$T - Unorthodox Breakout Trade ThesisHistorically, $T is an extremely slow mover, which is why I was kind of shocked to see it as a potential breakout trade candidate.
For whatever reason, $T keeps aggressively rejecting off of 24.22, meaning that once these sells are cleared out, we're likely clear up to 24.64! Once 24.64 clears we see 25.00 rather quickly.
Although this move seems tiny on paper, if you play it with options, you can easily bag 200% gains in the blink of an eye.
If we clear 24.22, consider grabbing 12/23 24Cs or 12/23 25Cs, depending on your risk tolerance. GLHF!
Breakoutsignal
$PYPL - Back to the Scene of the CrimeSince it's large fall from grace, $PYPL has been rangebound from 179 to 193.
We've briefly poked our head above 193, only to get shoved back into the channel and resume trading there.
We're right back at this key 193, and therefore $PYPL is back on watch for us.
A break AND hold above 193 has the potential to take us to to the supply zone at 201 rather quickly. A failed break likely takes us back down the channel to 179.
BITCOIN/ US DOLLAR INDEXHello Guys,
I made a simple analysis for BTC/USD Index
I just purchased BTC at 51k, and I hope Santa will be coming and show the 100k soon!
Because the green dot with vumanchu indicator has been shown..
I reckon you guys to buy now before It is too late!
Happy trading you all!
Merry Christmas you all!
Thank you!
Critics and comments are super appreciated!
PS: This is not financial advice. Please DYOR before entering the market.
ELON Breaks above resistance trend lines; eyes higher levelsOur internal bot pushed a signal to us 9 hours ago about $ELON. At that time, we wanted to hold out and wait to see if it would be successful in breaking above the resistance trend lines.
Fast forward a few hours and ELON has punched above both resistance trend lines giving us the green light. We are targeting higher levels at round numbers 150, 1600, 1700, & 1900.
A move below 1150 would negate this idea as price would be pushing back below the old resistance turned new support lines.
COCOS/USDT, MOONING?Things are getting exciting with COCOS, forming a symmetrical triangle while breaking a huge triangle on the 4H frame.
As I mentioned before, the confirmation is closing above 2.7
General Electric Company (GE) breakout the PennantThe technical figure Pennant can be found in the US company General Electric Company (GE) at daily chart. General Electric Company is an American multinational conglomerate incorporated. Until 2021, the company operated through aviation, power, renewable energy, digital industry, weapons manufacturing, locomotives, and venture capital and finance, but has since divested from several areas, now primarily consisting of the first four segments. The Pennant has broken through the resistance line on 22/12/2021, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 10 days towards 100.98 USD. Your stop loss order according to experts should be placed at 88.17 USD if you decide to enter this position.
With a market capitalization of $98.8 billion, General Electric currently stands to gain from solid contract wins, acquired assets, a strong liquidity position, and the restructuring of its portfolio. However, supply-chain hurdles are likely to remain concerning.
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WMT Ascending Triangle tradeMassive ascending triangle forming. You don't want to miss out on this one
I would wait for a few more days to see if it is following the pattern. If it stays in the pattern until mid-late January, it will breakout hard to at least $150 if not even higher.
Just keep watching the chart. Don't act on emotions, don't act recklessly, don't be rash. I am personally going to buy calls if the pattern holds until Jan 20.
This is not financial advice, I am not an investment advisor, these are just patterns I see.
$SPOT - Breakout Trade Thesis$SPOT gives us the opportunity to play a breakout trade at these levels.
Look to go long if we get a breakout over the 238 level. PTs are 245.50 and 256.60. If all goes well we should capture an easy 8% move.
Look to go short if we get a breakout under the 216 level. This entry is less likely but it could lead to us catching a swift trip down to 211.
$NKE - Intricate Weekly Trading PlanHey all! Just gonna get right into it.
Dips at 166.62 should be bought. Dips at 164.75 should REALLY be bought. Very high chance we bounce at both of those levels and capture a clean 6.5% move intraweek.
A break of 173.35 will likely lead us to 175, and then ATHs. I'm less confident in trading this break simply due to the formation of lower highs. I'm afraid the break will get stopped in its tracks.
A loss of 164.75 will be violent, so have your stops set. If we lose 164.75 look to swap to puts FAST. Not too sure where the bottom will be on this one.
GLHF everyone!
$SBUX - Weekly Breakout CandidateHey all!
Fairly standard breakout trade for you all! $SBUX has been attempting to break this 117.3 level for a while, and with the way futures are looking, it looks like this week will finally give us our breakout.
A break of 117.3 will likely propel us up into the 120s, so I'll be taking some 12/17 120Cs for this trade!
Excited to see how this one plays out! I wont be entering a position until we break and hold 117.3. GLHF!
Ford Breaking Out of Consolidation? Fib Levels Explained!F
Fords most recent 1 month consolidation as seen below:
In this video I review the fib levels that were respected throughout the trading day on Friday Dec 10th, 2021. Ford has now attempted a breakout of consolidation and has witnessed an increase in trading volume and bullish call volume. I would like to focus on the TA portion of Fridays bull run, specifically the fib levels and noting that the .618, .382, and .286 were mostly used upon retracement.
Putting in a Limit Buy Order on Jasmy Coin @ .0737 CentsTraders,
Those of you who are my paid substack subs know that I stopped out of Jasmy a week or so ago. I have since been looking for a new area to re-enter. I believe we are near our new target down. I have placed a buy limit at .0737 cents.
Swing targets remain .27/.28 cents up to .39 cents.
I hope to capture my buy price tonight or tomorrow night. If I don't get in at that price, I will re-assess and re-evaluate the charts at that point.
Best of luck traders!
Altcoins looking attractive again. Here's what I am seeing.In this video:
* I review the altcoins that I am seeing look attractive at this point
* I discuss strategy in entering back into the market
* Dollar cost average in
* Don't put all of your trade cash into any one crypto or exchange
* Why some altcoins are looking especially attractive
#OCEAN/USDT LONG CALLBTC HOLD 51K LEVEL AS SUPPORT, #OCEAN looking strong here for long entry use max lev 5x with a tight SL of 0.898
DIAMOND BREAKOUT IIThe asset has now arrived at a great load-zone. historically BCD has made great bull runs from these levels to BTC pair. this is a worthy swing for mid/long term.
Previously...
Fakeout or Breakout? The Shiba QuiverMany of us including myself were skeptical about SHIBA ever blowing up, when it overtook doge I got ready to open a short. Now that Shiba has broken out of the downward channel it's been trapped in for a while, I must ask the question: are we looking at a change in direction or is it just a false alarm?
Skepticism in hand, there are a few news articles popping up about places accepting SHIB.
Mac D is down and RSI has room both ways.
I'm neutral on this, I'd love to know your thoughts below what you think will happen, and why.
If we bounce on the green resistance and start to look up and steady, I might jump in and take a long shot, but it's not looking likely.
This is most definitely not financial advice.
Any input or criticism is always appreciated.
Good day :)