Hey traders, as you can see on the chart above, apple's (AAPL) stock is in a downtrend. I feel that this is a short opportunity as it has been on the down trend for the past 2 days. I myself has already placed a short order, and will only exit the trade when the stock goes back into an uptrend. I am also watching out for the support line indicated at the bottom....
Here we can see a potential cypher pattern that can eventually lead to a potential long opportunity if the stock bounces off the resistance line. If the stock continues in the downtrend, we may need to rethink on how we can make some money with the situation.
Here on the chart you can see a clear bat pattern and I have also indicated the Support and Resistance lines on the chart. I am still waiting for a breakout upwards so I can get into the trade but it seems that it will most likely continue moving downwards. This may create a potential short opportunity. Trade with care!
Hi traders! Sorry I have not been posting for a while as I am (still) studying. So here on the chart we can see a Potential Shark pattern which may signal a possible uptrend. I have indicated the Possible Support and Resistance Lines on the chart. So if we enter and exit between the two lines, we might be able to gain some profit. Trade with care! :)
Hi guys, recently there has been a lot of news regarding the sudden uptrend of Bitcoin and some other cryptocurrencies. Some people might immediately want to ride the trend while it lasts. But in my opinion, I would not as there is no way of how to determine accurately of how the cryptocurrency should move, but you can still do projections. I am not saying that we...
Well, we can see here on the chart that bitcoin is in a slight downtrend so this might be a good short opportunity. We ca also see potential support and Resistance Lines. Do take note that the movement of cryptocurrency is unpredictable. This is just a general projection.
Here we can see on the chart that there is a potential Bat Pattern and we can also see two Resistance Lines with one Support line. We are not sure the market will breakout or not. Either way, we can still make some profits if we trade just before the Resistance and Support lines. Trade with care. :)
Here on the chart you can see a very strong Resistance line as the market has bounced off it a number of times. But might still be able to earn some profit if you trade at the place indicated. There is also a support line but it also became a Resistance line for some time, but the market managed to break through. Trade with care.
Here on the chart we can see a shark pattern which indicates a potential reverse of trend. Take not of the strong resistance line too as this is just a projection of the market movements. There is still a possibility of the market breaking downwards.
Here on the chart we can see an inverted Bat pattern which is valid and the stock is currently in the uptrend. Be cautious of the Resistance point though as the market bounced off it a couple of times. Trade with care & Ride the Trend Waves! :)
Here on the daily chart we can clearly see two Resistance lines and a Support line, the stock is in the uptrend so there is a potential breakout of the two Resistance Lines. But there is no clear confirmation whether the market is going to breakout or not. Trade with care. Thanks.