...
2023 has been a thrilling year in the financial markets with fears of a recession with rising inflation and continued interest rates hikes, WHAT A YEAR! but even with the trials and tribulations many investors have faced sailing the deep seas on the financial markets here are the top 5 biggest one-year percentage gains on the NASDAQ Exchange 2023 : 1. Jin...
Solara Active Pharma is a pure API play in the pharma sector. They offer a full spectrum of contract development and manufacturing solutions to clients worldwide powered by its Research & Development (R&D) Centre. The negative aspects of the company are promoters deceasing stake Q onQ and high pledging. Positive aspect of the company is increase in net profit Q...
Greaves Cotton Ltd.CMP 144.45 is an Indian conglomerate engineering company that manufactures Clean-tech Powertrain Solutions for petrol, diesel and CNG engines and heavy equipment. The company has taken strongly into E-Mobility business by launching its own range of Two wheelers. Negative aspects of the company are high valuations (Negative PE), MFs decreasing...
Hello,Traders! APPLE broke out of the Bearish wedge after the Retest of the horizontal Resistance of 198.00$ So I think that we will See a move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Technical Analysis and Outlook: The S&P 500 index exhibited continued strength by rising above our Completed Inner Index Rally 4713 with the violent retreat on Wednesday to this strategic price level. The main target is our central Key Res 4800 and Outer Index Rally 4807, completed on June 4th, 2022. However, some concerns about a market squeeze from the newly...
Hey guys, As we can clearly see there is many reasons why there is a high probability of NYSE:EMN continuing the bullish move to the up side. We have the following indicators: 1. Nice clear larger degree impulse 2. Deep corrective ABC to 61.8% retracement 3. Lower degree impulse breaking out of larger degree trend line 4. Flag formation and broke out to up side
After the outside day formed by TVC:DJI , it pumped a bit and regained most of what was lost in that 500pt loss. 1Hr chart sows it trading back above the moving avgs (intraday). TVC:RUT is the only index that has traded ABOVE its recent highs. TVC:VIX is struggling to close above a small resistance area, 14. #stocks
Maruti Suzuki India Ltd. is India's largest passenger car company, accounting for over 42%+ of the domestic car market. The Company offers a full range of cars from entry-level to SUV. It has manufacturing facilities capable of producing 1.5 million units per annum. The other activities of the Company include the facilitation of pre-owned car sales, fleet...
Hikal Ltd. is engaged in the manufacturing of various chemical intermediates, specialty chemicals, active pharma ingredients, and contract research activities. Presently, it is operating in the crop protection and pharmaceuticals space. Hikal Ltd CMP is 303.95. The Negative aspect of the company is High Valuation (P.E. = 45.8) and declining annual net profit....
Hey guys, TSX:BNS has formed a classical super clear running flat. We also have on the lower degree bullish confirmation in the forecasted direction indicated by this running flat!
Hey, NYSE:APTV Has formed a classical super clear running flat. We also have on the lower degree bullish confirmation in the forecasted direction indicated by this running flat!
Hey guys, This looks like a fantasic setup to take before the holidays. Great larger degree impulse with a deep corrective structure to the 61.8% with an impulse on the lower degree breaking out of the larger degree trend. Followed by a great flag structure on the lower degree indicating bullish continuation. Watch the break!
Hey guys, I previously posted a larger degree bullish move for NYSE:STLA and this is a lower degree bullish move along the way that can be taken. We see the following indicators that increase the probability of a bullish move, 1. Nice clean larger degree impulse 2. Clear corrective structure down to 61.8% 3. Impulse on lower degree breaking out of larger degree...
Tesla (TSLA) is extending the rally following the buy signal (see chart below) we gave on November 07 at the bottom of the 1 year Channel Up: The price has had 6 green candles out of a total of 7 and looks to repeat the Bullish Legs of April - July and January - February. What's more important than that, is that Tesla is approaching its 'Do or Die' moment as...
You tell me? Do you think #Bitcoin will cross $100k this cycle or not? If it does , why wouldn't our miners create parabolic tops in new All time high territory? Good luck in your speculations.
We have seen the Magnificent 7 (Apple, Microsoft, Google, Amazon, Nvdia, Meta, Tesla) underperform on this rally since the October Low relative to the rest of the Nasdaq index (NDX). The former can be seen on the left chart while the latter on the right. This goes so far against the aggressive nature of the Magnificent 7 (M7), which have outperformed Nasdaq on all...
Hi Realistic Traders. Here's my price action analysis on NASDAQ:TSLA ! On May 23, 2023, Tesla (TSLA) exhibited a breakout from the bearish trendline, sustaining its upward trajectory with consecutive higher highs and lows. Following this, TSLA's bullish momentum moderated, leading to the formation of a bearish channel. Notably, there has been a recent...