$IBEX35 looking attractive for a big bounce after breaking downwards resistance that was holding back price since July 2015.
The first target would be 9200 and second target 10000.
Aggressive stop loss 8400, loose stop loss 8200.
Holding $BORN at a $1.50 average. Following the main idea of Shanghai Index recent breakout, $BORN looks nearly ready for some action after accumulation around the $1.50 area for the whole year.
Exciting days could be around the corner as earnings are announced tomorrow. But it could need up to one extra month to ...
Follow the money! And your trading will be easier and smooth. You want to start buying in an accumulation area and keep adding to your position as soon as a new uptrend starts to develop.
Remember not to sell too early! You want to keep at least a decent amount of your initial position to keep riding the uptrend ...
Sometimes you feel awful because you just missed a trade you were following, for only a little... I just missed a +85% profit for $0.01... Yep, for just a cent!
In these cases, you need to remember to NEVER chase a stock. Just forget about it and move to the next opportunity, there are plenty of them, all the ...
Why do I prefer to trade and invest in smaller companies while everyone seems to be only focusing on the main ones?
The answer is easy, huge returns. You can easily make 50% profit in 1 week without any leverage and over 200% after few weeks/months. There is no way you can achieve the same results in larger ...
Interesting micro Chinese stock at multiyear accumulation area above $1.50. It could need a few more months before a new (likely) rally.
A 100-200% gain could be easily achieved as long as support area holds.
Appealing 7 months accumulation in the Shanghai Index, many opportunities ahead if it breaks above 3100. Especially watching out for underrated nano and micro companies (under $300 million market cap).
Bitcoin is in a clear hesitation zone, strong bulls and bears are trying to take control of the situation while it keeps doing lower lows and higher highs. Movements are fast and wide, especially on the downside.
The remaining days of this month will be very intense as the situation needs to resolve before the end ...
Bitcoin failed 3000 CNY and previous uptrend breakout with a huge and fast 500 CNY retrace . It's forming now a rounding top around previous trend resistance indicating buyers are exhauted and traders are taking profit at this level.
Good shorting opportinity if it breaks down current channel. With first support ...
Bitcoin is breaking out current uptrend, entering into exponential rise. As long as it holds the breakout, things could escalate quickly, heading to the next major resistance area at around ~4,000 CNY following the mirror pattern previously exposed in my other ideas.
Fundamentals, news and demand remain bullish ...
Bitcoin is forming a Cup&Handle in the daily chart. A daily close above 2500 CNY would confirm it and a daily close above 2600 CNY would confirm fully breaking the resistance area.
If confirmed, next major resistance target would be ~4000 CNY.
Check also my other previous linked ideas.
Major daily resistance is at ~2600 CNY, if broken another bull run until next major resistance at ~4000 CNY could be expected.
That would be the wave 5' of the mirror pattern. (linked previous idea)
If ~2600 CNY resistance holds this second attempt it would enter into a triangle.
This is not a prediction, just a market analysis.
For the last 6 months Bitcoin price has been following a mirror pattern in the weekly time frame, if it keeps following it next step should be around 4000 CNY.
It is possible to see a small difference with the right side being always a bit higher since market is ...