optimystery

optimystery

Simply looking at the Fib channel here, multiple touch points and orderly looking price action. NET made a strong recovery post liquidity event crash, and is a company well placed to benefit from increased reliance and faith in internet tech / infrastructure / security. I use Cloudflare and they provide a great service with a freemium model. A recent addition and...

optimystery

too early to tell, but SNAP looks like it may be ready to start trending downwards.

optimystery

Just collecting for later selection and further analysis

optimystery

Another one for my own notes. Potential slow timeframe swing trade

optimystery

Only publishing this as I need to restart the computer, and TV is going to lose all my open views except 1. Jeezus

optimystery

Throwing some more quick channels on big stocks. How long will this trend run for? These are still chunky swings if you're patient enough

optimystery

Drawing some lines on a few stocks, fast and loose style, to see opportunities for swing / range trading. Where price hits the bottom of a channel and the market enters a downturn, we may see that acting as a catalyst for a trend change. If price is still within mid to upper ranges of a channel it is more likely to hold stronger, chop sideways, or meet support at...

optimystery

Putting this up for reference, and keeping in mind what may happen with trade war etc. Healthy bi-monthly swings and conforming to 2 clearly identifiable trends / ranges.

optimystery Updated 

Just throwing some lines on HSBC (HSBA) . We have a broadening channel, higher highs and lower lows on a 20 year timeframe. Currently in a downward trend on the monthly, just about holding historical support. This would probably be a good place to exit if we are expecting a market downturn. "These formations are relatively rare during normal market conditions...

optimystery

Bearish divergence on the RSI and MACD preceded the recent fall in price. Double bottom may or may not be significant here, as the last impulse down is likely related to stock market crash fears. In Dec 18 and May 19 we saw the highest selling volume since Jan 11.

optimystery

Legal & General is in a solid uptrend over the 10 year timeframe. Since the lows of 2007-2009 it has increased 1000% Currently holding a key macro support line and coming down to test the 30RSI. The last time it broke lower oversold was during the 2009 crash.

optimystery

GSK is showing a macro uptrend. Bearish divergence showing on the MACD and RSI. I have marked the previous divergence also, which preceded a sharp fall. We may be coming down to test the support line. The 2007-2009 dip is shown (38%)

optimystery

Just throwing some lines on BP (BP.) and it is clearly trending downwards over 20 years. I have been checking how various stocks were affected by the 2009 crash. BP experienced a sharp correction in Oct 2008 and June 2010. However feb 2016 was another low point. This forms a preety much parallel gently downward sloping channel. This is indicated as reference for...

optimystery

Looking at Glaxo to see how it might perform in a market crash and recession. It has been making lower highs after a blow off top, and is now trending around the mean. Could be a reasonable place to sell here

optimystery

Watching this one. Many stocks have entered this parallel channel pattern since the beginning of 2019. Fib channel shows good heartline support. It all depends on what happens with the financial system and stock market in general, but nice swings have been playing out here.

optimystery

We broke out of the triangle briefly last night but bounced back off 12k. Momentum was not convincing and the daily candle closed red by a hair. Still, it's possible a breakout could be on the cards. I've redrawn a couple of lines on the wedge / triangle and for all I know we are just trending sideways for now. Divergence on the RSI (4H) but volume doesnt look...

optimystery

I'm keeping an eye on this one

optimystery

LINKBTC shows potential to break out of this downsloping wedge. There is bullish divergence on the RSI. All depends on what BTC wants to do!