As always make sure stops are at break even if you took buy trades, price is in an area of 2 key levels as highlighted and can do anything from here... (create a right shoulder for a short) or ( continue long term continuation to the upside). I believe price will be slow and will be waiting for a reaction to the fundamentals before giving a clear direction!
Price making a bulish flag and possibly bullish rally . trade entry and tp and sl mentioned in chart
Dynatrace is back in it's consolidating phase similar to 2020 after the May shake out. An idea is to go long with a break below support / the box a stop with first target the upside 44 zone. More upside implied with a Darvas box breakout . DEC bull risk reversals bullish option positioning bolsters the idea of upside in the coming months. Interesting...
Looking at price making a rejection from the buy zone highlighted to at least take out the level of 1.47000. If entering this trade Ill be taking 50% profit at the resistance of 1.47 but hopefully we can see a trend continue to the upside!
Analysis: - Trend Line - Support & Resistance - Supply & Demand T1: Target 1 T2: Target 2 T3: Target 3 R: Resistance S: Support Rocket Ship / Green Trendline: Breakout Opinion: IMX will rise over the next few weeks/months
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, Africa, and Latin America. - BERKSHIRE HATHAWAY (Warren Buffet) is acquiring shares - Expected earnings and revenue beat - High oil prices - High volume - Above 200 EMA
XOM - Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and internationally. - Revenue and earnings beat - Higher oil prices - High volume - Above 200 EMA
Chevron Corporation, through its subsidiaries, engages in integrated energy and chemicals operations worldwide. - Revenue and earnings beat - Higher oil prices - High volume - Above 200 EMA
ETHUSD long idea until 2524.64 from: 1401.13 (or around that price doesn't have to be 100% on the dot) as long as it hits the white diagonal line. SL:1147 TARGET: 2521 FROM: 1401 STOP LOSS: 1147
Gas is looking very good Pros: Technically strong High volume Winter demand for Europe Cons: Wheat like deal with Russia can result in price drop Risk management: Use stop loss and manage your risk ETF: NGAS BOIL (3x exposure with high risk)
Clene Inc., a clinical-stage pharmaceutical company, focuses on the discovery, development, and commercialization of novel clean-surfaced nanotechnology (CSN) therapeutics. CLNN broke resistance Above 200 EMA
Dorman Products - DORM Consumer Cyclical Auto Parts USA Dorman Products, Inc. supplies replacement parts and fasteners for passenger cars, light trucks, and medium- and heavy-duty trucks in the automotive aftermarket industry worldwide. - High volume in stock - Crossed 200 EMA - Next earnings date - 25 Jul 2022
Target Hospitality - TH Consumer services Hotels/ Resorts USA Target Hospitality Corp. operates as a specialty rental and hospitality services company in North America. - High volume in stock - Crossed 200 EMA - Higher outlook for Q2 - Next earnings date - 16 Aug 2022
Canoo Consumer Cyclical Auto Manufacturers USA Canoo is a mobility technology company, designs, engineers, develops, and manufactures electric vehicles for commercial and consumer markets in the United States. - High volume in stock - Crossed 100 and closing in on 200 EMA - Next earnings date - 15 Aug 2022
longing from 1980 until a potential small rejection off of 2020 Another possible entry if correct would be the retest at 1994 once structure has been broken. and then continue the long position until 2164. ENTRY: 1980 (now) TARGET: 2164 SL: 1943
Pfizer has ER next week and 5/20 calls sweeping today Technically it looks like we can get a run up to ER , as PFE is at trendline support and possible "fill out" of the triangle pattern Any run up will capture some gains, will trim position and leave a few runners for ER. Sweeps were 55.5 and 57 strike which are pretty far out the money, worth noting. Could...
At the time of writing this I'm still bearish on the lower time frames but we are now seeing price push into an area of support of 0.7 and is well overdue for a correction back the the upside.
ASIX with a close above the resistance line at $50.5 zone and support at 30day MA , leads me to believe we turn higher after cooling off from the 33-57 leg Oscillators are turning with good volume and relative strength in a weaker tape market. In the resin / fertilizer basic materials space, LWLG another name also with a bullish chart IMO. Keeping this one...