The $1 billion acquisition of rent-to-own startup Divvy Homes, which was announced Wednesday, is expected to leave some shareholders without a payout, according to sources familiar with the deal.  The terms — and Divvy’s journey from buzzy startup to acquisition target — reflects the rollercoaster ride the proptech industry has endured over the past decade. […] © 2024 TechCrunch. All rights reserved. For personal use only.
ORDI ~ 4D #ORDI This is the key support that needs to be maintained. If you still have Conviction on this coin,. Small quantity purchases from here are not so bad. target 20%++
Strong Sell on EURUSD as $$$ is getting its strength back. Enjoy the swing trade on EURUSD
Gold prices hit a more than 11-week high in afternoon trading on January 22, not far from last year's record, driven by safe-haven demand amid uncertainty over US President Donald Trump's trade policies and a weak US dollar. Spot gold rose 0.3% to $2,751.89 an ounce at 12:02 (Vietnam time), after hitting its highest since November 1 earlier in the session, and nearing a record $2,790.15 an ounce set in October 2024. US gold futures also rose 0.3% to $2,768.40 an ounce. There is still some uncertainty regarding the timing of Trump’s tariff plans with major US trading partners, which has created uncertainty about the direction of the US dollar, which is the main short-term catalyst for gold prices, said Kelvin Wong, senior market analyst for Asia Pacific at OANDA. Gold’s appeal as an inflation hedge could be dented if Mr Trump’s policies, which are seen as inflationary, lead the US Federal Reserve to maintain high interest rates for a prolonged period. Higher interest rates reduce the appeal of gold, which does not pay interest.
Technical Analysis for Trading: * Current Price Action: NVDA is showing bullish momentum, approaching a key resistance level at $153.13. * Trend: Uptrend on lower timeframes, with higher highs and higher lows forming. * Support Levels: * Primary support: $138.81 * Secondary support: $129.60 * Resistance Levels: * Immediate resistance: $147.03 * Strong resistance: $153.13 * Indicators: * MACD: Positive momentum but showing slight divergence. A pullback is possible if momentum wanes. * Stochastic RSI: Overbought (91.60), indicating the potential for a short-term pullback. Trade Scenarios: * Bullish Scenario: * Entry above $147.50 for a breakout move. * Target: $153.00 and $155.00. * Stop-loss: Below $145.00. * Bearish Scenario: * Entry below $144.00 for a retracement. * Target: $138.81 and $135.00. * Stop-loss: Above $147.50. GEX for Option Trading: https://www.tradingview.com/x/qkyu3owf/ * Key Gamma Levels: * Strong resistance at $153.00 (75.47% GEX). * Support at $138.00 (32.07% GEX). * Call Wall: $153.00 (Highest Positive NETGEX). * Put Wall: $129.00 (Strong support zone). * IV Analysis: * IV Rank (IVR): 6.8 (low IV, cheaper options). * Options Sentiment: Calls are dominant at 62.4%, indicating bullish sentiment. Options Strategy: * Bullish Play: * Buy Call Options with a $150 strike expiring in 1-2 weeks if NVDA breaks above $147.50. * Target premium increase as price approaches $153. * Bearish Play: * Buy Put Options with a $140 strike expiring in 1-2 weeks if price drops below $144. * Target premium increase near $138 support. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always perform your own research and trade responsibly.
Both short-term dollar weakness and the ECB’s increased inflation concerns have clearly propelled EURUSD upward. Finland's central bank governor, Oli Rehn, asserts that eurozone inflation will stabilize as anticipated and that monetary policy will continue to be constrained in the near future. Meanwhile, ECB President Lagarde has issued a stark warning that the threat of tariffs is set to rise with Trump’s return to power, which could lead to significant inflation risks. EURUSD breached above the descending channel’s upper bound and approached the resistance at 1.0470. EMA21 widens the gap after golden-crossing EMA78, indicating a possible shift to bullish momentum. If EURUSD breaches above 1.0470, the price could gain upward momentum toward 1.0560. Conversely, if EURUSD breaks below EMA21 and the support at 1.0360, the price may reenter the descending channel.
TSE:6315 Towa Corp's uptrend has been intact since March 2020. Despite a correction since 27 May 2024, the correction has come to an end after the stock broke above the falling wedge. Furthermore, the latest price action shows a closure above the ichimoku Kumo, which confirms the three bullish golden cross. The latest cross above 1,921 resistance turned support marks the possible start of a renewed uptrend, where higher high and low was spotted. Momentum is strong across the Long-term MACD, mid-term Stochastic Oscillator, where it has confirmed the oversold crossover. Moreover, 23-period ROC has risen strongly above the zero line. Volume remain in a healthy expansion and directional movement index is showing strong positive bullish strength. Hence, we are considering buying on spot or buy on pullback at 1,563. Target will be in different stages. 1st TP is 2,687 and final TP is 6,520
This is a strong setup for NASDAQ:AAPL to bounce as it held its 200-day EMA again today. Above $225, watch for targets at $227, $228.22, and the bearish gap fill at $230. Keep NASDAQ:AAPL on watch for a potential 2-1-2u reversal here. However, if it loses support at $219.79, expect a possible retest of $216.39. Keep an eye on these levels, fam.
Technical Analysis for Trading: * Current Trend: CSCO has broken out of a consolidation phase, forming a steady uptrend. The stock is now trading above the prior resistance of $61, showing strength in buyer momentum. * Key Levels: * Support: $59.67 (previous resistance turned support), $58.18 (strong support). * Resistance: $63 (next psychological and GEX barrier), $64 (all-time high target). * Indicators: * MACD: Neutral-positive crossover, suggesting sustained momentum if volume increases. * Stochastic RSI: Overbought, indicating the possibility of a short-term pullback before continuing higher. Trading Outlook: If CSCO holds above $61, it is likely to test $63 soon. A pullback to $60 could offer a re-entry for swing traders targeting $63–$64. Tight stop-loss recommended at $59.50. GEX-Based Options Trading Strategy: https://www.tradingview.com/x/9Y6inT48/ * GEX Insights: * Highest Call Wall: $63 (likely resistance). * Highest Positive GEX Level: $61.50–$62 (current gamma support zone). * Put Wall: $58, indicating downside protection. * Options Metrics: * IV Rank: 42.2 (moderate). * Call Volume: 18.4%, showing bullish sentiment in options activity. * Strategy: * Bullish Play: Buy a $61.5 Call (2/2 Expiry) if CSCO holds above $61. Targeting $63–$64 with a short-term horizon. * Neutral Play: Sell a $58 Put (2/2 Expiry) to capitalize on support and time decay. * Risk-Managed Play: Vertical Call Spread $60/$63 (2/2 Expiry) for a lower risk-reward ratio. Conclusion: CSCO’s bullish breakout sets it up for a potential move to $63 and beyond. With GEX metrics aligning with technical momentum, the stock is positioned for a strong short-term run, provided it sustains $61. Disclaimer: This analysis is for educational purposes only and not financial advice. Please conduct your own research and trade responsibly.
Bitcoin could undergo a short-term correction to continue its breakout. This is one of the possible scenarios