MKR is approaching the support at the $430 mark. It's already been stopped at this support 3 times in the past and never was broken through. I´ll wait for the testing of the support and then the first candle above the SMA line.(Not financial advice, stay safe!)
BLU stock got beaten down a couple days ago due to a failed test. However, with that happening, there was a 70% rebound the same day to $4.45(now our resistance).
Very volatile and I´m looking for further downside in the short term before a rally. Again, only my analysis and do your own research, but I believe this stock will go to the $4.45 in the near future...
MKRUSD approaching a support @ $435 and I have an alert @ $440. Once MKR is around the $440 price, I will enter a position and have my stop loss under the support line for a worst case scenario 2% loss. However, if MKR bounces off of the support like it did previously 3 times, it will net at least 10% profit In my opinion.
Here is my opinion on XTZ on the 4 hour chart and I believe it will retest the next support marked by the blue line which has been a strong support for XTZ.
Remember these are just my opinions that I have developed through by own research!
Jnug is a gold ETF that is super volatile and as you can see the price action has been absolutely wild!! These support and resistances that I have set really help to predict this price action. Jnug is much more riskier than my other ideas but also offers a greater reward in my opinion. I still believe that this is a good buy but proceed with caution.
These are my support and resistances for Sabr that I have been using since start of 2018. Sabr is again a solid and stable company that is part of the tourism and travel sector. They have been trading between the $20-$26 range for over 2 years now and will continue to do so in the future(if not higher). Really good company here that has the potential to grow...
This chart for RWT displays the stability of this stock especially since the start of 2018. The most that this stock dropped was down to $14 and the most it moved up was $18 over the past 2 years(about 25% move). There are some clear resistance and support lines for RWT. This is a great stable stock that in my opinion is very cheap at this moment.
Guys, think about it, the oil can not stay at $23 per barrel and it will have to go up. The Saudis and Russians will make a deal in order to fulfill their interests. I made
this chart just to show you when oil dropped 75 or more % and how it recovered to give you an idea about the cheap oil right now. I am not saying that oil will not go any lower, but I am...
As you can see, XOM had a clear descending triangle chart pattern... and then Corona struck. These support/resistances have been successful for XOM since mid 2016. This is just to give you guys my overview and what price points I am looking for on XOM.