Posts

SOXL ETF: Navigating Short-Term Volatility in Semiconductor Markets

Image
SOXL: DIREXION DAILY SEMICONDUCTOR BULL 3X ETF has entered the Bullish zone three days ago, indicating an ongoing uptrend. However, it is currently entering a corrective phase marked by limited short-term gains and fluctuations. A brief correction period of approximately three days is expected. Following this, a strong upward trend is likely to resume, potentially starting either this Friday or early next week. Nevertheless, as the uptrend progresses into next week, creating new peaks, the daily price movements are anticipated to become increasingly limited and temporary. By mid-October, the daily price trend is expected to enter the Bearish zone, characterized by significant and sharp declines, as the amplitude of both upward and downward movements widens. Oct 10, 2023 ◆ Closed price 20.05 3.46%     ◆ Appropriate Investment Position: Bullish-Buy [Long-term strategy] ◆ Today's stock price Buy-Sell intensity analysis The current trend appears to be 'Entering a correction trend

Analyzing GME Weekly Trends Based on Buy/Sell Order Flow Intensity: Insights and Predictions

Image
This analysis is based on the buy/sell order flow intensity of GME, predicting the weekly trend. In the first week of October, on October 2nd, GME's weekly closing price experienced a significant decrease of -8.38% compared to the previous week. It entered the Bearish zone for the 13th consecutive week, showing a cumulative decline of -34.3% in this zone. There was a rebound trend observed until three weeks ago, but currently, a downtrend is in progress. However, starting from the second week of October (October 9th), GME is expected to form a short-term low point and enter a rebound trend. According to the current analysis system, the anticipated duration of this upcoming rebound period is approximately five weeks. Considering the weekly index trends, it is likely to be a relatively short-lived rebound, lasting around 2 to 3 weeks, before transitioning back into a downtrend. This transition is expected to occur around the week of October 16th to October 23rd, which marks a crucial

Popular Posts

SMTC. Investors should take note of the bearish trend in SMTC stock, currently in a 'Sell and Observe' phase for the long-term strategy.

= Pretiming Premium =

SOXL. Navigating the Bearish Zone: Strategies for Short-Term Trading in a Volatile Market.

DowJones. The current analysis suggests that the Dow Jones index is in a bearish trend, recommending a strategy of selling and observing for long-term investment.

AAPL. The weekly trend for AAPL appears to be in a bearish zone, with a downward trajectory underway. However, there are indications of a short-term entry into a rebound trend.

NASDAQ. Navigating Market Dynamics: Analyzing Bearish Trends and Strategic Rebound Approaches

MARA. The current trend appears to be 'Downtrend and The trend is progressing in the Bearish zone. The characteristics of the trend are: Continuous decline (standby) - (High selling pressure).

NASDAQ. The current analysis suggests that the NASDAQ index is currently in a bearish trend, with a recommendation to sell and observe.

S&P500. Comprehensive Analysis and Strategies for S&P 500 Investment.

LABU. Short-Term Strategy : Timing Selling and Buying Amidst Bearish Trends