Beginning of the Uptrend for Stock #01Beginning of the Uptrend for Stock #01: 9988 (BABA)
The price has broken out of a consolidation range that lasted approximately two years, supported by a normal volume distribution.
The stock has risen to meet the Fibonacci Extension resistance level of 161.8 at a price of 144 HKD. Currently, it is forming a sideways consolidation pattern on the smaller timeframe, establishing a base structure viewed as re-accumulation.
The 6-month target is set at the Fibonacci Extension level of 261.8, whic
Uptrends
Observing Bitcoin's UptrendsEach time Bitcoin has entered an uptrend, it eventually reaches a new ATH and then loses the uptrend about a year or so later, and the begins a new and weaker uptrend.
Its first uptrend was lost about 2-3 months following its ATH, and the 2nd and 3rd ATH failed to re-test the bottom of that trend.
When the 2nd uptrend was lost, the next ATH perfectly re-tested the bottom of that trend before dropping and ultimately losing it.
*** This time is not like the others ***
Within approx 5 months of
Powerledger (POWR) is in uptrendHello Traders,
As you can see in weekly time frame, Powerledger ( POWR ) is in short-term uptrend, if it continues uptrend then it may complete cup pattern by reaching previous ATH. If it reaches previous ATH then it is big profit for us.
Recently POWR is listed in Binance, Coinbase and KuCoin exchanges so I am expecting lot of people investing into this token. Remember this is weekly buy so you has to hodl POWR for weeks, be patient.
Leave your opinion in comment section. Follow us for rel
Stocks To Watch This WeekThe Market's longer term uptrend still intact. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 20 total stocks on this list Many of these have IPO'd in the last few years and still have a growth story ahea
TED break and retouch of 200 EMA.Following a break of the medium term downtrend (from recent peak), last week saw the break of the 50 and 200EMA, then 2 days ago a small sell off and retouch of both, followed by a reversal suggesting a continuation of the recent new uptrend.
MACD still positive and RSI still rising on the daily chart.
Position ahead of trading statement on 7 Sept, which follows other's in the sector which have posted signs of positive post covid turnarounds.
TLong
CRV to the moon. A coin that discouraged everyone last seasonI have only used fundamental analysis in this chart and my recent Bitcoin analysis has made me consider giving you this great idea. This week will be the decisive week of Bitcoin weekly with a number of indicators that have a very high probability of giving good signals. This is one of those coins that last season a lot of people held and then left it, which was the decisive factor that made this retest be perfect.
Anything that doesn't make sense, please give me a comment. Please motivate me t
NEVER TRADE AGAINST THE TREND - GBP USD BREAKOUT REVERSALThis summary of the recent rally on the GBP USD highlighted the important rule of never trading against the main direction of the trend. The only exceptions to this rule are
1. Reversals at Major Resistance/Support Consolidation Boundaries of the Monthly, Weekly or Daily Charts.
2. Reversals at Major Resistance/Support Price Points of the Monthly, Weekly or Daily Charts.
In the absence of any of these scenarios, trading in the general direction of the Daily Chart is always your better choice
Stocks To Watch This WeekThe Bull Market is strong, the end of 2020 saw many growth names pull in or consolidate which gives a better reward to risk entry. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 30 total stocks on this list. I add an additional 3 stocks that are on my potential short squeeze watch list. Many of these have IPO'd in the last few years and still have a growth story ahead of t
AAON at epic opportunity NASDAQ:AAON
Just noticed this stock and this great opportunity.
those position I like the most because you catch them at the start and can take high profit from just solid trend.
I have multiply reason to buy this stock:
Uptrend - this stock keeps going up few months now, just move up your stop command once in several weeks, and its a great profit.
very strong support level - as you can see, the support level gave me confident along this year so now after it send this stock back u
Uptrend HH and HL Trading examplehow to spot uptrend
1) adding a trend line in the chart which works as a support .
2) breaking of downtrend
HH : previous high
HL : previous low
trading uptrend market is simple
here HH is acting as a support so take time and add a zone at the higher high and analyze the candle (hammer , pin bar) perfect and at the bounce add some in to portfolio.
HL : price retest this zone and break the HH and again retest the HH as a support .
NZDCAD trend continuation opportunity on daily chartWatching the big picture, we are still on an uptrend on the weekly and daily time frame which makes me look for trend continuation opportunities. Currently price is at a very sweet spot while RSI approaching oversold levels. Great risk:reward if entered at market if conservative stops and targets are used as illustrated on the opened long position in the chart.
Perfect illustration of a Flag formationThis was an analysis of the DXY I did previous to the whole price movement upwards. My analysis was projected 09/09/2016 at around 7am before the market started moving. This is just to show you that technical analysis is a strong and very reliable method to make profits within the financial markets. I projected the MinPO from the previous spike upwards and predicted the same movement again after a the pull back (flag). The MinPO (Minimum Price Objective) was successfully hit... now a possibility
DOW JONES OVERVIEW: MICROSOFT RESTORES ITS LONG TERM TRENDSMicrosoft is restoring its long term up trends after late August selloff
Recently the price bounced up from 10-year uptrend border, which is marked by the upper 1st standard deviation from 10-year mean @ 39.40.
If the upwards impulse continues, price will also restore its 5-year uptrend, by trading above its border, marked by the upper 1st standard deviation from 5-year mean at 43.75.
On short term basis nothing stops MSFT from restoring its long term trends, as price trades laterally within




















