We may derive the following from the Daily MTN chart: 1. Price was slightly bullish last week, after dropping from our resistance level (purple box). 2. It is probable that price will test the trend resistance line and continue further down to the main support level. 3. Monitor price action and be patient before trading. 4. As always - maintain your risk....
We may derive the following from the Daily WHL chart: 1. Price has reversed slightly from the key resistance. 2. I am expecting price to come down to the rising trend line before moving up. 3. Monitor price action and wait for a good long opportunity. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Weekly WHL chart: 1. Price hasn't been able to break the upper weekly resistance (yet). 2. Price has come down a bit and may continue to do so before making a move higher. 3. Monitor carefully and wait for a good long opportunity. 4. As always - maintain your risk. Note: The views provided herein do not constitute...
We may derive the following from the Weekly MNP chart: 1. Price has respected a support zone. 2. Price should in all probability move higher. 3. Monitor price action and wait for a good long opportunity. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Weekly CML chart: 1. Price has respected our support zone (purple box) (see linked idea). 2. Price should in all probability continue to move higher, but a retest of the support is possible. 3. Monitor price action and wait for a good long opportunity. 4. As always - maintain your risk. Note: The views provided herein...
We may derive the following from the Weekly J200 chart: 1. Price has found support at a long term demand zone. 2. We will need to wait and see what price does - giving us a short continuation trade or long initiation. 3. Monitor price action and be patient. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Daily INP chart: 1. Price absolutely tanked after our initial call (see previous linked post). 2. Price should in all probability consolidate before a potential move down. 3. It's sometimes better to sit back and watch. Wait for a good opportunity. 4. As always - maintain your risk. Note: The views provided herein do not...
We may derive the following from the Daily KIO chart: 1. Price reached our first target and caught a bid. See linked trade. 2. Price should in all probability consolidate for a while. 3. Monitor price action and look out for further short opportunities. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Weekly WHL chart: 1. Price has almost reached our first target. 2. Price should in all probability test the first target / horizontal resistance. 3. Monitor price action and look out for further long opportunities. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Weekly LHC chart: 1. Price has respected our support zone (purple box). 2. Price should in all probability continue to rise further. 3. Monitor price action and look out for further long opportunities. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Weekly TKG chart: 1. Price has broken below our major horizontal support. 2. Price should in all probability continue to drop further. 3. Monitor price action and look out for further short opportunities. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Daily INP chart: 1. Price has rocketed off our support level. See linked idea. 2. Price is however at our major trend resistance. 3. Monitor price action and look out for short opportunities, should this be a backtest. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Weekly VOD chart: 1. Price has held above the major downtrend. 2. Price should continue to rise. 3. Monitor price action and look out for further long opportunities. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Weekly ABG chart: 1. Price has bounced right off the weekly support. See linked idea. 2. Price should in all probability continue to rise, however be cautious of sell levels. If you haven't bought, do not buy now. 3. Monitor price action and look out for clear opportunities. 4. As always - maintain your risk. Note: The...
We may derive the following from the Weekly SGL chart: 1. Price has respected our gann level resistance. 2. Price should in all probability continue to drop further - however watch out for bids at the 50% level. 3. Monitor price action and look out for further short opportunities. 4. As always - maintain your risk. Note: The views provided herein do not...
We may derive the following from the Weekly PIK chart: 1. Price has bounced off the major support level (purple box). See previous linked idea. 2. Price is now testing the previous support levels (now resistance). 3. Monitor price action and wait for a clear opportunity. 4. As always - maintain your risk. Note: The views provided herein do not constitute...
We may derive the following from the Weekly MEI chart: 1. Price is currently at our resistance level. 2. We are anticipating a break to the upside. 3. Be cautious as bears may short at this level. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.
We may derive the following from the Weekly TFG chart: 1. Price has broken our key support level. 2. Price will in all probability continue lower. 3. Watch for short opportunities. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.