Hello traders and investors! Let’s see how TSLA is doing today! First, in the 1h chart, it lost its previous support at $ 847, and it is trading at the $ 814 area, as we mentioned last Friday. TSLA is far from the 21 ema, looking oversold, but as long as we don’t see a clear bullish structure, we can’t call it a buy again. However, what if it reacts? What if we...
Decreasing doown trend velocity and strength is obvious, BTC seems going to return to pivot (ATH, 69k)... There are some levels with different amount of remaining orders above, the first one is 50K for a intresting short term trigger, i hope i can enter on 43.9k just with 220$ stop loss... let see what's going to happen...
NASDAQ:PCRX long setup: Today's bar was very impressive and closed at the high of range and broke a possible trendline The chart has a nice process over the last few months. Big bear trap in Oct followed by a higher low in Nov 20 EMA has crossed above the 50 EMA and they are both accelerating up Entry above today's high at 59.36 Stop under Dec 16 low...
NYSE:SHLX trade setup: Inverse head and shoulder bottom MACD re-crossing positive 20 EMA above 50 EMA and both are upward and accelerating Last bar was very bullish and broke small trendline Entry above Friday's high at 12.80 Stop Loss under Nov 1 low at 11.89 Profit target is 15.99 Risk/Reward of 3.5
Very nice Trade that I took today. This is actually the way on how to approach your trades by looking at the options that the market is giving you. In this case I was not sure which Demand Zone the market will pick so I decided to use all 3 Demand Zones. The first was activated and ran into profits. Then I secured the position by moving SL to entry which was a...
NSE:BAJAJ_AUTO Making Higher High & Higher Low on weekly chart. Stock is suppose to bounce back from recent swing lows which is around 200 Day EMA. We are recommending to buy stock around 3850 levels with Stop Loss of 3700 for the target of 4300 which near previous swing high.
Hello traders and investors! This correction on AAPL is not a big surprise for us, but for how long will it keep dropping? Let’s see. Since our previous analysis, AAPL had some key support levels that would trigger a pullback if lost. Now, when will it stop dropping? Coincidence or not, AAPL is sitting at a very nice bottom candidate right now, which is a ...
Hello traders and investors! Let’s see how PLTR is doing today! First, in the 1h chart, we see that PLTR dropped sharply today, but this didn’t, at any moment, ruin the bullish thesis on PLTR. We talked about this in my previous analysis, and the link to it is below this post, as usual. In fact, PLTR just dropped to hit the previous support at $ 25.03 (black...
MYX:FPI Fast Turtle Buy on Trendline RRR:1:2
Hello traders and investors! Let’s see how NVDA is doing today! First, NVDA has been doing many incredible movements, but in the past few days we see nothing but congestion . That’s ok, and it is just a sideways correction. This happens when a stock goes up a lot, and it is supposed to correct, but it can’t drop, because the momentum is too strong. There’s...
EURUSD price have broken the wedge pattern with completed ending diagonal pattern. Stop Lost either @ 1.1750 ( less than 10 pips from current 1.17587 level with potential profit of 440 pips . Meant 1.17587 - 1.1750 = 8.7 pips risk . 440 / 8.7 = 50.57/ 1 "Huge!" risk/reward ratio ) or @ 1.1700
Bitcoin, Baseball Superstitions, and the Lunar Cycles: Using the Moon Phase Indicator to Enhance Your Trading Success It is rather well known amongst the trading community that J.P. Morgan once stated, “millionaires don’t need astrologists, but billionaires do”. I wonder though… Do most traders know that Evangeline Adams, the financial astrologist he chose to...
Based on the chart a strong movement happened yesterday and it would be the start of a big upward movement. Also a Flag pattern is considerable in 30 mins chart which is broken buy it doesn't move yet. Also a weakness on sellers is considerable at this area. So based on these scenarios I prefer to be buyer which it can provide me a good risk reward ratio. Note: As...
SPX with price breaking low of 4340 which is wave b of subwave of wave 5( Not shown on chart). SPX probably completed its leading diagonal pattern .. Short SPX toward around 3880 which is 1) Daily 200 EMA line 2) The Next Major Demand Zone ... Stop lost at 4384.50.... A Risk /Reward Ratio of about 6.64!
Based on the chart, price reached a major resistance area and a rejection happened. This strong rejection can be a good sign of strength of sellers at this area and on the other hand the bulls run is getting lower which can be a sign of weakness on sellers. So based on the scenario I opened a sell position on the market with a good risk reward ratio which is about...
Based on the price, a strong rejection from a major resistance area is about to happening. This market reaction can show us the power of sellers at this area and a weakness on buyers. So I consider it as a demand area and that's why we can see this rejection here! So based on this scenario, I opened a sell position on the chart with a good risk reward ratio (about...
Based on the chart, price reached a major support area and a strong rejection happened there. So strength of buyers at this area and the chart trend, can provide a good opportunity to be buyer. So based on these scenario I opened a buy position with a good risk reward ratio (about 1:2). Note: As always please take risk management rules into consideration before...
NASDAQ:SUNW daily chart broke through the trend line today after several months of basing around the 200 EMA . I would initiate a long trade above today's high at $10.71 Place the stop loss under the June 21st local low at $8.79 The eventual profit target is the ATH at $29.37 which gives a risk/reward ratio of 9.72!