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GIC Re: Eyeing a Potential Breakout on the Weekly ChartThe stock of General Insurance Corporation of India (GIC Re) is exhibiting a promising technical setup as it consolidates near critical resistance. With strong price action and an ascending triangle pattern forming, the stage seems set for an upward breakout. Key Levels and Setup 📈 Support Trendline: The stock has consistently respected an upward trendline, starting from lower levels and providing a strong base for price action. 📌 Immediate Resistance: ₹440–₹460 is the critical zone to watch. A breakout above this level could open doors to significant upside potential. 🚀 Upside Targets: Target 1: ₹520 Target 2: ₹740 📉 Stop-Loss: To manage risk, a stop-loss can be placed below ₹430, near the ascending trendline support. Trading Plan Breakout Confirmation: Look for a weekly close above ₹460 with a noticeable increase in volume to confirm the breakout. Retest Entry: If the stock retests ₹440–₹460 as support, it could provide a low-risk entry opportunity for positional traders. Volume and Momentum Keep an eye on trading volume as the stock approaches ₹460. A high-volume breakout will reinforce the bullish case, increasing the likelihood of sustained upward momentum. ⚠️ Warning: Markets are unpredictable, and no setup guarantees profits. Always use proper risk management strategies to protect your capital. Disclaimer: This is not financial advice. Always perform your own analysis or consult with a financial advisor before making any investment decisions. 💬 What are your thoughts on GIC Re’s potential breakout? Do you think it will hit ₹740? Let me know in the comments below! 🚀📊 Don’t forget to follow, like, comment, and share for more insights like this! #GICRe #TechnicalAnalysis #StockBreakout #TradingSetup
NSE:GICRELong
by niveshIQ
META pulled back, I'm taking advantage! 30% UpsideH5 TRADE - NASDAQ:META If you want a great fundamental investment as a trade then let NASDAQ:META be your huckleberry friends! Called out this breakout two weeks ago but wanted wait for this retest to happen. Well, we got it! -H5 Indicator is GREEN -Ascending triangle breakout with a retest which formed a Bull Flag that broke out as well and now retested. -Williams CB formed and thriving, even with the big pullback yesterday -Sitting on a Volume Shelf with ATH free space above Bought in with 25 shares and will add some options on open. 🔜🎯$706 🎯$780 Not financial advice
NASDAQ:METALong
by RonnieV29
11
Chainlink (LINK) Cup & Handle BULLISH!Chainlink (LINK) has formed a Cup & Handle pattern with a bullish scenario. The breakout has formed a bullish trend for the bulls creating pressure to push the price to the upside. In addition, the bears have pulled the price back down towards the neckline which acts as a previous Upper Resistance line. Bid Zone= $19.27 - $22.87 Expect price to continue to the upside with followed buying momentum from the bulls. After this pullback, Chainlink will now retest previous "All-Time High" dated back from 2021. Target= $52.28
Long
by Bitcoin_Benny
Lingrid | EURUSD Bearish Momentum Persists. ShortFX:EURUSD dropped after the news was released and is now pulling back toward the resistance zone. The price is slowing down and forming rejection candles, indicating a potential reversal at this resistance zone. On the 1H chart, the price is showing an ABCD pullback pattern. Given the bearish sentiment, I believe the market might continue to move downward. I expect a pullback to the resistance zone around 1.04300 before the bearish trend resumes. My goal is support zone around 1.03260 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
7
SMCI’s Game-Changing Move: Could This Be a 500% Opportunity? Bullish Analysis for Super Micro Computer, Inc. (SMCI) 1. Valuation Metrics P/S Ratio: Previously 7.46, now just 1.43, showcasing significant undervaluation compared to historical levels. P/E Ratio: Previously 90, now 16.67, making the stock much more attractive to value-focused investors. Fair Value Estimate: According to Simply Wall Street , the fair value per share is estimated at $439.38 , suggesting substantial upside from the current price levels. 2. Strong Financial Metrics Current Market Cap: $18.87 billion. Revenue: This year's revenue is $14.94 billion, and 2025 revenue is expected to exceed $23 billion, surpassing the current market cap—a promising signal of growth potential. Financial Health: SMCI can cover all its debt twice over , with a debt-to-equity ratio of 0.40 , which sits comfortably in the ideal range of 0.30–0.60. 3. Growth Drivers New Manufacturing Facility: A facility in Malaysia is expected to become operational in the second quarter of fiscal year 2025, enabling SMCI to scale up its AI server production. Liquid Cooling Expertise: SMCI specializes in liquid cooling technology , critical for the new generation of powerful chips and data centers, including Nvidia’s Blackwell GPUs , which are experiencing record demand as Nvidia ramps up production. 4. Technical and Price Action Support Levels: SMCI has established strong support at $30. Trend Reversal: The stock has broken the structure of its downtrend and is now showing clear signs of heading to the upside, further reinforcing bullish momentum. Resistance Levels: Potential price targets based on resistance areas: Target 1: $50 (52.4% increase). Target 2: $70 (113.4% increase). Target 3: $100 (204.8% increase). Target 4: $120 (265.8% increase). Long-term Target: $200+ (509.75% increase). 5. AI Market Leadership SMCI’s continued focus on AI servers positions it as a key beneficiary in the rapidly growing AI-driven computing market. Conclusion With its attractive valuation, robust financial health, strategic expansion plans, and leadership in liquid cooling and AI servers, SMCI is well-positioned for substantial growth. The recent trend reversal adds technical confirmation to the fundamental bullish case, making current price levels a compelling opportunity for investors seeking exposure to the AI and data center markets.
NASDAQ:SMCILong
by ValchevFinance
DXY - Bullish Flag Breakout PatternAfter an explosive bullish move due to the US Interest Rates news yesterday the US Dollar Index is showing signs of relief. This relief is also forming a Flag Pattern with the expectation being a breakout to the upside. Not only is this flag pattern a bullish sign, but overall the market is providing us with more bullish signs as well making this a very interesting opportunity to keep an eye. I'll walk yo through what I'm seeing and where I expect price to go if this trading idea works out. Hope you enjoyed the video and I wish you a Happy Holiday's Akil
TVC:DXYLong
by Akil_Stokes
1
POLKADOT- BUY HIGH, SELL HIGHERIn the midst of chaos, I've decided to increase my position in Polkadot, as I've been holding since $5.82. The structure continues to show bullish signals, and we’re still in a bull market. Moreover, the Christmas and New Year rally hasn’t even started yet. For traders feeling anxious right now, it's better to step away from the screen and avoid making impulsive decisions. For those focused on knowledge and strategy, there’s no better moment to consider opening a long position—fully aware of the possibility that your stop-loss might be hit. Trade Management: Entry: $7 or market price Stop-loss: $6.31 (keeping the previous position intact) Remember to control your emotions and avoid overtrading. Maintaining liquidity is crucial—don’t put all your capital at risk. Protect your psychology and trust your skills. Don’t let the market shake your confidence in what you know works. I’m sticking to my plan, as mentioned in my previous idea. Nothing changes if you follow your plan. May God bless you all. Jay
Long
by Jaytradermb
KINBTC ..1H. AND DAILYIf the daily candle closes below 99600, the expected move in the daily timeframe is up to 85300, but in the one-hour timeframe, if 97800 is touched first, there is a high probability of an increase to the specified range, and conversely, if it reaches the upper box first, it can be sold. The closing of the daily candle today can help in identifying the path. The previous analysis path has been slightly shifted for better identification. This is just a possibility.
by kingbtc3
6