GNC's endless slumping is kinda hard to understand for me, and I usually get away from this kind of stocks. A profitable healthcare/retail drug store with only 3+ P/E and a non-stop downtrend from $60 to $2.5 a share in such a bull market!? Hard to believe, but anyone who tried to pick the bottom based on those fundamental numbers worked horribly so far. Let's...
Hi there, break through the resistance, then retested as an support level. There are formed a eveningstar (4H) and at dayli close perhaps a pin bar. The candelstick pattern ist also formed at the new support level. S/L: 1281,31 TP: about 1253
in daily chart: Triple top overbought in RSI indicator touching weekly trend line Low2 is lower than low1 Resistance level at 1.011 - 1.013 > Sell Entry : 1.0130 -Stop : 1.0150 (35 pips) -TP1- : 1.0005 (125 pips) -TP2- : 0.9805 (325 pips) in 1H chart: Bearish pin bar candle Overbought in RSI indicator Regular divergence Weekly chart:
Entry was at 50% if it comes again you can reenter this is a swing trade on the daily time frame 3 seperate tps you may secure partials at each level or 3 separate positions 3 tps this is a trade idea take at your own risk.
USD/CAD currently form a pin bar at near resistance 1.3400. A sell here with TP at 1.3300. 5min chart. Can sell here.
Looks to be respecting the trendline wait for EMA confirmation. But looks good to enter bearish pinbar, 50 EMA crossover.
in 4H chart : Bottom of the bullish parallel channel 61.8% fibo retracement Bullish pin bar candle with long shadow Hidden divergence > Buy Entry : 1.1240 -Stop : 1.1225 (15 pips) -TP1- : 1.1280 (40 pips) -TP2- : 1.1330 (90 pips)
in Daily chart : Bearish Pin Bar candle stick pattern > Sell Entry : 0.9980 (Now) Stop : 1.0010 (20 pips) TP1 : 0.9930 (50 pips) TP2 : 0.9860 (120 pips)
in Daily Chart : Bullish pin bar Hidden divergence in RSI indicator MA100 (blue line) > Buy Entry : 1286 Stop : 1279 (70 pips) TP1 : 1302 (160 pips) TP2 : 1318 (320 pips) in Weekly Chart : Doji candle at 1290 support level
PIN AT STRONG RESISTANCE SELL BELOW 644 with sl 656 target 638- 630
pin at resistance sell below 2934 sl 2953 for 2895
I don't know if we get a retracement looking at the Daily timeframe, but if we do I will be looking to enter short at the 50% Fib retracement. I will also be looking to use this bias information for a DDP and intra-day setup.
I've set an alert for the 50% retracement level of this Weekly High Test Candle and will be looking for an entry into the market.
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!