MSFT Volume Profile price prediction. At has not failed in the past so why would it fail now
We've made it out the resistance/support zone that we've been observing for the last couple of days. I think we will be rejected hard and go form new lows.
Suggests that we could see a quick move to the upside. The fractal overlay, refit, looks right from a timing perspective. The 39.56 area is the next upside fib target, so I will be looking for a breach to determine whether to re-strike this level on a retrace.
Okay, no Technical Analysis here. No bullish view-point. No buy-zones. Just had a look at the Dec 2024 report, because I saw they were up-side down on total debt to assets. Its actually worse than it first appears. For every dollar that they owe to creditors over the next 12 months, they have 36.2 cents available. That is a current ratio of 0.362, anything less than 1 (a current ratio below 1 means there is less than 100% coverage of debts coming due over the next year) is a major red-flag about a Companies ability to pay its bills in the short-term. I'm sure there are worse examples, but this is the worst I have seen when reading reports. P.S. The executives are still receiving millions in performance bonuses. This stock has been an almost unmitigated wealth destroyer for everyone involved (I never bought, but have been closely watching for a couple of years now). Everyone exept the execs and the bankers that launched this SPAC. How will they survive? I don't know possibly; - Delta may bail them out to maintain their VIP customer-base (plausible), - They may find USD 600m+ from an outside major investor (doubtful), - They may issue USD 600m worth of stock at a discount to financiers - this is not only doubtful (who would accept a stock that is down 98.85% since IPO as security on anything) but would be ruinous for existing shareholder's share in the remaining equity (the equity is actually NEGATIVE 202 million!). This is very concerning. This will be causing stress among the operational staff. Do not buy this stock, do not lend them money if you expect to get paid back, if you give them money consider it a charitable contribution. This is not my opinion, it is there in their report for you to read. I have no involvement with the Company and don't have an "axe to grind." This situation is truly unfortunate and I wish the staff well at this difficult time, I certainly hope it does not mean that the wider private aviation industry is in difficulty.
Gold has hit an all-time high Just buy and don't even think about selling
XAU/USD is currently trading within a descending channel, showing a clear downtrend. The price has been respecting the channel boundaries, and we are now approaching the upper limit of this channel. The upper boundary of the channel is near the 3000 level, which is often considered a psychological resistance zone by many traders. This level is significant because it tends to attract market reactions, either causing the price to reverse or break through. If the price tests this level and shows signs of resistance, a potential reversal may be expected, with the downtrend continuing. However, if the price breaks above 3000, it could signal a shift in momentum and lead to further upside movement. Key Points to Monitor: • 3000 level as psychological resistance. • Watch for signs of rejection or a breakout above this level. • Closely observe price action for potential entry points based on the reaction to this level.
? ? ? Market-Moving News ?: ??⚠️ Potential U.S. Government Shutdown ⚠️: The United States faces a potential government shutdown on March 14 if lawmakers fail to agree on the 2025 budget. This impasse could lead to the closure of government agencies and furloughs of federal employees, impacting various sectors and potentially affecting market sentiment. ? Key Data Releases ?: ? Friday, March 14: ? University of Michigan Consumer Sentiment Index (10:00 AM ET) ?:This index measures consumer confidence regarding personal finances, business conditions, and purchasing power, providing insights into consumer sentiment. Forecast: 64.0 Previous: 64.7 ?️ Baker Hughes Rig Count (1:00 PM ET) ?️:This report provides the number of active drilling rigs in the U.S., offering insights into the oil and gas industry's health. Previous: 592 ⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult with a professional financial advisor before making investment decisions.⚠️ ? #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
Gold is trading within an ascending channel on the 3H timeframe. Price has reached the upper boundary, signaling a potential reversal. ? Sell Entry: Around 2,989 ? Take Profit 1: 2,950 ? Take Profit 2: 2,920 ? Stop Loss: 3,024 Price may first test 2,950 before continuing its drop to 2,920. A break above 3,024 will invalidate this setup. ? Follow for more gold trading signals! ? #XAUUSD #GoldTrading
I'm selling WTI contracts today, a few technical reasons, and generally trading with the current momentum. Stop will trail. Lets see how we go!
1-hour chart, the stock EGX:ARCC is trading in a channel, between support level at 22.4 and resistance level at 24.0 The technical indicators RSI, Stochastic are signalling a positive direction towards the upper line R. Closing above 24.0 for 3 hours with high volume, the next target (TP - Take Profit) will be 25.6 (Fibonacci extension to 26.6) Consider a stop loss below 22.2