Bottom reversal, change in direction. Hidden divergence present on chart/stochastic. May drop to trendline before reaching the resistance level 2.00 Oversold on the Monthly chart.
Bullish Cup & Handle formation. Buy position above resistance line. TP - 75.00 Level
Sugar bouncing on the strong resistance level, pretty much oversold. Also, Brazil as the second major sugar exporter is beginning only now to suffer the real covid-19 pandemic, although Europe and USA are starting to open economies Brazil is shutting down yet. The winter time is starting there now, creating a disconection between the center and the outside of the country.
US Core Retail Sales m/m and Retail Sales m/m worst then expected.
WIX to present QEarnings report at 14 May Before market open. MACD shows sign, slingshot signed two entries Positive earnings expected, yet the market is very volatile, allready some bearish sentiment filling in. Markets very volatile, we may see trend turns. TP1 . 175.00 TP2 . 180.00 SL . 162.00
VLO showing some bullish divergence The stock had surprising Q1 earnings Possible bounce on the triangle trendline and up Energy stock performing well under covid-19 lockdown IMPORTANT the markets are still testing un-lockdown The stock is creating a bearish triangle medium-term TP1 - 66.50 TP2 - 79.00 if breakup SL - 60.00
Still holding my Short idea from April, for the moment. Will probably test the triangle trend line. After that let's see if it breaks above or under. Very important, China, Google, Facebook, etc... are about to launch digital coins, let's see how Bitcoin will react to that, will probably set the trend, late 2020 maybe, 2021 begining, i don't know...
GWPH to provide QEarnings 11 May AMClose Expected good results for the quarter and EPS. The stock is bouncing on the 110 resistance level. May drop to the trend line during trading time tomorrow 11 and pass the level on tuesday pre-market, or is possible that the resistance is break tomorrow during trading hours. TP1 - 120 TP2 - 130 SL - 95
AMD bouncing on the traingle trendline. Slingshot allready signed buy position. Will make a retest on the top 57.50 Level. Bullish long term for tech companies. Possible triangle break during the next week.
USDMXN Triangle formation over the past April with undefined direction. Triangle formation break this week, the chart made allready a test to the 23.800 level, now resistance. We will see probably a drop to the 22.800 (fib 0.382). TP1 - 22.800 (fib 0.382) TP2 - 22.000 (fib 0.500) TP3 - 21.150 (fib 0.618) Small SL and big TP Trade safe, cheers
EURUSD Bullish Divergence forming. At 3pm GMT ECB President Lagarde Speaks Wait until MACD signs cross entry, and stochastic cross the 20 Lvl TP around the 1.099 Level
The stock had impressive QEarnings, being the only car company having profits. Yet several things happened, Elon Musk Tweeted that the stock was too high, made a drop in the price, a spike rejection on the 860 Level, David Einhorn tweets hinting that the reports may not be 100% true, reports show the value of Tesla to be close to BMW , overvalued at the...
TSLA, the craziest stock in the market. The stock had impressive QEarnings, being the only car company having profits. Yet several things happened, Elon Musk Tweeted that the stock was too high, made a drop in the price, a spike rejection on the 860 Level, David Einhorn tweets hinting that the reports may not be 100% true, reports show the value of Tesla to be...
Just like SPX500 the chart has made already a shooting star and a hammer on the weekly chart. On the 4h chart possible SHS formation, or we may see a drop already today when the market open. Possible Covid-19 second wave coming. Very volatile market in May with no big companies showing reports. And there's the old saying: "Sell in May and run away, come back on...
The chart has made already a shooting star and a hammer on the weekly chart. Possible Covid-19 second wave coming. Very volatile market in May with no big companies showing reports. "Sell in May and run away, come back on St. Ledger day"
Bitcoin showing a bearish divergence on the daily chart. Very volatile market in May, could make a false breakout up or down, we may see the 3500 level support. Trade safe, cheers