I think the ABC correction is done and we're probably heading for another Impulse Wave. 4h RSI is at 20 which has been a good buy signal historically. We're also at a good trend line support. Hoping to close this position at around $52 with no stop loss. Happy Trading :)
Looking to catch a nice 10-15% move on $ASML here. Been riding in this curved since the beginning of 2018, lets see if it keeps playing out. A close above $200 tomorrow (Thur 8/23) would be a nice confirmation on a bullish run from here.
buy @ 43.81. I would call this a rather aggressive pattern because weekly support isn't right below the X point. Still a good opportunity if you are looking for an entry on this stock.
buy @ or below 33.92 Nice weekly support below, too.
Going to base this on divergence at resistance, divergence of several indicators/oscillators. Looking at several timeframes. Let's see how this goes. I allocated $1000 to a CFD account, just for experimenting (demo accounts with fake money are boring). I think it should work, but let's see how it goes after 10-20 trades. Oh also I have to remember to separate...
Tech stocks continue to grind higher despite the trade war and other uncertainties. It is a relentless trend.
buy @ 50.17. Pattern completion point right near weekly support which makes it even a stronger setup.
Long on my bank account! Goodbye crypto you bore me to death. Time to look at US Stocks. They say in FX (and I figured Oil too) what you have to do is understand the patterns then your job is doing the same trades automatically, which is what I am doing, my system is near perfect now. I think I am good to go, every week end I check the charts and feed my custom...
Just like the SPX and DJI charts I looked at, this thing measures slightly past the Bear Market threshold... it may touch the target, doesn't mean it will close there though... If the current top proves to be the last shoulder, July 27th is when this is expected to play out by
Stock got halted before the close, the day before it was to be delisted. It never opened back up, volume was significant, all the scanners picked it up so it was the biggest mover of the day. My guess is either someone had a lot of naked shorts they needed to cover before they removed it from the Nasdaq, or somebody had a deal with someone to cover their shorts to...
Over the last few months Global Blockchain Technologies Corp broke out of its long price action slump with the announcement of a name change (...LOL...). Now they have announced involvement in crypto mining. Coupled with the fact that institutional investors are super yield hungry in an environment with prolifically low return on capital rates - even negative with...
Strong indication that the highlighted highs will hold. We should start seeing strong down moves in the near future.
This quarterly trend line projected from the Q4 '08 and Q3 '10 key lows is what has held up this long-term rally and is extremely significant because of that. There's been some talk lately in the trading community about the reliability of trend-lines and whether or not they're useful, judging by this chart I'd say if drawn correctly they're pretty damn...
Short term bull until this move with FB and QQQ finishes. Possible profit taking and strong resistance around diagonal support line 1 could keep the price in zone 1 (red circle). Lines 2 and 3 currently offer support. Should see a typical 10-15% sell off this would send FB back down to zones 2 and 3, with support at lines 4 (black) and X (red). The 100 day moving...
To me Amazon is a clearly heading for new heights, as the Coppock curve ( Eclipse) has just turned positive, also so has the Aroon oscillator, showing a positive trend has emerged. This is supported by the Cyclic lines showing the positive stock trend is just one of many. The 50 moving average is providing support, and the stock recently broke out of the sending...
sell@831.58. RIght above we have the yearly high for some upside protection.