TheTrader2020

TheTrader2020

Different support levels it has to hold. If second support level is broken , it's a far drop.

TheTrader2020 Updated 

Looks like its prime for a break out ! It may be a good time to load up on it now.

TheTrader2020

We have been rejected at around the 75 USD area. This is due to the broad market sell off and no significant company related news. It has been in an up trending pattern since the 38 USD area. It is a high possibility that we head on to the week in a massive run. Knowing the earnings is just right around the corner, we should see a build up of sudden or steady...

TheTrader2020

It has been consolidating for a while now. It has a 66% upside to all time high when it breaks out.

TheTrader2020

Company: Enghouse Ticker: ENGH Sentiment: It may be due for a reversal, it is currently down by about 24%. That means the upside to reach all-time high is about 31% from its previously closed price point. Analyst PT: about $80 Risk: Low, it is a high quality stock that is bound to surpass the next couple of years, but if you want to play the short term swing, it...

TheTrader2020

Lightspeed POS is slowly gaining more momentum. For every pullback, it is a good idea to load up more. Even at these levels, it is a good idea to get a skin of the game. It is trying to break through the 70 USD ranged. If it breaks above, we might see another 20% run before slightly pulling back(If it ever does). Realistically its pull back maybe when it reaches...

TheTrader2020

Several Entry points for BITCOIN.

TheTrader2020

Resistance: 322.35 Support: 296.45 What to pay attention? It made lower highs and is getting rejected at around $310. It is approaching the 180 day EMA, it may bounce as it did before however one thing to note is that it has a support at 296.45, if it goes below that and acts as a resistance we may see a downward trend until the support of 278.45, which is about...

TheTrader2020

Ticker Symbol: BAM Pre-CoVid-19 High: $45.45 Support: $29.81 Potential Profit: ~25% MACD: Going down in the 1 month, 30 min time frame. RSI: At the time of writing is 55. Entry point: RSI at the 1 month time frame around 30. MACD: Going up.

TheTrader2020

Potential Profit: ~27%(Previous high before CoVid-19) Resistance: $14.72 Support at $9.40 It is currently trading above the 180 day SMA line which indicates an uptrend movement. It has been on an uptrend but the last few weeks has been consolidating. Potential Entry Point would be: closer to the SMA line RSI:~32 MACD: Going DOWN in the 1 month time frame. VWAP...

TheTrader2020

Palo Alto Networks Potential Profit: ~14.05% Resistance: $248.05 Support at $199.86 It is currently trading above the SMA line which indicates an uptrend movement. It has been on an uptrend for more than a month now. Potential Entry Point would be: RSI:~32 MACD: Going UP VWAP Action: It tends to go down to the lower vwap to bounce off of it. *To be safe enter...

TheTrader2020

CITIGROUP INC Potential Profit: ~5% based on Resistance level of $46.52 Potential Profit 2: ~15.77% based on resistance of $51.18 Support Level: $42.62 To enter the 5% profit area: RSI: Oversold in the 1 Month MACD: It is currently towards up in the 1 Month I would say this is a good entry point(currently $44.07) if you are looking to get a high percentage 5%...

TheTrader2020

Master Card Potential Profit: ~10.50% based on Resistance level of $313.60 Potential Profit 2: ~22.5% based on resistance of $346(All time high) Support Level: SMA line or $263.76 To be safe and to increase better point of entry look for a break above $282.51 or a bounce off the SMA line. RSI: Tends to bounce around ~41 on the 1 Month. Sell Off occurred due to...

TheTrader2020

BlackBerry: Potential Profit: ~19% based on resistance $5.27 Resistance: $5.27 1 month support: At the SMA line. BlackBerry is trading above the SMA line. Entry point: ~$4.39 or near the SMA line. Desired RSI entry point: ~31 If you want to be safer wait a little bit for a bounce at SMA line to confirm the support.

TheTrader2020

Visa A: Potential Profit: ~5% based on resistance $194.25 Potential Profit: ~%15 based on 214.23 all time high 1 month Movement: It moved about 15% from the support level of 160.53 Resistance: $184.51 1 month support: At the SMA line. Visa is trading above the SMA line. Entry point: $177.50 - $180 or break above the resistance level and confirmation of resistance...

TheTrader2020

Skyworks Solution Potential Profit: ~8% Next Level Resistance:$123.70 Resistance:$111.20 Support: $107.71 Long Term Support: $97.08 SMA: Trading Above Trend: Up