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200dma

SPCE Time Below 200 Day MAThis chart simply shows the length of time SPCE has spent below the 200 day MA in the past. This may help some of you manage your expectations. It is possible that things have "changed" and as the hype may have reached it's climax, but based on technical analysis we have zero indication at this time that this is true. So far, the uptrend is intact and the price is behaving "normal" as we can see based on historical price action. In the past, we have seen that any buy below the 200 day moving average has been well rewarded, however there is always that chance that this time is different, as with any trend. Please see my related idea below on SPCE showing previous draw downs and gains from the 200 day moving average. Also, please like this post if it helped you in any way - it'll encourage me to post more content.
NYSE:SPCELong
by ttrending
2
EPL ABOVE ALL MAJOR SMAsEPL’s share is trading above all major SMA’S EXCEPT 200 days SMA . FURTHER it is hovering near the resistance level. It has taken the resistance at two important patterns i.e. the channel pattern and between two horizontal lines. However the major volatility with the lower volumes in the last two trading days may stop the price from rising. A positive opening with the higher volumes on the next trading session can be a good indication for price rise. The stock is already trading above 5, 10,15,20,50,100 days SMA AND just short by 5.079 points from its 200 days SMA. Disclaimer: - The view expressed here does not in any sense pursue anyone to trade in the above stock. This is only for knowledge purpose. Person taking position in above stock will be personally responsible for the potential loss and will personally enjoy all the potential rewards.
NSE:EPLLong
by mohitjasuja2
Consolidation areaAUDCHF is in a sort of rectangle, the price seemed to have broken it on 31st of December but, pay attention, the volumes are very low and the rsi has created a DIVERGENCE, so I think that we are having a fake breakout, there are good chances for a drop towards the 200-day moving average (highlighted in green). The trade has a good risk reward ratio: 1:2.67. It could be formewd a bullish shark pattern during next days, so id price action develops the D leg it will reach our take profit. Use a proper money management. I will update you soon! Enjoy your trading!!! Francesco
Short
by Dragon_Investments
XLMUSDT Descending Channel| Volume Influx| 200 EMA| Price ActionEvening Traders, Today’s analysis – XLMUSDT- trading in a defined descending channel that is likely to break bullish, Points to consider, - Price Action Impulsive - Weekly S/R Support (.618 Fibonacci & 200 MA) - Daily S/R Objective - Declining Volume XLMUSDT’s immediate price action is trading in a bearish market structure until proven. This will only come to fruition on a bullish break. The Weekly S/R is current support that is in confluence with the Weekly S/R and .618 Fibonacci. Price Action retracing here is likely to respect the level. The Daily S/R is current objective, breaching this level will likely increase the probability of continuation. Current volume profile has an influx after declining, this is indicative of momentum picking up in the immediate short term. Overall, in my opinion, XLMUSDT is a valid long with defined risk; price action is to be used upon discretion/ management. Hope this analysis helps! Thank you for following my work And remember, “Accepting losses is the most important single investment device to insure safety of capital.” – Gerald M. Loeb ‘’No one strategy is correct all the time’’.- John Paulson
Long
by AzizKhanZamani
6
USDJPY Dynamic Resistance|Structural S/R|200 DMA|Bullish Div| PAEvening Traders, Today’s second analysis – USDJPY- trading at a key Dynamic Resistance where a confirmed break will make the immediate target, Structural S/R. Points to consider, - Price Action Lower Highs - Local S/R Support - Structural S/R Resistance (200 DMA Confluence) - RSI divergence - Stochastics Extended USDJPY’s immediate price action is projecting lower highs; our bias will change once the Dynamic Resistance is breached with confirmed Higher Highs. The Local S/R is immediate support that is likely to hold on first attempt that is if Price Action retraces here. There is a current Bullish Divergence at play showing immediate strength in USDJPY. Current resistance is Structural S/R which is in confluence with the 200 DMA, Price Action is likely to respect this region upon first attempt, and a rejection will confirm a bearish retest. The stochastics is currently over extended, a reversion to its mean in probable if price starts to correct here. Overall in my opinion, USDJPY is a valid long with defined risk; price action is to be used upon discretion/ management of trade. Hope this analysis helps Thank you for following my work! And remember, “If you can learn to create a state of mind that is not affected by the market’s behaviour, the struggle will cease to exist.” – Mark Douglas
Long
by AzizKhanZamani
2
NZDUSD Weekly S/R|200DMA|Broadening Wedge .618 Fib|Bearish PAEvening Traders, Today’s Analysis – NZDUSD- trading in an Ascending Broadening Wedge with bearish price action, a retest of Weekly S/R likely. Points to consider, - Bearish Structure (H&S Pattern) - .618 Fibonacci Resistance - Weekly S/R Support (200DMA Confluence) - RSI Bullish Divergence - Stochastics Buy Cross - Volume Declining The current price action for NZDUSD is bearish representing the psychology of a head and shoulders pattern. The larger formation, the Ascending Broadening Wedge has a higher probability of breaking down. This allows us to have a bearish bias on the market. The immediate price action has a bullish divergence playing out as indicated by the RSI and the buy cross on the Stochastics. Price is likely to respect resistance from the .618 Fibonacci to complete a probable right shoulder. Weekly S/R is current macro support with the 200 DMA in confluence; price is likely to come for a back test ad hold of this level. The volume profile is currently declining, indicative of an influx when key trade locations are tested, especially Weekly S/R levels. Overall, in my opinion, NZDUSD needs further development in price action before any valid short entries. Price action is to be monitored upon discretion when placing trades. Hope this analysis helps Thank you for following my work! And remember, “Dangers of watching every tick are twofold: overtrading and increased chances of prematurely liquidating good positions” – Jack Schwager
Short
by AzizKhanZamani
2
GOOGL Daily S/R|200 MA|Hidden Divergence|Swing High|Price ActionEvening Traders, Second analysis – GOOGL – testing key 200DMA where a bounce into Daily S/R is probable, Points to consider, - Bearish Price Action - 200DMA (Support) - Daily S/R Resistance - RSI Hidden Bullish Divergence - Increasing Volume GOOGL’s immediate Price Action from swing high is bearish where a back test and respect of the Daily S/R will establish a bearish retest. The current 200DMA is supporting price, this is a technical pivot where a bounce is probable. The RSI has a valid hidden bullish divergence, indicative of strength and a potential short term reversal. Current volume profile nodes are increasing; this is expected as price trades at a key technical level. Overall, in my opinion, GOOGL is a valid short-term long into Daily S/R with defined risk. Price action is to be used upon management/ discretion of trade. Hope this analysis helps Thank you for following my work! And remember, “Win, loss whatever emerges in the short-term, place and manage your next trades untouched, unattached... always keeping your eyes on the long-term picture.” ― Yvan Byeajee
NASDAQ:GOOGLLong
by AzizKhanZamani
2
NZDJPY| Range High| Bearish PA| 200 DMAEvening Traders, Analysis on - NZDJPY –any rallies are to be sold into on the daily, technical points to consider. - Range high deviation - Valid bearish retest - Bearish PA - 200 DMA Support Price breaking impulsively from range high is quite bearish; a weak bounce will signify follow through to the downside. Price action is likely to put in a bearish retest, allowing short sellers to step in. The short will only be negated if price takes out recent high. The immediate target is range low; this area is of confluence with the 200 DMA. Hope this analysis helps! Thank you for following my work! And remember, “All statistics have outliers. Money management, therefore, is key to the process of good trading.” ― Yvan Byeajee
Short
by AzizKhanZamani
GBPJPY Bearish Retest| 200DMA| .50 Fibonacci| Support ConfluenceEvening Traders, Today’s analysis – GBPJPY – putting in a bearish retest, price is to test support, the next technical trade location. Points to consider, - Trend bearish retest (Daily S/R) - Support confluence (.50 Fibonacci & 200DMA) - Oscillators diverging - Volume below average GBPJPY has had an initial rejection from its Daily S/R, putting in a bearish retest. This allows us to have a bearish directional bias. The local support area has technical confluence (.50 Fibonacci & 200 DMA); price is likely to respect this area leading into a bounce. Both oscillators are diverging from price (double bearish divergence), this indicates weakness in the market as price struggles to close above Daily S/R. Volume is currently trading below average; an influx is likely to occur at support confluence as this is the next trade location. Overall, in my opinion, any rallies are to be sold into for a short play. Price action is to be used upon management/ discretion of trade. Hope this analysis helps! Thank you for following my work! And remember, “Fear, inherently, is not meant to limit you. Fear is the brain’s way of saying that there is something important for you to overcome.” ― Yvan Byeajee
Short
by AzizKhanZamani
EURNZD Daily S/R | Support Confluence| .618 Fib| 200 DMA Evening Traders, Today’s analysis – EURNZD- deviating from local swing high, daily S/R is the next trade location with technical confluence. Points to consider, - Consecutive HH’s and HL’s (bullish) - Swing high resistance (respected) - Daily S/R confluence (.618 Fib & 200DMA) - Oscillators below 50 mid-point - Oversold bounce continuation The macro trend for EURZND is considered bullish with consecutive higher lows and higher highs. Price action respected swing high, now trading towards daily S/R. This area has strong technical confluence with the .618 Fibonacci and the 200 DMA. Price has a higher probability of bouncing here. Both oscillators are below 50, not officially overextended. Oversold conditions will coincide with price testing daily S/R, leading to a probable oversold bounce continuation. Overall, in my opinion, EURNZD, respecting daily S/R will allow for a valid long. Price action is to be used upon discretion/ management of trade. What are your thoughts? Thank you for following my work! And remember, “Trading effectively is about assessing probabilities, not certainties.” ― Yvan Byeajee
Long
by AzizKhanZamani
XRPBTC Range Support|S/R Flip|200 DMA|Volume Influx| Swing Low Evening Traders, Today’s analysis – XRPBTC- impulse break back into structure with the immediate target being range resistance. Points to consider, - Swing low failure (local trend change) - Range support confluence (.50 Fibonacci & 200 DMA) - Range resistance target - Oscillators diverting to neutral - Clear Volume influx (temporary top) XRPBTC’s immediate trend has a bullish bias as it has confirmed a swing lower failure pattern with an impulse move up, higher targets probable. The range support has multiple technical confluences, the 200 DMA and the .50 Fibonacci. This area is highly probable to be respected upon an S/R flip retest. Range resistance is the local target, breaching this key technical level will change the macro trend, establishing a higher high. Both oscillators are diverting with a valid volume influx node present, this indicates a temporary top being in as price trades in a corrective manner. Overall, in my opinion, XRPBTC is heading for an S/R flip retest of range support. This will allow for a valid long with defined risk. Price action is to be used upon discretion/ management of the trade. What are your thoughts? Thank you for following my work! And remember, “Why do you think unsuccessful traders are obsessed with market analysis? They crave the sense of certainty that analysis appears to give them. Although few would admit it, the truth is that the typical trader wants to be right on every single trade. He is desperately trying to create certainty where it just doesn’t exist.” – Mark Douglas
Long
by AzizKhanZamani
2
Bitcoin already above 200 Day MA on CME FuturesThe 200 Day Moving Average is a significant level for all assets and certainly for Bitcoin. The main event for Bitcoin currently is a test of the 200 Day Moving Average resistance which it is currently under. However on the CME Futures chart BTC is already above its 200 Day MA. We can see from these charts that this Moving Average bears significance on the Coinbase chart, however it also has signficance on the CME Futures chart where it cuts a very different path. There have been seven significant touch points in the last three months on the CME chart (shown here by the yellow arrows). Not only has BTC passed the 200 Day MA on the CME chart already, it also retested it yesterday. In summary, getting over the 200 Day Moving Average is a significant moment for any asset. The fact it's already happened on the CME suggests BTC could be even more bullish.
COINBASE:BTCUSDLong
by mastaplan
$SPWR On The Comeback Trail$SPWR is due for a rebound and after topping Q3 earnings, we believe the recovery is just starting. After the RSI got just below 30, $SPWR has been oversold and due for a bounce. Key to watch is the 200 dma of $9.20 a share. Here are the highlights from Q3: SunPower (NASDAQ:SPWR): Q3 Non-GAAP EPS of $0.07 beats by $0.05; GAAP EPS of -$0.11 beats by $0.16. Revenue of $499.7M (+12.7% Y/Y) beats by $24.41M. SunPower (NASDAQ:SPWR) traded higher after-hours following better than expected Q3 earnings and revenues on strength in U.S. and international distributed generation markets. Q3 adjusted EBITDA climbed to $42M from $8M in Q2 and $6.7M in the year-ago quarter. SPWR says it achieved record residential and new homes bookings in Q3, with strong traction in California ahead of the 2020 new home solar mandate, and record shipments into international DG markets. The company says it is tracking to a Q4 agreement on a potential investment to expand Maxeon 5 production. SPWR expects Q4 revenues of $520M-$720M, in line with $631M analyst consensus; gross margin of 16%-19%; adjusted EBITDA of $74M-$94M; and MW deployed of 445-645 MW. For the full year, SPWR maintains adjusted EBITDA guidance of $100M-$120M. As always, trade with caution and use protective stops. Good luck to all!
SLong
by InsiderFinancial
The Worst Looks To Be Over For $MAT$MAT is trading higher after delivering strong Q3 earnings and putting its accounting issue behind it. Here are the highlights from Q3: Dolls sales were up 5% during the quarter off a double-digit jump in the Barbie business, while the vehicles category saw a 13% gain off a stellar quarter for Hot Wheels. The company's adjusted gross margin rate improved 390 bps to 46.9% of sales to smash the consensus estimate of 42.6%. Mattel (NASDAQ:MAT): Q3 Non-GAAP EPS of $0.26 beats by $0.07; GAAP EPS of $0.20 beats by $0.02. Revenue of $1.48B (+2.8% Y/Y) beats by $40M. On the accounting issue: The positive news from Mattel is that the accounting investigation didn't find any fraud and the company is now free to go back to the debt market. During the earnings call, Mattel stated that it intends to refinance $250M worth of senior notes in a move that should lower costs. As always, trade with caution and use protective stops. Good luck to all!
NASDAQ:MATLong
by InsiderFinancial
1