One can design steups for trading based on the 5 day EMA. The 5 day EMA> 21 day EMA > 30 day SMA and ? Look at this chart and create your rules. I may look for bounces up off of the rising 5DEMA. See these daily charts of QQQ and DELL.
The GMI remains GREEN and is at 5 (of 6).
click ↑ 4 Featured When we sell covered calls or cash-secured puts, we access option-chains to determine the value of the premiums we are selling. This article will highlight the factors that determine these prices and compare them to the prices generated by option pricing models like the Black-Scholes Pricing Model. Factors that determine option…
$QQQ was floating well above its rising 4 wk average (red dotted line) last week. That is a sign of being extended. This week it has returned to this important line of support. We have to see if it will close the week above this line. If it fails to, the next line of support…
January 21, 2025January 21, 2025 Deloitte India projects India’s GDP to grow at 6.5-6.8% in FY25, emphasising the need for the country to adapt to global changes and leverage domestic strengths for sustainable growth. Despite challenges, India is advancing in global value chains, with increased electronics, machinery, and equipment…
Indian benchmark indices rebounded on Monday, breaking their recent losing streak amid strong gains in financial and energy stocks, with additional support from pharma and healthcare shares. The Nifty ended its two-day decline to close at 25,682.75, up 211.65 points or 0.83%, while the 30-share BSE Sensex recovered from a three-session slide to settle at…
Tuesday’s Big Runners: Tuesday was another fantastic session for the options ideas we included in the day’s premarket report. We had a selection of four possibilities lined up for our readers, and all four of them returned chances at doubling your money or better. It’s always nice when we can sweep the board with nothing but multi-baggers,…
The current article aims to highlight the critical aspects of the business of tea-producing companies, tea estates etc. After reading this article, an investor would understand the factors that impact the business of tea producers and the characteristics that differentiate a fundamentally strong tea company from a weak one. First, let us understand some key…