Symmetrical tirangle pattern is clearly visible. Possible breaout direction is expected to be upside because of the general trendline. Fibonacci levels shows possible profit locations. Wait until the breakout confirms. Meaning at least 1 candle closing above.
Hello Successful Investors, The stock (VIVE) has been quite a controversial stock, as even though the overall performance (since it's IPO) has been quite alarming, their appears to be quite a hefty protocol in place to rejuvenate investor sentiment and stimulate company price. Considering the recent report of initial Quarterly Earnings, they do appear to be...
Good Morning, as we can see we have a catalyst on NASDAQ:BIDU , first time since it was listed to have losses, its at a nice pivot, below the MA's, and below the short sale restriction, i will wait 5-10 mins after the market opens and i will trade it to the short side (I am a short bias trader), i think we have 2-3 points of space to come down, if we can hold up...
Massive dump happened today. Everyone was expecting this. Question is how low can the BTC price go. Fibonacci level 38.2 coupled with huge support zone in 6800-6300 USD may hold the drop and reverse the trend once again to the bullish trend. If not level 50 in Fibo around 5800 USD should hold it.
daily chart based on supply and demand concept, we have broken trend lines in a sideways market. looking at fresh untouched supply above and demand below. we have tested supply in the middle but i did not want to mark it down as its not fresh.
After the unemployee rate and NFP data, we are waiting for a downtrend.
Hello Fellow Traders, The stock (INSY) has arguably caused an epidemic of media notice lately (Rap videos, 70 - 73% depreciation in price in one day, bankruptcy speculation, etc.) This would manifest a pivotal example to have price manipulation and various other tactics can protrude a company to remain in the public's eye for quite a duration. Always ( I repeat...
This time I give a shot at analysing price action in shorter time frame. We will one last time test the resistance and most likely will breakout from it. Next level will be our resistance and breakout level will be our support. Let's observe together.
Handle is being formed... Expecting a rise in few weeks. Price of VET could go up as much as the depth of the cup. Wait until the handle formation finishes.
Cup is formed. Now the handle is almost finished. We'll off to go to the 7.1-7.2 region where the depth of the cup finishing.
Hello Successful Traders, The stock (EVFM) manifested a strong positive (bullish) sentiment for the beginning period of May. Considering the heightened volume spike, quarterly earnings exceed expectations (Y/Y), technical trend lines presenting strong consolidation (for greater strength in upward penetration), and as well as numerous other implications (BB,...
Hello Successful Traders, The stock (WFT) manifests a downward movement as the investor sentiment appears to be (bearish). Considering the prevalent push towards an all-time, however, an imminent (reversal) upward trend may manifest within the upcoming months. Always perform a significant amount of due diligence and patience prior to entering a volatile...
Hello Successful Traders, The stock (RHE) is manifesting an immensely volatile pre-market (sporadic) fluctuation. The overall Market trend still appears to be consolidating (negative trend) to push towards the downside. Consider various variables that can influence the influx of PA (Price Action). Resistance Level 2 - (21.00 - 21.60) 60 cent interval Resistance...
Hello Successful Traders, The stock (GSKY) has released it's preliminary (initial) earnings report for the FY of 2019. EPS and revenue projections were missed (in-relation to Zack's prediction) and could further cause investor sentiment to be weary. Acknowledge that investor notions are always contingent and may react differently as opposed to the...
Hello Successful Traders, The stock (AMTX) manifests a hindsight view of (Bearish) sentiment, as the trend has been descending in value since early mid 2014. Considering the current uproar in PA (Price Action), an opportunity within the next coming weeks may present itself. (Await Confirmation Prior to Market Entry). Resistance Level 2 - (4.80 - 5.30) 50 cent...