NVDA in a Clear Head and Shoulders PatternGiven the performance of the QQQ of late, and multiple congruent levels and patterns on NVDA's chart, here are some interesting levels to consider.
JSW Energy looking Energetic JSW Energy Ltd. engages in the business of power generation. It operates through the following business segments: Power Generation, Power Transmission, and Power Trading.
JSW Energy Ltd. CMP is 688.95. The Positive aspects of the company are Company with decreasing Promoter pledge, High Volume, High Gain, Top Gainers and High Momentum Scores. The Negative aspects of the company are extremely high Valuation (P.E. = 61.5), Companies with Increasing Debt, Increasing Trend in Non-Core Income, High promoter stock pledges.
Entry can be taken after closing above 701 Targets in the stock will be 719, 738 and 756. The long-term target in the stock will be 773, 792 and 809. Stop loss in the stock should be maintained at Closing below 642 or 582 depending on your risk taking ability.
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.
Consider Long at $52Considered Long position at $52, Stop loss at $50 or $49. Stock is approaching monthly support level, right now might not be a good time to add. Set Alert when price approach $52 for swing Trade up.
“4” reasons to go long CLSKI went long NASDAQ:CLSK again - at 12.3175 at the close today. Since this summer when I started posting ideas, I've made 5 trades in NASDAQ:CLSK and made an average of almost 13% per trade and those 5 trades averaged under 3 days in length (all verified in ideas I've posted here).
The miners are such a gold mine when it comes to how I trade. One of the keys for the average person when it comes to the miners is to look in the “minds” for the stock. When everyone there starts complaining about conspiracies, criminality, or changing their mind back to “this thing is garbage” 2 weeks after they were gleefully shouting “to the moon” and posting rocket emojis, you know it’s getting close to time to buy 🤣.
Seriously, though. My algo says it’s time to buy and you know I don’t question its judgment. But if you just look at the chart, there are a few other things that also poke you in the ribs and whisper “buy itttttt”.
1) Uptrend - the regression channel here makes it obvious, but NASDAQ:CLSK has been in an uptrend since the beginning of September. The trend is your friend until it ends - and it hasn’t yet.
2) Higher highs and higher lows. Part of the uptrend thesis, but until this closes below 9.80 (an over 20% loss from here), the uptrend is intact.
3) Minor (no homonymous pun intended) support at 11.40 from the low of the gap up candle.
4) Finally, 4 consecutive down days. Going long after 4 down days in a row has been an incredibly quick and reliable payoff for quite some time now. You’d have to go back to September of 2022 to find a 4 down day buy that didn’t pay off in under 3 weeks. In fact, it has only taken even 3 weeks 2x since then. The most common payoff is 1 day, and almost all have been less than a week since Sept. of ‘22. I’m all about the quick payoff and I’m expecting this one to be as well.
Per my usual strategy, I'll add to my position at the close on any day it still rates as a “buy” and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit. Depending on the situation, I may sell calls as well since the premiums on miner options are just ludicrous.
As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
$FUBO UPDATE! We may be primed for a BIG BOUNCE! NYSE:FUBO
-Staying patient and believe we may now be going for a triple bottom before we have our large move to the upside as you see on the daily chart below.
-Weekly H5 indicator is still GREEN
-We are also on the floor and green bounce area on the williams r%! Which to this point you've see what happens when we get there
-I'm not concerned because we haven't started moving big on the IWM yet and until then most small caps won't move unless they have a catalyst.
Apple Stock at $300When a stock is expected to reach new all-time highs, there’s often no clear technical level to mark those targets on the chart, my dear traders. However, from a broader perspective, Apple (AAPL) continues to demonstrate strong growth potential.
In my view, there’s no fundamental reason to believe the stock will not keep climbing. Apple remains a solid choice for long-term investors, backed by its consistent innovation, strong financials, and dominant position in the market.
While short-term fluctuations are always possible, the long-term trend for Apple seems intact. For now, the outlook remains bullish as the company continues to deliver value and maintain its leadership.
What are your thoughts? Let’s discuss!
CIFRI’m crossing two thresholds now. Going into long term, and crossing 100% gain. It’s nice to see the price pumping into the anniversary. It’s been a lot of volatility sideways. Can I get some up? I suppose so, because we printed a 20% day
Beta is not right indicator to pick high volatile stocksI have done extensive analysis on lot of stocks to see, which group of stocks gives more returns compared to market, index or any other household branded companies.
Before i get into alternative to beta, here i will try to get into the details of beta calculation to understand ourselves why beta may not represent true nature or momentum of a stock.
How is beta calculated?
Beta is multiplication of two numbers, Correlation and volatility. If any one number out of these two are less, the result will be a low beta number.
Correlation: If a stock moves in same +ve or -ve direction as that of market, it will have good correlation. On a given window of 48 prior days from now, how many days(or whatever timeframe) the stock matches up/down movement with respect to market, will give us correlation number. This value will be in the range +1 to -1. If price moves as per market direction, it will be 0 to +1. If price moves in opposite direction of market( that is stock goes up when market goes down or stock goes down when market goes up), the correlation will be 0 to -1.
Usually in practice, all stocks are mostly positively correlate with market, so they end up having values between 0 and +1. This means, stocks with close to +1 correlation will have high beta and low correlation( say 0.5) will result in low beta.
So correlation will play big role in beta value of a stock.
However there will be few stocks, which doesn't move exactly as that of market but still are high volatile. I will explain volatility in short. If one is filtering stocks based on beta, they will loose out gains on these high volatile stocks.
Instead of measuring an expected amount of return on a stock with respect to beta, we could simply use volatility to monitor a list of high volatile stocks to reap good returns over time.
Volatility: If market moves +0.5%, say stock x moves 1%, conversely if market moves -0.5%, stock x moves -1%, it is safe to say stock x is high volatile. In statistics/math terms, how much the stock is deviating from its mean compared to market, gives a relative value of volatility with respect to market. Standard deviation of stock versus market gives the volatility of the stock.
Higher the volatility, higher the gains or losses on the stock. Expecting returns on a stock based on the standard deviation is difficult. Instead, I will simply use a different calculation(explained below), that helps you easily see the expected returns in layman terms.
Say, if you buy a stock at the lowest price on a specific month, and sell at highest price in that same month, the profit can be measured in percentage wise. That same number averaged over 12 months gives a rough idea of how much profit one can expect if timed properly every month.
Selecting and timing on these high percentage profit returning stocks will amplify the returns over long time, compared to investing or trading in the low volatile stocks.
The indicator(free) of mine sangana beta table will list the stocks sector wise, how much percentage a stock moves low to high in a month.
It works for S&P500 and Nifty 500 stocks.
Happy trading !!!
NVIDIA set to make one more higher high to $165?Technical Analysis:
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A series of higher highs and higher lows in Weekly Timeframe:
NVIDIA has found support at $132, which previously acted as a resistance area during June, July, and August 24. If the stock continues to rise from this level, we could see another higher high (yellow cap) around $165. Alternatively, a deeper correction toward $104 could still be on the table if the support fails.
Fundamental Analysis:
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1) If NVIDIA struggles, it would suggest AI's momentum is waning—which is clearly not the case. This downtrend might simply reflect profit-taking by large traders.
2) The "Santa Rally" is in play, and NVIDIA appears to be on the "nice" list, signaling potential upward momentum.
3) NVIDIA's Blackwell product line is expected to contribute significantly to profits in the next quarterly earnings, potentially providing a substantial boost to the stock.
I bought NVIDIA stock at $145 and plan to hold sell at $160.
nvda orderflowThe average price target for Nvidia is $176.14. This is based on 40 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $220.00 ,the lowest forecast is $135.00. The average price target represents 28.25% Increase from the current price of $137.34.
Micron Technology - This Stock Will Double Soon!Micron Technology ( NASDAQ:MU ) is retesting massive support:
Click chart above to see the detailed analysis👆🏻
After we saw a test of the resistance trendline on Micron Technology a couple of months ago, it was quite likely that we will eventually retest the previous all time high. This structure is now acting as massive support and together with the rising trendline, we will see a bullish rejection.
Levels to watch: $90, $180
Keep your long term vision,
Philip (BasicTrading)
Quantum Corporation (QMCO)
🛠️ What they do: They focus on data storage and management solutions—a critical sector in tech.
📊 The chart: 15-min (left): Short-term bullish momentum, with support near $16-17 and potential to push higher.
1-week (right): Signs of reversal in the long term, but still high risk.
⚠️ Risk: Very volatile—manage your trades carefully.
💡 Outlook: Short-term potential looks positive, but price swings can be wild. Trade safe!
💬 Let me know your thoughts!
PLTRTutes rinsed retail today and 3.7 billion dollars needs to be injected into the stock this week to rebalance the QQQ and indexes that track it. I’m sensing that todays pullback could be a retail rinse, sell the news event for institutions to get a cheaper entry. Look at that bounce this morning.
TSLA From Erections Come CorrectionsTSLA From Erections Come Corrections while double topping.
These are both very powerful structures that have formed and bulls should be very cautious. Taking profits here is advisable.
Fundamentally speaking it goes without saying, that TSLA is stupidly expensive.
Here is my previous bull call in TSLA that yielded a beautiful 50% plus return.))
NVDA Falling Wedge Pattern Setup: $127 SL - $153 TargetA falling wedge pattern has formed on NVDA's daily chart, with price action contained between two converging downward trendlines. The stock shows a potential bullish reversal setup after reaching recent highs around $145. Volume has been declining during the pattern formation, which is characteristic of a falling wedge. The setup offers a clear risk-reward with stop loss at $127 and target at $153, with entry planned on a break above the upper trendline.
Rivian breaking out of a long term downtrend channel.Rivian just broke out of a years long downtrend channel. With curling momentum and Money Flow, this is a strong sign of a reversal. Great value play.
$CLSK / 4H Time FrameNASDAQ:CLSK is in the last Minute degree wave of its correction in wave 2.
The final target would be around 11.42 level.
Micron (MU) is Heating Up! Breakout at $114.52 and Soar UP Key Levels to Watch:
Breakout Level: $114.52
Retracement Target: $122
Major Resistance Levels:
First Target: $140
Final Target: $170
What to Expect:
If MU can break and close above $114.52, we could see a retracement to $122, creating a solid base for the next leg up. Once it clears $140, the path to $170 becomes much clearer. This level will be critical for the bulls, and if it’s breached, MU could be in for an exciting run!
Kris/ Mindbloome Exchange
Trade What You See
Rivian Automotive, Inc. (RIVN) (NASDAQ Market)Rivian Automotive, Inc. (RIVN) (NASDAQ Market)
We are in up trend in wave B or wave 1.
Regards,
OKTA forming a cup and handle pattern (BULLISH)Okta recently came out with earnings and we saw a surprise on all aspects of its numbers and EPS positive surprise of ~15%. On the technicals, it seems to be forming a cup and handle pattern which is considered very BULLISH. Together I expect this stock to rally over the short term with an upside of over 20% from here. 100 $ here we come!!!
Swig trade on MicronMicron looks to be setting up for a nice swing trade. The chart also shows a double bottom and price potentially goes back to 106 lvl. This is one of the few semi stocks that has great fundamentals but has not really given stock gains. Hence a good pick. A good swing trade but also a good long term hold. In summary this is an undervalued stock and from technicals perspective setting up for a bounce.
ARCHR can bounce of 50SMA Archer aviation is clearly getting support at 50 SMA. Yes it has had a parabolic jump in the last weeks, but the drop after the news on the 500 million USD is contrary. I think people just sold the news. But the same happened to #sofi and I think will happen to this stock as well. The PT for this is over 12 by most analysts so I believe this is a good swing trade.
UBER - At a clear buy levelwe previously pinned the 61.8 retrace level and we are now finding support at the 50%. This likely predicts a significant upward move. Note the fib channel and retrace levels.
