BID seems breaking down from long term upward channel. This seems interesting short setup. We would consider a short if it breaks below $47.83 We would also consider $48 October Puts, currently $1.33 * Trade Criteria * Date First Found- August 11, 2017 Pattern/Why- Long term upward channel Entry Target Criteria- Break of $47.83 Exit Target Criteria-...
Beautiful position for shorting EUR against GBP. Euro have shown weakness across meny pairs today. On this pair EUR is stil trading at top which is perfect. For stops look at latest top. For target look at 0.86500 as first target. For second target 0.83470 is great area. It's also a strong support in past.
One *potential* trading scenario.
I have been waiting for this long for quite some time. It's a great opportunity to long the Pound from the daily support down there. Once price dips into our buy area, I will be hitting buy buy buy! :) More trade ideas in the related ideas link.
...yes, live can be fun, even in trading ;-) Peace!
The implications are that since IBB failed to hold below 282.68 and drop with the market, we might see a strong risk on move accross the board. We can also examine BID to find it's holding earnings support. These two stocks can tell you a lot about the direction of the broad market, as illustrated by Tim West in his publications. I am net long again, but with an...
Hourly is working its way thru the cloud and pulling along the 10EMA for verification. Hovering above ins the 200SMA and the 76% Retrace around 1.1135. Failure right in this range brings us back to 1.1085 fairly quickly.
Shares of auction house Sothebys have broken out of a bullish base on strong volume accumulation. The pattern targets the overhead gap at $30.
NYSE:BID Not too far for a support test near 16 with OBV declining.
While Morgan Stanley and others (I assume) are suggesting to their investors to be overweight on consumer discretionary, I find it interesting that sothebys has been falling off with the market relatively flat. We saw sothebys divergence in early 2014 that preempted a modest market correction, and in the past, sothebys has rarely failed to follow market direction,...
Hello Traders! Suggest you, take a look at the index S&P500, starting from 4 march 1957 year to current day, in terms of the Elliotte Waves, Market Profile, Volume, Cluster&Delta analysis! We hope that our modest work, will help many traders in the World to find the way of truth in future market prices! (We are sure, that you can predict better, than this...
BID- Expect opening at 43.41 for a Retest Gap. Learn this strategy for free at www.RealLifeTrading.com