NVDA to come down to $35-50 areaNVDA to come down to $35-50 area Based upon previous 2020-2021 And also 2015-2018 patterns Shortby MCMC_0889
ZEEL or no ZEAL? Zee Entertainment has been a very old trading stock of punters. Since the Sony debacle, this stock has been re-rated negatively. The governance issues are being sighted as a cause for the continuous selling. Domestic mutual fund houses have reduced positions by almost 3.3 percent in last quarter. The number of Foreign institutions holding it has also reduced. It looks cheap when you see the chart and its high and lows. But beware! Even at this low price, it has a PE which is at par of its competition. Reliance-Disney deal has also dealt a big blow. Technically it has made a double bottom . The resistance lines are marked in chart for your reference. Keep it in your watchlist. A small bounce is also likely. This can be used as a trading opportunity. But for long term, the trend needs to be reversed before taking any positions. This is not a buy/sell recommendation. This post is only for educational purpose. Kindly consult your financial advisor before investing. Keep strict stoploss and money management rules. Happy Trading!!by farcortex110
Understanding Market Dynamics: When Effort Meets Resistance and volume dynamics. For instance, there are moments when stocks rise with high volume, yet the price barely moves. This phenomenon can be a critical signal for traders, reflecting the market's internal mechanics. In general, there are four key states to observe in the relationship between price and volume: High Volume, Low Price Movement – A potential sign of resistance or distribution. Low Volume, High Price Movement – Indicates lack of conviction or speculative activity. High Volume, High Price Movement – Suggests strength or accumulation. Low Volume, Low Price Movement – Reflects consolidation or market indecision. These dynamics highlight the importance of not just looking at price charts, but truly understanding the story they tell. Sometimes, the market signals "buy" during peak momentum, but soon after, prices find their way downward effortlessly, leaving behind effort without result—a classic sign of exhaustion or distribution phases. Take NVIDIA as an example. While I currently avoid trading it due to its strong fundamental standing and lack of immediate alternatives, sometime fools can become smart when it's punpy ride. the chart itself reveals fascinating patterns. These patterns often follow the laws of physics—momentum, inertia, and resistance—all playing out visually in the markets. Remember, this is not trading advice but an invitation to explore how combining technical and fundamental analysis can provide deeper insights into market behavior. Every trader should develop their own system and evaluate risk accordingly. i don't know if it will go up or down, but as i see from the behavior of the price i can only guess :) let's find outby BarakSapir0
#MEPA#MEPA time frame 1 hour created a bearish Gartley pattern sell point at 1.34 stop loss / rebuy 1.38 first target at 1.297 second target 1.26 NOTE : this data according to time frame 1 hour Its not an advice for investing only my vision according to the data on chart Please consult your account manager before investing Thanks and good luckShortby tfcgeorge0
$GWAV 40% minimum from these price ranges..NASDAQ:GWAV is undervalued should reach 0.99-$1 minimum before end of year. TP 1 - 0.95 cents TP 2 - 0.99 centsLongby leonhoon831
2 years channel and 200 DMAMercado libre have been in Uptrend for the last 30 months. It is close to the channel trend and the 200DMA.Longby KongKoffein1
Reverse head and shoulders/cup and handle TSM looking very strong with bullish price action showing a lot of test onto the supply zone in the low 200s. A break above here would easily lead straight to 240 in the short term with a 20% gain potentially. Longby MysteriousPersian118
United States Antimony (UAMY) Stock AnalysisCompany Overview: - United States Antimony Corporation (UAMY) is a company focused on the mining, production, and sales of antimony and related products. They operate in various mining and processing activities, extracting antimony and producing antimony oxide, which is crucial for a wide range of industrial applications, including flame retardants, battery materials, and other specialty chemicals. The company is uniquely positioned as one of the few domestic producers of antimony in the United States, and its operations are key for national security, given the strategic importance of antimony in manufacturing critical materials like semiconductors and military technology. - UAMY’s business model is structured around both the acquisition of high-potential antimony deposits and the development of processing capabilities to refine and sell the material to domestic and international markets. Their focus on maintaining a sustainable supply chain for antimony, especially as it is a critical material in the electronics and defense sectors, sets them apart from many of their competitors. The company is also working on improving the efficiency of its operations and expanding its production capacity to meet growing demand. Impact of China’s Antimony Export Ban: - In a significant development for the global antimony market, China recently announced a ban on the export of antimony to the United States. This move is part of a broader effort by China to control the supply of key rare earth and critical minerals, such as antimony, that are essential for advanced technologies. As one of the largest producers and exporters of antimony, China's restriction has immediate implications for industries relying on antimony as a raw material, including semiconductor manufacturing, aerospace, and defense. - The United States is highly dependent on imports for its antimony supply, and China's move could exacerbate the ongoing supply chain challenges faced by American manufacturers. This creates an opportunity for companies like United States Antimony Corporation (UAMY), which is one of the few U.S.-based producers of antimony. With the potential for domestic production to fill the supply gap, UAMY could benefit from increased demand for its products. Moreover, as the U.S. government and private sectors look to diversify their supply chains away from reliance on China, UAMY’s operations could see a boost in demand and pricing. _____________________________________________ Technical Analysis of UAMY (United States Antimony) Stock: Price Action and Resistance Levels: Recent Price Surge: UAMY recently experienced a significant spike in price, jumping from $0.71 to $1.90. This sharp increase signals strong market interest and a potential breakout. Resistance at $1.90: The price is currently encountering resistance around the $1.90 level. This price point has acted as a ceiling, suggesting that further upside movement could be limited unless this level is breached. The price action near $1.90 will be crucial in determining whether UAMY can continue its upward momentum. Potential Resistance at $4: Beyond $1.90, the next notable resistance lies around the $4 mark. This would be a significant level to watch for potential price action if UAMY can maintain its momentum above $1.90. Moving Averages: 50-Day MA vs. 200-Day MA: Currently, the 50-day moving average (blue) is below the 200-day moving average (magenta), a common bearish signal. However, the recent spike in the 50-day MA suggests an emerging uptrend. If the 50-day crosses above the 200-day, this would signal a stronger bullish trend. RSI (Relative Strength Index): RSI at 86.37: The RSI is quite high at 86.37, which indicates that UAMY is in overbought territory. While this signals strong momentum, it also suggests that a pullback or consolidation is possible. Overbought conditions often precede price corrections, so traders should remain cautious. Directional Movement Indicators (DMI): DI+ at 55.49: The positive directional index (DI+) is strong, confirming that the bulls are in control. A DI+ value above 25 is considered a sign of a strong trend, and at 55.49, this is a very strong reading. DI- at 7.66: The negative directional index (DI-) is low, indicating that there is little selling pressure. This supports the notion that the current bullish trend is firmly in place. ADX at 43.38: The ADX, which measures trend strength, is at 43.38, indicating that the current trend is strong. This is another sign that UAMY’s bullish momentum is significant and likely to persist as long as key resistance levels hold. ATR (Average True Range): ATR at 0.1924: The ATR suggests moderate volatility. While the stock has seen some sharp movements recently, the volatility is not excessive. This indicates that the price action is likely sustainable, at least for now, without extreme fluctuations. Volume: Slight Increase in Volume: Since August 12th, UAMY has seen a slight increase in volume, signaling that market interest is gradually growing. A sustained increase in volume could support further price increases, especially if the stock breaks through resistance at $1.90. _____________________________________________ Summary & Outlook: UAMY appears to be in a strong bullish phase, but there are several factors at play: Antimony Supply Dynamics: The recent export ban by China on antimony to the U.S. could be a significant long-term catalyst for UAMY. As a key domestic supplier, UAMY is well-positioned to capitalize on increased demand for antimony, particularly from sectors like semiconductors, defense, and electronics. This geopolitical development may enhance UAMY’s market value and earnings potential. Overbought Conditions and Resistance: While UAMY shows strong upward momentum, the RSI at 86.37 signals that the stock is overbought, which could lead to a price correction or consolidation. The immediate resistance at $1.90 is a crucial level, and the price action around this point will determine if the stock can break higher or face a pullback. Bullish Trend with Strong Momentum: The strong DI+ (55.49) and high ADX (43.38) suggest that the bulls are firmly in control, with a strong trend behind UAMY's recent move. This trend, however, could be tested if the $1.90 resistance holds. Volume and Moving Averages: Although the volume is increasing slightly, it is not yet explosive. A sustained increase in volume and a potential cross of the 50-day MA above the 200-day MA would further solidify the bullish case. In conclusion, while the stock is currently in overbought territory and encountering resistance, UAMY’s position as a key domestic supplier of antimony, especially amid the China export ban, makes it a potentially valuable player in the growing market for antimony and related products. Traders should watch the price action around the $1.90 level for a breakout or pullback. With strong trend indicators and the potential for increased demand, UAMY’s long-term outlook remains promising, but caution is warranted given its current overbought conditions. Sources: United States Antimony Corporation - About Us - www.usantimony.com China Bans Antimony Exports to the U.S. - AP News - apnews.comLongby maybethatguyUpdated 2211
Bullish on All Time Frames.Bullish on All Time Frames. Immediate Support seems around 34.50 - 34.80 Weekly Closing above 35.10 will trigger more positivity targeting 37 initially. Crossing 38.20 may lead it towards 42 - 43by House-of-Technicals5
#ISMQ#ISMQ created a bullish Gartley pattern at time frame 30m entry level around 4.22 stop loss 4.19 first target at 4.35 second target 4.42 up to 4.48 NOTE : this data according to time frame 30m note : MACD and RSI show positive diversion may support our idea also may prices go down to 4.15 then it will active anther Gartley pattern at time frame 1 hour and then the stop loss will be 4.10 ( targets still the same ) Its not an advice for investing only my vision according to the data on chart Please consult your account manager before investing Thanks and good luckLongby tfcgeorge1
@NVDA bearish structurea market structure waiting to see how this play out but i still believe bears might broke the structure and move lower ,we wait to see what happens next Shortby KlenamCapitalUpdated 2214
Secure Logistics-SLGL-PSX Buy CallAfter launching on PSX, SLGL made high of 20.55 then it retraced upto Fib level of 50%. Now, the instrument is making HH and HL and going to give breakout of bullish flag breakout. good volume indicates bullish momentum and strength of bulls. Entry at CMP is aggressive one, One may take entry after breakout of bullish flag TP-1: recent to Tp-2: projection of bullish flagLongby ALIHAMID6
SHORT NVIDIA for a 15% Profit Target from yesterdays close...**NIVIDA** Failed to create a new High and Broke Support in yesterdays session on higher Volume circled below, see the stock falling at least another 15% from here dragging the S&P index with it, first target would be $110 with stop loss placed above all time high $152.90 ...Shortby hkhairyUpdated 2
POLYCABpolycab broke the channel and going up looks strong closing above 7600. keep your eye on it. education purpose only.by ArunKumar1707860
NVDA tapped outLooks like Nvidia is finally out of gas as its breaking this long term upwards trend. Not much support here so I think we see a correction towards $80. Shortby kyleeto220
Review and plan for 17th December 2024Nifty future and banknifty future analysis and intraday plan. Swing idea. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar Hiremath, CMT Long06:36by vinaysh0