NKE is set to fall immediately, I have placed a large position to put NKE.
Technicals to look at:
Divergence+ gives a sell signal & their signals have not failed me in the past. I have been a long term customer and the profits I have made from these signals have paid for the subscription the remainder of my life. These signals are based on RSI & divergence. I...
Those who are following my SBUX prediction ( link attached ) is still highly probable. We now have support from D+, 3x confirm, and the MACD.
Growing bullish divergence with 2 buy signals from two very reliable scripts are pointing to $114 price target by Friday.
This indicator will add value and support the technical trader with a visual representation of the MACD histogram.
The above shows the indicator trading method in a AUDUSD M15 chart. The indicator shows the histogram in 4 different colors. The histogram is displayed in Green and Lime color if the histogram is above the Zero line. On the other hand, the histogram...
My weekly position! Going to short ( buy puts I should say ) Planet Fitness
Technicals & Fundamentals support a decline in value of this stock short term and I am very excited to explain my findings, beliefs, & trading strategy.
I. Candle stick analysis
II. MACD shows growing bearish divergence/ weakening bullish divergence
Outlook for SPX
We can expect a minor contraction based on MACD, Guth 3x confirm, and D+ divergence cloud.
Key word is minor! Our new point of resistance on the 45min chart is 4416.10 which would only be a 55 point drop ( 1.24% )
This drop could happen at the open, or intra day.
This is not processional advice but I ask you fellow experienced traders to...
Disney is looking to hit and even pass $180 this week, even with earnings approaching. I will divide this analysis into 3 sections; Technical Analysis, Earnings, Fundamentals.
-45min candle stick chart shows a green candle in the latest 45min segment.
-Divergence+ Shows growing bullish divergence as indicated by green shadow between latest...
ETH price action is contracting in downtrend forming a falling wedge.
We do see bullish divergence on MACD histogram and RSI on the 4H
By my count we had 5 waves down we should at least see a ABC correction up.
0.786 Fibonacci ratio at ~1865$
0.886 Fibonacci ratio at ~1796$
For a more conservative approach we could wait for breakout from...
First I want to give mad props to MADO for his/her Divergence MACD Indicator. I found this last night and this is what I have found while using it. Although it doesn't preplot every divergence I would like to see and there are a lot of other things I wish it did...maybe some programmer or Mado themselves would like to help put what I see all together into one...
Based on technical analysis I see UBER dipping at the open, and then rising to test resistance.
MACD & D+ show a combination of weakening bearish divergence, and growing bullish divergence.
Guth 3x confirm also shows a uptrend for both price and volume.
What are your thoughts?
Will be posting multiple Friday predictions, comment your stock below and I will...
Based on candlestick analysis, level of support, MACD, and Guth 3x confirm I am bullish on Tesla for Friday.
The Guth 3x confirm shows that price & volume are low on this 45min chart and that an uptrend is starting with price & I believe as volume increases, price will also increase at an increasing rate.
MACD shows weakening bearish divergence while D+ shows...
What a risky play on my part but I could not resist with all these indicators showing that Apple will at the very least test support.
As indicated my the teal cloud below the 1 hour candles ( support ) Apple could fall below $132 a share just to test support.
I bought 8 puts for AAPL to hit $132 a share by 6/25. A risky play but here is why I pulled the...
NYSE:AZEK completed a bear trap today after prices recovered quickly back over the support line and 200 EMA .
It also showed MACD histogram divergence when the new price low made on Jun 17 had a much higher low on the histogram than the price low on May 17.
Based on technical analysis, I see Restaurant Brands breaking through resistance which is the red cloud above the candles.
Heres why I believe this,
Double Buy signal on the Guth 3x confirm which is highly accurate
Growing bullish divergence as indicated by the MACD and D+ ( green shadow below candles representing growing bull strength )
Daily volume is low...
Based on my technical analysis, I see ROKU hitting a minimum of $340 a share by the 11th. This price target could be reached much sooner.
MACD shows growing bullish divergence while D+ also supports the increase based on low RSI & Green shadow indicating bull strength.
Low RSI on the 1 hour chart shows that the stock is extremely under bought which signals...
A critical moment is approaching for BTC over the next few hours as the price approaches the top of a wedge (bearish pennant?) which I mentioned a few days ago (white lines).
A slight peak out of the wedge has occurred over the past few hours indicating a potential to break upward which can be seen as supported by a daily MACD cross (not shown). There is still...