* Excellent earnings year over year * Strong up trend * Broke out of a month long consolidation * Consolidating right above broken level with higher than average volume * Minimum probable ROI of 6.03% if the trade goes in our favor * Given the established up trend it will most likely be more than that Trade Idea: * Now is the perfect time to get in and ride the...
* Relatively strong earnings quarter over quarter * Strong up trend * Broke out of a 14 month consolidation with higher than average volume * Creating a new base above broken level of $593.29 * Minimum probable ROI of 28.03% if the trade goes in our favor Trade Idea: * Now would be a great time to get in on NFLX as it's creating a new base right above the...
* Relatively stable earnings * General up trend * Broke out after 2 months of consolidation with higher than average volume * Price consolidating above broken level of 192.56 * Recently used 2019 highs of ~174.15 as support Trade Idea * The price will either consolidate here or revisit the 189.60 area before moving higher. * If you're looking for a discount,...
* Strong earnings quarter over quarter * General up trending * Trading at higher than average volume * Potential to give +16% ROI Trade Idea: * If you're looking for a discount look for buying opportunities around $51.61 * This is trading at higher than average volume so there are chances that it may continue going up. If you're not so much of a discount...
MIME broke out of the late 2020 to early 2021 resistance of $59.24. It has been beating its earnings expectations consistently with only a few misses and is expected to do even better in the coming year. Looking at the long term price action of MIME, it's on a steady up trend. I think MIME may consolidate a bit, testing the broken resistance as support, before...
The Quess Corp stock seems to be very well placed with small correction and then bounced back from its support level. Buy quess corp for next 4-5 month. Target is 1050 to 1100 which is roughly 22% to 28% profits from current levels of 858. Keep stop loss of 740 on weekly closing basis.
LSCC (Lattice Semiconductor Corporation) showing signs of going higher. It recently broke out of the ascending triangle resistance around $58.38 but not with more volume than average. Fundamentally: The company's been doing pretty well with its earnings growing consistently year-over-year. Looking at technicals I think the price will go sideways in the coming...
LSCC broke the decade long resistance of $41.31 in November of 2020 and has used that price as support since. After breaking its all time highs from the 2000's LSCC has been forming an ascending triangle. As we can see LSCC was recently rejected from the $57.60 to $58.38 range which were it's recent highs and it has been using the white trend line as...
I last discussed this July 1st, 2021. I mentioned how I thought this would come back and retest the $114 area. Since then it's given multiple buying opportunities around $114 and now it has finally broken out. Question now is, can it hold? WMS has broken out of the resistance zone of $117.90 with relatively more volume but I still think it's not enough. Trade...
It's been a few days since COST broke out of the long term resistance of $389.58 that was forming since November 2020. The question now is, can it hold? Two reasons why I think it can. 1. It consolidated after a move higher and made a new 52 week high 2. Its expected to do well in the coming year. Now, looking at its past performance I think COST will come...
I can see that this is a price key level for trend change. Expecting pullback to key level, for uptrend continuation.
Base on RBS SBR too. Buy key level from M15, and TP key level from H1.
What I see is AUDUSD is going for Uptrend, as Resistance Key level is break, and currently Key level is still fresh for pullback continuation. But, there is a possibility for current price to just go up without touching key level price. Just use good money management for any possibility for pullback to Resistance key level, potential RBS Resistance Became Support level.
Recently a resistance zone is transformed into a support and the price is rejecting this trend line perfectly. According to Fibonacci retracement expect the price to double! Good luck :)
Price action has recently broken a strong resistance zone which is expected to turn now into a support zone. In case of pullback, expect the price to reject the new support zone and retest also the upward trendline before a new bull run. The price can reach 16$ in case it breaks the 100% level of Fibonacci.
Long position setup on GBPUSD above 1.4000, targets at 1.4055-1.4080
Watch Price Level 46280.55 and 48200.00 for buy opportunities. Look for a pin bar, engulfing bar or inside bar at 48200.00 or 46280.55.