Order BUY VZ NYSE Stop 35.82 LMT 35.82 will be automatically canceled at 20230401 01:00:00 EST VZ bullish hammer at the bottom of Mean Reversion Channel beautiful volume, weekly chart confluence, not much in our way all the way up to MA 100 except for local trend. Stop loss below buying zone of support conservative, take profit at MA 100. 1.56R
The range bound Nikkei is rebounding off support at 25,750 and heading back to the mean at 27,875 and possibly to the resistance at 30,000. The last pivot low has created bullish hidden divergence which could mean the Nikkei breaks out of its range and rallies higher.
Unfortunately today the USDJPY did not reverse back to the mean
Looking back across the weekly chart, there has been a change in momentum. Price action is taking out previous weekly highs. On an intraday chart, we're currently waiting to see if there can be another close above a weekly high?
Triple divergence of the weekly RSO in the US Dollar Index ahead of the US CPI and the FOMC points to a significant loss of upside momentum, we would allow for the possibility for the market to mean revert to its 20-week ma at 105.76. Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any...
I wasn’t able to do much charting and analysis this week. I'm taking a step back from charting the next few weeks as I finish a project. I wanted to get this last chart out that I have been working on for historical look at the vix. Why is the VIX so important? I would argue that the VIX is the most important indicator in a speculators arsenal. The vix is...
$LRN has been trading in a bullish channel for over a year now, and now is retesting the lower end of the channel's support. I'm entering a long position as the previous two candles were a doji and inverted hammer, both being strong signs of reversal. Additionally, at open, the stock gapped down below the lows on both the previous two candles, giving a good...
This analysis is an attempt at using a simple Bollinger Band tool to work out the probability of price action in the coming week. Do comment on the analysis. In my view keeping trading simple is the key to consistent success. Sometimes making it complex gives the wrong or confusing signals.
Technical Analysis (TA) Rejection of upward momentum with weekly and monthly charts looking overbought. Continuation play to 123 is still set-up. Re-entry or entry zone is 132. Price Target Entry: 132 Target 1: 127 Target 2: 123
Technical Analysis (TA) Price is on the verge of testing resistance at Weekly 20EMA and daily 100EMA levels. This is Target 1 being hit. Once it breaks above we should see some consolidation as RSI is would hit the mid level but further upside to $9 is still well within reach as there is plenty of room before the RSI reach overbought levels around 70. However,...
Technical Analysis (TA) Price on the weekly bottomed out with some reversal signs on the weekly chart. Daily is being squeezed and there is potential for a mean reversion/breakout above $9.75 which might shift the moment to a Long with some key levels at $11 and $12.80. Price Target Entry $9.75 Target 1: 121.60 (+18%) Target 2: 14.80 (+50%)
Technical Analysis Scenario 1 - Bullish Price has bottomed at $150 with a mean reversion play to $192-$230 depending on which resistance level holds above. Scenario 2 - Bearish The next few weeks will determine if we have a long entry above $170 (if price breaks above). If it resists at the $170 -$180 level then we have a continuation to $150 or a...
Technical Analysis (TA) The monthly and weekly was oversold and price pushed higher with significant momentum after a consolidation phase. Retracement to $25 is expected However, the push to $30 would require catalysts to increase momentum. We could hit $25 and then come back down or go through another consolidation phase before further upside to $30. ...
SPX has been experiencing a relief raly after the weekly and the daily charts were oversold however it has keey resistance levels are $4.2k and I expect to come back down as the ADX is still in the reset mode. Bearish Scenario Please be cautious as this rally might be short-lived. We might need to come back down to $3.6k and consolidate further before a full...
Technical Analysis Another oversold play with huge upside Price Target Early entry: $3.66 Breakout Entry: $4.01 Price Target 1: $5.20 (+30%) Price Target 2: 5.91 (+40%) Price Target 3: 7.88 (+96%) Analyst Target: $9 (125%) Financials/Fundamental Analysis (FA) Strong financial metric and fullu capitalised for sustainable growth. Passes all quality checks.
Technical Analysis (TA) Weekly oversold and needs a break above -20 William %R to start a potential mean reversion play to $3.50 Lacks a catalyst so it will be worth waiting until the end of this week to see how price responds to the 1D 50EMA level. Price Target Entry: $2.15 Target 1: $3.38
these are the next BCH camarilla and monthly pivot levels. I expect a reversion up to the Pivot or H3 before more downside
Very simple: BTC looks to have bottomed (at least short term) and is showing life - looking to revert back to the 200-week MA. SOL is behaving as a strong beta play ever since the BTC bottom - if you take the time to review the exchange order flows... you'll see that an entity with a LOT of money is bidding SOL up. I'm not saying it's SBF / Alameda... but...