Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 19.3/61.80%
On April 3rd, I published this: Stop loss updated to entry after 10% profit: Primary target reached in 22 days: Now we have another possibility and we should manage accordingly!
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 19/61.80%
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 19.1/61.80%
i will long from this price targets no leverage no stop lose
1) Find a FIBO Slingshot 2) Check FIBO 61.80% level 3) Entry Point > 20.8/61.80%
All time low. Hard to believe considering the market is basically in an overall downtrend. Risky due to lack of support underneath other than 18.41 so if one were to chance it, a stop underneath this low may or may not work depending. Leveraged and will move when semiconductors stop moving up. No recommendation. Direxion Shares ETF Trust - Direxion Daily...
its been a hell of a couple weeks for the semiconductor stocks. weve blown through resistance with a vengence, and pretty much havent stopped for anything. the problem is the rest of the stock market hasnt responded with the same bullishness. just like i was in soxl coming off the top of the channel, im now in soxs coming off the bottom of the channel.
Monitor for a breakout of the descending wedge. An impulse to the $33 range should follow with a bullish breakout. (I am watching 1H MA50 also). Good Luck
Neutral pattern. If you wish to go long, maybe place a stop below bottom trendline and vice versa. No recommendation/Price is at support. Possible inverted hammer.
arent we all glad we reinvested early in semiconductors? i sure am. the short semiconductor etf is going completely insane. expect that to continue. if you look at the 5 minute you can see we are poised for breakout. we will probably go outside upper envelope, swing back to value area low before moving higher. i dont see anything thats going to stop the total...
Previous range $30-$40 holds and typically goes back up.
Defended support, on high volume, trendline support, Capitulation already took place, inverse head and shoulders break, semis are overpriced and garbage again after 40% rally. Come with me as we milk this one last time into vix 45 If this market keeps going up slowly or continues consolidating I will keep adding 3month and 10 year yields are inverted like hell...
SOXS is getting ready where, 3 other times this year, has bounced to great gains all above $62, double move. Watch for reaction in the next few days.
i imagine this down move in semiconductors is going to push mich lower, and soxs is a long at these levels into the upper 70s. the signal moving average is green on this inverse.
Such a great specimen combining an entire market cycle into one chart. 3 peaks Domed House - Distribution / Reaccumulation / Upthrust double top The entire market cycle also forms a nice Bullish cypher before the return up to where we are now. Clear accumulation beneath our inflection zone, adam & eve style double bottom BTC finished this 3 peaks domed house...
Top of keltner channel(overbought) Bearish divergence on 5 and 15min lower volume today Now above volume profile large block powell speaking tommorow high risk low reward to hold