EXPECTED TRADE DURATION : 2W-4W TIMEFRAME ANALYSIS : (1M) --> 1W --> 1D --> 8H TRADE EXECUTION : 2H IN-TRADE MANAGEMENT : 1D Note: Scale-in on momentum set-ups and sell half of incremental trades on price expansions.
4-WK CONSOLIDATION BREAKING OUT OF PATTERN RESISTANCE. 38% PRICE RETRACEMENT ON PROFIT TAKING. OBSERVE VOLUME ACCELERATION FOR TRADE ENTRY CONFIRMATION.
6 WK CONSOLIDATION ON THE BACK +124% PRICE RALLY FROM MARCH BOTTOM. +980% EARNINGS GROWTH ON THE PREVIOUS QUARTER, +44% REVENUE GROWTH, AND POSITIVE EARNINGS REVISION.
6-week consolidation pattern with price finding support on 38.2% Fib retracement. Revenue growth >30% YoY Gross profit margin >80% Positive Cash Flow
SET-UP : COIL / SYMMETRICAL TRIANGLE CONSOLIDATION FINDING SUPPORT ON THE 50-DAY EMA TRIGGER: BREAK OF PATTERN RESISTANCE MACD CROSSING ABOVE THE SIGNAL LINE OBV INDICATING INCREASE ON BUYING PRESSURE EXECUTION: PRICE FILTER ON ACCELERATING VOLUME
Potential break out from 5 week consolidation pattern with ADX > 30 indicating sustained accumulation on the stock at current price level.
Revenue (YoY) 19.25% Revenue 3 Year (CAGR) 22.66% Gross Profit Margin 85.60% EBIT Margin 31.36% Net Income Margin 30.71% Total Cash (MRQ) 4.35B Total Debt (MRQ) 4.70B Total Debt to Equity (MRQ) 43.17% Current Ratio (MRQ) 1.29 Quick Ratio (MRQ) 1.11
POSITION TRADING ON THE BACK OF A 6-WK CONSOLIDATION WITH 38% PRICE RETRACEMENT. OBSERVE VOLUME ACCELERATION FOR TRADE ENTRY CONFIRMATION.
Bitcoin built a massive bullish Coil if there is an outbreak to the upperside and a retest. The realistic result is a Target with 24300$ and an advanced Target of 47400$. Plus the typically overbuy there could be 50k+. BUT everytime if a new Line is build you have to rebalance the targets with new Charts Patterns. Good luck, much fun !
USOIL has been coiling for two weeks now after it hit the 50% retracement point on the whole bull cycle from $26, and almost reached the 23.60% fib extension support based on its first impulse/reaction pivots of the $26 bottom. There are a lot of traders that see these things and most of them will not feel comfortable being exposed to long risk at this point. This...
With markets resuming their uptrend and S&P/DOW playing catch up, financials/banks might get a push. COF looks ready for a breakout.
Daily Chart has been coiling all year. Break of 218 should send stock towards 225-230 area. Notes on chart.
Long play on WUBA, coiling nicely and looks ready to go. notes on chart.
Rising wedge and price still below the wedge. Shooting star today after rejection at MAs. Caution required when going long stocks.