COINBASE:BTCUSD daily is giving the opportunity for an aggressive long.
Today's bar broke a small trendline and MACD has crossed above the signal line.
I would say now is the time to get in if you want to be early on the next possible move up. If you want to be more conservative there will probably me more entries later on with more evidence but you will pay a...
NASDAQ:PCRX long setup:
Today's bar was very impressive and closed at the high of range and broke a possible trendline
The chart has a nice process over the last few months. Big bear trap in Oct followed by a higher low in Nov
20 EMA has crossed above the 50 EMA and they are both accelerating up
Entry above today's high at 59.36
Stop under Dec 16 low...
NYSE:PGR may be ready to make a move.
Tested the bottom four times around $89.50 and it wouldn't break.
MACD just turned positive
Today's bar broke a trend line and closed above all the congestion from Nov
20 EMA crossed above the 50 EMA and they are both positive and accelerating.
NYSE:SHLX trade setup:
Inverse head and shoulder bottom
MACD re-crossing positive
20 EMA above 50 EMA and both are upward and accelerating
Last bar was very bullish and broke small trendline
Entry above Friday's high at 12.80
Stop Loss under Nov 1 low at 11.89
Profit target is 15.99
Risk/Reward of 3.5
AMEX:GLD weekly looks bullish.
20 EMA crossing back above 50 EMA with MACD crossing positive. It is just shy of breaking the top trendline so it might be wise to wait for that before going long. Last week's bar was a bullish outside bar right on top of both EMA's.
MACD crossing up
Bullish bar today broke the trend line
20 EMA crossed above 50 EMA and they are both accelerating up together
3 bottoms since August
Enter above today's high at 39.87
Stop under today's low at 38.42
(More conservative stop is under local low at 36.82)
Take profit just under July high at 47.12
Risk/Reward ratio of 5.0
AMEX:XBI daily setup:
Double bottom process with 5/20/50 EMAs all tightly converged and accelerating up together.
Entry above today's high at 133.44
Stop below today's low at 130.23
Profit target is 149.50
Risk/Reward is 5.0
NASDAQ:RUN looks like it is about to break the bottom of the triangle and could be in big trouble. MACD just turned negative and the last 3 bars formed a pattern similar to an evening star.
Will short taking out the bottom of today's bar. Stop loss above yesterday's high.
I will short at 21.54 taking out the low of today. Stop loss above local pivot high at 23.39
MACD negative and accelerating
Bearish bar today cutting through the 20 and 50 EMAs and the bottom trendline.