There is tension awaiting January 20. I think the crypto market waiting for Trump's arrival is a little too romantic.
Hey My idea is that GLOBAL correction on TWT is developing Wave C either truncated and already completed or will reach my initial target 2-2.20$ Join me on X
Once ALPH crosses the Moving Averages to the upside, it could set the scene for an explosive move higher
Long term trendline resistance has become support. It's been backtested a few times and held. Momentum looking ready to move higher. We need to see TIA push through 5.65 for a bullish continuation.
As pointed out by last week's forecast, gold has chosen the upside path and closed the past week with a bullish candle. Therefore, next week we will at least see gold touches 2715-2725 strong resistance level. There could be some accumulation at this level. Afterwards, it will either break the level and surge higher (which I think it's low in probability). Or it will drop down from this level and resume medium term bearish trend. Let's see the lower TF for actual trading signals and confirmation.
Hey EW count looks solid, but i still have doubts about possibility of huge impulse Currently price came to Fibo levels + Imbalance Who believe in EOS rebirth - now is a good entry point Join me on X
Overview: Walgreens Boots Alliance (WBA), a former staple in the healthcare and retail sector, has seen its stock plummet by 88% from its peak. This dramatic decline highlights challenges in the business and broader industry trends affecting traditional retail and pharmacy chains. Industry Shift: The rise of e-commerce and digital health solutions has disrupted traditional pharmacy models. Companies like Walgreens face increasing competition from online retailers and telehealth providers. Business Challenges: Declining foot traffic in brick-and-mortar stores and pressure on margins due to pricing competition have significantly impacted revenue growth. Strategic pivots, such as focusing on healthcare services and cost-cutting measures, have yet to deliver the desired results. Broader Economic Factors: High inflation and reduced consumer spending power have added to the company’s woes, amplifying the decline in discretionary retail and pharmacy purchases. Looking Ahead: The significant drawdown reflects market concerns over the company's ability to adapt to a rapidly changing environment. However, Walgreens’ efforts to invest in healthcare partnerships and streamline operations could influence its future trajectory. Price may seem attractive now to many long term investors. What’s your perspective on Walgreens’ journey? Share your thoughts below! ??
Overview: Super Micro Computer (SMCI) has dropped 74% from its all-time high, with a maximum drawdown of approximately 86%. This sharp decline raises the question: Is the worst over, or could further downside be ahead? Fundamental Context: Despite the drawdown, SMCI remains a leader in the AI server market. Long-term demand for AI-related infrastructure may support future growth. Market Sentiment: Investor sentiment around AI and related tech stocks has shifted, contributing to SMCI's recent decline. Broader sector weakness and concerns over growth sustainability may be playing a role. External Factors: Broader market conditions, including interest rates, macroeconomic uncertainties, and evolving demand for AI infrastructure, are critical variables influencing the stock.
This week we will be watching the pull back continue. We might see a relief bounce early but our conviction tells us we will continue down to fill the previous gap below. With CPI coming out and the hot jobs numbers a fed cut is seeming less likely in turn sending markets down.
Dear Traders, i Specified 2 Scenario for this week , Scenario 1 : Pullback to Double Trend lines and start upward movement to 2730-2740 Scenario 2 : More Correction to 2625 Area and Start upward Movement to 2730-2740 (DXY , WTI , GOLD same Upward movement ) Means we will have Panic Market , If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content." Regards, Alireza!