Please Support this Idea with LIKE if it is Useful.... EURCAD The price is forming higher lows and continuing its bullish move, if price holds the support then I expect the price to continue to grow.. For Entry: Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to Buy.. Trade it with proper Sl.. In case price...
NZD/USD, EUR/JPY and NZD/CAD on watch for me today.
Right now, a stock that have interested me is $LAC. Currently, I was neutral on it, but am leaning towards a potential bullish sentiment. The support levels have been picked up to the point where it seems like high risk for a correlation. However, given battery day, I think that this still may have a higher support level for an even more incremental spike (Off of...
STE broke out from its 3 month symmetrical triangle on Monday with a good follow through to trade at all time highs. I alerted to this consolidation breakout setup forming back on August 17th here
Posted about this setup few days ago and now a symmetrical triangle is forming inside of the bigger 4 month rectangle chart pattern. A daily close below symmetrical chart pattern will set the stage for the next leg down in the stock.
Posted about the setup taking place back in July and again in august. Stock closed below neckline Friday and lost over 8% today.
Very appealing setup on this cup and handle 3 month chart pattern. 1. Handle taking the form of rectangle consolidation 2. Handle forming right above 200 MA (bullish) 3. The cup and handle pattern boundary resistance is conversion with a long term weekly down trend line (red line) A decisive daily close above $26 will confirm the pattern and the breakout and set...
NYSE:AVNS forming 4 month ascending triangle chart pattern with $34.50 testing multiple time and acting as resistance. Chart patterns that accomplishes 3 things when they breakout are ones that has the most chance succeeding. When the breakout takes place (daily close above $34.50), AVNS will: 1) Close above its Ascending Triangle chart pattern (blue line on...
NASDAQ:SBAC been trading sideways for 4 months forming a well defined ascending triangle chart pattern. The breakout will send the stock into ATH.
Textbook ascending triangle chart pattern breakout. I posted about this breakout setup as it took place on September 10th here
NYSE:WWE formed a 4+ month rectangle chart pattern closing below support today and thursday. Took a shot at the short side with a stop on a daily close above the red dotted line. I posted about this rectangle pattern forming back on August 22nd here
Unity is one of those unique cases where I wanted to invest, but the opening seemed too high. Now for a long position, a decent entry target for riding a wave might be at $68 with potential correlation patterns upwards to $70+. If I were still interested, I would likely do buy at $68, with target to $85 and a stop loss at $66.25. That being said, do your own due...
Right now, I think that CMPS has at the bear minimum a $34 target, and likely one should do risk analysis to see if they might want to continue from there. Probably a wide range auto sell with stop loss for a long position might not be too bad later on as well. Support levels seem to be picking up on this one. That being said, do your own due diligence and invest...
Right now I have a similar sentiment as I have had with PENN on the NWGI idea and market. Suggested entry was at $1.90. I'm bullish that it is starting to pickup current support levels after the previous dip and you may see a positive retest and bull run continuation afterwards. That being said, do your own due diligence and invest at your own risk. Please...
My entry is at $48.49 and I'm expecting resistance towards $48.75 and the $50 levels. My long target is upwards of $56+. Right now, I think eBay recently had a downtrend correlation, but is about to pickup some support levels for where it left off. I consider it low to mid risk as a long term hold. That being said, do your own due diligence and invest at your own risk.
Right now, currently I think that the support line for SUMO which I called yesterday is $25 as a decent entry. $25 being a bit pricier than the $22 expected open price, but still quite reasonable for a long position. I think resistance may not pop it more then that point. That being said, do your own due diligence and invest at your own risk. Consider everything I...
Nice trade setup forming on NASDAQ:MGPI . A strong daily close above the 4+ months rectangle pattern will also clear the 200 MA. The stock has already cleared a weekly downtrend line indicating a possible shift in trend to the upside.
Please Support this Idea with LIKE if it is Useful.... NZDJPY The price formed double bottom and bounced, it is above support/resistance level, after a pullback if price holds the support then I expect the price to continue to grow.. For Entry: Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to Buy.. Trade...