For more detailed professional analysis, please go ahead and subscribe/Follow. Here we have our great CINE chart. This stock has made me a lot of $$$$ and it is great for a buy currently. Notice the big candle now forming and 10% gains on the day. There are now buyers lining to get some of the stock. When this happens the prices goes UP. A huge company with...
FLTR has risen greatly after the pandemic, growing to new heights quickly. We have now had our dip back to support and are looking to take this long. Strong Technicals Combined with strong fundamentals make FLTR an excellent long trade to take. Now is a good time to buy your shares in FLTR as we see a move back up to the highs.
Break out of the triangle measured move from the previous impulse.
LSE:NCC Is the sell off here warranted? I am not so sure as there are 2 diverging activities here. Initially from the 13th of September, the fall was looking justified with increasing volume on any new lower candles. Yet this last candle has produced one of the highest volume days yet, trading within a smaller range than previously. So I am now seeing...
What has the highest probability of occurring? Since early May 2021 price has rotated from 7200 resistance to 6800 support and back again on 2 occasions. There are two classic patterns forming within these rotations. The broadening top is currently valid with 3 tests of the upper trendline. The recent rejection at 7200 appears to be what Bulkowski describes as...
Q: What has the highest probability of occurring? There is a lot of volume being traded but the market is moving sideways. The expiration date on the 3rd Friday of the 3rd quarter is approaching. Traders are rolling forward their contracts from September to December. It makes for quite difficult trading of classic patterns. A rise in false breakouts. Consider...
Hi everyone, Just giving a quick analysis on one of the AIM-listed stocks on the LSE (London/UK). As you can see, there is a clear cup and handle forming on the daily chart, and it is an incredibly clean example in reference to what you would technically find in a text book. The resistance is at 115p, and this week it has seen a breach above next to the 120p...
This has retraced as expected to previous resistance and 0.5 Fibonacci. I will be waiting to see how this develops before entering a long as this could drop further, watch for the EMA's to cross back over or come very close to. If the price does hold this level then a target TP can be 7031.
This is at strong support both technically and psychologically as it is at £1. I do not expect this to drop anymore from here, if it does then a quick bounce back should be expected as can be seen on the 21st December 2020. I have set TP at the previous high of 146.45 and then another target at 164 if it breaks the previous high.
2 October 2020 Bearish Outlook. Dunelm Group Plc. UK Share To Keep an EYE On. Dunelm Limited is a British home furnishings retailer. Weekly Price is Over Extended and is @ a Strong Supply Level. If ???? Close above the Current high of 1563 Price could go much HIGHER LSE:DNLM
Dont post stock often on here, but aston martin looks like it wants to break out of the squeezing pattern and make some ground, good chance for a high percent trade here.
Contextual immersion trading strategy idea. GAN Limited provides enterprise Software-as-a-Service solutions for online casino gaming and online sports betting applications. The share price rose after good earnings. I see some preconditions the share price will continue growing. The demand for shares of the company still looks higher than the supply. These and...
Short sellers squeezed out? Head and shoulders top forming? I personally like speculating on what I think could be a right shoulder in a head and shoulders top pattern. Especially when the (potential) right shoulder squeezes into a 78.6% Fibonacci retracement level. Selling FTSE between 5860-5877 if I can. Stops above the highs. The measured move target is at 5110.
Buy Morgan Advanced Materials (MGAM.L) Morgan Advanced Materials plc, formerly The Morgan Crucible Company plc, is a United Kingdom-based engineering company. The Company is engaged in advanced materials science and engineering of ceramics, carbon and composites. The Company's segments include North America, Europe and Asia/Rest of World. Market Cap: £889.21...
Long opportunities continue to present themselves while this technical standpoint continues to play out. Sized in from the bottom and looking to sit on my hands to take profit at key levels on the chart. Trade with care. Note: This idea follows my own tried and testing trading strategy and rules. This idea does not constitute trading guidance for anyone else. DM...
Buy BT Group (BT.A.L) BT Group plc is a communications services company. The Company is engaged in selling fixed-voice services, broadband, mobile and television products and services, as well as various communications services ranging from phone and broadband to managed networked information technology (IT) solutions and cyber security protection. Market Cap:...
Eurasia Mining has spiked over 200% on almost 14x average volume. This is a huge move with a lot of momentum behind it. That being said, there is likely a lot of profit taking to come. The market has strong potential resistance at 1980-2005. Will it be strong enough to trigger a reversal? Maybe. It is the confluence of two 1.618 Fibonacci projections. If the...