https://www.tradingview.com/x/FLCreahb/ HI,Traders ! GOLD is still trading in an upward direction in an ascending price channel and the price has hit a possible upper channel limit A correction to the lower channel limit that formed with horizontal support at 2789.06 a price cluster from which we expect an upward rebound to form a new peak ! Comment and subscribe to help us grow !
The Singapore market remains supported by strong financial sector earnings. We continue to favor property-related and transport stocks, which have more resilient earnings growth. Banking sector remains a stronghold, while industrial REITs and logistics-related stocks face pressures. Our Alpha Picks strategy focuses on selective, high-quality names with clear earnings visibility and defensive characteristics. Additions: PropNex (PROP SP) PropNex is expected to benefit from sustained property demand. Government cooling measures in 2024 have not significantly affected overall transaction volumes. Resilient earnings outlook for 2025. Potential for a special dividend to support share price momentum. ComfortDelGro (CD SP) Earnings are expected to recover in 2025 as transport demand normalizes. Government support and cost pass-through mechanisms provide earnings visibility. Diversification into overseas transport markets strengthens its earnings base.
I suspect that the gap needed to be filled. I did took risk bu trading against trend but hey isnt that what a trader do, Risk his money for freedom. #Godbless
Here is my trade plan for GOLD for today, If i see a new high this will get invalidated.
Trading Idea: TAO/USDT – Potential Breakout and Price Movements The TAO/USDT cryptocurrency pair shows a descending trend line, indicating a general downward trend. The current price level is 391.2. Historical data reveals key support and resistance zones, which can guide future trading decisions. **Chart Analysis:** 1. **Current Price:** TAO/USDT is trading at 391.2. 2. **Trend Line:** A descending trend line suggests a continuation of the downward movement. 3. **Support Levels:** Identified around 219.6. 4. **Resistance Levels:** Noted at 755.8. Projected Price Movements: - Short-Term: The price may experience a drop towards the support level at 219.6. This level has historically shown strong buying interest. - Mid-Term: After consolidating around the support level, the price may attempt to break above the descending trend line. - Long-Term: If the price successfully breaks the trend line, it could rise towards the resistance level at 755.8. Trading Strategy: 1. Entry Point: Consider entering a position around the support level at 219.6. 2. Stop-Loss: Set a stop-loss order slightly below the support level to minimize potential losses. 3. Take-Profit: Set a take-profit order near the resistance level at 755.8 to capitalize on the potential price rise. Risk Management: - Monitor the market closely for any significant changes in trend. - Adjust stop-loss and take-profit levels based on real-time market conditions. - Use proper position sizing to manage risk effectively. Conclusion: The TAO/USDT chart suggests a potential breakout scenario. We can take advantage of key support and resistance levels to develop a well-informed trading strategy. By carefully managing risk and monitoring market condition. NOTE: This is not a financial advice, this idea is just for learning process and just PREDICTION.
Speculative small play United States energy company focused on the exploration, development, and production of oil and natural gas with seemingly good financials. Almost a unicorn :) Certainly has good momentum over the last few months. Could be worth a watch. Buyer beware ;)
With new Tariffs in place, USD not doing all that great.. Gold has continued to be a "save" investment for many. explained on the chart, just have to wait for price action to make a move.
I get excited every time MSFT shows up on my screener, because it is literally THE #1 stock in my trading universe (over 2000 stocks) in terms of its risk-adjusted per day returns (.23% based on over 1000 real and backtested trades). I mean it's #1 all time and that return is even MJs number. That has to be a sign... Seriously, though, when it produces over 1000 trades without a single losing trade, averaging a 2% gain in 9 trading days, I trade it EVERY chance I get. For those who are new to my trading system, I'll provide a couple of comparisons. NASDAQ:AAPL (also undefeated) has produced a daily return of just over .14%/day over its 1300 trades and everyone's darling until last week, NASDAQ:NVDA (also undefeated), has produced an average return of around .11% per day spanning a little over 700 trades. Finally, the average return of the S&P 500 historically is just over .04% per day. Now my ranking system also includes factors like maximum drawdown, maximum capital allocation, number of trades (trading history) and some other factors. So among large/mega caps, that composite score puts MSFT at #1, AAPL at #25 and NVDA at #280 (penalized for a much shorter track record than the other two while also producing lower returns). So you see, MSFT is a standout among standouts, just like #23 the G.O.A.T. was. Right now, it is stuck in a trading range - and that's OK. Ranging stocks often provide the best results for me, given how I trade. That green lines also show some near-term support here. This is my second idea for MSFT, so if you want a taste of what to expect, check that first one out. In this market, I'll be happy with any win, though. Honestly, I'm happy with any win in any market. I'm not greedy. Now this win won't likely be a home run, that's not what I do. I like quick wins that I can harvest profits from and then put that money back to work in another high probability trade. They aren't all quick, this is the market after all, but that is the goal. It usually is, though. We are in a tough market, so I'm prepared for a more challenging route to profitability than normal. Per my usual strategy, I'll add to my position at the close on any day it still rates as a “buy” and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
Bitcoin is on the most desirable buy levels long term as apart from only being neutral on its 1D technical outlook (RSI = 47.257, MACD = 281.800, ADX = 29.399) it just validated today the enormous buying zone that was waiting on the 1D MA100. This is a level that has worked as a buy entry over and over again these 2 years of the Bull Cycle. The last time it did was exactly a year ago on January 22nd 2024. The result was a +90% rally. If this gets repeated again the exact same way, then a new ATH at 170,000 is more than plausible.
We can't be the only ones who actually made money overnight from Friday to Monday in this market? This was the only daytrade held ? NASDAQ:NVDA NASDAQ:TSLA wake up into -5% Woke up into +25% with NASDAQ:CYCN and continued to +55% from $4 to $6.25+