Intraday Update: After bouncing aggressively after completing the head and shoulder on Sunday/Monday, the bounce back is stalling today at the 61.8% retracement of the Jan 27th high to Feb 2nd lows. Further gains will be on the heels of the incoming ADP and ISM data today, and if the data does not disappoint we could see a stronger move back towards the 1.0360 level.
Trendline on UJ which price has typically just touched. UJ is currently respecting it
Tesla is overvalued, especially when compared to traditional metrics like P/E ratio. We have P/E 190 atm. If we compare Tesla to other EV companies, Tesla’s valuation might appear inflated. For example, companies like Rivian, Lucid, and NIO have been hyped similarly, but most haven’t shown the same level of growth and revenue. Investors are betting on Tesla’s dominance in electric vehicles, energy, and other sectors, which drives the high valuation. Tesla's stock is also closely tied to Elon Musk’s reputation, decisions, and Twitter presence. Tesla has become more profitable in recent years, but many argue that it’s still a growth company where profits aren't the main focus. The question is whether the current market cap is justified based on actual cash flow and profitability - of course NO. Tesla was created as a startup and truly revolutionized the auto industry, but its stock is now worth several hundred times more than it is as a technology-driven car manufacturer. Future expectations have always driven the stock market, and this phenomenon will continue to accompany us. However, I believe that in terms of future expectations, Tesla, as an automaker, has long since exhausted its potential, and its competitors have long been replicating Tesla's "miracle," but in much more efficient ways. A vivid example of this is the recent story of ChatGPT and DeepSeek. I am confident that sooner or later, Tesla will also become a "victim" of this. On the other hand, Elon Musk’s reputation, political involvement, and trade wars—all of these are potential bombs placed under Tesla.
OANDA:GBPUSD has reached a significant resistance zone, marked by prior price rejections and strong selling pressure. This level has historically acted as a key supply area, increasing the likelihood of a bearish bounce if sellers regain control. With the price now testing this resistance, I anticipate a potential downward move toward the 1.24280 level, aligning with the broader bearish market structure. This setup suggests the possibility of a retracement after the recent upward movement. Traders should watch for confirmation signals, such as bearish engulfing candles or rejection wicks, to validate the potential for a reversal.
If Bitcoin stays above this key level, it suggests buyers are still in control, and the upward trend is likely to continue. If it breaks below, the sentiment could turn bearish (negative).
Bitcoin dominance and (eth/btc) have been playing with us for more than a year. We have been chasing the altseason but it did not occur. Soon this has to breakdown and reward those who are patient. Starting from march we will see some gains in altcoins . Most likely in next 3 months we will witness the altseason (march,april,may).
Dear Traders, we are in the days that Trump could easily move the markets up and down with a tweet. So, take care of your hard-earned capital and avoid big risks. These are the zones for the pair. a trend-line has been appeared and broken. any reaction to coincide of zone and the trend line is a good sign for buyers to enter regarding LTF confirmation. On the other hand, any breaks below the 0.89679 and reverse to the zone, will provide good opportunities to short. remember that trend-line is not out main line.
FET seems to have made its way into its very on bear market. It did it all by its self. Aren't you proud of it? lol .63-.90 was an area of interest here for me when I'd shorted it, and also longed it previously. I think that this area again is a nice place to take a long from. I think that we can probably hit around $1.40 from here, where I think that then FET will continue down afterward. Enter anywhere under .815 cents down to .60 cents. Thank you!
This is a monthly chart of XAU/USD (Gold Spot), displaying a long-term ascending channel. Key Observations: 1. Price is at the channel's upper boundary, around $2,874. 2. Potential resistance at around $3,202, indicated by an upward arrow. 3. Previous price activity indicates respect for channel boundaries**, implying that a pullback from resistance is possible. 4. Support zones** range from $2,767 to $2,861, with a substantial lower trendline support between $2,099 to $1,911. Possible scenarios: - If trend continues, gold may reach $3,200 before correction. - A rejection from the upper channel might result in a retracement to $2,767-$2,861. Breakout above $3,200 may indicate a strong bullish trend.
Nzdcad sell trade All confirmations Risk 0.5 Rr 1.4,5