EUR/ZAR is in an obvious up-trend. Price broke above immediate resistance and now has pulled back to re-test 16.06 and we have seen 3 consecutive trading days close above 16.4 with a closed bullish candle following a doji(daily chart). Wait for London session before entering, if price respects 16.06. Please don't forget that this pair is extremely volatile as it...
DIS had a busy 10 days of volatile whipsaw price action during the week of its earnings release. The stock may retest the prior lows again.
Eeesh.. would be very cautious Did chart for a friend Would exit towards the top of the resistance channel
HH & HL's shown on chart signalling uptrend since August 2019 At present, price made a HH. Before a HL can be made, liquidity has to be provided for volume. Thus, price will drop into the minor support before moving up creating a double top at the HH Price will get liquidity in this region to move down to create the HL. This HL will be in the Liquidity Range and...
– No interconnectable formations within main formation – No leg since mid 2016 (extremely bearish), must return to lower trend line – Significant volume drop (below average), sharp corrections expected – Unbroken PSAR series from 2016 to 2018 will now be mirrored in a down trend – 8 out of 9 indicators point to much lower stock value, 1 'neutral Very straight...
MG currently belongs to the Top 100 most (monthly) volatile stocks, and is so within very healthy boundaries and calculable formations. Those looking for a low risk short-trade, this is it. Smooth sailing to $10 or lower within 2-4 months. Formation: Left-handed closing wedge (failed)
Using the Cash in/cash out indicator (CICO) one can see the major shift from buying to selling. The CICO indicator measures a rolling sum of new money in and out of the market. The user can set the desired time frame to measure. The code is open source and directions on how to use the indicator are within the comment sections of the indicator. Don't let the 1%...
Another resistance at 8.3k? Or was that just the one all along? Idk hahaha
GBPMXN is an exotic pair that is very high risk - but also very rewarding if you find the right entry point and are prepared to lose big time. Losing? Big time? Ooops - nobody want so hear about that! Right? LOL. I was taken out for a major loss a couple months ago, as I did not appreciate how violent this pair is. But.. but I've learned a lot in the last two...
There's quite a distinct symmetrical triangle forming and as the tension grows, who knows how big it'll be with the candles very hesitant to stretch the boundaries. Keep a close eye on this stock and get ready to purchase or sell quickly.
With education seeming to take a hit, it's nearing a good entry (tal, edu, bedu, etc.), however, if you're like me and like to take a bit of risk in a more volatile stock, bedu is more appetizing than the other larger education companies. If you wait for the entry displayed on the graph, the risk is low, and the potential reward very high (though, I would...
Hey guys, I'm back to report on this new stock that I found and I'm loving it right now. The name of the company is Vale, they're steel manufacturers. This company has had fantastic earnings growth and is still undervalued with only a 5 ev/ebitda still! Their stock got beat down all the way to $2 a share but they have made an amazing comeback, obtaining around...
If I decide to reduce shares in either of my holdings (FB, PYPL), CUR would be a small bet I would be willing to take. It recently shedded about half it's value since the huge spike up. It seems to have finally found bottom. I have support and resistance lines drawn in, if I end up investing, I would set a stop just below the support, and play the sell out (limit)...
As I mention in a lot of my posts, Fibonacci ratios are great for speculative and volatile markets. ACB doing the same things as WEED (more or less). From the top a retrace to 38% from the top (scary accurate) at $7.2 and looking to retrace the correction (second fib chart on the right) in correction waves anywhere around 38% (10.2) (reached already) and 62%...
Wow volatility is CRAZY!! making fib bounces within days. Not wasting any time hitting targets! Target for WEED reached at 30$ retracing to 62% fib. Now hopefully a short back down for the final correction wave from the ABC pattern First target pickup is at 21 again, second is at 16$. Good luck and remember to take partial profits in case in keeps running...
XRP/Dollar is showing a rising wedge reversal and it hit resistances a couple of bars down which indicates massive downward movement towards the next support level (1.12 to 1.15 support zone) Hopefully this will retrace and show momentum to the upside again but cryptocurrencies can be extraordinarily volatile especially cause of the new years and future technical news.
Guys at #Kitov Pharma sure seem to be doing something right, but are they perhaps failing to appreciate some hidden obstacles in their path? My custom support/resistance indicator lines on this chart show decent places to enter or exit. The Blue indicator line serves as a Bullish trend setter. If your instrument closes above the Blue line, then we think about...