Technical analysis is applied in all regulated financial markets, and the higher the capitalization, the more we get the statistics of Winrate % and Risk Reward that we know and that is why we filter certain companies based on their economics. Our strategies use classic technical analysis, spreads on some commodity futures, the purchase of shares with options...
Sure itll gap up this am,nice exit for ST traders, but cant see it staying up Chart has notes
Oil looks to have peaked, STO good short, GAP near 5.50, could be inverse H&S or continues lower if Oil makes new lows, top in the short term is in...
STO made a new high for the week and closed strongly. Price breakout is confirmed. We will buy a small position in STO.
If STO makes a new high (on close price)... buy the breakout.
EXPECTING A SWIFT MOVEMENT UP TO AROUND THE $3.33 MARK.
Feb 12: 23.00 AEDT Ok here is one for the oil bulls. This stock has been beaten up recently, but the falling wedge and solid volume support at $3.60 and $3.90 suggests ST potential. Weekly Support is rising underneath, but at $3.50+ Ok the Trade: Buy now on the bullish gap bar at $3.90 SL $3.80 TP#1 $4.10 TP#2 $4.40 RR := 50/10 If it fails - re-enter at the...
Follow up from previous idea. As seen in the chart there should be a short term drop of price. case A & B: this is the bull case, if the down turn doesn't fallback into previous massive 2-hour level central region. We are expecting the current 30-min up trend to resume. case C: this will be the bouncing case, where we fallback onto the 2-hour level central...
on 30m frequency, technical analysis using the CHAN theory: comparing the two vertical region, the first drop is very much stronger than current one. While the "central region" in the middle is holding current movement of price. This concludes that the downward momentum has been depleted, and it should favour upwards movement. technical analysis using MA: MA34,...