new fantom update : We have a nice descending flag, last night the price broke the flag, and now we're on its pullback. This setup has an efficient risk/reward ratio.
Ratnamani Metals gave a perfect breakout today of cup with handle pattern. All levels on the chart. This is a good stock for medium term. Accumulate it on dips.
QS has been in a downtrend for quite some time now but is forming a massive falling wedge (bullish). QS has strong resistance at the $32.74 level as well as the $39.27 mark. Bollinger bands are also squeezing and buyer volume is starting to pick back up as we've been seeing a general rotation back into growth stocks in the market. Will be looking for QS to break...
Long term up-trend on the weekly and monthly charts Due to break out of a 4 month breakout At all-time-highs Volume coming in to push the price higher Final thoughts: Look for buying opportunities around the 157.30 to 157.80 area. OR Wait for a break and hold above $160.14
Stock has given highest weekly weekly close with good volumes.
Watching current price as it sits at a key resistance level in this consolidation. A break higher could trigger a measured move higher (at the least).
Looking to enter shorts on a pullback retesting broken ascending TL in confluence to the 0.5-0.618 fib retracement zone and previous area of support which is now key resistance.
We could be seeing a breakout soon. Needs a daily close to confirm and price to watch (for me) is 220. Not trading advice.
If bears fail to break current levels 24.80 - 25.40, I think we could see a rally to test 28.30 which I think is a key level to breaking out to new highs. I'm trying to enter in early in anticipation of that breakout which is a bit risky. Again no guarantees as I think market may continue sideways within current trading range but I think the buying pressure is...
Textbook pattern in play and price about to test resistance trend line. Personally, the price I am watching is 1,930.
Market's been trading in this descending channel since January and right now in a bull leg putting pressure against the resistance trend line. If we are to see more USD strength (the dollar has been on a tear lately), then this could be a nice breakout setup. Watching that 1.26 level like a hawk...
Very simple chart to show a market premise... Needs a daily close and some form of follow through. I'm wary of false breaks at this point due to BTC potential volatility into the weekend. Be careful out there.
ETH has been a test of patience lately and has been in this sideways price action since 08-MAR. We did see a test of key level (1,930) but nothing came out of it but more sideways. However, something tells me we may be about to see another test of 1,930 soon, especially if we see a break above current price levels. Note that many traders are probably looking at...
Looking like this may have bottomed. Waiting for a breakout of consolidation to go long with 536.00 as target. That is a huge move so really watching this one. Not trading advice. DYOR.
Here's what's cooking in the forex front. Just waiting for a confirmed breakout here. Measured move to 131 handle and a second target near the 132 handle which is a weekly resistance level. Not trading advice. DYOR. TAYOR!
I think 0.055 is all that stands between VET and the new ATH. Need a daily close above said level to confirm but with the current bullish momentum, I'd take a 4H close as a leading indicator of what's to come ---> new ATH! If his materializes, a move to 0.073 would be an easy near term measured target.
It's been a tough couple of weeks trying to push bullish scenarios but this is normal when markets go sideways. Sideways or trading ranges have momentum too so it will keep doing the same until it ceases to do the same. Right now, we re at the bottom of a falling wedge and price is breaking below trend line support. A false break here could propel the price...