ENTER 17.47 STOP 17.98 TARGET 9.53
Gdx has a tendency to bounce on the 200MA. I am presently holding GDX shares and I will probably switch my position to DUST if the stock goes below the 50MA. If the stock is capable of crossing the 200MA, it would be a great bullish indicator.
ENTER 6.39 STOP 6.58 TARGET 3.56
The pound seems to be in a very large flag pattern, but a mini triangle pattern, so this brings about the perfect swing trade,the 200 MA will provide resistance and so thats the stop-loss, but the short is when the Pound drops below the 100 MA till the lower support trendline.
The EUR/USD will most likely increase in price to the 200 MA and the 100 MA will provide support, as shown in the past, furthermore the CCI seems to be in a ascending triangle pattern so there could be a short-term increase in price coming up.
Today I entered a put option with a 53 day expiry because the Bollinger Band and 20 MA was broken. I expect price to fall between $4.00 and $3.00 within the next 15 to 45 days. Max risk is about $160.
Price pushed through my Bollinger Bands and then retraced through the 20 MA. I am looking for price move back to the 20 on the daily time frame where I will be looking to short on a lower time frame. I plan to hold the trade until it hits the 200 MA. I am taking advantage of my broker's leverage and how much margin is required to place the trade. In terms of...
Price pushed up through BB and then below them. Then price moved below 20 MA. This gives me reason to believe a significant short movement may be imminent. Therefore, I bought a 30 day put option (Apr17) on the movement. I stand to lose $108.49 if the option does not fulfill the movement I anticipate. Take profit target is at 200 MA.
Over the past years, the GDX bounced on the 200 MA pretty hard, and it acted as a strong level of resistance or support. It just happened again. Even if gold was rising in a pretty strong way in the last couple of days, the GDX was still unable to go up. That means the bounce is really strong.
Over 10 million shares sold after earning , panic selloff maybe. See What happened the next day , 20 million bought ( may be rumor ) , whoever bought it at that 200D bounce made shit loads of money in a day. Always trust 200D!!!!
Short the 50% Retracement with strong reversal candle Longer term trend is down
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... 58 SHARE INDICES worldwide (MA 100 & 200 inside bullish) @ drive.google.com Best regards Aaron
Price approaches 200 MA. It looks like bears will decrease the price to 0,80670. However, this prospect is not shiny.
Because of the last gap, the stock is now retesting support and the last bearish move might only be another retest. If the price break below 25,06, this could be the beginning of a rally.
if the stock breaks that bearish flag pattern, its could possibly go up. It bounced on the 200MA easily and that is a strong signal. We saw it multiple times in the past. What I'm waiting fot : - 10 and 20 MA crossover - for the stock to break that bearish flag pattern
If market break the channel there is a potential Cypher pattern forming above previous structure. The TP point will also be the retest of the channel trendline, so a sell setup
A long term bearish trendline has recently been broken, and the downtrend seems to be reversing. Watching for price to break above the 200MA to go long and then wait for a golden cross.
The SPY is hovering right above the 200ma on the daily chart, the question now is whether or not it will hold long term range or breakdown and start a new downtrend. My plays for tomorrow depend on which way of the 200ma the spy will go.