jyoti cnc is breakout from resistance. and rejected at previous high. the current breakout is good breakout with high volume, look for retest and enter. only education purpose only.
XRP price broke out of the flags descending channel hitting a high of 2.72 . This high coincides with the 0.786 fib resistance level as well as the supply zone between 2.55 - 2.6490. I'm expecting bears to push the price back down to the 50% level at 2.1 from here before triggering the long entry to 3.5 .
A low circulating supply (under a billion)! A fixed supply: no minting, burning, mining. Simple! and the best part about it, it's truly decentralized. Merry Wifmas!
Kadant ( KAI ) has maintained a clear upward trend, characterized by higher highs and higher lows. Throughout its bullish phase, the stock experienced periodic pullbacks between 20% and 30%. https://www.tradingview.com/x/h09RYHlQ/ After recently hitting its all-time highs, the stock is currently undergoing a retracement, approaching potential support zones. Bullish Scenario The first potential support levels are close to the current price: SUP 1 around $304 POC 1 around $320 Another possible support zone is POC 2 near $280, which could provide a significant base if the price continues to drop. https://www.tradingview.com/x/CkjRDeTQ/ Bearish Scenario For a bearish outlook, key levels to monitor include: A breakdown below POC 1 ($320) A trendline break (green line) A breach of POC 2 ($280), indicating a potential continuation of the downtrend. https://www.tradingview.com/x/MrmMZ1LX/
Ripple is in strong and impulsive rise after we spotted a bullish break out of a larger weekly bullish triangle pattern. It's actually already at 2.9 area and there can be easily space up to 3.3 all-time highs area. Looking at the 4-hour time frame, we saw a nice extension higher within wave (3), so after current wave (4) correction that can be completed as a nice and clean A-B-C flag pattern with textbook support from 2021 highs, be aware of another push to the upside for (5). Just in case if Ripple stay sideways for a longer period of time, then we might even consider a bullish triangle pattern in wave (4), but sooner or later we can expect further rally within wave (5) towards all-time highs area. Why XRP Is higher? The reason for this push higher on ripple, which has been outperforming in the last few weeks, is the upcoming launch of Ripple USD (RLUSD). Ripple USD (RLUSD) is a new stablecoin aimed at bridging blockchain and traditional finance. "Designed for enterprise use, RLUSD focuses on stability, efficiency, and transparency, enhancing Ripple’s cross-border payments and meeting the demand for USD transactions".
Buyers in the Dow Jones are likely frustrated given the recent gains in other stock indices, and as sellers are aggressively challenging the bullish uptrend, with the index nearly erasing all gains of its 5% rally off the November 19 low. As the price approaches a prior consolidation zone between 43,319 and 43,557, a reaction is likely, potentially forming a bottom and pushing higher as the December Santa rally begins. We maintain a bullish bias above 43,111, the November 20 low. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Mazdock stock is trading at Resistance. wait for breakout or fallback from the resistance. only for education purpose only.
Based on the M30 chart analysis, we can see that the price is falling to our buy entry at 1.0488, which is a pullback support that aligns with the 78.6% Fibo retracement. Our take profit will be at 1.0521, a pullback resistance. The stop loss will be placed at 1.0465, which is a pullback support level.
50% drop in play if that rising support line fails... #nvda #nvidia #recession
This could be setting up for a nice long term hold with yearly dividends of 6% It is hated and ignored stock; it has had two huge volume downside weeks without much price progression to downside. It is a tell that it is being accumulated.