Winter is coming. It's cold outside. Shall we exercise at home?
PTON bounced off a big support at 82. Is the bounce over? I don't know.
Is it too late to buy? For a long term investment, not too late. For a trade, maybe not too late, but I like it only above 88.20-88.50
Targets on the chart.
Ont has breached the .5 fib and once it closes above .618 I would take a long position!
Loooks like momentum is favoring the upside!
This is a very short term play!
Note: this is just an idea and not advice.
A potential 15-20% rise can be expected from BZRX.
Formed an ascending triangle and soon it'll break out.
I am entering this trade in the range of $0.411 to $0.425
Stop Loss will be $0.3856
Targets: $0.445, $0.469, $0.498
Try to accumulate every dip. Use max 5x leverage and 5% to 10% of your portfolio.
Always keep your SL tight and if the SL is hit then look...
CELR has formed a Cup & Handle pattern. Broke out and done with the retest.
I am placing my long orders now.
Entry: $0.04885 to $0.05022
Stop Loss: $0.04298
Accumulate the dip and book profits in the targets given above.
Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your...
Hello everyone, hope you are doing well.
Welcome to today's trade setup as a part of "Aglogains - Daily Trade Series".
On the 1H timeframe we see a double bottom being formed at a key resistance level of 3330 - 3340.
This was followed by a bullish confirmation, giving us an entry signal to the long side.
Entry - 3234
Stop-loss - 3204 (30 points)
Take profit -...
Hey Guys, hope you are doing well.
Welcome to today's trade setup as a part of the "Aglogains - Daily Trade series".
I have an entry after a double bottom was formed, followed by a bullish candle, fulfilling our entry criteria.
Entry - 2582
SL - 2513 (97 points)
TP - 2678 (69 points)
Risk to Reward - 1 : 1.4
Will keep you posted on the progress.
Today we look at the idea of an ascending bullish correction WXY (minute green) as part of a larger correction on the daily / weekly timeframe.
Target at wave Y completion is 100%-127.2% of wave W
Industower seems to be at crucial level and have high probability of reversal from the current level based on historical price action, fibo-retracements and trendline.
Suggestions for entry:
> wait for high volume rejection from the level.
> entry point should be the OHLC4 of this candle
> Stoploss should be below the low of this candle or below trendline
Hellooo...My Dragon Friends
GBPNZD already break the trend line, will go to 2.0010.
for now I see bullish flag, may be I want get in with small lots.
if go to retest to 1.9700 I will add more lots. for averaging down.
with SL at 1.9595.
Becarefull with ur lots, use wisely ur money and lots, Money Management On
This could potentially just be a day trade if it goes in our favour. 3 tps altho its a under 100 pip trade. The 3 tp values are just to help trail your SL.
if it hits SL fret not. we have brand new data to take our next trade!
The stock looks great, we could see a trendline breakout with a decisive candle with good volume.
Though the stock did not see a good momentum movement post-breakout.
Now if it sustains 660 levels, chances are that it might be moving towards 720 initially and then towards 750 levels.
Trade type: Positional
Alembic has been consolidating in a triangle range for the past 1 month.
Price Action: there is a big bull candle formed within this range on 8 June 2021 on its hourly chart.
Currently Prices are trading near trendline resistance, hence any breakout if happens, then the stock can see a very good move on the upside i.e up to 140 levels initially and also towards...
SPY / SPX is at all-time highs and traders are beginning to short. As we have seen in the Ethereum run-up, this behavior can lead to a short-squeeze fiesta. Ironically, more shorts lead to higher highs, until the very top - from where price finally breaks down for good. Have we made the top? We don't know, so we can focus on smaller timeframes and...
The dollar has been under some pressure and now I think
we will see a reverse in trend towards the upside .
I have drawn the obvious head and shoulders with the right shoulder to possibly develop.
In which case I favour a move upwards towards the 91 area which will build
our right shoulder .
This in turn will put pressure on Gold prices * See below for...
IndiaBulls Housing Finance looks bullish on daily with huge potential upside both from Technical point of view and also based on fundamentals.
The company said in a statement that it will gradually reduce its wholesale book by 33% by March 2022.
According to the company, it is also planning to double the retail customer base by...
Matic has been doing well for the past few days. For continuation it has to break this pennant.
Sky is the limit if this breaks out. In my opinion, Matic still got a long way to go - Gains are not done yet from this one. Matic is a coin that is known for its explosiveness, and the crash that comes with it. But that's all hype, and we will let the time decide....