JNUG made a bullish trend line break yesterday in response to the dollar's bearish trend line break. Now JNUG is testing a second trend line, which it has so far failed to decisively get across. Keep an eye out for either a move across the trend line with good volume or a bar close above the line. I expect that JNUG will successfully break this trend line soon,...
welcome to another free signal of Week 42 Nr. 2
How to trade: Wait for the retest of the trendline and sell after rejection!
Market Sell: 108,737
Target 1: 108,450
Target 2: 108,315
Target 3: 108,159
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A bullish shark set up to tackle the sideway increase volatility that was deemed untradable in the past before equiped with the right knowledge of shark pattern.
Pending Order set, waiting for engagement of this shark pattern.
Yesterday CenturyLink broke above a 4-month trend line on the strength of a couple recent earnings beats. The stock is down almost to 50% year over year, whereas earnings are up almost 50% year over year. The stock is therefore a great value and has lots of room to run. On the volume profile, it's got clearance up to about 14.20. Recognia's price target is 15.20-15.90.
On the daily chart, the market has my favourite setup, a descending triangle, however, the sad news is that the RSI wasn't overbought which is important to me for that strategy of mine.
Hence, I will be waiting on the 4-hourly chart for a selling opportunity on a bearish bat completion. Given that it will then have an extreme break of the trendline of the...
AMD has just made a bullish trend line break. It hasn't surged across with strong volume, so I suspect we'll see a bit of a pullback before it moves higher. However, AMD should be bullish for the near term.
Hello, traders, investors and community! Today i am taking a sharp look on the retail-giant AMAZON and what we can expect in the next weeks and months! So lets start, looking on the weekly chart of AMAZON you can see this long trendline which begun january 2015 and ended october 2018 with a sharp decline in price, you can see it on my chart. It is marked with the...
FOCUS!! Let's dissect this chart 1 by 1 like how we did our oral exam when we were much younger. :P
At a bigger picture, I have spotted a bearish shark pattern, noted on that as a potential reversal zone and I want to get involved with that but is too early to say.
Situation Awareness: Right now the market is in the sell zone until it breaks and closes above...
Genting SP saw strength today breaking out of its downtrend line with its Relative Strength indicator trading above zero, thus outperforming the market. FFI is also showing positive fund flow
Thus, there is expectations that Genting has exited its Mark Down phase.
1st Target: S$0.95
2nd Target: S$1.00
Stop: 10DSMA Trailing Stop
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade...
GOOGL has been following an uptrend line all of 2019. Today it closed pretty much right on the line...
There are two potential outcomes at this point. Either GOOGL bounces here or it breaks through the uptrend line.
Either way, this is a great place to start a trade and use the uptrend line as your guide.
Pinterest has broken its downward trend line three times now, and each time it quickly resumed its downtrend. This latest time may be different, though. Pinterest hit a previous low, whereupon it received a big spike in volume. The analytics firm Pivotal took that as a cue to upgrade the stock to "Buy." Volume has remained high, so the next trend line break might...