NASDAQ:MBLY A picture worth a thousand words! ? Earnings Thursday ? ?$20 Inbound Not financial advice
3R Trade Very high probability. 70% chance of success. Wedge pattern into support + higher time frame test of ascending trendline.
MNMD is displaying significant bullish momentum, recently establishing support at $4.50, where a key gap has formed. This level is now acting as a base for a potential continuation move, setting the stage for an explosive breakout. The stock is currently approaching the $12.22 weekly resistance level, a critical psychological and technical barrier. A decisive breakout above this level would confirm the bullish trend and attract momentum traders, likely fueling a strong rally. Why MNMD Could Push to $36.55: ? Technical Momentum: Recent price action indicates strong accumulation, with increasing volume signaling growing investor interest. The stock has consistently made higher lows, reinforcing its bullish structure. ? Gap Fill Potential: Historical price action suggests that once a stock begins filling a previous gap, there’s a high probability of it continuing toward the next resistance. If MNMD sustains above $12.22, the next major resistance zone is at $36.55, providing substantial upside. ? Favorable Risk-to-Reward Setup: With a stop-loss at $2.45, this trade offers an exceptional risk-to-reward ratio, making it an attractive opportunity for traders willing to capitalize on momentum. ? Psychological and Institutional Levels: Breakouts above key whole-number resistance levels often attract increased buying pressure from institutions and retail traders alike. A move past $12.22 could trigger stop orders and FOMO buying, accelerating the uptrend. Key Levels to Watch: ✅ Support: $4.50 (gap level), $2.45 (stop-loss) ✅ Breakout Trigger: $12.22 (weekly resistance) ✅ Target: $36.55 (major resistance) If MNMD maintains its momentum and breaks above $12.22 with volume, this could be the beginning of a major move toward $36.55, delivering high-upside potential with controlled risk. NASDAQ:MNMD https://www.tradingview.com/x/HRffrahn/
As we can see despite the weak opening, NIFTY managed to recover strong but closed forming a doji structure which shows indecision which indicates that bears have lost their dominance and bulls are likely to take control hence keeping SL below the demand zone on closing basis, one can go long POSITIONALLY despite weakness that might occur so plan your trades accordingly and keep watching.
? Bearish Setup with Macro Volatility Ahead! ? ? Overview Ethereum (ETH/USD) is showing clear signs of a breakdown, forming a Head & Shoulders (H&S) pattern on the 15M chart. The measured move suggests a target of ~$2,850, aligning with key Fibonacci levels and historical support. This breakdown setup coincides with macro uncertainty as the Federal Reserve meeting (Jan 30-31) approaches, which could accelerate volatility across risk assets. ? Technical Analysis 1️⃣ Head & Shoulders Breakdown (Bearish) • Left Shoulder, Head, Right Shoulder clearly visible on the 15M chart. • Neckline at ~$3,080 – a close below confirms the breakdown. • Measured move target: $2,850. 2️⃣ Support & Resistance Zones ✅ Support Levels: • $3,050 → Fibonacci 0.5 retracement. • $2,900 → Strong confluence of trendline & Fib 0.618. • $2,850 → ? Measured move target from the H&S pattern.
CAPITALCOM:GOLD Trading Plan for Today. If H1 Candle Breakout price 2765 , probability uptrend. If H1 Candle Breakdown price 2760 , probability downtrend.
SoftBank is negotiating a $500 million investment in Skild AI, a software company building a foundational model for robotics at a $4 billion valuation, Bloomberg and Financial Times reported. The two-year-old company raised its previous funding round of $300 million at a $1.5 billion valuation last July from investors including Jeff Bezos, Lightspeed Venture Partners, […] © 2024 TechCrunch. All rights reserved. For personal use only.
btc is making moves to return to its previous post, im going to play safe and take profit at $103,334 but its expected to go past till at least 105,000
Expecting a continuation of the trend here. Had a nice larger consolidation pattern on the higher time frame (it’s over to the left, not directly visible here). The visible pattern here is a 4H pattern and I see it as a reaccumulation pattern above support. The target is a 1:1 measured leg of the weekly trend. Very high probability trade - 60% chance of success.
Last Close : 22957 , Buy Dip Till 22862 For The Target 23165—23394 NO IF AND BUT , SEEDI BAAT NO BAKWAAS