X-nyse
ARMIPO BASE
Companies making initial public offerings draw a lot of investor attention. That often results in unusual and brand-new chart patterns. Volatility can rise as investors size up demand for the new stock. Yet there are opportunities in these cases, if you can spot the correct characteristics amid the price-and-volume action.
The framework of a good IPO base is simple. The decline from peak to low usually doesn't top 20%, but the most volatile markets have produced declines of up to 50%. The length is often less than five weeks and can be as short as seven days. These two factors alone make IPO bases wayward cousins compared with proper bases, such as the cup with handle and flat base, which need at least five to seven weeks of work.
Nasdaq in complex correctionNASDAQ:IXIC
I think Nasdaq composite is in XX Wave right now. No one can predict this wave how long it will be what kind of structure will unfold in this structure.
Two Possibilities: -
1] It's in control range within main range. where price retest at resistance of control range.
So, maybe price will go near 13500/- for retest and then go up near 13800/-
After 13800/- price will go below 13000/- for completion of Wave Z.
2] Price will go straight from here to 13800 and then will go near 13000/- for completion of Wave Z.
Nikkei 225 is strong. Going for all time high.TVC:NI225
Nikkei 225 index is in range. Price was rebounding and reversing on support & resistance. recently price gone outside of value area tested strong support value area (Sky color) near 30700.
After testing 30700 market was on fire to inside big value area (Range). It's sign of buying in market.
Nikkei 225 MAYBE will go more upside near 32850 or 33000 and then reverse.
pullback is expected to emmplete soon in NIOThis is an elliott wave analysis.
A reasonable pullback had occurred.
we can start accumulate from here.
we can average further if it goes around $8 - $9.
With low risk and high reward.
i'm not a semi registered advisor.
I'm sharing my personal view.
Kindly post me comments if you people have any queries.
Your doubt will be cleared accordingly.
#elliottwave #NYSE , #sharemarket , #Nasdaq , # technical analysis
BAC Analysis(Bearish Flag and Pole Pattern)!Bank of America Corporation Analysis on Daily Timeframe!
Bearish Flag and Pole Pattern Formation in BAC
Flag Breakdown in BAC
Bank of America Corporation made Bearish Flag and Pole pattern. We can see the sharp fall in Bank of America Corporation after price made a flag and moving inside the flag. The price given a breakdown to the flag support and able to closed below it. I have marked important levels in chart which is Fib level 1.618 will be act as a possible support level(23.49). For the target I have projected the pole length from the flag breakout point so the downside target would be 19.39.
Trade Psychology and Setup =
Entry = One can enter after Retesting and Aggressive traders can initiate short at current level
Target = Projected Downside Target Will be 19.41
Stop Loss = Above 29.55
Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4)Don't trade with full capital
Dow Jones Industrial Index Technical Study TVC:DJI
Analysis After 9th Dec 2022 Closing
> Dow Theory wise - It was Making HH &HL but After Last day of closing, it seems like there will be no another HH Furthermore in Weekly TF it has made Evening Star pattern also. (Bearish)
> Wave Count wise - 5th Impulse wave is also finished, so probably corrective wave ABC might be possible for next week for DJI. (Bearish)
>Chart Pattern Wise - Head & Shoulder pattern is about to formed, confirmation after breakdown of neckline shown in chart. (Bearish)
Bearish Divergence is also there in MACD and RSI too.
Furthermore,
According to chart, just below neckline there is crucial red line, breakdown of that line red line is confirmation for all the above points.
Medium Term Target is end of 4th Impulse wave because of Depth off Correction Concept.
What if Analysis
Ignore this study, if on next trading day market opened with huge GAPUP and gone up.
Alibaba Group Holdings Ltd Hi Everyone
This is an forecast of Alibaba group Holdings we have completed wave 1 called M1 ( medium term forecast). Time frame for Medium term forecast is usually 2 to 4 weeks.
We are currently in wave M2 which is still progressing but almost in last stage. So price should move downward unless it brakes invalidation Level.
use our tradingview live links for the update in counts.
Thank You
Southern copper Corporation NYSE:SCCO
1)monthly chart.
2)Long term investment .
3)flag and pole .
4)last metal cycle gave return of 3279%
5)Very long consolidation period
6)BO and retest done.
7) Below 54 exit and wait for re-entry
8) long term target pole length
9)Reason - metal , shortage , EV will change demand once its rolled out fully.
10) Its just for learning purpose. do ur own analysis b4 investment.
Live Challenging NYSE Stock Market Analysis SGFY Buy @ 26.70Market Analysis
Live Challenging NYSE Stock Market Analysis SGFY Buy @ 26.70
Target @ 30.88
#sharemarket #SGFY #NYSE #Nse #stockmarket
Our Unique Features:
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1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best Wishes
Tradingwithtamil
Live Challenging NYSE Stock Market Analysis SOL Buy @ 9.15Market Analysis
Live Challenging NYSE Stock Market Analysis SOL Buy @ 9.15
Target @ 16.84
#sharemarket #sol #Nse #stockmarket #NYSE
Our Unique Features:
—————————————————————
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best Wishes
Tradingwithtamil