Multiple bullish indication on $HALO - see chart annotation for details. GLB - Green Line Break - breakout of previous ATH and consolidation for >3months.
My trading strategy gave ‘Long’ entry signal on 22July. Previous support level of $28000 is likely the next target level to watch.
$AMR has just broke out of the ascending triangle pattern on high volume today. The trading hasn't finished today, so the end of the day will be telling if it closes strongly or not. As it stands, if it retests the breakout level (& holds support) that will be a great entry point, with low of the day as stop loss for my strategy. Entry level: $140 Stop loss:...
I am encouraged with the price action and the structure developing in Ethereum. Fib Retracement analysis also suggests to me that the next price target zone could be around $5300. This is about 50% above current price. This level correspondence to the extension of previous two highs and is likely to act as the next interim peak.
Bitcoin is showing some momentum accumulation with its weekly MACD (about to) turning positive. It broke above the short term resistance (white horizontal line on the chart) Based on the short term breakout structure, I believe the immediate target is likely to be $55000. Fib retracement analysis suggest that if the momentum builds further, it could break out to...
Nice support and resistance analysis. Previous resistance acting as support now after the breakout. It retested the support and attempting to resume uptrend towards all time high. I’m bullish on Gold.
Bull flag / high right flag on Weekly chart pattern on $GFI. With further up trend in Gold price this could potentially give a 4:1 RR about 30% return as shown in the chart.
Crypto setup Solana is giving an impressive bullish pennant with decreasing volume. Breakout could lead to quick gains - watch out. I have an existing position in VIP real money portfolio. Might look to add further.
Bullish pattern -breakout of descending wedge on $Z
$PLTR provides a nice example of how AVWAPs (white line) can be used to identify support and resistance level. In addition the price has also recently broke out of $27.5 resistance level (green line) I expect further upside.
Salesforce : $CRM - breaking out of its year long base. 25% deep base. If broader market helps further upside likely.
Silver is in a huge triangle formation for the last 11months. ? Bull flag. Awaiting a break from this pattern. Will it be up or down? I expect it to breakout to the upside. Let us see. Wait for confirmation.
Positive Divergence with MACD & support at 0.618 Fib level Gap down yesterday and high volume, Lots of negativity surrounding Govt. interference with big tech companies in their home country. This stock is not in favor currently - great time to start positioning for contrarian investing. Good company and solid growth and fundamentals.
I have entered long on $VSTO due to the fundamental and technical analysis as shown in the chart. Stop loss has been trailed since. Price is moving as expected and is setting up a mini 4 day consolidation. I expect it to break to the upside and hit the profit target if the wider market supports it.
Gold has recently move above the resistance zone as published in a recent post. Silver is following suit and testing the resistance zone. The next few weeks will show if this materializes or not. I am inclining towards long position - but would like to see the confirmation by a clear breakout.
Gold is trying to recover. Still in the downward channel, now at a key resistance area as shown in the chart. Also has 50EMA confluence there. Watch out for the action around this key zone. Can determine the direction based on breakout or breakdown at this key zone.
Massive confluence of indicators which gave the strong buy signal followed by explosive move. See indicator signals on the chart. My Watchlist is performing really well.
Bought at $10.17, Nice 22% move in 7days. Lots of technical indicators converged there - MAs, Ichimoku Cloud and as shown here the Fib 0.618 retracement a few days earlier.