Good day traders, USDCAD has been on a down trend since Dec 2020 when the major support on the 1.3000 broke. The price has been moving within its downward channel . A possible Bounce play could happen since the current price is now sitting on the channel support line and horizontal support line at 1.20900. If this level does not break, then there is a high...
On the hourly chart #ELCR has bullish divergence in play coming off a double bottom bouncing off support
QLGN The price is retesting the neckline of the inverted head and shoulder . It is potentially a very good support for a long entry. I'm playing the bounce with the red line as target (swing trade). I'll close the trade if we break below the neckline. Trade safe.
hsy bouncing off some strengths for move higher ?; dip buy opportunity
CHD is offering a good Risk/Reward play. Bounce off the 200MA and Bullish Engulfing Candle. If we get a bullish push we can even reach the trend line and try to break out. Possible entry here with a stop just under the 200MA. Investopedia definition:<>
Fubo TV, sport streaming and betting business. Analyst target is 60usd. Let's see where the bounce is taking us. Good entry here with stop loss below previous high on daily. Trade safe.
$CRM has been in a strong and healthy uptrend since April, gapped up in August and hit all time high $284.5. The stock pulled back and filled the gap down and is currently at support level and had formed a pin bar on that level with decent volume. Currently looking out for a possible bounce at this support level and then open position for a nice swing play with...
I'm going to go through all the major DeFi Crypto offerings over the next little while. Calling it "In Depth Defi". Instead of "In DepthFi". Still unsure on that one. If you like it, enjoy, and feel free to leave a like. If you dislike it, also leave a like, just aggressively click the button. I'll be able to tell the difference. Synthetix started as a...
Decent Suuport level for a bounce!
We nailed the SXPBTC TP on the first move, now it looks like we might have a potential bounce down from the EMA. If you're looking for an entry point, looking the purple box. Indicator signs are on the chart. Quick TP's are on the chart for the next pump up. Tight ish SL, we're looking pretty strong for continued growth here. Good luck! This isn't dating...
My last thoughts on BTC were wrong after 9550 failed to act as support. Caught me out and i got burned. What now? I think we are bottoming around here but could very well see a bounce to low 9050 area before a quick drop to SF the low from Jan 24th as indicated with the arrow. That area is in confluence with a monthly and also a weekly level which should do...
Zooming out there's a massive accumulation area that hasn't been tested. If price bounces off the point of release (shown by the yellow line), I expect we test in the gap area (FVG).
$RAD is one which we nailed the move higher. Now that the stock has come back down, we believe it's a speculative bounce play here. Although you will want to give it some room as the stock could drop to the $9 to $10 region and bounce from there. That's why $RAD is one that you dip your toe in at current levels. Right now $RAD is a bull/bear battle and is...
Tesla has been in a strong downtrend down 30% this year. Short Interest is near an all time high. Showing bottoming candles and is at the bottom of the channel near a strong support. RSI is curled up and several bullish divergences on the indicators. Baird Analyst Ben Kallo Reiterated his $400 price target on Tesla's Acquisition on Maxwell Technologies that closed...
ADA/BTC is overdue for a bounce I believe. We can see some nice bullish divergence on the higher timeframes. If the resistance around 1370 sats breaks and acts as a support, I think we might see a retrace to the 0.382 - 0.5 fib levels. Bitcoin might ruin the party if it drops below 5300$ though.
Just closed SQQQ Call options here, this is a simple trendline play, Legacy markets love using these old long term trendlines and I would be extremely surprised if we just ignored it and continued down without a bounce. I think we'll pump aftermarket today or tomorrow latest. I'm not worried about stoplosses here, just buying some call options that either will,...
S&P has been selling since October. We have a epic bounce level at 2397 on SPX Ill be looking for a exit around 2500