jopre0502

jopre0502 Updated 

You might declare this as a "cup" formation. I would regard this as a symmetrical triangle. It has already exceeded pre corona all time high but kind of sticks to it. It oscillates around it. Volume is declining and there for consolidating. Depending on your preference you can play as a (A) pro-cyclical (momentum) trader or a (B) anti-cyclical trader. (A)...

jopre0502

$IPHI has been building up a nice symmetrical triangle lately. One way to play is to enter on a support - as a anticyclical trade with a favorable risk ratio.. This support was presented by bouncing off the ema_50d. The volume is contracting ever since which is a confirming aspect. A possible trade might be: Target zone: $ 130 Entry: $ 110 Stop: $ 105 What are...

jopre0502

Bearish rising wedge meets volume price divergence meets Hanging man candle Let trend reversal confirm. Trade idea: Target: 55.00 EUR Entry: 61.25 EUR Stop: 61.90 EUR

jopre0502

Bear Flag continues to form. Choppy market on 14/05 did not devistate the support. Earnings gave a bearish signal as well. As long upper limit is not cleared idea stays intact. Potential trade setup: Target: 1.25 EUR Entry: ~1.90 EUR Stop: 2.25 EUR

jopre0502

Target: 4.00 EUR Ideal Entry: 4.8 EUR Stop: 5.2 EUR NB: This is idea is posted already when the breakout has happened

jopre0502

Bear flag setup of $CBK. For potential trade setup up you agree? Target: 2.00 € Entry: 2.80 € Stop: 3.22 € (VWAP)

jopre0502

Potential Breakout over All-Time-High while volume is increasing Target: 300 Entry: 255 Stop: 245 What's your opinion on this setup?

jopre0502

MOR was building up bull flag lately. Upper limit (~96 EUR) is close to number limit of 100 EUR. With earnings price cleared 100 EUR first time since Corona crash. Let's wait for confirmation with next swing on hourly timeframe. Keep observing price-volume disharmony! Warning of false breakout. Target: 116 EUR Entry: 100.84 EUR Stop: 93 EUR

jopre0502

Bear Pennant focusing on 76 EUR. Level of 76 EUR was tested several times. Formation of a spring at 80.75 EUR. Volume is decreasing indicating a supply shortage in addition with increasing prices representing a disharmony of effort (volume) and result (price). We observe a support/resistance flip on ema_8d lately. Same behaviour might happen on ema_20d and...

jopre0502

Reversal until fib_0.618. ema_20d served as support. On the upside confirmation awaited that price conquers ema_8d which will then give also positive outlook to go into earnings. On VPVR the price level of EUR 70.50 shows significant volume lately which we want to see in a support/resistance flip before opening a position.

jopre0502

Inverse head and shoulder pattern realised. Magic neck line goes together with magic $ 30 resistance. When overcome with volume and conviction we have a nice breakout. Target zone $35+

jopre0502 Updated 

01/05. After a good swing we are now already in pullback phase testing the fib_0.382 level as support. Still awaiting confirmation by crossing ema_8d and/or oscillators (RSI bounce of 50). Plan: Take Profit: < $50 Entry: latest on $44.22 (fib_0.236). Stop loss: fib_0.382

jopre0502

Potential to breakout over ATH. If with conviction and good trade until 23. When in form of a cup and handle pattern than potential gain 6 USD. For this handle still to be formed.

jopre0502

$NOW marked recently its ATH at $363. Corona crash mid March was lately recovered, however not in a v-shape manner but in a cup shape. The final formation of the cup was supported by earnings with high volume gains. The depth of the cup is $110. The handle is still evolving. Breakout above handle trend line could be regarded as confirmation of the cup 'n' handle...