Price keeps getting rejected from Ema50 If you are not in any position yet, better to wait for the range to develop a bit Price action looks a bit weak here thus I'm not expecting a decent bounce at .86 (neckline) , could just be a temporary bounce I would rather bid at .80 to .75, however, I also have an eye on .62 to .60 level for possible deviation
SBUX of late has been in a descending channel and has sloped down heavily in April. It is now in deep undervalued and overbought territory at the bottom of the channel and above the 3rd lower VWAP band line. The RSI lines ( both faster and slower) are bearish as well. My trade plan is to watch Starbucks for a reversal which may be signaled by bullish...
PG on the weekly chart gained 15% in a year and had a dip in the past two weeks with earnings at the end of this week. PG persistently and consistently beats earnings estimates and pays a dividend. Moreover, it consistently has a bit of a surge after earnings. I see this as an opportunity to get a good stock on a 4% dip of a discount and hold it through...
This idea for long term Reinsurance stock broke out its cup and handle pattern Promised to full-fill cup depth which about 315 % Cup depth will take us from 26 to 85 SR Good luck!
After a weekend of unpleasant price action, we're looking back at 2021 to see what happened before when BTC almost touched D1 EMA 100 after a big sell-off. The cycle's first top was a good example, although there is no implication here that we are at a cycle top. It's just similar EMA structure, which is worth studying. Price action develops a bit different in...
Thanks for reviewing my idea, please like and follow! You don't want to miss out on big moves. You heard it from me, CRYPTOCAP:DOGE is setting up to double from here and go to 33 CENTS!
If we do see a larger crypto correction, Cardano may continue to see lower prices 200 day moving average and previous support acting as resistance for price at the moment Short ADA down to 0.30 or 0.25 may offer a good hedge to the crypto correction
In a bold move aimed at fortifying its position as a global leader in payments technology, Mastercard ( NYSE:MA ) has announced a comprehensive reorganization of its internal structure. The company’s CEO, Michael Miebach, unveiled the ambitious plan, outlining a strategic vision that promises to revolutionize the way Mastercard operates and innovates in the...
📉Hi Traders, Investors and Speculators of Charts📈 AVAXUSDT, an ETH rival, is another altcoin currently trading lower than it's first ATH. This is important, because it makes for an excellent low risk and high reward trade. Currently, we see the markets trading in a corrective phase where wicky price action and shakeouts are common. I've been bullish on AVAX for...
Mit den kommenden Quartalszahlen im April und steigender Inflation -> vermute ich auf fallenden Kursen.
BOIL is here on a 30 minute chart. It has reversed this week and ascended 13% with a double bottom at 13 and 13.25 forming a resing support trendline. Volumes changed from selling to buying. Price bounced off the ATR- stop loss in its pullback and now appears poised to break through the moving average channel and get support after that cross-over. I will...
AMEX:SPY April 13, 2024 15 Minutes. AMEX:SPY took 50 average support in the daily. Now 505-510 levels become important to hold. The uptrend is from 493 levels in 15 minutes. Made a high of524 levels. so 61.8% retracement for that move is around 505 levels. If that level is not held next week I find it difficult to go long. Any rise up to 516 levels I will...
The second support is the 200 hourly moving average (red curve), around $5.50, the 0.786 fib.
Fil may actually play out another leg of its correction before heading to the next upper targets. We could potentially see an opportunity to buy around $6.40 - $7.50.
Longing a retrace into high confluence area - H4 EMA 100 - .618 fib - High Volume Node - pdPoC
TLT on a 120 minute chart has continued its trend down since early December after a suddent uptrend in November lasting for a two month until the end of 2023. Inflation data is kicking the rate cut down the road of time. Price has now fallen under the VWAP and all of the EMA lines including the EMA20. Relative strength trending correlates with price . I...
SOUN on the 15 minute chart as fallen again to the anchored mean VWAP. Each previous time this has occurred in the past month, price has bounced into the second or third upper VWAP band line for a bullish momentum move. The mean VWAP is where big players like to pick up and drop off shares. Liquidity is at the highest. Teh Relative Trend Indicator will show...
Alpine is a biotech stock that had an earnings report beating estimates two weeks ago. It is now reaching for all-time highs. That said, it is burning cash just slowing down the burn. Both revenue and earnings showed remarkable improvement as compared with the previous quarter. The bullish momentum of price and volume is obvious on the weeky chart with the...