The last signal to buy on this strategy was given September 15. The price of the asset at the time of entry into the trade was 61.4. Our goals for this trade are as follows. Take-Profit is set at 122.8. and Stop-Loss Order at 52.2 At the moment, the price is moving well in the signal direction, and we we have already had a profit of 2.61%. By the way, this...
Long term down trend: target 103/85.82 Short term: rebound to 127/158
Entered some sunny optical stock and have a lot of confidence due to the recent underperformance of the Hang Seng Tech Index. Looking for $220 and let's see if that happens!
Prices are facing bearish pressure from our resistance in line with our 61.8% Fibonacci retracement and 100% fibonacci extension where we could see a further drop below this level.
A follower pm me and asked about my opinion on this stock. My last post was here Currently, there is much selling on this stock as you can see from the past 4 days of red candles , ie selling. My conjecture is it should find some support at the 200 price level for a while before it decides to continue the bullish trend or falls some more ,likely to 188.20....
Sunny Optical 2382:HK has pulled back to hit its 10 day MA which it has historically respected. It also happens to converge on the bottom of its regression trend channel at $210. There is currently some indecision in the market, but if it trades up tomorrow, it would be a good time to get in, with an initial TP of $223.40 where you might release half. I expect...
It is the Chinese supplier of AAPL and generally follows AAPL. I think that correction will end this week and it will go up
Read latest article here and here As a component supplier to Huawei, this new sanction by President Trump causes its price to fall as much as 11% yesterday. Let's wait for the dust to settle before initiating a position.
Up or down which way to go? Indicators are showing bearish divergence but candlestick chart shows pin bar on the resistance (21MA) and ascending triangle pattern.
Is it going to pull back before getting higher or go straight up???
No position yet. Waiting for 111.5 for entry, and TP of 120 for long. If 111.5 becomes a resistance, then consider shorting. A reason TP for shorting is 106.
Some insights with sunny optical. No position at this moment, but I labeled out some ideal support zones and resistance zones. Hope this helps.
28/11 Bullish Breakout with higher volume than average, bundle with recovery MACD & bullish RSI
When you see the confirmed up signal, it does not mean that you buy stock on the next day. As a technical analyst, you also watch the best price action. In this example, I use Ichimoku cloud analysis.
For those students who use VectorVest “Midas Touch” long term investment strategy. The calculation of MA Stop and MA is different. I can hardly align exactly SMA to MA Stop, therefore the crossovers appear in this graph are slightly difference. First of all, please go to VV University to learn how to use Midas Touch strategy for long term investment. Then, study...