Walmart is going to be consolidating for a bit around the support that its been hitting but overall Walmart is going upwards, it keeps making higher highs without breaking support easily looks like along for Walmart around the 120.92 support Once the MACD creates a new lighter red candle (bear candle) we can expect an increase of around $8 dollars towards the...
Extremely popular ETF among retail investors United States Oil Fund got banned from trading Oil. Less than 1 month after a 1 to 8 reverse split. The number of holders on Robinhood, a popular broker among retail investors, has been going up despite all the negative news. Actually it has been going up more the more negative news there have been. How to write about...
DSKY - good idea for long: 1. Retest of previous short trend (weekly timeframe) 2. Alltime level retest (weekly timeframe) 3. Break of current short trend (hour timeframe) Profit / risk: - take at 101 at 50% Fibonacci level (18.6%) - stop at 82.9 below previous candles shadows (2.6%)
It is again coming back for the resistance couldn't break since March. It is above 20SMA (red) now, RSI should get above 61.50 accordingly., If you find my charts useful, please leave me a "like" thx
Take a look at the chart, We got to gaps to fill and HOME is opening there store next week. Follow me on twitter: OTCSniper AKA - Market Madness
It needs to break out the trendline and i would wait to get above $216.21 for bullish action. 50 and 200 SMA are the support. Watch for RSI trendline as well. If you find my charts useful, please leave me "like" thx
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Contextual immersion trading strategy idea. Wayfair Inc. engages in the e-commerce business in the United States, Europe, and internationally. The share price rose after good earnings. I see some preconditions the share price will continue growing. The demand for shares of the company looks higher than the supply. These and other conditions can cause a rise in...
First off, please don't take this seriously or as financial advice. As always, this is on opinion based basis. That being said, let me get into a few of my insights. Right now, FHRC is doing quite well as a retail brokerage following a bullish run from what I believe to be a bearish price correction due to the period we are in. This is remarkable given other...
It is rare to see a real V-shaped recovery, IBUY will most likely test previous all-time-high. $54 to $56.5 is an important range. To see it more clearly, just zoom out, or use a weekly chart. OBV has been indicative... as we cross above or below the 200sma, we can see OBV start a trend, either down or up, in conjunction with the 200sma. After our most recent...
Possible cup and handle pattern forming here. Major support ($6.18), Major resistance ($7.76) and break above (8.00) psychological resistance for retracement to gap fill territory ($9.20).
Looking at Walmarts chart it seems like it is infamous for filling gaps made pretty quickly last gap made was around the 127.33 price which i think will get filled tomorrow on 5/1/2020 to start the month our in green but it seems like whenever gaps are filled they are taken right back so maybe set a TP for the 127 price range also MACD on average makes around...
RSI divergence is our main sell signal here. There's also some fractal support/resistance here. Will be re-entering $M @ 5.20. REMEMBER Risk Management 50% of trading Technical analysis 25% of trading Fundamentals 25% of trading Don't forget to drop a like! Feel free to engage and ask questions! Best of luck to everyone!
On the news we could see some re-openings of the economy in certain states. Retail is breaking out of a 2-week consolidation channel; after a double bottom April 3rd. RSI @60, is in an uptrend. (Bull) OBV is still consolidating (Bear) We are testing the 50% fibonacci retracement line at $36.5 (closing price will be important)
Target Corporation (NYSE: TGT) Target Corporation is a well known discount store that been around over 100 and went public around 1967. JesusTrade Score: Buy Scale Score Risky (7/10) Portfolio Hold: Monthly Swing Fundamental Reasoning: With earning around the corner, their numbers need to be payed attention (up the trade score due to earning being...
Big giant Amazon is about to break out the pivot resistance so far. It is important how it will be closed by the end of this month. It may stall when the RSI hit the resistance. Volume + RSI + Price vs Volume +
$ELA formed cup and broke out the pivot resistance on last Friday. It couldn't close above one day before candle though. RSI hit the resistance back intraday so it may form a handle.