2 inside day candlesticks are forming in ZM as a coiled spring is forming on the lower timeframes. ZM has not participated in the recent market bounce and seems to be acting inversely to the action. Watch ZM to start breaking out today or tomorrow above 147.
Long @ 147
Stop Loss @ Below today's low.
Target @ 180
ZM has been gaining a lot of attention lately due to COVID-19 and the rising demand for online conferencing programs. ZM had recently broke out but has been relaxing for the last 3 days after reaching a high of 164. The last 2 days, ZM formed inside candlesticks on the daily chart indicating that a breakout may be imminent.
Following yesterday's post on ZM,...
ETH USD UPDATE
Our last comprehensive breakdown of ETH USD was posted on posted on the 15th of January and we outlined that after a break above the 175$ resistance level, we should expect price to rise to 199$ and 230$ respectively. We gave another interim update on the 21st of January advising those that had entered the ETH long position after spikes to 180$...
hello. watch this inside bar for a potential reversal to the upside. or to the downside as a sell setup.
make sure you know how to trade that candle stick pattern and make sure ypu know how to calculate risk / lot size before executing any trade.
tarde at own risk. this is not a trade call. have a nice weekend. and rock on!
For a very long period of time NYSE:COTY was a troubled company with deteriorating fundamentals.
However, right now, it is trying to transform itself and improve both financials and position in the market. Top management really believes in turnaround, insiders purchased around $100 million in stock last year!!!
And now it looks like stock might be finally ready...
Small- and micro-cap stocks trading near their 52-week lows tend to outperform the market in January. One of my preferred picks to profit from the "January effect" is Limbach Holdings. Now far off its 11-dollar highs earlier this year, LMB has some upward momentum in both its share price and its analyst ratings. Expected to greatly improve its earnings in 2020,...
CREE has formed a symmetrical triangle pattern going back to the early September low. The price just broke out of the pattern yesterday & is continuing the move today. There was also insider buying by one of the directors yesterday, for those who pay attention to that.
The price target for the pattern breakout is $60.
Looks like there was a massive volume spike out of nowhere and with no relavent shift in momentum when it occured. It was out of the blue which to me seemed a little strange at the time until I got an email this morning stating that OMG would be added to Kracken... Then I remembered.... Nothing happens by accident... May keep running but Im not going to chase it....
UnitedHealth Group has had an incredibly strong showing this year, and right now it's priced pretty attractively at oversold level on the hourly chart. On its daily chart it's at RSI 38, nearing oversold (RSI 30) but not quite there yet. It also hasn't yet tested its August low of 220.78 or its one-year lows of 208.07 and 216.84. I suspect we'll get a bounce...
Clear 4h 50 EMA & Ascending TL rejection to take lower, which intake was a perfect time when NFP came out to be the catalyst to move Gold up for a simple pullback on a 400-500 downside move, which was another great short entry for gold to take from 1524 to 1504 for 200 pips. Gold Rejected 1H 50 ema, silver aligned well with this too.
Red Rock Resorts owns a majority indirect equity interest in and manages Station Casinos LLC ("Station Casinos"). Station Casinos is the leading provider of gaming and entertainment to the residents of Las Vegas, Nevada. Station Casinos' properties, which are located throughout the Las Vegas valley, are regional entertainment destinations and include various...
Reliance Chronology of Insider Trading
August 07, 2019 Wednesday: On it made its low and closed around 1110,
August 08, 2019 Thursday: Reliance Gains 4% (13M vol) ~1500Cr @ median price of day
August 09, 2019 Friday: Reliance Gains ~1% (10M vol) ~1100Cr @ median price of day
August 10, 2019 Saturday: Market Remain Closed
August 11, 2019 Sunday: Market Remain...