GHX begining of a nice friendship?After 125% run-up, this nice mover formed ascending triangle. The next big resistance (former support) is 70% up from here, so it could be worth watching this one. It's not unusual these days to see break down from it, a retest of one of lower support levels, and then shoot up from it. So keep watching this one even if it breaks down, could be just temporary. That's 200sma is not so far down, so it shouldn't go down much... Good luck traders
200smabounce
AIZ - Pushing HigherAIZ has provided a great buying opportunity after the recent pullback. Price got supported and bounced off the 200 SMA and the POC of Volume Profile, and has broken the Bearish Trendline with High Volume. The MACD is also Bullish which indicates that the upswing in AIZ shall continue. I will be targeting the recent highs as take profit.
TP2 - $1.740
TP2 - $1.855
Stoploss - $1.380
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
Nice bounce here - 4hrKNDI just bounced off of the 200 SMA. Sitting at the 40 on the RSI and looks undervalued on MACD.
All good signs for me.
Took an entrance at $8.01 with a SL at $7.5
Will add more when we VWAP (red) converts to support.
Comfortable with my risk and will be watching this daily for the rest of the week.
Also bought the $10 call for 1/15
*These are my own thoughts and price predictions based on my own technical analysis*
YOUR MONEY IS YOUR RESPONSIBILITY
Would love to hear your thoughts and opinions on this as well!