Looking potentially another good setup to enter for a rip. Hope you caught the NASDAQ:IBKR yesterday 😉😄.
Advance Enzymes support 300 expected level 470 RSI above 60 D/W/M EMA 20/50/200
Link seems to have recognized its own potential after breaking below the beautiful ascending channel it created some time ago and exploring those levels for a while. It might be attempting to convey this potential to us with the Cup and Handle formation. The general target of these formations is expected to rise by the size of the large semi-circle we call the...
The market had a retracement-hopefully it was a retracement, and now it lighted it first white candle in 4 hr time frame. it may be early to make this assumption, but I will make it anyways. 15.935 is a critic resistance level. Below that level, the price is in process of making a cup and handle formation. I am expecting this formation to be completed before this...
On the above 4-day chart is a ridiculous prediction. Nonetheless, the foundation is for lack for better word is, solid. Price action has corrected almost 90% since the month of May 2021. A number of reasons now exist to be bullish. Those are: 1) The ‘incredible buy’ signal. Definitely not to be ignored on this time frame. 2) Price action now finds itself on the...
Probably. On the above 5-day chart price action has corrected 80%. A number of reasons now exist to be bullish, including: 1) The ‘incredible buy’ signal has printed. Do not ignore on this time frame. 2) Price action is currently on the 0.618 golden zone as measured from March 2020 bottom to the April 2021 high. 3) The Cup and Handle formation is text book....
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...
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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 :...