Financials did well in Q4
NYSE:BAC with a bright green 3 on the quarter
hammer on the year, with lot of upside potential
notice that other financials e.g. JPM ended the year at/above previous highs
meaning BAC wasn't the strongest of them
but, also could mean more upside potential
let' see how it plays out in '24
no predictions, price and time will...
What started off as a strong move higher today with a slight gap at the open, ended with price filling the opening gap and finishing in the red for the day. In the process, SPY has put in an outside reversal, or bearish engulfing candle, which eclipsed the three prior daily candles. When the body of the current daily candle engulfs the previous daily candle it...
Hello Traders!
Here is a model I learned from reading Larry Williams Long-term secrets to short-term trading (2nd edition).
Let's see if a sell signal sets up.
NASDAQ:NVDA still have time to have an "outside quarter" ... after breaking last quarter's low, it has rallied to retrace 50% of the previous quarter's candle.
This is not an example of #SSS50PercentRule because NASDAQ:NVDA is DOWN on the year, therefore it does not have full time frame continuity.
This would be a 16% rise over the next 5 weeks.
Following on from the first post with the bearish crab, which I mistakenly called a bearish bat (apologies) we now have what appears to be a bearish engulfing or outside bar with confirmation. Still holding my shorts from the B.
Just an insane day in the Markets, As we knew.. we did not hold short. What did we know, we look for a reversal. We hit our outside quarter target and fell a bit more towards our 420 level before ripping almost 20 points into the close. Is this the bottom? It does NOT MATTER. We trade what we see, each day is a new day. This market can fall just as quick. We add...
SPY hit our Outside Month Target today at 448.91. Nice run on the drop here. Harder to enter puts now until we see a break below the broadening range. Can still push further down a bit. Almost time to look for a long reversal to get in on a pullback.
Saw 4560 after never gaining any upside momentum. We had a target below of 4532.45 and hit 4530.20. Not too bad here. Going to have to look for a pullback to the upside soon before another leg down if we get one. still intact for outside month target here of 4495.10. 4500 as always is a Big Psychological level. Lets see what happens here.
Bit choppy early but we broke bearish keeping trend. Our target was 451.14 and we hit 451.12 AH's so far. Not a bad move down. Still looking towards the 448.91 mark for outside month and back on bottom of broadening range. Follow the trend until the end.
Hit our target zone today as spy continued to drop. Nice bounce from here but not much follow through. We have retraced back through 50% of last month's candle. This usually means we can print an outside month. This Puts SPY target at $448.92.
I am seeing a nice outside bar on weekly basis, repeating history from the DENT-BTC chart.
This means that there are a lot of institutional players buying this GEM token.
I am maybe crazy to predict this, but i can' be wrong if my risk is too small.
Let's see how this plays out.
Long time ago i analysed again a chart from DENT.
This time I see a signal, so...
As we're witnessing an U-form on daily time frame and closing on a daily outside bar which means we take the length of the U form and put it above the U-form, reaches 3,05 dollar/ADA => short term
Long term : 3,85 dollar ADA
Have a nice friday and weekend.
Like and commen, peace !
NYSE:CHGG weekly is ready to continue its uptrend. Last week gave a very bullish outside engulfing bar right as the 5 EMA crossed the 20 EMA. It is a very strategic spot and it is aligned with the MACD crossing up as well.
NYSE:CALX gave one of my favorite bars today which I like to call a Death Star. It is an outside bearish engulfing bar that tried (and failed) to make a new high. It is one of the worst bars you can see at the top of a chart.
This one also broke out of the top of the triangle (and failed) and then broke the bottom of the triangle and closed under the trendline...
Like you're seeing, we have broken a nice small rocket and inside the rocket we have an orange ouside bar. This means that big institutionals are buying.
The next leg up is around 0.0255 dollar.
Those gains are huge and don't miss out.
What do you think ?
don't hesitate to leave a comment and hitt the like button
Peace.
Dent is back again with a simple triangle wedge and a bullish outside bar (orange bar inside, i.e. whales on 2 hour)
We might get a pull back retesting back to the triangle wedge, but with no doubt i see a clear break on 2 hour and towards to the next leg around 0.0189 dollar.
Like you told me to spot again, Feel free to hitt the like button and like and...
The orange bar means that there are a lot of Whales buying, especially the BitMEX and coinbase listing today and tomorrow.
Update target=> 2,64$
Tonight we meet the FED which is also bullish in my eyes, because the rates would be unchanged till 2022.
Like , follow and comment.
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