SSl recently has been recovering from a market correction. However, even tho the coppock curve and the ADX are saying this could be a buy, I see a hammer candlestick forming. This shows that the prior trend could be changing. So, I put a short position below the 50 MA. Also, volume seems to be decreasing.
This idea is following the same pattern as my previous XRP idea. If the lagging span of the Ichimoku cloud pierces the thin cloud above then we would have a clear buy signal. Futhermore the VWAP has crossed the 50 MA quite aggressively.
While XRP remains predominantly bearish, we have a few signals here that could indicate a short-term uptrend to our previous resistance (red-dotted line). We have pierced the Ichimoku cloud and the VWAP (pink line) has crossed over the 50 MA (blue line). If the lagging span of the Ichimoku cloud (black line circled in yellow) pierces the Ichimoku cloud then we...
The stock is trading below 50 day moving average. Failed to breakout. The technical bottom is 15.25 dollar. When bullish on the stock buy more on that level. Short term the stock can decline more.
Spotted a Head and Shoulders pattern on the 4 hr chart BTCUSD. The neckline of the H&S pattern crosses close to the 50 day MA. Can we expect a short term downtrend if the trend crosses these levels? Leave your thoughts below. If you have any comments/questions please let me know. Cheers.
The 200 MA is providing resistance and the 50 MA is providing support. This is most likely a flag pattern, and the ADX is about to go green so will most likely be bullish. But, since the earnings report is coming out today, I have chosen to create buy and sell orders.Also, due to past earning reports the volatility is very high so I expect the same to happen.
ENTER 13.49 STOP 13.00 TARGET 19.41
This stock loves bouncing up from 50 day moving average. RSI is just above 50 and Money flow seems like going to reverse back to buying territory - did not stay much in selling really.
ENTER 11.65 STOP 12.10 TARGET 6.34
ENTER 15.78 STOP 16.77 TARGET 9.52
ENTER 7.51 STOP 7.81 TARGET 4.30
GBP/EUR has formed a flag pattern and to see its seems we have a false breakout, thats represented by the RSI showing overbought, so I would wait for the rebound to lower trendline for support and then the partial rise will be complete and then its a buy. Also the 50 MA is showing support and has crossed over with the 20 MA.Also, the price is in a separate area in...
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
ENTER 7.27 STOP 7.69 TARGET 2.42
Watch for LNTH to make a move back up to past resistance around $9.70, Price has just broken above the resistance line and it is also just above the 50ma which has been acting as a dynamic support for quite some time. Also volume has been increasing, MACD looks like it is soon going to crossover and the Squeeze Momentum indicator is currently bullish.
Increasing volume, MACD crossover, broken resistance line, squeeze momentum on. Price target of $3.00, for just under an 18% return.
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.