we have completed the accumulation phase and are ready to discover price upward nice liquidity in form of stop losses are resting near the round number 1.00 risk to reward are interesting, easy to set-up a 2:1 trade
We can see that the volume is decreasing, while price is rising, suggesting a decrease in demand. ACT chart also show us a negative divergence, when comparing price with ROC. The ADX is also showing a new higher peak. And as we can see in later 2023 a higher peak was made and resulted in a decreasing price; March 2024, the ADX failed to reach a new higher, and...
big volume spike near all time low, leaving the value area to explore price upward, 30.0 is a round and easy reachable level, that would mean about 80% ROI, stop loss should be below 15.0
LITM is a lithium mining company with operations is Western USA and Canada now getting a lift as lithium prices are rising. It popped 16% today and hit a screener on volume yesterday. This is a junior miner compared with LAC and SGML. As such it is more reactive to price. All indicators confirm the move including the extent of the trend, relative volume...
LCTX on the weekly chart here has been falling since late 2021 and found support at the bottom of the high volume area of the volume profile and ranged between it and the POC line for the past 18 months. The is a high end clinically active biotechnology firm using stem cells to produce therapeutic cell lines . ( One experiment using the mammary glands of...
For NASDAQ:MVST , wait till a day after the quarterly results are out (01 Apr 24). If the price is heading down from that date and the resistance level, then wait until either the RSI is at 30 or the price reaches $0.55. And then start DCA for a long term hold. If after the quarterly results the price starts a flag pattern, see the trend of the RSI and start the...
Here's another video highlighting the trades I took this morning and yesterday and some of the longer term swing positions I'm in with analysis as to why I took them. Hope this was helpful Happy Trading :)
NASDAQ:TLRY is approaching a resistance range and is at the top of a W pattern. It's rsi is also overbought above the 70 level. Volume is also trending upwards and has reached the level where the previous volume high (and price trend reversal) was. The trading opportunity is around the 3 scenarios shown in the chart, with, due to the technical indicators...
LT appears to have formed a cup and handle pattern with bullish breakout. However there were some selling during end of the day. Though volume was above average, selling at the end of the day is a worry. Risk reward is around 1:1.7. Disclaimer: I am not a SEBI registered consultant. This is not a buying or selling recommendation. Please consult your financial...
HINDCOPPER formed a falling wedge pattern with multiple test of support and resistance. Moreover there was good runup prior to chart pattern formation. Volume were relatively low when price were falling. However upon breakout there was strong volume. Currently resistance is being retested. Good opportunity for long trade with favorable risk reward. Disclaimer: I...
DNUT from no where on a 15 minute chart moved late on Monday and then continued on Tuesday, the trend indicator is thick suggesting continuation again for another day. Donuts sold good for St. Patrick's Day. I am in this since yesterday. Added at the opening bell and the lunch hour. It is risk free as the stop loss is above the average entry. Looks like...
** warning - low market capital $10m - high risk ** Happy with the risk? Read on… On the above 2-day USD (left) and DMTR / BTC charts price action has corrected 90% since late September. Now is an excellent time to be bullish. Why? 1) The ‘Incredible buy’ signal prints on both pairs. 2) RSI resistance breakout on the dollar chart and with confirmed RSI trend...
NKLA on the 120 minute chart has been in a falling wedge pattern and had the news of hydrogen stations ready to go in the all important California market and now printed a countertrend breakout over the wedge. Can Nikola stop the cash burn? Can it prevent further shareholder dilution? Is the board protecting the interests of shareholders ? While this gets...
www.msn.com [/url ] FL is here on a 30 -minute chart. It fell badly after good earnings 3 weeks ago and has been resting in a narrow range for about half of that. A volatility squeeze released and some price action with corresponding increase in relative volume resulted. FL has about 50% upside to the price level before the last earnings. i am expecting a...
INTC in the past week trended up and reversed into a trend down which then went into a low volatility narrow range consolidation to finish out the week. I see INTC as being in the bottom of its recent trading range and ready to head higher inthe upcoming week. The RSI lines are in the area of 35-40 and the slope of the regression line is rapidly decreasing....
CVD AI PRO - 3.1 Conservative Day Trader (updated) Summary: This advanced technical indicator combines Cumulative Volume Delta (CVD), Dynamic Average True Range (ATR), and Percentage Change analysis to generate long trading signals. Designed for the discerning trader, it integrates a comprehensive approach by considering volume, price volatility, and trend...
CVD PRO v3.0 - Crypto Capital International Indicator Overview: This indicator combines several key elements to provide insights into market trends and potential trading signals. It incorporates Cumulative Volume Delta (CVD), Dynamic Average True Range (ATR), Percentage Change, MACD (Moving Average Convergence Divergence), and G-Trend filters. By analyzing...
Early alert on this stock. Volume is all right, just looking for a price action. The chart pattern is good.