Today we have a short setup to take; here, we will show a full explanation of it.
a) Before understanding this idea, we should take a look at the Daily chart
-The price reached a major reversal zone composed of a Daily descending trendline and a resistance zone
-Based on that, we can see substantial bearish potential...
Today we have a long setup to share. Here you will see a full explanation of how we will proceed.
Main items we can see on the chart:
a) The price is bouncing from a Daily Support zone (that allow us to look for long setups)
b) On the 30 minutes chart, we can see a Broken descending trendline
c) Currently, we...
A friend told me to check this stock out.. I stay clear from the stock market in any capacity, but this looks like a solid trade from these crypto eyes.
Whenever you guys are ready to come on over to crypto -these set ups happen every day. Usually multiple.
We played CME last week for a nice play. Could CBOE be next?
I do like CME long-term more than CBOE but for short term plays it looks ripe.
CBOE
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@ support @382fib 97.42
@bottom of current uptrend regression channel
Below 200ema
Stochrsi, macd, ttm setting up for a move higher.
1st Target = .5fib @105
2nd Target = 618fib...
I think that the pandemic disaster we are in will continue for a long time and there will be a collapse in the markets on a global scale, in this context, I expect a structure in the stock as I stated in the chart.. The pattern I draw in the chart can be seen in many stocks, I think the second wave of sales will be more devastating, we will wait and see..
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Hello traders and investors community.
Today opened TESLA chart it looks good as we see inverted head and shoulders pattern, this means we might trading at $550-560 within this week. Next challenge to break the dynamic resistance line.
RSI since beginning of the March in bullish divergence. To me this is good signal for further uptrend price development.
I...
I really don't like descending triangle for NYSE:CVX . I have fundamental analyst giving me a buy/hold signal but i am still cautious. This 139 weeks descending triangle might play out just be very careful and wait for confirmation before entry.
Here we are tracking the massive breakup in Vol; this is looking dangerous and is right on time with Coronavirus kicking in. This was forecast miles in advance (see charts below) and has followed the mapped flows flawlessly since the previous swing we began tracking earlier last year:
...
Kellogs is an action that has been approaching a very strong area marked at 75-76 USD, therefore we expect it to reach the area in the next few days, if not, there is a probability of re testing the area of 60 USD in the mid term
This is a 2:1 stock
There is no doubt that gauging the direction of Netflix's stock has been one of the most challenging tasks for analysts over the last 2 years. The big picture shows the formation of a rising wedge, which is similar to other tech stocks. But price has violated the trendlines so many times that we've had to cast doubt on the validity of the upward trend. Netflix is...
Tesla is now officially in bubble territory as it breaks above the major rising wedge pattern that has formed over the last decade (should be confirmed by the end of this week). Essentially, the stock price is going parabolic, similarly to Apple's stock price. Keep in mind that this means two things: 1) the stock price will see parabolic price movements in the...
