SNPS - formed a wedge on low volume. I expect volume to come here next days. I will be watching for entry after 8EMA recapture.
Reasons for bullish bias: - Price bounced from trendline - Price has tested recent resistance turned support Entry Level: 525.42 Stop Loss Level: 476.00 Take Profit Level 1: 574.84
Synopsis looks topped out, RSI divergence as confluence. Short targets are around 375 as TP 1 to 350 as TP 2. To play it super safe, short to ~418. Simple setup, good luck!
Analyzing the options chain and the chart patterns of NU Holdings prior to the earnings report this week, I would consider purchasing the 400usd strike price Puts with an expiration date of 2023-9-15, for a premium of approximately $6.40. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to...
Entry: with price above 468.03 Volume: with volume greater than 2.69M Target: 511 area Stop: Depending on your risk tolerance; Based on an entry of 453.70, 232.84 gets you 3/1 Reward to Risk Ratio. This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while...
Entry: when price clears 468.03 Volume: with daily volume greater than 2.7M Target: 511 area Stop: Depending on your risk tolerance; 453.70 gets you 3/1 Risk/Reward. This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not...
This is the bullish move that completes the right side of the larger W pattern The most recent W is slightly shaped differently with the middle of the W being higher than the left side This could be a bullish sign plotting a higher high which supports the first argument Price labels are the middle of both W's
IGV, a Software based ETF, is currently at the 200sma which has shown support before. It is also at horizontal support from February highs. Trade setup is drawn in chart. The risk-reward-ratio is above 4. Top 10 holdings MSFT (10%) CRM (9%) ADBE (9%) INTU (7%) ORCL (6%) NOW (5%) ADSK (2%) PANW (2%) SNPS (2%) WDAY (2%) Good luck.
Quantamental Tools for Proprietary and Retail Investors. Statistical Arbitrage Opportunities Delivered to Your Inbox. QuantChart. io Long 1000 $NOW Short 2106 $SNPS Mean Reversion Time: 12 Trading Days
there is market going so high move on impulse. so market need a minimum retrace. my opinion is market going down at least 200.
Signals 17/07/2020 Hi Guys, we were away for a while, but we’re back with some signals EURUSD – the price is trying to hold above 1.14030, if it manages, long with a target at 1.15. If it impulses below, short at a pullback with a target 1.134 XAUUSD – The price is trying to hold above 1795, I recommend a long with a target at 1900 MSFT – I expect a...
The previous resistance at 2635 was broken after 3 attempts and now, forming the new support line at that level. New resistance is currently at 2810 and has been tested twice. Look like it might head down a little before trying the resistance again. The stock market continued to rise last week, even as Labor Department data continued to show signs of high...
As requested by many to take a look at equities market, i shall do some basic analysis from now on on the shares market in US and globally. Equities Market just surged for futures of S&P500 because the Federal Reserve Unveils Unlimited QE Amid All-In Effort to Confront 'Severe Coronavirus Disruptions'. I think this is the first time its ever done an unlimited QE...
The S&P 500 index is a benchmark of American stock market performance, dating back to the 1920s. The index has returned a historic annualized average return of around 10% since its inception through 2019 and thats a good representation of the market. Compared to fixed deposits, yearly returns ranges from 0.5%-2%. While that average number of 10% may sound...
We know it's hard to pick stocks in the current environment, but there are some bargains to be had. One worth playing is $SNPS. $SNPS has strong support around the $132 level. The company is out with news today: Introducing Synopsys DSO.ai™: The world's first autonomous AI application for chip design MOUNTAIN VIEW, Calif., March 11, 2020 /PRNewswire/...
SNPS failed to maintain its new all time high price, and moved down as selling for profit by large lots overwhelmed smaller lots buying. The pattern is support, at a weaker support level.
S&P500 made a nice drop recently, which we labelled it as a wave 4) pullback with possible support near the 2976/2965 region, where former swing lows can react as turning points. A new rally in impulsive fashion would confirm a completed wave 4, and ideally new highs for a wave 5!