$EXPE Bouncing off the sma50, looks like a good entry point. Entry yesterday $128.94
$DIOD so far is holding the sma50, let's see if it keeps trending upwards.
$FXY Topped on late March, marching lower since then. Rejected twice at the sma50 (dynamic resistance). Today it closed red. More downside ahead? Closing price: $86.02
$SYNH close to sma50 and trendline support, looks like a good spot for entry and ride this uptrend. Major U.S. indexes closed red, and this stock closed green with 1.06x average volume, that's a sign of strength.
$CDW just bounce off the sma50 on above average volume. Let's see if the uptrend can continue into year-end. $85.80
Ref. price: 43.83 $VEA I see rejection at $44, today closed below the sma50 on 2.72x average volume. Looks like a good spot to short with a max risk of 2atr (14) stop on close.
The sma50 acting as dynamic resistance in this downtrend, looks like a good spot to start a short with 2 atr (14) as stop on close.
The SMA50 offered a good entry point yesterday, I went long. Today it bounced off that level.
$RUTH is an example to trend following using the sma50, this moving average offered several buying opportunities to go long. Today the company posted earnings and the stock hit all-time highs. First entry $21.80
$CHSP in an uptrend, good r/r spot with stop below the sma50.
SBUX has previously shown many trading patterns such as head and shoulders and flags. Currently, the stock is in an upward flag, but also on the middle of two Fibonacci levels. The blue line represents short-term resistance if the stock breaks that I believe it will stay in this Fibonacci level with enough time to hold until the next resistance line. This upward...
Bought $V when it was close to the SMA50 support, nice bounce this week.
$CAT Price: $145.00 Shorting against the sma50, stop set 147.11
$VMW The sma50 acting as dynamic support. Low volume (0.49x) bounce today. Good growth numbers. Looks like a good entry area with a stop on close below the sma50. Earnings on 8/30 amc.
Stock in an uptrend, good r/r, stop below the sma50.
$CARB offering a good r/r using the sma50 as support, stop could be 2.5 ATR(14) on close.
As you can see, BTC seems to have found a bottom and is working it's way upward. Having already breached the SMA 25 (4H) chart, it is hovering over the SMA 50. This, is still short (by around $700) of a cross of the SMA 200. This barrier has been a tough one for BTC to break but, if broken soon, could lead to a lot of optimism in the space. Until the SMA 50 is...