TA -120EMA Support. High volume at $62 level. - Early May 2020 shows double the volume from the previous highest volume day= Institutional accumulation. Average volume 2.8M. May 5th volume : 38.5M - Distribution volume slowing down - RSI reversal - MACD golden cross - Strong relative strength FA, - Integrated platform = Chegg study+ Chegg Writing+ Chegg Math...
Hi guys, to be consistent trader and successful trader, first you want to have a mindset of a beginner, willing to learn back from the basics The mindset of you dont know that thing and by that your curiosity pushes you to learn things to decode that scenario. Always remember that there will always room for your brain to relearn again ang again. Happy trading everyone
HI TRADERS! This BTC support Area is strong so far and when RSI help it, gonna be good sign. A strong support {9800-10000) kept btc above support area and couple times Bitcoin touched it,as price action aspect we can say many buy orders triggered in this area which push btc up 200-300$ anytime therefore it is important support because of technical and Psychology...
FLDM hourly chart. Just wanted to publish my chart before it gets cleared, lol. I think I see a rounding bottom on this sucker. Also potential gap above. Blue lines are what I think are res points. I have short term and long term fibs showing, hopefully charted properly. The candlesticks are Heikin Ashi. The candle filler-colors are representative of...
This is one of those trades I wish I could have put more into. Excellent climb thus far. Just wanted to update and say even though I moved my price a little higher to take a larger return (.01) to (.02) I’m still getting a good run. How are you all doing with this trade so far? Are we all in profit?!
Broke out over the resistance and the CM guppy has recently flipped to a confirmed uptrend. Would like to buy an ATM call option in the 1-2 month range on the retest of the resistance, or the 200MA if it breaks down further.
POSITIONAL: Good BUY CMP 876 Tgt 920-930 SL-833
NYSE:CHGG With students most likely sticking to a completely online course load this fall, CHEGG will be highly utilized for homework assignments and exam prep. I expect this stock to be close to a $200 stock by year end. First PT is $170.
COINBASE:BTCUSD If you followed my last idea you'd have sold at price rejection w/ confirmation and also looked for pullback buy zone, leave a like and happy trading. You might ask why the Neutral outlook? Well because you can get paid both ways following the market trend, sell at price rejection with confirmation and buy on pull back buy zone. Don't be greedy...
If you checked my previous ideas I have been following this closely and was breakthrough 1889-1890 resistance. Now 1902 is the next target inbound to 1918 zone. Make sure to switch between all time frames for more stronger zones, 1H-4H and Daily, Overall Gold is Bullish. If the Fundamentals allow it, there wont be any retracement unless the good news: Covid-19...
As I mentioned, a stop hunt and classic pullback scenario occurred. Now we retraced to 38% on the Fibonacci and key levels were tested all the way from 1981 to 1900s. As it stands gold will continue to test resistance at 1941-61, before any further action can be taken. Always wait for confirmation my friends, do not allow FOMO (Fear of Missing Out) to blow your...
hello!! in my view dlf will retrace a bit till 134 if it will sustain below the trendline for some candles but levels like 143 and 147 can be seen easily if breaks out and sustain since it is also showing the double bottom pattern. #learner #my_view
OANDA:XAUUSD If you haven’t read my previous ideas, please do so it will help understand where we are with gold. As tensions rises between USA and China, gold is getting the necessary bullish boost. I'd appreciate a like and follow as it motivates me to continue to post. DXY is taking a dive as of now due to COVID-19 and current events as mentioned above....
hey!! lets see how this will move my view is that it will gap up a bit till 543 and then 550 but lets see
Reason for Entry (R/R) : Daily-Bullish 4H-Bullish Confirmations: Break of 4H Resistance and Retest structure forming, 4H Fib rejection of 61.8%, 1H Structure being held @ 50% Fib Level, 15m HH and HL being formed. Buy Stop Set at 41.4 (Twin Trade 1:2, 1:3) Outcome : SL Hit. Looks like buy entry was too early. Setup should come sometime this week. UCAD making...
hello!! PVR is on the lower side due to the lockdown but the stocks are generally not moving the way they must move so ....... now buy above 1148 and sell below 1137 ..... trade only after confirmation i.e after the candles sustain above or below according to the condition. #my_view