Breakouts
RIG Brekout Stock AlertBREAKOUT STOCK ALERT
$RIG - Transocean Ltd (Switzerland) Common Stock
Initial Alert Price: $2.31
Potential Price: $3.82
Potential Gains: 65%
Stop Loss Limit: $2.19
RIG is currently trading in a Continuation Breakout Pattern and working to break the $2.62 Levels of Resistance. If it does, then we expect this retest the $3.82 Level no later than March, if not before due to a catalyst or the Oil Industry finally getting a grip on Production Cuts to account for lower demand in regards of the pandemic. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
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ACRS Brekout Stock Alert UpdateBREAKOUT STOCK ALERT UPDATE
$ACRS - Aclaris Therapeutics, Inc. - Common Stock
Initial Alert Price: $3.46
Price High: $4.18
% Gains/Losses: 20.81%
(20.59% More Than Expected)
Stop Loss Limit: $3.97
ACRS is currently completing consolidation from it's most recent Oct. 12th 5.02 breakout after announcing beginning of Phase 2a Clinical Trials. The stock has some great headway for growth and we look to see a nice return here for current/future investors. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
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ECOR Morning Mover AlertMORNING MOVER ALERT
$ECOR - electroCore, Inc. - Common Stock
Initial Alert Price: $1.56
Potential Price: $2.03
Potential Gains: 30%
Stop Loss Limit: $1.48
ECOR shares rose in the Pre-Market Session as the company announced positive top-line results from PREMIUM II Migraine Prevention Study. The stock has settled around the $1.55 Levels of Support and we're expecting a bounce to the $2.03 Levels of Resistance for a 20-30% ROI on the swing. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
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LTCUSDT is testing Weekly resistance 🦐LTCUSDT is testing Weekly resistance after had twice rejections. IF the price will have a breakout upwards and turns the weekly resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
Weekly
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
SRNE Brekout Stock AlertBREAKOUT STOCK ALERT
$SRNE - Sorrento Therapeutics, Inc. - Common Stock
Initial Price: $8.02
Potential Price: $12.30
Potential Gains: 53%
Stop Loss Limit: $7.62
Looking for a move into the next Price Ranges for SRNE ($8.50 - $12.25 Levels) moving into the beginning of the year. The company recently received a $34M Contract from DARPA for it's Gene-Encoded COVID-19 Antibody and with vaccines/therapies in play, we expect more liquidity to move through the stock and continue to push into that Price Range as we project. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
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VXRT Liquidity Stock AlertLIQUIDITY STOCK ALERT
$VXRT - Vaxart, Inc. - Common Stock
Initial Price: $7.65
Potential Price: $17.49
Potential Gains: 129%
Stop Loss Limit: $7.27
Looking at the Consolidation for VXRT over the course of the last 5 months, we're starting to see a reversal in the stock. VXRT hit our Liquidity Stock Scanner and the move has been confirmed on our Breakout Stock Scanner on the 1-Hour EMA Crossover. We expect this to work through the following Levels of Resistance over the course of the next month:
Level 1: $8.49
Level 2: $9.43
Level 3: #12.49
We're aiming for Level 2 of Resistance ($9.49) for our Minimum Price Target which would provide a 23% ROI in our 1-Month Time Frame. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
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VER Brekout Stock AlertBREAKOUT STOCK ALERT
$VER - VEREIT, Inc. Common Stock
Initial Price: $7.35
Potential Price: $8.76
Potential Gains: 19%
Stop Loss Limit: $6.98
VER is currently showing triggers for a breakout on our trend analysis by showing Consolidating and High/Low Compression on the 1-Hour. The stock has only recovered around 55% of it's pre-pandemic levels, so it still has roughly 45% left to gain long-term and continue the exponential growth that the stock held onto before Pre-Pandemic. We're shooting for a gracious target of $8.75-$9.00 Price Ranges if the stock breaks out above it's most $7.66 Levels of Resistance. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
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OPK Brekout Stock AlertBREAKOUT STOCK ALERT
$OPK - Opko Health, Inc. - Common Stock
Initial Price: $4.21
Potential Price: $6.47
Potential Gains: 54%
Stop Loss Limit: $4
OPK is working to break the current levels of resistance at the $4.68 levels and we expected this to retest the Next Fib Retracement Price Range above $5.21. If momentum is moving at that point, we expect it to retest the $6.47 and either consolidate or move beyond that price point. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
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USDCHF Descending Triangle: Bears BreakoutHi Traders
In the past weeks USDCHF has bounces of the support zone at 0.90940 while forming lower highs creating a descending triangle pattern. After a brief consolidation and waiting, the bears finally made a breakout to the downside, further continuing in a downtrend. I set a intial sell entry so let's see how the market plays out.
Thanks for viewing.
Disclaimer: Analysis is subject to market changes.
AUDUSD > Easy Trading Plan Ahead of US Election!!Analysis of #AUDUSD
Hello friends,
First thing, do not forget to like and comment, it means a lot to me,
while the US dollar keeps gaining ahead of the US election results we have the AUDUSD breaking what considered a big level for traders 0.7000, but would it close actually below it, let's wait and see.
If price breaks this level will be looking to short targeting 0.6900 if the rules are met.
if price held structure and provided a reason that meets my rules I will enter long
Really appreciate your support and feedback
Check today analysis below⠀
_____________________________________________________________________________⠀
-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You
EURUSD near a strong supportHello traders,
Didn't posted in a while, because i've been testing few strategies, and now i''m back with the results!
Focus on the break of the last low, if this scenario is happening, price might reach the 61.8 fibonacci level, or if price action goes sideways, patience would be the key.
Price Trap (USD/JPY) IDEA......Wait for break AND retest on the 1 hour TF
enter 15 min TF
CONFIRMATIONS OF 2 BULLISH or 2 BEARISH candles DEPENDING ON BREAK OF ZONE (FLOOR OR CEILING)
25 Pips TP
25 Pips SL
1;1 RISK/REWARD
EXAMPLE
0.01 per every £100 in account
0.02 = £200
0.03 = £300
0.04 = £400
0.10 = £1000
LTCUSDT breakout 4h hour below weekly resistanceLTCUSDT breakout 4h hour below weekly resistance.
The price must gain bullish momentum in order to have breakout towards up.
According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
How did my week go? Should I consider changing something?Taking a look at my most marking activities this week, my thought process might interest some.
Reminds me of something... Slow choochooing trends.
I think they can be good. Always reminds me of NEO the crypto.
Was slow choo chooing then just skyrocketed up, mainstreet kindly throwing money for free at me ^^
In this game you are always going back and forth. Always tweaking it. Making compromises.
Constantly thinking. And every week or month (or quarter), or 🤢 day 🤮 for day traders, you don't come to fresh new conclusions but rather you add weight to your permanent conclusions and slowly steer the ship wheel the direction you consider the best.
It is a constant thing, there is no "end game", the markets change all the time so here.
Lazy bums that want "rich quick" might get extremely lucky, and then give most of it back, and then use their luck perf to sell courses on the internet (the shame).
Keep in mind there are less "turtle trader that made huge gains 40 years ago turned to education teacher on something that does not work" than lottery winners.
I gave up on plenty of things: Trading the waves 1 & 2, going for reversals on 5 (and previous ones except 3 if I think it is C), trying to enter too early on 3, trying to enter on 4 (but rather chase it after 5 went past 3), overstaying my welcome on vertical 5's.
Imagine being the guy that tries to catch every more and do every thing (when trust me they can never do just 1 thing right), these clowns always talk and years later, mathematically they should be billionaires, but where are they? Vanished. 100% of the time they are not even capable to understand that what they are saying leads to billionaire.
Real story I told someone ... he can make the biggest gains in history (according to himself) double digit percents in a day np ... "cool so in a month you will be billionaire", genius answer "I can't reach billionaire I don't have 1 million to turn into a billion I only have thousands" ... My eyes... My brain...
Are these people missing braincells? Neurons not connected?
I physically cannot bring myself to explain this xd
I've been taking on average 1 bet a day. That's a good 20/month. A bit more. This week I took 6 ones.
And I roughly estimate for every 10 1R goes away in spreads.
It is natural to always want to be in the market. And 1 excuse is even if some positions might not be the best, there is no better way to learn than being IN.
But I can counter this excuse. Being in less = more thinking, one can go further (there is no analysis paralysis only noobs with excuses) the more info or knowledge the better, it's infinite so... And another plus is take 100 trades you just won't remember anything, but take a few and they'll stay in there. I think I am at my limit, I can't recall all I have taken off the top of my head, but if I spot them it will come back most of the time. Big winners stay more :)
On the other hand you have this trading vip signal educator I recall vividly, going "my best trade was on gold I made so much bla bla bla" "oh nice, can you tell us more about it?" "emmm I do not quite remember" 🤣
These guys are just so funny.
You better have a good memory. Oh and also, not lie and just copy paste "education" (found for free on the internet) that you sell to gullible suckers.
I have been thinking all day about this actually, since midday, and I really do not want to take 0's. I sort of do Elliot waves but I have my own names and own rules and own waves idc about textbook I care about what I saw with my own eyes.
And when a trend goes, the first pullback that often happens around the break (just like with EURUSD) is the one I call... guess how? 0.
Fitting name because it truly feels like 0. I better enter on 1. My only regret this week is EURUSD, which I expected.
I am a little disappointed on NatGas, I thought after I quit my job this would never happen again... but of course here we go again...
I constantly get plenty of opportunities, I do not need to go for those... Feels really like forcing.
I am quitting this specific breakout early pullback join. 1 or 2 more R is not really worth it. No it is not just from that 1 EURUSD fail.
Normally here is where you do even MOAR backtesting to see how those go, and for once it is a quite easy backtest even after the move completed: whether it continued or reversed you can easilly spot those breakout-doesn't go far-pullback patterns on a chart.
I am not an expert at this but I am quite certain you rarely get 7R out of those.
Lovely. The theory in books tell you this is how they operate, the anecdotes tell you the same thing, the OG's say it too, and the market data keeps repeating the same thing.
Those are quick moves (down), this could even be a majority of day traders (you get rich quick even quicker by day trading right?) that ended up bagholding for 2 whole weeks because "but I don't want to lose I am scared".
They probably got so relieved, smiled, all the stress went away. Ye they'll get what's coming when it never comes back. Like Nick Leeson.
I love hearing anecdotes, and tricks and tips, and I love writting about it. Really trying to make short ideas but I just go on and on.
There is so much to think about, understand, talk about.
I feel very good about eliminating a pattern I hesitated about.
Trading Above MA20, Broke Resistance 0.5KSSC has been trading above its upward sloping 20-Day Moving Average which is a good sign.
In addition, the price just broke the resistance of 0.5 reinforcing the bullishness in the recent price movement.
This breakout was accompanied by a higher than average volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of successful breakout.
Resistance : 0.810
Support 1 : 0.355
Support 2 : 0.34
Resistance Breakout :
28 Jul : 0.384
2 Jul : 0.375
29 Jun : 0.415
17 Jun : 0.405
DKNG- Technicals show nice breakout -Long entryDKNG broke out of inverse head and shoulder pattern on 4hr. Recently even in bad quarter corona impacted quarter company generated more than estimated profit. I agree fundamentally it is not apple but entry is based on technical analysis. If works then it offers a great risk to reward ratio. I am not an expert on Elliot wave but I try to incorporate it in a very basic manner. Usually it works for me. Wave 5 begins here. If you measure wave 3 target can be about 60.00. I am happy to get 45 to 50 range. Lets hope it materializes. I like the pattern and will go long. Hoping the run to continue. Today was a nice day for a cheap entry as price retraced to the breakout line. This is just an opinion. Everyone must do their own homework before trading or investing in any financial assets.