Greetings there traders here is my idea on SPX 500 I believe that the downward movement will continue within the correction (1 2 3). I expect wave “3” to start moving very soon. I think that the nearest target is the area of 5716 level, because there is a strong support area. We can see that the price is managing itself for a future Downtrend Movement. Traders make your own analysis before trading. I think we can soon see more fall from this range! GOOD LUCK! Great Sell opportunity for SPX500 I still did my best and this is the most likely count for me at the moment. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad!
TP : 1.44671 SL : 1.43490 Further upside potential toward 1.44670 Cheers and happy trading!
Technical Overview: Bullish Flag Formation: XRP is consolidating within a bullish flag pattern, typically indicative of a continuation of its prior uptrend. Previous Rally: After surging from $0.60 to nearly $2.80, XRP has demonstrated strength by consistently holding support above $2.40, signaling accumulation rather than distribution. Key Levels to Watch: Breakout Point: A breakout above the flag's upper trendline, accompanied by increased volume, could confirm the bullish setup. Targets: Initial target: $3.00-$3.20, aligning with measured moves from the flag pattern. Longer-term potential: Continuation above $3.20 could open doors to further price discovery. Supporting Factors: Long-Term Base: XRP’s breakout earlier in 2024 from a long-term base adds strength to the current bullish setup. Volume Confirmation: Increased trading volume during the breakout would validate buyer interest and bolster the bullish case. Risk Management: Key Support: Maintaining support above $2.40 is critical for the bullish thesis. A breakdown below this level could signal invalidation of the pattern. Conclusion: XRP's bullish flag pattern indicates potential continuation of its prior uptrend. A breakout above the flag's trendline with volume confirmation could set sights on $3.00-$3.20 and beyond, reinforcing Ripple’s strong bullish potential heading into 2024.
Company Overview: Alpha and Omega Semiconductor NASDAQ:AOSL is a leading innovator in power semiconductors, offering a diversified product portfolio that includes Power MOSFETs, Silicon Carbide (SiC) devices, IGBTs, and power management ICs. The company’s focus on high-performance, energy-efficient solutions positions it at the forefront of several transformative industries. Key Catalysts for Growth Sectoral Demand Tailwinds: AOSL is benefiting from rising demand in key sectors such as automotive, consumer electronics, and industrial applications. These markets are poised for long-term growth, driven by trends like electrification and automation. Expansion into High-Growth Areas: Electric Vehicles (EVs): AOSL’s expansion into the EV ecosystem, including advanced driver-assistance systems (ADAS), enhances its exposure to the rapidly growing EV market. Sustainability Focus: Products aligned with energy-efficient power management address global sustainability priorities, solidifying AOSL's competitive positioning. Innovative Portfolio Diversification: AOSL’s broad product portfolio minimizes risks tied to any single category and ensures resilience amid market fluctuations. The company’s investments in Silicon Carbide (SiC) technology bolster its competitive edge in applications requiring high power efficiency. Profitability and Margins: AOSL’s focus on energy-efficient designs supports higher margins while aligning with industry trends for lower power consumption and cost efficiency. Investment Outlook Bullish Case: We remain bullish on AOSL above the $36.00-$37.00 range, as the company capitalizes on its technological leadership and industry tailwinds. Upside Potential: Our upside target for AOSL is $69.00-$71.00, reflecting confidence in its growth trajectory, driven by its strategic focus on EVs, ADAS, and energy-efficient innovations. ? AOSL—Powering the Future of Electronics with Sustainable Energy Solutions. #Semiconductors #EnergyEfficiency #TechLeadership
Bitcoin appears to be within a "Trading Range" on lower timeframes. Within this range, a bearish "QM" (Quasimodo) pattern seems to have formed. To complete the right shoulder of this QM, the price may need to rise to higher levels (red box). It could move from the green box up to the red box. Generally, during the year-end holiday period, many large and small traders need cash and sell part of their assets, causing a mid-level correction in the market. During these days, the market seeks liquidity hunts and fluctuations within a specific range. At this stage, it's advisable to reduce the number of your trades and avoid futures trading to some extent. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Company Overview: A10 Networks NYSE:ATEN is a leading provider of high-performance application delivery and cybersecurity solutions, uniquely positioned to benefit from the growing demand for advanced security services and network optimization in a digital-first economy. Key Catalysts: Security-Driven Growth: Security-focused revenue is up 10% year-to-date, underscoring robust demand for advanced cybersecurity solutions in response to escalating cyber threats globally. With cyber risks rising, this segment is poised to be a significant growth driver for ATEN. Enterprise Segment Momentum: The enterprise segment has shown consistent performance, growing 5% year-to-date and 9% year-over-year, signaling healthy demand across key verticals. Debt-Free Balance Sheet: A10 Networks’ debt-free financial position provides a strategic advantage in the current high-interest-rate environment, enabling sustainable investment in growth initiatives and enhanced shareholder returns. Resilient Business Model: Focused on providing mission-critical solutions, ATEN benefits from strong customer retention and recurring revenue streams, ensuring long-term stability. Investment Outlook: Bullish Outlook: We are bullish on ATEN above the $16.50-$17.00 range, supported by its growth in cybersecurity, enterprise traction, and robust financial health. Upside Potential: Our upside target for ATEN is $28.00-$29.00, driven by expanding security revenues, enterprise adoption, and financial flexibility in pursuing strategic opportunities. ? ATEN—Empowering Enterprises with Next-Gen Security and Performance. #Cybersecurity #EnterpriseSolutions #TechGrowth
I expect the price to turn from the timeline and continue along the path that has been drawn.
Overview: Instrument: Gold Spot (XAU/USD) Timeframe: 1H Current Price: $2,631.95 Key Observations: Volume Delta data indicates a strong buying interest at lower levels (highlighted near the $2,620 region). Major resistance levels are noted around $2,640 and higher. Trend indicators like moving averages show bearish momentum but are flattening, signaling potential reversal. Bullish Scenario Key Levels: Support Zones: $2,620 - $2,610 (Strong Buy Zone): Significant buying activity occurred in this region, with delta volume exceeding 180%. Buyers are stepping in to defend this zone. Target Zones for Bullish Momentum: $2,645 (First Resistance Zone): Represents previous selling pressure with visible red volume bars. $2,665 - $2,670: Secondary target zone where supply may increase, marked by red bands. Entry and Exit Points: Entry: $2,625 - $2,630: On a retest of the $2,620 support or confirmation of a breakout above the $2,635 consolidation zone. Stop Loss: Place below $2,615 (last swing low), accounting for a potential false breakout. Target 1: $2,645 Target 2: $2,665 Indicators Supporting Bullish Case: Volume Analysis: High delta buying at lower levels signals accumulation. Price Structure: Double-bottom-like structure forming between $2,610-$2,620. Moving Averages: Short-term moving averages are flattening, indicating momentum is slowing down. Bearish Scenario Key Levels: Resistance Zones: $2,640 - $2,645: Major selling pressure zone with increased sell delta observed. $2,660 - $2,665: Extended resistance zone from previous price action. Support Targets if Bearish Breakdown Occurs: $2,610: Immediate downside target if buyers fail to defend. $2,580 - $2,590 (Next Major Support Zone): Strong buying interest seen historically in this region. Entry and Exit Points: Entry: $2,635 - $2,640: Look for a rejection or bearish candlestick confirmation near resistance zones. Stop Loss: Place above $2,645, considering possible fakeouts. Target 1: $2,610 Target 2: $2,590 Indicators Supporting Bearish Case: Volume Delta: Heavy selling pressure is visible in regions above $2,640. Trend Structure: Price remains in a larger downtrend despite recent consolidation. Neutral Scenario and Probable Consolidation If the price stays between $2,620 and $2,645 without clear direction, expect choppy sideways movement. For such scenarios: Trade within the range. Buy near $2,620 and sell near $2,645 with tight stop-loss levels. Conclusion Bullish Bias: Above $2,635 with strong buying interest at $2,620-$2,610. Bearish Bias: Below $2,620 with heavy resistance near $2,645. It’s crucial to monitor the price action and volume closely at these levels for confirmation before initiating trades.
GBPAUD is currently in a strong uptrend, exhibiting a classic pattern of higher highs and higher lows. At the current price, there are no signs of bearish divergence. The pair has already tested the 0.5 Fibonacci retracement level and may attempt to retest this area, offering a potential buying opportunity. It is recommended to position your stop-loss at the previous higher low, ensuring adherence to proper risk management practices.
FIL one of big utility coin in storage captured in downtrend channel mid timeframe But its like stop here in downtrend if hold $4 And i think it could breakout upper trendline soon