Month Bearish Market EA - JWI analyzed the monthly timeframe, November's and December's candles were bearish. January's candle was bullish and retraced to the 78% or a little before it on the fib. I scaled down to the weekly timeframe and see ChoC-CH (change of character). The previous lows are being broken and then price retraced again just below the 78%. I believe price will continue to sell to the -27% on the fib which is also the target of the next low.
Growth
Monthly Bearish Market Structure EN - JWAnalyzing the monthly candle, I see that it retraced and wicked the 62% based on my fib. This was a pullback for November's and December's 2023 bearish candles. The January candle was bullish. Now for February I believe it will be a bearish candle and will sell. Right now, the monthly timeframe isn't the best to see my idea, so I dropped down to the weekly timeframe. On the weekly you can see ICT's understanding of a bearish market structure. We created temporary highs and then immediately broke the equal lows. The temporary high that was broken followed by an impulsive move breaking previous lows shows us Cho-CH (change of character) ICT wants to see a run above an old high and then an immediate Cho-CH. That's what the market has shown me. Now I expect price to sell to the next old low (1st TP) and then eventually sell to the previous swing low.
SSE is moving upward in the next 6 monthHello SSE community
According to the announcements and new fundamental news of the Soroosh Smart Ecosystem
Big update is coming for this project by the end of Q1 2024 and it will impact on the LSE:SSE token price in the next 6 - 9 months .
As you can see on the chart of #SSE in Bitmart and BingX , there is a crucial resistant to break at the area of 0.008 and potential entries are 0.0060 - 0.0065
My recommendation is buying step by step in several part in the area of values
Available targets in the next bull-cycle are 0.020 , 0.05 , 0.10 , 0.15 , 0.30
Good Luck guys
In-Depth Analysis of LODHA (NSE: LODHA)Technical Overview:
1. RSI Divergence and Weekly Chart Support:
LODHA's weekly chart indicates substantial support at the Relative Strength Index (RSI) divergence. RSI is a crucial momentum indicator, and divergence can signal potential trend reversals. The presence of RSI support on the weekly chart suggests a strong technical foundation.
Fundamental Highlights:
1. Q3 Earnings Performance:
Lodha reported robust Q3 earnings with a significant increase in EBITDA, reflecting commendable operational performance. The improved EBITDA margin is indicative of enhanced profitability.
2. Net Profit Growth:
Q3 consolidated net profit has shown substantial growth on both a year-on-year (YoY) and quarter-on-quarter (QoQ) basis. This positive trend in net profit underscores the company's ability to generate earnings.
3. Revenue Expansion:
Q3 revenue growth, both YoY and QoQ, highlights the company's capacity to increase sales, contributing to overall financial strength.
Trade Execution Strategy:
Entry:
Consider entering a long position at the current market price (CMP) of 1056. This entry aligns with the technical support identified on the weekly chart and is further supported by positive fundamental developments.
Stop Loss Placement:
Place a stop loss at 980. This stop loss level is strategically chosen to provide a reasonable buffer against potential price fluctuations while safeguarding the trade from adverse market movements.
Target Setting:
Set a target of 1230. The target is determined based on the technical support and the positive fundamental backdrop, reflecting an anticipated upward price movement.
Risk Factors and Considerations:
1. Market Conditions:
Monitor broader market conditions and potential external factors that may impact the stock or overall market sentiment.
2. Corporate Developments:
Stay informed about any corporate developments, announcements, or industry-specific news that could influence the stock.
3. Continuous Monitoring:
Regularly monitor the trade for any shifts in the technical setup or unforeseen market developments. Be prepared to adjust the strategy based on evolving conditions.
Conclusion:
LODHA presents a compelling opportunity with a combination of technical support and positive fundamental indicators, particularly strong Q3 earnings. The trade is initiated with a comprehensive risk management strategy. Regular monitoring and adaptability are key to navigating dynamic market conditions.
Forget morgan stanleys downgradestanley fools, these same imbeciles will be the ones to downgrade an equity or in this case a competitor right after their competitor just proved their worth recently after consecutive earnings beat. These are the same people or entity who is waiting to scoop up shares of SOFI at their PRICE TARGET.
the ones in control of the big funds, with the click of a finger be able to buy and short any amount they want if the please, manipulation at its finest. As Sofi hit a high of mid 9s on monday Jan 29/2024 there was major resistance more like manipulation at a key resistance, as the run was too much even from a technical perspective yes it was overbought. However their fundamentals are only getting better, and they are afraid. Banks rating another bank who would have guessed, thats like trump grading Biden.
anyways back to the technicality sorry for my rant.
As we observe the two timeslines provided the weekly, and four hourtime frame the weekly candle is slightly leaning towards the bullish momentum based on the green candlebar. However the volume still being red signalling sellers have momentum.
The current price action is currently in the same position when price closed on friday before reporting earnings on monday. the four hour RSI is above 40 pointing to the upside and the two last candles to the right are close to the ichimoku cloud so if only buyers were to step in again around this price range and close above 8 will be a good start.
I dont have it included but if you look at the monthly candle which is only 1 day of febuary about to close so far it started off with a red bearish candle but the wick or shadow is below the body meaning buyers are trying to gain traction at the beginning of FEB. a new monthly cycle, as buyers lost momentum in the 9s and majorly in the 8s confidence was lost profits were taken. However this only provides another opportunity for those who have actually did their due diligence and research and not follow fools who make sofis earnings seem miniscule.
mon 04 dec 2023 price hit a low of 7.65 192.288M volume,
week of mon 11 dec 2023 price hit a low of 7.83 271.359M
week of 16 jan 2024 hit a low of 7.21 (buyers deemed the price cheap and entered long) 166.489M
week of 22 jan 2024 hit a low of7.52 278.154M
week of mon 29 jan 2024 hit a low of 7.57 with a volume of 592.118M
BEARISH SELL STOP 🫡My trading plan does not allow me to buy into new highs.
However it's not safe or practical to aimlessly short the high.
A sell stop order is how I safely trade the highs.
I am Bearish to Neutral for now. Waiting for significant signs of bullish support.
Seasonally, the market is Bearish/ corrects on average going into February.
🫡🌊
$SOFI Stock: Is This a Buying Opportunity for 2024?SoFi's strong quarterly performance, expanding customer base, robust interest income, high-quality loan originations, and growing lending capacity bode well for long-term growth. Consequently, investors with a long-term perspective may consider accumulating SoFi stock at its current trading price.
Also, looking at the technicals this could be a very nice by with EW 2.0, 12345 impulsive wave in play.
Not and investment advice I could be wrong.
My high-net-worth investor bets big on six EV stocks. I recently collaborated on a portfolio with a highly successful businessman who is passionate about the electric vehicle (EV) space. We opted for a long-only EV portfolio, allocating a total of $69,000, a number that our client believes holds significance value to him.
The allocation is as follows:
NASDAQ:TSLA (Tesla) - 50%: The undisputed king of EVs, Tesla holds a dominant position in the market, making it a core component of the portfolio.
NYSE:XPEV (Xpeng Motors) - 15%: A strategic joint venture with Audi, Xpeng is a formidable player in the Chinese EV market, offering innovative and competitive vehicles.
NYSE:NIO (Nio) - 15%: Dubbed the "Chinese Mercedes," Nio is a rising star in the EV industry, known for its sleek designs and advanced technology.
NASDAQ:LI (Li Auto) - 10%: The leader of the Chinese EV pack, Li Auto has captured market share with its innovative SUV model, offering a unique blend of practicality and luxury.
NASDAQ:RIVN (Rivian) - 10%: Backed by Amazon founder Jeff Bezos, Rivian is poised to make a significant impact in the EV truck segment.
We consciously excluded NASDAQ:VFS (VinFast) from the portfolio, considering it a potential pump-and-dump scheme. But we are willing to invest in this scheme once the time is right.
A Message from Aladdin: The Master mind behind this tactical investment.
My philosophy is that "diversification is for losers," I believe that focusing on a select few high-potential stocks can lead to superior returns. While this approach carries inherent risks, it aligns with my risk tolerance and investment goals.
PYPL: The Future of Payments Isn't Just About Money !For me PayPal is more than just a payment processor. It's a platform that's changing the way we live, work, and play. And in a world that's always looking for the next smile, PayPal is the perfect partner.
Just think about it. With PayPal, you can send money to friends with a funny meme. You can buy a gift for your mom with a hilarious message attached. And you can even pay for your pizza with a joke about how you're going to eat it all.
The future of payments is about making people smile, and PayPal is leading the way. So if you're looking for a way to make your life a little bit more fun, then invest in PayPal. You won't regret it.
Alph - Generation Wealth Generator? Massive Gains ahead
Alephium: Revolutionizing Decentralized Applications
Price Points to watch
Support Zone: $.8344 - $1.15
Resistance Level: $1.33 -$1.65
Target 1: $2.14
Target 2: $2.65
Discover Alephium, a cutting-edge blockchain that seamlessly blends innovation, scalability, and security to cater to the needs of both developers and users alike. With its mantra of being scalable for developers, secure for users, and decentralized for all, Alephium has emerged as a powerhouse in the realm of decentralized applications (dApps).
At the heart of Alephium's prowess lies its ingenious combination of innovative sharding, expressive sUTXO (stateful Unspent Transaction Output), and an efficient Proof-of-Less-Work (PoLW) consensus mechanism. This triumvirate not only ensures the security of dApps but also lays the foundation for their scalability in real-world use cases.
From its technical design to user interfaces, Alephium has been meticulously crafted to confront the challenges faced by decentralized applications head-on. It introduces a programmable and secure environment, presenting a stateful UTXO model that not only achieves layer-1 scalability but also matches the programmability level seen in Ethereum's account model, all while providing enhanced security.
Alephium stands out as an eco-friendly choice in the blockchain landscape, thanks to its Proof-of-Less-Work mechanism. By dynamically adjusting the work required to mine new blocks through a combination of physical work and coin economics, Alephium manages to achieve the same results with only 1/8th of the energy consumption compared to Bitcoin, making it a sustainable option for environmentally conscious users.
In addition to its scalability and energy efficiency, Alephium introduces its custom virtual machine, Alphred, to enhance the on-chain structure. Alphred not only addresses critical issues present in current dApps platforms but also brings forth significant improvements in security, development experience, and introduces new paradigms such as trustless peer-to-peer smart contract transactions.
For those seeking a blockchain that pushes the boundaries of what's possible in decentralized applications, Alephium stands as a beacon of innovation, offering a secure, scalable, and decentralized ecosystem that pioneers a new era in blockchain technology.
GOOG Stock Poised for ATHs as Market ReboundsGoogle parent company Alphabet Inc.'s (GOOG) stock is poised to reach all-time highs (ATHs) as the broader market rebounds from recent sell-offs. The company's strong fundamentals, including its dominant position in the online advertising market, its growing cloud computing business, and its expanding hardware offerings, make it well-positioned for continued growth in the years to come.
In addition, GOOG's recent stock buyback program and its commitment to returning value to shareholders through dividends are also likely to support the stock price. With the market on the upswing, GOOG is a compelling buy-and-hold investment for long-term & short-term investors.
This is not an investment advice do your own DD.
Alibaba Cloud's Amplified Support Propels $SUI to an 11% SurgeThe NYSE:SUI token experienced a remarkable 11% surge in its price, driven by Alibaba Cloud's intensified commitment to bolstering the NYSE:SUI network. This surge, witnessed on Wednesday, comes hot on the heels of a strategic partnership expansion between Alibaba Cloud and Mysten Labs, promising a new era of support and growth for the Sui ecosystem.
Price Surge and Growth Trajectory:
NYSE:SUI token's value soared by almost 11% on Wednesday, maintaining a 24-hour trading range between $1.12 and $1.31. This surge adds to an impressive upward trend, with the NYSE:SUI token recording an astounding 60% increase in the last two weeks, according to CoinGecko analysis. The robust performance signals growing investor confidence and heightened interest in the Sui network.
Alibaba Cloud's Expanded Partnership:
Alibaba Cloud's expanded collaboration with Mysten Labs is not merely symbolic; it brings tangible benefits to the Sui network. The partnership introduces a suite of services and tools aimed at fostering the growth of the NYSE:SUI ecosystem. Among these offerings is the integration of Alibaba Cloud's cloud services into Scale3 Labs’ Autopilot platform. This integration streamlines the process for developers, allowing them to deploy NYSE:SUI full nodes with a single click, a significant leap towards simplifying blockchain technology access.
Comprehensive Developer Support:
Alibaba Cloud's support extends beyond basic infrastructure, providing comprehensive observability tools for blockchain nodes and validators. These tools include essential features such as alerting, monitoring, and AI-enabled logging. The strategic collaboration also involves Mysten Labs and ChainIDE working on an AI-assisted tool for ChainIDE, a blockchain-focused development environment. This multifaceted approach underscores Alibaba Cloud's commitment to empowering developers within the Sui network.
Strategic Incubator Initiatives:
The partnership between Mysten Labs and Alibaba Cloud goes beyond technical integration. It includes support for incubator projects and the hosting of hackathons in strategic locations like Hong Kong, Singapore, and Dubai. These initiatives aim to cultivate a robust NYSE:SUI network ecosystem, facilitating smoother transactions and enhancing user onboarding for developers on Alibaba Cloud.
Closing the Developer Gap:
Recognizing the importance of a diverse and skilled developer community, Alibaba Cloud tailored its services for Sui builders last year, focusing on secure infrastructure and archival node services. The recent addition of AI-enabled development environments and the translation of Move documentation into Asian languages further bridges the gap, ensuring that a broader pool of developers can contribute to and benefit from the Sui network.
Conclusion:
Alibaba Cloud's comprehensive support for the NYSE:SUI network marks a significant milestone in the convergence of blockchain technology and user-friendly online tools. The collaboration with Mysten Labs is poised to elevate the utility and engagement of the Sui network, offering crucial support to developers and positioning the token for sustained growth. As blockchain technology continues to evolve, Alibaba Cloud's strategic initiatives could pave the way for a more accessible and vibrant future for the Sui network.
Rising 2 the Stars Swing H/L, order block created by smart money which is the SUPPLY that needs to be collected.
Smart money magnet value means trend follows it going passed it then intends to come back to it but eventually moves up. When trend tags the supply zone then declines then moves back up.
Expect many dips. Smart money is working hard for us to gain the more volatility.
This is a 1 week time chart. Means be patient
Head and Shoulders and moreEvo is an online and media, gamming and lottery company from sweden that is expanding all over the world. Fundamentally sound and with great financial ratios.
Tech wise is doing a clear reverse HaS that should break higher. On a wave analysis it might be in wave 5 of 1 which means you might want to buy now 1,227 for the break of the neck and with a target of 1,280 - 1,300. Then sell and wait for wave 2 to unfold and buy again for the real wave 3 rally.....
Brent (ICE) may rise to 80.55 - 81.00Pivot
78.85
Our preference
Long positions above 78.85 with targets at 80.55 & 81.00 in extension.
Alternative scenario
Below 78.85 look for further downside with 78.40 & 77.80 as targets.
Comment
The RSI is around its neutrality area at 50%
Supports and resistances
81.60
81.00
80.55
79.60 Last
78.85
78.40
77.80
Number of asterisks represents the strength of support and resistance levels.