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LIOC.N00001. Key Technical Observations: Price Breakout: The stock has broken above a critical resistance level at 122 LKR (DR). This breakout indicates strong bullish momentum in the short term. Trendline Resistance: The stock is currently testing the descending trendline resistance (black diagonal line). A clear breakout above this trendline with volume confirmation could trigger a move toward higher levels. Support and Resistance Levels: Immediate Resistance: 124.50 LKR (current level) – needs a daily close above this zone to confirm a continuation of the uptrend. Support Levels: 117.75 LKR (DM): Acts as immediate support. 115.75 LKR (DS): A fallback support zone. 111 LKR (WM): A key weekly support zone. 2. Indicators: RSI (Relative Strength Index): RSI is at 74.14, indicating that the stock is overbought. This suggests the possibility of a short-term pullback or consolidation. MACD (Moving Average Convergence Divergence): The MACD line has crossed above the signal line with increasing green histogram bars, signaling a bullish crossover and momentum. 3. Volume and Sentiment: The breakout above 122 LKR occurred with significant volume, signaling strong buyer interest and bullish sentiment. Volume confirmation is crucial for validating further upward moves. 4. Potential Targets: If the stock breaks above the current 124.50 resistance and the descending trendline, the next potential targets are: 130 - 135 LKR Zone (based on previous highs). Followed by higher levels depending on momentum. Failure to sustain above 124.50 could see the price retesting supports at 117.75 LKR or 111 LKR.
CSELK:LIOC.N0000Long
by rukshan2102
Inverse Head & Shoulder Tutorial An inverse head and shoulders pattern is the opposite of the head and shoulders pattern and signals a potential bullish reversal from a downtrend to an uptrend. Here's a breakdown of its key components: Left Shoulder: The price falls to a trough and then rises back to a resistance level. Head: The price falls again to a lower trough and then rises back to the same resistance level. Right Shoulder: The price falls again but only to the level of the first trough, then rises once more. The pattern gets its name because it resembles an upside-down head with shoulders on either side. The neckline is the resistance level connecting the highest points of each peak. Types of Inverse Head and Shoulders Patterns Inverse Head and Shoulders Bottom: This pattern signals a potential reversal from a bearish trend to a bullish trend. How to Trade It Breakout Confirmation: The pattern is confirmed when the price breaks above the neckline in an inverse head and shoulders bottom. Entry Point: Traders often enter a long position when the neckline is broken in an inverse head and shoulders bottom.
NYSE:SQEducation
by RonnieV29
6
Short | LW NYSE:LW Technical Analysis of Lamb Weston Holdings, Inc. (LW) Key Observations: Current Price Action: Price: $82.24 Recent Drop: -0.44 (-0.53%) Bearish Line: $81.94 Support and Resistance Levels: Immediate Support: $79.78 (Target Price 1) Further Support: $76.45 (Target Price 2) Resistance: The price recently stalled around $83.18, signaling a short-term ceiling. Trendlines: The price sharply broke above a previous resistance level around $79.78, but now shows signs of consolidation below $83. A minor pullback to test lower supports ($79.78 and $76.45) is possible. Relative Strength Index (RSI): Current RSI: ~70 (Overbought Zone). The RSI shows the stock is overbought, which could lead to a short-term correction. Target Prices: Target Price 1: $79.78 A key immediate support level that aligns with previous resistance. Target Price 2: $76.45 A further downside target where multiple moving averages converge, acting as strong support. Summary: Lamb Weston Holdings, Inc. (LW) has shown strong upward momentum but is now consolidating near resistance at $83.18. With the RSI in the overbought zone, a pullback is likely toward $79.78 (Target 1) and potentially $76.45 (Target 2). A close below the bearish line ($81.94) could confirm further downside movement.
NYSE:LWShort
by shkspr
AVGO Perfect Set Up ### 🎯 **How I Found This NASDAQ:AVGO Trade** 🎯 Combining the power of **technical analysis**, **darkpool insights**, and **fundamental strength** led me to a strong setup for **Broadcom Inc. ( NASDAQ:AVGO )**. Here’s a breakdown of the setup: --- ### **1. Technical Indicators: Reversal Signal 📉** - I identified a **reversal signal** using key technical indicators. - **What I Looked For**: - A significant move **off the lows**, signaling potential buying pressure. - Price action reclaiming key support levels or crossing above the **200-day SMA** (simple moving average). - A confluence of reversal indicators (e.g., candlestick patterns, RSI bouncing off oversold levels, or momentum turning positive). ✅ **Why It Matters**: The reversal signal highlights the transition from a bearish to bullish sentiment, which often attracts short-covering and fresh buying interest. --- ### **2. Darkpool Breakout 💰** - **Darkpool Levels**: These are large institutional trades that happen off-exchange, often hidden from retail traders. - In NASDAQ:AVGO ’s case, I noticed a **key breakout** on the chart where a large **Darkpool Premium** surfaced. - **Premium**: $43,109,872.9+ 💰 (or a similar significant institutional trade). - **Breakout Confirmation**: Price surged through the **Darkpool Level**, signaling **strong institutional buying**. ✅ **Why It Matters**: Darkpool breakouts indicate **smart money** positioning for a potential move higher. When combined with bullish technicals, these levels act as **hidden support or resistance**, offering high-probability setups. --- ### **3. Fundamentals 📊** Strong fundamentals validated the trade further, as NASDAQ:AVGO demonstrated impressive financial performance: - **Revenue Growth**: **43.99%** 🚀 - Indicates strong top-line expansion, reflecting robust demand and business growth. - **Free Cash Flow Margin**: **31.64%** 💵 - A high free cash flow margin reflects the company’s ability to generate substantial cash from operations, supporting reinvestment and shareholder value. - **X-Value**: **40.22** - Combines financial metrics (like growth and margin) into a comprehensive score that highlights the company’s overall efficiency and performance. ✅ **Why It Matters**: Combining **strong growth** and **cash flow generation** with favorable technicals increases the probability of sustained upward price momentum. --- ### **Conclusion: Why This Trade Works** 🎯 This trade setup for NASDAQ:AVGO is a classic example of **confluence**: - **Technical Reversal** aligns with institutional activity (Darkpool). - **Darkpool Breakout** confirms the interest of **smart money** at critical levels. - **Fundamentals** provide the **foundation** for a long-term bullish outlook. By layering **technical signals**, **darkpool insights**, and **financial data**, I found a high-probability setup that aligns short-term momentum with long-term growth potential. --- ### **What To Watch For Next:** - Continuation above **key resistance levels**. - Sustained volume and price action around Darkpool levels. - Monitoring macro factors and earnings to validate future growth. --- **This setup highlights the power of combining multiple strategies for confident decision-making. 🚀📈** #Trading #Darkpool #AVGO #TechnicalAnalysis #SmartMoney #Fundamentals #StockMarket
NASDAQ:AVGO
by punit0529
1
Tesla's Bullish Outlook: A Closer LookBeyond its electric vehicles, Tesla is at the forefront of AI research and development. Its self-driving technology, Autopilot, and Full Self-Driving (FSD) capabilities are prime examples of this. These advancements have the potential to revolutionize transportation and significantly impact other industries. The Impact of SoftBank's Investment SoftBank's significant investment in US AI infrastructure further solidifies the growing importance of AI and its potential to drive economic growth. This investment could indirectly benefit Tesla, as it might lead to increased demand for AI-powered solutions and accelerate the development of AI technologies.   Kathy Wood's Bold Prediction Cathy Wood's optimistic forecast for Tesla's future is based on the company's strong fundamentals, innovative products, and disruptive potential. While her prediction is ambitious, it's not entirely unrealistic, given Tesla's track record of exceeding expectations. Technical Analysis and the $700 Target The monthly chart you're referring to provides a long-term perspective on Tesla's price trajectory. While technical analysis can be a valuable tool, it's important to remember that it's not a crystal ball. Market conditions, economic factors, and unforeseen events can all influence stock prices. Cautious Optimism While Tesla's future looks promising, it's crucial to approach investing with a balanced perspective. While the company's long-term potential is significant, short-term market volatility and unforeseen challenges can impact its stock price. Before making any investment decisions, it's advisable to conduct thorough research or consult with a financial advisor. Consider factors such as the company's financial performance, competitive landscape, and overall market conditions. Remember, past performance is not indicative of future results. While Tesla has a strong track record, it's essential to approach investing with realistic expectations and a long-term perspective.
NASDAQ:TSLALong
by ParabolicP
1
TSLA-SELL strategy weekly chart It is not for the fainthearted trading this share currently, however, it is good to place things in perspective. Pre- US-election the share was trading around $ 250 and today we are after market $ 472 per share, which represents a move of 88% of the value before the election. For sure, the leader of the pack, is bright and a visionary and has achieved incredible things, and more so, it has shaped the EV space. Now coming down to earth, technically we are way overbought from short- to long-term, and technically trading way above KC and extremely wide BB as well. So, the choice is yours. Strategy SELL @ $ 460-480 and take profit at $ 390 for now.
NASDAQ:TSLAShort
by peterbokma
Is Nvidia really going to play out this H&S?I hate formation trading. I love a H&S on RSI, but on the price chart - they're just so obvious that I can convince myself they "must" play out, which has hurt me in the past. With that said, this one is pretty nice. Sure... you'd prefer the right shoulder to be lower than the left, but I think that's just being picky. So then...IS Nvidia REALLY going to play out this 25% total H&S dump while the rest of the tech sector makes new ATHs day after day? I THINK SO, YEA As TQQQ made new ATHs today, NVIDIA continued with the girthy red candle party and officially broke the most optimistic bull's daily neckline, and so gun to my head I'd say yes, the H&S measured move to $120-$115 is where the smart money is. First sign NDQ pulls back and NVIDIA is going to the dump. With that said, I love to make small counter trades of my own expectations to try to keep my head honest. So while I am currently big account short, I have a speculative scalp long based on the following bullish hopium: As you can see, the .382 fib got front run, which I ALWAYS consider bullish until proven otherwise. I would expect a retest of the .382. premarket tomorrow, and bounce or not will decide vector. Nvidia also respected the daily 200ema, which is the last line of hope on any chart I markup. The weekly 20ema is being respected thus far, which is often the line in the sand in bull markets. You also have hourly and 4 hour oversold bullish divergence on RSI. Oh and finally... rising rides and all... No healthy charts are red right now. Scalp long entry is 130.5, SL is an hourly close below the .382 fib which is 129.6, TP is .618 138.6🤙 Current short calls for entry at 129.5 once .382 confirms failed, then enjoy a complete local retrace to $115🤙
NASDAQ:NVDA
by mattluczejko
1
CLSK could end 2024 at 17-20 dollars (NFA)Hello Tradingview people! Before i explain my idea... I just want to make it clear this is an idea and nothing more! If NASDAQ:CLSK doesn't do this specific pattern I'm showcasing, then don't come crying to me (Do your own research before investing) Anyway, As you can see on the chart I'm showcasing for y'all, this pattern has worked multiple times in the past and is even known to be the CLSK "bottoming pattern" for the most part. Again this is an idea and nothing more, but if this does play out i could personally see CLSK being at 17-20 dollars EOY (maybe) and 2025 Q3-Q4 30-50 dollars . NFA DYOR <<<------- What do you all think? Comment down below without being rude (ty) UPVOTE if you like the idea of course.
NASDAQ:CLSKLong
by RandomTAdude
4
AEM - Head & Shoulder PatternAEM is possibly forming a Head & Shoulder pattern. Price action is currently under a rising parallel channel that breaks downwards and price eventually breaks parallel channel. If price breaks the parallel channel and $74, it will complete Head & Shoulder pattern. Once Head & Shoulder pattern is formed, stock price fall is either $ price or percentage difference between Head and neckline. In this case, the projected price fall after completion of Head & Shoulder is likely to be between: - 63.17 if price drops by 14.50% - 60.98 if price drops by $12.90 Price is probable to fall by $12.90 to 60.98 because it coincides with: - Fib retracement level of 0.618 which is a golden ratio - strong weekly support zone around 61.31 - gap fill is at 59.65
NYSE:AEM
by I_M_Shoaib