Price may be approaching a key support zone or moving average, providing a bounce opportunity. RSI could be oversold, suggesting bullish momentum may develop.
You can sell USOIL | CL1! | USOUSD at the same entry as mine and the same target and stop. Follow for more!
How interesting is this—markets seemed nervous for 3 weeks as we approached the deadline to fund the U.S. government. The deadline passed over the weekend, and a deal was reached. Yet, here we are, with Dow futures opening down 80 points. With Christmas Eve tomorrow, it looks like the Santa rally got canceled this year. Five Dow components are already in bear market territory (down more than 20% from their highs). So, what do you think? Is this the perfect spot for a pullback, or do we rally from here? I’ll be looking for weak spots to short with a tight stop—and I’d love to hear your thoughts. Leave your comments below!
Hello Traders and investor ? What do you think about gold today Current gold price; 2617 Bulls are back and now gold is about To hit 2643 Wich is our demand zone, After rejecting 2590 twice market has Establish a strong bullish trend, from This position market's first target will be to Break 2624 resistance and if market successfully breakout this zone then it's Next target will be 2643 Key points; Resistance 2624: 2634 Supporting area 2590: 2603 Note: First target: 2624 Second target: 2643 Stop loss : 2590 Kindly support and like comment ❤️
This analysis highlights a long position opportunity for BTC/USDT. The chart shows a clear breakout from the descending trendline (blue line), which typically indicates a shift to bullish momentum. Increasing trading volume supports the validity of this breakout. Key Levels: Entry Point: Around $96,150, where the breakout is confirmed. Stop Loss: $93,390, set below the local support to minimize risk. First Target (TP1): $99,033, aligning with the next resistance level. Second Target (TP2): $102,297, coinciding with the upper trendline and a significant historical resistance level. Analysis: Bullish Breakout: The descending blue trendline has been broken, signaling a potential shift from bearish to bullish momentum. Volume Confirmation: The breakout is accompanied by increased trading volume, indicating market participation in this move. Risk-Reward Ratio: The trade offers an attractive risk-to-reward ratio, particularly with the higher target at $102,297. This setup assumes continued bullish momentum, but traders should closely monitor Bitcoin’s price action and manage risk accordingly. Ensure proper position sizing and watch for any rejection signals near resistance levels.
Nasdaq (NDX) has been trading within a Channel Up pattern since the September 06 Low and potentially has started the new Bullish Leg as on Friday it hit the 1D MA50 (red trend-line) and rebounded. The 1D MA50 has been holding since the September 12 bullish break-out. Still, there is no confirmation yet, as the price remains below the 4H MA50 (blue trend-line). As you can see on this chart, every time the index broke above its 4H MA50, it never broke again until the next Higher High of the Channel Up, technically confirming the new Bullish Leg. With the 4H RSI rebounding also from oversold (
We see the 5th impuls of the elliot wawe to the upside, extended fib is our take profit zone, entry based of imbalance, Fib , And support Zone.
Good week friends An amazing week awaits us after a quality correction we returned to our trading range Christmas this week for our American friends the stock market closes early on Tuesday, and there is no trading at all on Wednesday. For me the chart looks good and is going to rise strongly in the immediate time frame after a very high-quality and healthy correction of about 13% on the chart of the market king "Bitcoin" An excellent news environment awaits us this week that will give us a lot of fuel to continue the upward trend On Monday 23.12.2024 The CB Consumer Confidence Index awaits us at 17:00 Tuesday Although the stock market closes early we have two important news Monthly Durable Goods Orders at 15:30 New Home Sales at 17:00 Wednesday 25.12.2024 The stock market is completely closed - Christmas. Thursday 26.12.2024 Initial claims for atab fees at 15:30 Crude oil stocks at 18:00 Green Week in the IDF, good luck
Key Stats: Market Cap: Approximately $9.61 billion Revenue (TTM): $22.04 million Next Earnings Date: March 26, 2025 Technical Reasons for Bullish Outlook: Strong Upward Momentum: IONQ has been on a tear, with a 17.64% increase in the past 24 hours, pushing the stock to a new 52-week high. Bullish Moving Averages: The stock is trading well above its 20-day (34.82), 50-day (27.30), and 100-day (20.67) exponential moving averages, indicating sustained upward momentum. Positive Price Rate of Change (ROC): With a ROC of 38.55, IONQ is exhibiting strong price appreciation, signalling continued bullish sentiment. Fundamental Reasons for Bullish Outlook: Analyst Upgrades: Craig Hallum recently raised their target price for IonQ from $22.00 to $45.00, maintaining a “buy” rating, reflecting increased confidence in the company's prospects. Strong Growth Potential: IonQ is a leader in quantum computing, a field poised for significant growth, positioning the company to capitalize on emerging technological advancements. Solid Financial Position: Despite current earnings losses, IonQ's substantial market cap and revenue growth indicate robust investor confidence and potential for future profitability. Potential Paths to Profit: Option 1: Buy Shares (Lowest Risk) Option 2: Buy LEAP Options expiring in 8-12 months, and sell when the stock approaches your profit target. Disclaimer: We are not a brokerage or investment firm. We do not offer financial advice or investment advice and/or signals. This is not certified financial education. We offer access to the daily thought process of an individual and his experiences. We do not offer refunds. All sales are final. Please LIKE, FOLLOW, SHARE, and COMMENT if you enjoy this idea! Also, share your ideas and charts in the comments section below! This is the best way to keep this signal relevant, keep the content free, and allow the idea to reach as many people as possible.
Today we saw a smart comeback by Nifty but a confirmation candle and a positive closing to the week an ensure if it is not a dead cat bounce (Only a Technical bounce before Nifty falls again). Further ground has to be covered by Nifty before we reach the Bull territory. The closing today was good above the Father line and indicates positivity but whether the bounce sustains or not is a question that will be answered later in the week. Right now the supports for Nifty remain at: 23691 (200 days EMA) or the Father line, 23588, 23258 (Mid channel support), 22499 and 21572. Resistances on the upper side are at: 23871, 24053, 24183, 24359 (50 day's EMA) or the Mother line resistance, 24552 and finally 24721 (Important Fibonacci resistance). Bulls can get a prominence only after we get a closing above this level. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.