TRX is currently outperforming the market average, moving within a sideways range. The trading strategy used is Channel Trading, buying and selling based on support and resistance levels. The Bollinger Bands indicator is applied, as it is well-suited for sideways market conditions. Entry Buy: Around the support level at 7.36767 THB Stop Loss: If the price drops below 7.11519 THB Take Profit Target: At the resistance level of 8.47857 THB If the price breaks above this resistance, the trend may shift from sideways to bullish.
Exxaro (EXX) is a BEE coal company with interests in iron and heavy minerals. It has operations in Australia, America, and Europe and is a provider of coal to Eskom's Medupi power station. The company has been working to increase coal production from 48 million tons to about 60 million tons by 2022, but this strategy might be reconsidered due to lower global demand for coal. Exxaro is a highly cash-generative operation that is usually profitable, depending on the price of coal. While demand for coal has been strong both locally and in the export market, the shift toward renewable energy is seen as a long-term threat to the business. The difficulty of obtaining funding for new coal-fired power stations is growing, as banks face pressure from environmental groups. On 9th April 2021, the company announced that it had sold its interest in Exxaro Coal Central (Pty) Ltd and the Leeuwpan Coal Mine operation. The Ukraine conflict initially had a beneficial impact on Exxaro due to rising commodity prices, but that effect has now disappeared. The company announced that, with lower coal prices, it was no longer viable to transport coal to port by truck, a measure it had been forced to take due to inefficiencies in South Africa’s rail and port systems. In its results for the year to 31st December 2024, the company reported revenue up 5% and headline earnings per share (HEPS) down 36%. The company said, "In line with our production guidance, overall coal production volumes, excluding buy-ins, reduced by 7% to 39.5Mt in FY24, from 42.3Mt in FY23. The decrease in production volumes was largely driven by lower Eskom demand at Grootegeluk mine. Belfast mine production improved by 21% to 3.5Mt in FY24 compared to 2.9Mt in FY23, after operating for the full year." Exxaro remains a commodity play. Technically, the share is volatile but has been in a volatile upward trend since November 2015. Within that, it has been moving sideways and downwards since April 2022.
? Key Features Works best on 15-min charts during New York / London / Asia opens Handles AUD/USD, Crude Oil, and XRP with high success due to volatility and structure Shows midline, buy/sell entries, and false breakout warnings Easily customizable for other instruments and sessions
MARI is most probably in wave C or 3 which will be clarified will volume, as 3rd waves have the highest volume in general. We already have an active trade in this which I missed out to publish earlier but I'm doing my best to post it now. If either wave C or 3 count is correct then we are heading up but as I've taught we should always have an alternate wave count and in this case the best alternate count is a wave B correction. Wave B corrections can take any corrective pattern shapes therefore are very hard to pin point its wave count until it is completed, however the direction is still same but targets will get squeezed if its a B wave. Also the volume will not be as much of an impulse wave. Let see how this plays, Good Luck ! Disclaimer: The information presented in this wave analysis is intended solely for educational and informational purposes. It does not constitute financial or trading advice, nor should it be interpreted as a recommendation to buy or sell any securities.
The price is rising towards the pivot which has been identified as a pullback resistance and could drop to the pullback support. Pivot: 0.5722 1st Support: 0.5677 1st Resistance: 0.5750 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ADvTECH (ADH) is one of three listed commercial educational companies on the JSE (the others are Curro and its separately listed sister company, Stadio). ADvTECH has two divisions - a schools division (including Crawford, Trinity House, and Abbots) and a tertiary division (including Varsity College, Rosebank College, and a variety of specialist tertiary offerings). The group includes 109 schools and thirty-three campuses with 78,500 students. In the past, the company was supported mainly by its schools division, but in the last few years, the schools division has faced increasing competition, which has squeezed margins. At the same time, the tertiary division has become the company's primary source of profits. The company's acquisition of Monash College with its IIE campus in the West Rand has added 6,500 students in a state-of-the-art facility that includes laboratories, four residences, and sports facilities. In its results for the six months to 30th June 2024, the company reported revenue up 9% and headline earnings per share (HEPS) up 16%. Total group enrollments were up 6%. The company said, "Group operating profit increased by 15% to R865 million (2023: R754 million) with the education division’s operating profit increasing by 16%. Resourcing’s operating profit increased by 3%, notwithstanding the decline in revenue. The group operating margin improved to 20.2% (2023: 19.2%). The operating margin in the education divisions improved to 23.5% (2023: 22.8%)." In a trading statement for the year to 31st December 2024, the company estimated that HEPS would increase by between 13% and 18%. Technically, the share has been in a strong upward trend since the end of May 2020. It is now on a multiple (P:E) of 16.92, and we think it still has upside potential. In our view, this is a solid, blue-chip company with good medium-term prospects, and it is relatively cheap. Any significant improvement in the South African economy will benefit this company directly, and it will benefit directly from the newly appointed GNU. Traditionally, parents have always been willing to make significant sacrifices to pay for their children's education, which makes this share very defensive in times of low growth. On 1st October 2024, the company announced that it had acquired FNB's 47,000 square meter training and conference center in Sandton. On 21st November 2024, the company announced that it had acquired an Ethiopian school group for $7.5m.
This chart shows the past year in a one hour time frame. I show the current and past year trend lines for Bitcoin.
? Welcome to TradeCityPro! Let's dive into the Bitcoin analysis and other key crypto indices. Today, I'm bringing you the analysis earlier than usual and will be looking at the triggers for both the London and New York sessions. ⚡️ Yesterday, one of our triggers was activated but unfortunately hit the stop loss. However, we have another trigger today, so let's go ahead and analyze it. ⏳ 1-Hour Timeframe In the 1-hour timeframe, as you can see, yesterday's trigger at 81466 was activated and you could have opened a position with it. I personally opened a position on Ethereum, and my position is near the stop loss. Bitcoin was supported at the 80105 area and has moved back above 81466. ? The market volume has significantly decreased in bullish candles, indicating that this upward movement might just be a deep correction because if the 81466 area was going to break definitively, we would have seen significant buying momentum and volume enter the market, but that didn't happen and this upward movement is accompanied by severe trend weakness. ? Currently, for a short position, with the break of 80105, you can open a position. This area is one where the price reacted yesterday after significant bearish momentum, so it's a suitable demand zone and breaking this area could see the price move towards the target of 77598. ? For long positions, the main trigger remains 83979, and breaking this area could bring significant momentum and volume into the market. Potential targets for a long position are 86440 and 91558. ? BTC.D Analysis Let's move on to the analysis of Bitcoin dominance. Yesterday, dominance continued to decline, dropping to 61.53 but is currently forming green candles and moving upwards slightly. ? There hasn't been much structure created yet, and we can't give a trigger for the dominance to turn bullish yet, but breaking the 61.53 area could initiate the next bearish leg. https://www.tradingview.com/x/3zgtFMZ0/ ? Total2 Analysis Moving on to the analysis of Total2, yesterday's Total2 trigger was not activated and the same triggers we have for altcoins are still suitable. The reason for this is that Bitcoin's dominance was bearish, which led to Bitcoin dropping more than altcoins, and the short trigger for it was activated, but Total2 remains above this area. ✔️ For a short position, you can enter if the break below 984 occurs, and for long positions, breaking 1.01 would be suitable. https://www.tradingview.com/x/WbHr82kV/ ? USDT.D Analysis Finally, let's look at the analysis of Tether dominance. As you can see, yesterday its trigger was activated, and a fake break occurred. ? However, as you can see, after the 5.49 area was faked, the price was rejected with a green candle, and it reacted to this area, so I still keep the USDT.D resistance area at 5.49 and will wait to see how dominance reacts to different areas. ? The bearish confirmation of Tether dominance is clear, and with a break of 5.33, we can confirm it. For the dominance to turn bullish, the area is still 5.49, but wait until the price shows a reaction to this area to fine-tune your main trigger. https://www.tradingview.com/x/m2Pxcojo/ ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
SMCI Daily Chart Analysis & Prediction (March 14, 2025) 1. Key Observations from the Chart: • Recent Bounce Off Support: SMCI has rebounded from a key support level around $30.30 and is attempting to hold above its ascending channel. • Major Support & Resistance Levels Identified: • Resistance Levels: • $39.84 – Immediate resistance; must break for upside movement. • $45.29 – Strong resistance; previous rejection area. • $48.98 - $63.05 – Major resistance zone; unlikely to be tested tomorrow unless a major rally occurs. • Support Levels: • $39.08 – Currently being tested; a break below could push SMCI lower. • $30.30 – Major long-term support if $39 fails. ⸻ 2. Trend Analysis & Chart Patterns • Short-Term Uptrend Still Intact: SMCI is trading in a rising channel, but a breakdown could lead to a test of lower levels. • Moving Averages Acting as Resistance: The 200-day EMA around $40.32 is acting as a key resistance zone. ⸻ 3. Indicator Analysis Stochastic RSI (Middle Panel - Momentum Indicator) • Currently near neutral levels (~47.78), suggesting room for movement in either direction. • No confirmed bullish crossover yet, meaning upside momentum is still weak. MACD (Bottom Panel - Trend & Momentum) • Bearish MACD Cross Confirmed: • MACD histogram is slightly negative, signaling weak selling momentum. • A bullish crossover could indicate a shift in trend.