Falling Wedge Pattern
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Options Corner: NKE Finding Footing Ahead of Earnings
Youtube· 2025-12-18 15:01
Time now for Options Corner. Joining us to take a deeper look at the chart is Rick Dukat, lead market technician. All right, Rick, let's go through this chart.What do you notice for Nike. >> Yes, good morning, Diane. Certainly not the easiest year for this uh athletic apparel company.Uh but the turnaround efforts are definitely what we'll be looking for more insight on as we approach this earnings event here. If we were to just jump right into our chart though, starting out with our one-year chart, we can s ...
Hedera Price Prediction: Falling Wedge Pattern Hints 150% Upside Amid $44M HBAR ETF Inflows
Yahoo Finance· 2025-11-02 11:18
Core Insights - Hedera (HBAR) has experienced a 13% loss in October and a further 3% dip to $0.19 on November 2, but is benefiting from $44 million in ETF inflows as institutional investors show a bullish outlook on its enterprise solutions [1][3] - The Canary HBAR ETF, approved for trading on October 28, saw HBAR price peak at $0.21 before retracing to a range of $0.19 to $0.20, indicating typical "sell-the-news" trading behavior [2][3] - Institutional preference is evident as HBAR ETF attracted significantly higher inflows compared to Litecoin's ETF, which only recorded $719,970 in inflows [4][3] Company Strategy and Market Position - Hedera adopts an "enterprise-first" approach, focusing on high demands and compliance needs of large organizations, and has established partnerships with entities like the U.S. Department of Defense and Qatar Financial Centre [5] - Despite recent price dips, Hedera's market capitalization stands at $8 billion, surpassing Litecoin's $7.8 billion, making it the 19th largest cryptocurrency [6] Price Forecast and Technical Analysis - A falling wedge pattern on the HBAR/USDT daily chart suggests a potential breakout with a target price of $0.50, indicating a possible 150% upside if resistance at $0.21 is breached [7]
Options Corner: TXN Earnings Trade Example
Youtube· 2025-10-21 13:30
Core Insights - Texas Instruments (TXN) has underperformed in the semiconductor sector, with a decline of approximately 8.2% this year, while the semiconductor ETF (SMH) has increased by about 37% [1][2] - TXN focuses on stable, reliable chips for industrial and automotive markets, differentiating it from high-end computer chip companies like Nvidia and Intel [2][3] Market Trends - The semiconductor sector shows varied performance, indicating that not all companies are equally positioned within the industry [3] - A falling wedge pattern has been observed in TXN's price action since reaching highs near 221, with key support levels identified between 172 and 175 [3][4] Technical Analysis - The price has recently bounced back to the middle of the trading range, with resistance noted around 187 and a significant trading area near 185 [4][6] - The RSI is nearing a bullish crossover, which could indicate a shift in momentum [5][6] Trading Strategy - An example trade strategy involves buying a call option at the 180 strike price and selling a call option at the 190 strike price, creating a bullish $10 wide call diagonal [9][10] - The trade anticipates a rebound, with a break-even point above 182, which is slightly over 1% above the current share price [12][13] - The strategy leverages implied volatility differences, with the October 31st weekly 180 call at 59% and the October 24th 190 call at 82% [10][12]
MSTR Key Levels & Options as Company Builds Bitcoin Treasury
Youtube· 2025-09-29 20:30
Core Insights - Strategy's shares have increased by approximately 5% following a recent at-the-money offering, raising $128.1 million and acquiring 196 Bitcoin for about $22.1 million at an average price of $113,048 per Bitcoin [1] - As of September 28th, the company holds around 640 Bitcoin with an average purchase price of $73,983 [1][6] - The company has demonstrated significant long-term growth, with a 2300% gain from a low point of 1326 to its current level [4] Company Performance - Strategy has outperformed other companies in the crypto sector, such as Coinbase, Riot, and Marathon, over a three-year period [5] - The company's Bitcoin holdings are valued at approximately $69.5 billion, although critics argue that these gains are not liquid and could lead to market instability if cashed out [5][6] Technical Analysis - The current chart indicates a bullish pattern, with a falling wedge shape suggesting potential for a breakout [8] - Key resistance levels are identified at 358 and 400, with significant trading activity around the 330 level [9][10] - The expected price movement for October 17th is projected to be ±12.6% within 18 days, indicating potential volatility [12] Options Activity - A total of 383,000 options were traded, with two-thirds being calls, although current activity is below the five-day moving average [13] - Notable trades included large positions in October 3rd calls with a total debit of $24.7 million, indicating significant short-term trading interest [14][15]
Everything to Know For COTI Mainnet Upgrade Tomorrow: Can COTI Price Bounce Back to $0.1?
Yahoo Finance· 2025-09-16 21:52
Core Insights - COTI Network is set to undergo a mainnet upgrade on September 17, 2025, which aims to refine the protocol and potentially increase the COTI price to $0.1 [1][2] - The upgrade is a precursor to a hard fork scheduled for October, with version 1.1.4 introducing fixes and stability improvements [2][3] - COTI V2 is designed for privacy-focused transactions, enhancing security and resilience ahead of the upcoming fork [3] Market Analysis - COTI is currently trading at approximately $0.053, reflecting a 5% increase for the day, with a market capitalization of $125.5 million and a 24-hour trading volume of about $13.1 million [4] - The price has shown an intraday range between $0.0496 and $0.0534, with technical indicators indicating that COTI is trading below its 30-day and 200-day simple moving averages [4][5] - Analysts are observing a potential breakout from a falling wedge pattern, which could signal an upward price movement [6]
X @Market Spotter
Market Spotter· 2025-04-04 09:33
🔥 #MUBARAK 4H CHART! 🔥THE FALLING WEDGE PATTERN HAS BEEN BROKEN, SIGNALING A POTENTIAL REVERSAL! 🚀WITH A BULLISH DIVERGENCE ON RSI, WE COULD SEE A STRONG MOVE TOWARDS THE $0.12-$0.15 RESISTANCE ZONE! 📈WHAT’S YOUR TARGET? LET ME KNOW BELOW! https://t.co/Jv00WEv7aG ...
X @Market Spotter
Market Spotter· 2025-02-07 16:30
#QI has formed a falling wedge pattern on the daily timeframe🧐A successful bounce from the support zone and break above the wedge could trigger a bullish move towards $0,025Are you holding #QI? https://t.co/w2OLNkoqKU ...