$OSCR - OSCAR HEALTH, INC. (Long position review)

It was an inside day, as we still digest the recent base breakout leg and current extension from the 50dma. (6.53x) I'm not ready to add to my core yet; I feel more sideway or pullback is needed.

Bull mkt getting narrowr ovr past few wks
green line in chart below (source:Dheeraj Sharma ) = No. of stocks abv 50dma

we cn see declining no of stocks abv 50dma wth each upswing (less participatn)
As a breakout trader, I wud like to see more stocks setting up & firing higher

What you don't really want to be doing, is buying the stocks which pullback into the void ( $WFRD ). My own studies has proven, that the outcome on these are highly random.

$110 might look like a support level here, but i think the 50dma played a bigger role in that bounce.

$TSLA - TESLA, INC. (LONG setup)

After identifying the $CARZ theme trade idea, I found TSLA interesting for a swing out of today's inside range. We are now trading above the 21/50dma, with the 21 above the 50. We digested the recent earnings run in the past two weeks and are now

Unichem Laboratories Q4 Results Live loss rise by 192.12% YOY
#UNICHEMLAB | CMP INR 555 | 19.9% above 200DMA | -9.9% below 52 Week High | Stock in 🔥Uptrend (CMP>50DMA>200DMA)
livemint.com/companies/comp…

For live corporate announcements, visit : wealthgame.ai

$DXY, 1D

daily fair value gap filled
200dma support
0.618 bounce
currently, 50dma rejection
#xta

What is an 'alpha' in a portfolio? Why is it important?
#ANANDRATHI | CMP INR 4,082 | 54.2% above 200DMA | -3.9% below 52 Week High | Stock in 🔥Uptrend (CMP>50DMA>200DMA)
economictimes.indiatimes.com/markets/expert…

For live corporate announcements, visit : wealthgame.ai

Sun Pharma, Vedanta among 5 stocks with short buildup
#VEDL | CMP INR 465 | 70.4% above 200DMA | -8.3% below 52 Week High | Stock in 🔥Uptrend (CMP>50DMA>200DMA)
economictimes.indiatimes.com/markets/stocks…

For live corporate announcements, visit : wealthgame.ai

$ROOT squatted on earnings, and has since then found support on the rising 50dma twice, building higher lows.

$ETH quite simply needs to close above the 50dma here. Above, a continuation makes the EoY setup look wonderful. Below, a third rejection at the moving average and resistance makes a nuke all but inevitable.

I'm in favor of the longs, for now.

Adani Enterprises may throw out Wipro from Sensex next month
#ADANIENT | CMP INR 3,336 | 20.0% above 200DMA | -0.4% below 52 Week High | Stock in 🔥Uptrend (CMP>50DMA>200DMA)
economictimes.indiatimes.com/markets/stocks…

For live corporate announcements, visit : wealthgame.ai

/BTC ( #Bitcoin )

Tight range/handle between 69.4/70.8k as we digest the recent WB setup breakout. If we can’t hold that range, a 67.9k retest is possible. The 21dma is about to cross back above the 50dma, and overall, I like what I see here.

$TSLA setting up a little pivot down here, while the 50dma flattens.

The last time the stock bumped from it's monthly 50dma, it went up a whopping 104% in one month!
#uranium $UUUU
Let's go! Shorty will help..

Share price of Varun Beverages falls as Sensex gains 790.32 points
#VBL | CMP INR 1,503 | 28.8% above 200DMA | -3.8% below 52 Week High | Stock in 🔥Uptrend (CMP>50DMA>200DMA)
economictimes.indiatimes.com/markets/stocks…

For live corporate announcements, visit : wealthgame.ai

$CCL is trading above 50DMA and 200DMA. A breakout from the wedge inside the ascending triangle could see the stock revisiting $19 area.

Targets:
$17
$19

Overhead resistance:
$17 to $17.50

Risk:
$14.50

$BIDU Daily Chart looking interesting 👀

- Large Call flow coming in
- Breakout and retest with support
- 50DMA Support could be stepping in today
- Potential 3:1 risk to reward trade with stop at 101 and TP at 116

Could wait a day or two for it to form out a bit better!

What

#Precam

1) unable to sustained the 50DMA - 213-230
2) As market favor the downward - precam start trying to find his double bottom.
3) the volume profile is strong two zone as 150 and 175.
4) I dont believe Precam will try to find his next volume profile - 145. some where he

Such a disgustingly clean test of the 50dma on $SOL, in the week where 2 Fed cuts got priced in to the back end of the year.

Stuff like this marries up.

$AMD 50DMA HARD, but it's a matter of time before a breakout.