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Breakouts

AGL (Long) - Bucking the overall market trendAs I was scrolling through many many charts, I realized its very difficult these days to find a stock that trades on its own accord, without copying the (very volatile) path of the overall market. But I managed to find one which showed almost no correlation to the recent frenzy - NYSE:AGL Fundamentals The underlying fundamentals of NYSE:AGL are difficul t to say the least, though getting better - hence the recent bump in the share price on the back of a few upgrades from analysts With a P/S of 0.4 we can confidently say the valuation is low, but we can't really blame the investors for taking the share price down - despite an amazing growth rate (from 4.3bn in 2023 to 6bn in 2024), the firm is unable to keep its costs and cash position in check With 6bn in revenue , the firm wasn't able to turn a positive gross profit(!) So, I wouldn't look at it yet as a long-term play, though if the firm can put its finances in order, it could be a large player in the definitely-not-getting-smaller space of senior healthcare But the short-term momentum is intruiging Technicals First thing to note is that fascinating bifurcation from the broader market (see the relative strength indicator on the weekly); NYSE:AGL was nicely treading 6% higher today while AMEX:SPY was bleeding 7% - I appreciate stocks like that during these volatile days Plus,it has momentum - a couple of upgrade sent the stock surging and there is a gap to fill, which I would like to take advantage off Other than that, it doesn't really scream buy, so I am not going to sell it as a high-conviction play (no usual accumulation patterns :/) - I am currently looking at it as a diversification play with a momentum tailwind Trade I bought it on the recent pop higher and plan to hold until it breaks the little bottom it created after it surged (red line) I don't plan to marry the stock for longer, I will give it one chance and if it breaks, then I retreat - potential holding time is about a month , or about 5 U-turns in the US tariff policy The stock can be still entered with the same stop/loss but a slightly worse risk/reward Follow me for more analysis & Feel free to ask any questions you have, I am happy to help If you like my content, Please leave a like, comment or a donation, it motivates me to keep producing ideas, thank you :)
NYSE:AGLLong
by jurajholik
Gold (XAU/USD) Bullish Breakout: Next Target $3,181?"Key Observations: Current Price: Gold is trading at $3,127.450 at the time of the chart. Trend: The chart exhibits a strong uptrend, with higher highs and higher lows. Support Levels: Several support levels are marked in the $3,010 - $2,999 range, extending down to around $2,906. Resistance and Target: The immediate price range is highlighted, suggesting possible consolidation. A breakout above this range could lead to a target around $3,181. Chart Annotations: A retracement (red structure) indicates a short-term correction before continuation. A breakout structure (black lines) suggests a previous significant upward movement. The range and possible continuation are marked, indicating that the price may consolidate before attempting to reach the target. Trading Perspective: If price holds above the range, we may see bullish continuation towards $3,181. A break below support levels could signal a deeper pullback towards $3,010 or lower. This chart suggests a bullish outlook, with potential for more upside if momentum continues. Traders might look for confirmations before entering long positions.
OANDA:XAUUSDLong
by PIPsOptimizer
Double Bottom on USD/CHF @ W1This double bottom pattern has formed on the weekly chart of the USD/CHF currency pair following a downtrend that had been active since October 2022. It can be used as an upside breakout setup. The two bottoms are marked with the lower yellow line; the neckline is marked with the upper yellow line. My potential entry level is at the cyan line (10% of the pattern's height above the neckline). My potential take-profit level is at the green line (100% of the pattern's height above the neckline). My potential stop-loss is not shown on the chart and will be set to the low of the breakout candle or to the low of the preceding candle if the breakout one trades mostly outside the pattern's borders. I won't be trading a bearish breakout from this trend-reversal pattern.
Long
by AndriyMoraru
USD/JPY Premium Trade Setup | High-Probability Short OpportunityKey Elements in the Chart: Uptrend Channel: The price was moving inside an ascending channel but recently broke downward. Resistance Zone: Marked near the 150.000 level, indicating a key rejection area where sellers are strong. Sell Zone: A potential short-selling opportunity is identified around 149.300 after a breakdown from the channel. Support Zone: Located around 148.500, where the price may find temporary buying interest. Target: The final target for the bearish move is near 147.000, suggesting a further downside potential. Trading Idea: Bias: Bearish (selling opportunity after a trendline break) Entry: Near 149.300 (confirmed rejection) Target: 147.000 Risk Management: Stop-loss can be placed above the resistance area. This setup suggests that USD/JPY may continue its downward move after failing to sustain the uptrend. Traders should watch for confirmation signals before entering.
Short
by PIPsOptimizer
When you're Dancing on the ceiling; Short then LongWe recently broke-out of a trading range, to the Upside. Short now for Temporary Profits, or, Wait for the price to follow the grey line I drew in illustrating the likely Anticipated move. Buy long, at-or-near the Pullback (top Dashed line). Should go (up) Down Upppp! For your added Confidence, i recommend Waiting for a Bullish Candle After the retest to Pullback Level; you Want to See a Green candle after touching that Dashed line.
Short
by sofearnot
6
Crude Oil / WTI short cheap and good time to bounceVolatility on WTI has been very strong on past years but is narrowing. Especially in past months we can see a seemingly tightening volatility in prices. And we all know what that means right ?! Correct, a breakout will follow. The questions is only in which direction. A good risk ration is achievable since we are very close to a bounce level / support (green line) and far away from the next resistance (red line). Commodity markets tend to be mean reverting and whenever commodities are cheap it makes sense to but them. Boom and bust cycles. But this is rather a long term strategy. In any case, breakdown as below: Entry: Ideally we would average down the long position down to 67.28 and potentially below, in case price tests areas below. Exit: Ideally we would exit at TP slightly before 80 USD to avoid the resistance and the magical strength of full numbers. Something like 79.4 USD should work. If price moves against us close at SL or once daily candle break below the support and closes. In such case we could even consider a short position but with tight TP as fundamental dont point towards much lower prices. Conclusion: An easy trade can be entered with good risk reward ratio if executed correctly. Disclaimer: This is non financial advice let me know if any question.
TVC:USOILLong
by RobbybubbleX
1
Did Bitcoin Just Trick the Bears? RSI Says Yes!Bitcoin's recent price action suggests a potential bear trap, as the price sharply dipped below a key support zone before rebounding. The sudden breakdown may have triggered panic selling, but the rapid recovery and bullish divergence on RSI indicate that this could have been a false breakdown designed to shake out weak hands before a stronger upward move. The price is now reclaiming levels above the previous demand zone, signaling a possible reversal. If Bitcoin sustains momentum and reclaims the $90,000 region, it could invalidate the bearish breakdown and push toward new highs.
Long
by unichartz
Nas 100 Outlook - Full BreakdownHi all this is my breakdown for Nas 100. Currently Overall price has been consolidating now for about 3 months. We have experienced some choppy P.A but I believe things are about to clear up TOP DOWN ANALYSIS: Daily- Not much to point out other than a few CHoCH and alot of fractals all over the place in a big box 4H- Things clear up slightly: First thing to notice is some very clear EQ Highs telling me I see a lot of stop losses to hunt. We can see in better details Buyers pressure are still suggested due to the higher volume in candles. We can also identify a Liquidity Trend that price is "seemly" respecting so far. 1H- Again with the EQ Highs with no hourly candles taking Liquidity. We are seeing alot better details with how price is alot slower here but we are still filling all the imbalance possibly which takes me to my Trading Plan breakdown. Were price is currently sitting we have taken a small portion of Buy side Liquidity and Sell side Liquidity has already been swept from the previous 4H Swing low. Id like to see price move and take the Imbalance left. Trading inside this Mitigation block will give us smaller TF choppy P.A but I will be waiting for things to clear up a bit out side of this block before looking to take the next impulse move. 30M/ENTRY- Fractal price is suggesting Bullish price action after breaking previous structure. Id like for price to fall into the Discount zone and possibly come all the way down into my extreme zone to all Imbalance and to have as much buying pressure to take out the Weekly Swing High which is a breakout of this 3M consolidation. Reflect to the chart for added confluences. Good luck to all the traders that decide to follow
OANDA:NAS100USDLong
by jamesibartram