ADR entry with two upper targets. Once it reaches orange zone: Check RSI for any possible bearish reversals. This strategy reaches to the green zone then moves to the downside.
This trade idea is intended for short trades yet reads long.
It doesn't look good for AMC or any stock that is showing negative revenue. Fed is keeping the growth stocks and high-value tech sectors up while other struggling companies are dying to inflation and high rates. I think AMC will get the short end of the stick and continue to go down like it always has been in the past 3 years. It will bleed down to $2 by June if...
NIO - Chinese automaker
Fundamental
According to carnewschina.com in Q1 2023 year NIO sold 31,041 EVs - 2.46% only.
"Nio is currently having difficult times in China. Because of the price war, its sales declined, resulting in a noticeable revenue decrease. So, Nio was forced to also join the price war by cutting the cost of every model by 30,000 yuan (4,200...
It's a rare occasion when fundamentals and technicals align, and we might just have a compelling case here. Carvana stands out as one of the most heavily shorted stocks in the market. The company has been in the red for quite some time, and this quarter was no exception, with a loss of $1 per share, falling short of analysts' expectations on both EPS and revenue...
This forecast is provided solely as an educational guide and is not recommended for making buying or selling decisions. Please carefully assess your decisions before taking any action.
If you agree with me, please like this forecast.
Bullish Engulfing on a 4-hour TF. I added a price range blue arrow into my indicator to measure BTC volume trend which reads positive 9.34%. Once it reaches the top wedge trend line threshold, will begin the move to the downside unless there's a breakthrough.
BULLISH BE has a measurement. Engulfing has been decoded to reveal its hidden message.
View previous...
RTX has earnings on April 23rd. It has been on a good trend higher since the last earnings. The
Russian war means US defense contractors will be in a growth mode for the intermediate
future. Depleted stores of weapons systems need to be replenished. Pieces and parts are
needed for damaged systems in need of maintenance. I see RTX and others such as GD and...
GROY does mine rentals as its business ( royalties) it collects rent in gold or gold ore. Business
has been good the recent earnings report was a beat with guidance for significant increases
in revenues in the near and intermediate term. Volume and price product ( PVT) is rising.
The MFI+RSI+ MOM shows all three measures as bullish. I will initiate another...
Volume reversal shows a move to the upside. Hanging Man has been winning BULLS territory. 1WK TF almost over, about 2.5 hours left to complete 1WK TF.
I’ve made an agreement between me and another trader.
Before ATH:
FOREXX: BTC will NOT fall below $40k
HoleyProfit: BTC WILL fall below $40k
Although I did mention, BTC should not see below $60k although HM has...
PG on the weekly chart gained 15% in a year and had a dip in the past two weeks with earnings
at the end of this week. PG persistently and consistently beats earnings estimates and pays a
dividend. Moreover, it consistently has a bit of a surge after earnings. I see this as an
opportunity to get a good stock on a 4% dip of a discount and hold it through...
NASDAQ:NVDA is over-speculated on the short-term and intermediate-term trends. It has minimal support nearby for holding for a position trade.
Without retail groups or smaller funds, the price action is weakening at this time. Nvidia doesn't report until May 22 which is very late in the season but for now, it has some minor rotation going on.
If it continues...
Here is a possible double Top, I have no doubt this will hit target but since BEARS and BULLS are still at war, BULLS can void out the double Top from the zone area $69,215 or somewhat below.
$67,630 is target but as always smart money may bring it down to $67,300 to trap many to think there is no double top and BTC is on crash mode.
Once MW pattern is...
Earnings Outlook:
Analysts are projecting earnings of $2.64 per share, a slight dip of 1.5% compared to the previous year and with revenues estimated to be around $21.38 billion, marking a 13.6% decrease year-over-year, there are certainly some intriguing dynamics at play.
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I'm...
DDOG on a 120 minute chart is breaking above narrow Bollinger Bands as they begin to
release the squeeze. The relative volailitiy indicator shows red to green and increasing
volatility. The price volume indicators show the bullish trend while the TTM squeeze
just signaled green. I will tkae a long trade here focused on the price action leading to...
Heiken Ashi has displayed a color which I’ve names the morning stars. They have different sizes and are in color bright blue.
My morning stars has a tendency to foresee a bullish bull run up ahead which indeed has been reading that.
Works 90% of the time. So don’t judge by the cover, let’s read the time frames
This is part of my algorithm
MCK is a large cap medical supply company- it has experienced respectable earnings reports
and steady growth as medical entities including surgery centers and hospitals are busy catching
up on electric surgeries from the COVID era. It is rising ar or under the second upper VWAP
line. The dual time frame RSI indicator ( by Chris Moody) shows that every time the...
NFLX has added 20% to price in the two months since the last earnings which were decent
but not remarkable. The 2H chart shows a dip of about $20 per share coincident with a fall
from the second upper VWAP line to support from the first upper VWAP line. The zero lag
MACD shows line rising over the horizontal zero level in perhaps a sign of bullish...
