$GNRC has been consolidating in a tight box for few day. If breaks up - watch for a low risk play. TP 145 (there is a gap needed to close) and SL below 95 (about 5%).
AMBP shows strength. It is a continuation pattern and there is a high probability it breaks the SMA200 and continues further. If it manages to do so, then at least 6.60$/share could be a realistic target. Protect with a trailing stop of around 15%
Potential Golden Cross incoming which can provide some drastic movement to the upside. Golden Cross is when 50 day (blue) MA crosses over 200 day MA (orange) for any new traders. Higher probability when using higher time frames like the daily, weekly or monthly chart. The higher the time frame, the stronger the signal IMO
Hey Guys! I see a good Long potential for M . We are testing 50MA price zone on M-chart and looks like we are ready for break-out and push the price to 200MA on the Month chart. Price stays very close to the 50MA for more than 5 months. - good sign for long. Also, we see a huge volume on the "bottom". SL ~ 15-16$ TP1 200 MA on moth chart TP2 40% zone.
Bitcoin Price Consolidates... If the price break out bullish flag next level 80K.
CRL in Canadian $CAD $CRL $CSE $TSX $TSXV Maybe bottomed out. R1 $0.185 R2 $0.255-285 ~ UPSIDE $0.345-$2.8
Waiting for 86.00 breakout. After breakout will set stop loss 82.00 Target 95, 100
The overall trend for NASDAQ:TSLA is up, so a bullish bias is needed here. It is currently in consolidation mode, but I expect that it can break out to the up side. No position for now.
NYSE:SHW is forming a symmetrical triangle. This is a name with lots of momentum as it has been going up consistently for the past few months. Look for long entries with more reward than risk. First target would be previous highs, 2nd target is all time highs. Refer to the stop loss level in the chart.
NASDAQ:AVGO is repeating the same pattern from 2 months ago before it broke out. Look for entries near trend line supports or on a break out. Support and resistance levels are clearly marked via the trend lines. Also, when the ADX crosses bullish it will be an extra long indicator.
RH holding at 20 EMA, look for more confirmation of support. If it can hold here for a day or a few days, I see no reason why it won't hit new highs as it is in a strong up trend.
Support is at 20.60, watch for a break out to go long, it can hit previous highs if it breaks out of its trend line or it can even go to $24. Filled this mornings gap up which was a break out of a daily resistance level around $21. Volume has also increased on this last 15 min candle so it may signal a reversal.
LONG OIL - Double Bottom with Horn Bottom Pattern
Chart Details Weekly view shows price touching 10WeekMA. (same as SPY but inverse obviously) Price cross above 10Week should confirm uptrend to gap fills. Price above aqua blue line confirms uptrend to EMA cross. Price above yellow line and look for upper gap fills. Gaps to fill up to $17 Stop $13 Target $16 Money Patterns member alerts for this trade had...
Chart Details Long consolidation wedge ready for breakout. Caution with gaps above and below. World events and monetary policy tell me this goes higher. Next Daily trend is Bullish. Weekly trend already Bullish and turned up. Weekly RSI trend is our guide for stop. Price target $100 Stop $74 About Me www.moneypatterns.com Options Strategies, Video Technical...
Chart Details Price on Daily keeping yellow support. Best entry would be close to yellow support (on pullback). Bullish price action – higher highs and higher lows daily. Gaps to fill up to $37. Conservative price target of $32 to fill first gap. RSI channel is our guide to enter or exit until channel guides are violated. Opinion I had three hedges for market...
Trade Entry Feb. 14 Expiry. Put Credit Spread. 59/64 Strikes. Credit of $3.00 (no lower than $2.90) Risk $210. Reward $290-$300. POP - 65% Chart Details Large $10 gap from $71-$81. This must get filled IMO. White trendline is stop. Break of white trendline and trade above is invalid ($59.50 or less). Bullish EMA cross just occurred last Friday,...