Daily double top setup. Swing hold for me. let me know you guys' thoughts. Ia m currently in a sell position
E-Trade Financial is looking like it is in position to confirm an inverse h&s after leaving a coiling down and touching the long term trend line. Entry would be after closing above 47.40$. PT 59$ and Stop 41$. Close watch, cause a lot trading in at 47$ No trading advice just my own research so analyze by your self May the markets be with you
Canadian bank stocks haven't really moved in 2 years. This consolidation has confused both bulls and bears, but it will come to an end by the end of this year (2020). Breaking above the all-time high will be a big buy signal, as it will indicate that the cyclical bull market is still intact. However, breaking below the major upward trendline will confirm a change...
ZEC is currently respecting the lowest candle body support level from Feb 23rd, 2017. Below it are two more levels of support, laid out in my other ZEC idea. HOW MANY COINZ HAVE 8.4 MIL CIRCULATING SUPPLY? What outcome do you expect?
Pivotal days could soon be upon us... ZEC/USD Macro Trend Analysis $22 lowest wick after initial release/dump. Candle body low was near $26. Which reverses into rally that takes ZEC to around $850. At the peak of that rally, ZEC had a candle reach from the local high (near $900) to the ALL TIME LOW @ $8 Did we bottom in December on the candle body support...
One of the massive mistakes I see constantly people making is to take one data point and conclude an outcome. This has been going on for 11 years now all over social media. This chart is no different it does not mean much without further accumulation of other data points in conjunction to reach a likely outcome. So please use this data appropriately. Definitely...
Hi, AUDUSD has started to reach to the high-probability short-term reversal area. The price increase has been pretty amazing so, a bearish candlestick pattern inside the marked area is definitely needed. Criteria: 1. 2x AB=CD 2. Channel projections crossing area 3. 2018 low should act as a resistance 4. The round number 0.70000 5. Fibo Extension and...
Hi, Equinor ASA , an energy company, explores for, produces, transports, refines and markets petroleum and petroleum-derived products, and other forms of energy in Norway and internationally. Fundamental pros: 1. Trading below its fair value. 2. Good PE and PEG ratio. 3. Earnings are forecasted to grow. 4. A lot of insider buying. Technical pros: The...
Hi, Lerøy Seafood Group produces, processes, markets, and distributes fresh, frozen, and smoked seafood products in Norway. It shows pretty good value numbers, it is way undervalued, insiders (CEO) have bought the stock recently (actually yesterday) and etc. Fundamentally, Lerøy Seafood looks quite good and most importantly, technically as well. There is a ...
Hi, Wärtsilä is a Finnish corporation which manufactures and services power sources and other equipment in the marine and energy markets. The core products of Wärtsilä include technologies for the energy sector, including gas, multi-fuel, liquid fuel, biofuel power plants, energy storage systems and technologies for the marine sector, including cruise ships,...
Hi, Background Information Tallinn Department Store (Tallinna Kaubamaja) is a renowned trade group in Estonia. Its history dates back to 1960, when Tallinna Kaubamaja was opened. Over several decades, the two department stores in Tallinn and Tartu have grown to become the largest retail group in Estonia. Kaubamaja has retained its image as a beloved, valued and...
Hi, In this pretty quiet time, I would like to give an overview of what does I see and what I expect from the market. This week we got a pretty nice pump upwards from the slightly expected area. As always we needed confirmation, we got it (Morning Star candlestick pattern on 4H) and 10% was pretty easily doable. Now before Christmas, I would like to give a slight...
Hi, It looks like I can make another post before Christmas because my previous idea has started to work pretty nicely. As promised, I make an update if it happens and currently, the Bitcoin price has started to approach my mentioned key area ~$8,000. At the moment, we are quite far from it, actually not so far but still, we have time to prepare for the next...
Hi, Another stock idea, they have been pretty accurate so, let's hope that the pattern doesn't change :) Teleste Corporation provides video and broadband solutions, and network services in Finland and internationally. I have great news for investors because it starts to approach technically a good rejection area, plus - Teleste trading below its fair value and...
The Istanbul Hard fork is scheduled to happen this Saturday. This will allow transactions per second to climb from 15 to 3,000! Combine that with the fact that the DEFI space is growing exponentially and we're looking at formula that could very easily break us out of our falling wedge and to the top of the upper end of the trade channel. 1. Count down...
Hi, Aurora Cannabis Inc. produces and distributes medical cannabis products. Obviously, it has some mixed fundamentals but technically it may find some buyers around 2.00 - 2.50. Technical criteria are pretty strong, some of them are a bit subjective but in general, we have a strong crossing area. The green box consists of: 1) 2016 & 2017 high/resistance...
Hi, S&P 500 (SPX) has reached inside the area where it may make a correction after 6 continually bullish weeks. Technically, I did everything I could to determine the area which can act as resistance (it is difficult if the asset makes all-time highs), it consists of: 1. 3x Channel projections. They all should work as resistance levels. 2. Minor trendline...
Hi, It is hard, it is really hard to find something good and shareable but every time I'll try to come up with an area that may help you or may play a role in the further price action. This time, I'd like to trade it myself. Obviously, there are some certain rejections that I need to wait for because of lack of my "bread-and-butter" criteria but in general, it...