$MSFT - Do or Die$MSFT is sitting at an inflection point right at the bottom of it's demand zone.
There is a sizable gap underneath, with our nearest support being around the 305 level.
A bounce here is absolutely necessary for the bulls, otherwise there is a very high chance bears flush us down to the low 300s.
Bounce
$drfs so much to like here. was VERY strong two weeks past as everything else floundered. As with all things it found its way back down but with a higher low. (.0093/.0103)
got rejected by .02 so i would play this to a retest of that mark and re-evaluate at that point 1000% potential from here to .12 depending on what $nxmh does with it
Entering Buy ZoneETH is retesting support of the previously broken resistance line, as well as support at the 200 EMA. Selling momentum is exhausted and ETH is entering what I consider my Buy Zone. Bullish divergence on the 4hr chart leads me to think we will get a soft bounce, but we'll quickly see resistance from the 100 EMA and the support-turned-resistance line. I'm interested in averaging in here, but not quite ready to go in with a heavy position.
Let's have an amazing 2022!
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These are my personal views and not financial advice. Please do your own research before investing.
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4h short term Bitcoin bounce. This is my last trade in 2021, a short term BTC bounce to the 55(EMA), currently sitting at $48.500.
If you have seen my previous projections you should be very aware that bears have taken control of the daily chart. Meaning that any rise of the price on a 4hr timeframe is JUST a bounce. Keep this in mind if you are trading it. Don't get caught with the wave.
Here's the link to the daily projection:
Please note, this is a 4hrs chart . Never expect the price to start moving right after you buy/sell.
The result of this projection will be seen between 24 to 48 hours. Be patient.
$TGT incoming bounce on its way, another short covering rallyA big bounce is imminent on $TGT here in the next few days to weeks, the stock has declined significantly in a brief amount of time and is now showing inside candles representing balance, a push over 221 will take us screaming higher. Short covers bring the excess liquidity, strong numbers represented by Target this holiday season is a contributing factor why we will bounce here. Be patient, another big trade is coming. Jan 220/225 calls can work on confirmation candle.
#Crypto, #BTC Decending wedge, strong support at 45600, 4 rejections of this level, divergence on daily TF price is in oversold on RSI, technicly BTC is very likely to bounce at least in short term, there is still a chance it will push through 45600 to 44k but technicly every indicator shows some strength building for BTC, if demand holds this level tonight, i personally think there will be sharp move up to 50k... lets see if my intuition is right.
NZDUSD - Multiple Signs for Up-Movement - Confluence*** Trade at your own risk! ***
*** Not every idea is also traded by us ***
Hi Traders!
The setup of the idea is that we have multiple factors coming together
to make confluences and forming an Up-Movement.
Here are the factors from big to small:
Daily descending Parallel Channel
Price at the Bottom TL of this Parallel Channel
Consolidation after Downtrend forming an Accumulation
Break of big Trendline
Potential Retest of this big Trendline
Bullish Divergence on the MACD Oscillator
Tight H1-Trendline
For many people, these give information is enough and that's why are only publishing the indications without mentioning the meanings, effects, detailed explanations, deep analysis or importancy of them. Also to keep it short for advanced Traders.
If some curious Trader wants to know more about anything - go ahead and ask! It would be a pleasure for us to answer.
If you want to know more about any point of them or if you have another POV, than feel free to share!
Thanks and successful Trading :-)!
$DT - A Lesson in Supply and Demand$DT is a wonderful ticker for examining how Supply and Demand Zones work while trading.
As shown on our chart, once we've identified a potential supply zone, denoted by the red box, sellers will consistently step in at this range, and price will consistently reject until we break out. Upon breaking out, this demand zone becomes a SUPPLY zone, denoted by the green box.
Now, at this exact same zone, we'll have buyers stepping in instead of sellers. Price will now consistently reverse and bounce here, allowing us to safely enter longs.
To top it all off, we're sitting right at a long-term support trendline, AND a demand zone as well, meaning we have an extremely safe long entry leading into this trade.
I'll keep my eye on this ticker going into the new year.
$XBI - Fundamentally Undervalued, Strong Bounce Off Of SupportI posted the wrong chart when doing my analysis on this ticker last time, so I'm here to update my error!
This is a very interesting sector to keep an eye on after it's gotten relentlessly hammered for the past six months.
There are now over 100 biotech stocks selling below cash, meaning these companies literally have more cash on their balance sheet than their entire market cap! Furthermore, there are 300 additional biotech stocks selling at 1/2 cash (50% of their balance sheet is at least half of their current market cap).
There are an insane amount of bargains within this sector, and the entire sector is poised to make a reversal after a strong bounce off of support, and bullish engulfing candle on the daily.
I wouldn't be surprised to see this entire batch of stocks start to perform very well over the following months. A trip back to the 130s is almost inevitable.
$XBI - Fundamentally Undervalued, Strong Bounce Off Of SupportThis is a very interesting sector to keep an eye on after it's gotten relentlessly hammered for the past six months.
There are now over 100 biotech stocks selling below cash, meaning these companies literally have more cash on their balance sheet than their entire market cap! Furthermore, there are 300 additional biotech stocks selling at 1/2 cash (50% of their balance sheet is at least half of their current market cap).
There are an insane amount of bargains within this sector, and the entire sector is poised to make a reversal after a strong bounce off of support, and bullish engulfing candle on the daily.
I wouldn't be surprised to see this entire batch of stocks start to perform very well over the following months. A trip back to the 130s is almost inevitable.
Disney December $164 WISHThis stock fell pretty hard, so a bounce back could happen. How high will it go.. I have no idea.
Taking a look at some trends and numbers, I think buying Friday might be the move.
Long term, I like this stock at $230 by next year. Short term, I like this stock around $160. I've marked some key numbers, if we do happen to see a turn around.
Time to load up on Netflix $570-580Set your limit buy to $570-580 folks. Time to load up on Netflix soon for some bounce play. Netflix took a double top bearish drawdown and it’s a falling knife, with the 20 day crossing the 50 it’s still bearish and could drop more, but there is support soon. RSI 34. Today we could see my buy zone with the fed interest rates. Buy the dip!
Like and follow for more, comment let’s discuss
$QS - Multiple Supports BelowQS has had a pretty nasty drop over these past few weeks, running up 100% after stellar earnings, before ultimately coming down 50% back to where it started.
We're currently sitting right at a demand zone, with multiple levels of support sitting underneath.
I plan on scaling in a small position tomorrow after FOMC, and adding more if we dip to the levels of support down under.
I expect we're going to get a pretty solid reversal sooner rather than later. This setup is reminiscent of the $PYPL chart I posted about a week or two ago.
GLHF everyone!
ETH Ethereum Long Idea ETH has been victim to the sell-off that's occurred in the cryptocurrency markets in recent weeks. The price has finally broken below the key $4000 number which is a worry. However, in the short-term a bounce back to the $4000 level is likely considering the recent price action of ETH. The RSI levels for ETH on the 4hr chart remain oversold which shows that a change in momentum is possible, at least in the short term. The price has also found temporary support between $3750-3800, if this holds then a retest of the $4000 area is plausible. The stop loss area for this trade will be at $3680 which is 4% of the trade size.
Bitcoin Fibonacci Based on Area - DeadCat Bounce Scenario!Hi guys, Please take a look at my chart. It's pretty basic and let me know how I can improve it. I'm looking to see if Bitcoin can have one last move higher to the mid 50s to complete its "dead-cat bounce scenario." RSI is too oversold and we have majors supports in the 46.5k region. 200 SMA is around the .50 Fibonacci. Thanks.