NVDA: Bullish Divergence Preparing to Bring it to $444NVIDIA is showing some subtle MACD Bullish Divergence at the 55EMA while forming a potential Bullish Dragon Pattern that could propel it into a Bullish BAMM which may bring it up to the levels of $410-$444 depending on rather it chooses to be a Deep Gartley at a minimum or a Crab Pattern at the maximum.
Bullish Divergence
GALA Games: Potential AB=CD BAMM Bullishly Diverging at SupportGALA looks like it could be setting up for a double bottom at a local support it's created for itself. During this process it's formed some Bullish Divergence and has given us a potential Bullish Dragon Trend line; if it breaks out I would think this would be the start of an AB=CD movement up to the 1.414 Extension of 7.8 cents
SHIBUSD: Showing Bullish Divergence at the PCZ of a Bullish BatSHIBA INU is Diverging Bullishly at the PCZ of a Bullish Bat after it's spent a few days trading just below it; I think it could make a run for the trend line from here and if it breaks the downtrend line then it can go for the homerun target of $0.015788
SRMUSD: Triple MACD Bullish Divergence Could Take Price Up 6000%SRM has three instances of Bullish Divergence and the Sellers are getting much weaker every time, we are now trading at all time lows and at this point in time the only hope for SRM would probably be to hold this level with the help of the divergence and make a breakout move towards the trendline wher ei think it will be able to make a 61.8%-78.6% retrace.
COMM: Bullish Divergence Holding at $4.00 w/Improving FinancialsI mostly became interested in this stock due to the sector and the recent shift in it's quarterly profit margins; but the stock price did not reflect what I saw in the recently rising profit margins so upon closer inspection it became somewhat apparent that the debt incurred by the company has been utilized to finance their day-to day operations and that these debts have been very heavy and this is likely what's been weighing down on the stock's price, especially because for a long period of time, they have been operating without generating any profits relative to the debts they've incurred.
But recently for the last few quarters a notable shift has occurred, and they are now showing signs of newfound profitability, thus signifying that those earlier debts may have been worth it.
It is also nice to see that they have not resorted to diluting their shareholders, as many stocks with this sort of price action and debt tend to do.
If this Weekly Bullish Divergence plays out, we could see it make a run to the 61.8% Retrace
Carnival Cruise Line: Bump and Run Reversal BottomCCL is Double Bottoming with some very distinct Bullish Divergence on the Monthly Timeframe on both the MACD and RSI and it also has a Lead-In trendline that goes all the way back to 2018. If it breaks above this trend line then it will begin the BARR Breakout which could then take it above the Neckline of the Double Bottom and BAMM us up to the 0.886 Retrace up at $59.65. I personally am trading this via the 2025 LEAPs at the strike price of 10 dollars though i may also get other long dated calls at different strikes later on.
Bitcoin Continues to Diverge Bullishly even as it Breaks SupportDespite BTC's price action breaking below the support zone, it still continues to Bullishly Diverge on the RSI as it forms Bullish Harmonics at the lows. As of right now we are at a shared confluence PCZ of a Bullish Gartley and a Bullish Butterfly which also about aligns with the 200 week SMA and we could be double bottoming here preparing for the big move up.
EURNZD - Looking To Buy Pullbacks In The Short TermH4 - Bullish divergence.
Downtrend line breakout.
Higher highs.
No opposite signs.
H1 - Bullish trend pattern.
Currently it looks like a pullback is happening.
Until the strong support zone holds I expect the price to move higher further after pullbacks.
$GASS: Challenging a Supply Line at a Support FloorStealthGas right now is attempting to Spring back above a Macro Support floor and break through a Supply Line it has formed within this range.
Upon breaking free from this supply line we should most likely see it go to atleast complete a 61.8% retrace.
Ripple - Looking To Buy Pullbacks In The Short TermD1 - Price is bouncing higher from a key support zone.
Bullish hidden divergence followed by continuing divergence.
H1 - Higher highs.
No opposite signs.
Until the two strong support zones hold I expect the price to move higher further after pullbacks.
Introducing Dynamic Action Convergence Divergence (DACD)Hello, it's Stock Justice here! In our latest video, we explore the intricate workings of the Dynamic Action Convergence Divergence (DACD) - a tool that synergizes the robustness of the ADX and the DI lines to create a dynamic and responsive trading indicator.
We plunge into the depths of DACD, starting with the base components - the Average Directional Index (ADX) and the Directional Movement System (DI). We then demonstrate how these two indicators are harmoniously fused together to form a comprehensive tool capable of signaling market momentum and potential trend reversals.
We further elucidate how the DACD uses moving averages to mark potential bullish or bearish trends, and how divergence within the DACD can indicate trend continuations or reversals. The video also highlights the DACD's proficiency in multi-timeframe analysis, enabling traders to view market trends from a broader perspective.
Closing out, we underline the DACD's versatility as a powerful trading instrument, while emphasizing the need for using it in conjunction with proper risk management and a balanced blend of other technical analysis tools. This video is an essential watch for all traders seeking to enhance their trading arsenal and navigate the market more proficiently!