NSE:HDFC HDFC is ready for BreakOut at the 2760 BUY at This Level and hod until 2810 if broken 2710 Then SELL at te 2710 final support is 2660
GBPNZD Break the trendline on 4 hour chart, bearish engulfing perform, be careful of the retest correction, make sure you have more space for the stop level area.
Buy with strickt stop loss. Good fundamental stock
Weekly Head and Shoulders? Strong bearish close last week on the weekly after bears stepped in from around 1.21500 driving market prices lower. This has created what seems to be a right shoulder with price pushing towards the neckline for the completion of the pattern. High volume and a strong bearish engulfing weekly close last week indicates that sellers have...
Weekly timeframe Double Top? Strong rejection to the downside after price, for the second time has failed to break above 1.41200 in recent weeks. A strong bearish engulfing weekly close last week indicates that sellers have now stepped into the market. 1.37000 is the next support level which is also acting as the neckline for a potential double top pattern...
Good risk / reward ratio on this trade. Bullish Pennant breakout. - Target Entry: $76.00 - Target Stop Loss: $74.32 - Target Exit: $86.32 - Risk / Reward Ratio: 6.14 About me - Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong...
Good risk / reward ratio on this trade. However, this is a risky trade by its COVID-related nature. Breakout past a 3-month correction. Good momentum. - Target Entry: $29.65 - Target Stop Loss: $28.86 - Target Exit: $34.27 - Risk / Reward Ratio: 5.85 About me - Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This...
Good risk / reward ratio on this trade. Breakout past a 4 month-correction. Good momentum. - Target Entry: $17.20 - Target Stop Loss: $16.90 - Target Exit: $18.60 - Risk / Reward Ratio: 4.67 About me - Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long...
Good risk / reward ratio on this trade. The target price might be overly optimistic, but not unachievable. Great buying volume in the past few trading sessions. - Target Entry: $34.53 - Target Stop Loss: $33.93 - Target Exit: $41.00 - Risk / Reward Ratio: 10.78 About me - Note that I tend to adjust stop losses in order to secure profits early and preserve...
Love the risk / reward ratio on this trade. - Target Entry: $98.90 - Target Stop Loss: $98.03 - Target Exit: $109.00 - Risk / Reward Ratio: 11.61 About me - Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my...
Bullish Pennant formed after a steady bull run. I have not identified a clear technical target, however, I love the risk/reward ratio on this trade and I still feel this is an opportunity to pursue. - Target Entry: $36.83 - Target Stop Loss: $36.50 - Target Exit: $39.00 - Risk / Reward Ratio: 6.58 About me - Note that I tend to adjust stop losses in order to...
Ascending Triangle formed after a period of correction. The run should resume and price to hit the resistance line. Keeping the Stop Loss very tight. Consider lowering it to $22.81 if you don't have much risk exposure in your current trading portfolio. - Target Entry: $23.50 - Target Stop Loss: $23.20 - Target Exit: $26.90 - Risk / Reward Ratio: 11.33 About...
Bullish Pennant formed after a modest 9-month rally. Great risk-reward ratio and target set at a potential formation of a 1-year resistance line. - Target Entry $252.04 - Target Stop Loss $246.36 - Target Exit 279.40 About me - Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going...
News for the day; Skillz Shares Spike, Hearing Rumors Of Cathie Wood Purchasing Additional Shares; Unconfirmed. Key Data: high level of short interest allowing for a possible short squeeze to occur. Short entered in around the $30.00, if we pass this number, we may see massive skyrocket in price. I do also believe fundamentally this stock is under priced....
Here we go again, trying to manage one of the most challenging markets ever. Definitely the most challenging since my trading career started. Bullish Pennant following a 4-month correction interrupting a massive bull run. I am being very selective lately and I only trade when I see very limited risk, with potentially great rewards. This is why I like this setup....
price actually made a peak and locked it compared with TDI indicator pull backs
Have bearish engulfing on the 4hr that has to be retested. But I don't think the retest may last long. We may keep continuing up to test the weekly 1.94408 area, shoot back down as a rejection. With the large inverted head and shoulders below, we might pass up though to continue the rally. Otherwise, we may just keep dropping on down until we reach the daily...
Simple analysis but for big gains! We're looking at mainly a fundamental here. Tomorrow the Fantom Foundation will present it's blockchain to the United Nations’ Central Bank Digital Currency (CBDC) Architecture Group. (March 11) If we break the bottom trend line, trade in invalid. However as fundamentals are strong, I'll paying very close attention for an...