On this Weeklty SPY ETF chart (SP500 Proxy), we see the upper trendline on the bear trend (yes i made it green sorry) is being tested and spiking it again. This has repeatedly resulted in a rejection. CPI came in sorta inline which gave a little boost this week, but bank earnings disappointed when you look in the line items of the reports. This is an inflection...
Solana is a good project but suffers from many technical issues.
Plus, the known issues with FTX.
The sub-$20 target I set in June has been reached, so the next one is below $5.00.
I'll invest in SOL only if they solve all the problems.
we broke our support around the 4.26$ , now is our resistant , if we still trading below it, and below our desnding line, we will seee the shorth drive the price untill around the next support above the 3.50$+, and the only level for squeeze is above 5.81$+, we need to break it for us to go over the 10$.
Hecla Mining Company
Short Term - We look to Buy at 3.87 (stop at 3.42)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Previous resistance at 3.90 now becomes support. Dip buying offers good risk/reward. Further upside is expected.
Our profit targets will be 4.85 and 5.00
Resistance: 4.90 / 7.50 /...
EURNZD
Intraday - We look to Buy at 1.6832 (stop at 1.6798)
Price action has broken from the previous formation. There is no clear indication that the upward move is coming to an end. We look to buy dips. 20 4hour EMA is at 1.6830. We are trading at overbought extremes.
Our profit targets will be 1.6926 and 1.6946
Resistance: 1.6920 / 1.6950 /...
Sonos Inc
Short Term - We look to Buy at 15.55 (stop at 14.55)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. There is scope for mild selling at the open but losses should be limited. Support is located at 15.50 and should stem dips to this area. Dip buying offers good risk/reward. Although the...
Abbott Labratories
Short Term - We look to Buy at 105.03 (stop at 102.52)
Buying pressure has confirmed an initial rejection from the approach towards the key psychological level of 101.21. This is positive for sentiment and the uptrend has potential to return. There is scope for mild selling at the open but losses should be limited. Further upside is expected...
broken down today finally buy the dip starts in silver from 17.50 my yesterday published idea for silver just have a look
happy trading
only if it was this easy
EUR/SEK
Intraday - We look to Buy at 10.5061 (stop at 10.4794)
Preferred trade is to buy on dips. Prices have continued the bullish move higher and resulted in 5 consecutive positive days. There is scope for mild selling at the open but losses should be limited. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back...
Target
Short Term - We look to Buy at 171.59 (stop at 159.63)
This stock has recently been in the news headlines. Price action has broken from the previous formation. A weaker opening is expected to challenge bullish resolve. Neckline support is 170.00. Further upside is expected although we prefer to set longs at our bespoke support levels at 170.00,...
GBPJPY
Intraday - We look to Buy at 160.40 (stop at 159.50)
We are trading at oversold extremes. A higher correction is expected. Although the anticipated move higher is corrective, it does offer ample risk/reward today. We look to buy dips.
Our profit targets will be 162.20 and 165.65
Resistance: 162.20 / 165.65 / 168.70
Support: 158.70 / 155.60 /...
USDJPY
Intraday - We look to Buy at 136.03 (stop at 135.42)
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. There is scope for mild selling at the open but losses should be limited. Prices expected to stall near trend line support. Dip buying offers good risk/reward. Further...
USDJPY
Intraday - We look to Buy at 135.52 (stop at 134.72)
Bespoke support is located at 135.50. Price action continues to gravitate towards crucial support levels with aggressive selling interest. Support could prove difficult to breakdown. We expect a reversal in this move. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move...
Carnival looking ripe for a lucrative daytrade from that 9.60 zone.. At the open if we dip Il buy it at that zone but if we have good volume on 5 min candle as well without dipping il buy again....Could be a good R.
EURJPY
Intraday - We look to Buy at 140.75 (stop at 139.60)
Selling pressure from 142.79 resulted in all the initial daily gains being overturned. The current move lower is expected to continue. The bias is still for higher levels and we look for any dips to be limited. We look to buy dips.
Our profit targets will be 144.10 and 145.00
Resistance: 145.00...
Hello everyone,
Today I present you the last shopping zone, which will be a great opportunity to load your wallets.
The zone is between $ 32k and $ 28k. Possible presence of quick candlewicks.
Of course, they will delete the remains of people from the street who bet with a large lever without thinking about the risk associated with it.
After the situation...
To those looking to start a long position in $BLNK, today presents us with the perfect opportunity to do so!
We're currently sitting right at a very strong demand zone which has held strong for over a year! This setup is invalidated with a close below demand.
