Look for retrace of RSI to support or 1.18p (whatever comes first) before re-entry or top-up it failed to brake 2.59p resistance so therefore it will need a breather if no news 5.49p next resistance if 2.59p is broken. If 1.18p is lost run for the hills!
this play is a slower mover but it pulled back and turned the resistance into support we are going to trail the trade using the 8SMA and add to it through 73.26
lot of lines and PTs can elevate fast if this breaks out on volume inflation in April Notice the 1M candle is Red 9 for March. Ideal play here is an entry under $2.00 (on support retest) if we change cycle from accumulation to Bull Cycle, look for late 2019 take profit area (Sept-Dec)
I Bought 5000 pieces. Lets wait some years.. :)
Long GBIO33 and Short HYPE3 on breakout from multiple timeframes negative trend line and GBIO33's strong bounce off lows. Fundamentally, HYPE3 well priced while GBIO33 is an undervalued growth case.
Watching for ABBV to break this wedge and go higher to fill the gap from earnings.
FSD Pharma looks like it is in accumulation, before a move upwards that could reach as far as the local resistance 'first trouble area' before retracing back down - there would need to be significant upswing in buying volume to go further than that. Indicators - Bollinger Bands looks awfully similar to how they did in July 2018 shortly before accumulation and...
Psychology of a Market Cycle Cheat Sheet: goo.gl IBB's chart is identical to the chart on the market psychology cheat sheet linked above. IBB 5-wave cycle is over + Truncated 5th Algorithms exit the market after extended 3rd waves, leaving the 5th with no volume nor liquidity, just as it's done for IBB . Current Market Condition: Complacent. Just "cooling off...
We see a correction until 50 Fibo. Hopefully next long up to 0.350. No recommendation.
This is the weekly chart on Loxo Oncology. This biotech focuses on cancer treatments by targeting genetic mutations that create protein chimers that lead to unregulated cellular proliferation. In English, and very simply, imagine a copy machine. When you press 'Copy' you should get one duplicate of the item you want copied. Cells have similar systems where a...
BUY GBIO33 on possible long-term bottom formation. Added stop and goal target for swing trading, but could also be good buy opportunity for long term buy and hold position building. MACD and OBV not great, but good, indicating possible bottom. Fundamentals improving.
Hello TA family, It looks like the ABC correction is coming to an end. The Price has dropped below FIB 0.78 to shake out the weak hands. Bullish Scenario: The indicators are suggesting bullish momentum, and we have a huge divergence on RSI (daily timeframe) and CCI (daily and weekly timeframe). The bulls have pushed the price above EMA 21 (daily), the next step...
Set up a longer term chart with some future potential targets. You can see the chart supports fundamentals given recent company news, so this doesn't appear to be a pump or flash in the pan (as we saw two months ago). Looking very bullish in the near term and beyond.
FYI: BLRX is getting ready for a major breakout. See related BLRX ideas for further analysis. Weekly: Daily:
ENDP has been consolidating from it's impressive rally in the beginning of the year. ENDP has shown strong support at it's 52 Week high. It hasn't even retraced .236 of the rally. This leads me to believe we are going to have an extended primary Wave 1. How can we discover that wave 1 was extending? Suppose the minor wave 3 travels more than 161.8% of minor...
CKPT is breaking out on heavy volume. Primary Wave 1 Extension Daily: Levels: Target:
Hi Guys, Through the usage of harmonic patterns, I've come to the conclusion that this pair is in a bullish trend. Trade Profit could rise as high as 0.7450