Get started

Moving Averages

$SPY September 24, 2024AMEX:SPY September 24, 2024 15 Minutes. Looks like consolidation was done yesterday. For the fall 572.88 to 565.17 AMEX:SPY retraced to 570 levels which is 61.8% retracement. Now we have a range fixed. Sell below 565 and buy above 570.5 as long as the bar is closed near bottom or top on that breakout. Also, in for the rise from 565.17 to 570.34 AMEX:SPY retraced yesterday to 568 levels which again represents 61.8% retracement for that rise. Bias is towards long. I will go long above 570.5 levels based on closure. I expect a gap up so as usual may not get a chance to enter. I will wait for first 15 minutes in case of gap up before taking long. Target 574 to 578 levels for the Fib extension as drawn in chart.
AMEX:SPYLong
by RiderTrader
4
PSU Banks Can take off from here. Signs looking ominous. Trend line has given support to PSU bank index. Father line has given support to PSU bank index. If mother line gives support later this week. They can have a huge upside in the range of 10 to 40% depending on individual banks and their fundamentals.Things are looking ominous. Mother Line Breakout (Mother's Blessing/Ashirwaad can happen later this week.) To know more about Mother, father and small child theory and Happy Candles numbers that we assign to stocks, Parallel channel etc. read my book The Happy Candles way to wealth creation. The book is available on Amazon in paperback and Kindle version. RSI is crossing over to the bullish territory. Moving Averages are converging in a positive way. Keep all the banks in this index on radar. Performance of each can differ depending on fundamentals of each one. The PSU Bank Index comprises of banks like SBI, BOB, Indian Overseas Bank, Punjab National Bank, Bank of Maharashtra, UCO Bank, Central Bank of India, Union Bank of India, Punjab & Sind Bank, Bank of India, Canara Bank and Indian Bank. Keep them all in radar.
NSE:CNXPSUBANKLong
by Happy_Candles_Investment
52 Week High Breakout - Positional TradeDisclaimer: I am not a Sebi registered adviser. This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser. 52 Week Breakout. Stock has Crossed 52 week High. Keep in watch list. Buy above the high. Suitable for Positional Trade. Stop loss & Target Shown on Chart. Stop loss Trail by 30 SMA. Exit if Price Close below 30 SMA on Daily Chart. Be Discipline because discipline is the Key to Success in the STOCK Market. Trade What you see not what you Think
NSE:MOS
by AnsariTV
52 Week High Breakout - Positional Trade Disclaimer: I am not a Sebi registered adviser. This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser. 52 Week Breakout. Stock has Crossed 52 week High. Keep in watch list. Buy above the high. Suitable for Positional Trade. Stop loss & Target Shown on Chart. Stop loss Trail by 30 SMA. Exit if Price Close below 30 SMA on Daily Chart. Be Discipline because discipline is the Key to Success in the STOCK Market. Trade What you see not what you Think
NSE:KESORAMIND
by AnsariTV
Chevron May Be OverboughtEnergy stocks bounced last week. However they remain the worst-performing sector this year and now some traders may see downside risk in Chevron. The first pattern on today’s chart is the March low of $147.67. CVX knifed through this potential support level in early August and peaked near it a few weeks later. Now it’s stalling around the same level. Has old support become new resistance? Second, a peak here would represent a lower high versus late August. The stock also made a lower low in mid-September versus mid-August. Lower highs and lower lows are potentially consistent with downtrends. Third, the 50-day simple moving average (SMA) had a “death cross” below the 200-day SMA last month. Finally, stochastics have reached an overbought condition. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:CVX
by TradeStation
2
NVO bounce off 50 emaI have been waiting for another flush on NVO for a while, this tap of the 50 EMA should bounce and I bet the stock returns to the momentum trend line (teal). As you will notice the stock rarely stays below the 20EMA and teal trend, let alone riding the 50 EMA. Since this is a weekly chart. You will note a bottoming stochastic RSI. My plan: I have already entered 130$ Dec calls. I will add more if we candle body this EMA. My PT is 129$, then a more optimistic 141$.
NYSE:NVOLong
by Apollo_21mil
HighPeak Energy | HPK | Long at $15.75HighPeak Energy NASDAQ:HPK currently has a 19.5million float, 24%+ short interest, 12x P/E, and debt/equity ratio of 0.7x... all while insiders are loading up on shares (CEO grabbed $5+ million in August 2024). Something may be brewing. The oil and natural gas company's earnings are expected to rise into 2025 after taking a hit in 2024. From a technical analysis perspective, the price for NASDAQ:HPK has been consolidating for some time now between $12 and $17. It won't trade sideways forever, but that doesn't mean it's only going up. Personally, with the amount of insider purchases and limited selling since 2022 while the stock is consolidation mode, I anticipate an upward move in the coming months or years into 2026. At $15.75, the stock is in a personal buy zone. There is a gap near $14.50 that may be closed in the near-term, but unless some abysmal company news emerges (which is counter-intuitive to insiders buying right now), the stock may be gearing up for a big move. Target #1 = $17.40 Target #2 = $19.00 Target #3 = $20.00 Target #4 = $22.30
NASDAQ:HPKLong
by WorthlessViews
Will Nvidia Come to Life?Nvidia has been largely quiet as the S&P 500 pushes to new highs, but will that change? The first pattern on today’s chart is the convergence of the 50- and 100-day simple moving averages. On one hand, this highlights the semiconductor giant’s longer-term uptrend. On the other, it highlights intermediate-term neutrality. That could make some trend followers look for the longer-term direction to resume. Second, the $117 zone was a weekly low in mid-June and support a couple of times in the subsequent month. The stock just formed an inside week in the same area. That may suggest prices are tightening before a potential move. Third, MACD has started rising and the stock has mostly been above its 21-day exponential moving average. Those patterns may reflect increased bullishness in the short-term. Finally, you have the bigger picture of the broader market breaking out as the Federal Reserve gets dovish. With this year’s most prominent gainer more than 15 percent below its all-time, some investors may look for money to return to such a leader as yearend comes within view. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NASDAQ:NVDA
by TradeStation
USDCHF May End Daily Accumulation SoonRSI Divergence on Daily TF shows slowing down of overall weekly downtrend. May sweep the bottom range of Daily FVG (0.8560) after Fed Chair Powell gives his speech, and release of GDP Growth rate QoQ Final on Sep. 26. Then may dive down for the manipulation (0.8350) to sweep bottom liquidity before the bullish distribution in the coming days until next week to target the Weekly FVG (0.8750) Confluences on Daily TF: + RSI Divergence + 50 Moving Average (pink) + 200 Moving Average (yellow) + Bollinger band oscillation + Volume profile + Wycoff Pattern Distribution
Long
by AlvinBaking
Novo Nordisk could be dropping 15% from hereLooking at Novo Nordisk and the fundamental I have a hard time thinking Novo would drop further at this point. However the technical setup indicates that if we don't hold the current level we could drop more than 15% from here. - The head and shoulder is complete now we just need to see if we can get a follow through. - Closing price Friday was below the 200 daily moving average. The recent price drop is caused by a dissapoint in early trial results of their pill Monlunabant.
OMXCOP:NOVO_BShort
by madsroland
DAX continues to trade around the all-time highs.DE30EUR - 24h expiry Price action continues to trade around the all-time highs. Price action resulted in a new all-time high at 19050. Our short term bias remains positive. 50 4hour EMA is at 18663. A Morning Doji Star formation has been posted at the low. We look to Buy at 18735 (stop at 18655) Our profit targets will be 18935 and 18995 RR 2,5 Resistance: 18821 / 18900 / 19049 Support: 18800 / 18704 / 18600 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:DE30EURLong
by OANDA
Amazon - Buying Pullbacks & Cyclical High Expected SoonHere is what I am watching on Amazon. -We need to be aware that there is bearish divergence setting up on the quarterly, monthly & weekly charts. HOWEVER, this divergence is not yet confirmed, and is therefore not actionable trade intel at the present moment. We need to monitor these divergences, because if they confirm, they imply significant price moves in Amazon share price. -MAC strategy for the Quarterly, Monthly & Weekly charts remain bullish. Any pullbacks into the bottom of the MAC are BUY opportunities. I do not blindly buy the bottom of the channels, but utilize lower timeframe entry techniques at these levels to trigger into a position. We are still BULLISH Amazon. -Cycles suggest that Amazon could put in a cyclical high any time between now and October 10th, before putting in a major cyclical low at the end of October. I would like to see this play out to provide us with nice buy opportunities at the bottom of the MAC's.
NASDAQ:AMZNLong
by Tradius_Trades
Google - Looking For Sell Triggers Around 171This video provides an overview of the things that I am watching for Google right now. -We need to monitor the quarterly, monthly & weekly divergences that are currently setup, but not yet confirmed. These are not actionable right now, but they definitely need our attention. If confirmed, they imply some very significant moves in this market. -We can see that the Monthly is still bullish, and we had a monthly MAC entry confirm on the Daily on September 13th. This trade still has not hit its targets, with the first being 169.69 (what a great number). The second target being 180. I would not be surprised to see Google trade up to 169.69 sometime soon. -The Weekly chart is confirmed bearish for the MAC strategy. What this means is that any rallies into the weekly MAC high are opportunities to sell on the H6 chart. I'll be looking for sell triggers if price trades into the 171 level (Weekly MAC high). -Threw in some cycles, for fun. Have a great week.
NASDAQ:GOOGShort
by Tradius_Trades
1
50 SMA Rising - Positional TradeDisclaimer: I am not a Sebi registered adviser. This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser. Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months. Be Discipline because discipline is the Key to Success in the STOCK Market. Trade What you see not what you Think
NSE:TECHM
by AnsariTV
50 SMA Rising - Positional TradeDisclaimer: I am not a Sebi registered adviser. This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser. Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months. Be Discipline because discipline is the Key to Success in the STOCK Market. Trade What you see not what you Think
NSE:LUXIND
by AnsariTV
50 SMA Rising - Positional TradeDisclaimer: I am not a Sebi registered adviser. This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser. Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months. Be Discipline because discipline is the Key to Success in the STOCK Market. Trade What you see not what you Think
NSE:LALPATHLAB
by AnsariTV
50 SMA Rising - Positional TradeDisclaimer: I am not a Sebi registered adviser. This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser. Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months. Be Discipline because discipline is the Key to Success in the STOCK Market. Trade What you see not what you Think
NSE:INFY
by AnsariTV
50 SMA Rising - Positional TradeDisclaimer: I am not a Sebi registered adviser. This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser. Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months. Be Discipline because discipline is the Key to Success in the STOCK Market. Trade What you see not what you Think
NSE:HINDPETRO
by AnsariTV