The KBE ETF, which tracks an equal-weighted index of U.S. banking stocks, has been rising on a very steady 1M Channel Up since the 2008 financial crisis and has recently rebounded on the latest Higher Low (RSI = 50.776, MACD = 0.640, Highs/Lows = 0.0000). This presents a good buy opportunity on banking stocks, which are expected to outperform the market in the...
Hello Successful Traders, The stock (APHA) has represented a negative (bearish) trend continuation within the previous year or so (since Jan 2018). There is a viable positioning aggregating to acknowledge that the direction of current PA (Price Action) will push south even further. Await confirmation prior to entering the market (as this may represent a falsified...
Hello Successful Investors, The stock (INFO) will be releasing its ER (Earnings Report) today (April 12th). Considering the positive information (upside of 10.4% according to Yahoo Finance), there is a viable opportunity to believe that will be a push towards (bullish) territory. Be aware of various market markers and their ability to fluctuate PA (Price Action)...
Hello Successful Traders, The stock (APOG) appears to be gathering momentum for a temporary pullback (bearish) within the up coming days (and weeks). The Overall PA (Price Action) of the stock is arguably entering a negative trajectory and could attest all time lows within the future. (Await Confirmation Prior To Entry). Always allow price action to dictate...
GOLD has just broken the support and is located in zone 1307.30 we are already expecting to reach 1300 to see if it will break and this resistance to further
Hello Successful Traders, The stock (DAL) has manifested a volatile move within today's (April 10th) fundamental release. Acknowledging the release (positive), followed by an immediate (almost) bearish movement. To numerous traders, this ideology of direction may be quite concerning as many indicators (approaches) had proved sufficient approval for a movement...
Hello Successful Traders, The stock (NBEV) has none-the-less manifested a northward (bullish) spike in price action. There is a plausibility to acknowledge a position (breakout) forming within the next couple of weeks. Awareness of fundamentals and current market trends is salient in-order to identifying a proper enter (and exit) point. Resistance Level 2 -...
Hello Successful Trader, The currency pair (USDCAD) has an overall trend of a positive (bullish) PA (Price Action). Within the next coming months there could be further confirmation to acknowledge that the pair will infiltrate through Resistance level 1 and Re-test Previous all time highs. (Be cautious as there could be trend transfer). Further analysis and...
Hello Successful Traders, The stock (ATAI) has presented a modest growth in price value throughout the last couple of hours. The overall trend of the equity (stock) appears to be negative (considering since Mid 2011). There has been an immense consolidation between price levels (7.00 - 2.00). Be cautious prior to entering such a volatile market. Resistance Level...
Hello Successful Traders, The stock (PSMT) will be releasing Q2Es today (April 9th). Considering the prevalent breakout towards the downside (be cautious), there could a further push (trend continuation). Acknowledge that while fundamentals are a viable approach to entering and exiting the market, it is still an immense risk (so utilize a viable risk management...
Hello Successful Traders, The stock (WDFC) will be announcing today (April 9th) their Q2Es. The saliency of this release could manifest as to whether the PA value will attest current structure (trend) highs, or begin the journey of heading south. Be diligent and generate further analysis prior to entering the market (trade). Resistance Level 1 - (187.95 -...
Hello Successful Traders, The stock (SJR) will be releasing its Q2E (Quarterly Earnings 2) tomorrow (April 9th). Considering the prevalent consensus that the (share) will evidently perform well (according to TradingView). The price may witness a northward trajectory for tomorrow. Be diligent and acknowledge the volatility of market PA (Price Action). Resistance...
Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current price for buy.
Hello Fellow Traders, The stock (SPI) appears to be experiencing a sudden surge of PA (Price Action). However, the current price is attempting to infiltrate Support Level 1. (Wait For Correction, and Enter the Market Accordingly). Resistance Level 1 - (7.15 - 7.45) 30 cent interval Key Price Zone (KPZ) - (5.10 - 5.35) 25 cent interval Support Level 1 - (3.60 -...
There's a bearish Harami on daily. Education(HARAM): This pattern consists of a white body and a small black body that is completely inside the range of the white body. If an outline is drawn for the pattern, it looks like a pregnant woman. This is not a coincidence. “Harami” is an old Japanese word for “pregnant”. The white candlestick is “the mother” and the...
Hello Fellow Traders, The current pair (USDCAD) appears to be forming a viable setup for a long (bullish) position within the next few days (2 - 3). Be considerate of the RSI readings, as there a correction may be prevalent prior to the setup. Resistance Level 2 - (1.34515 - 1.34545) 30 pip interval Resistance Level 1 - (1.33740 - 1.33765) 25 pip interval Blue...
Hello Everyone, The Stock (XSPA) appears to have been consolidating for more than a seven-month time frame. Indicating strong breakout patterns may be in the process within the upcoming months. The RSI is presenting an oversold threshold, which could imply a potential long (bullish) position for the short term (4hr, 1hr, and so on). The stock has been in the...
Hello Everyone, The stock (SIRI) has quite a significant uproar in (bullish) demand, as there still appears to be room for more upward momentum throughout the next couple of days. Resistance Level 1 - (6.05 - 6.25) 20 pip interval Blue Horizontal Line - (5.75 - 6.00) 25 pip interval Support Level 1 - (5.45 - 5.70) 25 pip interval PA - (5.70 - 5.85) 15 pip...