Wolfspeed had a bad year in 2024, not sure what % price went down but I’m glad I wasn’t in it then. Problems building their new factory and loosing lots of money. Looks to have turned a corner to me, closed up strongly @ $7.17, premaket is indicating a further rise up, opening price of $7.50, Charts look positive for a further rise
I posted earlier today to buy on Oil, and the market reached our TP now it started reversing. Follow for daily trades!
This a test run an under observation of mine tayor
1322 AMAK D1 (Wave Analysis) last analysis in the below link: https://www.tradingview.com/chart/1322/Di4VBGKu-1322-AMAK-D1-6-5-2024-TASI-Market/ Regrads,
We have our weekly liquidty sweep in play on AUD/JPY. We also have price clearing the 23% fib levell which according to our trading methods, we look to trade to the 61% fib level which is the targeted zone marked on the chart.
This a test run an under observation of mine tayor
1️⃣ AI Boom: Micron’s advanced DRAM and NAND solutions are fueling growth in AI and cloud computing, with Nvidia’s ecosystem showcasing its critical role. 2️⃣ Analyst Targets: With 42 ratings averaging $131.47 and highs of $150, Micron offers over 50% upside from current levels. 3️⃣ Automotive Growth: As the top memory supplier for autonomous vehicles, Micron dominates a market set to grow at a 27% CAGR. 4️⃣ Technical Momentum: Breaking $75 resistance, a golden cross and rising volume confirm strong bullish signals. ? Trade Setup: TP1: $100 TP2: $110 TP3: $120 SL: $80 Micron is a top-tier AI play at a deep discount. With massive growth catalysts, it’s primed to soar! ?
Price has created its range - I expect it to either sweep upwards or simply re enter for a buy. RR: 2.35 This is not financial advice - Trade safely and at your own risk.
FX:EURUSD How to Execute This Trade Forex Analysis Over the past three months, the EUR/USD exchange rate has experienced notable fluctuations. In early October 2024, the euro was trading at approximately $1.10. By early January 2025, it had declined to around $1.04, marking a depreciation of about 5.5% How to Make This Trade? Let’s analyze the recent movements in the EUR/USD market. After a medium-term upward trend and a long-term lateral trend, EUR/USD failed to break the resistance level at 1.10. In October, this triggered a downward trend that led to a 2% decline, repositioning the pair on important support levels for the recent rally. However, these supports were unable to hold. https://www.tradingview.com/x/FL6Mzs7k/ Subsequently, we observed a small price recovery, building a timid upward move. However, it was quickly stopped by another decline, likely due to new data. This decline established a support level, which soon turned into resistance and a high-volume area (the yellow zone). These two signals indicate the strength of the downtrend. The support failed to hold even upon the second touch, confirming the weakness of the pair. https://www.tradingview.com/x/6WnhYBbN/ The most common mistake in such situations is going long with the thought, “It has fallen so much; it must reverse now.” But markets don’t work that way. You need to view the market objectively and unemotionally. In this specific case, the market clearly indicates a downtrend, so the best strategy is to follow the trend and enter short at the next rebound // The chances of success are much higher this way than trying to go long. https://www.tradingview.com/x/E1JlXf6V/ After breaking support and finding a buying zone on a significant support level (part of the long-term lateral trend mentioned earlier), the price moved back up and broke the resistance area. In such cases, it is always better to wait for a “climax,” a sharp movement that confirms the breakout. A good entry point could have been the resistance level or the volume zone. https://www.tradingview.com/x/qmGUtGln/ To avoid unpleasant surprises or anomalous movements, set an alert and wait for confirmation before entering. Ideally, you want to see an upward candle entering your area of interest, retracing, and closing with a medium-to-large spike. https://www.tradingview.com/x/5Iyb9oAW/ Our reasoning is confirmed as the market absorbs a large candle, creating an excellent opportunity for a short. To the left, we see a large expansion candle breaking several support levels—these candles often act effectively at their base, and this case is no exception. We placed our trade at the candle’s close, aiming for a risk-reward (RR) of 3.46. The stop loss (SL) was set above the expansion candle’s opening, giving it some breathing rooM // The more space you allow for your stop loss, the higher the probability of success. https://www.tradingview.com/x/8AZFqHDf/ Let the trade run, and you’ll notice how the position almost never went into the red. This is because we waited for the right entry point without any emotional bias. Of course, this won’t always be the case, and mistakes will happen, but the key is to remain objective and measured. We were also fortunate that new data caused a sharp price drop. In such situations, it’s smart to capitalize on the movement // Cut losses short and let profits run. Adjust the take profit (TP) accordingly. Switching to a 10-minute time frame, we implemented a “Follow the Price” (FTP) strategy. This involves moving the TP higher, to the base of the last candle, and continuing to adjust it until the price fills the TP. Let’s see how much we extended the profit. https://www.tradingview.com/x/W5gRXLUS/ In this case, the profit extension wasn’t huge but still added value without taking additional risks. https://www.tradingview.com/x/qSM0Yz4u/ This is “How to Execute This Trade.”
Start your week by identifying the key price levels and trends. The SpreadEx Research team has analysed the most popular markets, including stocks, indices, commodities & forex. *KEY Trend is set by the slope of the VWAP over 50 periods Phase is determined by the current price relative to the VWAP (20) level (above or below) Support & Resistance are set by the StdDev #2 Lower and Upper respectively. Momentum is determined by the RSI level (70 as overbought and under 30 as oversold). Analysis ------------------------------------------------------------------------------------------ Germany 40 maintains its bullish correction phase, currently trading at 19,937, below the VWAP (20) of 20,121. Support is positioned at 19,680, while resistance is at 20,562. The RSI at 50 reflects neutral momentum, indicating a pause in the prior uptrend. https://www.tradingview.com/x/Q0wlAFxC/ UK 100 index remains neutral within its long-lasting consolidation phase, trading at 8,218, slightly above the VWAP (20) of 8,183. Support is at 8,040, with resistance at 8,326. An RSI of 55 signals moderate momentum, hinting at slight bullish tendencies within the range. https://www.tradingview.com/x/R7vQWKNd/ Wall Street is in a bullish correction phase, trading at 42,375, below the VWAP (20) of 43,064. Support is located at 41,941, with resistance at 44,188. The RSI at 32 suggests oversold conditions, potentially signaling a reversal higher. https://www.tradingview.com/x/kzBhs7gP/ Brent Crude has finally flipped from its sideways range into a new bullish impulsive phase, trading at 7,642, above the VWAP (20) of 7,361. Support is at 7,144, while resistance is at 7,578. The RSI at 70 indicates overbought momentum, suggesting near term caution for further upside. https://www.tradingview.com/x/o8SqTZ2v/ Gold remains neutral in a consolidation phase, trading at 2,658. It has just broken back over the VWAP (20) of 2,635, which has defined the top of a short-term range. Support is at 2,574, and resistance is at 2,695. The RSI at 55 shows balanced momentum with a new bullish tilt, but still consistent with the ongoing range-bound market. https://www.tradingview.com/x/wNi1k1b1/ EUR/USD remains very bearish with euro-dollar parity coming into view. It is in an impulsive phase, trading at 1.0267, below the VWAP (20) of 1.0428 . Support is at 1.0297, with resistance at 1.0559. The RSI at 28 highlights oversold conditions, suggesting potential downside exhaustion. https://www.tradingview.com/x/zkYX7vXk/ GBP/USD is in a bearish impulsive phase, breaking down below a rising trendline drawn by Autotrend trading at 1.2380, below the VWAP (20) of 1.2589. Support is positioned at 1.2416, with resistance at 1.2761. The RSI at 30 indicates bearish momentum, with the oversold level consistent with a strong downtrend. https://www.tradingview.com/x/7lAnrm18/ USD/JPY continues its bullish impulsive phase, trading at 157.35, above the November high and the VWAP (20) of 155.76. Support is at 151.82, with resistance at 159.70. The RSI at 62 reflects strong upward momentum, supporting the bullish trend. https://www.tradingview.com/x/GFQ5XLZ4/