we got shorted around the 7$ after hours , now we need to hold above the 3$ to confirm a support and reversal once we break the critical resistant between the (4.17$/4.90$), and have another squeeze over the 7$ towards the 9.70$.
on the other hand if we didn't hold above the 3$, it's means we will see aanother sell of towrds the bottom reversal price between the...
we need to break the resistant box between the 0.44$/0.47$ in order to see another pump toward the 0.60$ and the 0.76$ profit taking , in the meant time we need to hold above our current support which is above the 0.36$, in order to confirm the strength of the bull and breaking that resiatnt the next time we test it .
we have 2 critical area to confirm either a bullish or a bearish breakout around those 2 boxes , the first box we have is from below , which act as a support , between (3.20/3.64$) if we held it ,we going to have test for the above resistant box(4.76$/5.85$), and breaking it will give us a huge pump toward the 3 profit taking .
on the other hand if we didn't hold...
CPRX is the #1 stock in the biotech group by almost every metric. The table on the chart shows its ranking out of all 795 biotech stocks by 3 metrics from IBD's MarketSmith.
Sales and earnings are surging and the rate at which both are growing has increased in each of the last 4 quarters.
The stock made a false breakout on December 14 when the market gapped up...
Gold 4H reversal
The power of three method will enable you to spot when a swing low or a wing high is in the process to develop. Reversal trading can burn your account if you don’t employ the right tools. Understanding when to spot a bottom in the market and this buy/sell trading step-by-step guide is all about.
Step #1: Look for a downtrend that has broken a...
we have an important support to get a reversal from which is the 0.25$, if we held it, we going to have first a test for the current resistant at 0.30$, then we will test 2 profit taking at 0.33$, and then the 0.40$, which will mark another bullish momentum towards the 1$.
on the other hand if we didn't hold that support the 0.25$+, is means we going to test our...
***The above is simple the price action formed in 1DTF.
>The Supports are numerous... They are 5 good supports!
>The Resistances are 4... The 4th resistance almost took the 3rd one indicates the bullishness in the trend!
>The Trident is Textile stock which has the scope of showing the good numbers in coming Quarters due to Christmas is also a point to
Ufo has a chance for the next leg up. The first sign is a break above this small resistance level above. we need to increase volume for a successful move up. Details on the chart
Good luck traders
Thanks for support