Well, as much as some don’t want to admit, Covid just isn’t as serious as it once was back in early 2020. With a 97-99.75 recovery rates, reduction of isolation days from 14 to 5 and no need of covid test after isolation. The dirty Politians have made their money off the vaccines and are cashing out and it reflects on the charts. Daily Chart Analysis After...
Daily Chart Analysis MANAUSD has been making both lower highs and lower lows. Was respecting 3.18 level and broke down from it and has now pulled back to it turning previous support into resistance. This is my entry cue. Entry: 3.037 Stop loss: 3.31 Target: Trailing 20ema
Russia is picking fights and the economy isn’t looking to great. Daily Chart Analysis FB enjoyed an Uptrend respecting the 200ema from April 2020 thru October 2021. Since breaking the 200ema, Price attempted to bounce and was unable to make higher highs and has now made lower highs. The EMAs and starting to cross downwards. Price is currently...
Price went into a Distribution stage after being in an uptrend. Price broke down into a strong downtrend and is currently in a descending triangle. We also have a death cross signaled the start of a bear market. Will wait until price breaks descending triangle or pulls back to top of descending to enter. Entry: Break of triangle or pull back to 10ema Stoploss:...
Daily chart analysis CIBR in long term uptrend since 2016 supported by 200ema. Price has now come into a Support area of value between 48-50. Stochastic is currently also in oversold status. Will Be entering trade to go long Entry: 49.70 Stoploss: 47.14 Target: Trailing 200ema
Daily chart analysis $F. Ford was in an Accumulation Phase which lasted close to 18 years. In Nov. 2021, it broke out from Accumulation phase and then proceed to enter a flag pattern. This is the start to Ford Uptrend. From there, price went on to break the out of the bull flag and continue uptrend. Price is currently respecting all EMAs including 10. This is my...
Daily chart analysis $F. Ford was in an Accumulation Phase which lasted close to 18 years. In Nov. 2021, it broke out from Accumulation phase and then proceed to enter a flag pattern. This is the start to Ford Uptrend. From there, price went on to break the out of the bull flag and continue uptrend. Price is currently respecting all EMAs including 10. This is my...
This has been one mean market! If you played the AMD breakout, it whipsawed the life right out of you. That being said, it also created a lot of buying opportunities. Daily Chart analysis AMD is in long term uptrend AMD found support around 133.64 area. It triple bottomed at this area, broke the neckline just to fail back into the pattern and break below the...
Daily Chart analysis ABNB has been moving side-ways in a price channel since it went public back in Dec. ’20. There are currently 3 major areas price has been respecting: 131, 170, 211. After initially topping at around 211 area, price made a series of lower highs into 170 area before breaking down and finding support at the 131 area. From there, price worked its...
Daily Chart analysis NKE has been in an uptrend since back in ’89 when your dad was rocking the fresh Jordan 4s. Will look for possible long term buy entry. Price was previously in a descending triangle and after making a series of lower highs into 167 support area, it broke down mid Dec. ’21. From there, price proceeded to pullback to previous support where it...
RIOT – Starting Nov. ’20, RIOT enjoyed a very strong uptrend that saw price climb from 4.65 and topped out at 79.26. The uptrend ended April ‘21when price fell out of respecting EMAs. Price has since been moving sideways between price channel ranging between 21.65 and 42.35. Price is now respecting 20ema and has broken down from the price channel it has been...
Daily Chart Analysis ADAUSD is currently in a downtrend. Pulling back to a previous resistance level. My entry to take swing trade to previous support level. Swing trade Entry: 1.48 Stop loss: 1.61 Target: 1.187
Strong Uptrend between October 13- November 5th. Price moved up with momentum. 20day moving avg was broken which sent price into consolidation in inform if Triangle. Price broke upwards out of triangle to make all time highs but price moved up but momentum didn't flashing weakness in trend. This weakness caused price to start moving sideways and then broke down...
This one is pretty straight up. AAPL in uptrend and found support at 168 and resistance at 181. Clear swing trade here. Entry: 172.25 Exit: 180 Stoploss: 166.80
Costco the heavyweight. One of the stocks that holds up NASDAQ Daily Chart analysis COST has been and a long-term uptrend since 2010 – 2011. Price is current just below 50ema . It has also found support around area 514. Today it looks like we will be finishing the day with a dragonfly doji at support. Stochastic is also in oversold status I will be looking to...