Targeting a short-term bounce on GE here, typically these blue chip stocks when in heavy over-sold territory at a minimum show some short-term recovery when fear and PERCEIVED risk is high. Good opportunity to play the bounce here.
Disclosure: I have no position in GE.
On January 18, EURONEXT:FR stock price was around 66€, close to its all-time high. 9 months later, Valeo has been almost divided by 2 with the formation of a very specific type of technical price pattern. The "Dead Cat Bounce"
As defined by Helen Alpino, the dead cat bounce comes a time in a downtrend when bear traders decide to take profit. Bull traders...
Watch CCI momentum with MACD here. . . future profits and earnings TBD. Await patents and studies. Expect they'll eventually have to sell the farm here to pay for all the cannabis / hemp studies. Ent Value / Mkt Value is 1.02. A new medical advisory board for new medical products. One patent issued 2017 for treatment of neurobahaviors and could lead to...
I see two targets as possible 'relative' highs
first target at $6547.00
second target at $6741.00
followed by continuation of trend to the down side
--if the maximum bounce is seen if price meets the $6741.00 target --> sell off to sub $6k to somewhere around $5950.00
---> followed by bounce to $6260.00 range
---> followed by the 5th wave...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1...
BTC jumped from lowwer channel into higher one. Previous resistances changed into support. The Dead Cat still flying until the next stronger resistance or breaking channel. RSI indicates a bit energy left in the air to glide up.
It's not time to get too excited just yet. Still holding onto my $4,200 target in October. I am a bear until we get above $12,000 and trade above long term moving averages that are in a bullish posture. Won't be re-opening a short just yet, will be waiting to see how the MA's hold as resistance.
Hello guys,
I'm very bearish about IOTA at the moment. Still we are looking for profits.
After this huge drop, we can expect a (dead cat) bounce.
BUY : Around 1.04USD
SELL : 1.12USD
STOP : Anywhere below 1.018
Risky trade, only put a small amount of your capital OR tighen the stop :)
We will be seeing some new relative lows, probably below 6K, this may send retail investors into a state of panic, many people will open up shorts. When this happens whales will seize the opportunity and pump the market. The bounce may very well be a dead cat and not exactly an initiation of the next bull market. Alts may break support and fall lower , offering...
Dear Cryptotraders,
I would like to present You my period in short statement. You may wonder why only short? Kind of phase We need to pass through, slow, less and less volatile to dull everybody so They could develop Their buisness with astonishing comeback as proove of perversities presence in this system.
This is my second short setup on ETC/USD pair, I stated...
So, we did end the c wave at 1.23x wave a
But, we didn't end the correction on any fib level which seems to suggest that the correction might not be over.
Although we are bullish for now (till 16k area i expect), but we the bears may return.
Some signs to watch out for:
strong reversal after a 3rd wave up (c wave), we are currently in the first wave
hidden...
High probability that this was the bounce and it is forming a sideways ABCDE in a triangle.
Price action continues, still 2-3 trades i foresee as going both long and shorts between profitable.
Be careful tho, remember 11.400 ? That's where bloody waterfall emerged. The same could happen again.
Remember: This is a dead cat (RIP) and you are the frog in the...
Since this is a ABCDE structure in a triangle;
Put your stop loss above the orange zone ( Hard resistance ).
I'd ladder tru 8050-8250.
Easy and somewhat safe.
The S&P 500 gapped down yesterday on the daily chart.
It looks like a potential dead-cat bounce is setting up.
Let's see if the price finds support at the 2645 level, has a short correction, and then continues its decline to 2600 or lower.
~KP
![IOTUSD: [SCALP] IOTA quick trade](https://s3.tradingview.com/o/O3y9E676_mid.png "[SCALP] IOTA quick trade")
