You know I like to keep things simple
I just trade on Price Action.
Airline stocks are still risky but it's worth a shot here.
As you can see 19-20$ is holding as support.
For me that's a buying opportunity.
Below 18.30 I would cut it
I'm going for a HH here so $30-31 would be my target
What Is the Cboe Volatility Index (VIX)?
The Cboe Volatility Index (VIX) is a real-time index that represents the market's expectations for the relative strength of near-term price changes of the S&P 500 index (SPX). Because it is derived from the prices of SPX index options with near-term expiration dates, it generates a 30-day forward projection of volatility....
NSE:BAJAJ_AUTO Making Higher High & Higher Low on weekly chart. Stock is suppose to bounce back from recent swing lows which is around 200 Day EMA.
We are recommending to buy stock around 3850 levels with Stop Loss of 3700 for the target of 4300 which near previous swing high.
* Exceptional earnings year over year
* Very strong up trend
* Breaking out of a 4 month consolidation period with 63.09% more volume than average
* Pays out dividends with a Payout ratio of 44.50% which means that the company has a lot of room to grow further and possibly increase dividends as well!
* Probable ROI is 12.98% if the trade goes in our favor
GBPUSD. Enter on a price action signal at the horizontal support level and EMA 10 EMA 20 level. There were three or four higher lows that occurred prior to the breakout of the horizontal level. The horizontal level has three or more touches.
Bottom has formed on $VISL w/ bullish PA showing 3 higher lows.
TP levels are not 100%, but outline where I have set my long term views at. These are heavy resistance levels so I will base position decisions off of price reaction.
The pair has been creating higher lows and higher highs on the 4H timeframe. Quite simple analysis as I prefer to keep it as simple as possible. So I am bullish on the pair.
Will update as time goes on, stay tuned!