KR great volume today, bouncing off the 100 SMA on the monthly chart with tweezer bottoms. Looking for a limit buy on a retrace of this long day bullish candle.
Bulls finally trying to defend today. Last couple charts have been on weekly time frame where we were watching to see if bulls could break to a higher high on weekly. They failed and made the lower high up at $4189 before the pretty dramatic sell off a few days ago. Originally I was watching for a lower high in the low $4000's and then a fall to somewhere between...
$KO | #CocaCola looks like a BUY here! Sitting on MAJOR SUPPORT!
Amid the downgrade to sales beginning of the month I still like this name, especially how it is reacting around 200 EMA, good time to pick up at this low price..
Leaving same 4 hour chart from yesterday here and if you actually zoom in on smaller time frame (5-15 minutes) it is much clearer. But yesterday we were watching for a potential bear flag as well as watching our 12 EMA serve as resistance. The bears made an initial bear break but overall was fairly weak and a fairly quick recovery by the bulls to buy things back...
A perfect "Buy When There's Blood In The Streets" opportunity? I mean what's going to happen. Residential, commercial, industrial, and agricultural customers in Northern and Central California will no longer be using electricity and natural gas?
It's late so I'm throwing this up quickly before market open. I'll update it later. My last chart worked out perfectly, we bounced off of a 0.5 retracement from 3.9k in early febuary 2016. I think we have at least 1-2 more days of upside on NASDAQ. My zones are defined on the chart. We bounced exactly on my teal support zone as predicted in my last Nasdaq chart,...
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
The deeper BTC goes, the closer is the next bullrun. However, there are two possible variants that I can see. 1) The Blue One(Most Possible). BTC goes to 4900-5000 zone, where people open a lot of longs, expecting a breakout of the trendline. But it turns out to be fake, and we fall again to 3600-3850 zone. 2) The Red One(Alternative). BTC goes to the 4900-5000...
My custom built "Buy the dip" indicator printed another buy signal after today's pin candle on key support. Time to go LONG.
Watching BTC to see how we react off of this old channel top again...(If we drop!) Critical Breakout point. Should see solid support in green zone. We could still truncate into middle, and capitulation or more down is still a real threat until we are confirmed Bull Market. WE ARE SO CLOSE! Which arrow do you think is coming?
Although the technicals for BABA seem to be bearish, we don't have a lot of conviction. BABA is trading at $178.49, at the moment. We will find resistance from levels from above including the following: 178.90 from volume profile over the past 14 periods 179.53 from volume profile over the past 14 periods 180.38 from volume profile over the past 14...
My custom built "buy the dip" indicator started to give BUY signals on #JNJ a few days ago; factor confluence was given by the gap closure (see yellow box) where price action printed a neat bullish outside reversal candle at key support level. Got in @ $130.65 and still riding
From 24 June to 24 July, the Bitcoin price increased by almost 50%. That's an impressive move in anyone's books, so it was always likely that the bulls would need to take a breather at some point. Personally, I expected this to come around $7500 mark, but instead the price broke through this level to trade as high as $8500. This move through $7500 was also a...
We are coming to 0.382 fib level of a very strong impulse which can qualify as wave 3.The 0.382 level is the most common level for wave 4 with respect for wave 3. Moreover, there is structural support from previous resistance there which would act as support now. A tight stop loss is advised for the initial buy. We can project the wave 5 target from wave 3 which...
TSLA Stock has lost more than 9% in two sessions after second-quarter deliveries fell short even as company met a key production goal.
Possible scenario I've worked out for XBTUSD where the remaining "weak hands" get shaken out. Many in the community have felt that 5800ish would be the last true "bottom" before where start the new bull run. I feel this analysis fits that narrative pretty well. As shown price appears to be in a channel similar to that of 05/28-06/09 which led to a breakdown of...