ORCL Upside break-out of a Descending Pennant. Some things to note: Hold of 50 EMA within the pattern High volume entry into the pattern with descending volume throughout Notable pickup in activity on the upside break MACD Cross coinciding with break Throwback following the upside break that tracks along the upper bound of the pattern and is halted at...
Riding the Waves of Optimism: Unveiling the Bullish Trajectory of HBAR In the world of cryptocurrency, Hedera Hashgraph (HBAR) has been making substantial strides that echo a promising future. The buzz surrounding HBAR's potential ascent to $0.13 in 2023, as suggested by market experts, has invigorated the crypto community with enthusiasm. While predictions are...
Uber Technologies Inc, the prominent American ride-hailing company, has recently reported its first-ever operating profit, signifying a successful shift to profitability. The company posted pre-tax earnings of $326 million (£255 million), a significant improvement from the previous year's operating loss of $713 million (£558 million). The turnaround is primarily...
Technical Analysis for USDCHF: - Descending triangle forming (consolidation pattern) - If price break support level at 0.8570, we could see continue bearish movement - The break of this support zone would be confirmation of entry - Indicators are suggesting potential bearish movement to come - Following the overall trend of this pair, which is bearish
Analysis for EUR/CHF short: - Descending channel Previous support acting as resistance at the 0.9685 level. - Indicators suggesting bearish movements on 4H timeframe - Overall bearish trend - Important rejection at the .9685 level
Analysis: AUD/JPY Bullish Flag Pattern Breakout Trade Based on my analysis of a bullish flag pattern breakout in AUD/JPY, i have formulated a trade plan to capture the continuation of the bullish trend. Here is a breakdown of your trade plan: Currency Pair: AUD/JPY Entry Price: 98.827 Stop Loss (SL): 94.093 Take Profit (TP): 108.330 Bullish Flag Pattern...
USDZAR | Weekly Looking to the left on USDZAR based on my initial analysis, we notice that we he had a target for USDZAR at 21.2xxxx - 21.5xxxx after which we saw USDZAR rally all the way up to 19.93xxx creating a new high for the USDZAR we saw it fail to break above our 20.xxxxx psychological level. After failing to break above the 20.xxxxx level we noticed...
NVIDIA is a renowned technology company known for its cutting-edge advancements in areas like artificial intelligence, gaming, and high-performance computing. With a strong track record of innovation and a leading position in its industry, NVIDIA has established itself as a standout company. Since October 2022, NVIDIA shares have been on an upward trajectory, and...
Adobe Inc. (ADBE) stands out as a company with strong fundamentals. Adobe is renowned for its exceptional products such as Photoshop, Acrobat Reader and Creative Cloud. ADBE's price climbed up to 54% since May 2023 Rather than succumbing to the fear of missing out (FOMO), a patient approach is warranted. I refused to chase the price. I want the price to come to...
Tesla, under Elon Musk's leadership, is spearheading an automotive revolution with its focus on vehicle autonomy, which significantly influences its market value. Even though full self-driving capability hasn't been achieved yet, this prospect alone has powered Tesla's value, contributing to a remarkable 130% increase in its stock this year, with a notable 34%...
Palladium, which hit an all-time high of $3433 in March 2022, has since experienced a major downturn, plunging below the $3000 support level and losing 34% of its peak value by the end of that month. The downward trend persisted throughout 2022, breaching the critical $2000 level in October. A significant bearish move in February 2023 further pushed the price...
MY GOAL Targer 1:1953 Target 2:1938 Have a gooood profiiiit and enjoyed
Hello everyone! In the last few weeks we have been following $TESLA (see chart below) trying to take a long position around the bottom (weekly support). That said, the triggered rally was very interesting, the value has almost doubled in less than a month and if we look at the intraday chart (1h), we see the rally developed with a bullish impulsive structure. From...
Amazon is once again proving its innovative prowess by negotiating with key players like Verizon, T-Mobile, Dish Network, and AT&T to offer budget-friendly or free mobile services to its U.S Prime subscribers. This groundbreaking step could transform the telecom sector and strengthen Amazon's position by merging e-commerce and telecom. Bundling wireless plans and...
BIRLACORPN given successful closing above 52 week high Rs 1143 a long position can be around this price and Strict Stop loss of Rs 55 that mean exit the position if come near Rs 1087 as the move fail. Reason behind long is the strong bas formation 944-855 and break out of 52wk high with considerable volume. Target will be around all time high and more will be...
Netflix has made a strategic move to curb account sharing by nearly half its global user base to boost revenue and subscription rates. The policy checks a device's IP address to confirm single-household usage, but tech-savvy users have bypassed these restrictions with a VPN app, Meshnet, muddling Netflix's ability to identify user connections from different...
Gold is trading in an upwards channel and it just bounce off the daily uptrendline giving off a morning star. Should it break the 1980 resistance then further upside should be expected. Due to low volatility in the market the alternative scenerio is that gold will range between 1980 supply and 1940 demand area.
From October 2001 to July 2021, Amazon shares rocketed from $0.27 to a record-breaking high of $188, a stunning 70,000% rise. Remarkably, during the height of the Covid-19 pandemic, Amazon's stock surged 23%, contrasting sharply with the S&P 500's 19% dip. However, in late 2022, Amazon faced a downturn, with prices falling below the $100 mark. After hitting a...