long on this. after we break resistance gap fill. initial pt 25. leaps will do the job
gap trading bit setup needs confirmation and to be adjusted if pice rises.
H&M has been up 9,61% in average ten days after a low point far away from the ma200. The 9,61% upside target lays also at the 50% gap line which makes it a reliable target. MACD and Stochastics is also indicating on a upside. Happy trading!
Price broken below 159.99 level, after showing indecision... Expecting an exsplovie move back to 158.11 area 200+ Points 1:2 + further targets?
What we have here is a double top at gap fill level while RSI is pointing downward. I think this is a great short opportunity with the whole sector being in a downtrend.
Strong divergence on H4 chart. I will sell on the fill of tiny gap made on H4 chart 21FEB and manage the trade with targets down to the 50% fib of the last swing low. LO 2.0061 TP 1.9103 SL 2.0183 Trade with caution using your own strategy and within your money management limits.
Facebook has dominated, today is their 4 year anniversary of their IPO...they have not added LIVE video this is the future. I am in on FB and think long term this is a big winner. You can look for buy opportunity around the up trend line. Use the weekly chart to find that area and look for corrections to ad to position or wait until it collapses. Remember this...
All you EUR Bulls will like this one :-)
People will laugh at you if you say $75 as a price target for AAPL-3.06% . But there are some good technical reasons to believe it might happen, outlined in this chart. WE have an unfilled gap at $75, and a confirmed H&S top with a technical target that takes us to the gap. Sentiment has turned and while a move to $75 would be extreme for such a profitable...
EDIT: sorry if the on chart text is small - essentially from left to right the text boxes on the chart say, 1) observe the gap 2) We assume the spike down in Sep is anomalous 3) Downward price target of H&S is the distanceof the neckline to head 4) NEckline retest confirms the pattern People will laugh at you if you say $75 as a price target for AAPL. But there...
Do you believe the EURUSD will begin to tumble down as well? Read text in above chart to see why i think the EURUSD may hit rock bottom. -no profit targets or stop losses -this is also not a signal -if trades are taken based on the above analysis do not risk more than you can afford to lose.
Hey, I would like to demonstrate the power of D-levels here. Take note how the COPs and OPs here gave good bounces and with that good chances to enter short again into the main Trend as shown in weekly and monthly chart. Also note how the recent COP gave almost no resistance and this is a very nice sign that Price should continue rather quick to the next Target....
GBPCAD: Reentry after Monday GAP. Entry at 38.2% fibonacci level. SL is ATR.
good volume gap up get our book on amazon to trade next day gap opening money flow good good earnings macd crossing j hook pattern weekly above cloud