Weakness on NYSE:DUK , that maybe will end up just in a healthy pullback after a great run of +30% Bearish Signs : - Breakdown of the ema 21w with bearish price action (lower highs and lower lows) - Bearish crossovers on lower timeframes
### **Siemens Ltd - Short Position Technical View** #### **Key Observations**: 1. **Wave Structure Analysis**: - The chart suggests the completion of a **5-wave pattern** as per **Elliott Wave Theory**, indicating a potential **trend reversal** or correction. - Siemens has reached the **fifth wave high**, which often signals exhaustion in upward momentum. 2. **Resistance Zone**: - Strong resistance is observed near the ₹7,950–₹8,000 levels, which aligns with the upper Fibonacci arcs and historical resistance. - Price rejection near this zone could trigger a short-term correction. 3. **Fibonacci Arcs**: - The chart shows a series of **Fibonacci arcs** acting as dynamic support and resistance levels. - The price is currently at a critical zone where the **2.618 and 3.618 Fibonacci levels** intersect. 4. **Risk-Reward Setup**: - A **short position** can be initiated with a stop-loss above ₹8,200 (recent highs). - Target levels: - **First target**: ₹7,500 (recent support). - **Second target**: ₹6,550 (strong support zone indicated in blue). - Risk/Reward Ratio: Favorable for traders aiming to capitalize on downside potential. 5. **Volume Analysis**: - Monitor volumes for confirmation. If the price declines with rising volumes, it confirms selling pressure. 6. **Indicators to Watch**: - **RSI**: Check for bearish divergence; RSI in overbought zones (>70) often suggests a reversal. - **MACD**: A bearish crossover near resistance would validate the short position further. --- ### **Trade Strategy**: - **Entry**: Initiate a short position around ₹7,950–₹8,000. - **Stop-Loss**: ₹8,200 (above key resistance). - **Targets**: - **₹7,500** (short-term support). - **₹6,550** (major support level). ### **Conclusion**: Siemens Ltd is showing signs of exhaustion near critical resistance levels, with a clear **5-wave structure** and confluence of **Fibonacci arcs**. A short position can be considered with strict stop-loss and predefined targets.
December 2020 to March 2021 day candles overlaid over the current chart suggest that if this cycle follows the last bull run BTC could be as high as 280k within 4 months. MSTR just joining the NASDAQ 100 certainly helps this scenario. LFG
Es ist fast Bescherung und euch fehlt noch ein Geschenk? Die besten Gutschein-Ideen für Fashion-Lover, Weltenbummler:innen und Co. – hier ist für jede:n was dabei.
Faires Free2Play trifft flotte Superhero-Action Kampfansage an Overwatch: Marvel Rivals ist ein Multiplayer-Hero-Shooter von NetEase und Marvel Games, der bekannte Superhelden in unterschiedlichen Modi gegeneinander antreten lässt.
Bei Netflix starten 2025 zahlreiche neue Staffeln eurer Lieblingsserien, wie Wednesday, Stranger Things, The Witcher und One Piece. Wann sie euch erwarten, erfahrt ihr in unserer Übersicht.
Video von "What Car?" ist interessant, zeigt aber auch, dass Reichweiten-Vergleichstests wenig sinnvoll sind
Ein ganz bestimmtes Milch-Parfum hat mir zurzeit völlig den Kopf verdreht. Klingt schräg? Duftet aber himmlisch sanft, cremig und einzigartig!
Bei Gomibo gibt es derzeit ein herausragendes Tarifangebot mit dem S24 Ultra: Ihr könnt euch das leistungsstärkste Samsung-Smartphone zusammen mit einem 35 GB-Vertrag im Vodafone-Netz zum absoluten Tiefstpreis sichern. Die Einzelheiten findet ihr hier.
Accumulate AMEX:APT until it's too late❗️ #APT has been accumulating inside of Ascending Triangle for 777 Days so far? The analysis indicates a strong bullish momentum for the coin as it approaches the key resistance level between $16.00 and $18.00. A clear ascending triangle pattern suggests a high probability of a breakout. If successful, the price may surge to $22.00 - $35.00. However, failure to break the resistance could lead to a correction toward the primary support level at $7.50. This is a crucial zone to monitor for future market direction.