Barrick gold released earnings today, and after two months of very nice consolidation and bullish divergence in MACD, stock might finally be ready for another rally higher. So good low risk long entry could be attempted from current levels
As AMAT has been moving away from the triple top the MACD has divergence down, prices look like theya re headed to the 49 level. Picked up osme October 25th weekly options the 49 puts at 32 c.
JPM and other banks double top and MACD divergence looks to be rolling over and MACD seems to show we should be headed to $117. Picked up some Oct 25 expiration 117 puts for 51c
Coming out of the Falling Wedge we have Double Bottomed testing previous resistance as support. MACD, RSI and Stoch Showing Bullish Divergences. Near future incoming price at 62-78 SAT range as shown in blue box. This is not Financial Advice. Good Luck Traders!
As we can see the price creates a fresh demand at the end of the past week. This demand is also a Quasimodo level. In addition, we can see the MACD divergence. That cofluence of MACD divergence and fresh demand (Quasimodo) creates a great setup for buy position. The entry-level will be the demand below and the target will be the resistance above.
The price is near a support zone and it is forming a divergence with the MACD indicator. There is also a descending wedge that has been broken and confirmed the change of trend. The trendline indicates us a bounce in the price and it is been respected Comment your ideas!
The price has touched the resistance zone and there is also the trendline in the same area Also, it made a false break so we are expecting the price to head towards the support zone. There is MACD divergence within the increasing expandable triangle. Comment your thoughts! Sorry for last week's absence
GBP/USD is in amazing rally for the last 10 days, For now, I prefer to look for a reversal signal. If the price will breakout the support below it will be the signal for changing momentum to bearish, In that case, I'll look for a price action setup to sell GBP/USD. In addition, there is a significant MACD divergence which indicates the buyers running out of...
I opened a position here on ONE. I like the potential macd bull cross, with upticking histogram, bull break of the pennant and declining dominance. I'm in! #ONE/BTC Exchanges: Binance Signal Type: Regular (Long) Entry Zone: 74-76 Take-Profit Targets: 80-90-100-110-120 Stop Targets: 71 Risk: 6.58% Rate: 75
The price has broken the down trendline and we are waiting for it to cross the resistance zone in order to enter the buy. there was MACD divergence in the support zones so there is now forming a bullish momentum. Also, the price formed a double top. Comment your opinions!
CB was already moving down this morning and the MACD seems to show prices should be down around 150 -155. Bought some October 18 155 puts at 60c
Modest double bottom with upside divergence on OIH bought some 11.5 puts that expire oct 11 for 11c.
XLE has a good double bottom and modest upside divergence. grabbing some oct 11 57.5 calls at 41c
Considering oscillators are bullish showing a bullish divergence play along with Elliott Wave hitting at 100% Fibonacci ratio saying that correction phase is over. Likely ETCBTC correcting is done and we're on our way to an impulsive rally. Bear scenario if it breaks support.
Considering the daily time frame showing possible bullish divergence. If we're following Elliott wave theory it seems a long WXY correction is not yet over. As it must respect Fibonacci ratios which are most the golden ratio of 61.8. The bull scenario here if it will break out from the trend line resistance. It's still possible since bullish divergence is...
picked up some Oct 11 60.5 puts for 21 c MACD says price sb around $60 or below.
Small downside on homebuilders XHB going to pickup some Oct 4 43.5 puts for 14c, expires Friday so a quick play on this daily chart
The price has performed a double bottom pattern on the D1 chart, Also, while the price created the double bottom the MACD created a higher low, which's called MACD divergence. The combination of double bottom and MACD divergence creates a great setup for buy position. If the price will break the resistance above I'll look for a buy signal, If the price will move...