ET Insider Buy Signal & Technical BullishAnother interesting signal from the oil sector was generated yesterday by our directorscope AI system.
With a risk / reward ratio of 5.3 over the medium term, this could be a good trade.
Elliott Wave Analysis: The stock could be inside a wave 3. And within the wave in an intermediate correction. With current impulses from the oil price, the interim correction could now be over.
RSI shows at this points divergence behavior, which is bullish in short term as well. Stochastic indicator shows neutral levels.
We set a small position (0.5% of the portfolio value) with a very tight stop.
Keep in mind, this stock is highly depending on oil prices.
Buying
MTDR Insider Buy Signal & Technical BullishOur directorscope AI system generated yesterday a significant buy signal for MTDR.
Todays technical analysis shows, that this could be an interesting trade opportunity with a risk/reward ratio of 4.
Elliott Wave Analysis: The stock is inside a wave 4. Fibonacci Analysis shows, that the typical correction level is reached and the final wave 5 could start now. RSI shows at this points divergence behavior, which is bullish in short term as well. Stochastic indicator shows oversold levels.
We will open the trade for ourselves with a small position and risk 1% of the portfolio value.
Keep in mind, this stock is highly depending on oil prices.
VEDL Aluminum processor.
Being that we are in a commodity super cycle im looking to play this one long as the price of metals continues to rise. there is a projected shortage in the Aluminum market and seeking a company that has the ability to mine the product
DSS Buy cheaper than insidersOn 6/15/2021 Heng Fai Ambrose Chan, Director of Document Security Systems Bought 1,000,000 shares at a price of $1.70 per share, for a total of $1,700,000!
Now the price of DSS is 1.31usd.
On 6/24/2020 Aegis Initiated Coverage on DSS with a Buy rating and a price target of $14.00, but they kept diluting their shares and never finalized the Impact IPO.
EUR/AUD BUYING OPPORTUNITY !! #LONGFOREXCOM:EURAUD
EUR/AUD giving signs of buying! Bullish trend likely to continue!! Buying is recommended.
Find Buying zone, SL and Targets below;
Note: Please do your own research before taking any trade.
Buy: 1.59600-1.59700
Stop Loss: 1.58900
1st Target: 1.61350
2nd Target: Will be updated later
EUR/USD TOWARDS POSSIBLE REVERSAL !! TIME FOR LONG !!EUR/USD Is Certainly Near The Reversal Which Means That Eur/Usd will Possibly Rise therefore its a BUYING/LONG OPPORTUNITY.
The reversal often takes a few legs before occurring therefore a strict Stop Loss level is suggested as well. Find the Buying zone, Stop Loss and Targets below!
Note: This is for education purpose only. Do your own research before any action!
Buying-Zone : 1.18250-1.18300
Stop Loss: 1.17920
1st Target: 1.20730
2nd Target: Will be discussed on updated part
Looking VET for breakout in next weeks Looking for VET to breakout in same point in next few weeks or months, depend what Bitcoin will do. But i bet on upside.
$CLF averaging up once again*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My teams original entry for $CLF is at $13. We averaged up on 5/23/21 at $18.06. On 6/10/21 we hit our take profit 1 at $24 per share and secured most of our profits.
My team averaged up once again on our remaining positions yesterday before the market closed at $20.60 per share. My team still plans to close this trade completely once our trade reaches our take profit 2.
Investors still looking for positions should be advised that $CLF may retest our red trendline before this occurs...but current shareholders have no reason to be concerned with this scenario for it will offer additional buying opportunities.
If you want to see more, please like and follow us @SimplyShowMeTheMoney
S&P: A Recovery ?!Following the FOMC, US stocks went agressively down with the Gold and the EUR. However, a recovery is always expected on the S&P500 as it is on any index fund such as the russel2000 which also has seen a big downward movement.
Technically, a second rejection can be expected on the strong round 4200 support forming a double bottom pattern adding more confirmation to our support and thus to our buying setup.
Until then, trade safe !
Progenity (PROG) situationProgenity Inc is a biotechnology company. It is engaged in developing and commercializing molecular testing products as well as innovating in the field of precision medicine. Revenue source is from Innatal, Preparent, and pathology molecular testing.
Recently announced $40 Million Private Placement (8-k)
Launches strategic transformation by eliminating costs of Progenity Genetics Lab and focusing on robust, innovative R&D pipeline.
With focuses on:
--> Cost-Focus
--> New opportunities and innovation
--> Continued development of GI-targeted therapeutics and oral biopharmaceuticals delivery system (OBDS)
A variety of "Analysts" state that PROG is either a buy or hold as they expect increases in revenue and EPS
Insider (Athyrium) buying since the 3rd around $47 millions dollars
A new fraud case has been opened against Officers and Directors of Progenity for over billing the US government by 10.3 million dollars
ADA/USDADA/USD
. There is a possibility of temporary retracement to the suggested support line (1.7387).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ADAUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 60,.
NI225 Breakout anticipation I see ascending triangle so have placed buy stop above resistance because I'm anticipating the resistance level to be broken, I have a hedge order to reduce drawdown and a buy limit to scale in if it goes against me too.
USD/JPY correlation also supports this breakout idea as its showing a descending triangle