After $META's earnings were released today, META dropped around 25% in the premarket. This brings META's current valuation to the valuation it had in 2015 (despite the fact that META's latest quarter produced a net income over 6 times what it had earned in 2015). Evidently, META is currently trading at a large discount, at roughly 2 times its book value, with a...
As we can see on this 1D chart, BTCUSDT can be ready to drop as Chaikin Money Flow and RSI correlations seems to be close to repeat signals for a potential drop. A target for this possible impulsive bearish wave is a Deep Crab harmonic pattern aiming the bottom from this consolidation. A strong pullback can occurs @ the support area. For an effective signal to...
RCON has been on my radar ever since its 1000%+ Rally in Late 2020 & into 2021. Recon Technology Ltd. is a technology / hardware company based in China. RCON is pretty much a micro-cap company, but can offer a huge run-up. RCON has gained my attention recently as it has done a few things. 1) Daily Breakout over 9-21 ema clouds (first time since March '22) 2)...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. AUDCAD is overall bearish trading inside the brown channel, however, it is now approaching the lower brown trendline acting as a non-horizontal support zone . Moreover, the zone 0.845 - 0.855 is a strong support zone. So the highlighted purple circle is a strong area to...
Looking at the chart of BCHUSD we can see an oversold condition on 4h timeframe which means a long position is possible. Following the Bollinger Bands and the RSI 14 we can see the price has touched the lower band and the RSI has been below 30. The aim is to take profit at the resistance line shown in the chart. All further details are shown on the chart. Goodluck!
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. AUDCHF is overall bearish trading inside the brown channel, however, it is now approaching the lower brown trendline acting as a non-horizontal support zone . Moreover, the zone 0.615 - 0.62 is a strong support zone . So the highlighted purple circle is a strong area to look...
Order BUY V NYSE Stop 180.58 LMT 180.58 will be automatically canceled at 20230101 00:00:00 EST V daily bullish hammer in oversold area if hold within a channel will move up.
Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on September 23, 2022 with a closing price of...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. ETC is overall bearish trading inside the brown channel, however, it is now approaching the lower brown trendline acting as a non-horizontal support zone . Moreover, the zone 23.0 - 25.0 is a strong support and demand zone. So the highlighted purple circle is a strong area to...
LYFT Inc Intraday - We look to Buy at 12.19 (stop at 8.59) Daily signals for sentiment are at oversold extremes. Prices expected to stall near trend line support. We expect a reversal in this move. Dip buying offers good risk/reward. A higher correction is expected. Our profit targets will be 22.86 and 29.00 Resistance: 23.00 / 45.00 / 66.00 Support: 12.00...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for NZDCHF . Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Hello,Traders! USD-CHF fell down sharply And the pair is clearly oversold So as it is about to retest A local horizontal support A bullish correction is to be expected Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Litecoin Intraday - We look to Buy at 52.41 (stop at 51.17) We are trading at oversold extremes. Trend line support is located at 52.00. We look to buy dips. With signals for sentiment at oversold extremes, the dip could not be extended. Our profit targets will be 55.88 and 56.68 Resistance: 55.00 / 56.00 / 57.50 Support: 53.00 / 52.00 / 51.00 Please...
Hello,Traders! GBP-USD broke a key horizontal level As the pair is making a bullish correction From the depths of the oversold pit And we are seeing a bullish breakout Of a horizontal key level Which indicates that after the pullback And retest the pair will most likely keep growing Buy! Like, comment and subscribe to boost your trading! See other ideas...
We are at a psychological zone and I expect the bulls to come in and defend the zone. Looking to target the next zone at the 2200 zone for a RR of 2.97.
OKTA Short Term - We look to Buy at 73.79 (stop at 59.02) The medium term bias remains bearish. Trading close to the psychological 72.00 level. Support could prove difficult to breakdown. A higher correction is expected. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Our profit targets will be 109.67 and...
with earningss in one more trading day. MACD is in oversold territory while the RSI is showing relative weakness. I will watch this the day before earnings, Any accumulation or a volume surge will be my entry signal to buy the earnings play.
Profit taken at anticipated level. Happy for todays trade. I moved stop loss above entry and whatever happened I'm still in profit.