Emerging market trend has kind of broken out of the consolidation but yet rejected from prior high so until it is north of that nothing concrete. It is still in a long-term uptrend.
Live market & reality VS. Text book & Theories --------------------------------------------------------- ***News paper journalist w/his assistance developed one of the greatest indicators i've ever seen. -------------------------------------------------------- signals when price crosses below clouds then crosses back above clouds "One whole candle at least" 23...
Price sold below the RWP (RISING WEDGE PATTERN) to 1.20952 before a pullback to retest lower channel trend line. A retest of the lower channel trend line is the trigger for a short entry which is bearish until the next logical support region. The first support region is at 1.20867-1.20789 and the second at 1.20269-1.20198 region on the chart. The...
- IDEA moving in an ascending channel, - Bounced back from daily resistance turned support zone. - Support :- 7 - 8. { Chart for study purpose only. }
Hello traders, could form a double top . I’m predicting top divergence on 3hr . Looks like these predictions could happen the next following week . Thanks for reading!
ALRN had some weekend news. Will be interesting to see if it can break above a near-two-year resistance level. I didn't show it all the way back to November of 2018 but if you take the chart out further, you can see this level holding as resistance. "Saturday, the company announced new positive clinical data from its ongoing Phase 1b trial. The trial...
Previous chart study in trade like a stock market wizard book pg 189.
DKNG Wave 5 we profited as per my previous post and now abc correction also coming to an end. Another long entry emerging for new wave 1 around 42-45. If this support holds one can easily ride this till the end to wave 5. I have an entry order waiting to hit. Hopefully tomorrow. Just an opinion. This post is for educational purpose only. Please do your own...
EXAS was very strong and up over 20%. I am looking for it to retrace a bit to buy some.. Looks good if one is looking for something in health care science and research for your portfolio or you could simply swing trade. Please do not buy or sell any financial instrument or any other assets reading this post. This is strictly for education purposes only.
Good company with over 3.5% dividend. Growth stock. Retesting the breakout are. I think it's a good buy there. I will watch to add some there for a long term growth and earn yield. This is not a recommendation to buy or sell any financial asset. These posts are for educational purposes only. Please do your own homework before purchasing any assets.
GlD has started forming handle for a cup and handle pattern. Guys remember this is the last time GLD will be seen at that price. Bottom of the handle is what everyone needs to keep an eye on. When confirmed it is time to load and hedge against USD. Because as previously posted, today VIX has bounced heading up, USD is heading north and GLD and stocks are going...
SHLL Long set up in play. Price is getting ready for a wave 5 run. Merger is also very close. Strong price action. If closes above the breakout candle, i think it's time to go long. This is an opinion. Please do not buy any stocks or other financial instruments reading this posts. These posts are for educational purposes only.
DDOG is setting up for a breakout pattern from the wage. Stock is up 190% from March low. consolidating or breathing after such as long run. Not showing any weakness in this past few red days from market. Likely move higher. Excessive volume spike shows push downward less likely it seems. Will look for confirmation in the coming week to go long. This is an...
Nice handle forming for cup and handle pattern. Once market stops bleeding which is likely to bounce atleast temporarily from the oversold territory, Price for EL may also break out of handle. Getting ready to go long once the set up is completely formed. I see this downward pressure from market cyclical and likely to not have crash as lots of fear mongerer are...