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WKHS The horse that works extra hard does all the workInteresting trend alignment on WKHS that has a possible drop really low which could spring the price, there is also potential for a confirmation due to a short increase in price which could theoretically do the same. The better climb for the price would be to DROP first to .4999 and then rocket upwards, however, there is a chance, that .8 takes the price to 1.2 which then sees the big drop to .4999, which leaves with the final chance of the $7 jump going .4999. It seems this .4999 is the move that springs the price upwards of $30, otherwise I wouldn't be as hopeful. It should happen fast, and retracements should happen fast. Good luck! Line on chart is more of an estimate or guideline, instead follow the price targets and trends. Here's an analysis of the chart for Workhorse Group, Inc. (WKHS): Timeframe: Daily Chart: This chart shows daily price movements from late 2022 to the present, around November 2024. Price Movement: Initial Decline: From late 2022 into early 2023, there was a significant decline in the stock price, dropping from above $30 to below $2. Consolidation: Post-decline, the stock entered a consolidation phase, trading sideways with minor fluctuations around $2 to $4 from mid-2023 to early 2024. Recent Surge: There's a notable sharp increase in the stock price towards the end of 2024, rising significantly from around $1.20 to over $30. Technical Indicators: Moving Averages: 200-day Moving Average: The stock price has been below this moving average for most of the period, indicating a long-term bearish trend. However, the recent surge has pushed the price above this average, suggesting a potential shift to bullish sentiment. Support/Resistance: Support: Around $1.20, where the price bounced back before the surge. Resistance: Previous highs around $30 could act as psychological resistance, but the recent break above this level suggests strong bullish momentum. Volume: Volume Spike: There's a noticeable increase in volume during the recent price surge, indicating strong buying interest. Chart Patterns: Inverse Head and Shoulders: Towards the end of the chart, there's a formation that resembles an inverse head and shoulders pattern, which is typically a bullish reversal pattern. Neckline: The breakout above the neckline around $1.20 confirms this pattern, projecting a potential rise to around $30, which the stock has already achieved. Fibonacci Retracement: Not explicitly shown, but if drawn from the peak to the trough before the surge: 61.8% Retracement: Around $18.90, which could be a potential target or resistance level. Analysis: Trend Reversal: The recent surge indicates a strong reversal of the downtrend that dominated from late 2022 to early 2024. This could be due to positive news, earnings, or market sentiment. Momentum: The stock has significant upward momentum, but after such a rapid increase, it might face profit-taking or consolidation at these levels. Risks: Given the rapid rise, there's a risk of a pullback or correction. If the price fails to hold above the previous resistance at $30, it could see a sharp decline. Conclusion: Bullish Outlook: The chart suggests strong bullish momentum with potential for further gains if the current sentiment holds. However, caution is advised due to the possibility of a pullback after such a steep rise. Entry Points: For those looking to enter, waiting for a pullback to test support around $20-$25 or using options for less risky exposure might be wise. Stop Loss: For traders, setting a stop loss below the recent breakout level around $1.20 or the 50% retracement level could manage risk. Remember, while technical analysis provides insights, fundamental analysis and understanding the company's news, earnings, and market conditions are crucial for making informed trading decisions.
NASDAQ:WKHSLong
by nicktussing77
HEG Skyrockets! All Targets Nailed with RisologicalHEG on the 1-Hour timeframe successfully executed a long trade with all targets from TP1 to TP4 hit with remarkable precision. Trade Highlights: Entry: ₹428.35 Targets Hit: TP1: ₹448.85 TP2: ₹482.00 TP3: ₹515.20 TP4: ₹535.70 Stop Loss: ₹411.75 Technical Insights: This trade showcased the accuracy and reliability of the Risological Trading Indicator in identifying optimal entry points and scaling through multiple target levels. The upward trend was well-sustained, demonstrating confidence in the tool's ability to manage trades effectively.
NSE:HEGLong
by ProfitsNinja
Metro Brands Ltd Swing tradeHello, Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum. Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend. Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios. Details is Mentioned in Chart, Read carefully.. .
NSE:METROBRANDLong
by OptionCallPro
sree rayalseema high strength looks good for900++Cmp835 stop 780 target900. Risk rew 1:1 Technical after a short sideways move,now trying uptrend breakout from resistance volume increasing higher high created can test a new high around 850-900 stoploss or exit @780 levels. Fundamentals not excellent for me.. Sept quarter was good. But yearly perfomance not upto the mark.. Sales and profit need to pickup.. Already given call@july2024.. This s an updation for new buyers! Not a reco..only for study purpose!
NSE:SRHHYPOLTD
by CRYSTAL_EQUITY
sree rayalseema high strength looks good for900++Cmp835 stop 780 target900. Risk rew 1:1 Technical after a short sideways move,now trying uptrend breakout from resistance volume increasing higher high created can test a new high around 850-900 stoploss or exit @780 levels. Fundamentals not excellent for me.. Sept quarter was good. But yearly perfomance not upto the mark.. Sales and profit need to pickup.. Already given call@july2024.. This s an updation for new buyers! Not a reco..only for study purpose!
NSE:SRHHYPOLTD
by CRYSTAL_EQUITY
Options Indicator Explained - so you can SEE what you tradeEver since we created this indicator back around 2020 on the TradingView platform it is so far the best platform for our analysis, research, coding, and development of different trading tools. This was 4 years ago, but we have been with TradingView almost for a decade ! The whole concept of this indicator came when a long time ago we read the big big book of options, and could not understand how come the stock price moved up but our calls are losing money ! Yes, we have been there too. And then came this indicator to life. We don't make a trade without it ever since. If you saw the video, you clearly know why. Let's delve into some key concepts that can elevate your trading game: ### 1. Visualizing Profit and Loss One of the most powerful tools in an options trader's arsenal is the ability to plot profit and loss lines on a chart. This visualization helps you understand the time decay of the options you buy or sell. By seeing how your potential profits or losses change over time, you can make more informed decisions about when to enter or exit trades. ### 2. Moving Beyond the Greeks The Greeks—Delta, Gamma, Theta, and Vega—are often emphasized in options trading, but their standalone value can be limited. What truly matters is how these metrics impact your profit and loss curvature. Think of it like driving a car: while an acceleration meter provides some information, what you really need is the speedometer and a clear view of the road. Focusing on the profit and loss curves allows you to grasp the real impact of these factors on your trades. ### 3. Identifying Pivot Points By observing profit and loss lines, you gain insights into optimal entry and exit points. Placing trades at pivot points can enhance your reward-to-risk ratios. Certain options offer generous room for stop-loss placement and quick profits if you choose pivot points where price rejections are likely. Seeing these lines helps confirm that your trading idea has a high probability of success. ### 4. Conducting Volatility Simulations Professional volatility testing with your indicator is crucial. It allows you to anticipate how changes in volatility will affect your options' profit and loss. Each case is unique and dependent on the underlying stock, so it's vital to have contingency plans and avoid trading blindly. You must always take into account that the volatility can drop or rise against you, and you need to see that even if it happens, you will still be okay, and not be a dreamer. Reality is everything, trade realistically. ### 5. Timing Your Trades Boost your performance by understanding how much profit you can lose (when buying options) or gain (when selling options) over the duration of your trade. This knowledge helps you make better timing decisions and manage your trades more effectively while you are inside the trade. In some trades you can clearly see that you just don't have the time to survive a correction and then wait for the next pulse wave to come and save you, you can see clearly that it is better to take profit today, since you just do not have enough time for a correction and a bounce back to the current profitable price. In options, what it is profitable today is NOT profitable tomorrow. I show you this in the video. ### 6. Simplifying with Profit Lines You don't need to rely heavily on the Greeks anymore. Profit lines already account for these metrics, freeing your mind to focus on price action. This approach eliminates the confusion often associated with the non-linear behavior of options, rooted in complex models like Black-Scholes. ### 7. The Black-Scholes Model and Implied Volatility Understanding the Black-Scholes model and implied volatility is fundamental. These concepts help you grasp how options are priced and how market conditions can impact their value. Using the indicator, you don't need even to know who or what is the Black-Scholes Model, since it does all the work and heavy lifting for you, by plotting you exactly what you truly need... Where you make a profit, where you will make a loss, and how much (profit lines). ### 8. In the Money vs. Out of the Money Knowing the difference between "in the money" and "out of the money" options is crucial. In-the-money options have intrinsic value, while out-of-the-money options are more speculative and rely on price movements to become profitable. ### 9. Short-Term vs. Long-Term Options Short-term call options offer quick potential gains but come with higher risks due to time decay. Long-term call options, on the other hand, provide more time for your trade to work out, reducing the impact of time decay but often requiring a larger capital investment. I show a clear example in the video. ### 10. Maintaining Reward-to-Risk Ratios You should make sure you always maintain the reward-to-risk ratios in your favor BEFORE you enter the trade, this is what keeps you in the game and makes you thrive and not just survive. Do you think they let a pilot to land an airplane, just with his "gut feeling" or do they give them an indicator to SEE the runway? If you don't see your profit and loss lines, you don't see the runway when you land your plane. We've all seen those wallstreetbets BLIND crash landings in options and know how they end before they started. This can and should be avoided, always know your risk, and your potential reward. ### 11. Proof of Accuracy Finally, reliable indicators provide proof of accuracy, showing you the same profit or loss you'd experience given stock movements and implied volatility changes. This consistency gives you confidence in your trades, eliminating confusion and preventing unexpected losses. In the end of the video, there is proof of the accuracy, that the indicator in did shows you the same profit or loss you will have in the position, given the stock movement and implied volatility changes, so you can rest assured that your landing indicator will not surprise you no matter the weather, you will have full control on your options trade. No more the feeling of confusion and then your fast profit crushes to zero or even a loss and you don't know why. Master these concepts, and you'll have a robust framework for navigating the complexities of options trading with precision and confidence.
NASDAQ:TSLAEducation
by ZoharCho