timj

timj Updated 

There is a clear ascending triangle pattern developing for ETHUSD. Put an alert / take a long trade if it breaches the double-top that formed around 400, especially on an increase of volume . Put your stop below the breakout candle and give yourself enough room in case there is a pullback. However, once a breakout occurs then 400 should act as a new support.

timj

Just read this article on possible stocks to own for 2018 from Forbes and this is perversely compelling for some reason. This is a bonkers idea, but BBBY has fallen so much that once it starts heading up I might average into it with the expectation of selling the tranche in the 40s and 50s. I would want to see some turnaround strategy in the news before I take...

timj

According to Thomas Bulkowski's analysis of descending triangles they often have false breakouts and usually breakout to the downside. While we are starting to see an indication to an upside breakout be careful of a swift pullback. Whichever way it breaks out, be committed with your trades.

timj

Emerging bearish divergence happening while looking at the RSI. I would either consider taking profits or look to go short. Personally I am going to average in when I see Lumens hitting a new low and then starting to re-accumulate.

timj

LTC looks like it is at the bottom of an upward channel. I picked up some thinking that it will continue the trend. I have a stop around 44 in case it decides to reverse direction, in which case I will close my position for a loss.

timj

Looking at the weekly FB chart I see an interesting Channel up with a narrow value area that price seems to bounce around. Since it's an upchannel I would only recommend taking long trades when price enters the buy zone, although more aggressive traders might opt to also take short positions when it is in the sell zone.

timj Updated 

ESV Ensco Plc is at historic lows and in a downward channel. This stock has a lot of favorable things going for it - great price target ($9.82), good EPS, good book value. Look to go long once it breaches channel. unicornbay.com

timj

If and when BCH ever drops back down to the 560 level we will be waiting to pick some up. There is an untested (fresh) demand zone here that looks promising.

timj Updated 

Now in a confirmed uptrend - after this big surge up we've identified a reasonable demand zone to purchase some GNT. Set a protective stop and buy and HODL #tothemoon!

timj

There was some earlier divergence that led to a drop, now we are just watching and waiting....no fresh supply or demand zones. Wait for a breakout on either end and then wait for a retracement before entering.

timj

There is an untouched demand zone here and a B.A.G (Big A** Gap) that has me wondering what will happen when price retests this zone. I would go long with a protective stop at .55

timj

I think there are two demand zones that price could rebound from, one that was just tested (~65). Now could be a good time to go long from that, but I prefer the demand zone around the 52 level. Depending on how quickly price retraces to that, I would go LONG! Aggressive investors can try to go long at 65 with a 60 stop loss to protect your investment.

timj Updated 

Looking to see if this breakout happens. We are in a downward regression channel Looking for a breakout downward from the symmetrical triangle Take profit at 61.8% level Keep tight stop right above triangle bottom line to maximize risk / rewark ratio

timj

There is an untested demand zone around .006. Consider going long if the price dips that low. Ease out of position (half or more) at .008 and let remaining amount ride with a trailing stop loss.

timj Updated 

Neo has tested support a number of times, and it looks like it's not going to hold. If it breaks further down consider the next demand zones as places to pick up some more (aggressive - first demand zone, more conservative - second demand zone). Happy Labor Day everyone!

timj

This is the first re-encounter of this supply zone - i'm going to transfer a number of ETH back to $ anticipating a drop back to around the 270 price level. If it shoots past this supply zone I will look for a fresh level to re-purchase.

timj

Southwest is a GARP (Growth a Reasonable Profit) pick, the VIX Indicator says it is a buy plus it's overbought.

timj

Basic bullish divergence.