NASDAQ PREDICTION BY ISMAEL BHAI KE PATTHEYThis is what is gonna happen. Dont ask me Stop Loss cause hum nahi jaante ye sab kon hai.
No seriously im just a degenerate gambler. okbye.
BAC : Booking profitsBooked profit of about 19.28% on the invested capital.
I do realize that there is a potential for a move of about 9% to the next key inflection levels. But considering the overall valuation of the US market and the high interest rate environment and the possibility for a recession to hit the US economy in the near future, I do expect a sell-off. So decided to cut some position and maintain some cash positions.
For that reason I closed the position in this stock.
Will consider a re-entry if price falls back to the low of the channel line.
XOMNYSE:XOM
My Recent Trade
*expecting XOM to GO UP
*head and shoulders pattern
*expecting/target 4% -5% upside
* Swing Trade
Disclaimer:
* its only my analysis ,am just back testing my strategy *
* am not any registered advisor/expert *
* its not a buy/sell call*
PG : Going longFundamentals
Pros
Very consistent free cash flow.
Revenue is increasing YOY.
There is good enough institutional interest in the stock.
This is a mega cap company.
They are a dividend king.
Hardly any short interest in the company.
They have 3 times of their net debt as free cash flow. This is a good sign in times of recession.
Cons
There is a lot of competition from even the big players in this sector.
PG was sold by Berkshire Hathaway to increase his cash pile. Not completely. But a considerable portion.
Technicals
In a favorable position as per technicals to take an entry for about 1.25% of the capital. Will be targeting the highs for a profit of about 14.8% of the total capital.
Will consider adding onto the position if price crashes to 138 levels, which is around the lower trendline of a long term parallel channel.
Previous posts related to the same stock is attached underneath. Do check that out.
YINASDAQ:YI
Very Very RISKY Trade
am expecting this stock to take 3rd support in that trend line
expecting a small up/ small retracement enough for me to close this trade
Disclaimer:
* its only my analysis ,am just back testing my strategy *
* am not any registered advisor/expert *
* its not a buy/sell call*
Accenture - Long Monthly ChartsHey Guys Some NRI Friends have asked for Analysis for stocks in the US Market.
Investment Idea 1 - Long Accenture on Monthly Basis
Stock Taking Support Multiple Times around $244.
Good Range to Buy
25% of Investible Capital around 260 Levels
25% of Investible Capital Around 240-244
50% of Investible Capital at 225-226.
Hold Period 6-8 Months for Target 1 - 300 & Target 2 - 345
Fifth Third Bancorp Monthly LongTake entry above $27 has made a fresh monthly demand zone. Near Breaking it out for Targets 36 & 44
SL 22
Adobe - Go Long MonthlyFresh Demand Zone Created in Monthly Charts.
Can Go Long at current Prices
Targets - 480/535/630 ( 8 Months Basis )
SL is 347.
Should do good..
Do your own research though this is not a recommendation to buy/sell just a viewpoint
CSCONASDAQ:CSCO
expecting CSCO to go UP
CSCO in its 3rd resistance level ,i hope this time it will break the Resistance
if it fails to breakout (upside), it will come down to take some support, also it have some more support level at 48-49 USD
purple line
Disclaimer:
* its only my analysis ,am just back testing my strategy *
* am not any registered advisor/expert *
* its not a buy/sell call*
BABA bullish above 80if sustains 80 on daily closing basis, BABA is bullish and will head towards 88/92/96+
Bristol-Myers Squibb CompanyBristol-Myers Squibb Company buying opportunity.
* according to 1 day candlestick chart or Technical indicator standard pivot point Price prediction or possibility.
1. Price consolidated pivot on few days.
2. Today Price reversal uptrend with good
Relative Volume.
3. pivot point is a good support.
4. price sustain upper leval chance to
breakout .
5 . Risk reward ratio is good.
STOP LOSS ( PIVOT POINT)
TARGET :- RESISTANCE 2 ,3,4
According to trellinng your stop loss
* my personal view right time to entry. Thanks
Possible local top for NVDANVDA meeting 1.272 fibonacci retracement , and a clear bearish divergence on the OBV , might mean a local top or at least expected consolidation. Buyers advised caution.
LXEOIn an IPO base, the pattern typically starts within 25 days of the stock's first day of trading. Know the important similarities with regular bases. For example, the buy point is drawn by taking the prior high. The price gain on the breakout should be strong.
NMRAIn an IPO base, the pattern typically starts within 25 days of the stock's first day of trading. Know the important similarities with regular bases. For example, the buy point is drawn by taking the prior high. The price gain on the breakout should be strong.
GM breakout Target 36.75There is a breakout after a retest and consolidation .time to buy gm and book profts at 36.75 with a stop loss at 35.50.
NOTE:- this is only for educational purpose
Microsoft fallMicrosoft looks like has formed a ascending wedge and has gone up recently following the santa rally but will eventually fall
Long $NFLXOne of the most powerful patterns in the making - The Cup n Handle.
This is confirmed if prices stay above 482-85 range for 30 mins.
Pattern targets are 100 points higher
Long Tesla for target of 325 to 350Tesla is getting ready for a move and currently forming flag and pole pattern on weekly charts. In case it breaks out of this pattern on upper side then targets on weekly charts are
T1 - 300
T2 - 325
T3 - 350
Stop loss 190 on closing basis (weekly)
Happy Trading !
$TESLA BULLISH FLAG PATTERN50% Upside Expected in $TESLA
*Breaking Long Term Trendline With Bullish Flag Pattern Breakout After Consolidation.
