$IBEX35 looking attractive for a big bounce after breaking downwards resistance that was holding back price since July 2015.
The first target would be 9200 and second target 10000.
Aggressive stop loss 8400, loose stop loss 8200.
$BITCOIN breakout in the Daily chart! First target 1:4 Risk/Reward Ratio.
Conservative breakout is above 3920 CNY, after breaking symmetrical triangle.
Interesting micro Chinese stock at multiyear accumulation area above $1.50. It could need a few more months before a new (likely) rally.
A 100-200% gain could be easily achieved as long as support area holds.
Holding $BORN at a $1.50 average. Following the main idea of Shanghai Index recent breakout, $BORN looks nearly ready for some action after accumulation around the $1.50 area for the whole year.
Exciting days could be around the corner as earnings are announced tomorrow. But it could need up to one extra month to break current symmetrical triangle (bullish pattern).
Follow the money! And your trading will be easier and smooth. You want to start buying in an accumulation area and keep adding to your position as soon as a new uptrend starts to develop.
Remember not to sell too early! You want to keep at least a decent amount of your initial position to keep riding the uptrend until it is over.
That's the difference between...
Sometimes you feel awful because you just missed a trade you were following, for only a little... I just missed a +85% profit for $0.01... Yep, for just a cent!
In these cases, you need to remember to NEVER chase a stock. Just forget about it and move to the next opportunity, there are plenty of them, all the time.
As I said earlier, after 3100 resistance was...
