$1.5B exchanged hands on it today, biggest stock of the day We actually took a loss on this trade wanting too much from the vertical, aiming for $8 - $10, instead exited at pre-planned stop loss then made double more on next two trades which were NASDAQ:VRME and NASDAQ:NITO
From the provided chart, it appears that we are analyzing Bitcoin (BTC/USDT) using harmonic or geometric patterns. Here's a breakdown of what the chart suggests: Key Observations: Triangle Pattern: The chart highlights a symmetrical triangle formation, which typically signifies consolidation before a breakout. The price is nearing the apex of the triangle, suggesting a decisive move could be imminent. Harmonic Pattern: The A-B-C-D points indicate a potential harmonic pattern, often used to identify reversal zones. The "D" point suggests a possible completion of the pattern, indicating a potential reversal or continuation. Key Levels: Resistance is clearly at the upper boundary of the triangle (around $100,000). Support is at the lower boundary of the triangle (around $90,000). Volume Analysis: Typically, volume decreases during consolidation (inside the triangle) and spikes on a breakout. Yellow Horizontal Line: This seems to represent a significant support level ($88,000 - $90,000 range). Trading Analysis: Bullish Scenario: If BTC breaks above the triangle's upper boundary with strong volume, it could test the $100,000 resistance and move higher. The harmonic pattern's completion at "D" may signal a reversal upward. Bearish Scenario: If BTC fails to hold above the lower boundary ($90,000), it could retest the next major support at $88,000 or lower. Neutral Stance: Until a breakout or breakdown occurs, the triangle suggests the market remains in consolidation. Traders might avoid entering large positions until confirmation. Strategy: Entry Points: Buy on a breakout above $100,000 with a stop-loss below $97,000. Short if it breaks below $90,000 with a stop-loss above $92,000. Risk Management: Consider tight stops to avoid getting caught in false breakouts. Confirmation: Wait for a daily candle close outside the triangle for confirmation of direction.
The 2024 performance of health care stocks lagged behind due to investor preference for higher-growth technology sectors. This underperformance has created more favorable valuations, setting the stage for a potentially stronger outlook in 2025. Key drivers for the health care sector include: 1. Innovation Advances in biotechnology are producing cutting-edge treatments, particularly in specialty drugs. Leading companies, such as Alnylam Pharmaceuticals and argenx SE, are developing innovative therapies for rare diseases and autoimmune disorders. Specialty drugs, which account for over half of pharmaceutical sales, are experiencing significant growth. 2. Policy Environment A possible shift in the U.S. administration could reduce regulatory uncertainty. Managed-care providers may benefit from Medicare Advantage policy adjustments, fostering a more stable operating environment. 3. Attractive Valuations After 2024's underperformance, the sector offers lower valuation entry points. Long-term demographic trends, such as the aging population in the U.S., are expected to sustain growth and demand in health care services and innovations. Conclusion: While near-term challenges persist, the combination of groundbreaking innovations, potential policy shifts, and compelling valuations positions the health care sector as an attractive opportunity for investors in 2025 and beyond.
Carvana has seen boom, bust and now boom, bust? But what is drives the market's views on Carvana? I think one answer is rates. Rates seem to have a very strong inverse and leading effect on Carvana stock price. What do you think? Disclaimer: The ideas I post are my opinions and not recommendation or advice. They are intended for discussion purposes only.
Higher lows since the 10th of December. The last session produced a clear reversal signal in the form of DragonFly Doji. This candlestick based signal is confirmed by the current session turning full green. Additional bullish support comes from the fact that the recent drop was minimal and accompanied by no volume. Little bearish pressure. I told you that XRP traders are very smart and they are not likely to sell knowing what is coming to this market. Knowing the massive potential they are likely to hold all the way up. And this is shown by the price action on this chart. Bitcoin was shaken. The market as well as some whales were taking profits. This produced very little negative effect on XRPUSDT. Since XRP moved first and remains strong and ready to continue growing, we know the market will do the same. This is just one more confirmation; we are bullish now, the market is bullish now, XRP is ready to grow. Look for higher and higher prices for months to come. Thank you for reading and for your continued support. You can choose to follow if you want to see, hear and feel more. Namaste.
A Bear Flag has formed and it seems that it will soon be broken to the downside. A correction to the gray resistance zone will be an opportunity for short trades. This view is supported by: Lack of bullish RSI divergence on the December low Bearish RSI divergence on the January High Impulsive move to the downside on the last couple of days.
For me XAGUSD is gonna go deep because is at a very significant zone if you use the Daily TF to check And it will surely react to that and also it moves just like good , so is a short for me
Moving Average Channel (20 High and 20 Low): The price is currently trading between the 20 High (red line) and 20 Low (white line), suggesting a squeeze or consolidation phase. A breakout above or below this channel could indicate the next directional move. Current Bias: The price has tested the lower end of the channel (near $609), showing buyers stepping in to defend this level. The price is attempting to push back toward the 20 High (red line) but faces resistance there, which aligns with the bearish momentum from earlier candles. Trading Scenarios Based on the Channel: 1. Bullish Scenario (Break Above the 20 High): If the price breaks and closes above the 20 High (red line), it may signal a bullish move. Target: $620 (short-term resistance) or higher, depending on the momentum. Volume confirmation is key for a sustained move upward. 2. Bearish Scenario (Rejection at the 20 High): If the price fails to break above the 20 High, expect a possible test of the 20 Low (white line) or lower. A breakdown below the 20 Low could open the door for further downside, targeting $603 or beyond. 3. Range Scenario (Between 20 High and 20 Low): The price may continue to trade within the channel until a clear breakout or breakdown occurs. In this case, you could use the 20 High as dynamic resistance and 20 Low as dynamic support for range-bound trades. Additional Notes: Breakout vs. False Breakout: Watch for a clean breakout (candle closing above/below the 20 High/Low) instead of a wick. Momentum Check: Look for volume to confirm the validity of moves outside the channel. Dynamic Trend: Since the 20 High and Low are dynamic, adjustments may be needed as new candles form.
Now that the lower support level has been tested and holds, after a 2-days long flash flush; we are ready, the market is ready, Bitcoin is ready to move up. Since the last advanced reached $102,000, the next advance can reach higher; why? Because the bearish action lasted only two days while the bullish action lasted 18 days. This means that the bearish action is a correction of the bullish action. A correction move is a move countertrend. A down-move being countertrend means that the trend is up. And since the trend is up, the next move is a higher high compared to the last high because that's how trends work; higher highs and higher lows. Thanks a lot for your continued support. Namaste.
?? The first Bitcoin chart of the year brings us a sharp dip right after a fake-out near $102,150. Despite the volatility, Bitcoin remains within a well-defined ascending channel that has held since November 11. ? Key Levels to Watch: 1️⃣ $93,311 – Channel support (current bounce area). 2️⃣ $102,150 – Immediate resistance. ? The Setup: The dip may present a buying opportunity as long as Bitcoin stays within the channel. A move back toward the midline or upper channel boundary seems likely if the structure holds. ⚠️ Market Context: Recent dip caused by macroeconomic fears: Fed policy, inflation concerns, and geopolitical noise. The channel’s structure suggests continuation, barring unexpected breakdowns. ? Stick to the trend: Buying dips near support levels has been the winning strategy within this channel so far! ? Do you see this as a solid buy opportunity, or are you waiting for confirmation? Share your thoughts below! One Love, The FXPROFESSOR ?