Altura Partners with Unity: A Promising Future for ALU Altura, a cryptocurrency that recently partnered up with gaming giant Unity, is garnering attention from investors. Technical analysis suggests that ALU is looking bullish in the weekly chart, having broken major resistance levels. This article will delve into the potential of Altura, its entry levels,...
ENTRY: 30.60 SL: 31.85 TP: 28.91 - ADX>20 - RSI>30,RSI<50 - Daily RS -ve - Daily FFI -ve - Weekly RS +ve - Weekly FFI -ve - Price action looks like rejected monthly and yearly CPR. - Breakdown from range with high volume today. Would like the volume to be higher.
ALU slumped hard but there could be another opportunity to buy it. It has closed the gap now but looks like it may consolidate a bit before going higher. It is currently forming a Bull Flag which is a very Bullish sign. My second scenario on this is that it may fall further towards the POC of Volume Profile around $27.00. My second buy zone is between $25.00 and...
ENTRY: 24.88 SL: 27.75 TP1: 23.11 TP2: 19.77 - ADX>20 - RSI<50, RSI>30 - Daily RS -ve - Daily FFI -ve - Daily MACD -ve - Weekly RS -ve - Weekly FFI -ve - Weekly MACD -ve - Breakout from range but prefer higher volume
My Trading Bias for ALU is bullish as it has been coming down hard and has stopped falling right at $28.00 (Support) all the way from $40.00. It is also the Fib retracement level of 78.6%. I think ALU should move higher. TP - $33.00 (potential gain 15%) Stoploss - $27.40 Please note these are my own notes, by no means trading advice. Please do your own research...
ALU has been coming down hard and has stopped falling right at $28.00 (Support 1) all the way from $40.00. If this support somehow breaks, then it might come down and test Trendline Support of $26.00 or even come down to Support 2 level of $24.00. In either scenario, we are very close to Support Zone and should be ready for a turn around in ALU. My target for...
looks very promising, very strong fundamentals, team and Fortune 500 customers. I would rather wait for entry zone between $32.00 - $33.00. P.S: Please note these are my own notes for future reference, by no means trading advise to anyone. Please do your own research before entering into any trade.
Nokia is down nearly 10% in pre-market following it's disappointing margin announcement for it's core business, Nokia Networks. The stock has established a long term double bottom, is in a long term uptrend, and the 23.6% fib retracement level from its 2000 high to its 2012 low is at $16. Nokia need to hold the long term monthly uptrend for a continuation towards...
Watch for: - Touch of resistance of the down trend - Moving averages - 200 was a good support, but others rolled over Note - gap from November 2013 still to be filled so if it goes down, the gap will most probably bi filled. with a bounce of it. Drop target - 3.20 Up Target - 4.50