ROKU has not performed well over the last few weeks. It has been under heavy selling pressure since its last earnings report. I am considering a long position for 2 reasons. First I believe that the stock has sold off to an area of consolidation that may interest some buyers. It is a zone between 218 and 228 (rather large range). Secondly, and more importantly,...
Hello Traders Here is a new BUY Scenario, after a correction. if this pair reached this point, here is the best position to buy This pair is quite oversold, i expect a bullish move 💹AUD/USD BUY STOP ✅ Entry @68.500 or above ✅TP-1# 68.700 ✅TP-2# 68.900 ✅TP-3# 69.000 ✅SL# 67.400 JamdeJam will not accept any liability for loss or damage as a result of reliance...
Hello Traders Here is a new BUY Scenario, oversold signals coming from the RSI and the Stochastics. This pair is quite oversold, i expect a bullish move, maybe until 149.800 - 150.000 Over this price, i think it will go down further between 136.000 and 132.000 💹GBPJPY BUY STOP ✅ Entry @149.000 or above ✅TP-1# 149.200 ✅TP-2# 149.400 ✅TP-3# 149.600 ✅SL#...
a repeat from lasf night showing an over sold situation............................
As a theme park operator Six Flags is being beat down with all stocks that could potentially be affected by the Omicron variant, however we believe there's no appetite for more lockdowns and most people will carry on with their lives so $SIX could be a good contrarian play here as the technicals are all lining up. Price is currently below the lower Buy Sell Band...
I have been waiting for AI to get to this PCZ for many months now and we just gapped down slightly below it today with the RSI oversold and the MACD slightly diverging. I'm going to be a little aggressive and buy some here but if it get's back above the 1.618 Fibonacci Extension i will buy more.
We finally had a huge sell down into the PCZ entry of this Gartley with lots of volume behind it; lets see if we can get a bounce and start going up from here again.
Banks are still very cheap, $C trades at 6 PE with a 3.14% dividend yield and technically speaking its stock price is now at the lower part of its trading range for most of this year. Both the Range Strength and Hurst Exponent indicate the price is in a non-trending ranging mode, the RSI is at 22 and price is 8.38% below it's 50 day MA which is a lot for a mega...
UPST starting to look really interesting after seemingly finding a bottom after selling off post-earnings leaving a big gap to fill on the upside. Big falling wedge on the 4-hour timeframe along with a bullish cypher, RSI is also way in oversold territory. Bollinger bands are squeezing on shorter timeframes and buyer volume picking up. Bullish will be looking for...
$BTC bitcoin 4 hr bullish divergence likely to be played out ..More likely thr bottom is in or very close to the bottom looking for reversal
By taking a trend line from the beginning (20th July) of the current wave up along the previous correction low (21st September), we can visualize a trailing price of support. Bitcoin is trading in a falling wedge, while the MACD approaches a crossover. If there is sufficient momentum to push the MACD above 0 following a cross-over (price action to the upside...
Historically everytime RSI was this oversold, stock had a nice bounce/run ~ based on history expect a bounce to to $105 /// Additionally $75 seems like a strong support...I think bottom is in - I'm long Dec & Jan calls / not financial advice do your own research NASDAQ:CRSP
Hi All, my main 3 take-outs from this analysis are the following: 1- EURUSD is approaching the support area of 1.11 (actually it would be between 1.10 and 1.11) which is historically relevant 2- The cross is also trying to test the descending red long term trendline, which was brocken in August 2020 with volumes 3- The RSI in the weekly chart is in oversold...
Hi All, my main 3 take-outs from this analysis are the following: 1- The hourly chart shows RSI in oversold territory with high chances of a rebounce 2- Price might be retesting the resistence at arund 4.60$ in the next days 3- Still valid the possibility of an upward breakout of the descending wedge shown in the daily chart Not a financial advice, just...
NZDUSD looks like it is ready to make a pullback towards 0.6965-70 area as it comes from an oversold technical picture. We will try small positions at current levels (0.6930-35) setting the stops below 0.6920 targeting 0.6960-65.
With an ABCD pattern and a 5-0 Harmonic pattern with their potential reversal zones at 1.3375/1.3360, a bullish push-up is expected. As a confirmation, the market is close to the lower volatility band and is diverging with the RSI in a sign of the exhaustion of the bearish momentum.
Price is moving sideways in the lower time frames. The higher time frames will keep saying it all. Once i confirm Divergence in M15, i will send out the possible buy signal in my next post here. I appreciate the love so many of you show towards this channel, and to as many that keeps supporting us, i say a big 'thank you' !.
Keeping a close eye on DIS here- Sold off after earnings leaving a big gap to fill on the upside. Holding a big symmetrical triangle on the daily timeframe along with a falling wedge on the 4-hour timeframe. With buyer volume should really pop- Will be looking for a breakout from this triangle (Broader Markets Permitting) - Just some support and resistance levels...