NASDAQ:AMD has been an absolute pain-trade for me. I committed the sin of not waiting for the bottom signal and not managing risks when the trade didn't work. But things might be looking a little better. Both MACD and RSI are turning up, signaling that we may have at least found the bottom and there's a possibility of a potential reversal. ? See support and targets in the chart. As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
XauUsd is in a bullish trend and has already made a correction. Long positions can be opened at 2644 and at 2625 with a profit taking target of 2710.
Key Levels: Support Zone: 2638–2630 This area represents a strong support zone where price may find buying interest if a pullback occurs. A break below this range could lead to further bearish momentum. Resistance Levels: 2675: First resistance level where the price could face selling pressure. 2695: A key level in alignment with the harmonic pattern's potential completion. 2710: Final target zone, representing a full extension of the pattern and a critical resistance area. Harmonic Pattern: A potential Bearish Gartley pattern is forming, with the final point (D) expected near the 2695–2710 zone. This pattern suggests a possible reversal from the completion zone, depending on price action and confirmation signals. Scenarios: Bullish Scenario: If the price holds above the 2638–2630 support zone, it may continue its upward move toward the resistance levels at 2675 and 2695. A breakout above 2695 could lead to further gains, targeting 2710. Bearish Scenario: Failure to break above the 2695–2710 zone (completion of the Gartley pattern) may result in a reversal toward the support zone at 2638–2630. A break below 2630 could trigger additional downside momentum. Conclusion: Gold is approaching a critical area defined by the harmonic Gartley pattern. The 2638–2630 support and 2695–2710 resistance levels are key zones to watch for potential price reactions. Traders should look for confirmation signals, such as candlestick patterns or momentum shifts, to identify the next move.
SEED_DONKEYDAN_MARKET_CAP:JASMY is currently in an important zone. To be honest, I'm not too worried about SEED_DONKEYDAN_MARKET_CAP:JASMY breaking through this. Then most bears seem to have been left behind. The road is up. https://www.tradingview.com/chart/JASMYUSD/Six9JUoY-Same-story-different-chart-JASMY/ Stay tuned! If you find my charts interesting, I have recently also been active on X where I share more information and you can also follow me. x.com/MvdN88 I would love to see you there and hopefully create more interactions. For now I want to thank you for 2024 and we are entering a beautiful 2025. Be kind to the world and each other!
The Bitcoin had been trading sideways in a very defined range since early December. Coming off the bottom section of that range, price action is already half way through to the other side. The local key-level resistance of $101,420.5 is our official profit target. Stay tuned...
We broke the EMAs on a 4-hour timeframe, where now our next point of interest is the $100,000 zone, where we are expecting to see a final rejection. Now our gameplan has not changed where we want to see a proper correction on bigger timeframes but meanwhile there is a possibility of getting a smaller push to 100K as we see the dominance of buyers is increasing after breaking the branch of EMAs.
CRYPTOCAP:SOL has broken the key points. My previous beautifully hand-drawn line has also passed after a small retest. The last few resistors really don't seem like much trouble to break. First target is above 300. See chart: https://www.tradingview.com/chart/SOLUSD/SezqqmmK-I-expected-big-things-from-SOL/ Stay tuned! If you find my charts interesting, I have recently also been active on X where I share more information and you can also follow me. x.com/MvdN88 I would love to see you there and hopefully create more interactions. For now I want to thank you for 2024 and we are entering a beautiful 2025. Be kind to the world and each other!
Stock gave a long consolidation breakout & retest is done multiple times. However, these commodity-dependent stocks don't always move as we expect them to, so be aware.
Once polkadot breaks the upper red line we should see a strong rally!
Technical Analysis The Relative Strength Index (RSI) for NYSE:IIPR is currently in oversold territory, with a value below the critical threshold of 30. This indicates that the stock has been significantly oversold, which historically precedes a reversal or rebound in price. This technical signal suggests a favorable entry point for investors seeking to capitalize on potential upward momentum. Fundamental Analysis Undervalued Stock: NYSE:IIPR is trading below its intrinsic value, as evidenced by attractive valuation multiples such as Price-to-Earnings (P/E) and Price-to-Book (P/B) ratios, which are lower than industry averages. A Discounted Cash Flow (DCF) analysis further supports the view that the current market price does not fully reflect the company’s robust fundamentals. High Cash Reserves: The company maintains substantial cash reserves, enhancing its financial stability and providing the flexibility to pursue growth initiatives or mitigate economic headwinds effectively. Strong Net Profit Margin: NYSE:IIPR demonstrates operational excellence, with a net profit margin that is significantly above industry benchmarks. This highlights its efficiency in generating high-quality earnings and its ability to deliver consistent returns to shareholders. Conclusion The combination of a compelling valuation, oversold RSI, solid cash reserves, and strong profitability makes NYSE:IIPR an attractive investment. These factors position the stock as a unique opportunity for both value and growth-oriented investors. Considering these insights, NYSE:IIPR warrants close attention for inclusion in a well-diversified portfolio. If you have any questions or would like a deeper dive into the analysis, feel free to reach out.