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Resistance_level

ULTA looking to make new all time highs!ULTA (Ulta Beauty, Inc) is testing resistance around the $355 area that dates back to mid 2019. Fundamentally, * It's undervalued with a PEG of 0.77 * Its earnings per share is expected to grow over the coming year. Technically, * General up trend * Beta > 1 (following the general market trend) * Broke above the resistance of $315 that dates back to 2017 and retested it as support * It's approaching and testing resistance that dates back to 2019 and is looking to break through Final thoughts: * This is a good long term hold as the company is generally doing really well. * It's currently undervalued, meaning it's actually worth more than the current price. * Now would be a good time to get in if you're looking to hold this for the long term. * If you're looking for a discount, look for buying opportunities around the $340 area * If the price closes below $340 then look for buying opportunities around the $330 area. Alternatively, if you like to buy high and sell higher, you can look for the price to make a weekly close above $355.36.
NASDAQ:ULTALong
by HaseebKhan_90
GBPJPY ANALYSIS (sell)The price is failing to is finding resistance at the upper line of the ascending channel and is failing to create new highs. In addition to that the price is also creating a head and shoulder top reversal pattern which when combined with the ascending channel setup gives as a reason to consider for short trades. We set our pending orders below the current support line expecting the price to come there and get us into the market. Our entry and exists are as indicated on the chart. We know what we are doing and we do what the market is doing. This is more than an institutional analysis.Invest wisely. Thank you for following NewJerusalemForex on Tradingview.
Short
by Piptera-Digital-Solutions
CHRUSDT is testing Daily resistance 🦐CHRUSDT is testing Daily resistance after the price bounced on the weekly support. IF the price will have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure.
Long
by InkyGrip
10
Sell NZDUSD FOR 90 pips?We are seeing this pair follow the trend like clock work. We are either looking for a touch of the white trend line to enter another trade or a break of the maroon trendline. This Is a pair I’m already in. It was overbought and it failed to break resistance. This also perfectly touched the trend line and had a lot of bearish momentum. This will be a 90 pip win if this goes down in our favor. Use proper risk management and do your own due diligence.
Short
by TheGiovannie
1
AMD looking to end year long consolidationAMD is looking to end its year long consolidation and look to new horizons. Thoughts: * Looking at the weekly or even monthly time frames you can see it's in a clear up trend * It'll have to brake and close above $94.28 before it can attempt to break through its all-time-highs. * Very high trading volume likely to push the price higher from here. Trade idea: * Judging by the price-action it seems like this may come back to retest the $87.40 area. * Look for buying opportunities around the $87.40 area. OR * Wait for a weekly confirmation (break and close) above $94.28
NASDAQ:AMDLong
by HaseebKhan_90
BNB/USDTBINANCE:BNBUSDT BNB has broken its price channel and is falling It is done with a high slope and height, which shows The power of sellers in the market is relatively greater than that of buyers And you see the price on the Fibonacci level of 1.414 once supported It has become small and that is one of the important levels for support But if it breaks, we will see a heavy fall again and for In order for the price to be able to enter the uptrend, we must first draw the resistance Break and stabilize above the 304 price line
by Dicoinex
EURUSD Strong Resistance zones are ahead once again After previous successful long that we had, now price is hitting our resistance zones and targets on the previous chart : so we are looking for opening some short positions in best place available now : The first resistance zone that is strong once too is now 0.5% and 0.61% of the Fibonacci and the second one is the daily local resistance zone that both marked on the chart with orange zones. Targets and supports ahead : A. 1.1820 B. 1.1780 DISCLAIMER: ((trade based on your own decision )) <>
Short
by MMBTtrader
11
FAST trying to make new all-time-highsFAST is trying to break through and close above its recent all-time-high of $54.31. Good news is that it's holding its previous all-time-high of $51.89 as support. With buying pressure slowing down it may come back down to retest the $52.50 to $53.10 area as support before making another attempt at breaking and closing above $54.31 Final thoughts * Strong up trending stock * Expected to have earnings-per-share growth over the coming year * Great long term hold as it pays dividends Trade Idea * Look for buying opportunities around the $52.50 to $53.10 area OR * Wait for a confirm break and close above $54.30
NASDAQ:FASTLong
by HaseebKhan_90
5
XMRUSDT Might Be at the beginning of an Uptrend @monero Welcome back Traders, Investors, and Community! Hi Traders, XMRUSDT has broken above the major Resistance, however the market is ranging now and I guess we would have a retracement at around 199.27 before we start a new uptrend. The price also may go back all the way down to retest the Resistance before it goes up. ⬆️Buy now or Buy at 199.27 ⭕️SL @ 182.99 ✅TP1 @ 222.66 ✅TP2 @ 244.05 ✅TP3 @ 274.92 We will have more FREE forecasts in TradingView soon ❤️ Your Support is really appreciated!❤️ Have a Profitable Day
XLong
by Fibonacci-Signals
2
BTCUSD, double ema on volume. Bullish rally started at the price of 33220, heavy volume came at that point, and it could be strong support, now price is near Resistance 34830, which served as a strong resistance historically, so sort setup could possibility at this point. Here using double EMA indicator on volume, could provide indication to end of trend,where 14 period EMA on 5 min time frame chart crossed 200 EMA same period. Sort setup possible at Resistance level. !Strong close above 34830 should be bullish move. Technical- Based on Support/Resistance: - Strong Suport: 33220 - Strong Resistance: 34830 ! Here I'm trying to understand double EMA indicator on volume chart, looking for more content. Image-
COINBASE:BTCUSDShort
by abhish_analysis
EURJPY - Structure Trade(20Jun2021)Do you remember that last week I've mentioned in my previous post titled, "EURJPY - Trendline" that the Bearish Shark won't form up and you can look for a shorting opportunity on the Trendline for a shorting opportunity, that opportunity alone brings you a 285pips(more than 2,850USD/lot) of net profit, and this is a spin-out trading idea from the Weekly Chart's Bearish Shark Pattern. Imagine how much you would earn if you have engaged in the trade base on the Weekly Chart? I'm not all keen on a counter-trend trade on this trading setup but if you must, a break and close above the trendline is needed before considering a buying opportunity. I will wait to short this trade at 132.67-132.88(red box) for a trend trading opportunity.
Short
by RaynLim
1
ETHUSD: Short setup under bearish trendETHUSD: ETHUSD is following minor bearish trend line (be with trend), and 2550 works as resistance level, where fresh bear rally started, third higher low after respecting trend line. so i would wait for another touch at resistance or trend line. Looking for short setup at 2550 at new resistance. ! Strong close above that could be bullish move. *trade channel based on hourly chart. Technical- Based on S/R and trend channel : - Minor resistance: 2550, look for short setup. - Minor support: 2410, (short target) - Strong support: 2321 ! leave feedback please. Image-
COINBASE:ETHUSDShort
by abhish_analysis
2