RAD recently popped in a big way and on the 2H chart is now settled in consolidation about 67% above the prior base. That is to say, it is in a horizontal channel awaiting further volume and direction from traders. The bias is for a bullish breakout of continuation and momentum. Potentially RAD could rise the height of the flag pole but this seems unlikely...
On the 15-minute chart, I see CTRM as being well-positioned among traders for high volatility on the report of earnings. The pump today has printed a tight flag pattern with consolidation this afternoon. If earnings are okay or even better I see this penny stock making another 10-15% move just like today. If on the other hand, if there is a miss, a drop of...
UCO popped in April and then dropped into a consolidation in May and June where it set up a base shown by the POC line on the volume profile. Once over the POC on July 6th on the daily chart coinciding with a golden cross on the HMA 56/210 combination the bull trend began. The dual time frame RS lines in the 60s suggest more to come. I am trading UCO and...
LABU over the past ten trading days has trended down from the top of the volume profile to near the bottom. The Price-volume trend is flat showing accumulation/coiling. The price momentum oscillator shows an uptrend suggestive of bullish divergence and the volumes are stable at or above the running mean. I see this as a good long trade as some if the ETF...
Monthly chart of SMH with HZ Line breakouts shown. Currently in a test of top with a bearish RSI Divergence. Composite Index also shows bearish divergence.
GBPJPY chart is forming Rising Wedge Chart Pattern on 1HR timeframe. Entry price along with stop-loss and TPs are clearly marked on the chart along with the bearish divergence for trend reversal.
CADJPY chart is forming Rising Wedge Chart Pattern on 1HR timeframe. Entry price along with stop-loss and TPs are clearly marked on the chart along with the bearish divergence for trend reversal.
GBPNZD chart has formed Double Top Chart Pattern on 1HR timeframe. Entry price along with stop-loss and TPs are clearly marked on the chart along with the bearish divergence for trend reversal.
EURCAD is forming Rising Wedge Chart Pattern on 1HR Timeframe. Entry point, Stop-loss and TPs are clearly marked on the chart along with price projection.
we can short M&M as per our prediction it is making bearish divergance also
NZDUSD is forming a Falling Wedge Pattern on 1HR Chart. Price project along with buy, stop-loss and take profit levels critically marked on the chart.
AUDUSD is forming falling wedge pattern on 1HR chart. Entry point with relevant stop loss and price projection is clearing marked on the chart.
Hello, ladies and gentlemen. Today, we are going to take a deeper look at the DNX/USDT pair. 1) We know already that the Elliott Wave is the best tool for detecting market Cycles.We already was formed Elliot Wave 1 (Impulse Cycle) and Elliot Wave 2 (Correction Cycle), and next Cycles is more easy to guess if we already have two Cycles formed. 3) The price might...
My analysis is on the 2H. I am uniquely qualified in my fundamental analysis. This is a one day until earnings. My thesis is the earnings will stimulate what will be a breakout from a flat bottom triangle. I will buy one share of stock. I will spend a similar amount on call options striking $460 expiring August 11th. I see LLY as surging while PFE is a bit...
NKTR is due for earnings on August 8th. The price from the opening bell on the 7th pump nearly 100% to over $1.00 and then faded by a couple of cents. The Price Momentum Oscillator and ZL MACD indicators tracked the high velocity action into a high tight type bull falg which is often considered to be predictive of another leg up of similar magnitude. I will be...
Quick and dirty analysis coming in. BTC just hit a 3 week diagonal resistance. For the bulls it's going to be a make it or break it moment. If we can close the day above 29.8k we can make the assumption that the relative bearish times are over. However, we're not there yet! Stocks have sold off hard today, which makes it more likely for bearish price action. In...
RAD has been flying after a long period of consolidation and wek fundamentals. The Reddit army is marching with the RAD flag. At one point RAD sqeezed 100% but it has falled back a bit in the profit taking. Still the retracement is shallow so far. In the close of the trading week, in the last hours price dropped to 2.5 with support from the anchored mean VWAP...
AMEX:SPY Aug 9, 2023 AMEX:SPY nearly touched the gap of July11,2023. Yesterday was gap down so did not get a chance to short at 453 levels. Sell on rise is still intact in 15 minutes as AMEX:SPY less than 200 averages. Its a buy only above 458.17 as of now. The C of ABC is shifted to yesterday low at 445.28 levels. We have an oscillator divergence at...