Ingersoll Rand has barely moved for about six weeks, and some traders may look for its uptrend to resume. The first pattern on today’s chart is the February 16 high of $92.32, immediately after the last earnings report. The industrial stock remained below that level for more than month. It pushed higher for about two weeks before coming back to hold the same...
Bitcoin returning to its ATH be expecting, either a great push-up or some resistance at its ATH. Either way great trade possibility ahead...
As we inch closer to the much-anticipated Bitcoin halving event slated for April 20th, the BTC/USD pair presents a fascinating narrative on the 4-hour chart that deserves a meticulous analysis. The halving, a scheduled reduction in the reward for mining new blocks, historically acts as a catalyst for significant price movements, making the current landscape...
KHC is a consumer staples, not a high flyng tech stock. Content to grind out a trend and take its time, it now looks to rise from sideways action since the last earnings. It is approaching the anchored VWAP where the big players sit waiting to pick up shares in the high volatility and volume zone and so earn a living from other traders who are not as savvy....
We are consolidating around the 67 K, near the POC of the last days. In order to take the trade I want to see a close below 69K in the next 8 hours. Let's get a quick short
NYSE:UNH reached 450 $ recently. From December 2021 never reached bellow this level. It tried 450 $ six times and bounced back to 550 $. From December 2021 NYSE:UNH is is swing in a channel between 450 and 550 $. In weekly chart, it is on 200 days moving average, which seems a very strong support. From December 2021 it always trades above 200 days moving...
After NASDAQ:NKLA reached all time low at around 0.6 $ it doubled in almost 10 days. It pulled back to 0.5 Fibonacci level from the 200 days moving average and bounced back and closed at 1.02$ on Friday. The sentiment about the NASDAQ:NKLA is starting to change and recent activity of company shows great improvement. Last quarter they delivered more truck as...
When the yellow squiggly line starts to smooth, that's a sign the price is about to trend over the top of the peak and carry over the over the other side. No sign of any prices crossing over moving average lines yet.
Shiba Inu has pushed quite hard. I can only think of sled dogs ona long marathon push over a sun prepared snow trail. The ride might be frictionless but nonetheless grueling and perhaps time for a rest. The chart shows the breakout and then extension above the VWAP lines that are trying to catch up. In proper risk management. I will take half the position off...
Dogecoin on the 60 minute chart has been in a good trend up for more than 36 hours. Moving averages have been diverging but price is now falling in a pullback to the SMA21 and EMA21 while the EMA 50 continues to trend higher. The relative strength look back is solid green. I see this as an excellent point to add to Dogecoin with the risk being the market cap...
ESPR on the 120-minute chart is surging with momentum from an FDA approval for a new cholestrol and lipid medication which will be an alternative to the at statin class which has side effects and can cause diabetes. I am familar with a few of the professionals on the science advisory board they are researchers and academics of the highest claiber. The...
Pay attention to the MACD indicator in the weekly time frame. Big pump is loading...
EXK is a junior miner. With fixed expenses in its mining operations for the most part, margins rise dramatically when silver is rising and the opposite is likewise applicable. This is the crux of using junior miners as a means to profit from trending in precious metals. As a penny stock EXK has hieghtened volatility as compared with Barrock Gold or the GLD...
HIMS had an excellent earnings report for a small cap company; it is consumer driven quality focused and helps the customer feel good about him/her- self. It does not have any gender orientation agenda nor any obvious political inclinations. On the 120 minute chart, it started a moving averge convergence about a week before earnings. The Greeny TTM...
XOM looks to be breaking out from a supply level that has been holding since Nov 2023. RSI over 60, rising 55D SMA. Stop Loss: 102.65 Target 119.92, 120.69 Note: This analysis is for educational purposes only and is not a buy/sell recommendation.
Should find support right around here. If not, I'll probably average down but I'll update this idea if/when that happens. Would consider selling some shares (maybe half of my position) around the 200-mo. EMA, which is also currently close to the top of the channel. Plan on buying those shares back near the bottom of the channel but want to keep some shares...
Key Points: • Death Cross: The ETHBTC ratio is nearing a death cross, where the 50-week average dips below the 200-week average, historically signaling a bearish trend for Ethereum relative to Bitcoin. • Altcoin Impact: Since altcoins often follow Ethereum's movement, this could lead to a decline in their value compared to Bitcoin. • Actionable Advice: The message...
AMZN is breaking up for a +82% potential gain. A clear Head and Shoulder (H&S) figure, seen on a weekly chart, shows a possible move from 146$ to 266$. It should be good to wait to a bit to make sure that the breakup is better engaged. And, that is not case right now. So, for now, we need just to place one alarm over this situation at 152.00 and another one...