palantir stock is trading at 7x its growth rate in pe, over 200 pe. Warren Buffett and Peter Lynch would hate this valuation, even though the business is great. Id be a buyer at 33, roughly where the 200 week or 1000 day moving average is, but thats because I want bargain prices and growth stocks.
GOLD SELL NOW 3230- LIMIT 3240=3250 FIRST TARGET 3200 NEXT TARGET 3180 LONG TARGET 3150 Counter-Analysis to the Bearish Bias 1. Volume Analysis Suggests Demand at Lows The highlighted "Strong Support" zone around 3,156 shows high buying volume—evidenced by the tall green bars on the volume histogram. This may indicate accumulation, not preparation for breakdown, contrary to the red arrows implying a strong downward continuation. 2. Oversold Market Conditions Given the repeated tests of lower support zones without major follow-through, there's a risk of bearish exhaustion. A reversal pattern (e.g., double bottom or inverse head and shoulders) could form near 3,215 or 3,187. 3. Failed Breakdown Possibility Price rebounded sharply from the support zone below 3,220, which could be interpreted as a bear trap. If price closes above the 3,248 resistance level, the market may target the 3,294 and even higher levels, invalidating the bearish roadmap. 4. Ignored Higher Timeframe Context This chart is on a 1H timeframe, but without a higher timeframe reference (e.g., 4H or Daily), the bias may be misleading. If the daily chart is bullish or consolidating, this 1H downtrend could just be a retracement. 5. No Confirmation of Breakdown Yet None of the major support levels (e.g., 3,215 or 3,187) have been broken with high volume and strong candles. Until a confirmed lower low below 3,156 is printed, this remains a range or consolidation, not a breakdown. Alternative Bullish Scenario If price holds above 3,215 and breaks 3,248 with volume, the next target could be: 3,293 (Resistance) Possibly 3,320 and above (double top region
Silver respecting this uptrend channel very nicely. maybe a retest of the lows before a nice move to the upper level.
Nasdaq is bullish on its 1D technical outlook (RSI = 60.920, MACD = 61.810, ADX = 33.031) as it continues its recovery from the Low of the previous month. In the meantime, it formed a 4H Golden Cross, the first since January 23rd. Even though this is a bullish pattern theoretically, it often doesn't deliver an immediate rise. More specifically, since the October 2022 market bottom, Nasdaq has had another 10 Golden Crosses on the 4H timeframe. The interesting statistic is that 5 have extended their rallies but the other 5 cuased a pullback (short or medium term). Consequently we call for caution in the next 2 weeks, as the market may correct towards the 4H MA200 before it resumes the long term uptrend. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
GBPJPY is unfolding a clear 5-wave impulsive structure from the April low. Current price action suggests we are in a wave (iv) correction of the larger wave (C). The substructure shows: Wave (i), (ii), (iii) are complete Wave (iv) is developing as an ABC flat or zigzag Wave (v) still expected to complete wave (C) higher What to Watch: The correction may dip toward the 190.50–189.50 support zone before completing wave (c) of (iv) From there, potential bullish continuation toward 196.00 to complete wave (v) of (C) Trade Idea (Not Financial Advice): If price confirms a reversal from the lower support box, long entries could target the upper box near 196.00. Invalidation would be a break below the April low. #ElliottWave #GBPJPY #ForexAnalysis #WaveCount #JPY #GBP #ICMarkets
People are buying no question is aske !!! The real question is whether we have bottomed or not !!! Fact: This is a trough in the "Making" !!!
Altcoins are gonna explode, ? strap your seatbelt on & hold on tight to that rocket and jump off that ship whenever you’re happy with your profits. It’ll take many lessons and a lot of discipline, to place and hold your sell orders towards the top of that line Happy trading ☺️
The project is new and related to restaking. Most sellers who wanted to exit have likely already done so. The project owners clearly aren’t abandoning it — there’s still activity and intent behind the scenes. The chart shows consistent spot accumulation at increasingly higher prices, suggesting it’s not just one individual buying. I recommend considering a spot position for a 1–2 week timeframe.
This week, I’ll be monitoring potential long entries from the nearby 3H demand zone, but my primary focus will be on price retracing into the 4H supply zone around 3,300, where I’ll be watching for a sell opportunity. This zone aligns with the current bearish momentum we've seen recently, and I’ll wait for price to slow down and show signs of distribution once it reaches this area.Once we see that slowdown, I’ll aim to refine a clean order block for entry, ensuring a clear change of character and avoiding any potential smart money traps or false moves. Confluences for Gold Sells: - A clean 4H supply zone has formed, which caused a break of structure to the downside. - There's significant liquidity resting below, making further downside likely. - Gold has been heavily overbought and saturated, which supports this correctional bearish move. - The DXY recently reacted bullish from a strong 2-day demand zone, adding confluence for downside in gold. - After last week’s sharp decline, a retracement is expected before further downside continuation. P.S.: There’s also liquidity to the upside in the form of uncollected Asia highs, so don’t be surprised if price sweeps those first before tapping into our supply zone. Let’s stay patient and smart with entries — have a great weekend, everyone!
Looks like a great break out trade for 4 bucks possibly more if your interested. MCHP looks like its driving up Kris/Mindbloome Exchange Trade Smarter Live Better