Basing above multiple levels of short and long-term support. Consolidating in a tight box. Target outlined.
Volume, technicals, and fundamentals are all on the side of a breakout here.
A (Agilent Technologies) is a good company with a healthy balance sheet. If you believe in Dow theory, you'll probably invest in this stock. The price action shows 31 & 23 months strong support levels. Here is a full plan to invest in "A". I am going to invest my $XXXXX.XX. I'll buy 30% of X amount @ $82 40% of X amount @ $61 15% of X amount @ between $96 to...
entry sell after Dow sell setup form nicely and sideway in zone.
my sell zone. GU based on alligator, sell for short period and buy for long term.
The technical chart of the stock shows a remarkably volatile price action in the last 10 trading weeks with huge appreciations and even steeper declines. Tesla’s stock has always been considered as a rather speculative play for growth oriented investors, thus people who are familiar with the stock are no strangers to volatility. However, the moves that we have...
DTX is tracing the early stages of primary wave 3 down that should push pri es to levels below 650. If price crosses up 872 this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
In my last analysis, I warned about the movement SPX was doing, which was very similar to the last bear trap I also warned here. I’ll put the links to my previous analyses bellow, and I invite you to follow me to keep in touch with our trades and analyses. It was a perfect déjà vu. Again, I saw a lot of people calling it a short trade, but we knew we should be...
What the chart can tell us about the future of BTC? There’re a lot of theories surrounding the crypto, and most of them are positively promising, and these theories are gaining strength now, specially with the halving coming this month. For instance, we have models that can be used to determinate the Bitcoin’s value, like the Stock-to-Flow model, which I find...
In the current climate, trading alts is risky, but then when isn't it risky? For those that are risk-on.. ALGO looks interesting to me: Bounced off long-term support Has made a couple of higher highs and higher lows (Williams Trailing Stops) 8/21D EMA bull cross (Exponential Moving Averages) Solid green daily trend for the last 3 weeks (Price Action...
Primary trend is downtrend and the price now make a secondary uptrend, according to EMA 22 the price is at dynamic resistance and will bounce to continue bearish,after that i found pennant pattern that will make price to continue bearish, for target price I'm using Fibonacci retracement at 1.618 golden ratio
Catalysts for bull runs have been seen including symmetrical triangles, and three clear bullish divergences. A broadening wedge within a broadening wedge is present, these 52% of the time (according to bulkowski's chart patterns) result in a breakout downwards. Most often this chart pattern is found in bull markets. A clear cut case is the DOW. Going off purely TA...
Using only one tool with 4 clicks (4 anchor points) so much can be understood. Open you mind to more than simple trend lines and chart patterns and take your TA to a whole new level.
Not only can you use a gann fan in the upward position to help identify targets above, but it can be used in a downward position to help identify areas of resistance and to help predict runs out of a downtrend. The vast majority of the time when a stock passes through the last fan angle there is a significant run. Additionally, the vast majority of the time,...
The purpose of my post is not to teach anyone this method nor prove its success - I don't have the time. I am simply throwing out a bone to 99% of people on here whose thinking is limited to individual trend lines and patterns. These have their place however they are not the full story. Anchor points are almost always the low before a run and the top of the bull...
In Dow theory is simple method to see price direction waiting to buy from demand zone for short term TP
LTC is a tricky one to predict. Consider that LTC has been leading the way earlier this year and not BTC. Although BTC gets the news, LTC was usually the first to move (pump) with BTC then eth/alts. LTC topped out June 22 '19 with BTC following June 26 '19. While BTC is playing more of a traditional DOW theory thus far (and I use traditional in the loose sense...