Bounceup
VRSN at Topping Completion LevelVRSN has a bounce up at a support level that is technically within the topping formation completion level. The stock has recently consolidated above the prior low for this top.
XOM Retests Bottoming LowsXOM retested the lows of the current attempt to bottom, which is slightly above the previous lows of December 2018. The selling down was swift and steep, resulting in a bounce up which was on weaker Volume.
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USDJPY - Prepare for BUY! - Oversold - MomentumHi Traders!
As you can see this is a very good buy oppurtunity because we have many confirmation.
1.: For all price action and technical analysts of you:
The market is reaching a strong support and it has to test it.
2.: For all RSI-Indicator Traders:
The RSI tells us that the market is oversold.
3.: For all Momentum traders:
The MACD Histogram shows us a strong moment. When it touches the support it will bounce back.
We're seeing forward to buy this pair at 107.122 with a risk-to-reward of 1 to 2!
Thanks and good luck :)!
Gap filled. Time to buy??ROKU has been slaughtered over the last couple weeks. Is it time to buy for at least a bounce? I'm leaning towards yes... but I haven't really gotten an entry reason.
ROKU fell more than 40% from wick to wick on the candlestick chart. That's pretty incredible... however, they have had a tremendously good year. I'm not saying they will go up and retest their all time highs, but why not make a little money off a bounce that is bound to happen at some point. That some point might be now.
ETH-USD Bullflag - BounceBullflag formed.
Multi combination of supports:
*4H Support
*RSI Support @40
*Bullflag formation
and
*Short-term trend-line
are indicator for nice bounce-up from 210-212 USD.
Good luck.
LTCUSDA possible setup for LTCUSD to bounce up and test the 50 EMA/TD trend line. Keep open the eyes.
AAL bouncing from the channelNASDAQ:AAL bouncing from the channel, undersold today in the last minute
NANO Bounce Opportunity - Can It Reclaim More Of The Market?Possible play here if the trend continues going up. The biggest issue we have found currency is Bitcoin, what will that do over the period of time.
Nano had a heavy correction but has turned recently, could the trend continue?
Keep a close eye on it and if it breaks above the resistance over the next 12-24 hours. It needs support.
We can see a bounceup on USDJPY After the customs tax news yesterday, it had been a steep loss on USD against JPY.
Today I expect a bounce back from USD. At least to the levels between 107,787 and 108,998. RSI may start to show uptrend on hourly chart shortly.
Buying on SupportLast Support level has been successful. Chart primed for an easy run up to 200 DMA @ 15.86. Expecting this new leg to visit 19-23 area given the positions of the SP, current indicators and direction crude has been going.
BTC-USD BouncePotential for bounce up in symmetrical triangle pattern after bullish falling wedge has formed.
Key supports to watch : Support @10325 USD - if candle close below this support, trade is invalid.
Triangle bottom line - if candle close below this support, trade is invalid.
This idea is for educative purposes.
Back to the drawing board.BTC 1hr chart looks like its turning bullish but now we have all the resistances to work back through keep an eye out for the previous resistances and my other ideas are back in play. Be careful out there!!
AAPL Losing Institutional InterestAAPL is now below 60% of its shares held by Institutions. Dark Pools continue to slowly rotate out of AAPL, even as the stock bounced up on corporate buybacks recently.
PYPL Forms Risk of Top FormationPayPal broke to the downside, then bounced up on a strong upside market day. However, the gain of the bounce is weaker in volume and price pattern than the previous downside black candlestick. It has weak support to the downside all the way to the red line.
NVDA Finds Support at Previous Yearly LowNvidia has bounced up from a slightly higher low than its previous low. This may result in a bottom formation developing slowly over this summer.
Potential bounce back GBP/USDEntry :1.30186
Tp:1.30510
Quote of the day:”Be patient and tough; someday this pain will be useful to you.”
ADA Looks Bullish!ADA is crossing "BUY ZONE" right now.
There are few potential bullish signals forming on graph.
1D chart
RSI divergence: Bullish
MACD Golden Cross forming: Bullish
Bounce from strong support zone between .382-.5 fibs.
TP1: 1520
TP2: 1700
TP3: 1950
Stoploss: 1150 (if drop down from green channel)
*This idea is for my own educative purposes only.
HALLIBURTON LONG - CLEAR SUPPORT AT 30$ AND RSI OVERSOLDHi there
Halliburton Company (HAL) has shown a clear and strong support at 30.00 and could very well bounce right back up to 50.00 or even 55.00
The MACD, Parabolic SAR and the Williams market buttom finder are all indicating bullish momentum. Since this is a fairly long term trade it is necessary to look at the fundamentals aswell. With a PEG ratio of 0.63 and a recommendation rating of 1.8 (strong buy) this should be a pretty good trade in my opinion.
Long HRI: Bounce Off Weekly Demand AreaReasons I bought
1. Currently bouncing off of a weekly support level which is also respected multiple times in the daily timeframe.
2. Zacks rank: 1 strong buy
3. Also bouncing off 50 sma
4. Solid risk reward ratio about 1:4 or more
HTZ Pullback, Bounce TimeHTZ has been trading around its 100 day moving average since the middle of January. This average should serve as an important level of support over the next few trading days.
Looking at RSI (2 period, 90% and 10% upper/lower bands) HTZ tapping that lower band at 10.79% at today's close.
If support can hold up, HTZ might be ready for a nice little bounce.
Long 80 HTZ @ $17.42
Plan to exit around $18.50 or so in the next few trading days.
Cheers !
EURAUD - Quick bounceIn his way down the price just draw a descending wedge. It might be bouncing after it hit the 0.618. In this case, the first target should be the psychological number 1.60
Also check +DI and -DI on their way to cross and RSI heading upward in a channel.
I hope my analysis is useful for your next trades
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