SPY - I think today was like a 50% win 50% loss from our prediction yesterday. I wanted to head lower than Friday, which we did not get, and we closed green, but my prediction also said that I saw today being a pullback day or consolidation day, which it was. Tomorrow I am thinking we head higher and that is purely due to the fact that we had such a strong close....
Just having a look at Strax, Strat, Stratis and the chart is looking pretty nice. Most of my "3 Reasons For a Trade" are here We have Location: Price right at the bottom of original support Indicator confirmation: So we have OBV which is pretty bullish and in the positive numbers, people are accumulating. Seeing HL in the histogram and bullish divs working. RSI...
This is just on the h1 tf so you can see a better view
Looking to take CL_F long to the 80s by first to second week of Jan. Been tracking this one awhile.
$COST took the 2-2 reversal Month and is headed to the target 1 of $449.03 $COST also has triggered the Inside Quarter down with magnitude to $406.91 but the Q ends 12/31 Currently $COST is FTFC down
My Bearish bias is a result of an attempt to again reach highs but a failure and 2-2 continuation to the downside to unfold. Entry in white and possible targets in green.
Hello everyone,🙋🏾 Here again, Romluck with a new trading idea,💡 Wix .com Ltd develops and markets a cloud-based platform that enables anyone to create a website or web application worldwide. After an 85% drop from a bearish trend, we switched to a bullish trend. And right now we are facing resistance in the $90 area, the same area after the covid declines are...
$NVDA almost took back its gains from the previous rally as the market switched its momentum to the sell side. the cause of the selloff was due to the bad earnings of two retail giants. ( $TGT and WMT ) as the heavy earnings pass through this week. market sympathy will be focused on two retailers like Applied Material and KOHLS. any missed earnings from these two...
$AMD continues to rally on the second day of this week in the middle of Fed meetings. AMD has been a hot stock to play in the semi-conductors sector after its stellar earrings a few weeks back. Volume increased also for this first quarter of this year compared to last year. seems like everyone wants to get piece of AMD before its start to rally again back to...
SPY is still an inside month, with a bearish candle. More down side is likely. Using Strat Radar, we get an X-Ray view of what algos are doing with price action on different time frames. On the weekly chart, price retraced to a previous bearish order block, then presented a 2 up + 2 down reversal opportunity, it played out nicely. On Thursday, SPY daily chart...
$PG just close above the ema lines last friday showing some possible momentum move. recently PG got downgraded to neutral by two agencies due to inflation. but the downgrade is not bad. average move per of PG is about 1.50-2.00+ Day trade or scalp target play: 04/04 /22 Buy call above 155.49 sell at 156.35 or above. Buy puts below 154.32 sell at 153.56 or...
$SPY has been trending down for the few weeks now and it gets worst as the geopolitical affects the market. as you can see, SPY is bout to approach its support level and where it bounce recently after hitting the support level. but this time is a bit different from previous bounce since market is highly affected with the shortage in commodities specially with...
$MCD - it took out the quarterly top, is now below 50% on the quarterly, and will likely make an outside bar candle (3) to take it to 236 by the end of the quarter. SHEEESSHHHH. This could also go the other way and look to make new highs again. Quarterly (White Fib & Red 50%): Currently a 2-2 with the high taken out, possible 3 down candle this quarterly as price...
$FB continues to down trend after the disappointing earning, backlash from the whistle blower, and continued pressure by the congress about the privacy. with the overall market continue to trends down, there's highly likely that $FB will get dragged by it. i think in my personal opinion FB will be a dip buying opportunity for long term. I think the metaverse will...
$NVDA could make a possible bullish reversal here after a good earning results. although NVDA made a record breaking profits it doesn't mean it would be bullish tomorrow. overall market still looking very choppy and bearish. wait about an hour to find your entry if you want to get in cheaper prices for options. Day trade or scalp target play: 02/17/22 Buy call...
From the Strat Radar, we can observe the following: Monthly 2u-2u-3 with a down candle Weekly 2d-2d-2d, down trend Daily 2u-1-2u. So a likely scenario is: market run out buy side liquidity above weekly high two weeks ago, then meet overhead supply and reverse, joining YQM bearish continuity. This is not investment advice, just pure chart study.
One of the largest dividend payer on the TSX set to increase that dividend by the end of year/early 2022 They move 25% of nat gas in canada and us on top of solid portfolio of renewable assets Doesn't get more blue chip stock than this. I like to focus my portfolio on companies that are leaders in whatever field they operate in and have shown clear outperformance...
We are currently only - 4% from ath of 4545 Looking at the quarterly time frame at the top right corner we can see a clear shooting star formed On the monthly (bottom left) we are already 2 to the downside after a 3 candle which is something important to pay attention to. Look at previous 3 (outside candle) on the monthly and you will see they usually signal a...