Like many stocks over the last 2 weeks NYSE:STZ has pulled back to a key 50% Retracement Level. This level is also backed up by an Ichimoku cloud pattern. Now within this week's short term pullback to the rally there is an opportunity to play STZ back to the high. I expressed the trade with April 2022 250 Calls. The goal is to hold right up til earnings for...
Think about this: you can connect with your friends with other social, many of it are Facebook's properties. Many social has only app mobile mode, Facebook and a few other has pc mode. If you want to use a social on pc you can use Facebook, Twitter, Discord and a few others. But Facebook has around 2 billion users, the others no. The point? If you no longer...
Hi All I continue to watch the FTSE and all indices waiting for the second leg lower to take place. I think the break above the ascending line was a false breakout, and with the bearish engulfing daily candle that printed a few days ago, as well as divergence against the RSI. I think the FTSE will drop considerably over the coming months I think a target in...
Facebook owner Meta sees biggest ever stock market loss BUT !! Potential buy scenario testing 61.8 Fibonacci level.
Stocks have showed some weakness after rejecting higher levels at 4580. We appear to have topped out at this level for now with several red triangles on the KRI confirming prohibitive resistance for now. The Kovach OBV has taken a notable dive downward, but we have found support for now at 4462. We might be forming a bear wedge with a lower bound at this level....
OANDA:SPX500USD Technicals have been showing bearish signs for a good few days to weeks now. Fundamentally things are also looking poor. Higher inflation, central banks raising rates, expecting more downside for indices.
Hello every traders we want to talk with you about USDNZD , because its on resistance zone and we can have a correction .we will have good signal to open new short position. This is article not financial advice, always do your own research . If you have any questions, you can write it in comments below and I will answer them. And please don't forget to support...
I discussed my view on January 25th about the S+P being a potential top and identified a head and shoulders top. I said the following: 'If we are correct in our assumption that the market has topped, we may see a ‘return to point of break out’, where the market rallies back to the ‘neckline’ of the head and shoulders top. These reactions are frequently seen and...
Efficient Market Hypothesis - Inefficient market Yesterday FaceBook plunged 22% in early U.S. trading on the back of poor earnings results, putting it on track to erase about $195 billion. That’s the biggest collapse in market value for any U.S. company. This isn't the first time FaceBook has set this record. In July 2018, the company's stock plunged 19% after...
We are now at the top of the cycle that has completed, from here price should make a correction back to the previous monthly support levels. This is a natural market cycle that is inevitable as of right now in my opinion. I expect price to trend down for the first half of 2022 & may have a bounce in the zone once we near 2800 on the S&P. All indices will tank...
As expected, countertrend bounce came in this afternoon. Expect it to continue into tomorrow. I have highlighted on the chart 2 levels to watch for the turnaround. Due to overall weakness, at this time, it does not look like the bottom is in.
As you can see from the Fibonacci Retracements levels from the start of the bull market in 2009 to the top this January, coincide with the levels from the low of 2020 . Both these retracement levels point to the first target being 3800 region and the next down at 3200. It appears a right should is developing with the neckline around 4300. If that plays out, this...
Facebook has seen is best days for now. I think with the new sanctions on FAANG coming, these stocks will draw back, and NDQ will follow. They aren't "done" but they will be forced to divest from one another so the adjustments will cause some dipping, and then from there, further climbs. The stock is not going anywhere, but portfolio adjustment always causes...
The S&P 500 has made a run for higher levels, but has faced extreme resistance at 4580, which we identified as a hurdle for stocks in these reports. We attempted to break higher, but several red triangles on the KRI have confirmed resistance. Subsequently, a small retracement took us back to support at 4521. The Kovach OBV is pretty flat, lending skepticism to...
DAX price action multi timeframe analysis, potentially big shorts coming soon.
JK Paper broke out of a declining channel on 17th Jan 22. Post that there was a throwback, after which it has made a fresh 55-day high This signals a resumption of the primary trend Chaikin Oscillator is also above zero and pointing up Bollinger Bands beginning to expand outward Daily RSI at ~67 Recent MACD +ve Crossover on Daily charts Targets will be...
This is follow-up on S. P. Apparels. Can check link to related ideas. Target 2 achieved. More than 32%. Target 3 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
Rallied hard from the recent low and pulled back - as expected from VWMA on 4H...I would still be long as long as it stays above 87...below there is gap to be filled around 60.