Strong Performance: Shake Shack NYSE:SHAK , a growing restaurant chain, ended 2023 on a high note with successful sales strategies and margin expansion. CEO Randy Garutti highlighted the opening of 41 new U.S. restaurants and 44 international locations, including in Thailand and the Bahamas. Despite inflationary pressures, same-store sales saw a 2.8%...
NASDAQ is the strongest index in comparison to S&P500 and Dow Jones. If the price wants to move lower, it should stay below the inversion, if it happens then we can target the previous week's low and sell-side liquidity, but if the price breaks the inversion we will see the new all-time high again. 💡Wait for the update! 🗓️27/05/2024 🔎 DYOR 💌It is my honor to...
Hello Traders and Investors, today I will take a look at AMD . -------- Explanation of my video analysis: The stock chart of Advanced Micro Devices (AMD) is looking quite interesting at the moment: A couple of months ago AMD broke out of a major symmetrical triangle formation, creating another rally of roughly +100%. But at the moment AMD also already...
Hello Traders and Investors, today I will take a look at Nvidia . -------- Explanation of my video analysis: If you are objectively looking at the stock chart of Nvidia, you can see that Nvidia is currently trading in a solid rising channel formation. But as we are speaking, Nvidia is retesting the upper resistance and considering that we just saw a rally of...
we could see another rebound in 2nd half of this year due to easing inflation rate. july is uncertain.
looking for a bounce around here. first target around 35.500
I always use a 200-period EMA and RSI with a 200-period. An RSI above 50 indicates bullish strength in the EMA. Let's analyze Bombay Burma (NSE: BBTC) shares. Based on the chart and the April 25, 2024, closing price of 1578.90 , the best buy is below 1553 . The stop loss is set at 1321.60 , with a probable target of 2107.00 . This setup offers a risk-reward...
Supermicro is an American company, a major manufacturer of motherboards, cases, power supplies, cooling systems, SAS controllers, Ethernet and InfiniBand. The company specializes in the production of x86-server platforms and various components for servers, workstations and data storage systems. The headquarters is located in San Jose, USA. Founded in...
It’s hard to believe that only a few short years ago, Super Micro stock was trading for $10 per share. Now that it’s hovering near the $1,000 area. And Yes, SMCI stocks are still Top #1 over the all S&P500 components with +217% YTD performance in 2024, and +471% 12-months performance. Supermicro is an American company, a major manufacturer of motherboards,...
Well, my previous idea for a higher degree wave 4 got busted! Market is not ready to be bearish just yet. On Friday we got a breakout from the trendline resistance and retest. Next week we should expect a move upwards toward the next resistance at 5402. However, it seems like Market is poised to run towards the 1.236 fib extension of waves AB which is also around...
Consider a compelling swing trade opportunity in Aavas Financiers , a leading housing finance company in India. Reasons are listed below : Bullish Marubozu Candle on Weekly Timeframe : Aavas Financiers shows a strong bullish candlestick pattern, indicating robust buying pressure and potential upward momentum. Engulfing 22 Weekly Candles : The stock's bullish...
Market Disruption: Oscar Health NYSE:OSCR is at the forefront of revolutionizing the health insurance industry through technological innovation, significantly enhancing market reach and member experience. Expansion Plans: In 2024, Oscar Health aims to introduce new technology-enabled plans across 165 new counties spanning 11 states. These initiatives prioritize...
Inflation is finally cooling off as inflation gradually loosened its grip on Wall Street and the economy in 2023, raising hopes for a gentler Federal Reserve and further gains for the market in 2024. Stocks rallied to their best 9-weeks stripe over the past 20 years in November and December, 2023 (so-called 'Santa Rally') as investors raised their bets that the...
There are many ways to make money with stocks. You can buy well-managed companies with growing earnings, hold them for years and watch the stock prices rise as the company succeeds. This conservative investing style sometimes rewards investors with huge long-term gains. For example, early investors in Microsoft or Bitcoin saw their investments grow MultiX in a...
Is Tencent Stock a Buy Now? Tencent posted its third quarter earnings report on Nov. 16. The Chinese tech giant's revenue fell 2% year over year to 140.1 billion yuan ($19.8 billion), which represented its second consecutive quarter of declining revenue since its IPO in 2004. Its net profit rose 1% to 39.9 billion yuan ($5.6 billion). On an adjusted basis, which...
The strong close last week indicates a shift in control to the buyers. They managed to close above the previous week’s high, establishing a weekly higher low and confirming the daily uptrend. Currently, the bulls have control across all key timeframes: the price is trending upward on the hourly, daily, weekly, and monthly charts. The only challenge they face is on...
Nifty 50 is currently trading within a Channel. This analysis suggests a short-term or swing trade approach. As the market is currently trending downward, consider using Trend Continuation technic and Fibonacci Retracement for your trading strategy.
JKH is consolidating in golden pocket now. It should close above golden pocket to keep bullish momentum.In next few months, Next support will be around 0.5 fib level and resistance will be 0.718 Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or...