The chart pattern is a falling wedge, it’s a bullish reversal. The price has been bouncing between support and resistance and today we can confirm its a buying opportunity. I have continued to buy and bought more at the $4.00 range. The rsi is oversold on all time frames, the emas were trashed, the volume is high, the OBV is down, the only indicator was the...
TSLA's previous selloff tends to average -43% off of the high produced on the spike. Take these percentages and you have a mirroring forward looking price trend. Loading zone has begun and blast through zone in June.
WKHS has been beaten down over the past week, dropping nearly 60% in share price. Good buying opportunity?
I am buying eth again on the ascending triangle trend line it is very strong support since it coincides with the 21 EMA.
AUDUSD is being going up for long. Its making a triangle breakout. if the breakout is successful ,it will fall for confirm 50-80PIPS . and if can't then will continue BUY trend. Thanks for staying with ANALYTICA team. Stay connected to get more ideas with explanations.
IBM could repeat its correction pattern from 1987 to 1993 and this would be a great buying opportunity.
Apple has made a double high formation at $140, which leads to a price drop. I see it as a little bit risky to short APPL, so I am inclined to open LONG positions at $113 and $101. If we cross the double high, let's enter the LONG positions during the pullback from the top of $140.
City union bank is looking bullish for a short term trade making a kind of flag and pole pattern on weekly timeframe. All you have to do it to wait for the price to close above 190 and the stock might shot up from there.
Price broke the previous resistance zone, and it's going in the buy direction towards the upper Bollinger Band
The trend is up which should present more buying opportunities for traders once the market opens
This is my first public IDEA, but i think NBAC can rally up too on christmas week: Here's my thoughts: - the increasing volume day by day - very volatile stock (by its low amount of outstanding shares) - and the bulls now arrived on friday - stimulus is near - NUVVE have good future - NUVVE is currently under valued - upcoming NUVVE merge on february 13 - its now...
what I expect is that the price fall to 0.38 fibo level to test the support level and then rise at least to first target shown in the picture. Do not forget about the stop loss. Its some pips bellow the black rectangle.
Look at BTC and how from Oct 2016 thru begining of January 2017 BTC NEVER CLOSED a Daily under the 21EMA...but did bounce off of it several times. The arrow show where we are relative to 2016 BTC is due for a Daily 21 EMA bounce Once it hits ATH it will retrace to the 61.8-65% Golden Fib Pocket If you want to ride to the top, buy in at 13800 Daily 21EMA and...
On the EUR/GBP 1H chart we can see a clear bullish flag formation emerging so I would say there is definitely a buying opportunity at hand, the question is, will the price find the resistance again, come down to the support for a better entry into the market...? What are your thoughts............?
We anticipate ourselves to Australia's CPI news on Wednesday looking for buying opportunities. Depending on the results we will see either a continuation to next resistance or a retracement to previous support.
NASDAQ:ATVI has taken a fall down below the 100 Day SMA. This has since formed a bullish flag with a similar line of upward diagonal that held dips in price in June and early September. The big drop in price is due to the pushback in their new WOW game release. However, the stock holds a lot of value and has continued to see increased sales through quarantine....
NASDAQ:GOOGL has broken its trend channel and seen some major downside. Due to TikTok news and the tech slide GOOGL could possibly rally next week before facing more downside into the week of its earnings. Pictured are Elliots wave and its correction along, the thickest line was taken from the weekly chart and has proven as a key level over the years.
Today we have a look at the chart of silver on a daily timeframe. Since the March crash it has formed a cyclic pattern as observed on the graphic - during the first cycle of 93 days or 66 bars, silver touched the trend curve twice - once every 33 bars or 48 days. Starting from the beginning of the second 66 bar cycle, the metal has only formed the top after 48...