A lot of semiconductor names showing similar chart patterns. Taking a small opportunistic position on NASDAQ:TER based on 1 day timeframe. If the price can hold, will consider to add to the current position based on higher timeframes (2D, 3D, 1 week etc.)
Contrary to most trade setups with static support and resistance, my system has a dynamic support/resistance based on directional indicator and volume*. The first breakout at angle needs to be supported by volume or else it has a high probability of failure. Here we see NYSE:AVTR on the 3 day chart. I want to see a test of the resistance line backed by momentum...
Intiated a position on NASDAQ:DOCU . Over the coming days If price action and volume on higher level timeframe suggest resistance can be broken, I will consider to add to my position.
NYSE:AVLR Avalara The chart show signs of potential trend reversal under development based on directional momentum
OANDA:USDJPY USD/JPY pair indicates bearish momentum for the USD the short term. Hedge of of the long USD position would be prudent.
Iron Mountain NYSE:IRM is a records and information management services company. Its share price has been falling rapidly as of late hence I would like to take the the opportunity to see how I use two of my custom indicators to identify trend changes and adapt accordingly The daily chart of IRM is divided into 3 parts from top to bottom: 1. The share...
Here is a long term idea on Alstom EURONEXT:ALO a French multinational rolling stock manufacturer. I will make a case why a long term view on the company is warranted from technical analysis with some commentary on its financials and business operation. Technical The weekly chart is presented here. It shows bullish momentum as indicate by my directional...
NASDAQ:WIX Taking a small long position on WIX, a website building platform. Price action suggests a short term recovery, based on my own proprietary indicator, as indicated by the white arrows. Will accumulate if the thesis pans out.
The chart of Interactive Brokers NASDAQ:IBKR compared with S&P futures. We can see that the 2 prices move in tandem for the most part except for a period between mid till late 2018 where a significant drawdown of the SPY was preceded by a V top (inverted V) pattern where IBKR's price moves up in a straight-line run then drops almost as quickly as it ascended....
ASX:AMP AMP chart patterns Multiple interpretations intended
NASDAQ:BRKS Share price retraced 20% off its recent high Based on directional and momentum indicators, a potential trend reversal is in play. Intend to scale in opportunistically Indicators are my own Top K2: A volatility adjusted momentum oscillator Bottom Arun: Directional indicator with proprietary smoothed edges
NASDAQ:ERIC share price dropped after lackluster quarterly and forecast But it looks like interest in the stock has picked up in recent days. On the daily chart, Directional and momentum indicators suggests further short term upside ahead Accumulate.
NASDAQ:PUBM Price action suggests a potential breakout backed by momentum and cycle analysis. Stock has extremely high short interest and with earnings report due next week, volatility is expected I'm taking a small long position and will either exit or accumulate pending price action.
NYSE:CVS CVS on daily timeframe Short term price action and indicators suggesting bullish momentum
NASDAQ:MRNA MRNA has rocketed up in recent weeks It is unclear when the share price exuberance will subside but the strategy here is to ride the trend as long as necessary. On the chart you can see the positive and negative direction indicators represented as a blue histogram and pink line respectively Potential long entry and exit points are shown by the...
NYSE:ADM ADM price recovery play Record 2nd quarter earnings with improvement on all operating segments Short term Price action based on daily chart supportive of a speculative play to the long side
XETR:SAP SAP SE XETR Volume and Directional indicators suggest further possible upside. Indicators names and design are my own. Makalu; Volume based indicator using On Balance and Volume Flow concepts (yellow/purple) Arun: Directional +/- momentum indicator (blue/red)
NYSE:GMED Globus Medical reported strong quarterly results on Tuesday. Momentum and stochastic indicator suggest short term price weakness as traders take profits. My personal plan is to reduce holding in small increments so long as selling persists, with the intention of buying back once the current correction is complete Indicators: Arun - A Bidirectional...