ZOOM remains bearish. Last week we had both bearish engulfing weekly and monthly close. We expect the downtrend to continue and retest lows from 2019. After that if we get bullish divergences, it may be the time to accumulate zoom stock. If we break below previous all time lows, new lows may be coming as the price will enter the discovery mode to the downside...
Amazon is bullish on its 1D timeframe (RSI = 67.557, MACD = 2.990, ADX = 31.700) as it is unfolding a very stable uptrend supported by the 1D MA50. This is the second bullish wave of the Channel Up, that is the dominant long term pattern. The 1D MACD suggests that we are entering the final phase of this wave that is aiming for a HH at +78.73% from the HL. We are...
📉Hi Traders, Investors and Speculators of Charts📈 There are a few stocks on my immediate radar. 1) Asana - NYSE:ASAN If you're working in a large, dynamic team you're probably using a workflow management tool like Monday.com ... or Asana. Asana is a fantastic tool, I use it on a daily basis. It's easy to use, user-friendly and it has a wide range of...
🔴 Resistance - 779 🔴 🚀 Target - 788 - 792 🚀 🟢 Support - 777 🟢 🚀 Target - 772 - 768🚀 🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫 🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME 2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND 3. CHART IS SUPREME 4. YOUR ASSUMPTION &...
🔴 Resistance - 169.04 🔴 🚀 Target - 169.59 - 169.93 🚀 🟢 Support - 168 🟢 🚀 Target - 169 - 167🚀 🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫 🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME 2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND 3. CHART IS SUPREME 4. YOUR...
Coinbase shares are up 35% since the SEC sued the crypto exchange for allegedly selling unregistered securities But Coinbase stock has bounced back, rising some 35% after dropping to a low of about $50 on the day that the SEC sued the U.S.’s largest crypto exchange. As of Wednesday morning, shares were trading near $70, and the publicly traded company’s market...
Here it is very clear that the price of Tesla has once again revisited the daily support identified. Now I am expecting to see a potential reversal based on how the price has reacted over this highlighted zone earlier. Additionally, I have sketched down the price action inside a falling wedge pattern which also supports the bullish projection.
Hey there,✌ NYSE:PFE In the daily timeframe, as observed, the price is currently fluctuating within the $25 range following a prolonged downtrend. The long-term trendline has been broken, and we can consider the following scenario: if the demand range is maintained, the price may experience positive fluctuations up to the $28 range. Then, if the $28 ceiling is...
Eli Lilly aka LLY hit a new all time high again on Wednesday after rival GLP1 drugmaker Novo Nordisk announced it was ending a kidney failure study early for its drug semaglutide due to efficacy data. Shares of Lilly set a 52 week high of $608.7 before closing the session 5% higher at $605.28. Shares of Novo Nordisk increased as well, rising 6% to settle at...
Energy stocks score biggest rise in a month as OPEC+ cuts begin Energy stocks closed an otherwise mediocre week in strong fashion, as oil traders who have grappled with concerns over the global demand outlook may finally see signs of tightening in the oil market. Saudi Arabia and Russia started the week announcing fresh production cuts that will bring total...
Investing in Zydus Life, a prominent pharmaceutical entity, comes with strategic planning. With a stop-loss set at 995 and a target at 1050, investors can tactfully navigate the market's fluctuations.
Godrej Properties, a leading real estate developer known for its commitment to quality and innovation, presents an intriguing investment opportunity. With a stop-loss set at 2400 and a target of 2750, investors can strategically position themselves in the market.
Safari Industries (India) Ltd., a leading luggage and travel accessories brand, presents a compelling long setup opportunity for investors. With a strategic stoploss set at 1890 to manage downside risk, targeting an optimistic 2500 offers potential for profitable gains. Monitoring market trends and Safari's performance is key for successful trade execution.
Emudhra stock presents a compelling long setup, backed by promising indicators. Implementing a strategic approach, set a stoploss at 715 to mitigate downside risk, while targeting an optimistic 825 for potential gains. Keep a keen eye on market dynamics for optimal trade management.
Reasons for bullish bias: - Price is at near weekly support - Price is at channel support - Bullish divergence - Positive earnings results Entry Level(CMP): 29.80 Stop Loss Level: 28.72 Take Profit Level 1: 33.11 Take Profit Level 2: Open
Apple is nearing our target zone, showing the weakness we wanted to see. Today, we've observed a 3% drop. We expect a few more percentage points to fall before reaching the target zone for Wave 2, which is between 50 and 78.6 percent. Looking at our 2-hour chart, we're now seeing the 5-wave structure we anticipated. This entire scenario would likely be incorrect...
The stock has taken good support at fibonacci retracement levels. A close above 85 would be a safe entry to buy with swing high being the first target. ADX also supports the view Entry - Above 85 Stop Loss - 77 Target - 118
The company is reducing debt. Financials are improving. FIIs have increased stake. Momentum looks good with the stock hitting UC in the last couple of sessions. Head and shoulder pattern on weekly chart looks good, with support on 21 levels Entry - at CMP SL - 20 Target - 34/52