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50dayma

$CI looking to break out of its ~14month cup and handle!Notes: * Very strong up trend on all time frames * Great earnings track record * Pays out dividends * Forming a cup and handle over the past ~14 months * Bouncing off of its 50 day line with very bullish price action and volume Technicals: Sector: Healthcare - Healthcare Plans Relative Strength vs. Sector: 2.7 Relative Strength vs. SP500: 1.65 U/D Ratio: 1.15 Base Depth: 43.95% Distance from breakout buy point: -2.77% Volume 2.78% above its 15 day avg. Trade Idea: * You can enter now as the price is just bouncing off of it 50 day line with volume * If you want a better entry you can look for one around the 262.8 area * This stock usually has local tops when the price closes around 9.64% above its 50 EMA * Consider selling into strength if the price closes 9.44% to 9.84% (or higher) above its 50 EMA * The last closing price is 3.14% away from its 50 EMA
NYSE:CILong
by HaseebKhan_90
$DLTR ready to push higher?Notes: * Very strong up trend in all time frames * Great earnings * Building a base on base pattern * Coming up off of its 50 day line with volume Technicals: Sector: Consumer Defensive - Discount Stores Relative Strength vs. Sector: 2.53 Relative Strength vs. SP500: 1.45 U/D Ratio: 1.12 Base Depth: 36.34% Distance from breakout buy point: -5.45% Volume 48.18% above its 15 day avg. Trade Idea: * You can enter now as the price is just coming off of its 50 day line with higher than average volume * If you're looking for a better entry you can look around the 162.13 area or around the 163.8 area * This stock usually has local tops when the price closes around 15.72% above its 50 EMA * Consider selling into strength if the price closes 15.52% to 15.92% (or higher) above its 50 EMA * The last closing price is 5.82% away from its 50 EMA
NASDAQ:DLTRLong
by HaseebKhan_90
buy ivchey guys after a long time @IVC stock has shown signs of recovery this stock is in a long downtrend and is bearing resistance from 20 day ema and 50 day ema as you can see in the above post this stock was following a pattern and after a short period of time it has taken support on the above resistance ice has also taken support on the 50 day ema and due to this signs of recovery you can bet on this stock and earn high returns pls comment if u liked my analysis 😀😀
ILong
by TRADERS_AREA
Always wait for confirmation, I'm whatching the NASDAQ $IXICThat's what I have been doing for the last few weeks. I sold almost all my positions and I'm mostly in cash now. I can see the Nasdaq TVC:IXIC is forming a second base in the bull market that began in April of 2020. History can tell that this is just another rest before the next bull run in the long term trend. This base is very similar at the last one formed from September to November os 2020. Right now I'm cautios as I look for leaders. Last week tested its 50 day moving average and it held, today history repeats so I'm still waiting for better conditions before I get agressive. I'm being very selective looking for good relative strength to add stocks in my watchlist. Right now I have NYSE:DAR , NASDAQ:CBNK and NYSE:YETI to name a few.
TVC:IXIC
by dpuleo19
Bearish Trend The loonie is inside a bearish strong trend, we can clearly see it in bigger timeframes such as weekly and daily, now let s analyze the h4 chart: the price is capped by the 200 sma and is in the Supply zone (the orange rectangle), this zone is really strong because we see that it worked perfectly several times, in addition the stochastic has created the so-called Hidden divergence that shoudl push down the price, I will keep a bearish view until the bearish trendline and the moving average will not be broken and I expect the pair to go don to make new lows. Fundamentally we can notice that in last months oil prices went up and they are highly correlated with the value of the Canadian dollar wich is one of the main exporters, in addition yesterday Deputy governor Toni Gravelle highlighted that the reduction of monthly asset purchases is coming, and traders are now speculating that it could as early as April 2021. Gravelle stipulated that the process would be slow with gradual reductions in purchases in provincial debt, corporate debt and the main government bond programs. This tapering is likely to appreciate the value of the CAD, besides the Federal reserve will keep on suppporting the economy and the dollar will be under pressure again due to the fact that in the second part of the year the Inflation will not grow as high as expected previusly.
Short
by Dragon_Investments
YFI - I Yearn For Gains!! Full disclosure, I bought YFI at $42,900... and am desperately needing a recovery. So I *might* have a slight bias towards seeing a push here... BUT... regardless... I think there are some strong bullish signs in the coming week for YFI. Lots called out in the graph above so some additional thoughts below to supplement the graph: There have been other points where a touch on the 50 day sends the price to the upper resistance line The Stochastic RSI isn't perfect... and the patterns are not exactly the same... but given it's in the same spot as the last big push... there's gas in the tank at it's current position. There *could* be a possible W forming - we could be at the second touch of the double bottom right now (big speculation there...) Price is currently respecting gan fan channel - could jump back to median (dotted line) for this next push Lot's of speculation all around, but I'm hopeful!
KRAKEN:YFIUSD
by worldlyTacos81375
DCA zone for AAVE This is another crypto that I think has some legs on it. $4 B mkt cap is not large, but not small. I could see it near $1000 in the foreseeable future. This projection is based on some patterns I've been noticing in a lot of charts, so I really want to see if it plays out that way as part of my chart studies. There's nothing technical in the chart that gives merit to the exact pattern I've drawn. I enjoy making my calls before confirmation, just for sport. The current correction isn't very deep so maybe it could drop further. Not a scalp trade imo. This is a nice place to DCA because it is riding the 50 day EMA. Decent longterm entry.
Long
by RickSmash
1
BTCUSD: Same Fakeout As Same FractalThis fractal extrapolation comes from the September to November 2019 consildation, fake-out, pump and subsequent dump, not so long ago. The fakeout nature of the low is reminiscent of the October 25th pump to $8,800 from the fake-out to the low $7,300 area. Not only do we see the mid-term $7,800 support turn into resistance, but also how the 100 & 200 Day MAs acted as strong resistance to this upwards move. Similarly, the bounces came after the period of oversold conditions (highlighted in red), followed by finding "algorithmic" support from 30 (in green). Therefore, the target for the (not proportionate) fractal to the upside is $7,650 and to the downside $5,800 support. The key levels to watch are therefore the same as before: 200 Day MA: $9,350 (flat, neutral) 100 Day MA: $8,300 - $8,050 (declining, bearish) 50 Day MA: $9,795 - $7,800 (declining, bearish) Related TA: Could This Descending Triangle Be The Final Fake Out? Zooming Into The Weekly Chart Doesn't Look Good Extrapolating 2014 Correction - Could $6,500 Be The Low? Two & Four Year MA's Claim It's Time To Accumulate
BNC:BLX
by dragononcrypto