If you haven`t sold SHOP at $945:
Then you should know that Shopify said adjusted earnings for Q1 came in at 20 cents per share per share VS a profit of $2.01 per share over the same period last year and VS a consensus forecast of 77 cents per share.
Gross merchandise volumes rose 16% to $43.2 billion VS Street forecasts of a $45.4 billion.
The stock is...
If you haven`t shorted SSTK at $89:
Net income decreased 10% to $26.6 million in Q1.
Then you should know that it is getting closet to or first price target of $66.
My buy area is at $40, though.
Looking forward to read your opinion about it.
The price of USDCAD gave a nice retracement for more long opportunities last week and is currently heading to the order block at 1.3100 to 1.3200. We may see another optimal trade entry on Tuesday next week or Wednesday for more longs.
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Analysis on #EURNZD
EURNZD is one of my favorite pairs to trade and now it is providing this beautiful bearish harmonic bat pattern and ABCD harmonic pattern where the market dropped more than 1000 pips.
Trading Plan:
>> If the EURNZD completes my harmonics patterns I will then look for a short trade with good reward to risk if the rules are met.
⚡ Be...
Barrick Gold Corporation, which engages in the exploration, mine development, production, and sale of gold and copper properties looks like a safe haven just in case of a war.
The DIVidend YIELD at 1.63% and P/E ratio at 19.94 look decent.
My price targets are $24.80 against inflation and $29.60 in case of an escalating conflict.
Analysis on #EURUSD
In Monday posts I predicted that we will see some selling pressure on the dollar and that is indeed what happened, the EURUSD has been moving up for the past three days and soon it will come to test an internal resistance zone.
>> if the EURUSD continues up to test my structure resistance level near 1.1360 - 1.1380, I will then look for...
The price updates the lower extremum and after a deep false breakout rolls back to the local resistance. If the price fails to break through this resistance, then I expect a fall. My goal is strong support 154.7
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
The EUR / USD forecast assumes the development of a correction and a test of the resistance area near the level of 1.1595. Where can we expect a rebound and an attempt to fall in the pair to an area below the level of 1.1355. A test of the trend line on the relative strength index (RSI) will be in favor of reducing the currency pair. Cancellation of the EUR / USD...
The bears are in control of the situation. We are looking forward for the price to make a nice correctional move before we can open shorts and aim for the area identified on the chart
The price is on a clear bearish rally, but it needs some rest before continuing its further move to the downside. WE are buying and aiming for the 0.618 Fibonacci retardement level
As I said last weeks...I expect a small withdrawal of 30-40 pips and an extended range and then another strong climb to 1.22400 and even higher to 1.23500
...as I said last week EURUSD is in a range between the 0.236 level and the 0.382 Fibonacci level! next week I will follow the same range until it closes for at least 1 day below these levels! I still think he...
As I said last weeks...EJ will climb in the next few days or stay in this area ... Just like I told you at EG, EJ made 6 green candles on the 1 month chart, which has only happened twice in the last 15 years! for now I will be very reserved with this pair and I will look for massive SELL in the first part of May especially since W did!
EVER in EJ's history he has...
Hi Traders,
This is my view on this pair for the next few days
#AUDUSD
BUY 0.776
SL 0.774
TP 0.78
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter...
EURUSD currently on a strong uptrend across the 1HR,4HR and Daily Timeframes. Price currently @1.20968 which is between the 4HR Resistance Zone . Potential counter-trend opportunity on lower timeframes.
If price breaks the 4HR Resistance Zone (1.20923-1.21150), strong indication on trend continuation and I'll be looking for entries on the H1 Timeframe and ride...
