Bounce
BTC/USD - Did you buy the Retest? We did!Hello friends! We pretty much nailed it in our last trading idea for BTCUSD (linked below). As expected, the price touched our previous support, our key zone as well as our trendline at $8250 and bounced from here. After our confirmation level at $8380 got hit, we are long. The price is now back above the MA 50 (red line) and we might see another bounce.
Our target is located at our previous support from $8650 to $8750.
Congrats on those who followed the past two trades!
I will update you in this idea.
I'm also available on Traderlist if you want to follow and trade my portfolio of Crypto, Forex and Stocks.
Feel free to join our monetae Trading Telegram channel as well. The links are in my signature.
cheers,
cryptobuller
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Disclaimer: Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only
EUR/AUD bounce or a break today?!1-hour time frame, EUR/AUD is trending higher inside a rising channel and the pair is currently testing support. Aussie may have enjoyed a strong run from impressive job data in the Asian session, but it could return those gains to the euro if the ECB sounds more upbeat. Stochastic is indicating oversold conditions or exhaustion among sellers, too. If price action makes fakeout from daily pivot s3, SMA 100&200 and price admiring the rising channel's lower trendline (support) may be the first signals of bearish momentum fading off. This could be the chance for buyers to hop in and take back price up to the top of the rising channel around daily r1 of the pivot but before that, any major adjustments to price stability and growth targets could impact the euro during ECB release which must be taken care. Some analysts predicting that there could be more optimism surrounding recent economic data release. Breakout lower from all those above mentioned crucial areas of interest with strong bearish momentum can be a case if ECB mess up with its upcoming release which can boost the bearish bias idea on this pair!! Oh, and I will like to bet on bounce bais yo! What about you pals? Which team are you? Bounce or break? Feel free to share your ideas in the comment section ;)
LONG - ENG - Trading Opportunity4h bullish divergence, small stop loss and a huge chance for upside.
Entry: 0.00004424
Target 1: 0.00004813
Target 2: 0.00005038
Target 3: 0.00005252
SL: 0.00004346
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Look for bounce on Carnival Cruise Line in 46.50-48.10 rangeCarnival Cruise Lines has been dipping on news that one of its ships spilled 5900 gallons of gray water into the ocean at Port Canaveral. The incident doesn't actually pose any risk, however, because the EPA is not imposing any penalties. Accordingly, I expect CCL to recover soon, with a bounce in the 46.50-48.10 area.
Entertainment, leisure, and hospitality has been an extremely strong market segment for the last quarter, and CCL beat analyst estimates by over 20% on its last earnings report. The company's 4% dividend and approximately 11 P/E make it a good value even if the sector's outperformance doesn't continue in Q1, but there's no reason yet to expect a slowdown in this market segment.
EDIT - EDITAS Genetics time to accumulate and play bounceHello all, Notice MACD, RSI and 50 day MA trends for EDIT. I am planning to accumulate calls this week and some last week to play the bounce signaled by RSI and MACD into the JPM healthcare conference on the 15th where these biotechs present promising results and play pop.
Plus biotech is a risky defensive bet - mutually exclusive of Iran - these biotechs are still getting bought out and FDA is approving new drugs like candy.
DowJ Looking to fall Dec. 31 2019 and bounce starting 2020DowJones is aiming u to fall roughly 250 points Dec. 31 2019, before the new year. Volatility Index (VIX) is screaming for new highs, sending the bears to eat up, and giving the bulls for room to take profit. Expect a bounce at previous support from the 28200 level and potential breakthrough of that 28200 level.
MATICBTC Dead cat bounce 100%+As you can see MATIC experienced a severe drop to the upward trend line but then rebounded ~100%, dead cat bounces are a great way for swing traders too make money if they are paying attention..
Possible bounce levels on ZumiezZumiez reported better-than-expected earnings, and as a result, analysts have been revising the earnings outlook upward. I'm targeting about $37 per share for my exit based on the current earnings forecast. Zumiez rocketed after the earnings announcement, but has been dropping since. I've identified four possible bounce levels; we're already at the first. Scale in at the support lines or watch for a trend line breach to confirm a bounce.
LTCUSD - Bounce or BustPinning the highs on a straight line against the lows oscillating around it produced this lovely, and very scary map.
What do you think? Will LTCUSD and the Altcoin market with it embrace disaster, or defy some Sine Law for a Christmas present?
I may be releasing my indicator at some point, but for now it's in beta going through some strategy testing and fine tuning.
TradingView rocks with webhooks -- if the fundamentals are there.
BITCOIN TARGET HIT - WHAT'S NEXT?What a week we had in crypto market!!!
Our target of $6650 was met precisely! I mentioned that we should expect $500-$1000 candle, and we had 500$ move couple days after.. :)
I expect consolidation of some sort to be seen before bullish rally.. Orange box is consolidation zone 0 if we close above on daily - longs can be opened with best R/R ration depending on your trading management.
Next target is $7750-$7850 region with possible spikes to ~$8000.. Only closing daily above $8500 would switch my bias and it can turn out to be strong bull rally - until then, I'm sticking to the green regions as my TPS
Keep in mind that we have important zones to cover lower than our recent low - that's why I think it will be just a "dead-cat-bounce" before continuation lower.. A lot of choppy price action to be expected too! *Don't forget to take profits if you see market turning around at crucial zones.
This is not a financial advise. Have a good one!
Ally Financial an undervalued stock setting up for a bounceI don't love banking stocks right now because they have so much bad debt on the books, but Ally Financial looks good for at least a short-to-mid-term play. With a P/E of 7.62 and a valuation rating of 94/100 from S&P Global Market Intelligence, Ally looks very attractively valued. It beat estimates and raised guidance on its last earnings report, its earnings grew 10% last quarter vs. the same quarter the previous year. With a 2% dividend yield, Ally offers decent quarterly cash return as well as good growth potential. Best of all, Ally is sitting on a support and looks ready for a bounce from $30 per share. This is definitely my pick of the day.
For more market news, stock analysis, and educational videos for traders, check out my YouTube channel, "Wall Street Petting Zoo."