Is the fall in Tesla's share price coming to an end? I recently published an idea predicting a fall in the share price to $215, which happened even faster than expected following the publication of more than disappointing results. But now what? Despite this bad news from a fundamental point of view, I remain in line with my initial analysis and believe that the...
The 200-SMA of a weekly chart is probably the main indicator of a secular bull market. It's almost never breakdown, except if a crash happens, and then prices usually come back quickly to the uptrend. Or, the other situation, when an extended bear market begins, and in that case, prices will remain under this MA for a while and the battle around it lasts...
This stock looks like re-claiming its high on weekly TF. Steady gains on daily basis continued with conviction suggest its move! There is a small hurdle of 150 & then it may see crossing its high 158 soon. This is not a buy suggestion, its only for education purpose!
Reasons: above all moving averages broke the horizontal resistance bullish seasonality
Price is breaking below the 50 Day MA,it doesn't look like there will be the imminent breakout above $25K this month anymore, unless price is to close back above $23K in coming days .
The S&P 500 has formed an Inverse Head and Shoulders pattern at the 800 EMA after bouncing from the Potential 1.414 PCZ of a Bullish Butterfly and filling the gap below. Now the SPX is looking to breakout Bullishly and Target the .618 Retrace to fill the Gap above and perhaps go even further beyond.
This is a very bullish chart. Should be self-explanatory. If you've got any questions - feel free to use the comment section.
I'm not going to call if the bottom is in or "not so fast" but just want to point out that we may only be halfway through a significant long-term downturn. It's concerning to me that RSI has broken significantly below 50 for the first time since the market recovered from the lows in early 2009. It's also concerning that price looks like it wants to retest the...
TATA MOTORS GOOD FOR SWING TRADE This stock is support the moving average 44 and SUPPORT LINE so it is a good stock to buy 1st target= 488 2nd target= 525 sp = 440
Okay! Daily MA 100 is broken! We are waiting for a reversal! MA200 of 4h is broken and price reversed and responded to it perfectly. Trend is strongly bullish, 1st TP was previously strong support level.. Main TP is volume profile of strong reversing level in HTF. After all, we know that there might not be any reversal! I'll enter 0.25 of my risk (0.5% of...
BPCL GOOD FOR SWING TRADING This stock is support the moving average 44 and trendline so it is a good stock to buy Buy = 334 stop los= 222 1st target =342 2nd target= 367 ***WAIT FOR BIG TARGETS**** after trendline breakout BIG TARGETS ======== 1st 390 .............2nd 450
Usd/Chf 4hr Chart: (still learning) It's been riding the 9 EMA up consistently for a few days. Looking for a bounce up when it touches the 9 EMA again taking it into the shaded supply zone.Then retracing back to the 0.96102 VRVP line. As always, critique is welcome. Clay
As a result of the current market instability, some investors are panic selling, while others are clinging on in the hopes of a recovery. In just three months, the value of Bitcoin has fallen by more than 60%... On the weekly TF, we've reached the 200 SMMA trendline. Since 2015, we've been relying on this support trendline... Is this time any different? Well soon...
I am seeing a lot of traders thinking possible double top, i originally thought this too until i back tested some more and went through a couple of failed trades with the same Moving average formation thinking "possible double top" and that wasnt the case. following through with a buy trade considering 20, 50, 200 ma still spread out. Just my analysis and...
CONFIRMATIONS 1. Checking on up coming news it seems like there's going to be heavy movement on AUDUSD so I decided to take a look at the charts. On Monday 6/20 RBA Gove Lowe Speaks & Monetary Policy Meeting. Also on Friday 6/24 RBA Gov Lowe Speaks. 2. My 50 MA is now above price which is a possible sign of a downtrend. 3. Waiting for price to hit my fib...
This is the time to buy. We're likely to bounce off the 200 Week Moving Average. While we might get a wick lower, who cares? This is a golden long-term opportunity to buy BTC. This is such a simple trade. I'm personally deploying a lot of capital into this one.
INDEX:BTCUSD In today's video I look at 4 reasons why I think we are close to the bottom: 1. 200 week MA - historically the 200 week MA has indicated the bottom 2. Fibonacci golden pocket retracement - a fib pulled from the very start of bitcoin in July 2010 to the all time high, show a zone for the possible low 3. Weekly RSI - historically we have never gone...
Li-ion battery manufacturer and developer NASDAQ:ENVX looks poised to continue pressing higher in the months ahead after pushing back above the 55-day EMA and the $10 handle RSI pressing to its highest levels this year suggest that a rather bullish move higher could be at hand. The last time RSI soared like this was during the stock's rise to record highs...