Gold H4 - Long SetupGOLD H4 - Huge dump at the trendline resistance, dumped circa 200 pips down to the next S/R zone, could be a region where we start to gear up for a second attempt to break the descending structure/resistance.
A-shares
BABA, What can happen?The price didn't break the Support/Resistance Zone and can start rising from this place.
The condition to open buy: the daily candle touches the zone with huge ATR.
But, if it will approach slowly we should wait for the breaking and Sell signal.
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Amazon and other stocks ready to dropI think we are ready to drop.
Amazon and other stocks such as Tesla, Lime, Xiaomi are ready to correct.
Perfect time, a little sooner than the expected Corona problems which will come in October and the US elections which will cause uncertainty.
USD will rise in price as well. Interesting times!
Maruti - Short Term Buy - 07 Sep 2020As market has opened up and vehicle purchase has increased month on month from its regular lows. People with high risk appetite can enter @7414 others wait for the price movement above 7880 and post which if we get confirmation we can have a target 1 @8522 and 2nd Target @ 9450.
As always please do your own research before even planing to invest.
FUMB, A huuuuuge accumulation!Check this! So long accumulation under the Resistance level.
Technically if the price will cross this level we can get a great trade with a risk/reward ratio more then 1:5.
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ASTON MARTIN - REVERSAL ZONE? LONG-TERM INVESTMENT OPPORTUNITYAston Martin has been on a steep and vigorous decline since its IPO. Could Aston Martin turn things around from here and start reversing from current prices?
Aston Martin has recently announced involvement in F1 with Racing Point rebranded as Aston Martin. This could help in turning things around. Billionaire Lawrence Stroll has clear intentions to do so and has invested into the company with a £260mil injection. Toto Wolff, Mercedes F1 team-principal has also bought a stake in Aston Martin. This indicates a large force and urgency to turn the Aston Martin brand around, stabilise the business and clean the balance sheet.
With the share price being significantly devalued and oversold and the falling wedge breakout, it could be an opportunity to invest long and short-term. Short-term in the sense that the stock is highly volatile meaning returns (and losses) are seen much quicker.
However, as the business model and balance sheet, as of now, is very unappealing, unstable and risky, the clear down-trend might still be in play and the current equilibrium triangle pattern maybe a consolidation phase before breaking lower in continuation.
4 things can happen here:
Equilibrium breakout upwards and a reversal
Equilibrium breakout downwards and a continuation
Equilibrium breakout downwards and a double bottom
Delayed Range-bound consolidation sideways
VERDICT: The trades/investments above should be played in accordance with your style and risk-tolerance since, given the volatility of this stock, there is high risk. Since the chart is in a clear down-trend, the balance sheet isn't yet appealing and macro-economic factors such as covid, bull calls are more risky than bear so do your own due diligence and manage risk appropriately.
STELLUS CAPITAL, A very accurate Resistance!Take a look at this accurate Resistance level.
If the price will cross it you can trade long.
Possibly it can happen with an impulse movement so it's better to set alerts to be ready.
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Before to trade my ideas make your own analysis.
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TSLA - finally we have reached the top?1h chart looks super selly!
Let's keep an eye on TSLA chart.
Happy trading!
Gold to dropGold will look to retest around the 1970 mark before turning into a sell. Prices could drop to the 1800 mark by the end of August.
I've also went in for a short term buy with my TP at 1968.
- MMQ
XRP Short Before The Long!A nice double setup. Short down to the major trend line retest then a long from the pocket highlighted! Goodluck, lets goo
LYC Bullish move above 2020 highLYC broke it's bull flag patter at end of July and is now set to break it's 2020 high and then the chase is on for the 52 week high ($2.95) with the 1st profit target being the Fibonacci level of 0.786 which is a $2.73 share price. Recent supporting bullish activity on the chart is the golden 50 and 200 moving average cross occurring. Add to this that rare earths sector which LYC operate in is currently in flavour as well. My opinion is bullish on this with a 1st proft target of $2.73 before some consolidation and a run towards the 52 week. This is only my opinion and you should always do your own research before investing.
Is this Hikma's cue for a break out?Will Hikma break out after a 5 year H&S pattern,
now that it's making progress in the Covid-19 vaccine business?
Nomad foods breaks outClear blue water now for the upside after clearing resistance originally established in August 2015? Wait and see.
Nomad Foods - Breakout or form another shoulder?Will Nomad breakout or form another shoulder to match the other side? Time always tells.
ARTCThe stock rejected of the resistance and 200 EMA line it needs confirmation to retest the upper top, it might be false breakout so be-careful be sure of the points then enter.
EURGBP H4 - Short SetupEURGBP H4 - Big reactions at these supply zones recently. Could form a double top for a 4th rejection before selling off. Little more upside gains before melting. Covered this in the video analysis. Obviously be aware of comments from Barnier later today, could swing this a little bit.
EURAUD H4 - Sell SetupEURAUD H4 - Corrections now being seen on AUD and NZD. Fibs acting as resistance here on EA, looking to find resistance almost around current price, or around our final 618 trading zone.
B&M breaking out slowly395 resistance from Feb 2018 has now been broken although the breakout is slow so far.
USDCAD H4 - Short SetupUSDCAD H4 - Looking like support is threatening a breakout. Ideally want to see a pullback to 1.35 after breaking support to see if we can jump in with shorts. Just need to be mindful of fib pullbacks for when we look to set a new LH, because this could end up in the 1.35500 region based on the sequence so far.
Is Virgin Galactic lifting off?Even space travel was affected by Covid-19, but now it seems Virgin Galactic might head for the stars. DYOR
EURJPY H4 - Long Trade SetupEURJPY H4 - Adjusted the order details on this one and moved it across, we bounced nicely from 121.850 up to 122.500, so a solid 65 pips and 1 to 2.6R, but failed to break the resistance/double top. Still have a nice bullish flag trading above the S/R zone of 121.800, so as long as we are trading above this zone, we are bullish. Just need to break previous highs and flag pattern resistance of 122.500.
