Bristol-Myers Squibb Co - 30d expiry - We look to Sell a break of 65.18 (stop at 67.68)
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
65.95 has been pivotal.
A break of the recent low at 65.28 should result in a further move lower.
Price action is forming a bearish flag which has a bias to break to the...
Ethereum - 16h expiry - We look to Buy a break of 1857 (stop at 1807)
Our short term bias remains positive.
1843 has been pivotal.
A break of the recent high at 1843 should result in a further move higher.
Our outlook is bullish.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 1977 and 1997
Resistance:...
Price is approaching a key support level, it could bounce and we could see the momentum carry price up to its take profit target.
Entry: 26.73
Why we like it:
There is an overlap support
Stop Loss: 26.00
Why we like it:
There is an intermediate overlap support
Take Profit: 32.61
Why we like it:
There is an overlap resistance and a 23.6% Fibonacci...
Price is approaching a key support level, it could bounce and we could see the momentum carry price up to its take profit target.
Entry: 0.90884
Why we like it:
There is an overlap support
Stop Loss: 0.89284
Why we like it:
There is an intermediate support
Take Profit: 0.93214
Why we like it:
There is an overlap resistance and a 23.6% Fibonacci...
Price is approaching a key support level, it could bounce and we could see the momentum carry price up to its take profit target.
Entry: 87.307
Why we like it:
There is an overlap support
Stop Loss: 86.254
Why we like it:
There is an intermediate support
Take Profit: 93.108
Why we like it:
There is an overlap resistance and a 50.0% Fibonacci retracement
Please...
Price is moving towards our buy entry level, we could see the momentum carry price up to its take profit target.
Entry: 1.09138
Why we like it:
There is a potential breakout
Stop Loss: 1.08020
Why we like it:
There is an overlap support just below the 23.6% Fibonacci retracement
Take Profit: 1.10328
Why we like it:
There is a swing high resistance
Please be...
NZDUSD - 18h expiry - We look to Buy at 0.6145 (stop at 0.6083)
Previous support located at 0.6200.
Previous resistance located at 0.6250.
The trend of higher lows is located at 0.6100. Further upside is expected.
Risk/Reward would be poor to call a buy from current levels.
A move through 0.6250 will confirm the bullish momentum.
Our profit targets will be...
Broadcom - 30d expiry - We look to Buy at 601.11 (stop at 579.11)
Price action continues to trade around the all-time highs.
Daily signals are bullish.
There is no clear indication that the upward move is coming to an end.
We look to buy dips.
50 1day EMA is at 600.11.
A lower correction is expected.
Bespoke support is located at 600.
This stock has seen...
Litecoin - 16h expiry - We look to Buy at 78.71 (stop at 75.71)
Price continues to trade within the triangle formation.
Trend line support is located at 78.70.
We look to buy dips.
Expect trading to remain mixed and volatile.
Daily momentum has stalled and our bias is neutral.
Our profit targets will be 85.91 and 86.91
Resistance: 82.00 / 83.28 /...
Price could potentially reverse off a key resistance level, we could see the momentum carry price down to its take profit target.
Entry: 1.08151
Why we like it:
There is overlap resistance level
Stop Loss: 1.10328
Why we like it:
There is a swing high resistance
Take Profit: 1.04818
Why we like it:
There is an overlap support that aligns with the 38.2%...
Price could potentially reverse off a key resistance level, we could see the momentum carry price down to its take profit target.
Entry: 4046.40
Why we like it:
There is an overlap resistance
Stop Loss: 4155.75
Why we like it:
There is an overlap resistance
Take Profit: 3916.25
Why we like it:
There is an overlap support level that aligns with the 38.2%...
Price could potentially reverse off a key resistance level, we could see the momentum carry price down to its take profit target.
Entry: 1.24439
Why we like it:
There is an overlap resistance
Stop Loss: 1.26735
Why we like it:
There is an overlap resistance
Take Profit: 1.16386
Why we like it:
Take profit level aligns with 38.2% Fibonacci retracement
Please be...
Potential reversal off an overlap support, we could see the momentum carry price up to its take profit target.
Entry: 101.297
Why we like it:
There is an overlap support
Stop Loss: 99.818
Why we like it:
There is an intermediate support
Take Profit: 105.810
Why we like it:
There is an overlap resistance close to the 38.2% Fibonacci retracement
Please be...
Bitcoin - 24h expiry - We look to Sell a break of 27098 (stop at 27981)
We are trading at overbought extremes.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Trading within a Bullish Channel formation.
A break of the recent low at 27206 should result in a further move lower.
A higher correction is...
NZDJPY - 24h expiry - We look to Buy at 81.50 (stop at 80.95)
Previous support located at 81.40.
Previous resistance located at 82.00.
Price action has stalled at good support levels and currently trades just above here (81.40).
Price action looks to be forming a bottom.
Risk/Reward would be poor to call a buy from current levels.
A move through 82.00 will...
Morgan Stanley - 30d expiry - We look to Sell a break of 83.18 (stop at 86.32)
Short term bias has turned negative.
There is no indication that the selloff is coming to an end.
This stock fell 6.5 % last week.
A break of the recent low at 83.28 should result in a further move lower.
Short term MACD has turned negative.
Our profit targets will be 75.33 and...
Price has bounced off the 23.6% Fibonacci retracement, we could see the momentum carry price up to its take profit target.
Entry: 14,872.48
Why we like it:
There is a 61.8% Fibonacci retracement and a swing low support
Stop Loss: 14,442.76
Why we like it:
Swing low support
Take Profit: 15,718.21
Why we like it:
There is an overlap resistance
Please be advised...
Profit taking in gold together with rising U.S. 10Y bond yields could see momentum carry price down to its take profit target.
Entry: 1,974.780
Why we like it:
Breakout at the low of the day on 21st March
Stop Loss: 1,998.234
Why we like it:
There is an overlap resistance
Take Profit: 1,918.426
Why we like it:
There is a 23.6% Fibonacci retracement
Please be...
