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Athbreakout

US30 - Seasonality push towards ATHSince the ATH of the Dow and other indices were created, we've seen a major sell off, at around -10%, not making it a BOS towards a bear market which would have to be at around -20% or so. From that up until now, price action has been following the seasonality charts pretty on par. Based on technical analysis (look markups), seasonality, and other confluence, we can anticipate the market to give us a rally higher more towards the ATH closing out February. Clear upside targets of liquidity in the form of retail positions, institutional positions, and imbalances, so all in all, looking for the BOS towards the upside so we can catch the clean, low risk, high reward re-test entries. With a lot of news in this week as well, we can definitely anticipate a lot of market manipulation for the institutions to close out positions making aggressive moves. Looking at the confluence and confirmation checklist, we have: Daily direction - Ranging higher with higher highs and higher lows Structure - still looking bullish on the 4h, lots of liquidity grabs and meaningful mitigations that have been filled towards the downside, using the news as an excuse. Still looking for upside targets. The indices are currently correlating with each other, all giving a hidden bullish divergence with price combined with the RSI on the 4 hr, which is something to keep in mind. Entries - Using the lower time frames 1h - 1m for order flow, we can get the best possible entries with low risk high rewards, ranging from possible 5:1 - 20:1. CONFIRMATION CHECKLIST TO ALIGN YOURSELF WITH SMART MONEY: 1. Awareness & intention 2. Structure / Wyckoff 3. Liquidity (Retail money 🐑) 4. Institutional Positions (🐳🐳🐳) 5. Imbalance 6. Break of Structure 7. Mitigation (Zone of interest 🔫) 8. Divergence (Correlations) Good trading, Jørgen - Topearnertrading
OANDA:US30USDLong
by topearnertrading
Sunteck realty positional viewThe stock of Sunteck realty has recently given strong breakout from its ATH levels of around 535. It has given a retest of the breakout level and currently consolidating from past few days. We can see a fresh upmove above 590-595 levels.Also, stock can be accumalated at current price and added on dips upto 535 as Realty sector is expected to perform good in the next 2-3 years This is just for educational purposes and my personal view based on technical analysis.
NSE:SUNTECKLong
by chartistamey
Splitting the ATOM (Long-term Analysis)ATOM has been performing well despite the rocky road BTC is paving. In its previous breakout, ATOM formed a cup & handle pattern which resulted in a strong breakout. It looks like ATOM is performing a similar pattern which began at the end of Oct 2021. - It dropped from a high; - It paused when it dropped from the high which rounded the bottom of the cup; - It is re-testing the high at the beginning of the cup; and - The volume on the right side of the cup is on average lower than on the left A small retrace in price can occur to either the 78.6 or 61.8 levels followed by a breakout to complete this bullish pattern. In the event of a strong breakout ATOM could make its way to the 161.8 fib forming a new ATH. On the other hand, ATOM could do what NEAR token is doing and simply keep moving up and breaking its resistances with ease. Never buy at an ATH. Which scenario do you think is most likely? Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only :) Please feel free to leave your comments, questions and thoughts below!
Long
by kush23456
Fantom FTM Usdt breakout and retest of the all time highmessage me for any questions, here i am using ichimoku, concencio moving averages and the resistance of the ath where i believe there is space for the price to move freely into and retest the All time high here. we may also see a break out from the all time high having looked at the weekly chart, FTM hasnt really been affected by this downturn too much in the market and still is bullish printing a no, 1,2 and now 3 bullish candle (on the weekly Tom demark sequential) My game plan here is to see a no8 print close to the resistance of the ath, take some profit, leave the rest, use trailling stop and wait for a break of the ATH.
FLong
by cryptouk
9
Triple Top Incoming?Projection IF Three Drives leads to a Top, a breakout above ATH. Pure guess, a worst case scenario for the shorts. Insane rallies happen in endgame. NOT saying this WILL happen; just that it certainly COULD, a blowoff ultimate ATH might be the last charge of the Great Bull, running since 2010. 2022 will certainly be challenging for equities IMO, all future growth is already discounted for thirty years, lol. Buffet indicator at an ATH, PE near 30. Divergence in volume, small caps, AD, market internals getting soft even as the price rises... a parabolic blowoff may be imminent. Although markets appear to have formed an H&S pattern, notably this can rarely lead to a continuation; on same page read Triple Tops as Variation of H&S, rare patterns: ref, J Murphy, "Head and shoulders as a consolidation pattern: p. 115: cdn.preterhuman.net
TVC:SPX
by DaddySawbucks
17
F ATH Break Weekly Options PlayDescription F has chopped around in this congestion pattern, a Rectangle, for 31 days following it's ATH run-up after the break on 28OCT. The Rectangle carries the same price implications as the Symmetrical Triangle, representing an equal balance between buyers and sellers, until one side eventually wins out and pushes the price beyond the upper or lower boundary indicating a shift in supply & demand. This particular rectangle is confined in a very tight range, slightly broadening and displays descending volume throughout (good indication of proper congestion pattern). Although the broadening is characteristic of the current market environment, this weakens the general technical strength of the pattern. Using Long Calls to maintain a positive vega. Long Call Levels on Chart SL < 20.5 PT : No price target set for the ATH , looking for a sharp move. The entry is a daily close over 20.5 . *Stops based off underlying stock price, not mark to market loss The Trade BUY 12/31 21C R/R & Breakevens vary on fill. Manage Risk Only invest what you are willing to lose
NYSE:FLong
by BarnardR
2
Do We Short Yet?!?NO!! It's gone Ape-S**TT!!! Melting Up; Short here = Suicide. Could get a Measured MOVE from the Breakout point 4593; +249 push to 4842?!? Watch these Indicators for a pivot. Near-term Short entry for a technical pullback at WT crossover when RSI overbought and a 5-wave EW in RSI appears; NOT before! Do not hold this short for long term, purely a day trade from Nov ATH price pushback, roll into longs when WT signals! Expect Strong R at the ATH 4744; then moving higher to new ATH: likely get firm pushback after an exhaustion gap appears; perhaps 12/08 the way it moves will arrive in a few hours, fgs, FOMC dovish position could spark final ATH move. This is not investment advice! Estimates given are not guaranteed to be valid projections, trade at your own risk and with great care!! GLTA!!
SP:SPXLong
by DaddySawbucks
11
$SCYX entry PT 6-6.71 Long term PT 18 and higherScynexis to Initiate a Phase 3 Study of Oral Ibrexafungerp as a Step-Down Treatment for Invasive Candidiasis Following Meeting With FDA SCYNEXIS, Inc., a biotechnology company, delivers therapies for the treatment fungal infections in the United States. It is developing its lead product candidate, ibrexafungerp, as a novel oral and intravenous drug for the treatment of various fungal infections, including vulvovaginal candidiasis, invasive aspergillosis, invasive candidiasis, and refractory invasive fungal infections. The company develops ibrexafungerp, which has completed Phase II clinical trials for the treatment of vulvovaginal candidiasis. It has research collaborations with Merck Sharp & Dohme Corp., Hansoh (Shanghai) Health Technology Co., Ltd., Jiangsu Hansoh Pharmaceutical Group Company Limited, and R-Pharm, CJSC to develop and commercialize rights for ibrexafungerp. The company was formerly known as SCYNEXIS Chemistry & Automation, Inc. and changed its name to SCYNEXIS, Inc. in June 2002. SCYNEXIS, Inc. was incorporated in 1999 and is headquartered in Jersey City, New Jersey.
NASDAQ:SCYXLong
by BADQOMOCAWGOWLD
GM ATH Break Weekly Options PlayDescription Been watching these fans lines play out in accordance with the Fan Principle in general technical analysis, but did not want to enter a position off of them. Now, off of the third fan break and and ATH break, it seems that the principle has held true, and signaled an end to the intermediate corrective trend. The break and close over ATH signals a supply exhaustion. Using long calls. Long Call Levels on Chart SL < 64 *Stops based off underlying stock price, not mark to market loss The Trade BUY 11/26 65C R/R & Breakevens vary on fill. The long call is placed ATM for higher chance of profit. Manage Risk Only invest what you are willing to lose
NYSE:GMLong
by BarnardR
Gala to the moon Disclaimer : It is not a financial advice am not a professional I don't take responsibility for your loss Just for educational purposes....... The Devin bull hammer is here, Congratulation to those who have hold it so long and taking profits right now This is your host k9100............................ back at your service Hi there gala gang how you're doing I know it was rough time for gala and us what we hold it we support it and here gala is paying us Please do your own research before investing ............................................... Bulls are back in game zoom in and zoom out to see the targets and watch for red zone Hit like and comment, support the work Thanks for love and support, I hope we will reach our destination this season Always remember to take profits and don't sell til 0.3, 0.5, 0.7 profit targets be patient and keep pushing for new entry, buy after retest of 0.12 or 0.11 or after finding support at 0.14 ................................................................................................................................... har har mahadev
Long
by k902
6
Wasn't BTC supposed to go up❗️❓Hola people, and hello to my followers. BTW: If my analysis give you more clarity and value SMASH that like button - if they don't, please follow me. So, let's get to business. As you can see, Bitcoin is now being the annoying currency like we all know it. Instead of smashing ATH's, it's lost in a range. The blue rectangle is where the consolidation is happening - AKA range. You know how this works, either it breaks out the upside or the downside. We will wait and see. That's it for this analysis. I'm out✌️
by EliteTradingX