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Bounce

ALIBABA BOUNCE FROM TREND LINE Alibaba oversold - RSI is low, historically this has preceded growth. P/E and P/B are low compared to other industry players and historically. Stochastic RSI was also down so tomorrow may be good for a buy. Debt to equity ratio decreasing. despite a bit of increased dept from a few Quarters ago. Let's see what the next few days bring, likely will open a buy position. I will update with TP levels. Hope you enjoy the idea. Let me know what you think below, anything to add or that I miss? Good day to you
NYSE:BABALong
by SaucyLettuce
4
$HXL Hexcel Corp Oversold & Ready to BounceThere's plenty of opportunity in the stock market today with lot's of good stocks being beat down to dramatically oversold areas, one of these is $HXL a carbon fiber maker for defense programs and a stock which has beat on 4 of it's last earnings releases. Technically speaking the stock is considerably below it's lower Buy Sell Band and 17.61% below it's 50 day MA making for a good risk/reward trade setup. On today's big down day it couldn't find much more than average volume indicating sellers may be close to exhaustion, a long play here back up to the 50 day MA looks ripe.
NYSE:HXLLong
by Click-Capital
$YELP - Consistent Channel TradeI've been trading this ticker for a while now, simply due to how consistently it moves! We've trading within this channel for nearly a month now, and after a brief slipup due to Omicron, bulls are back in control and we've started our ascent back towards the top of the channel. We can consistently trade this name from the $35 low all the way up to $41 high, with the potential to reach up to $43. If you're entering with options, make sure you give yourself ample time as YELP is a slow mover, and you don't want theta to punish you.
NYSE:YELPLong
by FluxTrades
Chance to Join EURAUD's Downtrend The downtrend of the EURAUD, which commenced following a reversal indicated by the Head and Shoulders pattern, looks poised to continue sliding lower. This was indicated by the recent Dead Cat Bounce from the 61.8 per cent Fibonacci retracement level at 1.57112. The price action is now likely to head towards the previous swing low at 1.52680. This is part of the establishment of a broader 1-5 impulse wave pattern, as postulated by the Elliott Wave Theory.
Short
by Trendsharks
EURUSD - Multiple Indications for Bullish MovementSummary of indications: Market @ weekly Support Market ready to bounce up from daily Trendline Support RSI Indicator is oversold ------------- Hi Traders! The idea of this setup about our analysis, that the market is very likely to move up. Therefore, here are some indications (other exists too): Firstly, the market reached the weekly Support Level closely. It didn't touched it yet, but is possible to move up. Be aware, that the market also could touch the Support first, before it goes up. The second thing is that the market is at the daily Trendline. This daily Trendline is descending, but supporting and it got respected in the past too. Another clue is that the RSI-Oscillator shows a very unsold stage from which it is coming back. The lowest value of the RSI was around 20. Our TP would be the next Resistance, which also confluences with the 50.0% Fibonacci Retracement. If you have another point of view, something to add or anything to ask, feel free to do so! Thanks and successful Trading :-)! (****Take your own risk!*****)
Long
by swissmoneymakers
Bounce & Breakout!!Money Makers! BA has been trading nicely in an ascending channel. It recently bounced off the bottom of the channel and is now facing its next battle which is the trendline shown. There is a little consolidation right below the line, which leads me to believe that a breakout will happen soon. If it does indeed breakout we can expect a nice rise to retest the top of the channel. Let's see how this plays out. Love it or hate it, hit that thumbs up and share your thoughts! It's all about Market structure, Area of value, and Entry Trigger. Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect! This is not financial advice.
NYSE:BA
by rnaofs
TO BOUNCE OR NOT TO BOUNCE, THAT IS THE QUESTION.. Bounce still looks like it has some life in it, right? Overall, the chart looks good. When crypto has a massive push, you can always count on it to consolidate. Unless it is something that is revolutionary, but even then it has to have a cooldown. Bounce looks like it is about to go. All the signs point to yes on my side, but of course, be cautious and make sure you have a strategy before you get in. Y'all have a good one, and happy Holloween.
BINANCE:AUCTIONUSDShort
by Ashton_M
8
USDCHF - Price @ Trendline + SupportSummary of the indications: Daily Trend --> Symmetrical Triangle Weekly Trendline Support Daily Support --------------- Hi Traders! The main setup of the market is that the market reached the weekly lower Trendline, which is often respected. This Area also confluences with the daily Support. Also, the high momentum on the bullish movements in comparison to the bearish indicates strength on the bullish side. If you have anything to add, another point of view or something else to share, feel free to comment! Thanks and successful Trading :-)!
Long
by swissmoneymakers
MAXR Cup & Handle + Fibonacci Bounce?!WEEKLY CHART - Cup and Handle pattern. The handle needs stay above this level. - Needs to bounce around $25.40. (.65 or .618 fib level) - Zacks Investment Research Upgrades Maxar Technologies to Buy. (3 weeks ago) - NGA Awards Maxar With G-EGD Contract Renewal For Mission-Ready Satellite Imagery (Valued at $44 million. This is the second of three option years for the contract, which has a total value of up to $176 million.) Dislike: - Volume is getting weaker. - Earnings on 11/3. -----------------------------------------> I like MAXR $40 Call 4/14/22 <-------------------------------------------------------
MLong
by PerCent_Investments
CHGG Bounce??- Currently in a downtrend on the daily chart (50MA below 200MA) but still in an uptrend on the weekly chart (50MA above 200MA). - Support near 54.80. - CAUTION: $10 gap below (between $44.33-$53). CHGG could fall through support near 54.80 and attempt to close the gap near $44.33. - Earnings on Nov. 1st. Could go either way... 50/50. 6-10 Week Outlook: Could drop to $56 before climbing back near $64.50 Hopefully this will help you formulate your own trading strategy for CHGG.
NYSE:CHGGLong
by PerCent_Investments