Banking crisis? Or should we get long? VIRT took out the midpoint and returned to the reentry point. It's giving us a chance to get long if we believe banking will keep it's small recovery going.
Virtu Financial is an American company that provides financial services, trading products and market making services. Although its fundamentals aren't what I ussually look for, its technicals are showing real strength in a market that laks strength.
After a nice leg up from a long cup & handle NASDAQ:VIRT took a rest and formed a nice flag pattern. In which,...
With RSI is strong @ 67 and rising, I am looking to buy the breakup of this bull flag between 34.85 to 35, with initial stop loss just below the low of the last 2 candles.
Let's see if it works out.
Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is NOT a trade...
Broke out on "eh" volume today. I'm long. Huge potential here if this breakout holds imo. Will get out if it gets back below the trendline and wait for a better entry but this is one of my favorite setups atm if it holds.
It wasn't a great day in the market today but I'm looking at good setups and this looks like it's forming a nice bull flag.
Watch for a breakout over $29.
Potential target: $31
Stop-loss: 50SMA
Virtu Financial is the second player after Citadel in the market-making industry. It smashed recent analysts' expectations and is very confident towards 2021. To remind you that the company makes most of the money during high volatility, which I expect to keep higher numbers throughout 2021, as there are a lot of market imbalances. More than that, $VIRT took the...
Had my eye on this one since early January but was looking for a little bigger pullback than we got so never pulled the trigger. Probably not going to chase personally but this probably goes higher.
GS recently reported earnings. Revenue from trading stocks and bonds surged 93%, surpassing what analysts had expected by about $2.5 B.
This news bodes very well for HFT firm VIRT which reports on Aug 7. According to Zacks, Virtu Financial is expected to post EPS of 1.57, or a year-over-year change of +881.3%. Rev is expected to be $647.24 million, up 170.9% from...
Market Solutions provider and algo trading company.
I like this one. Bought it at inception and I think one full cycle is done with a potential of starting a new Wave set.
Cheers.
Hey traders, VIRTU FINANCIAL is in the configuration of an aborted attempt by buyers, these 3 days of strong sales volume have been executed, aptitude to hit the trend line and the strong trend support to start rising again.
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