CTD has given an anticipated pullback lower, but the question is that, is the upside swing ready or it may go a bit lower to give a buying opportunity? I have two scenarios:
Scenario 1 - Can go higher after the recent bullish bounce i.e it may march higher.
Scenario 2 - Can dip lower towards my Buy Zone and trendline Support between $15.00 - $15.60.
In both the...
CTD has been rallying since the huge drop it experienced during the pandemic and it seems that it needs a breather before the upswing continues. CTD has been in an uptrend forming higher highs and higher lows but now we are expecting the current pullback to be deeper because of the Bearish Divergence on MACD and the Bullish Momentum getting weak. We are expecting...
CTD had broken out of the downtrend line in October with High Volume, and followed through with Bullish Price Action in the Month Of November. It made a high of $21.76 on the 26th of November and since then it has been retracing lower. Recent price action suggests that its retracement is over after finding Support and bouncing off at $15.50 (200 SMA). Currently it...
ENTRY: Bought intraday as the price action is volatile on the ZS candle. It's also mini ZS (MA 20) in weekly chart.
TP: Sell on 3rd day of ZS.
SL: PD breakdown or -4%.
BAD: There are more stocks on an uptrend so I guess it's better if I let go of this and enter uptrend stocks instead.
Have had previous charts on this from the lows and have done well so far, Moving forward it's appeared to completed a wave 1 and we're in the process of completing wave 2 now which is where I have added back in today. If the low under the start of wave 1 busts my Bullish counts will be invalid until then I'm playing this extremely Bullish and will be expecting...
We are looking at potentially up to 20% profit if we break up and above $20.80.
DYOR carefully on this stock as it has the potential to reject off this trend line and fall back to the $17-$18 levels. If that becomes the case, we can re-assess entry.
Comments and feedback always appreciated!
Yesterday at 6:02 PM
pretty much time frames under 1 hour has divereged with 3/4 possibly diverging
The ideal play here is short into green, reverse and long into red
3 TPs (purple lines)
The above was what i shared before todays open. I did not take the trade because I was up all night and early morning trading BTC. RIP ME and the easy 10%+
Will be...
