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- 🧪 How to Get PERFECT Take Profit Levels
🧪 How to Get PERFECT Take Profit Levels
Plus: DOGE sinks
Good Morning!
Markets got a shake-up? You bet. Powell’s cautious tone is sending shockwaves through the S&P 500. Meanwhile, Meta’s wallet is $843M lighter thanks to the EU. Crypto? Bitcoin’s rally cooled off hard, and Dogecoin took a dive. Over in commodities and forex, gold is still on the chopping block and the Yen’s surprise GDP growth is rattling FX desks.
But I’m not done. If you’re ready to up your trading game, check out my latest Short on perfecting take profit levels. Trust me, it’s a game-changer.
Let’s get into it 👇
🌡 TradingLab’s Headline Roundup
What's Your Favourite Topic? |
Stock Markets
15th November, 2024
S&P 500 falls as Powell signals careful rate-cut path ahead
Powell's speech, US futures, Chinese data - what's moving markets
EU Fines Meta $843M For Tying Marketplace to Facebook, Harming Competitors
1 AI Stock May Be Worth More Than Apple, Microsoft, Amazon, and Tesla Combined
Crypto
Bitcoin Prices Cool as Post-Election Rally Sputters, Dogecoin Drops 20%
Bitcoin will not fall to $60K with no ‘threats in the near-term’ — Michael Saylor
Commodities/Forex
Japanese Yen Falls Through ¥156 to Dollar on GDP Data Showing Surprise Growth
Gold Selloff Continues as Trump Agenda Wipes Out Demand for Haven Trade
RYSE and Shine: Don’t Sleep On This Smart Home Company
Ring 一 Acquired by Amazon for $1.2B.
Nest 一 Acquired by Google for $3.2B.
Smart home companies have seen some spectacular exits, yielding massive returns for early investors, yet one category in this burgeoning industry has eluded adoption - Smart Shades. High prices and complex installation procedures have prevented the mass adoption of smart shades despite their benefits, and one company is set to change that.
RYSE is the tech firm poised to dominate this category (growing at an astonishing 55% annually), and their public offering of shares priced at just $1.75 has opened. Existing shareholders have seen their shares grow by over 20X, and their products have just launched in over 100 Best Buy stores.
Retail distribution was the main driver behind the acquisitions of both Ring and
Nest, and RYSE’s exclusive deal with Best Buy resembles that which led Ring and Nest to their billion-dollar buyouts.
📈 How to Get PERFECT Take Profit Levels
Tired of second-guessing your take profit levels?
In my latest Short, I show you exactly how to pinpoint those perfect exits every time. No fluff. No guessing.
Here’s the quick rundown:
Start by jumping on TradingView and grabbing the Fibonacci tool. I’ll walk you through setting it up just right.
Then, it’s all about watching for a liquidity sweep, catching a clean break of structure to the upside, and finding that juicy fair value gap entry.
Once you’re in, grab your Fibonacci again, mark from the sweep to the high that broke structure, and boom—my red zone is your go-to profit target.
Bonus points if it lines up with a confluence like the higher timeframe highs I cover in the video.
Stop loss? Covered. Take profit? Perfect. No more guessing when the price is about to nosedive.
Check out the video here and sharpen your edge! 👇
This Stock is Up 220% and Primed for the Next Breakout
Bank of America analysts predict gold will hit $3,000 by 2025 — and this hidden gold stock is set to benefit.
With gold's post-election dip, now could be a good opportunity to consider adding to your portfolio. Savvy investors understand the value of holding gold and gold stocks.
This stock has made impressive gains in recent years, and with insiders continuing to buy, it's one to keep on your watchlist.
P.S. The last gold stock we highlighted in this newsletter saw a strong rally, climbing over 60% just days after our feature. Be sure to keep this one on your watchlist!
Disclaimer: This advertisement is paid content created on behalf of Four Nines Gold Inc. It contains forward-looking statements, which are based on the current beliefs and expectations of Four Nines Gold's management team. These statements involve inherent risks, uncertainties, and other factors that may cause actual results or events to differ significantly from those anticipated. This is not financial advice; we encourage you to conduct your own due diligence. For more details, please refer to SEDAR+ or full disclaimer: https://shorturl.at/cvDsf
Stay ahead, stay informed, and most importantly, stay profitable.
‘til next time,
TradingLab