Potential upside momentum for NYSE:RAMP
This trade came on my radar with all the indicators align with my criteria for an entry.
However, we do have to take note of the recent sell-off that happened last week. Hence, I will monitor this trade closely with a trailing stoploss.
In recent, "Technology" sector & "Information Technology" industry has been...
Prices are unsettling these few days due to the results of USA presidential election which was just over
With current TA prices are moving erratically due to many uncertainties
Prices also tested the previous high resistance and "knocked" back down strongly
In this situation, it would be best to observe the price movement for the next few days and avoid taking trades
Strong bullish momentum for NASDAQ:AMD
Currently, the price is sitting on previous support with the Fibonacci Retracement of 50%.
Prices also seem to be bouncing off the 100EMA.
If prices doesn't break below the 3 critical area mentioned, most likely prices will regain momentum and go for the upside.
- Stochastic is undersold
- Strong bullish Relative...
Potential Long for CAT
- Bouncing off 50EMA & currently oversold
- Bullish Engulfing pattern was formed with a confirmation candle
- Sitting on a support formed by previous high resistance
- Upcoming presidential election may have some impacts on the Infrastructure stocks
Overall the momentum of the "industrials" sector has been on an uptrend since May.