Bearish Engulfing Candle on the 4Hr chart. on the resistance line of previous broken support aligned with the 20 EMA Below 50 EMA
Inverted H&S on SNXUSDT. Target is 100 EMA on 4 Hour Stochastic signaling Buy also.
DJI has problems passing this bold black trend line since months, possible level of rejection and trending again towards (M)MA50
TSM makes huge almost 40% rally to retest (W)MA200 after a break. Usually biggest plunge happens after (W)MA200 retest - after a long break which has happened? It rallied towards (W)MA200 exactly after exposing Buffett's news.
Let's look for closures where I indicated with X. Targets are determined according to Fibonacci.
MACD EMA 12; 26 Signal line EMA 9 MACD >0 ; Bearish Divergence MACD BELOW SIGNAL LINE (Bearish; Sell Signal) Offsetting (Long LMT (TP1 +8% & TP2 +9%) Offsetting (Long STPL (Stop Loss -8%)
Before the crash the rain stayed aboved the yellow moving average line. Now we are testing it literally at the line right now to see if we bounce down or break and stay above...let's hope and see good luck everyone!
Although there is an inverted shoulder head shoulder formation on the chart, the targets are drawn according to Fibonacci.
bnb has been holding really strong but i think it needs to retest some key areas ($185-215)
It’s often interesting to find stocks making new highs when the market tanks. Today’s chart focuses on such a name: Harmonic. Notice how the provider of video software advanced in late September and early October as the S&P 500 and Nasdaq-100 hit new 52-week lows. That relative strength followed an Analyst Day on September 15. Heavy volume occurred as prices...
At the midpoint of travel, China, and the internet is Shanghai-based TCOM -- owner and operator of Trip. com, Skyscanner, Qunar, TrainPal, MakeMyTrip and other websites for hotel reservations, transportation tickets, corporate travel, and other travel services internationally. Other areas of business are insurance products, tours and packages, travel data...
TLDR; I don't like where the price is now. We are close to the old highs before the last drop for many things. My plan is to wait for a small drop or a small raise in the price before taking any further action. I do have a fairly large concern with what the dollar will do and the overall strength it may have in the mid to long term future. Though there really...
TCS Break it's Trend Line and 200 EMA With good Volume
CHZ Making it's final move to the top. Above all 4 EMAS and looking strong after PullBack Target is start of Supply Zone
A bit arbitrary, but the last two times the $SPY 12 month EMA crossed the 18 month EMA to the downside was in May 2001 and June 2008. The 12 month crossed back over the 18 month in May 2010 and has been bullish ever since... Until now.
Market has been rallying but today seemed suspect and pop in VIX implies smart money possibly hedging under the hood. Time to start looking for hedges / short opportunities , whether we get a large move down or just a pullback before going higher, IMO in the near term we see some selling. Costco is at trend line resistance and therefore I see it as a good hedge/...
Metal stocks have fought higher all quarter, and now a key steelmaker may be attempting a breakout: Nucor. The first pattern on today’s chart is the series of higher lows since late last month. NUE was stuck below $137 (the close of on October 26) for several weeks, which produced an ascending triangle. But prices broke out on November 10. Second is the summer...
Let's look for closures where I indicated with X. Targets are determined according to Fibonacci.