Ascending Triangle formed after a bull run.
Tight Stop Loss - risky price action.
- Target Entry: $105.20
- Target Stop Loss: $103.44
- Target Exit: $123.55
- Risk / Reward Ratio: 10.43
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as...
A completed 5 wave move featuring an extended 5th wave can be counted here. Price rejected at the top strongly and traded back down into the extended 5th wave channel and has pulled back to the .618
Honestly I haven't seen many setups as High reward and low risk as this.
I'm buying puts.
This is our primary count at the moment. It is valid while 74.92 is not broken (in that case I´ll have to recount).
1st target is the 1.618 extension of BLACK waves 1-2 @ 130.54. I´m expecting an extended BLUE wave 5.
There is a cup and handle forming on the 1 hour, along with both the 20 and 50 EMAs crossing above the 200, indicating a strong reversal. If this breaks and closes above support, could run to 100 end of next week and make a similar move as MGM did.
Over the last three days, Tickeron's A.I.dvisor has detected that CZR's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring...
Hey traders, CAESARS ENTERTAINMENT is in an uptrend with shadow of sellers and low buying volume being done. Leaning over the TIMEFRAME M1 we can see a bull headstone with a low purchase volume as it goes on its next low. Then return to its price breakout it is plausible to break the VWAP in force to climb to the next high. And if the buyers are still in...
I found this pattern at tickeron website with the following data:
STATUS = Confirmed
CURRENT CONFIDENCE = 82%
TARGET (EXIT) PRICE = 66.92 USD
BREAKOUT (ENTRY) PRICE = 55.37 USD
DISTANCE TO TARGET PRICE = 23.83%
EMERGED ON = Sep 14, 12:00 PM (EDT)
CONFIRMED ON = Sep 14, 03:56 PM (EDT)
WITH CONFIDENCE LEVEL = 99%
Once the price breaks out from the top pattern...
Bullish Break above the 200ma from a possible Bull-Flag
RSI has room to run and upward trajectory.
Potential resistance is strongest at the $46.- $48
level at the Fibonacci Golden pocket .
Volatile sector with its COVID exposure.