Key Notes! MA's & EMA's: - Weekly 356 Day Moving Average = $220.50 - Weekly 300 Day Moving Average = $252.50 - Weekly 300 Exponential Moving Average = $234.50 * DASHED: - 3 Month Breakout Candle 50% level = $249.18 - 3 Month Candle (BULL STANCE) 50% level = $228.73 - 3 Month (If shit hits the fan) 50% of (January 2014 important candle) = $200.84 - Strongest...
High Flying Momentum Stock Just Getting Started Today! $18 is the next target within a couple of days then $19.60 for a double top. Get more alerts at www.TheTechnicalTraders.com
Using simple price patterns and fib extensions we get two targets wit juicy gains. This is much like my NIO 21.7% trade and also like ROKU 18% trade
Looks like the buyer's may be stepping up here. Would like it to clear the most recent high's!
Not Overbought, would like to see a consolidation here.
Coming into resistance, 1st the Fib resistance, then the most recent high's. Has some work to do to get back to ATH's
Coming into a little resistance, may need to consolidate her. Not quite overbought yet.
Remember when I drew this log? This stock continued spiralling down!! Any saving it? Earnings coming up on Monday!!
Study notes on the Babypips trading course Based on this article: www.babypips.com Example is EUR/CAD, when uptrend stopped and trend shifted into a brief downtrend. The rising wedge is either a REVERSAL or a CONTINUATION pattern Bad news in an uptrend, indicates a reversal is on the cards. In a downtrend, more of the same.
Study notes based on Babypips course: www.babypips.com Momentum Indicators aka Lagging Indicators - More accurate in representing changes in trend - However, lags behind the trend shift, reducing profit margins - Less prone to false signals / fakeouts so less risky Delayed entry but higher accuracy. They can still provide some fakeouts especially when price...
Some scripts and surely more to find by: www.tradingview.com I Modified the Crypto Strength Index script to more current top volume or high value old top volume coins And very interesting fib method : Fibonacci levels can become powerful ways to find almost EXACT support and resistance levels and also time your trades. I have used them to predict turning...
Support needs to hold here, otherwise we revisit $200 and then $180?.