I am posting this based on a request from a follower. Though COTI had a perfect cup and handle formed, the market leverage explosion killed it (for now). Bullish energy continues, and while it does, I expect the asset to hit the above targets after some consolidation. I have also noted a stop loss on the chart as well. The chart has all of the information you need...
Hello traders, This is a plan based on daily chart for EURUSD next week. We are now looking for a trend continuation down to test daily support zone. The purple arrow is current daily swing looking for. But this could be sideways price action after the blue grand swing with 5 waves. So the 1st support level should be 1.1700. Wait for next entry signal to open...
* Strong earnings quarter over quarter * Strong up trend * Broke out of a year-to-date consolidation * Consolidating right above the broken level Trade Idea * Now would be a great time to get in on this given that it has broke out and is now creating a new support right above the broken level. * However, if you are looking for a discount, this may consolidate a...
* Very strong earnings year over year * Very strong up trend * Broke out of a 6 month consolidation * Consolidating right above broken level and attracting more volume Trade Idea: * Now would be a great time to get in as it's building a new base right above the broken level. * If you are looking for a discount, there is a slight chance of it visiting the $109...
* Excellent earnings year over year * Strong up trend * Broke out of a month long consolidation * Consolidating right above broken level with higher than average volume * Minimum probable ROI of 6.03% if the trade goes in our favor * Given the established up trend it will most likely be more than that Trade Idea: * Now is the perfect time to get in and ride the...
* Relatively strong earnings quarter over quarter * Strong up trend * Broke out of a 14 month consolidation with higher than average volume * Creating a new base above broken level of $593.29 * Minimum probable ROI of 28.03% if the trade goes in our favor Trade Idea: * Now would be a great time to get in on NFLX as it's creating a new base right above the...
I last spoke about ABT when it was peaking at a breakout. Now, with slightly higher than average volume, it finally broke out. Now is the time to get in Here's a recap of what I last mentioned * Strong up trend * Consolidating since beginning of 2021 * Strong earnings * Lower than average volume All signs point to it breaking out soon. Due to the lack in...
* Strong earnings quarter over quarter * Very strong up trend on the longer time frames * Broke out with higher than average volume Great momentum stock to get in. The price is ready to move higher!
* Strong earnings quarter over quarter * Strong up trend * Pays out dividends with a Payout ratio of 24.30% which means the company has a lot more room for growth * Broke of a 4 month consolidation out with higher than average volume (19.09%) * Making a new all-time-high * Probable ROI of 17.19% if the trade plays out in our favor Trade idea: * $200.75 is...
KOTAK MAHINDRA 1D Chart Analysis Showing great resistance/sellers area between 1800-1830. A strong support line is also identified. ✅ Must wait for breakout with a candle closing above resistance area with high volumes. ✅ Target somewhere around 2020. 🚨 Just my analysis, Not a tip
Important things to note: ADA has created a rather nice basing pattern Has 2 higher highs, 1 proper retracement 1 more proper retracement will signal reversal Price has broken through its resistance at 2.57 BTC has made bullish price decision Important Dates to Take Note of: ADA Alonzo (smart contracts) go live Sep 12 2021 ADA Summit Sep 25-26 2021 So, things...
We are just coming to the end of a consolidation whilst arguably still under a key support although not enough to confirm the direction of the exit to this consolidation triangle. It is impossible to say right now which way its going to go given the general disarray with BTC rn. We have low liquidity zones above and below this point also so its either going...
BNL had a pull back mid June and has since recovered to make new all time highs. Since breaking out it has been consolidating right above resistance hence making it a new support level. * New company * Steady up trend * Pays generous dividends * Broke above pull back with relatively higher volume (7.28%) * Creating new support level from the broken resistance *...
Important things to note: ADA has created Symmetrical Triangle (Bear Pennant) Price will need to make a decision (Break to upside or downside of triangle) BTC looks terrible right now on all timeframes Supports are noted on the chart (2.39 and 2.2) You will need to see the price break 2.58 to signal possible short term reversal Best we can hope for is a basing...
TSM have been consolidating in the rectangle since March with several attempts to break the $125 resistance. But with US market looks very likely for correction will TSM finally be able to break the $125 resistance? Let's find out soon
* Relatively young * Steady up trend * Strong earnings * Breaking out of a 4 month consolidation * Breaking out with higher than average volume Trade Idea: * This is a great time to buy PPD as it's still close to the broken resistance and its 10EMA
* Strong earnings quarter over quarter * Strong up trend since inception * Consolidated for a month after a move higher * Retested the broken level as support with higher volume than average Trade Idea: * This would be a great time to enter a trade * Or if you're looking for a discount, you can look for buying opportunities around the $61.70 area
* Relatively stable earnings * Strong up trend since November 2020 * Breaking out of a 5 month consolidation * Breaking out with higher than average volume Trade idea: * $260.37 should hold as support so you can look for buying opportunities there * Or if you're not looking for a discount, you can jump in now and ride the next leg higher. Be sure to place some...