Shib ascending channel indicating clear uptrend continuance.
EURJPY looks like turning to long. Long for 123 pips and then riding the trend. Enjoy the nice uptrend that showing up.
The Dow Jones Index is currently creating a bullish flag price action formation. This is indicating that bullish momentum will enter the market before and after a slight pullback. We should continue to see the index break 35000 again as well as push toward the 35200 price range before the end of the week.
Hello everyone You see the weekly analysis. Do you think the chart is shaping the head and shoulders pattern that starts after a slight correction of the long-term uptrend? Please pay attention to the shape arrows. First we have a correction trend, then the preparations for the uptrend begin. Be sure to comment on what you think. Thank you
* Strong earnings quarter over quarter * Very strong up trend on the longer time frames * Broke out with higher than average volume Great momentum stock to get in. The price is ready to move higher!
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ The USDJPY pair started this session with a Bullish move driving the price back to 110.08 from 109.74, The Bulls now are eyeing every move of the market waiting for the...
Posting from my phone today so not marking chart heavily. Not much has changed uptrend is still intact. —— Now people will want ‘experts’ to tell them, when is it overextended? I would say short of making new all time highs it is definitely not overextended. There are plenty of places where people might bail/take profits on the way up resulting in corrective...
Band Protocol is showing several bullish continuation signs after breaking out of that triangle and the descending TL. We expect 50MA and 200MA to be retested before bouncing higher, let's not miss next dip! Current Price= 5.8682 Buy Entry = 5.8161 - 5.6661 Take Profit= 6.1170 | 6.3439 | 6.7494 Stop Loss= 5.4393 Risk/Reward= 1:1.25 | 1:2 | 1:3.34 Expected...
Recently INVH had an explosive break out from the $38 resistance. With tonnes of volume following even after the break. Now that volume is slowing down, it seems like INVH is in consolidation mode again. Will it give another leg higher? No one can be sure; but judging from the technical performance $39.50 seems to be support. Thoughts: * Volume is relatively...
ACC is currently challenging 2019 highs. July 20th 2021 printed a bullish engulfing candle and now volume is kicking in. Notes: * Earnings per share is expected to increase over the coming year. * Making new 52 week highs * Increasing volume coming in near resistance. Trade idea: * Look for a weekly close above $50.94 before entering * A rejection from $50.94...
Looking at the weekly or even monthly charts you can see that the company is consistently doing really well. Give or take, WMS has been consolidating since the beginning of this year and is now positioning itself for a breakout. The breakout from $113.81 was one with a lot of buying pressure and shows demand for this company. However, I do think that WMS may...
AMD is looking to end its year long consolidation and look to new horizons. Thoughts: * Looking at the weekly or even monthly time frames you can see it's in a clear up trend * It'll have to brake and close above $94.28 before it can attempt to break through its all-time-highs. * Very high trading volume likely to push the price higher from here. Trade idea:...
Made this trade a week ago +/- Remember to do your own analysis and trade within your own rules for entry and exit
DXCM has been in consolidation over the past year and within that it's been forming a smaller range since Feb of 2021. The smaller range has broken out with a lot of buying pressure and is now testing the broken resistance as support. Three things make this breakout significant. 1. It broke out with a lot of volume 2. It's retesting the broken resistance of...
Price building towards the retest of the support and trend line to continue moving to the upside towards the upper resistance
I started to invest in Rolls Royce starting Jan 2021. My gut feeling tells me i need to stay in and the consolidation is gonna make me a happy person. Be early and enjoy the ride. This is gonna be a LONG ride.
We are seeing a confluence of technicals, break of resistance, cross above 52 period MA and also the bullish engulfing, and good fundamentals, with the global recovery after the pandemic. We will see some bullish movement to the next resistance.
Buy with sl 141 Target 180+. Chart is moving in Higher high formation.