My trading Bias is Bullish for SCP as Earning Report is out of the way now, and after smashing surprise positive earnings. On the technical front, SCP managed to break out of the Bearish Trendline with High Volume indicating that the Bulls are now in control and want to take the price higher. It has gotten Support right at the edge of the trendline and at the...
MGR has bounced off from Support and the High Profile Volume Zone with High Volume, after breaking the Bearish Trendline, suggesting that the Bulls have now taken over and want to ride the price higher. MACD has also crossed with RSI coming out of the Oversold region. I belive that MGR has given a good buying opportunity. TP1 - $2.53 (potential 10% gain) TP2 -...
My Trading Bias for CSL is Bullish because after forming a High High, it has confirmed that it is in an uptrend. The recent pullback at Fib Retracement level of 78.6% has been good support, and Bullish price Action with a break of the Bearish Trendline coupled with High Volume indicates that COF should continue to the upside. TP1 - $2.150 TP2 - $2.230 Stoploss -...
I think CQR is preparing for a move to the upside as price is now above the 200SMA and 50SMA and it has also broken the Bearish Trendline with High Volume. I think it is preparing for a move towards its previous Highs. TP1 - $3.90 TP2 - $4.05 Stoploss - $3.30 Please note these are my own notes, by no means trading advice. Please do your own research before...
GPT may have finished its retracement and may be ready for an up move. As it has broken the Bearish Trendline, and a bounce of the Support Zone and High Profile Volume Zone, I think it is going to move up towards the previous Highs. TP1 - $4.57 TP2 - $4.77 Stoploss - $3.97 Please note these are my own notes, by no means trading advice. Please do your own...
ABP is forming a bullish pattern suggesting that Buyers are in control now and most likely ABP is expected to head higher to the previous Highs. The price has broken out of the Descending Wedge Pattern decisively with High Volume and showing Bullish Price Action. TP1 - $2.90 (Potential gain 6) TP2 - $3.00 (Potential gain 11%) Stoploss - $2.55 Please note these...
The Chart formation of VCX suggests to me that it may continue higher as it managed to bounce of decisively off the 200SMA and even managed to closed above the 50SMA and the Bearish Trendline with High Volume. I think it may go to retest the previous highs. MACD has also crossed indicating a continuation of the trend. TP1 - $1.750 (potential gain 6%) TP2 - $1.850...
My trading Bias for URW is Bullish as it has clearly bounced off the Support Zone and the 200 SMA. I expect URW to continue higher towards the Resistance Zone between $5.30 - $5.80. TP $5.30 Stoploss - $4.15 Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
The trend is your friend, I am still bullish in this market, however, we must hold the 50 moving average on the 3 Day chart "yellow line", currently sitting at 6400. We have not closed below this level and 50 moving average for months....
My trading Bias for SCG is Bullish as it has clearly bounced off the lows (Support), with a decisive break and close above the Bearish Trendline coupled with very High Volume . MACD has given a Bullish Cross and RSI has come out of the Oversold region. I am expecting a breakout with energy, and expecting a potential 7-8% gain. TP ~ $3.00 - $3.10 Stoploss -...
My trading Bias for WGX is Bullish as it has clearly and decisively broken and closed above the Bearish Trendline coupled with very High Volume. MACD is about to give a Bullish Cross Signal and RSI has come out of the Oversold region. TP ~ $2.40 (Potential Gain 13%) Stoploss - $1.75 Please note these are my own notes, by no means trading advice. Please do your...
My trading Bias for SYD is Bullish as it has clearly bounced off the lows (Support), with a break and close above the Bearish Trendline coupled with very High Volume . MACD has given a Bullish Cross and RSI has come out of the Oversold region. TP1 ~ $6.60 (Potential Gain 11%) TP1 ~ $7.00 (Potential Gain 17%) Stoploss - $5.40 Please note these are my own notes,...
My trading Bias is Bullish as it has clearly placed a Double Bottom off the lows (Support), with a break and close above the Bearish Trendline coupled with very High Volume. MACD has given a Bullish Cross and RSI has come out of the Oversold region. TP ~ 1.035 (Potential Gain 16%) Stoploss - 0.780 Please note these are my own notes, by no means trading advice....
My trading Bias is Bullish for FLX as it has clearly placed a Double Bottom off the lows (Support), with a break and close above the Bearish Trendline coupled with slightly higher Volume. TP ~ $0.425 (Potential Gain 18%) Stoploss - $0.335 Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
My Trading Bias is Bullish for CSL because of the decisive break of the Bearish Trendline with very High Volume. TP1 ~ $288.00 TP2 ~ $298.00 Stoploss ~ $261.00 Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
Price has broken down from this curved structure Although it is still within a larger channel I feel this channel wont hold and a further breakdown will ensue We will see
I have been monitoring this stock but at the moment I can say that it is was only humming but looking at the chart and on the well known structure (Cup-and-handle), I can say that this stock is about to scream instead of humming. i will keep an eye on it. The only issue it is not hype like other BNPL but it is catching up slowly. we may see a big move in next few...
My Trading Bias for APX is Bullish because price has broken the Bearish Trendline with High Volume. TP1 ~ $28.00 (Potential Gain of 18%) TP2 ~ $30.00 (Potential Gain of 28%) Stoploss below $21.00 Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade