$SHOP more than just a COVID phenomenaGreat run from low of $1025 on May 13th. Don’t think this run is over, but $SHOP appears to be finding resistance at $1245 level.
Expecting more upside, but might be range bound between P and R1 pivots, near-term.
P= 1180, R1= 1290, approximately.
Pivots shown on this graph are Traditional, Weekly pivots. Dashed line = 100 day linear regression.
Also note correlation between 2021 movements (from peak and trough) with Williams %R below main chart.
Bill Williams Indicators
MVIS LongWedge breakout + revisit
Uptrend consolidation
Price crossed SMA13, 50
OVB>OBV34
WR buy signal (my scripts: Williams %R two lines)
Entry 15
Stop 12
Target 28
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
DTEA LongUptrend Consolidation
OBV> OBV34
WR% Crossed -80
Entry 3.4
Stop 2.6
Target 7
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
AHT LongWedge breakout
SMA200 as support
OBV>OBV34
WR buy signal (my scripts: Williams %R two lines)
Entry 3.1
Stop 2
Target 8.5
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
HA Longwedge breakout + revisit trendline
OBV > OBV34 (my scripts: OBV and OBV SMA comparison)
WR -- buy signal (my scripts: Williams %R two lines)
Entry 24.5
Stop 22
Target 32
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
NEPT LongDemand Zone below side ways
OBV>OBV34 (my scripts: OBV and OBV SMA comparison)
WR>-80 (my scripts: Williams %R two lines)
Entry 1.22
Stop 0.95
Target 3.2
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
Long BIGC above 60.88Long BIGC above 60.88. Sleeping Alligator .
Daily chart shows a sleeping alligator printing now three fractals around 60.88. Ready to open its mouth.
AC is also increasing on the weekly chart.
Weekly balance line is right now at 65.65. If price crosses it we could see a larger run to the upside.
NASDAQ:BIGC
Baic Motor is completely undervalued It reached what appears to be a bottom on March 15.
It is almost 80% below its all-time high of January 2018.
The awesome oscillator is on the downside, heralding a possible reversal.
Although last year its profits fell compared to 2019, the trend is still upward, that is, it is becoming more profitable, with 2020 being an exception.
It is one of the largest car manufacturers in China, also having a presence in various parts of South America and Asia, whose models sell quite well.
It is working to develop new technology and introduce more electric vehicles to its fleet.
In general it has good fundamental and future potential, I still think that its price is unjustified.
If you want to have more details about the company, I recommend reading its 2020 annual report.
HKEX:1958
OTC:BMCLF
OTC:BCCMY
GXSBTC seems eager to hug its SMA 200 Guys, haven't you believed in the fact that altcoins following the path to hug their sma 200 eagerly?
GXSBTC is waiting for you to hop in.
Burger Good Longterm InvestmentI invested today on BURGER once the price touched the lips of the alligator, the Green Line. I have analysed the project and I find it similar with AAVE and has great potential to rise to 400-500 per coin if not more in the next few months. Lets see. You could make even more profit from the trend if you trade it in smaller timeframes cause I see it has a bit high volatility.
I expect to make my capital about 100x times from the size it is from the BURGER coin till it reaches the 20x increase and compete with AAVE in market capitalisation, by trading it in smaller timeframes.
The transaction fees are much lower than AAVE and has a crosschain function as well.
Follow me to stay updated with more of my simple trading IDEAS !
Hope to be correct and good luck to all!
Alligator Indicator (How To Use It)Alligator is the indicator which is designed to show a trend absence, its formation and direction. Bill Williams saw metaphorical resemblance between alligator’s behavior and the allegory of the market’s one: sleeping gives way to price-hunting after which it’s again time to sleep. The longer the alligator sleeps the hungrier it becomes and logically, the stronger the market movement will be.
The indicator includes 13-, 8- and 5-period smoothed moving averages each with its own displacement (8, 5 and 3 bars respectively) which are colored blue (jaws), white (teeth) and red (lips) thus representing the alligator’s jaw, teeth and lips.
Alligator is sleeping when the three averages are intertwined progressing in a narrow range. Therefore, more distant averages indicate sooner price movement.
To Buy:
If the averages go on in an upward direction (red followed by white and blue) this shows an emerging uptrend interpreted as a signal to buy.
To Sell:
If the averages go on in an downward direction (red followed by white and blue) this shows an emerging downtrend interpreted as a signal to sell.
See two examples on GBPUSD 15 minute chart:
1st) possible sell trade was during Tokyo session, with low liquidity and low volume, for 50 pips. Would or should you trade this? No or Yes.
2nd) possible buy trade was during London and NY session, with high liquidity and high volume, for 70 pips. Would or should you trade this? No or Yes.
You can use just 15 minute naked charts with only this Alligator Indicator on it. If These alligator lines are in correct buy or sell order during either London session or London/New York overlap session- I would highly recommend you make this trade. Alligator Indicator can be used on all charts.
AG showing Triangle Pattern, breakout incoming?Hi. In this 1D chart I've plotted a Triangle pattern that's played out since the start of February. I anticipate a dramatic breakout in the coming week (Idea posted 26/03/2021) as it breaks through the diagonal resistance line or the support line.
To support the theory that a dramatic breakout is coming there are a couple of indicator factors to consider:
The price is currently dancing over the Ma 56 line which indicates an impending breakout in either direction as it moves off it.
As well the MACD is currently close to the 0 line which also indicates an impending breakout in either direction as it moves off it.
As well the Williams is currently right on the center line which also indicates an impending breakout in either direction as it moves off it.
I've made some examples of long trades that could be made if it breaks the diagonal resistance line and when it reaches the prices of point B and D from the Triangle Pattern.
Thank you. Please, if you have any thoughts or comments do leave them below and I would gladly discuss or adjust my interpretations and methods with you.
This does not constitute financial advice.
Any projected prices, even if explicitly stated, are made with intent to discuss the symbol and potential interpretations.
Any trades shown or mentioned are examples and neither recommendations or mandates.