I see it almost cooked. Once it touches the (POI) m ready to go in. Sky is the limit but it is not going to be fast more like a swing trade, with all the news coming out you never know. If you have enough moola to park somewhere this could be THE trade. Price closing below (POI) would invalidate the trade. Do your own DD before you invest. Trade Safe.
If the price comes to (POI) its very good load ur ass up, even if it doesnt get to it load up anyways. This is going to the moon... all m saying is dont miss this freight train. Good luck.
This is a bit tricky, it can be both bullish and bearish. If the (POI)1 holds then it can act as a demand zone and move the price up but (POI)1 has already been tested so it might break. If it breaks then our nxt target would be (POI)2 and can act as a demand zone. To be clear i want to open a long position because the overall trend is upward. You dont wanna trade...
It did a pullback after a very strong rally. The historical S/R line and the demand zone will be our point of interest. I still think $XOM is still very bullish, today's pullback was a much needed for a healthy move up. Its better price drops now than a massive drop after a strong bullish run which would be nasty. If price falls below the invalidation line then...
Price is at the top of the ascending wedge and right on the supply zone. Also, fib level .0618 which makes it a high probability setup. We can short now or wait till it breaks below the wedge. Better to wait for the confirmation.
Price clearly broke the trendline and staying above it. The price might go upward which will form a head and shoulder formation. Will need to watch the price action at (POI) if it gets there. Breaks above (POI) we will continue our long, below (POI) we are shorting. No room for emotional plays, purely technical. Let me know what you guys think.
Like previous week it is going to be a SHORT for me, as long as the technical stays intact, i am short on this stock, as seen on the chart the price is still below the trendline which is why we are shorting. On monday the price might gap up to the (POI) and then continue with the bearish trend. Most probably it will try to fill the wick made on the left and that...
OK, here is what i think. The price is at a very crucial point, it sure can go up but i very much doubt it. For the longrun its a good stock to go long but for now i dont think its a good idea, especially with all these bad news and even technically according to my analysis but i could be wrong. Dont take my word for it, do your own DD. Trade Safe.
the price is exactly on the trendline and already starting to react, if my analysis is correct then the price should bounce off the trendline and go higher. If the trendline is broken then the analysis is void and we cant take this trade anymore and have to look for a different opportunity. If you guys like my analysis please hit the like button, also share what...
I do believe it has some really good bullish potential to move atleast to out (POI). It can move further depending on the Earning that's coming soon. keep an eye on this one.
Bullish. riding the wave for a while now. Might burst soon. PLAY SAFE.
The price might come back down to the (POI). IF it does that would be the best possbile place to enter for long. There is huge upside potential and its better to have a better entry and exit strategy.