? Technical Analysis ● Price has broken the 7-month descending wedge and closed above the purple resistance near $600, flipping it to support. ● Successful retest plus a series of higher lows inside a nascent up-channel point toward $655 (trend-line cap) and the wider supply at $730. ? Fundamental Analysis ● The Lorentz main-net hard fork (29 Apr) cuts BNB Chain block times and boosts throughput, spurring on-chain activity. ● Kraken’s new BNB listing and growing alt-coin ETF odds keep demand firm; FXStreet notes a $590 breakout opens a path to $650+. ✨ Summary Breakout + network upgrade reinforce a short-term long bias: objectives $655 → $730. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
I have been long this name since April 17th. I held through earnings as it has been a slow but steady gainer. Revenue did fall about 2% YOY. However, this is a good candidate for the new ship building initiative. If you like this idea, please make it your own and be sure to follow "your" rules of trading. If you like this idea or any others I publish (and they are not always right) follow me on X where I post more often. Huntington Ingalls Industries Beat Expectations Thursday, May 1, 2025 at 7:15 AM ET Huntington Ingalls Industries (HII) reported earnings of $3.79 per share on revenue of $2.73 billion for the first quarter ended March 2025. The consensus earnings estimate was $2.90 per share on revenue of $2.79 billion. The Earnings Whisper number was $3.00 per share. The company beat expectations by 26.33% while revenue fell 2.53% compared to the same quarter a year ago. The company said it continues to expect 2025 revenue of $11.80 billion to $12.20 billion. The current consensus revenue estimate is $11.95 billion for the year ending December 31, 2025. HII is a global, all-domain defense partner, building and delivering the world’s most powerful, survivable naval ships and technologies that safeguard our seas, sky, land, space and cyber.
?Fundamentals: From the news perspective: the United States released a trade agreement and tariff reduction signal, the trade situation eased, resulting in a decline in market demand for safe-haven assets, triggering a sell-off in gold; the situation between Russia and Ukraine weakened, and the dawn of peace talks was approaching, which was a negative factor for gold; at the same time, the situation between India and Pakistan heated up, which supported the gold price to a certain extent. ?Technical aspects: In the past few days, we have been emphasizing that gold should be bearish, and reminded that gold is likely to break and fall sharply. From a technical perspective: the lower track of the Bollinger band at the 4-hour level broke through, and there was no sign of stabilization. The support of $3,250/ounce turned into pressure, the downward channel has been opened, and MACD has walked out of the hovering area, and the downward momentum has been strengthened; at the daily level, the MACD indicator is dead cross running, and the KDJ indicator enters the oversold area, showing that the short-selling force has an absolute advantage. The short-term short-selling force of spot gold is strong, and the gold price is in a downward trend. Before there is an obvious reversal signal, the short-term trend is still bearish. ?Practical strategy: Recommendation to short on rebound: short around 3235-3245, target 3220-3200.
Recap: 1. Weekly RSI 30 2. Weekly bullish engulfing 3. S&P successfully defended oct 2022 trendline Now: Monthly hammer candle Next potential scenario: 20500 level could be the neckline/resistance level for a inverse head and shoulder, coinciding with the 20 weekly SMA as of now. Next probable scenario: Expecting May monthly candle to be a continuation green candle. Watch out december 2022 trendline acting as resistance
"DXY Bullish Reversal in Progress: Buy Opportunity from Strong Demand Zone with Targets Above 100" จากกราฟ Timeframe 4 ชั่วโมง ของดัชนีดอลลาร์สหรัฐฯ (DXY) ณ วันที่ 1 พฤษภาคม 2025: แนวโน้มภาพรวม: ราคาเริ่มมีการกลับตัวจากช่วงแนวรับที่แข็งแกร่ง (Demand Zone สีฟ้าด้านล่าง) หลังจากที่ก่อนหน้านี้เกิด BOS (Break of Structure) และ CHoCH (Change of Character) หลายจุด แสดงถึงความพยายามเปลี่ยนแนวโน้มจากขาลงเป็นขาขึ้น สัญญาณเข้า Buy: มีการทำ Higher Low และ Break High ล่าสุด แสดงถึงความแข็งแกร่งของฝั่งซื้อ ลูกศรสีเขียวชี้จุดเข้า Buy บริเวณราคาใกล้ 99.5 - 99.6 เป้าหมายกำไร (TP): TP1 ประมาณ 100.35 TP2 ประมาณ 100.85 TP3 ประมาณ 101.60 จุดตัดขาดทุน (SL): อยู่ใต้ Demand Zone ที่ ~98.95 โซนแนวต้าน (Supply Zone): อยู่บริเวณ 102.50 – 103.50 ซึ่งอาจเป็นเป้าหมายในระยะกลางถึงยาว ? สรุป: กราฟแสดงสัญญาณการกลับตัวเป็นขาขึ้นจากแนวรับ พร้อมวางแผน TP/SL ชัดเจน เหมาะกับกลยุทธ์ Buy ตามแนวโน้มใหม่ -------------------------------------------------------------------------------- From the 4-hour timeframe chart of the U.S. Dollar Index (DXY) as of May 1, 2025: Overall Trend: Price shows a bullish reversal from a strong demand zone (light blue area below). Multiple BOS (Break of Structure) and CHoCH (Change of Character) suggest a shift from a downtrend to an uptrend. Buy Signal: Formation of higher lows and a recent high breakout indicate buyer strength. A green arrow marks the suggested Buy entry zone around 99.5 – 99.6. Take Profit (TP) Levels: TP1 around 100.35 TP2 around 100.85 TP3 around 101.60 Stop Loss (SL): Placed just below the demand zone, near 98.95. Supply Zone / Resistance: Located between 102.50 – 103.50, could be a medium-to-long term target. ? Conclusion: The chart indicates a bullish reversal with clearly defined TP/SL levels, making it suitable for a long (buy) position in line with the new trend.
Gold (XAU/USD) shows strong bullish momentum with $3,250 as the next key target. Watch for breakout confirmation.
Just like how i shared about the bearish move that we are now currently seeing on PEPPERSTONE:XAUUSD , it is happening live at the moment. this post contains the zone where i think team team bullish will step in to defend gold. im also trading this setup as well with full confident. for further info, pls see the info of the video.
NZDCAD Is in bearish trend. good time to make a trade and earn some bucks ;)
Gold has broken out of a sideways trading range that lasted for about two weeks, between the resistance level at 3345 and the support level at 2275. Currently, gold is leaning toward a bearish outlook, targeting the 61.8% Fibonacci retracement level of the latest upward wave, which started in late November and peaked at $3500 earlier this month. The best selling opportunity for gold is around the 3238 level, with a stop loss at 3265 and a target at 3165.
GBPUSD formed and then broke an ascending wedge formation. The dollar appears to be gaining modest ground against key currencies globally. Hessent noted that tariff-related news is expected by the end of today. If the incoming update involves a trade deal with a major partner like Japan, it could further support the bearish technical outlook. If the retest of the 200-hour SMA and the broken wedge’s lower boundary fails, GBPUSD may extend its losses toward the 1.3230 level later this week.