DEGO is in a very good place.
The price went down 80% from it's ATH in March, so right now we need to wait for trend breakout and retest and also moving average confirmation then we buy DEGO and we hodl a few days/weeks.
As I see it now, if we do break the down trend, then we might go for a new ATH around 50$.
Based on the chart there is a good buy opportunity for XAUUSD. So lets check the chart with us and see what is happening:
1. Breaking the bearish trend line ( Bullish )
2. Bullish Engulfing candlestick ( Bullish )
3. Breaking a resistance area strongly and a pullback is happening (...
As you can see, BTC still making a higher low since few days back, and it just now testing the purple trend line BTC just broke and went upside few days before...
Right now BTC could found it support in both the purple trend line and the red fibonacci level line... this would be a very strong support if you asked my opinion...
if somehow the downward pressure is...
TPX made a base over base and broke out!
Fundamentally, it's earnings and sales have been growing more than 30% quarter over quarter and is expected to continue growing.
Technically, it's been in a range since March 2021. After the earnings report in July it broke out of the range and started consolidating above the previous range creating a base over base...
AOS has been forming an inverse head and shoulders since May of 2021 and now looks like it's ready to move higher.
Fundamentally, the company's doing pretty well and is expected to do better in the coming year with increasing earnings per share and sales.
Technically, it has been on a solid up trend and now is looking to continue. With a Beta over one it's...
SONO gaped up after earnings with massive volume coming in.
I expect the price to go sideways in the coming week holding $36.60 as support before moving higher.
Look for buying opportunities around $36.60.
Alternatively, you can buy now and dollar cost average around this area as this is a good long term hold as well.
ULTA (Ulta Beauty, Inc) is testing resistance around the $355 area that dates back to mid 2019.
* It's undervalued with a PEG of 0.77
* Its earnings per share is expected to grow over the coming year.
* General up trend
* Beta > 1 (following the general market trend)
* Broke above the resistance of $315 that dates back to 2017 and...
BINANCE:BTCUSD is up about 10% last week. Are we forming a new uptrend? What do you think?
While the bitcoin stays above 40,000$, any move down should be considered as a buying opportunity.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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EUR/USD Seems Strong enough to make New Highs!
Buying of this pair was already recommended at 1.18300 on previous chart.
Note: Please do your own research before any trade action.
Buy Zone: 1.18430 - 1.18530
Stop loss: 1.17730
Target Zone: 1.19920 - 1.20137
JBL, an electronic components company, is approaching resistance that dates back to more than a decade!
This is huge! When multi year resistances break you can be sure that the stock is going to shoot to the moon.
Looking at the price action on the weekly or even daily, it seems like this may approach or even break above $59.88 in the coming week.
CMCSA has been forming an ascending triangle since March of 2021. With a Beta of over 1, the clear up trend on the weekly and even monthly makes sense.
With a Payout of 36.80% CMCSA guarantees a lot of room for growth and further dividend increases as well.
* Looking at the price action over multiple time frames it seems like CMCSA may be breaking...
ACC is currently challenging 2019 highs. July 20th 2021 printed a bullish engulfing candle and now volume is kicking in.
* Earnings per share is expected to increase over the coming year.
* Making new 52 week highs
* Increasing volume coming in near resistance.
* Look for a weekly close above $50.94 before entering
* A rejection from $50.94...
I last discussed this July 1st, 2021. I mentioned how I thought this would come back and retest the $114 area.
Since then it's given multiple buying opportunities around $114 and now it has finally broken out.
Question now is, can it hold?
WMS has broken out of the resistance zone of $117.90 with relatively more volume but I still think it's not enough.
Based on the chart, price reached a major resistance area and then is strong rejection is about to happening. This rejection can be a good confirm of strength in buyers at this area and on the other side we can see the weakness on sellers.
So Based on this scenario I opened a buy position with a good risk reward ratio which is about 1:4.
Note: As always please...
STOR has been on a rampage since the March 2020 crash. It has been breaking one pivot point after another.
The 2016 highs ($31.44) were broken and served as support in 2019 and support again in Feb 2020. The price broke above again in November 2020 and $31.44 has served as support since.
Now the price is challenging $36.40 which served as support for 5 months...
AMAT is in a coiling pattern that extends from March 2021 and may be looking to break out now.
* AMATs sales growth quarter-over-quarter has been more than 30%
* Its EPS is expected to grow over the coming year
* AMAT is in a pennant pattern indicated by the white trend lines
* Recently broke back above a resistance of $135.34...