Huge run up in #SPX after a gap up. Strongly bullish for further upside. Any dips is a buying opportunity. Looking at PZ to hold for another leg higher, or if it breaks, look at 5700 for a long up to 5880 then 6000.
Price could continue bearish We would be looking for asia to be taken out and use the OB to continue lower Since price has slowed down on daily, we could have indecision candle or bullish retracement Ended yesterday on +2.4%
Salesforce Inc. (CRM) is exhibiting potential bullish momentum, with a notable weekly gap around the $260 level. A breakout above the $313.80 level could signal further strength, positioning the stock to target the $349.13 resistance. This trade setup offers an attractive risk-to-reward ratio, with a stop-loss set at $256.16 to manage downside risk. The Relative Strength Index (RSI) for CRM was extremely oversold at 24 on March 10th, indicating a potential for a bounce. As of March 17, 2025, the 14-day RSI had risen to 36.22, suggesting improving momentum. Analyst sentiment remains positive, with a consensus rating of "Moderate Buy" among 40 analysts. The average 12-month price target is $375.58, indicating a potential upside of approximately 33.84% from current levels. Price targets range from a low of $243.00 to a high of $440.00, reflecting confidence in the company's growth prospects. Salesforce's continued innovation in artificial intelligence, particularly with the development of Agentforce 2.0, positions the company well for future growth. This AI-driven suite is expected to optimize marketing campaigns and customer service, contributing to revenue expansion. This combination of technical indicators and strong fundamentals supports a bullish outlook for CRM, with a potential move toward the $349.13 resistance level. NYSE:CRM https://www.tradingview.com/x/MUvgXIby/
Let's focus on the volatile trend first. Both long and short positions have opportunities. There is support near 3000 in the short term. Pay attention to the rebound strength in the early trading. Only if it breaks effectively, pay attention to testing the 2984-80 mark. Pay attention to the short-term resistance of 3025 in the upper side, and further pay attention to 3035. Today's strength and weakness watershed is near 3015. If it unexpectedly stabilizes at 3035, pay attention to touching the high of 3056. If it unexpectedly breaks below 3000, gold will adjust sharply and is expected to slowly touch the bottom and then go to the strong support of 2956 to convert the top and bottom positions! 1. First, if the price rebounds, go short anytime near 3025, stop loss at 3035, target at 3015-3000-2984! 2. First, if the price falls back to 3005, go long anytime, stop loss at 2998, target at 3013-3023-3033
The head and shoulders pattern is a chart formation in technical analysis that signals possible trend reversals, often suggesting a change from a bullish to a bearish trend. It features three peaks: a central "head" that is the highest, flanked by two "shoulders," with a neckline connecting the troughs between these peaks. Tesla's stock is often viewed as a risky investment for several reasons: High Valuation: NASDAQ:TSLA stock price is considered very high compared to traditional car manufacturers, with a much higher price-to-earnings ratio. Market Volatility: The NASDAQ:TLSA price is highly volatile, influenced by factors like CEO Elon Musk's public comments, regulatory changes, and overall market sentiment. Intense Competition: The electric vehicle market is becoming more competitive, with many established and new companies investing heavily in EV technology. Production Issues: Tesla has experienced production and supply chain challenges, which can affect its ability to meet demand and maintain profitability. Regulatory Risks: Changes in government policies and regulations, especially those related to environmental standards and EV incentives, can significantly impact Tesla's business. While these points highlight potential risks, Tesla also has strengths such as strong brand recognition, technological innovation, and leadership in the EV market. It's important to consider both the risks and potential rewards when evaluating Tesla as an investment. SELLL NOW!!!!!
Hi traders ! , Analyzing AUD/USD on the 1H timeframe, spotting a potential long entry : ? Entry: 0.62851 ? TP: 0.63934 ? ? SL: 0.61863 ? AUD/USD is respecting the lower boundary of the ascending channel and bouncing off support. If this trend continues, we could see a push toward 0.63934. RSI is neutral, leaving room for further upside. ⚠️ DISCLAIMER: This is not financial advice. Every trader makes their own decision.
GBP can go bullish Against AUD, Once the Accumulation phase is over
Are we waiting for banquet to continue? Or was $110k the last ATH?
Gold has three consecutive negative lines on the daily line, and opened at 3011 in the morning. The overall situation is weak, and the high pressure is obvious. Today is particularly critical. The support below is 2990-2985. If it falls below, it may drop to 2960 this week. The short-term resistance above is 3022-3026. In terms of operation, it is recommended to rebound short as the main, and to pull back long as the auxiliary. Operation strategy 1: It is recommended to pull back to 3006 and buy more, stop loss 2994, and the target is 3018-3025. Operation strategy 2: It is recommended to rebound short near 3027, stop loss 3037, and the target is 3000-2980.
... don t wanna say that... but looks like we are out of steam... we hit downtrend line again and could go down under 80k... a lot of guys speak about 72k... but first, I think we will touch 50MA on Weekly chart... and so on