Targeting a short-term bounce on GE here, typically these blue chip stocks when in heavy over-sold territory at a minimum show some short-term recovery when fear and PERCEIVED risk is high. Good opportunity to play the bounce here. Disclosure: I have no position in GE.
Hey guys, i've been learning the "basics of charting/indicators" during the last couple of months and even though i know i still have a lot to learn, this is what i've come up with, all opinions good or bad are welcome ! Good luck to all with your trades!
Back from the May 21, Ethereum has been taking a beating from Bitcoin. ETH price has been struggling big time. Since then, during the next 4 months Ethereum lost to Bitcoin 69% and bottomed out on the September 12. By observing the bottom of the current downtrend, that is BTC 0.0268, Ethereum cleanly rejected the 927.2% Fibonacci retracement level. What is more...
#MFT Mainframe demonstrates support and resistance within which further fluctuations of this market can be concentrated.
#XZC Good levels for opening long-term investments. It can be noted that after a long downward movement, support was found over the 1200-1350 range, which manifests itself quite well. We also left the formation of the downward wedge and pamp prices on October 20 once again confirms this. On a single-day scale, divergences are seen, and the indicators are very...
keeping it simple. This is high risk reward. Looks to be respecting this wedge, and has slight positive momentum. They just released their game app a few months ago, and seem to be working with cartoon network. and once earnings come in for the quarter with the new numbers, this may jump. We have a daily squeeze, waiting for the pop, loading a small position...
EUR/GBP is sitting on a very strong support line - My technical analysis suggests that this will cause a bounce in the price. Set your Stop Losses just below the support line @ 1.871. This is not investment advice - Your losses may exceed initial investment.
Please look back 4-5 ideas about the XRP H&S target I pointed out...we have found support at the nearest direct support line immediately below the drop target of the head and shoulder pattern I pointed out. We have seen a very nice bounce here at the 1 day 50ma(in orange)...still a chance that this support could fail if so the next fib line down just under this MA...
I closed a month long short on eth at 196 for a cool 10% profit. Boy it was wild ride. I'm looking for a quick scalp before re-opening my short. I'm also watching the 200 ma on the 3d for bitcoin. It's flirting with it a bit and hasn't crossed under it on that time frame yet. If it does go under and close some larger time frames there then I am willing to bet...
Well down she goes. Jumping off chart from the other day. I had stated I was happily in as much of a BTC position as I personally cared to be in. I would be utilizing the $6492 level as my stop loss for majority of position and then had another down at low $6400's. This was just to protect my capital and give for less than a 1% loss from my average entry and...
$NOMD bounced off sma50 support, at the lower end of its Bollinger Band. Looks like a good entry spot.
On January 18, EURONEXT:FR stock price was around 66€, close to its all-time high. 9 months later, Valeo has been almost divided by 2 with the formation of a very specific type of technical price pattern. The "Dead Cat Bounce" As defined by Helen Alpino, the dead cat bounce comes a time in a downtrend when bear traders decide to take profit. Bull traders...
$MNTA Is uptrending, it just gapped down to its sma50 and bounced off that level. $25.00 looks like the area of support, it was also a previous swing high resistance, so now it should be a swing low support. The stock closed green when major U.S. indexes closed red, so it's a sign of strength.
$NP Trending along the sma20, bounced off this line several times. If it continues trending, then this is a good spot for a low-risk entry. $89.45
Here is my mid-term analysis for Silver. After big fall of value there is a chance for LONG. I will describe why. The truth is, that Silver broke the long uptrend trendline downwards. Similarly, on the chart was building up a Descending Triangle, which was also broken downwards. This is not good signs for Silver, but there is a possibility of breath. The marked...
Hello, We have a good opportunity on the USDCHF Chart, USD has a very weak structure in these days. As you can see we touched the top of the trend line (It seems stable), now we can have some kind of bounce effect. I suggest you to put a Short order and the stop loss should be : .97000. I hope I was helpful, have a good day !