Bounce
MCRB - Bounce Trend In Flow - Can It Carry On?Seres Therapeutics, Inc. operates a microbiome therapeutics platform company, which engages in the development of biological drugs. The firm creates medicines using live bacteria to treat diseases resulting from functional deficiencies in the microbiome, a condition known as dysbiosis. It focuses on implementing microbiome therapeutics platform to develop ecobiotic microbiome therapeutics that treats dysbiosis in the colonic microbiome. The company was founded by Geoffrey von Maltzahn, David A. Berry and Noubar B. Afeyan on October 18, 2010 and is headquartered in Cambridge, MA.
SHORT INTEREST
4.91M 07/31/19
P/E Current
-1.22
P/E Ratio (with extraordinary items)
-1.71
Average Recommendation: OVERWEIGHT
Average Target Price: 9.60
BTC clear picture!? New highs ahead!?Hi guys!
Just a small update to my last idea...
We came down to the upwards sloping trendline rather quickly. I have adjusted the trendline a bit, but the highlightend box area is still the same. I see a big potential for the bounce from 10,380 $ areas now.
Let's see...
Happy and safe trading!
Always place stop-loss and don't forget to take profits!
*This is not financial advice, this is only an idea. Do your own research and act on your responsibility.
INAP - Bullish Bounce - Can It RECLAIM LOSSES...Internap Corp. engages in the provision of information technology infrastructure services. It operates through the following segments: INAP US and INAP INTL. The INAP US segment consists of U. S. Colocation, U. S. Cloud, and U. S. Network services based in the United States. The INAP INTL segment consists of these same services based in countries other than the United States, and Ubersmith. The company was founded in May 1996 and is headquartered in Reston, VA.
P/E Current
-0.65
P/E Ratio (with extraordinary items)
-0.64
SHORT INTEREST
4.6M 07/31/19
Average Recommendation: BUY
Average Target Price: 6.43
BTC Update! 11k fails and down comes Bitcoin!Sorry, meant to get a post yesterday but didn't get around to it. Last couple of charts we've been bearish simply due to equilibrium having the initial bear break and then last chart discussing BTC desperately trying to defend 11k. Eventually that was lost and in some pretty dramatic fashion, BTC started tumbling. Personally I had said I would be looking to scale in for an oversold bounce trade and this is what I did. I layered in entries and filled about 80% of my position and did enter remainder today on some consolidation earlier. Overall I was comfortable with scaling in based on 4 hour charts RSI being oversold and it did get a bit more extended than I would have liked. My entries under $10k, I will begin scaling out just to lock up some profits and lower my cost basis for break even on remainder of position. Ideally would love to see a bounce to at least $10,500 and ideally closer to $10,900. If bulls can pull this off its just a lower high but then gives some breathing room for bulls to form a higher low compared to our low of $9470 on this drop. Bulls would then seek to shift trend back in their favor with a higher low and then shoot for the higher high compared to wherever we top out today or this weekend for our initial lower high.
So a fair amount of work for the bulls but we got the significant pullback we really wanted and now have a low to watch ($9450) and will patiently see where the bulls set their lower high (ideal to me would be $10.5-10.9k by this weekend). If bulls fail to get much higher on this bounce today and do start trending towards new lows, it will be some tougher decisions on stop losses due to the pretty extended nature already on 4 hour chart. This is primary reason I seek to lock up some profits here shortly just to free up cash as well in case another leg down does occur. Otherwise would seek to refill that on any consolidation after our lower high is set.
Just My 2 Sats!
Very important pivot on BTC! $14K or $9K?! Lets wait and see!If you followed my previous assessment, you'll see that I called the bounce nearly perfectly:
At the current market levels, we are at a very interesting point here. In the last few weeks and last July we have seen loads of market manipulation by the big money wallets. On July 14th for example, we saw an open of 11370.5 and a close of 10185.5 – a dump over $1,000 in a single day. On the 15th, we saw a rally only to be shut down by a $1,400 dump in a single day.
What all of this means is that market manipulators are rinsing and repeating in this market right now, pump it to make retail investors fomo in, and them dumping it to liquidity zones where mainly retail traders are located at.
This month we have seen a lot of movement to the upside and are in a current small correction for those moves – whether its accumulation or distribution is yet to be seen. I’m speculating that at our current level if we hold and bounce to the upside then we will go on to $14,000, however if we dump here I’m speculating we go back down to $9,000 to test that level again, and if we break then $8,500 is the next level I’ll be watching.
Either way, there is no assured up or down prediction here. If July shows you anything, it’s that this market is moved by large wallet manipulators who want to take your money. Don’t be one of those losers who fomo and get liq’d, play it smart and watch for the market to decide on a clear direction.
My personal opinion is we bounce here based on the July and August Pivot points marked in blue. Either way I’m not making a trade until we have clear direction.
Cheers,
Guardion Health Sciences (GHSI) BounceGHSI recently peaked at $3 and is trading below 50 cents currently. Potential upside is over 60% making this a great buy for anyone looking to ride the wave up. I would not hold beyond 50 cents. Day trade only
TXMD - BREAK OUT. CAN IT CARRY ON THE TREND. 15% MINIMUM MOVETherapeuticsMD, Inc. operates as a healthcare company, which focuses on developing and commercializing products for women. Its technology, SYMBODA, develops advanced hormone therapy pharmaceutical products to enable delivery of bio-identical hormones through a variety of dosage forms and administration routes. The firm also manufactures and distributes branded and generic prescription prenatal vitamins, as well as over-the-counter vitamins under the BIJUVA, IMVEXXY, vitaMedMD and BocaGreenMD brands. The company was founded by Robert G. Finizio and Brian A. Bernick in 1907 and is headquartered in Boca Raton, FL.
SHORT INTEREST
84.93M 07/15/19
P/E Current
-3.83
P/E Ratio (with extraordinary items)
-3.21
Average Recommendation: BUY
Average Target Price: 10.57
hertz, bottomed out or about to break down?Looks like it wants to bounce up to The blue line, however long term trend is down so keep an eye on the bigger picture. Oscillators starting to turn up
ERUCAD Bounce Trade OpportunitySymbol: EURCAD
Timeframe: 4H
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern
Signals:
4H Blue: Support
Previous Support
SETUP: LONG
ENTRY @ 1.462 - 1.466
SL @ 1.456
T1 @ 1.477
T2 @ 1.485
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DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
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Fireye Oversold... bounce incoming?looks like when FEYE hits low 20s for RSI it seems to bounce pretty significantly shortly after. could be a great scalp on some OTM calls. GLTA
LINK BOUNCED 20% WILL IT CARRY ON?We spoke about Chainlink a while back that it was in a mega bearish trend and it would bounce and when it did it would be hard. It bounced over 20% in a couple of candles from a 1:1 retracement on the Fibonacci.
This is a perfect lesson for people buying into hype and waiting for the perfect entry point on a reversal. Momentum is key.
BOUNCE OR DIE LADS DO IT
BOUNCE AT ONCE
Joking aside im buying spot positions here for medium-long term positioning on CDEV here. Invalidation with a significant (daily maybe) close under this trend
Scalp Trading, BTC still in a mid-term down-trend, BUT...Longing here is risky due to the mid-term trend is down, not up. Taking a short after a rally will be more in your favor. This trading idea is more for the scalpers and for the public to have an idea what BTC is doing.
I'll keep it simple.
Yellow line - 21 EMA
Pink line - 200 MA
Purple line - 200 EMA
Orange line - 10 SMA
On the 8 HR time-frame, BTC is still holding on to the 200 EMA/200 MA line (purple and pink line.) We closed above the line, and as long as the next 8 HR candle closes above, it'll make for a good bounce on BTC up into the $10,000 area. This number is not exact, but the small bounce should carry between the price range of $10,000 - $10,200. But as I mentioned before, this is just a small bounce. Any rally will be sold into and the overall Mid-term trend will continue.
imgur.com
On the 4 HR, there is bullish divergence forming on the CCI. This will more than likely be an entry signal on the 4 HR as the CCI re-enter the lower band. When I see a bullish divergence, I typically want to see price retest its 21 EMA. On the 4 HR, the 21 EMA happens to be around the $10,100 range. This has nice confluence with our 8 HR.
imgur.com
On the Daily time-frame, you can see the 50 EMA is also hovering around the $10, 100 range. Going forward, this should act as resistance and a good sell point for any scalpers. The Mid-term trend is still down, as we make our way towards the mid-8,000's to meet up with the 21 EMA on the weekly time-frame.
*If anyone can show me how I can post multiple charts without using a link, i'll be grateful.*
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$MLNT entry point for a rally$MLNT is extremely oversold and due for a rally. Huge sort position, MM's trying to drive it lower and found support. Rally is expected at any moment from this area.