Setting up wave three for a push higher. Broken out from a double bottom. On the Daily we have our head above water and the Daily MA's. Next weekly resistance is at 1.22 for the weekly 200ma and a previous high. First major large scale fib sitting at 1.89. Plan to buy pullbacks, manage stop loss in thirds. New plan for the New year. 1/3 trailed daily HK candle....
Watching closely for an entry, depends on the following, For - Collected the 50ma daily. Daily CCI crossing up. The red dotted line has been solid support and resistance previously. 1 hr MA's have corrected and coiled up. Against. May need to come back to 200 before it goes. May need to pull back under trend line.
Looking for an entry in this one. Will watch tomorrow to see how it goes. May go sideways a little longer still. If we can break the trend lines and the .12 level we should see a nice run.
Recommendation from a friend. Watched the bottom form over last week. Sat on support and breaking trend line. Along for the ride. A nice run to the 386 would be great.
AAV long to next Fib. Long term MA's have flipped in our favour. Looking to run Stop losses as normal 50:50 daily and weekly.
ILI switching the MA's up. Nice double bottom and break of the trend line. May have gone to far on this 4 week run. Watching for entries.
Alarm sounded at open on SIE. Long position to the previous high. Half a position taken as usual 4:1 RR ratio not viable with stop loss position. These penny stocks cost several % for 1 tick in the wrong direction. Usual stop loss mgmt. 50:50 Dly/wkly. All the MA's on Weekly and daily are with us. Hoping for a long ride.
SX Long for a run at the 50%. Daily MA's are flipping over. Large weekly potential. Usual stop loss management 50:50 Wkly, Daily. However i will take 50% off at the 0.5 retrace.
248.9 will be a key level to hold if we are to continue up next week. Looking spicy this weekend on lower timeframes.
DV has formed a double bottom here - Red arrows. Currently testing the trend line for the 4th time. Expected to hold on back test.
Entered yesterday and stopped at open today. Still looks good so were back at it. Target a long off. usual stop loss mgmt. Weekly and dai;y stops
CVE entry to ride the train up to the 786. 1st leg from pullback to 382 completed. Missed the break of the lower diagonal trend line. Expected a bigger pullback here but did not get it, break of line at 14.89 gave an entry signal on the 1 hour. Usual stop loss management of weekly and daily 50:50.
For Brad, lets see if this one returns to fill the gap and rallies. Great upside potential with wkly and daily MA's flipped. Lots of room to run.
Entry on LI today, feeling this one has leg, nearest target close buy. usual SL mgmt, 50:50 weekly and daily. Not my usual entry pattern but the markets are not normal right now. Half an entry due to this reason. Long term charts to follow.
Looking for a run to the 236, need to break current resistance from down trend. Weekly and daily ma's all point our direction. May pull back again here. We'll see. Usual 50:50 stop loss mgmt on weekly and daily.
Looking for a run in this tightly wound pattern. Usual 50:50 stop loss mgmt plan
Simple run back to 382, MA's have flipped. Looking for the bigger rally but may be too early in the large wedge pattern currently playing out. Daily 200 and top trend line may be the death of the trade. Usual stop loss management of move into profit the trail 50:50 weekly and daily.
AAV long setup. Major break of trendline. looking to ride to next resistance.