I am eager to buy this stock because of its strong financials, its strong dividend, exemplary stewardship, and its current valuation, which is significanlty less than its fair value estimate (~$21/share current, compared to ~$29/share est. fair val.). However, due to its recent price increase I am not confident to buy this stock now because I have a gut feeling...
Years ago when I was learning to trade and studying under my mentor he told me that day trading was best done in just the 90 minutes from 10:00am EST to 11:30am EST. This makes a lot of sense. The 9:30am to 10:00am opening time is very volatile for stocks. Traders are rushing to open or close positions before many have made their decisions to put orders into...
SPX is looking good on 4hr timeframe for a retest to prior 4hr wicks. Daily candle still looks like it can go either way. Will watch for now and possibly look for a short entry if rejected again or possible longs on retest if a breakthrough. Tesla will be joining SPX this December so there should be some turbulence on this pair going into the next month and next year 🚀
The manipulation process is complete, more institutional long positions are opened, a new market turn should occur with the first TP at 10705.
Short position as part of a secondary movement inside the manipulation stage in where bitcoin is analyzed.
Predict the timing with ichimoku kinko hyo can deviate 1 to 2 candles for the timing of the EJ chart. The chart has just formed a 2 peak. Price is now pullback neckline. Tips: sell
Need to buy those 500 calls cheaper for earnings wait to get to 462-468 range next 2 weeks
Would like to see ZM head into the buy zone and bounce back. 5MA heading down, watch closely next week. Set alert at $234
From the chart we see a near perfect hit of a 1.27 extension of an impulse wave in the 11.5 region which may have marked a bottom in Natural gas, I say this because in recent weeks we are not seeing a pattern of lower highs and lower lows take hold. Furthermore there has been aggressive buying in related stocks such as SWN and RRC which may be an early indication...
Than you for your likes and shares! Much appreciated! __________________________________________________ The market profile at the moment is providing opportunities to trade the Gold GC1! from 6AM to 10AM. Time when we observed huge movements recently. The market used again that time frame to jump from the previous range to the new one. The market is at the...
Hi traders, What a day! I took a record of 7 trades (my average is about 3) and all of them were beautiful setups. But most of the time the market went immediately against me and pushed the stocks I traded the other way! Key point here is not to give in and blame the market - it doesn't care at all and you can't sue it :D Reduce the size so you don't exceed your...
Some key levels marked as the purple lines. But I am watching to see if we have a gap tomorrow above $242.66 to climb higher. $242.66 was resistance today. We do have support at $241.11 so we will see what brakes first.
Indicator shows a little positive divergence. The Long Term Uptrend is still there, this could be an opportunity for a buy! The price could find support around the USD 7.000! So please pay attention around this level, but be aware because volatility is high. As quick as it has moved down, that quick it could be moving up as well. Have an amazing day!
For context please note we are dealing with weekly candlesticks here, I'm pointing that out b/c people are used to seeing shorter time frames and I don't want anyone to be confused. Overall I think we are in the beginning stages of a large degree C-wave in an ABC correction. I am neutral on the Russell as of now b/c I think we need a smaller degree B-wave up in...