Apple stock is in indecision zone. Fundamentals for stocks say recession / bear market but FED QE infinity is bullish for stocks. that is macro larger term view though. Here we see that APPLE stock is in an indecision point here under the 100 day MA. would like to see it break above this. then retest and have long entry at green 283.03, probably add 12 cents to...
Nasdaq100 is showing a clear inverted head and shoulders pattern. Also Cup and handle on SPX500. I decided to go long on US futures after my previous shorting opportunity was not confirmed.
We know it's wrong. We know it's unsustainable. There's a Corona Crisis. There's unsustainable growth. There are huge unemployement issues. Crazy deathrates.
Stockmarkets are surging.
No, it doesn't make any sense. But to make a decision on this trade when the price hit this support zone so beautifully we have to look at the data. Purely based on technical...
Looking at the market today with a technical approach we can see I continuation to the up side.
im not sure on how far to the upside we can go, so a safe level to take profits its in green, we're we can see the top part o a range.
for these trading idea we are expecting a pullback to find the entry point we want.
trade to trade well. NOT to make money
Nasdaq currently seen on consolidation zone awaiting a break massively on that breakouts direction, Just see my simple idea on this one, So therefore A breakouts upside from 9000 we go 9200 and down side from 8800 we go 8750/8500. Paying attention to Fibonacci levels and the order blocks. Make sure to insert stop-losses in profits after a break is confirmed which...
This chart comparison displays the S&P index with AMAZON (left) and without (right). The sole purpose is to highlight the big impact that AMZ has during the recent weekly rally after indices made a bottom.
As you see with AMAZON, S&P has been rising continuously since the March 23 bottom while without the weight of the pandemic-proof stock (since its on-line...
looking at the market today.
It seems we are coming from a bottom looking top find a new top.
In 4Hr we still see a possible range, were the market its looking to go up./
possible entry points are in blue and targets are in green.
risk reward 3 / 1 .
trade to trade well not to make money.
Nasdaq is steadily moving up towards 8800 where there is currently a defining resistance. as we can see on the higher time frame the bears failed to break our support.Therefore we will be waiting for price to react at 8800 before we decide on whether there will be bearish continuation.
Congrats fam, Based on our previous post, Our buy-stop was activated from 8740 to at-least 8800 was a good profits to bag even though we didn't get our desired TP above before the sharp bearish plunge to form a complete head and shoulders pattern, Also forming is an inward bearish trend-line to respect the short buy retracements, So now my bias today would be a...
Big congratulations on our good buy from 8500-8700 Parameters resistance points, However at this point we waiting for a break or reversal(Candle, Patterns) Because i can also see a double top forming for a good drop and about to reverse on resistance, I'll update confirmation on next posts or in comment section, So now we in for a sell back to supports(8500) with...
