1.EMA's crossing up? 2.Price needs to break through dotted line. 3.Price already bouncing off of support? 4. Testing previous high? 5. Retracement to support after?
1. Testing support? 2. Price respects historical pattern? 3. Flag down needs to finish? I like this setup. I want to see bullish candles at support. Once price rejects support, I want to see whether or not price will break through my trend line for a move towards the upsiide.
1. Flag needs to finish. 2.EMA's hooking down? 3.Historical Pattern? 4.Price consolidate donwn? I like the pattern I see. Lets see what happens. Maybe we can get a bounce off of one or both supports!
Company Description: Canadian Natural Resources Limited is a senior independent oil and natural gas exploration, development and production company based in Calgary, Alberta. The Company's operations are focused in Western Canada, the North Sea and Offshore West Africa. Analysis: Canadian Natural Resources is an oil and gas company within the energy sector! I...
Since February 22, 2021 interest rates has been in the 2’s up until July 1st. Since July, Interest rates have lowered a tad bit but is continuing to range in the late 1.70’s -1.90’s. The Fed says inflation will be transitory. At the end of the day, we are at historically low interest rate levels and I don’t see how we would go back between the 2’s and 3’s at some...
Since February 22, 2021 interest rates has been in the 2’s up until July 1st. Since July, Interest rates have lowered a tad bit but is continuing to range in the late 1.70’s -1.90’s. The Fed says inflation will be transitory. At the end of the day, we are at historically low interest rate levels and I don’t see how we would go back between the 2’s and 3’s at some...
Good morning Everyone, this structure shows the uptrend that ended when NFP were released on Friday 3rd of Sept.and also the correction that unfolded afterwards. The Kumo generated by Ichimoku supports the uptrend and keep pressure on the correction and has a similar function to the 100 moving average (blue). Based on this structure a first trade could have been...
Price tested the resistance zone for the third time, but it did so impulsively in the 1HR timeframe, but on the bigger timeframes a continuation pattern to the downside is almost established. I will be looking to sell once price breaks support.
ViacomCBS Inc. is a media and entertainment company which creates premium content and experiences for audiences. The company's consumer brands portfolio includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, CBS All Access, Pluto TV and Simon & Schuster. It operates primarily in the U.S., Europe, Latin America and Asia....
By this analysis GBPUSD may be on a steady bullish wave from this week. Fingers crossed 🤞 Not a financial adviser, just my own personal experience and analytical skills on the pair.
This is a gaming company that has lasted the test of time to the point that they have become the Mecca of the gaming world tbh. They are here to stay and are still competing well in a highly competitive industry! Looking over their financials, I like how the gross profit is increasing consistently since 2017. COGS has stayed stable. Steady increase in Net...
HI Traders! will be looking at going long on this trade!
Details are in Photo. GM is a great company in my eyes. I do feel mixed on the auto industry with the variant and other catalysts in the reports that are being released economically. I wanted to catch this at a support level on a larger time frame. Just want to keep it simple. I didn't do any options because I wanted to stay away from theta just in case. Looking...
I love this companies financials. I understand what's going on in the semiconductor world. However, I'm thinking about consumer durables like laptops, computer gaming, memory and storage data. I'm not big on speculation but I know we are so dependent upon technology and alot of their products attack a wide range of technological factors. Price is currently at a...
When doing my sector research, I noticed that the stochastic levels were decreasing. I like levels under 50% and this is currently at 24% today. The put to call ratio is under 1 sitting at 0.92 post-market which indicates that there are a tad bit more puts that were closed today versus yesterday which indicates that more calls are slowly entering the market. The...
Seems like XLF has been taking a brief dip. with a stochastic under 50% currently 44% I wanted to find a reasonable company that was near or at a support level on the daily, 4 hour, and 1 hour time frames. Citigroup seems like a good deal to me. The rsi and the mac d both match on those three aforementioned time frames and I was waiting for some bullish candles...