52weekhighs
BIOCON - RANGE BREAKOUTBIOCON has seen a range breakout in yesterday's session and today we are also seeing follow through and sustaining above 390 levels can take stock to 413, 435 and 450 levels.
Any dip in the stock ,can be a good opportunity to enter the stock.
Note :Higher time frame are also in alignment with this trade -setup
Do not follow blindly, please do your own research.
Adobe - AB=CD pattern - short - 52 week high - OBAdobe looks in great shape to short on the 4 hour (or daily chart) - just wait for a solid and simple entry reason as all the confirmations (so far) for a good short are apparent.
As always I wish you success, happiness & good luck!
Comments always welcome.
alibaba reaches 52 week high - short now or buy the dipAs Alibaba [BABA}, (currently in an uptrend), enters its 52 week high, and RSI & MACD are overbought, the time could be right to either:
A) buy the dip at support (aggressive trade) or at resistance (a more accommodating trade) at the levels shown.
or
B) for those most adventurous - an aggressive short is likely to 193 (approx) then wait to buy back the dip either from resistance at 191.74 - 193.56 or from the support level at 164.28 - 166.72 (which seems most likely).
Of course you could wait for an entry reason to continue the uptrend. However, always the aggressor, I would choose option (B).
As always enjoy the day, have successs & good luck!
Comments always welcome.
Looking for a short CCL is at its 52 week high, its been 3 days of green without any pull pack on the daily, looking for a short between $11.62 and $11.23 range.
DCGD New Highs - What's The Next Catalyst?Justin has been busy getting appointed to other companies like MCTC and IGNG . Meanwhile, DCGD has added to its advisory board. But what comes next? New highs again today. Will there be a capital raise at any point? Interested to see the next quarterly filings.
From Money Making Penny Stocks: One Is Up Over 21,000% This Quarter
"This Has Been One Of The Best Penny Stocks of 2019 And PennyStocks.com Was All Over It! Back in July was when it first caught out attention. At the time, DCGD stock was trading around $0.07. A few days prior to that it was trading at $0.01. This week, DCGD broke the $2.15 mark. That makes a run of more than 21,000% from $0.01. And it wasn’t like the move was made on tiny trading volume either."
Good points across the board in that piece .
No one shorts Mdb and lives to tell it's tale.lol, honestly, I don't even dare to short mdb.
However if i were to start a position, it would be at $150 because the latest analyst pt was around $150s, and the RSi is just so high already, it's gotta reset a bit.
But if there's one stock that doesn't give a shit about the market condition, or spy. that would be MDB.
Literally the only stock to be buying the fucking dip.
Short at $150.
stoploss $151
take profit $147.
Short NEA Due to oversea market gaining higher last night the ASX 200 should be opening higher off its bounce. However with Nearmap it has formed a bearish engulfing near the RES and its near 52 week high as well. Looking to short 1260, near the 13 ema.
Facebook $FB Bullish breakout into earningsThe bullish DailyPlay we chose for Tuesday, July 10th is Facebook (FB). FB is part of the Technology Sector (XLK). Over the last month, XLK has experienced a 0.21% move lower but its 1m/6m trend has turned bullish yesterday while breaking above its $70 resistance level which now becomes support.
Facebook's 1m and 6m trends turned bullish on 7/5 and recently bounced higher off its $190 support level. With a technical score of 8 (out of 10), FB is a strong bullish stock that will likely continue higher.
View this Trade Idea on FB - app.optionsplay.com
As a stop loss, if FB was to trade below $200 for multiple days, this would invalidate our analysis and suggest getting out of the trade.
Trend continuation- Watching for breakout fanh has been really strong 360% above its 52 week low and less than half a percent below 52 week high. Held up really well with market noise recently and Lots of positive volume accumulation. Also made another convincing new high on big volume on the 26th indicating this could want more . Buy stop just above yesterdays high targeting $36-37
Falling wedge bouncing off support levelViking therapeutics has been another big performer which i have been keeping an eye on. I'm not sure about the trend continuing on from here but this does represent a nice swing trade falling wedge back in to support with some nice wicks on those hammers showing us some strong buying pressure at that level. If this moves i will look to play it back around the highs for a possible 20%.
Falling wedge bouncing off support Viking therapeutics has been another big performer which i have been keeping an eye on. I'm not sure about the trend continuing on from here but this does represent a nice swing trade falling wedge back in to support with some nice wicks on those hammers showing us some strong buying pressure at that level. If this moves i will look to play it back around the highs for a possible 20%.
SPIC Medium term Positional CallSouthern Petrochemicals Industries Corporation Limited : Trading technical call for Medium Term
NSE »SPIC & BSE »590030
CMP: 48.7, Closing based SL 42.9, Targets 54 55.5 57
Technicals:
* All time high and Close breakout
* Weekly pole and Flag Pattern Breakout
* Volume Breakout
* Swing high breakout
Discliamer: All levels are for Educational Purpose Only.
Tata Metalicks Medium Term positional CallTata Metaliks Limited Trading technical call for medium term
NSE: TATAMETALI
CMP: 884, Closing based SL 829, Targets: 920 945 959
Technicals:
* All time high and Close breakout
* Consolidation Breakout
* Trend Line Resistance Breakout
* Volume Breakout
* Swing high breakout
* Good Fundamentals
Discliamer: All levels are for Educational Purpose Only.