QualQuantTrade

QualQuantTrade Updated 

May continue to 6.65, but I took this opportunity to start building a position.

QualQuantTrade

GNUS is staying above its trend line. A price channel is beginning to emerge --> potential movement in the next 4-5 days.

QualQuantTrade

Potential entries based on: -support/resistance lines -symmetrical triangle breakout Numbered in likely order of occurrence

QualQuantTrade

Look out for a strong break out of the trading range for a long entry after a retest of the 116.25 resistance line (then acting as support). Long-term profit target is $200 and short-term is $144.

QualQuantTrade

Potential entry area on chart.

QualQuantTrade Updated 

Entry on support after range breakout Long-term PT using PnF chart measurement PT: 177.98

QualQuantTrade

Short, mid, and long term PTs and trade length may be approximated from IEA's historical behavior. 4 rallies and 3 consolidations/corrections in the chart, keep in mind rally 4 may not be over so will have to wait and see how it develops this week. Can use average/median/mode to identify a goal, you pick.

QualQuantTrade

Potential entry and short/long term price targets highlighted.

QualQuantTrade Updated 

Likely to head up next week. Right now testing the 23.6% retracement level.

QualQuantTrade

Trendline + break of resistance + ema --> pretty bullish

QualQuantTrade

Price/volume look more bullish on 30m chart

QualQuantTrade

Analysis of price and volume on 30 minute bar chart --> sellers still present and strong

QualQuantTrade

Symmetrical triangle formed on the 5m chart, upward move expected to continue Monday

QualQuantTrade

Long entry on test of 52.85 support

QualQuantTrade

Entry and minimum PT

QualQuantTrade

Wyckoff reaccumulation phase breakout ---> test last support ---> head higher.

QualQuantTrade

Weekly channel is up ---> bullish Strong tests of resistance fail to follow-through ---> bearish Price volume higher on bullish bars and decreases on bearish bars ---> bullish Price action can be interpreted as distribution or accumulation ---> neutral Increased institutional interest ---> bullish Dilution ---> bearish (probably short-term) CONCLUSION: could...

QualQuantTrade

Levels based on the daily chart (higher time-frame ---> more significant levels) Price may hang around these levels on the way up ---> long-term trade Short/Intraday trades ---> potential entry/exit levels