ATVI is building an intermediate-term bottom that is a solid base from which the stock can eventually move up as its fundamentals improve. This is a pattern all Retail Traders should notice, especially Position Traders and Intermediate-Term Traders.
Here's my guess:
We are most likely in the 3rd impulsive wave of a larger degree. this has a few reasons:
1. This last motive wave has been much steeper than the previous one, indicating this could be a wave 3 of the larger degree cycle.
2. The volume on this 3rd wave doubled compared to the preceding wave 1.
! This could also mean that we are in a wave C, but...
Order set to go long $NRG at $43.70, awaiting breakout to new 52-week high. 3 good contractions getting shallower, including declining volume. Great earnings growth also. Stop as per this chart. Initial target only, will give more room to move as stock moves higher.
The Base money of the U.S. has cross below the 200x2Wk SMA for the first time ever. It is a 200 SMA of the 2 Week print or data reading. This is just how the FED reports, every two weeks. However, it has crossed below the 200 SMA. This to me is signaling a DEFLATIONARY Event is on the horizon. When money is taken out of the system at this rate it will be...
Monthly , Weekly and Daily trend is upward so there is alignment
Look for entry at 99.5 - 12 hour Bollinger
Wait for it to come down to 99.4 than put an entry order at 99.5
No stop loss - get out of the position wherever it is, after 96 hours (8 x 12 Hours)
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I started my challenge on July 14th with a bankroll of 0.16 Bitcoin that was valued at $1000 at the time. You can follow and see all my trades in my profile.
There is no nice way to put it, I am doing very bad. I am...
New Base play opportunity on TRIG.
What is my Base Play strategy? I wrote about my Base Play strategy here on TV, if you click the image below it will bring you to it.
Base play trade instructions
TRIG on Binance
Entry: Buy up to 0.00006600