Gaming’s ever-shrinking winter doldrums are almost over. In the quiet before the February release storm, we’re spending the three-day Martin Luther King, Jr. holiday weekend getting cozy with some older games and one new one.Read more...
If the US were to establish a national crypto reserve that includes altcoins, CRYPTOCAP:DOGE should definitely be considered. Why? Because Musk is a strong advocate, and he won’t disappoint his billionaire buddy. It’s as simple as that. If CRYPTOCAP:DOGE makes it onto the list, expect a massive pump!
I chose to present the chart as log scale to show more clearly the sub-waves of the white impulse count. Without that the impulsive structure of the waves wouldn´t be easy to see. My main scenario is that Adidas will become cheaper in the foreseeable future as market price broke the structure indicated by going below the white "IV". Also, the current uptrend on the weekly doesn´t look bullish at all as it is lacking impulsive price behaviour. The indicators also suggest that the stock topped a while ago and we can see a bearish cross on the MACD and different kinds of divergences on the RSI. My alternative suggests that the wave V is not finished. (light blue count) However, I do not like the deep retracement for the wave 4 in that case and that is why it only my alternative.
Been studying the charts over the past few weeks, it went into a fall past weeks. Guess time for recovery now...
01.17.2025 / NASDAQ:HOOD Fundamentals. Positive analytics and target price increase from Morgan Stanley. Technical analysis. Daily chart: Exit upward on increased volume from a two-month price range. Premarket: Gap Up on moderate volume. Premarket high 48.00 stopped the upward movement. Trading session: The first attempt to breakout the 48.00 level after tightening to the level was unsuccessful, then the price made a significant pullback, but then continued to tighten and froze into a very narrow range under the level in the period 11:30 a.m. - 11:50 a.m. In case of a breakout, we are considering a long trade to continue the upward movement. Trading scenario: #breakout (#squeeze) of the 48.00 level Entry: 48.06 aggressive entry into the breakout. Stop: 47.89 hide behind the range below the level and behind the round number 47.90. Exit: Close part of the position around 49.04 after the second unsuccessful attempt to breakout the level of 49.20. Close the remaining part of the position at a price of 48.95 when the structure of the uptrend is broken. Risk Rewards: 1/5 P.S. In order to understand the idea behind the Stock Of The Day analysis, read the following information .
Royal Caribbean Cruises Ltd. (RCL) is one of the world’s largest cruise lines, offering unforgettable travel experiences across stunning destinations. Known for its innovative ships, Royal Caribbean combines luxury, entertainment, and adventure for travelers seeking memorable vacations. The company’s key services include cruises, onboard activities, dining, and excursions, making it a leader in the travel and leisure industry. Royal Caribbean’s growth is fueled by increasing demand for travel, fleet expansions, and a focus on sustainable cruising. On the stock chart, RCL recently displayed a confirmation bar with rising volume, pushing the price into the momentum zone. This indicates strong investor interest and potential upward movement.
Today, we took 3 trades, A profitable and 2 in loss. I will share the 3 of them so I share with you the other side of trading with only few people show which is losses. Our trade on OIL went as expected, but the other one on NASDAQ and GOLD didn't go as planned which left me and my clients with couple $ up. And that's normal since we're still in profit on the weekly and monthly basis. Follow for more!
Description: Unlock the potential of Ethereum (ETH) trading with this comprehensive guide focused on fundamental analysis and risk management. Ethereum, the second-largest cryptocurrency by market cap, is a powerhouse in the blockchain space, driving innovation through smart contracts, decentralized applications (dApps), and the rapidly growing DeFi ecosystem. Understanding its fundamentals is crucial for making informed trading decisions. Ethereum's value is heavily influenced by its network upgrades, such as the transition to Ethereum 2.0, which aims to improve scalability, security, and energy efficiency. Additionally, the increasing adoption of ETH in institutional investments and its role as a backbone for NFTs and Web3 technologies further solidify its long-term potential. However, crypto markets are highly volatile, and ETH is no exception. Price fluctuations can be driven by macroeconomic factors, regulatory developments, and market sentiment. Disclaimer : Crypto trading involves significant risk, including the potential loss of capital. The information provided here is for educational purposes only and should not be considered financial advice. Always conduct your own research and consult with a professional before making any trading decisions. Trade responsibly and only invest what you can afford to lose. By combining a deep understanding of Ethereum's fundamentals with disciplined risk management, you can navigate the crypto markets more effectively and position yourself for long-term success.
As discussed throughout my yesterday's and Today's commentary. I have engaged Selling order at 2723 and my optimal Target was 2790-92 Support in extension as i closed my first attempt at 2705. Also i have closed my re-Sell order ($2707-2709) on a fine 80 pips at 2701.
Based on the very top chart for short-term swing trading, we are close for a possible pull back in the next few days. Normally it only stays "overbought" for a few days. Meanwhile the rest of the charts are showing positive Market Breadth. Keeping an eye on the 50-day chart. Having the 50-day back above the 50% line will get Smart Money interested in getting involved more.