UPTREND It's another good position for buying after this breakout .Add or enter to it . Good SL can be at 52
uptrend As my other charts ,it'd a pullback to broken price level and triggered by two good bullish candle above the support line .
Key point. If it bounces off either of the pink lines I would expect big low.
After a nice impulse wave I expect a correction. It can be easy or few deeper. Will wait
The level of confidence in this trade is moderate. While I like this setup, I am not fully convinced about the target price. Bullish pennant formed after a 6-month bull run, betting on momentum keeping going. - Target Entry: $50.32 - Target Stop Loss: $49.34 - Target Exit: $54.22 - Risk / Reward Ratio: 3.98 About me - Note that I tend to adjust stop losses in...
BK extended its wave 3 hitting the first target. I will useEMA 50 hourly to follow this trend
What do you think? Like, Agree, Disagree, Follow!
BANK OF NEW YORK MELLON SIGNAL : Buy @ $46 First Target : $50 Second Target : $54
Good afternoon, I sold to open 2 bear call spreads. BK 04/23 47.5/48 Bear Call. Since I shorted call spreads I received the income right away (cash inflow). This strategy protects me against theta decay and IV drop. I only get back the full collateral if the price on April 23rd is less than or equal to $47.5.
This will as earnings approaches but will tank shortly after. XLF is in a major correction. Intermarket analysis👇
Cup and Handle forming and decent accumulation volume. On breakout this may run upto $48.50 Stop loss: Use today's(2/22) open: 42.19
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Hello traders, BANK OF NEW YORK MELLON CORP is a bearish fake dynamic with a large volume of purchases issued and a trace made of sellers. In TIMEFRAME M1 we see the title which makes a hammer bear candle with a high volume of sales at the end of the session. It is heading towards the VWAP strong potential breakout the price to go to the next high before closing...
Price has crossed the 50 EMA which is a positive sign for upward trend. The 10 EMA is also very close to crossing the 50 ema. The other indicators also show upward trend is in play. Enjoy.