FollowMyTrades

FollowMyTrades

Looking at a buy on NEX at a break of todays high. Price looks oversold to me, we have a lot of congestion/resistance at this area but if we break it we could see the upside hit 400. Large engulfing bar on high volume. Entry: 363 Stop: 343 TP: 400 This is not a trade recommendation, this is purely my option on the market.

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I am looking at a short on USDJPY. Price has indicate to me that it is overbought and today has formed an outside bar. Price has also rejected from the descending trend line. My entry is set at 11230, stop at 11300 and TP at 11000.

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Looking at a possible long on ASCL. We saw strong rejection from just above the 300 area which coincides with the 200ma. Financials look good. The only concern I have is the move up was on weak volume, could be a bull trap so ideally I want to see a further move up on high volume. The perfect scenario would be another drop to 310 area where we could see a bounce....

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I've placed a buy order on JD Sports at 402 with a TP at 500 and SL at 360 just below the 200MA. I believe the company has great growth potential with outstanding financials. Q1 results are out tomorrow hence the reason for the order above the current price, we could see a gap up but I will monitor it in the morning to see if we miss my entry, if so it will be...

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I believe ETO is buy, my RSI and Stoch are both oversold, we also have an outside day bar formed from support on the 50 &100MA with some decent volume behind it. Financials look good short term. To top it off my son loves Peppa Pig! Buy 236 - target 300 - Stop 210.

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Looking at a long on FXPO, oversold on my indicators, shown some rejection from 100ma, although not a convincing move. That being said, positive growth is a plus for FXPO. Both weekly and daily charts are above the 200ma. We may see another down day so looking for a positive move higher on high volume for an entry. Targets: Short term: 180 Medium: 200 Long: 235

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Looking at a long on USDCAD if we break 1.35300. Price has been held in this rising channel for quite some time now. Price has held between the .618 and .5 fib. Currently holding the 50ma. Once this breaks next resistance is 1.3575. Stop at 1.33700 TP at 1.37900

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Today has seen 10 times the usual volume on PVR after a news release on the Frontier exploration licence. RSI an STOCH oversold. Price has rejected from the 200MA and .5 on the FIB. Decent financials, This is a strong level to buy. Entry at 16. First TP 19 Second TP - 25 SL - 14.

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We've had a potential long set up on SMDS with the market indicating its in oversold territory. Todays close is a strong bullish candle engulfing the previous two days price action. I want to see price break 432 for a long or a pull back to 420-425 with some decent rejection from this level. Financials look good, technicals look strong.

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I will be going long on a break of 14p on LRM. Strong outside day on high volume from the 50MA and .5 on the Fib. Fundamentally the company is looking strong with some good projections over the next few years. Stop at 11. TP at 18.

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Looking ay a buy on CEY from 164. We've seen an outside day on Friday which engulfed the previous 5 days of trading, price was oversold on the RSI and Stoch. Fundamentally the company is performing well, my only concern would be the massive sale of shares (40 mil) from a chief officer within the company. Technically it hits all my points so I will be looking to...

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Looking at a buy on BNC if we see a break of todays high. A huge amount of volume at this supply zone so looking to take price to 500 in the short term. This zone also coincides with the 50MA. We could see a test of 440 if price decides to take a dive, if it does I will look to enter at the 440 area at the 100ma and ascending trend line.

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Looking at a short from 7020. Price has rejected from the 50MA in a bearish manner. I Want to see the pull back into 7020 before entering. Stop just above at 7060. Profit target of 6910.

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I'll be looking to buy on a break of todays high. Price is a supply zone and rejected from the .764 on the fib. RSI and STOCH is oversold with an outside day formed on the close of todays price action. M, W and D all trading over the 200ma. Financials look good, increasing profit and a decent rise in fund purchases at the end of last year. My first target is...

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I don't usually trade AIM stocks, however, this one looks promising. Price has been decling over the last few weeks after a massive drive up from 4.5 area to 7.5. We've seen a decent outside day on Friday which could be the start of another drive north with a target of 7.5. I will wait until the market opens, if price opens above last weeks high of 5.282 I will...

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Initiating long from $7 on $MDR. Very strong run up at the end of last year, price has consolidated over the last couple of months with a recent pull back to the 6.50 area where we saw a lot of buying pressure on decent volume. This coincides with the 0.5 fib. RSI & Stoch oversold, decent financials, target $9.

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Looking at a long position in $GRUB from $36 which coincides with the 200MA. I will only enter subject to the price action and volume at that price. I want to see some rejection from $36 with decent volume. Price is oversold on the RSI and Stoch. Price has dipped since earnings but IMO still has strong fundamentals behind it. Target $44. One to keep an eye on.

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Vonage looks oversold mostly due to automatic share sales from CPO, CEO, President etc and slightly disappointing earnings. Numerous oversold signals on the RSI over the last few weeks. As long as price holds above the 200ma next week I will be looking to buy.