Watching ICP price retrace towards the bottom of this macro channel. Bottom of channel also has confluence with 786 fib retrace and vol node. If price reacts accordingly, this could be a good area to load up a long entry. Also marked out some key fib time markers (red) which could possibly mark key pivots in the chart.
Overview Looking for an incoming buy-in opportunity on APO - Apollo around the $158-$160 range by mid-February. This setup aligns with a potential longer-term hold and a continuation back to its previous all-time highs (ATHs). If it follows an incremental climb higher, this could yield a 19-20%+ gain, with even more potential if it surpasses those ATHs. The technical and fundamental setup is looking highly favorable. Technical Analysis: Trend and Breakout Potential: APO is currently attempting to break out of a descending trendline (red line) following its recent pullback. The price action suggests the $158–$160 zone will act as strong support, which also aligns with the broader upward green trendline visible in the chart. Moving Averages as Support: The price action is converging near key moving averages, which could act as dynamic support zones. A potential bounce from this region is supported by historical performance around these levels. Volume Analysis: Recent volume spikes around critical price zones indicate heightened institutional interest, reinforcing the potential for a reversal or sustained breakout. Fibonacci Levels: The $158-$160 range also aligns with the 61.8% Fibonacci retracement level, a critical zone watched by institutional traders. This provides an added layer of confidence in the identified support. Risk/Reward Setup With a potential entry around $158, targeting the ATH of $193 provides a compelling risk-to-reward ratio. A stop-loss placed around $150 ensures the risk is well-managed, with an estimated R:R exceeding 2:1. Fundamental Analysis Apollo Global Management’s solid fundamentals further support the case for a long-term hold: Fundamental Analysis Apollo Global Management’s strong fundamentals reinforce the case for a long-term hold: Earnings Per Share (EPS): $8.28 (trailing twelve months), reflecting a YoY growth of 141.45%, showcasing the company’s robust profitability rebound. Dividends Per Share: $1.72 (TTM), with a YoY growth of 6.98%, indicating steady shareholder returns and dividend stability. Strong Historical Growth: Apollo has demonstrated significant earnings resilience, recovering from a loss in 2022 (-$3.43) to positive EPS in 2023 ($8.28). Sector Outlook: As a leading asset management firm, Apollo is well-positioned to benefit from market trends favoring alternative investments, which are expected to grow substantially over the coming years. Upcoming Catalysts Keep an eye on any earnings reports or significant corporate announcements that could act as catalysts for the next leg higher. These events may also validate the technical setup and the expected rebound. Conclusion APO is setting up for a strong rebound from the $158–$160 level, with technical, volume, and fundamental indicators all pointing towards a bullish continuation. The upside potential back to the ATH of $193 represents a significant gain, making this a great opportunity for a longer-term hold. The setup is looking excellent for patient investors.
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/JPY Buy. Enjoy the day all. Cheers. Jim
Its hitting the 2 extenxion on the fininacci retracement at 610 611 also previous high on the daily chart december 6th high is 609 so makes since to retrace here . I bought many put options today deep in the money i think thats a major resistance now , the macd on the monthly shows bulls losing monentum . I am expecting a correction to start end of month or february . I can take the loss and close the options if they push it above 610 . Not a recomendation just my thoughts
where's the top?? somewhere in the grey box with time and price areas and the fib from last cycle high to low to extend upward. 6.18s again are some best areas, but any 212 414 may work so ladder out the end of summer pow! again, or...or... different cycle due to BTC President??
BTC has just locked in a bullish range after clearing out it previous high with a sweep and retesting it zones multiple times now headed down for a retest on the supporting range, which could possibly set in a new ATH for the BTC pair. CRYPTO:BTCUSD
Short term MBSB could be heading to support area around 0.700 If Cup and Handle pattern forms, TPs are the greenline marked on the chart. Dividends have been good from this stock, plus it's a Banking stock.. with interest rates stable and potentially going down from here, loans are going to be cheaper and banks profit will grow Q-on-Q. It's also one of the only two Banking stocks that are Shariah Compliant. I am looking to add position at 0.690 (support area) and keep it on my portfolio long term.
entry: Current Market Price take: 0.62100 stop loss: 0.63100 AUD/USD is currently rejecting a key resistance level at 0.62930, with bearish momentum building. Technical indicators, including the Super Trend and Pivot Point HL, confirm the downtrend, suggesting further downside potential. SELL ? ✅ Like and subscribe to never miss a new analysis!
Good day team, many thanks to @without_worries hope you all are well. Here we have REE, this asset is on an upward trendline and today it has broken out of it's short term trend line with a bullish candle. I would hypothesize that the breaking of the short term trendline and the bullish engulfing candle and also the price action forming an upward trendline, that this would be a good Long play. In addition, the Stochastic RSI is healthy and there is a chance the MACD(Chris Moody) might have a bullish crossover. Be careful stay safe the markets are unpredictable.
Entry: Current Market Price take: 0.55910 stop loss: 0.57417 NZD/USD is currently trading within a resistance zone. With bearish pressure building, we expect a move downward toward the target level, while the stop loss is set above the resistance to manage risk effectively. SELL ? ✅ Like and subscribe to never miss a new analysis!