AUDUSD on its way to test the previous structure resistance. By using the fibonacci retracement the 100% retracement or the resistance is a very important price level. The price has tested this area multiple times for the past 2-3 months. This is a good opportunity to short with risk reward on our side.
Today AMD's pre-market price is up a decent amount. We are currently at a supply area or a resistance area. The stock is currently overbought and I can still price rejection at the resistance or a pull back to the $30 area.
$UAL has been trading the between $90 to $78 area for nearly a year now. Shows a very obvious demand and supply zone. Decently high probability long but it might take a couple weeks or even months to get to the $90 mark.
On the daily chart, ROKU shows a bearish divergence. IMO I still feel like the price can still push up to the $77 area which is a strong resistance. Once the price gets up to that area, there is a high chance it will drop down to the $54.5 area. Although I might be bearish for ROKU, the price could also break the high and set new price levels. The next couple of...
AAPL is currently in a consolidation period, bouncing in the range of 1-2 dollars. The next move could determine if the direction is bearish or bullish depending on the next daily candles. If it turns out to be bearish, price could drop to support at $158.
After hitting its high, CRON has been in a downtrend for about a week and a half. The stock seems to be over valued and is trying to correct itself. Trend showing lower highs with similar lows showing a clear support. If trend breaks under the current support, that can be a good entry point for shorts. I think it is very possible to see the price break the current...
After a week of what seems to be a bullish pull back. Next week, if the prices go above $13, that could be a sign for a long position. Goal profit would be around $15 area. On the other hand, if the prices go below the current support($12.21), we could see the prices go far downwards until $7.44.
PS. I have only been trading for a month and have much to learn....
