andmk2

PRO
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Joined Andmk75
Hello from the UK
Markets Allocation
86 % stocks 4 % cryptocurrency 2 % forex 9 % other
Top Mentioned Symbols
GATC 4% | 5 BYOT 3% | 4 KMK 2% | 3 CWR 2% | 3
andmk2 andmk2 PRO XPTUSD, W,
XPTUSD: Platinum's downtrend to continue?
6 0 0
XPTUSD, W
Platinum's downtrend to continue?

Descending triangle is more of a continuation pattern. It looks like Platinum is about to break to the downside. Not confirmed yet. Wait and see in the next few weeks.

andmk2 andmk2 PRO SFR, D, Long ,
SFR: Bullish flag. Not completed yet
14 0 1
SFR, D Long
Bullish flag. Not completed yet

Bullish flag pattern. Let's see what happens.

andmk2 andmk2 PRO BTCUSD, W,
BTCUSD: Inverted hammer on weekly $BTC. But week’s not over yet.
44 0 1
BTCUSD, W
Inverted hammer on weekly $BTC. But week’s not over yet.

If this candle was formed after a Friday close, I’d say $BTC would be heading down. Let’s see what the next 2 days bring.

andmk2 andmk2 PRO BVIC, W, Long ,
BVIC: $BVIC has broken out after almost 4 years of resistance
34 0 3
BVIC, W Long
$BVIC has broken out after almost 4 years of resistance

After almost 4 years, and 5 touches of 780 (resistance), $BVIC has broken out. It's possible it can get to 1100.

andmk2 andmk2 PRO OCDO, W,
OCDO: Will $OCDO break out of its descending triangle?
16 0 1
OCDO, W
Will $OCDO break out of its descending triangle?

Pressure for a breakout has been building in the past few weeks. A Bullish engulfing candle could be the signal for more.

andmk2 andmk2 PRO KEFI, W, Short ,
KEFI: $KEFI breaks to downside
19 0 0
KEFI, W Short
$KEFI breaks to downside

Support at 3.93 has not held. Therefore breakout.

andmk2 andmk2 PRO EZJ, W, Long ,
EZJ: Is $EZY breaking out of its trend channel?
78 0 2
EZJ, W Long
Is $EZY breaking out of its trend channel?

Breaking out of its trend channel? Next few weeks will tell us the answer?

andmk2 andmk2 PRO TSCO, W,
TSCO: Is $TSCO heading for a break out?
19 0 1
TSCO, W
Is $TSCO heading for a break out?

Now the triangle has almost formed, is Tesco heading for a breakout? Needs some very good news to push it up though.

andmk2 andmk2 PRO TLW, W,
TLW: H&S in progress at $TLW
18 0 1
TLW, W
H&S in progress at $TLW

H&S in progress at Tullow Right shoulder forming now Will it complete and break to the downside? Wait and see.

andmk2 andmk2 PRO NIPT, W, Short ,
NIPT: Most holders at $NIPT are now underwater
19 0 1
NIPT, W Short
Most holders at $NIPT are now underwater

Negative court judgement has amplified the downtrend which began in April 2015 It also broke below the 7.42 support.

andmk2 andmk2 PRO MACF, W, Long ,
MACF: Breakout on $MACF
11 0 1
MACF, W Long
Breakout on $MACF

Bullish after a breakout of 70p resistance, which has been in place since March 2016.

andmk2 andmk2 PRO DTY, W, Short ,
DTY: $DTY Now bearish
4 0 1
DTY, W Short
$DTY Now bearish

Clear break through support makes it bearish.

andmk2 andmk2 PRO IOF, W,
IOF: $IOF Bullish on positive Market Update
10 0 1
IOF, W
$IOF Bullish on positive Market Update

Bullish on positive market update Minor risks for the timely opening of the new plant However, looks like it could break its trend channel and head towards 19p Wait and see

andmk2 andmk2 PRO VOD, M,
VOD: Will VOD break out of its triangle pattern?
19 0 4
VOD, M
Will VOD break out of its triangle pattern?

After today's results, will VOD break away from the Triangle pattern which has been forming since 2014? On this monthly chart, it's still in an uptrend, so the answer is probably yes. NOTE: RSI is not supportive though and shows divergence.

andmk2 andmk2 PRO BTCUSD, 60, Long ,
BTCUSD: Double bottom on hourly
98 0 5
BTCUSD, 60 Long
Double bottom on hourly

The chart proves a few things: 1) A double bottom formed, so the hourly trend should reverse. 2) BTC is so volatile. You need very wide stops to trade it successfully. 3) What happens to BTC in a few days, can take weeks or months in other currency markets. Note: As some talking heads say, BTC is not a currency, it's a commodity.

andmk2 andmk2 PRO ETHUSD, D,
ETHUSD: $ETH forms an ascending triangle (maybe bullish)
131 0 5
ETHUSD, D
$ETH forms an ascending triangle (maybe bullish)

Since June ETH has formed an ascending triangle. In an uptrend, that's bullish, although it can easily fail. Wait and see.

andmk2 andmk2 PRO COCO, D,
COCO: $COCO Breakout. Does it have  the legs to go past 2.49?
14 0 3
COCO, D
$COCO Breakout. Does it have the legs to go past 2.49?

Breakout from 2.34, but does it have the legs to go past 2.49? Looks like a bottom is in place but will the trend reverse now or much later?

andmk2 andmk2 PRO SG8D, W, Long ,
SG8D: Breakout on Nickel
6 0 2
SG8D, W Long
Breakout on Nickel

Breakout on Nickel. Clear as mud!

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