With 1000 SMA Cloud on top, and multiple failure to break it a big downside move is anticipated.
With 1000 SMA on the support side, Its' Strong Support. Taking decision around there would be a good Idea.
Follow mine ideas. Point D matches the previous support and resistance levels. Good Luck
Follow mine ideas. Point D matches the previous support and resistance levels. Good Luck
HTUSDT The time of consolidation and correction has passed. Time to buy in long
NASDAQ:IBM International Bus Mach Corp Stock - NASDAQ (USA) Day Trading! Profit:Risk = 1:1 --- Sell stop = $139.78 Take Profit = $138.26 Stop Loss = $141.31 ------ Take Profit = +1.09% Stop Loss = -1.09%
Price is testing third time Major support zone. I'm looking more for break or little more consolidation before true break and ride to the Weekly/Daily zone. Overall we have good momentum down. Today are high impact news for USD. Possible fakeouts
I see the price will at least test 1.17050. But we need to be aware today are high impact news for EUR. Scenario2 is to break of trendline and continue momentum up.
My eyes see scenario of the continuation momentum up to atleast big zone where TP2 is. If we look from Daily/Weekly picture we see on weekly how price fakeout. *There were news* If we turn down we should watch for possible buys/sells depends what will price action tells us. Overall we are in downtrend but still on Weekly Zone. Lets see
If we look on 4h we see price is in consulidation zone. Price had serval rejactions on DAILY Zone i'm expecting price to drop to around 1.15600. There as we see on green zone we had many rejactions on 4h Timeframe. If we draw trendline from 03.01.2017 to here. We get serval bounces from it. Lets see what will happen we can catch some nice waves if price will...
Overall we are in downtrend. But still looking for a potentional buy where i put my singal previous week. Scenario 1: We can go test upper 4h Resistance zone and trendline and continue momentum down Scenario 2: We break upper Trendline and zones and we go test bigger Resistance Zone. Scenario 3: Like i draw now and still watching for buy limit to be activated....
I'm looking for a strong break of Weekly Zone. Price can go take some fuel from upper zones before a true break but overall we are in strong downtrend so lets see what will happen. After break we are going Zone to Zone.
I see price will come and test atleast one more time "Weekly/Daily support Zone" and possible bounce of trendline. I think price needs little more fuel of consolidation before any strong break. Possible fakeouts! If this scenario will respect my analysis we can catch nice waves.
TIL Was a High Flyer Should Return to Previous if all Financials are good to lazy to check but then again so are most people what are we computers, as if all NZer's buy Shares based on Financial Statements LOL It's all about "Oooh thats good news, but was it as good as could be expected" NO ! Drops 15% in a day they still gona make 100 Mill but not good enough...
When investing inside the stable market of primary resources like Water, Electricity and Gas. Their bigger well know companies that start of small with extreme potential of growing more mature along the market. Risk-taking has become confidential but unsure of the outcome of assets to lose and invest. However, investing into small stock symbols this could bring...
As you can see all the major indexes are an important resistance. On weekly: it has resistance at the 50 day. All our indicators have turned neutral or slightly down. We will probably have a consolidation or a pullback of a Fibonacci ratio, probably to an important moving average or the cloud. During these periods we still may have candidates but you will have...
Been watching this level since the start of the year, it seems that bulls refuse to give up IBM. Knocking on the resistance of $164 again and again over the past few months. Eventually, bears behind the door might give way. Open: 164.69 S/L: 162.01 T/P: 178.07 (gaps) Earnings might be the catalyst, I've my algorithmic orders waiting.