** investment opportunity - European stock! ** A focus on European stocks for a change. The US stock market is becoming increasingly overbought with opportunities few and far between for long term investors. A look overseas provides some attractive opportunities. As Europe transitions towards greener electricity generation so does the demand for infrastructure. One such company seeking to meet that demand is Netherlands based company ALFEN, which: “engages in the development, production, and sale of products, systems and services related to the electricity grid. It focuses on smart grid solutions, electronic vehicle charging equipment, and energy storage systems for businesses.” The TA: On the above 4 day chart price action has corrected 90% since August 2022, a number of reasons now exist to consider an investment in this micro stock. They include: 1) Price action and RSI resistance breakouts. 2) Price action on legacy support (see monthly chart below). 3) Regular bullish divergence. Multiple oscillators print positive divergence with price action. 4) The 60 euro range is 1st significant resistance upon legacy support confirmation. Is it possible price action continues correcting? Sure. It is probable? No. Ww Type: Investment Risk: You decide Timeframe for long: Remainder of 2024 Return: 500-600% Stop loss: Elsewhere Monthly support https://www.tradingview.com/x/wWMbiyH7/
Avalanche’s recent price performance reflects a bullish trajectory, marked by a breakout from prolonged consolidation phases. The chart indicates two earlier periods of accumulation, where rounded bottoms were formed before subsequent strong breakouts. Each of these breakouts led to exponential price increases, with the latest move propelling AVAX’s price to its $50 target. Support and Resistance Zones Identified: The $10–$12 range served as a strong accumulation zone for AVAX during the earlier phases of consolidation. As the price gained momentum, the $25–$30 range emerged as a key resistance level. This pattern showcases AVAX’s strong growth potential following each period of accumulation and breakout.
TSLA 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.)) https://www.tradingview.com/chart/TSLA/D9FSdV5X-TSLA-CRACK/
weekly: price is currently rejecting round psych level at 2.21000 which also is a perfect resistance that has not been broken since 23'. daily: 3rd touch of rising wedge. Currently rejecting and starting creating lower lows on lower TF's. Price action wise price did reject creating an engulfing candle. 4h: price confirmed downside creating a lower low closing below 2.20250. 1hr: price is currently rejecting from round psych level at 2.20000 which is also 50% from fibonacci retracement.
Purely technical trade setup , looking to see if it'll respect the analysis and head lower.
https://www.tradingview.com/x/r6rmF91n/ Interesting interplay between iH&S and one structural degree lower Descending wedge in EUR\USD pair. If 1,046 is broken down, the price will most probably got lower, but if reverses - EUR would still have chances to get to 1,08 in no time.
Na da kreiselte aber wer um die eigene Achse. Da will wohl einer aus seiner Range nicht raus.. Guten Morgen :) Marken mit Wichtigkeit und hoher Reaktionsfreundlichkeit für heute und die nächsten Tage sind meiner Meinung nach: 20730, 20425, 20360, 20205, 20120, 19895, 19600, 19480, 19335, 19250, 19120, 19050, 18880, 18760, 18600 Chartlage: positiv Tendenz: seitwärts um abzukühlen Grundstimmung: positiv Unser Dax hatte sich am Mittwoch wieder an die obere Range-Kante geschoben. Sollte er sich dort nun aber wieder eindrehen, war eher einzuplanen, dass wir nochmal die Range einfach durcharbeiten, über die 20360, 20320, 20300 und 20270 dann runter zur 20250. Sollte er sich oben rauslösen wollen und wieder rein in die Trendfortsetzung springen, musste die 20430 raus um die 20470 / 20500 zu sprengen. Sollte ihm das gelingen, wären darüber auch 20560 und 20700 erreichbar gewesen. So die Zusammenfassung von gestern. Doch so richtig ging da gar nichts. Oben kam er über die 20430 nicht nachhaltig drüber, unten blitzte die 20360 zum Start mal kurz auf, das wars dann aber auch schon wieder. Und so können wir eigentlich unverändert in den Freitag reingehen. Noch immer steht unser Dax an der oberen Range-Kante. Dreht er sich also sichtlich ein, bleiben unter 20360 dann auch 20320, 20300 und die 20270 / 20250 erreichbar. Sollte er hingegen aber weiter oben an der 20430 knabbern, wird sie ihn als bald auch wieder zur 20470 / 20500 durchlassen und dort bleibt die Betrachtung erstmal unverändert. Kommt er durch, sind drüber dann auch 20560, 20630 und 20700 drin. Die Scheine bleiben gleich. Für Aufwärtsstrecken der PG70KW KO 18600 sowie GQ9CGN KO 17000 und für Abwärtsstrecken der MG72AM KO 20250 sowie GG34Z4 KO 21400 Fazit: Da unser Dax zum Donnerstag nichts geschafft und noch immer in seiner Range zur Seite schlägt, können wir die gestrige Analyse nochmal mit nehmen. Gelingt es unserem Dax sich über der 20430 zu etablieren sind oben weiterhin 20470 / 20500 erreichbar. Wird er dort nicht hart nach unten abgewiesen, könnten darüber noch 20560 und 20700 folgen. Dreht er aber unter 20360 nochmal drunter, bleiben 20320 und auch 20270 / 20250 auf der Tagesordnung.
EURUSD Analysis Asia and London Dec Friday 13 Price is delivering to a discount. I would like to see Price come up to the 50% and rebalance the FVG before taking the noted sell side target. This pair is right on the 50% on HTF so we could ride out Dec weaving back and forth in this range. Just a thought.
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After sellers pushed the S&P 500 daily chart down inside the range of Wednesday's up day, I am not looking for a large move to the downside or the upside as we go into this weekend. Rather, I am looking for Friday to trade inside the range of Thursday's price action.