I last spoke about this on October 29th as it was breaking out of the resistance at $152.85. At that time I did mention that this may end up consolidating for a while before it's ready to move higher. Now CPRT is offering yet another entry and it seems like it's ready to move higher from here. What's really interesting about this is that it consolidated while...
DIS selloff looks over done. Gap from Dec 2020 Filled
May be another breakout? That'd be amazing and i don't wanna miss out!! Not a trading advice do your own ta thanks.
GBP/JPY retracement is showing signs of exhaustion around 152 area, and broke descending triangle as well; and is setting up for more bullish continuation on daily timeframe. im looking to target 158 as an ideal target.
* Okay earnings * General up trend * High 3-month relative strength of 4.02 in the Healthcare sector * Recently broke above the early 2020 highs of $31.48 with a break-away gap * Breaking out of a 20 day tight range with slightly higher than average volume * During this consolidation the volume was very steady with some spikes in buying. This shows institutional...
* Great earnings * General up trend * High relative strength in the Real Estate sector * Pays generous dividends * Recently broke out the previous ATH from 2015 of $21.93 * Before that it consolidated between 18.66 and 20.46 for ~5 months * After breaking out of $20.46 it create a base on top of base pattern and consolidated for ~2 months before breaking previous...
I posted about this one earlier about an entry with a pocket pivot but now it's giving another entry signal with a breakout. If you didn't get in before, this may still be a great time to enter. * Good earnings * Very strong up trend * High relative strength in the Real Estate sector * Trading higher than average volume * Breaking out of a tight consolidation of 2.77%
* Exceptional earnings year over year * Breaking out of its IPO base once again that dates back to 2015 ($24.73) * High relative strength in the Tech sector * In a very tight range for the past 3 weeks * Offering a pocket pivot with in the range just before the breakout * Maximum probable ROI would 21.65% Trade Idea : This is a great time to enter as it's just...
* Great earnings quarter over quarter * Strong up trend * Breaking out of an ascending triangle with higher than average volume * This is the second time this is trying to breakout. * Out performing the general market Note: Due to market volatility it's better to keep smaller targets. Under normal circumstances this trade should give you a 54.14% ROI. You can...
Ripple is set to run higher as buyers support price at higher levels. Bulls will be frothing at the mouth if price starts to attack the highs so watching for price to continually be supported on dips. Watch the video for my full explanation of the current price action and where I see the opportunity.
price just stepped into the demand zone after creating an higher high... also testing a Major Quarter Point...
I last talked about NFLX in early September as it was breaking out and also mentioned that a failure to hold above could send it to $575.37 to test support there. Well, it bounced off of that level and now broke out once again with higher than average volume. I've set a limit order at yesterdays closing price. Lets see how it goes!
* Great earnings * Earnings accelerating for the past three quarters * High relative strength in the Industrial sector * Mostly sideways price action historically but recently broke out of a multi year base that dates back to '08 ($66.45) * Retested the broken multi-year base as support before continuing to make higher moves * Sitting right above broken...
EOSUSD is set to play catchup with other cryptocurrency pairs such as Bitcoin, Ethereum and Litecoin as price action builds a nice base. I expect that buyers will get more active with a move up through the 5.050 zone so watching to see how sellers react up at the level. The stage is set...just watching for the action to kick off.
H1 Support 1830 Resistance 1748 Price has been consolidating between support and resistance Our Moving averages are all below price supporting the recent upward move Price is currently challenging resistance at 1822 If resistance at 1822 is broken the next resistance challenge will be 1830 if price is unable to break resistance it will come back down to...
Bullish flag on Btc. We had some what of a downtrend then price found some support around 39368, then started to rally back to the upside. Formed a Higher high giving us a BOS break of structure. Then somewhat of a divergence on the rsi on the 4Hr TF forming higher highs but price is clearly showing lower lows within the flag. Price reacted soon as it reached the...
Our support and resistance range has been been respected well. We have setups activated for the Bull run all the way to 1830 and Bear run to 1726. Choosing either direction is okay if you stick to a strict risk management plan and that you are able to money manage the range when the price turns. Our sell targets from last week we banked and some positions we...
Since we could see the formation of inverted HNS, 1.1535 is a potential zone to buy. For confirmation, make sure rejection candlestick formed at this area. Target TP at price 1.1610 and SL at price 1.1511