DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
ADVANCED MICRO DEVICES, INC. - COMMON STOCK, BANK OF AMERICA CORPORATION COMMON STOCK, SPDR S&P 500, 12 RETECH CORPORATION, ISHARES MSCI EMERGING INDEX FUND, SPDR SELECT SECTOR FUND - FINANCIAL
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Could be retracing. Would consider taking profits early and not expect a complete correction into the $40s. Not trading advice, just my opinion.
time for a swing trade !
Nice break from multi-year base, but light volume looks suspicious, as does this weekly candle so far. Solid fundamentals but heavy institutional sponsorship (95%+ here) without volume suggests it may be susceptible to rotation. No position, could be short on a break below ~35.
29.75 27.47 33.17
This chart I have setup is more intriguing than your average angle chart. The stock is nearing the end of its current trend (4hr candle interval). I would feel comfortable going long on this stock while being weary of the first candle, I will explain...However I would form a second position (short) with the stop loss in the same zone as the long position to ...
LKQ seems forming a Head & shoulder formation, but its yet to break below its neck line. If it can break below $30, it will be a good shorting opportunity.
Date first found- February 9, 2017
Pattern/Why- Possible Head & shoulder formation
Entry Target Criteria- Break of $30
Target & Stoploss - TBA
(Note: Trade update is delayed here.)
LKQ expected to open at 24.20 for a Perfect Gap N Go. To learn to trade this strategy for free go to www.RealLifeTrading.com