TL:DR I created a new price + volume based indicator that sold BEFORE the most recent crash, and bought BEFORE the most recent rise. If this indicator is any indication of the near future, then it's showing a near future rise in S&P500 since there is an active BUY signal. Below is a more detailed description of the indicator I created which is typically based on simple price and volume action. I designed a new indicator that I dub the "Money Flow by NHBprod" indicator. It helps to EASILY identify potential trade opportunities without over complicating the process. In short, MFI typically uses volume and pricing data in its calculations which are 2 important keys to consider when trading. However, the actual indicator typically lags behind actual trade opportunities. I heavily modified the standard MFI so that this new indicator can be used to easily see where to buy and where to sell. It also has built in alerts which can be used to automate trading. How It Works The indicator calculates the Money Flow Index (MFI), but is heavily modified both in terms of calculations, performance, and output. The indicator computes the MFI using the closing price and a user-defined length. A linear regression moving average is applied to the MFI, smoothing out fluctuations to provide clear signals. Then we have Buy & Sell Zones which are Customizable thresholds that are used to determine when to buy and when to sell. When the moving average crosses into the buy zone, green highlights appear on the chart; similarly, red highlights appear when it enters the sell zone. Alerts: Integrated alert conditions notify traders when the moving average enters either zone, ensuring they never miss a trade opportunity. Simplifies Analysis: By focusing on the MFI's moving average and clearly marking significant zones, the indicator eliminates noise and simplifies market analysis. Enhanced Visualization: The green and red highlighted zones on the pricing chart offer an intuitive, at-a-glance understanding of market conditions.
3.20 —> 3.85 —> 4.41 —> 5.20 $5.35 is my current target for my options. Currently in $3.5 C 1/17/25 exp x20
??? NOT FINANCIAL ADVICE ?⚠️ Just noticed a golden cross appear on both the 4H and 1D charts for NYSE:SEI as much as it's been dragging rear the last bit we need to read between the lines here. The RSI, The moving averages, the sideways price movement. Previously discussed idea of a big bounce back from correction is becoming more and more viable by the day. Now with GC appearing on the 4hr and 1D I'm so pumped Whose coming ? SEI enter between $0.43-$0.44250 No more then 10x if leveraged (preference goes to spot if your not a seasoned futures trader) TP: $0.55 TP2: $0.60 TP 3: 0.63 Longer term TP: $0.65 TP2: $0.75 TP3: $0.82 TP for new investors or scalping is $0.55 You could also do a trailling TP at the three levels Again not financial advice of any kind do your own research.
In the financial world, technical analysis is a key tool for investors and traders to predict future price movements based on historical data. Today, we delve into the chart of Blue Dart Express Limited (BLUEDART) on the National Stock Exchange (NSE) of India, focusing on the long candle midpoint and the parallel channel. The Long Candle Midpoint The chart shows a significant long candle in mid-October, where the stock experienced a substantial price movement. The midpoint of this candle, where the open and close prices meet, often acts as a pivotal level for future price action. This midpoint can serve as a support or resistance level, depending on the direction of the subsequent price movement. For BLUEDART, this level appears to be around 8,500 INR, which has been tested multiple times post the formation of the candle. Parallel Channel Following the long candle, the stock price of BLUEDART entered into what appears to be a descending parallel channel. This pattern is characterized by two parallel trend lines that contain the price action, with the upper line acting as resistance and the lower as support. In this chart: Upper Channel Line: This line has been touched multiple times, indicating resistance. Each time the price hits this line, it tends to pull back, suggesting that sellers are more aggressive at this price level. Lower Channel Line: Conversely, this acts as a support level. When the price approaches this line, it tends to bounce back up, indicating buying interest at these lower levels. Trading Strategy Implications Breakout/Breakdown: A breakout above the upper channel line could signal a bullish reversal, suggesting that the stock might be starting an upward trend. Conversely, a breakdown below the lower channel line could indicate further bearish momentum, potentially leading to lower price targets. Reversion to Mean: Within the channel, trading strategies could focus on mean reversion. Buying near the lower channel line and selling near the upper could be a strategy, assuming the stock will continue to oscillate within these boundaries until a breakout occurs. Volume and ATR: The Average True Range (ATR) at the bottom of the chart shows volatility. An increase in ATR near the channel boundaries can indicate potential breakouts or breakdowns. Volume spikes can also confirm these moves. Conclusion The chart for Blue Dart Express Limited provides a fascinating study in technical patterns. The long candle midpoint serves as a critical psychological level for the stock, while the descending parallel channel offers a framework for understanding potential price movements. Traders and investors should watch for price action at these key levels, coupled with volume and volatility indicators, to make informed decisions. Whether for short-term trading or long-term investment, understanding these technical aspects can significantly enhance decision-making prowess in the stock market.
Point of interest identified on the weekly chart for FANG. For more Info: https://x.com/NiqolusTrades The $150 price level had held and looks to be respecting the AVWAP from Oct 2022 with confirmed bullish price action I will be building a long term position in the company. Fundamentals Diamondback Energy has solidified its position as a leading independent oil and gas producer in the Permian Basin, holding net proven reserves of 2.2 billion barrels of oil equivalent and achieving an average production rate of approximately 448,000 barrels per day in 2023. The company's focus on maintaining a low-cost structure and generating growing free cash flow has enabled it to enhance its base dividend, reduce debt, and support ongoing production growth. Additionally, the strategic commitment to expanded transportation capacity and the synergistic relationship with its subsidiary, Viper Energy Partners, further underpin Diamondback's strong financial outlook and growth potential within the sector. Analyst Outlook Strong Buy 44% Buy 46% Hold 10% Source: Public.com Company Information Diamondback Energy, Inc. is an independent oil and natural gas company, which engages in the acquisition, development, exploration, and exploitation of unconventional, onshore oil, and natural gas reserves. It operates through the Upstream and Midstream Services segments. The Upstream segment focuses on the Permian Basin operations in West Texas. The Midstream Services segment is involved in the Midland and Delaware Basins. The company was founded in December 2007 and is headquartered in Midland, TX
Buy and add any dips for Medium - Long Term. Target 2100. Some Resistance at 1400 & Support around 1246 - 1300. I am not SEBI Registered.
Following the sweep through $2600 to $2608, Monday's daily range reflects key levels of supply at $2635 and demand at $2608. The current momentum is poised to mitigate additional supplies within the $2645–$2649 range, setting the stage for potential market shifts as traders monitor these pivotal zone.... follow for more insights,boost and comment .THANKFS
BANKNIFTY 52200 CE JAN EXP BANKNIFTY OPTIONS BUYING TRADE TIME FRAME RECOMMENDED TO TRACK TRADE: 5 MINS Hi Traders, The BankNifty is currently trading near support zone, and we anticipate upmove around these levels. We recommend considering the purchase of the 52200 CE (Call Option) with a January expiry in the price range of 590–600. Target levels are set at 680 and 780, with a stop-loss (SL) placed at 540. Regards, OptionsDaddy Research Team
DOGE on a roll? Want to roll? LEts roll where is it and where and what can happen is stated . this darn goes 0.35 the momentum of the drawing or doodle sheds apart.
? Successful Trade Alert! FTT target reached! The analysis played out perfectly, hitting the predicted levels. Patience and strategy always pay off. Stay tuned for more updates and ideas!