Notes: * Excellent earnings record * Very strong up trend in the long term * Breaking out of a ~4 month base * Formed a larger cup with high handle on the monthly time frame * Broke out with higher than average volume before earnings Technicals: * Sector: Consumer Defensive - Household & Personal Products * Relative Strength vs. Sector: 1.3 * Relative Strength...
Notes/Thoughts: * Great earnings record * Strong up trend * Breaking out of a ~13 month base with higher than average volume * Recently used historical highs of $65.56 as support * Last bullish hammer indicating tonnes of demand below $67.49 * Extremely close to the broken resistance of $67.49 offering a great risk/reward Technicals: * Sector: Basic Materials...
Notes/Thoughts: * Strong earnings in the recent quarters * Strong up trend in the longer time frames * Broke out of its base and started to move higher but due to recent market conditions it pulled back and is now showing signs of continuation * Close to the pullback recovery area of $127.11 * Recently tested historical all-time-highs of $114.47 as support ...
the price is testing historical support on 0.19$ as you can see on the upper chart, where the previous bullish impulse started. On the 4h timeframe, the price is creating a descending channel How to approach? The price needs to hold the support and have a new breakout from the descending channel and static resistance and retest it as new support. According to...
Hello guys, Based on the chart, a breakout happened on a resistance area last week and now we are waiting for a pullback on our support area (change of polarity feature) and if all the things go well, we can consider a good buy opportunity for following days. Note: This post will be update base on market reaction. ✅✅ If you found our analysis useful, please like ...
The price is in the accumulation phase below the daily and weekly resistance on 226$ As you can see on the daily timeframe the price created a double bottom in 140$ area, created a W pattern retested it for a new bullish impulse until the current resistance. on the 4h timeframe, the price is creating a channel between the 209 and 226$ How to approach? The price...
* Great earnings so far * Breaking out of its IPO base with a cup and handle pattern * Sector: Technology - Software - Infrastructure * Relative Strength vs. Sector: 10.83 * Relative Strength vs. SP500: 406.08 * U/D Ratio: 1.68 * Base Depth: 48.82% * Distance from breakout buy point: 1.81% * Volume 39.73% above its 15 day average. Trade Idea: * Playing the...
Notes/Thoughts: * Strong up trend in the recent years * Okay earnings with growth expectation * Closed just above resistance of $9.07 * During the consolidation from March 23, 2022 the volume was decreasing; now it's increasing and back above the average * A high Relative Strength along with the high UD Ratio shows this may be ready to move higher. Technicals:...
Notes: * Good earnings record * Very strong up trend on the monthly * Breaking out of a ~8 month base for the second time * Has been ranging tightly for the past few weeks between $123.27 and $119.94 Technicals: * Sector: Healthcare - Medical Devices * Relative Strength vs. Sector: 1.2 * Relative Strength vs. SP500: 3.88 * U/D Ratio: 1.13 * Base Depth: 20.9% *...
Notes: * Great earnings in the recent quarters * Strong up trend in the recent years * Breaking out of a ~11 month cup shaped base with higher than average volume * During the recent pull back the volume was decreasing indicating bullishness. Technicals: * Sector: Basic Materials - Steel * Relative Strength vs. Sector: 7.19 * Relative Strength vs. SP500:...
Notes: * Excellent earnings * Very strong up trend in the longer time frames * Breaking out of a ~5month cup with handle pattern with higher than average volume Technicals: * Sector: Real Estate - REIT - Industrial * Relative Strength vs. Sector: 2.29 * Relative Strength vs. SP500: 7.54 * U/D Ratio: 0.96 * Base Depth: 20.72% * Distance from breakout buy point:...
Notes/Thoughts: * Broke out of $29.87 once again this time with tonnes of volume and a printed a pocket pivot! * With increased hedge fund activity it makes sense to get in now * Has the relative strength and the UD Volume indicating that it's ready to move higher Technicals: * Sector: Industrials - Marine Shipping * Relative Strength vs. Sector: 11.25 *...
torrent pharma broke out of multiple resistance zone of 2860-2862 with decent volumes. could be bought with mentioned stoploss & targets.
NFA I decided Ima start sharing my ideas with the community so here is one BINANCE:AUDIOUSDT retested the 1.0 supply zone and went for a lil uptrend it's now trying to break the 1.3 ish resistance , so I'm interested in a LONG if it properly fixes above + it formed a wedge on 1h tf that looks ready to be broken , which is about to give some more...
* Good earnings * Very strong up trend in the long term * Broke out of a ~4month base and now retested it as support * Sector: Healthcare - Drug Manufacturers - General * Relative Strength vs. Sector: 8.35 * Relative Strength vs. SP500: 2.56 * U/D Ratio: 2.21 * Base Depth: 26.05% * Distance from breakout buy point: 1.01% * Volume 145.18% above its 15 day...
Notes: * Solid earnings in the recent quarters * Strong up trend in the long term * Broke out of a base on base pattern * Initially created a base of ~9 months, broke out and created a smaller base of ~4 week and is now breaking out again * The ~9 month base was just above historical highs of $73.19 setting it as support * Making new all-time-highs * For the past...
The price is testing the monthly resistance, as you can see on the upper chart, the price got rejections for that area in the past. 23.5$ is a key level for DOT. on 4h Timeframe, the price is creating an ascending channel. How to approach? The price could have a pullback on the 4h support on 22.30$ before a new breakout from the 23.4$ (monthly resistance.). So...
The price had a breakout from the daily dynamic resistance and now is trying to have a breakout from the static resistance. On the 4h timeframe the price is below a supply zone on 7$. How to approach? The price needs to create a new bullish impulse and breakout from 7$ and retest that area as new support. According to Plancton's strategy , we can set a nice...