VINC was a penny stock and is now in the near penny category as this biotech stock has had a great run in the past 10 days. On the 30 minute chart, 225 shares are bought at low prices and 125 shares are sold for profit with 100 shares still running as the momentum slows. Overall, the trades where profitable averaging 12% daily in an average trade of 4.5...
UBER is forming a “Head and Shoulder” patter after bouncing from All-Time Highs for a 3rd time, also has a gap to fill to the downside @ $69
At the end of January we highlighted the potential for USD/CAD to retrace back to its 50% level and print a swing low. It worked out well - although the 1.36 target did not arrive as soon as hoped. Still, it reached that key level on Wednesday - and it is a level that remains of interest. Not only did prices fail to close above the 1.36 handle and weekly R2...
USD/JPY fell for five consecutive days by Monday's close, which was its worst 5-day run in three months. Yet two daily closed beneath the lower Keltner band and RSI (2) reaching oversold indicated that mean reversion higher was due. Hotter-than-expected US inflation data confirmed our suspicions, and a bullish day broke the 5-day bearish sequence and confirmed a...
Disney is currently testing a heavy resistance level on the weekly chart that we haven’t seen since February 2023…… there may be a opportunity soon whether it breaks through previous resistance, retest and to then keep pushing higher, or it will reject off of previous resistance and work it way back down towards the 90s?
This is not a financial advise it's for educational purpose only. Like and follow me for more 🥰
With all the bad news pretty much baked in I believe it's time for the bulls to step in. We are forming a double bottom on the weekly chart currently retesting support levels from October 2023....let's see how this one plays out.
Greetings, traders and crypto enthusiasts! 📈 Today, let's dive into the technical analysis of TIAUSDT (Tianya Token against USDT) to uncover potential trends and strategic trading opportunities. By examining key indicators and patterns, we aim to provide insights that can assist in making informed trading decisions. Join us as we navigate through the charts to...
Visa (V): NYSE:V Visa, a key player in the financial sector, is currently in the overarching cycle of Wave (5). It appears we've concluded Wave (4) at $174.60 and are on the path to finalizing Wave (5). However, this process will take some time, as we are now in a subordinate Wave 3, which is on the verge of completing a circled subordinate Wave...
Hello Everyone, The bullish trend persists for EURJPY. Presently, the price sits below the daily pivot point (PP), suggesting that if the daily PP acts as a resistance, it may lead to testing of daily and weekly support levels. Despite short-term fluctuations, the long-term outlook indicates a continued buying opportunity. TradeWithTheTrend3344
Hello Everyone, AUDJPY has surged to a peak at 100.171, and presently, it is testing the daily support level. Thus far, the daily support has proven resilient. However, caution is warranted given the pair's elevated trading levels. Nonetheless, the current outlook remains notably bullish. It's crucial to bear in mind key resistance levels at 99.499 and 102.944. ...
Hello Everyone, The USDCAD pair has shown notable resilience, maintaining a sideways trend for an extended period. Despite emerging bullish sentiment, bearish perspectives persist. Bullish momentum has strengthened due to the current price positioning above daily, weekly, and monthly pivot points. Presently, the price is undergoing testing at daily resistance...
Hello Everyone, At present, the NZDUSD pair appears to be approaching significant support levels at 0.602913 (weekly) and 0.598831 (monthly), which could soon undergo testing. The prevailing market sentiment leans towards a bearish outlook. The efficacy of these weekly and monthly support zones remains to be observed. TradeWithTheTrend3344
Hello Everyone, AUDUSD is displaying a bearish inclination, although it adheres to the projected trajectory. It's noteworthy that the prevailing sentiment currently leans towards a bearish outlook on AUDUSD. Additionally, it's important to highlight the consistent support observed at the 1-month pivot point. TradeWithTheTrend3344
Hello Everyone, The USDCHF pair is nearing significant resistance levels on both yearly and monthly charts. Despite this, the long-term trend continues to exhibit a bearish bias. TradeWithTheTrend3344
Hello Everyone, The GBPUSD is currently approaching the weekly support level, and if it fails to hold, there's a chance it may test the monthly pivot point. However, at present, the overall outlook suggests potential for further bullish momentum. TradeWithTheTrend3344
Hello Everyone, The USDJPY will be encountering significant yearly resistance at 154.607, a crucial point to bear in mind. All indicators suggest a highly favorable environment for the continuation of the bullish phase. TradeWithTheTrend3344