Swing Trading 52 week high support 26.65 RSI above 60 Daily / Weekly / Monthly EMA in line 20 / 50 / 200 Expected level ?
I have been watching this stock for a long time. I am waiting. When will the pattern go above 60 RSI? Then we can buy it. This stock is the best. When the market starts moving, it will go up.
The stock has rallied well in January and is now entering the next area of interest R2980-R2820 It will be key to see how price action develops which will give clues to whether we break up further or have a pull back towards the up trending 20/50 ema's to recharge. Note we still have a cup in handle pattern in play with a measured move that targets the R3150...
For sure, either up, or down. Depends on the direction it chooses, these are my lines that I am following. Cup and handle seems to be a strong indication of an up move; however, until it breaks 6.977 resistance and retests the black conventional support line it is all imagination. We also need a relatively high volume to avoid sideways range and to go on a...
══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the...
Add at 150-152. Get ready for bigger move above the ATH. Add in dips and hold for min 250+
NVDA has formed a cup and handle on its daily chart. The price is trading the Breakout: 286.95 ST: 265.29 Targets: 62%: 401.79 79%: 431.66 127%: 519.54 162%: 582.61
Recent trends in the cryptocurrency market have sparked interest in the performance of specific digital assets, including Origin Protocol ( BINANCE:OGNUSD ). Notably, this particular cryptocurrency has experienced significant fluctuations, catching the attention of traders and investors alike. Origin Protocol's journey in the market has been marked by both bullish...
I know its a Monthly Chart and Pattern is Under formation & there are multiple Possibilities But I am sharing this after Checking on so many Timeframes, I know things will take time But It will Happen. Although A very GOOD Weekly candle Close keep in radar. Gratify if you appreciate the practice then you can like it, share it and If you want me to...
This just looks wayyy too much like the uptrend following the cup and handle formation. That would be epic!! I'm expecting this to be the case but we could also be stomped by the strong red resistance line we are clinging to at the moment. Oooo buddy it's gonna be a long night.
Here you can see a perfectly executed succesfull cup and handle pattern. I bought in right above neckline (40300) and sold half of my position at TP1 (41300) and other half in TP2 (42100) The position is perfectly executed and was pinpoint accurate except 2 things. 2 potential things that could have been done to make the position more profitable were : 1 :...
The SPY if it can hold within this channel today and break out could target the upside of $493-$495 from now into next week leading to the FOMC.
Adam & Eve is a double bottom pattern. I think I see one here, but I don't have a lot of experience 1) catching these or 2) trading on them. I'm posting this less of a long call, but as an exercise to see how price action reacts at these levels. Sometimes price will confirm the double bottom then waffle up and down, forming a handle. When price breaks out of this...
Visa - NEO:VISA Earnings: Rep: $2.41 EPS ✅ Higher Than Expected Exp: $2.34 EPS Revenue Rep: $8.6B ✅ Marginally Higher Than Expected Exp: $8.56B 6 - 12 Month Trade A potential 29% relatively safe return for the 2024 year in this dividend paying, well performing blue-chip stock. c$2.00 per annum dividend per share . Monthly Chart (left) ✅ Long...
The Ethereum market, like any other financial market, experiences ebbs and flows, making it difficult to definitively declare whether it is "over." While periods of stagnation or decline may raise concerns, Ethereum and the wider cryptocurrency market have shown resilience over time, bouncing back from downturns. Current trends in Ethereum's trading patterns,...
We have a nice looking Cup with Handle on IBM and it's currently Challenging the $140 Psychological Resistance Level, if it can get above that i think we will see IBM's stock price push towards the $175-$180 measured move. On a side not i also believe the Dow will be the strongest performing Maor US Index and reach all time highs before any other index and that...
According to this plan, we wait when the price hits 187.8 to finish the bullish wave in the weekly frame, wait for the reaction in this area and enter the order when creating a bearish structure at H4, I expect and predict GJ is forming a pattern cup and handle. So my take profit levels are at fibo points respectively, it converges with this model, if this plan is...