I was looking at the premarket to know where my target would be, on the closeup of the 3 minute chart i got it right above the bear candle closing above the 10ema. and waited for the stock to pull up higher to raise my stop level.
Hi Traders! USDJPY is near the psychological 150.000 level, and it looks to possibly re-test its 3-month high at 151.911. Here are the details: Looking at the price action, it looks bullish; the bull flag, along with the previous yearly high, has broken. The next big test is as the market approaches the 150 handle. There may be some strong resistance here, as...
BINANCE:OPUSDT 1D #OP(OPTIMISM) is currently trading at 3.731 and undergoing corrective moves on the daily timeframe. Nothing new for #OP! The price range of $3.570 to $3.972 has always acted as a strong zone of RESISTANCE for #OPUSDT. Since December 2023 the price has tried multiple times to break above $4 so far has failed to do so. However, things might...
AMEX:SPY February 13, 2024 15 Minutes. As expected 500 was held on the downside and the upside was capped around 503 levels. I will consider one rise and fall respectively. 497.86 to 503.5 rise and 503.44 to 500.24 as fall. For the rise AMEX:SPY retraced to 61.8% so I expect 503 to be a triple top before a retrace. For the fall 502 will be a good level to...
BONK BONKUSD when viewed on the 3 hour chart which is two hours after open, we see a possible 50 MA cross of the 200 MA. Oscillators and technicals support this move IMO along with volume spikes at key levels. May have to be a short squeeze to make it happen. DYOR NFA
As cautioned last week, we begin the new lunar year with a sell off. There is still more down side expected looking at the weekly chart. All the PPMs are under water, though not in downtrend yet. But the algos on the SMAs are looking down. Algos on PPMs 2 and 3 are pretty flat looking ahead, but not indicating a return to 0 line. PPM1 looks to be headed for more...
If the monthly 200 holds as macro support, we could see a retrace bounce back to meet the monthly 12ema which is descending from 56.75. If there's an entry here for me, it won't be before a confirmed hourly trend change. Monthly RSI is attempting a bounce just ahead of fully oversold conditions.
The S&P 500 has closed above its previous highs for three weeks, potentially confirming a new bull market. But Apple is lagging. The first pattern on today’s chart is the tech giant's candle on December 14. Prices inched above their July peak but closed slightly below it. AAPL then retreated toward $180 and rebounded to make a lower high in late January. That...
RNA has been making higher highs since October, and is now back above the major EMAs on the daily chart. Currently trying to break above the $13 pivot, with plenty of move to run. RSI seems healthy, riding just under overbought.
MSCI rallied on strong earnings last month, and some investors may look for the gains to continue. The first pattern on today’s chart is the bullish price gap on January 30 after profit and revenue beat estimates. The move established prices above the December 29 peak, which was the stock’s highest level since early 2022. Second, the index provider has held the...
Technicals: Marriott is showing promising signs, with a pivot point set at 238. As long as it holds above this mark, I'm leaning towards a bullish outlook, anticipating further gains. However, if it slips below $238, we might see support levels at $231 and $227, so it's worth keeping an eye on those. Checking the indicators, the RSI is above 70, meaning either a...
Hi Traders! GBPUSD has a bearish outlook on the 4H chart, and we could have a breakout soon as further pressure is quickly mounting on the pound. Here are the details: Looking at the price action, it looks bearish due to the market swings; the market has tested the support trendline multiple times and has had a recent price rejection at 1.26548. Additionally,...
AMEX:SPY February 12, 2024 15 Minutes AS expected box sideways was broken on Friday. I closed longs around the 501 level, as SPY was struggling around that level for more than one hour. Now for the day, I will take 2 rises. 499.33 to 501.65 495.36 to 501.65 Unfilled gaps denote a strong rally., hence I took 495.36 as low. As long as 499-500 is held uptrend is...
Bitcoin just printed a shooting star and seems likely to retrace down with that overbought RSI, very short-term. ⚡️⚡️ #BTC/USDT ⚡️⚡️ Exchanges: OKX Futures Signal Type: Regular (Short) Leverage: Isolated (9.0X) Amount: 5.0% Current Price: 47555.0 Entry Targets: 1) 47643.2 Take-Profit Targets: 1) 45534.1 Stop Targets: 1) 48700.3 Published By: @Zblaba ...
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Since an ATH of $55.11 in April of 2022, HRL has declined -47%. HRL has never been priced below its monthly 200MA. If HRL produces positive ERs on Thursday 2/29, it could be set up for a solid technical bounce from its monthly 200MA. Monthly oversold RSI... If monthly 200 support ultimately fails, I'll be watching the yearly S1 pivot area as next possible support.
CRYPTOCAP:ADA broke through 50EMA and looking to do the typical run bouncing off 50EMA next and riding on 8EMA pointing to the 🌙 moon . Observe.
AMD is consolidating really nicely after making new highs in late January. Surfing the 20 EMA on the daily chart as well. This will be a top focus for me heading into next week.