A few factors lead me to believe this stock might make a short term reversal. First, RSI showing that bear strength is getting weaker. Additionally it seems to have formed a very short term double bottom (can be observed better in a short term timeline graph). On top of this price action could bounce off of 24% fib. The trading range is decreasing as the wedge...
My custom support resistance indicator lines show decent places to enter or exit. The Blue indicator line serves as a Bullish Trend setter. If your instrument closes above the Blue line, we think about going Long. If your instrument closes below the Red line, we think about Shorting. For Stocks, I prefer to use the Yellow line as my Bearish Trend setter (on...
$MCD broke $158.49 resistance. Analysts expecting double digit % drop in same store sales on earnings report looks priced in. Was oversold RSI. 6 touches on the downtrend resistance line. Expecting previous resistance to turn to support on way to $162.50
Hi guys, Here we are looking at the S&P 500. on a monthly candlestick chart.. As we all know, markets can't keep going up forever. Not even stock markets... for the past 8-9 years (after the crash of '08) we made a gain of more then 300% and in the last year of it's bull run it made a real "blow-off top"! everyone who follow the news a bit knows that the price...
Hi guys! Hope you are all doing well, having profitable trades and hold focus while most markets are crashing. (Crypto, Stocks,..) This post for today is one that I think is very important for you guys to know.. We know that each and everyone who's investing in all kinds of markets is doing it to make profits, go home, live well and enjoy their...
Weekly demand level around 120 Longs at this weekly demand imbalance in a clear monthly and weekly uptrend. Brand new demand zones being created in a clear bullish trend.
NetFlix #NFLX american stock is creating a brand new weekly demand level around 226.50. Previous weekly demand imbalances around 186 and 147 have played out nicely. Waiting for a retracement to this potential new imbalance to go long again. Long bias with brand new demand levels being created at all time highs scenarios.
Blackrock Inc. clear longer bias with new weekly demand levels being created. Price has not pulled corrected for months hence no retracement to buy setups at weekly demand imbalances created around 526, 481 and 424 price areas respectively. Long term long bias at weekly and monthly demand zones with new demand imbalances being created and respected.
#ABC Amerisource Bergen Corp american Stock long bias with two new weekly demand levels created around 94.5 and 76. Long bias at weekly and monthly imbalances, clear uptrending market with new levels of demand being created
The best entry point to Short Positions = Short-Term / Chart 1 Day
Apple weekly timeframe is pausing before it breaks out creating second leg out Price did not pullback yet to weekly demand at 158, previous weekly demand imbalances at 150 and 142 have played out nicely Longs at new weekly and daily demand levels
I was interested in Alibaba when it was $95 a share. Though I never invested yet, I think now is the time to say that Alibaba is investible. Whether buying it on Ameritrade, or bidding using 1Broker, I see no reason as to why Alibaba wouldn't hit a $180 price point within the next couple of weeks. This is to shed light on their very recent expansion to the...
Lufthansa AG #LHA Stock supply and demand long term analysis. Very strong monthly demand zone around 20 price area for long term buy setups. This will take some time to happen. New weekly demand zones being created higher for a shorter term position. After such a strong rally in price a bigger retracement is expected
Drone USA looks like it can have a short for a maximum 2 week holding from now given recent announcements of their Howco Distribution Warehouse and drone sales (Yahoo Finance). The drone market is expected to take a more positive boom the next years, especially in 2018. Overall the correlations for Drone USA since going public have been negative for a while. They...
With the recent release of the Last Jedi plus the "Incredibles 2" movie coming in June of next year, I could expect some positive returns between now and then for a long term holding position until mid June. This is low to medium risk, and amid the market acceptance of their movies and continued "hotel" growth. However, with recent box offices and the acceptance...
Given the recent small rise in cryptocurrencies, as well as less reliance on credit, MA seems to be a short holding strategy for the year to come. This month in general because of policy changes and competition, have been non profitable. However, the yield is at 0.66%, and a 0.11% expected return average the next few days. Mastercard as a company though is...
Bitcoin Futures had a huge positive correlation for its entry point and now the correlation seems negative. This is due to an after entry crash. Also people, aren't sure about this adaptation of $BTC. However, given the recent correlations in prices, there will be some small demand for Bitcoin Futures and it is expected to go up in value the next few weeks....