RH: Backtest demand supply the last time before a long journey -Phase E on Wyckoff Analysis. -Demand confirmed with Engulfing candle together with volume, and backtest with less supply. . See more plans on US STOCKS- WALL STREET DREAM
The shorts have done extremely well here, dragging the price down by over 34%. ELV has been under severe pressure due to a miss on EPS on their last earnings report. However, they did beat on revenue (by $1.58B) but that did not stop holders exiting their positions. Unless you're living under a shell, you will know that the entire sector has been under increased public scrutiny following the death of the United Health Group's CEO. President Trump has also had some harsh words for the sector and has appointed RFK in a key position, he is not perceived as a friend of in the industry. The whole industry will likely face further scrutiny over the coming quarters, I don't expect things to change soon. Whilst there is blood on the streets (quite literally), I do feel that this presents an excellent opportunity for a patient, long term investor, who is happy to buy on the major dips and hold for the longer term. I don't see the stock falling more than 20% of the current price. Short interest has also been declining, so we should see the downside pressure starting to ease. Looking at the TA, it is not unusual for this stock to drop 30-40% from it's peak before continuing to move up. The 0.382 Fibonacci speed fan has hisotrically held as support on the major dips. We are now dipping below this level but we also have strong support below at a Monthly level along with the Golden Fibonacci support zone. ELV has historically outperformed the S&P500, so in my opinion this is a good time to think about getting involved in the sector if you have no exposure to Healthcare sector. Or you can wait for the Buy Zone to be hit around $300-330. Not financial advise, do what's best for you.
We can see volume divergence in IDFC bank. buy with a Sl of 62 and TP1=72 TP2=77.
There was no much momentum to breakout if he eventually get to 0.04 it will be a good idea for a nice reversal.
Dow Jones (DJI) gave us the best bullish break-out signal exactly 1 year ago (December 13 2023, see chart below), as our buy entry at 36577 hit our 42900 long-term Target last October: https://www.tradingview.com/chart/DJI/5TfXhYLQ-DOW-JONES-Does-this-rally-still-surprise-you/ At that time we made a clear point why that rally 'shouldn't surprise you' and it is because of this pattern's consistency for so many years. This 1W time-frame chart shows the cyclical behavior of the index, which peaks (Sine Wave top), then pulls back and starts forming a Rising Wedge (Sine Wave bottom) and when it breaks above the Rising Wedge, is where it flashed the bullish break-out signal we got a year ago. As you can see it then starts a gradual rise on the BB20 and completes the Cycle again (Sine Wave top) after roughly a +47% rally. The title mentions that this pattern 'never failed', practically it only broke during the COVID flash crash, which was a non-technical event than occurs once every 100 years. As you can see even the 1W MACD sequences between the cyclical patterns are identical. As a result, our Target towards the Sine Wave peak is 48000. If this is achieved in Q2 2025, based on Dow's current Channel Up (dashed), then we expect the index to remain on those high levels but turn more neutral sideways towards the end of 2025 and then eventual start of the new Bear Phase. ------------------------------------------------------------------------------- ** Please LIKE ?, FOLLOW ✅, SHARE ? and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- ?????? ? ? ? ? ? ?
While alts and Solana memes have been taking a beating, there's still great opportunity to trade these. I find sticking with spot is the safest and if you look at something like Myro, which essentially moves in tandem with WIF, it's a relatively easy trade at moments like this when it's been bouncing at support. I've re-entered at .083 and intend to hold this until around .24 as long as Myro can move above the avwap at .16 - also depending on how things are looking there is potential to return to its ATH, but I think any massive movements in the market will come when FTX repayments of 13 billion usd hit in 60 days, another reason why now is a fantastic entry point for spot. FOMC meeting on rate cute is today at 14:00 EST and markets as expected took a dip yesterday and should rally at the news of another cut of .25 - this is where I expect Myro to follow the market up and begin testing key resistance points I've charted. Of course this time frame could take longer but I expect by end of January Myro to be back around .20
Based on technical factors there is a Buy position in : ? CTCUSDT ? Buy Now ?Stop loss 0.9500 ?Target 1 1.5300 ?Target 2 1.9500 ?Target 3 2.7000 ?RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes? and comments?
Forex Traders Await the Fed's Decision The Federal Reserve is set to announce its interest rate decision today at 21:00 GMT+2, with Fed Chair Jerome Powell holding a press conference 30 minutes later. According to Forex Factory, the market expects a rate cut to 4.25%-4.50% from the current 4.50%-4.75%. Analysts at Apollo Global Management, in their Economic Outlook, predict: → In 2025, the Fed will continue lowering rates but at a slower pace than the market anticipates; → By the end of 2025, the rate is expected to settle at 4.0%. In anticipation of today's decision, the currency markets are experiencing a period of calm. https://www.tradingview.com/x/v3LAjUnD/ The technical analysis of the EUR/USD chart shows that the pair consolidates between the upper boundary of a descending channel and the lower black support line, forming a narrowing triangle pattern (highlighted in purple). Today's Fed meeting could trigger a surge in volatility, potentially driving sharp movements in USD pairs. For EUR/USD, opposite scenarios are possible: → An upward movement with a bullish breakout of the upper boundary of the long-term descending channel; → Continuation of the downtrend with a breakout below the lower black support line. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
The USDJPY is currently at 153.600 Looking for a 190pts Bullish Run towards 153.790. (Direction for LTF-Trades)
Enovix (ENVX) Stock Analysis: Batteries, Risks, and Big Dreams "Speculation without preparation is just gambling with extra paperwork." 1. Batteries That Could Change the Game Enovix Corporation is a silicon battery innovator. From smartphones to EVs, they’re trying to power everything—if they can power through their own growing pains first. Stock’s sitting at $8.42, down 6.24% recently. A far cry from its 52-week high of $18.68. The low? $5.70. A wild ride, just like the battery tech race. Cool tech, shaky stock. Can they charge forward, or will they short-circuit? 2. Financial Roller Coaster 2023 revenue climbed 23% to $7.64M. Sounds great—until you see the $214M net loss (up 314%). Cash burn isn’t just happening; it’s a bonfire. Q3 2024 did offer a silver lining. Losses narrowed by 80% quarter-over-quarter, with EPS coming in better than expected at -$0.17 vs. -$0.21. Progress, but still deep in the red. When a company spends $214M to make $7M, the math doesn’t exactly scream stability. 3. Analysts Love It, The Market Isn’t Sure Analysts are calling it a “Strong Buy,” with a $21.22 price target—a potential upside of 134%. But with 24.59% of the float shorted, skeptics clearly have reservations. Some love the battery promise. Others see the losses, CFO departure, and volatility as too big to ignore. This stock is a battlefield between optimists and skeptics. Pick your side, but don’t forget the popcorn. 4. Malaysia Plant: The Big Hope Enovix’s Fab-2 in Malaysia is operational, producing EX-1M battery cells and prepping for mass production by 2025. Add a major smartphone OEM deal to the mix, and the future starts looking brighter. Scaling production is their golden ticket. But “mass production” often means “massive delays.” Keep watching. 5. Risks and Red Flags Leadership changes, high short interest, and the struggle to scale—Enovix has its challenges. They’re betting on their tech to win over skeptics, but nothing’s guaranteed in a high-risk, high-reward industry. If they pull it off, it’s a game-changer. If they don’t? Another tech name fades into obscurity. 6. Bottom Line: Worth the Risk? Enovix is speculative. Its tech has potential, but the road ahead is paved with volatility. For risk-tolerant investors, it’s a shot worth considering. For the cautious? Maybe wait until the story unfolds further. Disclaimer: “Investing is risky. Past performance is no guarantee of future results. Consult your financial advisor. Or don’t. Just don’t blame DCAChampion if things go south.