CenterPoint Energy, Inc. (CNP) is a major player in the energy industry, delivering electricity and natural gas to millions of homes and businesses across the United States. The company focuses on reliable energy distribution while investing in grid modernization and renewable energy projects. These upgrades aim to improve service efficiency and meet the growing demand for cleaner energy solutions. CenterPoint’s strong growth is fueled by its commitment to sustainability and expanding its infrastructure to serve a larger customer base. On the stock chart, CenterPoint recently displayed a confirmation bar with increasing volume, indicating renewed interest and momentum. The price has moved into the momentum zone, suggesting a potential for continued upward movement. This combination of growth strategies and positive technical signals makes CNP a stock worth watching.
AUDCAD is in bearish trend. No bullish divergence is formed. Descending channel is also formed. It indicates continuation of bearish trend.
01.16.2025 / NASDAQ:LRCX #LRCX Fundamentals. Positive news background in the semiconductor chip manufacturing sector. Technical analysis. Daily chart: Exit upwards from a wide range with the upper limit of 79.36, formed on October 25, 2024 and confirmed by several touches of the level. Premarket: Gap Up on moderate volume. Trading session: The price formed a tightening to the level 79.36 after the opening of the session. We consider a long trade to continue the upward movement when the tightening is formed along the trend. Trading scenario: breakout (tightening) of the level 79.36 Entry: 79.67 after the breakout and retest. A more conservative entry is possible at the exit upwards from the trade range above the level. Stop: 79.31, we hide it below the level 79.36. Exit: Close part of the position at 82.15 when a trading range forms under the level of 82.50 and an unsuccessful attempt to break through it. Close the remaining part of the position at a price of 81.79 when the structure of the uptrend is broken. Risk Rewards: 1/6 P.S. In order to understand the idea of the Stock Of The Day analysis, please read the following information .
The Indonesian Rupiah (IDR) is currently at a critical juncture, with technical indicators suggesting potential upside for the USD/IDR exchange rate, while fundamental factors introduce significant uncertainties. A recent technical breakout points to a bullish trend; however, economic policies, global trade dynamics, and geopolitical developments present potential headwinds. Technical Analysis: Ascending Triangle Breakout On the weekly timeframe, the USD/IDR chart has exhibited a significant technical development. After a period of consolidation, the pair formed an ascending triangle pattern, characterized by a horizontal resistance line around the 16,263 level and an ascending trendline connecting successive lows. It's important to note that breakouts often experience volatility, and it may be prudent to set a stop-loss order to protect against false breakouts. The Ascending Triangle Formation Over the course of several years, the USD/IDR chart has formed an ascending triangle pattern. This pattern is characterized by: Horizontal Resistance: A flat resistance line, around the 16,263 IDR level. This line marks the upper bound of the price consolidation, indicating that the price has had trouble moving above this level on previous attempts. Ascending Trendline: A rising trendline connecting successive lows. This line indicates an underlying upward pressure on the price, with each subsequent low being higher than the previous one. These two components together create the ascending triangle shape, with the resistance line forming a flat top, and the trendline forming the rising base. This is a bullish continuation pattern, which typically resolves itself by breaking upwards. Waiting for Breakout Confirmation The USD/IDR pair is currently in a holding pattern, awaiting confirmation of a breakout above the horizontal resistance level. If the current candle closes decisively above the resistance, which is approximately at 16,850 IDR, it would signal a confirmed breakout. This development could pave the way for bullish momentum to overpower the resistance, potentially triggering a strong upward trend. Implications of the Breakout Bullish Momentum: The breakout signals a potential shift in momentum towards the bulls. The previously stagnant trading range has been broken, and the market is now expecting the pair to move higher. Pattern Projection: Ascending triangle breakouts often project a potential price target. A common way to estimate this target is to measure the vertical height of the base of the triangle (the widest part of the triangle) and project that distance upward from the point of breakout. In this case, this method would give a long-term price projection. Increased Volatility: Breakouts are generally accompanied by increased volatility as the market adapts to the new trend. The recent trading range which has been seen is now broken and the price is expected to trend upwards in a less volatile manner. Fundamental Analysis Bank Indonesia's Monetary Policy On January 15, 2025, BI unexpectedly reduced its benchmark 7-day reverse repurchase rate by 25 basis points to 5.75%, marking the first cut since September 2024. This decision aims to stimulate economic growth amid global uncertainties and a low inflation outlook. However, the rate cut led to the Rupiah depreciating to a six-month low, reflecting market concerns about potential capital outflows and currency stability. National Debt Obligations In 2025, Indonesia faces substantial debt servicing responsibilities, with approximately Rp 800 trillion of central government debt maturing. This includes Rp 705 trillion in Government Securities (SBN) and Rp 95 trillion in loans from bilateral, multilateral, and commercial sources. The significant debt repayment obligations may limit fiscal flexibility, necessitating prudent financial management to maintain economic stability. Domestic Economic Growth The Indonesian government has set an economic growth target of 5.2% for 2025, consistent with its 2024 goal. International organizations offer similar projections, with the International Monetary Fund (IMF) estimating growth at 5.1%. Despite these optimistic forecasts, BI's recent rate cut indicates concerns over weaker-than-expected economic performance in late 2024, highlighting the need for policies that bolster domestic consumption and investment. These factors collectively impact the Rupiah's performance, underscoring the importance of vigilant economic monitoring and responsive policy measures to navigate the challenges ahead. Disclaimer: This is not a financial advisor. This analysis is purely for informational purposes and should not be considered as investment advice. Trading involves risk, and you should consult with a financial professional before making any decisions.
A head and shoulder forming on NZDUSD. Once it liquidates the early sellers. We’d sell from 0.618 fib
Not looks like it has enough power to break current support at 189.8. There is FVG at 191 which might be targeted by big players before breaking current support. Enter-189.9 SL-189.6 TP-191.0
Hello trader's and investor My Weekly Target if the market does not break resistance of 2739 Next market target will be 2650 Please don't forget follow like comment
The Great Depression 2025-2036: Here's What Await Us Stock Markets: An expected decline of 80%, similar to 1929. Unemployment: Could rise to 30%, especially in the technology and manufacturing sectors. Housing Prices: A drop of 60–80%, severely impacting homeowners. Construction Sector: Predicted decline in activity by 90%. Energy Production: A reduction of 30–50% due to decreased demand. Global Trade: Anticipated contraction of 60–70%. Banks: Increasing bankruptcies and declining trust in financial institutions. Cryptocurrencies: Potential loss of 80–90% in value as central bank digital currencies (CBDCs) are introduced.
https://www.tradingview.com/x/noDgLqIh/ Hello,Traders! EUR-CHF is making a local Bearish correction but the Pair will soon hit a rising Support line from where We will be expecting a Local bullish rebound Buy! Comment and subscribe to help us grow! Check out other forecasts below too!
Earnings Friday Position myself with a smaller size today before the close. A good scenario would be a strong report with a positive outlook on the earnings call. If the criteria meet my standards, I will enter with a larger position size and trail the stop by 8%. On the second day, I’ll consider adding to the position. I want the technical structure to be clear and everything to align seamlessly, making the decision straightforward and logical.