Its a meme coin, but a decent / lively one (i never thought id say that) and on cornbase. Headbutt the 50 and 200 ma or in between maybe? is above the 20% profit. The very recent support has w bottom/inverse head and shoulders, and below the 886 and making higher lows. Volume is turd and thus high risk. But as title, ive seen worse.
No comments, Posting only what i can see. I'll say it again and again I am not a financial or crypto advisor.
Hi traders , the current retest of support area is important as it is upward channel and horizonal level as well. Reasons that make me more inclined to buy : - Price action at this level is showing bullish (dogi + strong up candle ) , use hieken Ashi candles. - Hidden bullish divergance. - The fact (see 4H& Daily frames) we are in up trend. Good luck ! but use yr strategy for entry.
Market Overview Broadcom Inc. (AVGO) surged 8.6% after its strong Q1 earnings, reporting $1.60 per share and $14.92 billion in revenue. AI-related revenue hit $4.1 billion, with Q2 projections at $14.9 billion, further fueling bullish sentiment. Technical Outlook (15-Min Chart) The stock has successfully achieved TP1 ($190.42), TP2 ($192.69), and TP3 ($194.96), confirming the strength of the uptrend. TP4 ($196.36) is the next target, likely to be reached on Monday. Key Technical Indicators: Risological Indicator : Price remains above the trendline, confirming the bullish structure. Support & Resistance: Strong support near the entry level ($189.02), preventing downside risk. Parabolic SAR (dots below price): Indicates continued bullish momentum. Volume Confirmation: Increasing volume aligns with the breakout, supporting the trend. Trade Plan & Projection: Holding Position: The long trade setup remains intact. Breakout Confirmation: If price sustains above TP4 ($196.36), further upside potential may be unlocked. Risk Management: Monitor price action near TP4 for signs of consolidation or resistance. With strong earnings backing the technical breakout, Broadcom is set to maintain its bullish momentum into Monday’s session. Traders should watch for a breakout above TP4 or potential consolidation before the next move.
Sentiment: Bullish INTRADAY, Price action is consolidating in a tight trading range. Resistance: Key Resistance is at 2930, followed by 2955 and 3000. Support: Key support is at 2895 followed by 2880 and 2830. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
As they say, the trend is your friend. We are witnessing a very strong move down on Deckers, despite it's excellent growth in UGG and Hoka, sales are slowing as inventory has failed to meet demands. This a good problem as the company can fix their supply and demand equilibrium, the management are known for under promising and over delivering. I see Deckers as one of the best run trainer companies out there. They have no debt, a massive cash pile and one of the best management teams in the industry. From a technical perspective, we have a confirmed death cross as the price has fallen below key daily moving averages. I am expecting a bounce to occur between $100-115, so I will not be entering until I see the reaction to key support areas. I expect support at the 200 week moving average and the golden pocket fib retracement. Historically this has proven to be a good time to enter the stock. As long Hoka and UGG continue to remain popular with consumers, and as long as we don't have a recession, this makes it a compelling story. As tech continues to show weakness, I think Deckers offers a very attractive buy over the coming weeks. Keep an eye on this, especially if you're a long term investor looking to diversify your portfolio. Not financial advice, do what's best for you.
Chart comparing SPX and DJT. SPX drawn with expanded flat, (b) is 200% of (a) and completes with ending diagonal wedge. DJT drawn with regular flat, (b) ~90% of (a), wave (c) began in November of 2024 and currently in wave iii of (c). Bears looking for SPX pitchfork support to break and become resistance, both SPX and DJT looking to eventually break October 2022 low and approach March 2020 lows to complete their corrective structures.
Gold is currently consolidating. Find out what to do, to remain profitable. Do you sit on your hands or play the range game?
Sentiment: Bearish INTRADAY, Price action is consolidating in a tight trading range. Resistance: Key Resistance is at 6870, followed by 6930 and 7000. Support: Key support is at 6610 followed by 6540 and 6440. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Bitcoin is forming a potential falling wedge pattern. These are my hopes for Bitcoin if this ascending support holds. Otherwise, buckle up!