Hitting the market once it opens on Monday. Break of trend line & retest, fib retracement & pattern formation Overall view Monthly : Bearish Weekly: Bullish, but entering second pullback on second leg, look for pattern & trend line to go long on 3rd leg & once more on 4th leg (safer), play up to monthly resistance at 0.7020 Daily & H4: bearish entering pullback...
Waiting for setup, prediction in blue, will look to short if price follows through with the setup, otherwise overall trend bias bullish, look to long at TP2
Hey everyone, here's the analysis on SPX. Follow us, leave a like and comment on stock ideas you look forward to seeing next! Analysis: R1 zone is a strong resistance and breakout zone and price could drop to our S1 zone at 2541.5. If this level does not hold, it could drop lower to our next support zone, as illustrated by the black lines. Disclaimer: There...
Hey everyone, here's the analysis on BABA, if you find this idea insightful, leave us a like and comment on stock ideas you look forward to next! Summary: Strong drop from our resistance zone and trend line, current price could push lower to our S1 zone. Action: Sell Limit: 203.00 Stop Loss: 220.00 Take Profit: 188.00 Analysis: Strong resistance zone at...
Hey everyone, here's the analysis on KO. Hit the LIKE button, follow us & leave a comment on stock ideas you want to see next! Summary: Current price could drop from our R1 zone to our S1 zone, presenting us with a good opportunity to sell. Action: Sell Limit: 45.34 Stop Loss: 52.00 Take Profit: 35.00 Analysis: Monthly trend line was broken and...