Although it still made a new high at 5.9 the price was sold down as the trading day progressed. Not as conclusive as first thought.
NIBT has been ranging since June 2014, and today it has broken out from the 60p resistance, which was tested 4 times during that period. So a very bullish day today and prospects for more gains are high.
VLX: Could see a reversal here on good results. It's going in the right direction but the company needs to keep reporting progress. Price must exceed 49p before the reversal is confirmed.
here's the first trade, i decided to buy ELGT stock, 150 shares at 2.48 dollars! I decided to buy these shares cuz I see a good bottom point, and looking at the chart i think we can have a really good short term profit. The goal is to grow the account.
Probability of a new tren. Buying 300 shares.
#TSLA shares Negative divergence, short term. Gap Short under 300, 300 should be strongest resistance
My plan is to enter around 53.00 with a relative tight stop below the 51.00 low. So the risk is really manageable, but the potential on this stock is very tasty, there is a potential for a 20% rise. Before entering i will be looking at smaller timeframes to ensure that bulls are coming in, and stabilzing the price. Fundamentally i have read several positive...
Tried to break 33.77 resistance zone 3 times and failed each time. This zone also falls in line with the fib retracement zone. Finally, the closing candle was an indecision candle and supports the idea of a sell at this level. Targets would be the bottom of the range that it is currently trading in (31.00) or 32 where we see consistent indecision.
FTSE has failed to maintain the test of the 7340, (150%) projection of the October-November fall, with prices falling sharply from 7354.15. A corrective bounce is currently developing from above the 7130~ high of October 2016, but falling stochastics and weakening investor sentiment are expected to limit upside tests. In the coming weeks, further losses are...
Beautiful textbook breakout out of an corrective wedge after an initial impuls higher. We formed a nice bottom and correction seems to be over, we broke impulsivley higher above the all important 1.50 area. Look for a small corrective move towards 1.50 enter with a tight stop at 1.35 and let the market do the work for you. I love this setup. Risk:Reward = 1:5
Bulls managed to make a breakout out of this circled corrective pattern. Now after the breakout, market is retesting the breakout level and i am seeing potential to buy here with a tight stop. Note the previous similar breakout pattern, that was followed by a big rally. Buy @ 5.53 Stop @ 5.43 1. Target @ 6.00 2. Target @ 6.75 There is a potential 1:11...
After a good impulse, a flag contracting pattern is being formed. I am expecting this to trully rise, the reward on this type of shares is insane, as they are less than 1 unit, you can buy a lot of units and every cent it moves, gives you an insane reward. There is two possibilities, buy in the E or buy the break out. I will personally probably buy the E as I am a...
There's an opportunity to have wave (iii) of soon
AMZN is about to finish the right shoulder. Short on BO. Cheers!
The share price of Sky PLC spiked as much as 30% earlier today as news broke out about a potential takeover from 21st Century Fox. Fox already holds 39% of Sky PLCs shares and a preliminary deal has now been reached for Fox to purchase the remaining stake at £10.75 per share. Sky currently operates in five different countries within the EU and with the current...
Will ebay close the gap from october 2016?? In my opinion it will. The question is when. :) This is just an idea after going trough lots of US stock charts. IDEA NOT ADVICE! :)
NFLX just broke out of its recent downtrend. Good Luck!