TSLA currently priced @ 389.79 ... with a target of 400 and an extended target of 410-420 TSLA chart currently shows a breakout above the upper trend-line... - the move to the upside will target 400 as a psych level with heavy liquidity being at 410 and 420 due to current open interest levels on call options. - a move back to the downside will be considered a buy the dip opportunity or re-test of Friday and todays price action - the opening price on Friday's candle and the low of today's candle will serve as support levels at 377.42 and 378 respectively - holding 390 and breaking above the slight resistance at 397 opens up 400 and higher (This will rage!!) Indicators like MACD & RSI are trending upwards and looking bullish 9-day EMA and 50-day EMA are both trending upwards and the 9-day EMA is trending upward and away from the 50 which is bullish. Call options that are interesting: -TSLA 400 Call 12/13 -Volume: 144,881 (contracts traded) -Open Interest: 37,205 (open positions and liquidity) -Volume to Open Interest ratio ~ 3:1 -Open Interest for tomorrow has to open up around 75k plus. Why? As an investor or trader, you are looking to see people hold their investment position as a sign of trend confirmation and continuation -TSLA 410 Call 12/13 -Volume: 43,965 -Open Interest: 4,923 -Volume to Open Interest ratio ~ 9:1 -Open Interest for tomorrow has to open up around 25k -TSLA 420 Call 12/13 -Volume: 57,432 -Open Interest: 37,598 -Volume to Open Interest ratio ~ 1.5:1 -Open Interest has to open up around - 45k
Fundamentals: Is the worst over? 1) Revenue: 70% from China. Chinese gov is determined to support its economy, launching a fresh set of stimulus earlier this week. Trump 2.0 tariffs may spur the chinese government to improve more on manufacturing capabilities and equipment turnover, and ISDN is likely to benefit. 2) Semicon (SEA): ISDN suffered for past 3 years the downcycle of semicon. Normally semicon cycle is between 18-24 months. Somehow this downcycle is disrupted by the wave of AI chips. However lower end semicon chips are still being used 80% of the time. I believe the downcycle of semicon is in sights. This will help ISDN resume its high margin business. 3) Weak Yuan: A weak yuan vs SGD caused unrealised fx losses in FY 2022 and FY 2023. However yuan has relatively been stable in 2024 albeit minor weakness. Chinese gov loosened it's monetary policy for the first time since 2011. And if we go back to 2011, yuan strengthened against SGD significantly until 2015 when the chinese economy popped. Could we see similar trends? One thing for sure, Trump will not allow yuan to depreciate and may likely find a balanced deal. 4) Re-investments during downcycle for 3 years: ISDN's management has been talking about re-investing in people and capabilities during downcycle. Historically, companies that do that benefits strongly during upcycle of economy. ISDN in its recent "Theedge" article mentioned about building a platform for talents to push for upsides with limited downsides. This business strategy will play out when economy improves. 5) Hydropower plants: This money making machine is churning out cash for the company daily. Due to its stability of cashflows (from PLN) and electricity generation even during dry seasons, these assets open up many possibilities of realising gains, which includes asset sales, equity sales, or listing as mentioned in the annual report. What we can be assured is due to the stability of cashflow, the company is not in the hurry to sell the asset at depressed price, so when the sale does actually come, we know that it will be at least fairly priced. Technicals (weekly): ISDN is now at a descending triangle movement. Recently price stability above $0.3 with MACD crossing into positive territory could mean an explosive upside in weeks to come. Daily chart also sees stability above SMA 200 and monthly chart MACD histo crossed positively this month. I have set a price target of $0.465 and $0.61, representing roughly 50% and 100% gains respectively. Do your own dd.
DOG ~ 1D #DOGS If a big drop happens to this AMEX:MEME ,. This support block would be an excellent purchase for now. with a minimum target of 20%+
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 150.62, which is a pullback support. Our take profit will be at 152.15, a pullback resistance close the 50% Fibo retracement and 161.8% Fibo extension, indicating a strong level of resistance. The stop loss will be placed at 149.47, which is an overlap support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com/au Stratos Global LLC (www.fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
https://www.tradingview.com/x/bCYuBkGR/ It's the big banks who are ultimately buying very low and riding the bigger waves. Here in the daily chart for AUDCHF and its recent price history whilst generally getting hammered lower into the oversold condition. Money can be made deep and low in price here, but it will only work if you get it deeply oversold around recent price history, where it has popped. Other supporting confluence of why this needs to turnaround in price is also needed. For example, what is the path of least resistance on other timeframes. Its probably a trade for more risk and more reward, if that sounds like you then check out the daily chart of AUDCHF. The way to trade it apart from the timing, is to bet with a small lot size, you don't want to come under notice betting for example 5 Lots, you will probably get hammered lower if you get in at the wrong time,. https://www.tradingview.com/x/bCYuBkGR/
XAU/USD has been forming a Bullish Pennant for over a month now, price is at a critical area. Price is going to make a very big move this week based on the technicals, since this Pennant is coming off of a bull leg we are more on the bullish side, however understanding some huge downside is still in the picture. We will be looking for buy limits if price falls.
I saw this channel indicator on another post and think it gives a great view of how much more BTC could move up from where we are now. If the upper red band is hit that is the top point to sell at. From there I would move from BTC into different altcoins. Weekly chart
Almost time to switch over to ETH from BTC. Price came down and mitigated that grey weekly zone. Also looks like structure is in a bullish harmonic pattern. Long story short... If you want to know when to enter long here... wait until price close a weekly candle above 0.041. That will be a weekly bullish break of structure, and also an entry with less risk.
Bitcoin’s price action is currently forming a symmetrical triangle pattern, with the key points marked as A ($103,900), B ($92,400), C ($101,400) , and D ($94,600) , indicating a period of consolidation as buyers and sellers struggle for control. Notably, the price recently bounced off the 0.786 Fibonacci retracement level at $94k , a critical support zone that aligns with the lower boundary of the triangle. Below this, the 0.618 Fibonacci level at $86.6k serves as the next significant support, while a break of this level could open the door to deeper downside risks. On the upside, a breakout above the triangle’s upper trendline, currently near $100k , could propel Bitcoin toward its next major target at $130k , aligning with the 1.618 Fibonacci extension level. The tightening price range within the triangle and declining volume suggest a major breakout is imminent, with traders closely watching for a decisive move in either direction. Given Bitcoin's historical behavior, the breakout direction could set the tone for its trend over the coming weeks. Microsoft is voting on purchasing bitcoin tomorrow, and the results from this and Amazon's vote later on could effect the direction of this breakout.
Remember, coins like XRP, BTC are long term investments. Of course everyone would love for this to shoot straight up to the moon, especially after waiting for so long for the long term people. But with recent attention and much more bigger investors, more public acknowledgement of what XRP can do for the world, up to quick now gives way to a pullback to shake out weak hands and allow for more coins to get picked up. I see a potential pull back, at least close to the ladt support line of around 1.48-1.60 area. This would be my ideal spot, even 1.70-1.80 to be safe.