? ? ? Asset: ARLO (Arlo Technologies, Inc.) ? Timeframe: 30-Min Chart ? Setup Type: Bullish Breakout Trade ? Trade Plan (Long Position) ✅ Entry Zone: Above $14.38 (Breakout Confirmation) ✅ Stop-Loss (SL): Below $13.42 (Invalidation Level) ? Take Profit Targets: ? TP1: $15.52 (First Resistance Level) ? TP2: $16.73 (Extended Bullish Move) ? Risk-Reward Ratio Calculation ? Risk (SL Distance): $14.38 - $13.42 = $0.96 risk per share ? Reward to TP1: $15.52 - $14.38 = $1.14 (1:1.2 R/R) ? Reward to TP2: $16.73 - $14.38 = $2.35 (1:2.4 R/R) ? Technical Analysis & Strategy ? Ascending Triangle Breakout: Price has broken above a resistance level at $14.38, signaling bullish momentum. ? Uptrend Confirmation: The stock is forming higher highs and higher lows, confirming an uptrend. ? Volume Confirmation Needed: Ensure high buying volume when price holds above $14.38 to confirm strength. ? Momentum Shift Expected: If the price remains above $14.38, a move toward $15.52 and then $16.73 is probable. ? Key Support & Resistance Levels ? $13.42 – Stop-Loss / Support Level ? $14.38 – Breakout Level / Long Entry ? $15.52 – First Resistance / TP1 ? $16.73 – Final Target / TP2 ? Trade Execution & Risk Management ? Volume Confirmation: Ensure high buying volume above $14.38 before entering. ? Trailing Stop Strategy: Move SL to entry ($14.38) after TP1 ($15.52) is hit. ? Partial Profit Booking Strategy: ✔ Take 50% profits at $15.52, let the rest run toward $16.73. ✔ Adjust Stop-Loss to Break-even ($14.38) after TP1 is reached. ⚠️ Fake Breakout Risk ❌ If the price fails to hold above $14.38 and drops back, exit early to avoid losses. ❌ Wait for a strong bullish candle close above $14.38 before entering aggressively. ? Final Thoughts ✔ Bullish Setup – Breaking above $14.38 could lead to higher targets. ✔ Momentum Shift Possible – Watch for volume confirmation. ✔ Favorable Risk-Reward Ratio – 1:1.2 to TP1, 1:2.4 to TP2. ? Stick to the plan, manage risk, and trade smart! ?? ? #StockTrading #ARLO #LongTrade #TechnicalAnalysis #MomentumStocks #ProfittoPath #TradingView #StockMarket #SwingTrading #RiskManagement #ChartAnalysis ??
Potential for a bullish pullback on the NZDCAD H2 which could lead to a price movement towards the resistance level at 0.82000. BUY levels from 0.80580
In this market preview, I go over the EUR/USD, GBP/USD & USD/JPY with the primary focus on the EUR/USD. Will it recover or give out and test lower lows... Also, ETF's that I am watching and keeping an eye on a potential bearish tone for the stock market. I also share a small update on Crypto trade MATIC. As always, good luck and trade safe.
I have added another 100 shares in the last few days we we dipped back into the demand zone and teal trend. My plan has been selling calls as we approach supply, and puts as we approach demand. I take that money to buy more shares. This ticker has been great for premiums so far as it has the hot narrative of NVDA/Ai attached to it which juices premiums. I expect this stock to double from here this year or more. My plan: Sold CSP here and bought 100 more shares as a DCA Strong bounce on the teal momentum trend line as well Nice reset to momentum I will sell covered calls as we breach 39$
ECONOMICS:USPCEPIMC 0.3% (January/2025) source: U.S. Bureau of Economic Analysis https://www.tradingview.com/x/hza4Ygm2/ - The US Personal Consumption Expenditures (PCE) price index increased by 0.3% month-over-month in January 2025, the same pace as in December, and in line with expectations. Prices for goods increased 0.5%, following a 0.1% rise in December and prices for services rose at a slower 0.2%, after a 0.4% gain in the previous month. Meanwhile, the core PCE index, which excludes volatile food and energy prices, rose 0.3%, slightly above the 0.2% gain recorded in the previous month, and also matching forecasts. Food prices went up 0.3%, higher than 0.2% in December while cost of energy eased (1.3% vs 2.4%). On a year-over-year basis, headline PCE inflation eased to 2.5% from 2.6%, marking its first slowdown in four months. Similarly, core PCE inflation declined to 2.6%, its lowest level in seven months, from an upwardly revised 2.9%.
BTC was set to break the cycle momentum and start a bear market. BTC dropped precipitously with little support. Then out of nowhere bullish news is announced, and BTC weekly comes right back into the channel like nothing happened. Since this pivot, I am back to my same plan as 120k, then 146k as my short/mid term targets. This allowed volatility and momentum to reset, we needed that flush. Lots of leverage was reduced from the market as well, net bullish.
? ? ? Asset: HRTX (Heron Therapeutics, Inc.) ? Timeframe: 30-Min Chart ? Setup Type: Bullish Breakout Trade ? Trade Plan (Long Position) ✅ Entry Zone: Above $2.46 (Breakout Confirmation) ✅ Stop-Loss (SL): Below $2.29 (Invalidation Level) ? Take Profit Targets: ? TP1: $2.70 (First Resistance Level) ? TP2: $2.99 (Extended Bullish Move) ? Risk-Reward Ratio Calculation ? Risk (SL Distance): $2.46 - $2.29 = $0.17 risk per share ? Reward to TP1: $2.70 - $2.46 = $0.24 (1:1.4 R/R) ? Reward to TP2: $2.99 - $2.46 = $0.53 (1:3.1 R/R) ? Technical Analysis & Strategy ? Ascending Triangle Breakout: Price has broken above a resistance level at $2.46, signaling bullish momentum. ? Uptrend Confirmation: The stock is forming higher highs and higher lows, confirming an uptrend. ? Volume Confirmation Needed: Ensure high buying volume when price holds above $2.46 to confirm strength. ? Momentum Shift Expected: If the price remains above $2.46, a move toward $2.70 and then $2.99 is probable. ? Key Support & Resistance Levels ? $2.29 – Stop-Loss / Support Level ? $2.46 – Breakout Level / Long Entry ? $2.70 – First Resistance / TP1 ? $2.99 – Final Target / TP2 ? Trade Execution & Risk Management ? Volume Confirmation: Ensure high buying volume above $2.46 before entering. ? Trailing Stop Strategy: Move SL to entry ($2.46) after TP1 ($2.70) is hit. ? Partial Profit Booking Strategy: ✔ Take 50% profits at $2.70, let the rest run toward $2.99. ✔ Adjust Stop-Loss to Break-even ($2.46) after TP1 is reached. ⚠️ Fake Breakout Risk ❌ If the price fails to hold above $2.46 and drops back, exit early to avoid losses. ❌ Wait for a strong bullish candle close above $2.46 before entering aggressively. ? Final Thoughts ✔ Bullish Setup – Breaking above $2.46 could lead to higher targets. ✔ Momentum Shift Possible – Watch for volume confirmation. ✔ Favorable Risk-Reward Ratio – 1:1.4 to TP1, 1:3.1 to TP2. ? Stick to the plan, manage risk, and trade smart! ?? ? #StockTrading #HRTX #LongTrade #TechnicalAnalysis #MomentumStocks #ProfittoPath #TradingView #StockMarket #SwingTrading #RiskManagement #ChartAnalysis ??
ECONOMICS:USGDPQQ 2.3% Q4/2024 source: U.S. Bureau of Economic Analysis https://www.tradingview.com/x/VD6GQJH1/ - The US economy expanded an annualized 2.3% in Q4 2024, the slowest growth in three quarters, down from 3.1% in Q3 and in line with the advance estimate. Personal consumption remained the main driver of growth, increasing 4.2%, the most since Q1 2023, in line with the advance estimate. Spending rose for both goods (6.1%) and services (3.3%). Also, exports fell slightly less (-0.5% vs -0.8%) and imports declined slightly more than initially anticipated (-1.2% vs -0.8%), leaving the contribution from net trade positive at 0.12 pp. Government expenditure also rose more (2.9% vs 2.5%). Private inventories cut 0.81 pp from the growth, less than 0.93 pp. On the other hand, fixed investment contracted more (-1.4% vs -0.6%), due to equipment (-9% vs -7.8%) and as investment in intellectual property products failed to rise (0% vs 2.6%). Residential investment however, rose more than initially anticipated (5.4% vs 5.3%). Considering full 2024, the economy advanced 2.8%.
Analysis of WIF/USD Chart Using Elliott Wave Theory 1. Elliott Wave Count & Structure: The chart follows a clear Elliott Wave multi zigzag structure. The impulse wave peaked at around $4.86, marking a significant high. The correction followed in a three-wave ABC structure, which seems to have found support at a key Fibonacci level (0.618 - 0.65 retracement). 2. Trend Channel & Key Support Levels: A parallel trend channel is visible, where price has bounced off the lower boundary, indicating strong support. Key support zone around 55¢, which aligns with the lower boundary of the trend channel. 3. Potential Price Targets & Future Projections: The bullish scenario suggests a Wave Y target above $30 (potentially $36). The large green box in the upper right suggests a potential high-reward zone, likely driven by a new impulse wave (Wave Y). 4. RSI Indicator & Momentum Shift: RSI was previously oversold but is now turning upwards, indicating potential momentum recovery. A break above the 50 RSI level would confirm bullish continuation. According to cryptonews.com : The biggest meme coin sensation in 2024! Be careful with meme coins So let you guide by BTC and VIX if you want to invest in this coin.
Die 5. und finale Staffel von Stranger Things soll uns dieses Jahr auf Netflix erreichen und unsere Held:innen aus Hawkins zurückbringen. Zwei Figuren wurden jedoch für die letzten Folgen umbesetzt.