Swing trade idea ? Buy above 251 SL 220 Target ? 390 Disclaimer -We are not responsible for your profit and loss, it's only for education purpose analysis.manage your risk and trade own Swastik capital
JNJ has been going down. Waiting to accumulation. Now breaking out. Lets see.
The chart is that of OIL market we have had a abc rally back to .786 and a major down trendline I Have just moved into PUTS as a Crash in the oil market is now in the cards best of trades WAVETIMER
Looking for a move above the local 618 for confirmation, but the first target would be the top of the range for the Sign of strength. Typically youll see a partial decline of sorts, which would then statistically favor a breakout into extension targets at the 1.618, and the measured move a bit higher. With daily and 3 day volatility still contracting, it could take a little time but momentum has shifted upwards, and bias remains higher without a new low.
Everyone agrees that Bitcoin is hot right now and will continue to rise in the next week. When everyone thinks so, the market often has unexpected events. The market is not a charity, nor is it an open-book exam. I hope everyone will operate with caution and not get carried away. Bitcoin will definitely fall again this week! Please wait and see!
Sharing with you a breakout stock before the weekend, BSE today breakout its previos High 10 to 15% upside potential. holding period 1-2 week.
Applied Materials, Inc. is an American corporation that supplies equipment, services and software for the manufacture of semiconductor (integrated circuit) chips for electronics, flat panel displays for computers, smartphones, televisions, and solar products. The company also supplies equipment to produce coatings for flexible electronics, packaging and other applications. U.S. chip stocks rise on Thursday, January 16th, after Taiwan Semiconductor Manufacturing Co NYSE:TSM , the world's largest contract chipmaker, reported record quarterly profit today. In technical terms, Applied Materials stock was not among hyped and scorching-hot Trump-a-Rally assets in November, 2024. However the most important thing is that in December, 2024 AMAT stocks has been supported by 100-week SMA and now is forming breakthrough of descending top/ flat bottom technical figure, trying to print the biggest over past twelve months 4-weeks upside swing. In fundamental terms, Applied Materials NASDAQ:AMAT is presently being traded at a Forward P/E ratio of 22.12. This signifies a discount in comparison to the average Forward P/E of more than 25 for Semiconductors industry peers. Another Semiconductors industry peers are being trading as follow - a Forward P/E ratio for Nvidia Corp NASDAQ:NVDA is presently 53.30; for Taiwan Semiconductor Manufacturing NYSE:TSM is 34.92; for Broadcom Inc NASDAQ:AVGO is 191.80; for Asml Holding NV NASDAQ:ASML is 40.08; and for Advanced Micro Devices Inc NASDAQ:AMD is 106.63. The main technical graph for Applied Materials Inc. NASDAQ:AMAT indicates on a forming breakthrough of descending top/ flat bottom technical figure. The nearest upside target is considered by our team as a 6-month highs near $ 215 a share, and the far target is considered as a Double Top technical figure around $ 250 a share, that can be achieved over next 6 months. https://www.tradingview.com/x/n9752eyf/
Clear reversal of trend, monthly bearish fractal forming, reversion to mean during the deleveraging throughout 2025
Gold was supported by weaker core inflation data in the United States, reinforcing expectations of a rate cut by the Federal Reserve later this year. Traders currently expect the possibility of two rate cuts before the end of the year, with the first likely in June. At the same time, easing inflation and falling bond yields put pressure on the US dollar, creating additional positive factors for gold. Geopolitical stability curbs safe-haven demand. Although bullish factors dominate, gold's rise has been curbed by geopolitical developments, including a ceasefire agreement between Israel and Hamas. The easing of tensions in the Middle East has reduced gold's safe-haven demand, which had previously driven gold prices higher. Gold maintained a strong upward breakthrough today, and after stabilizing at the 2689-2699 points, there was a long continuation. The upper strength is now $2725. Considering the retreat layout of long orders in today's operation, the high altitude should be considered after the breakthrough of the strength and weakness points. Gold plan today: buy in the 2705-2710 area, TP 2725-2730, SL 2700.
I'll keep it short. Check my BTC idea for extended analysis. ETH mitigated our Daily bearish FVG at optimal trade entry. It changed character and left us with liquidity voids and order blocks. We seek entry at the 2H order block and we hold position till the 4H FVG is mitigated.