$SBLK ready to push higher after printing a Pocket Pivot?Notes/Thoughts:
* Broke out of $29.87 once again this time with tonnes of volume and a printed a pocket pivot!
* With increased hedge fund activity it makes sense to get in now
* Has the relative strength and the UD Volume indicating that it's ready to move higher
Technicals:
* Sector: Industrials - Marine Shipping
* Relative Strength vs. Sector: 11.25
* Relative Strength vs. SP500: 10.98
* U/D Ratio: 1.24
* Base Depth: 21.77%
* Distance from breakout buy point: 1.98%
* Volume 106.73% above its 15 day avg.
Trade Idea
* The idea here is to play the pocket pivot.
* The pocket pivot seems to be valid as it's emerging from the 10/20 EMAs
* This seems like a good entry as it broke out from $29.87 with tonnes of volume and we can expect it to continue higher
* Managing risk tightly as I don't want to lose more than 4% on this trade
* If you're looking for a better entry you can look for an opportunity around the $29.87 area and manage risk accordingly
Buysetup
GoldViewFX - 1H CHART UPDATED LEVELS & TARGETS$Hey Everyone,
We have broken out of the GOLDTURN channel and then saw price support at 1961 providing another push up. As long as EMA5 stays above 1961, the upper levels will stay open for the open TARGETS.
1984 TARGET open due to EMA5 cross and lock with candle body close.
TARGETS - 1976, 1984, 1990, 1996
RETRACEMENT RANGE
1961
If 1961 is broken we will see lower GOLDTURNS open for target, however we will still remain BULLISH and will wait till we see deeper corrections with new Goldturn support to be created for us to continue to BUY dips again.
These significant GOLDTURN levels we pick out allow us to know when to pause before we continue to buy or sell and our strategy for this market condition to buy 20 to 40 pips at a time allows us a better chance to avoid getting stuck in any swings.
SWING RANGE
1952
1961 support is crucial to maintain upper TARGETS.
As always we will keep you all updated with daily updates on how we manage the range. Please don't forget to like, comment and follow to support us.
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 4H CHART UPDATED LEVELS & TARGET$$Hey Everyone,
We have updated the 4H chart Goldturn levels and we will now watch how EMA5 reacts to the immediate Goldturn support and resistance levels. As long as EMA5 is maintained above 1957 we will remain confident in buying dips and taking 20 to 40 pips at a time will allow us to get out safely with a better chance to avoid getting stuck in any swings.
TARGETS
1975, 1995, 2017
EMA5 cross and lock with candle body close gap to next GOLDTURN will confirm each level at a time. We will wait to see EMA5 cross 1975 to open the upper targets. Failure here we will see a challenge at 1957. EMA5 break below 1957 will change our 4H chart setup, as the lower targets 1939 will open up. However we will still remain within the Bullish swing range, which will still give us confidence to buy dips.
RETRACEMENT RANGE
1957
SWING RANGE
1939
We will closely observe the Goldturn challenges on this chart. As always we will keep you all updated throughout the week.
Please don't forget to like, comment and follow to support us, we really appreciate it.
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - WEEKLY CHART UPDATED LEVELS & TARGET$$Hey Everyone,
We thought we would share our weekly chart setup, as we have a long range gap that has opened up to 2034.
EMA5 has finally broken 1944 with last weeks candle body close confirming the lock to 2034. We have also broken out of the Goldturn channel confirming the Bullish setup.
Long range TARGET
2034
RETRACEMENT RANGE
1944
SWING RANGE
1876
Staying within the swing range will maintain our Bullish structure. A break below 1876 swing range on the weekly chart will change the Bullish structure. 1797 will open for target in which case we will review and update our setups to effectively switch direction to target the lower levels using our custom intraday levels on the smaller timeframes that we share daily with our members.
We will keep this chart in mind, as part of our overall plans and we will continue to break this weekly chart down on the smaller timeframes daily, so we can trade the range level to level.
Please don't forget to like, comment and follow to support us.
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - DAILY CHART UPDATEHey Everyone,
We had another awesome day of strategically collecting pips and avoiding any of the swings. We anticipated the retracement close of play yesterday, which played out perfectly and then we took buys from every support level to ride up to our signal target at 1978. BOOOM!!!
We thought we would close off the week before the holiday weekend with our daily chart setup. This chart was shared on April 10 for our long range AXIS TARGET with our Goldturn channel (our unique way of drawing channels). This chart is playing out perfectly! We have a AXIS TARGET at 1993 and a EMA5 close above 1993 will also see 2026 open for TARGET.
We want our members to keep this in mind while we break the smaller time frames down for our weekly report on Sunday to prepare us for the coming week.
Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - Market UPDATEHey Everyone,
As you can see we have been following this chart and setup all week and once again we called it HITTING ALL TARGETS$$$!
We have entered a new range and had a retest close to 1961 but supported at MA21. Would be nice to see a full retest at 1961 to continue with the BULL run. Even if we see price tank below 1961 with any volatile events, as long as EMA5 is maintained above 1961 it will maintain our strong BULLISH setup.
TARGETS
1984, 1990
RETRACEMENT RANGE
1969, 1961
SWING RANGE
1952
We want to keep it safe, as we never like chasing the BULL run from the front and therefore we always take our positions from support Goldturns and bank 20 to 40 pips at a time using our GoldViewFX custom Intraday levels that we share with our members daily.
Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
EURUSD Trade OpportunityA long trade opportunity has just presented itself on the EURUSD chart with a bullish engulfing candlestick pattern slightly above the 1.08094 Daily Horizontal Support Level.
This signals a Rejection of the support level and hence a buy trade; a 5.9 Reward-to-Risk Ratio is possible with a stop at 1.07998 and a target at 1.09523.
This is just my idea and not a piece of trading advice.
Happy trading!
$NVO giving another entry opportunity before moving higher?* Good earnings
* Very strong up trend in the long term
* Broke out of a ~4month base and now retested it as support
* Sector: Healthcare - Drug Manufacturers - General
* Relative Strength vs. Sector: 8.35
* Relative Strength vs. SP500: 2.56
* U/D Ratio: 2.21
* Base Depth: 26.05%
* Distance from breakout buy point: 1.01%
* Volume 145.18% above its 15 day average.
Trade Idea:
* Given the amount of volume that came in around $116.55, it seems like there's quite a bit of demand for this stock around this price.
* You can look to enter now as the price is very close to the broken base
* The U/D ratio indicates that the stock's under accumulation
* If you're looking for a better entry you can look to enter around $115.16
GoldViewFX - Market UpdateHey Everyone
All TARGETS HIT !!! 1961, 1969 and 1976.
We have also broken 1961 with EMA5 and candle body close, which opens the upper range. We will look for some retracement down to the 1961 level to confirm the movement up.
We have updated the targets and swing range,
TARGETS - 1969, 1976 AND 1984
RETRACEMENT RANGE BETWEEN 1952 AND 1961 (IDEALLY 1961)
SWING RANGE 1944
Markets are volatile and although we have targets above we must expect swings and therefore taking positions from support levels and banking 20 to 40 pips at a time will protect us from swing traps. We will now wait for price to establish on this range with some retest to start directly targeting those levels. EMA5 break and close above 1969 will confirm the upper targets again. As always we will keep you all updated with regular updates on any changes to our plans throughout the day.
Please don't forget to like, comment and follow to support us.
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - UPDATED LEVELS & TARGETS$Hey Everyone,
Another PIPTASTIC day !!!! We called it again with all our TARGETS hit with the final target at 1969 HIT perfectly!!
Price rejected at 1969 and saw it tank down to 1940 GOLDTURN, which was also inline with MA50. This gave another opportunity for the push back up again. Our plans to buy dips and bank 20 to 40 pips at a time has once again allowed us to bank profits and avoid any swing traps.
We need to see EMA5 break 1961 level to confidently open the upper range target 1969, 1976, 1984. We have had 2 historical attempts at 1969, where momentum took the price higher but without a EMA5 cross we saw price tumble back down. We need to keep this in mind before trying to catch the full stretch of the BULL RUN and this will allow us to differentiate between a breakout and a fake out of the upper range.
TARGETS - 1961, 1976, 1984
RETRACEMENT RANGE -1940 - 1944
SWING RANGE - 1931
We remain Bullish but considering the volatile conditions we expect swings. We will continue with our plans to buy dips to manage these conditions. When we see the market conditions change we will change our strategy on buying dips with 20 to 40 pips, but right now this is the perfect setup for this market.
As always we will keep you all updated with any changes to our plans. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 2H CHART UPDATED LEVELS & TARGET$$Hey Everyone,
Updated Goldturn levels and TARGETS
TARGETS - 1950, 1960
RETRACEMENT RANGE - 1928 - 1934
SWING RANGE - 1891
We remain Bullish and will continue to buy from support levels banking 20 to 40 pips at a time. Retracement range in mind for entries and swing range in mind to manage RISK.
EMA5 break and CANDLE BODY CLOSE above 1960 will open the upper RANGE. Rejection here will see price back in the swing range. We also have candle body close above 1960 opening target at 1969 - This is not as strong as a EMA5 cross and lock confirmation but still a gap. Sometimes momentum doesn't allow us to catch an EMA5 cross and lock gap, in which case the candle body close gives us an early heads up.
As always we will keep you all posted with any changes to our plans, please don't forget to like, comment and follow to support us.
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - DAILY CHART MARKET UPDATEHey Everyone,
Please see updated daily chart analysis.
We have drawn a channel using Goldturns, which is currently being respected by EMA5 and providing support. EMA5 is gearing for a MA21 cross this will provide the momentum needed for another push up. A failure to cross will see us test the swing range. Either way we have a long range Axis target at 1993, so any price drop into the swing range we will use as buying opportunities on the smaller timeframes, which we will share daily throughout the week.
AXIS TARGET 1993
SWING RANGE 1897
Should we see EMA5 cross below 1897 with a candle body close then we can expect further movement down to 1849. In which case we will wait for the deeper correction before continuing to buy dips again. Our strategy to buy and bank 20 to 40 pips at a time, dependant on the range, allows us safe exits should the market turn against us and then gives us a chance to get back in safely.
Please don't forget to like, comment and follow us to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
$HSIC looking to make the next leg higher!Notes:
* Solid earnings in the recent quarters
* Strong up trend in the long term
* Broke out of a base on base pattern
* Initially created a base of ~9 months, broke out and created a smaller base of ~4 week and is now breaking out again
* The ~9 month base was just above historical highs of $73.19 setting it as support
* Making new all-time-highs
* For the past 3 weeks it has been testing $87.55 as a new level of support with the volume drying up indicating that buyers and sellers are agreeing on this price
Technicals:
* Sector: Healthcare - Medical Distribution
* Relative Strength vs. Sector: 2.11
* Relative Strength vs. SP500: 5.05
* U/D Ratio: 1.79
* Base Depth: ~19.68%
* Distance from breakout buy point: 2.25%
* Volume 1.04% above its 15 day avg.
Trade Idea:
* You can look to enter now as the price is still pretty close to the broken level of $87.55
* Manage risk under $87.55
* If you're looking for a better entry you can look to buy around $88.72.
Waiting for some action on USDCHFI'm still waiting to see signals of an executable trade, I still have the same bias for the pair and am waiting for price to possibly test yesterday's low.
Should price test the area and provide some the signal I'll be going long. This falls into the cycle I see on a long term perspective (yearly).
GoldViewFX - 2H CHART MARKET UPDATEHey Everyone,
We have had an awesome week so far, trading the range Goldturn to Goldturn and buying dips from support levels.
We remain Bullish in the long term seeking out opportunities by managing ranges and in the event of consolidation ranges we have been buying and taking profits 20 to 30 pips at a time to avoid traps for the Breakouts or Fakeouts. This strategy prepares us for both outcomes.
2H CHART RETRACEMENT RANGE AT 1910
2H CHART SWING RANGE AT 1891
2H CHART TARGETS AT 1934, 1942
We need to see EMA5 break and close above 1960 to open the upper range again. A failure to cross and lock will see a rejection back into the lower range.
As always we will keep you all updated with any changes to our plans. Please don't forget to like, comment and follow to support t us.
GoldViewFX
XAUUSD TOP AUTHOR
$CLSN Long term PTs 40-50 and higher...Parabolic!Celsion Corporation, a clinical stage biotechnology company, focuses on the development and commercialization of DNA-based immunotherapies, vaccines, and directed chemotherapies. Its product pipeline includes GEN-1, a DNA-based immunotherapy for the localized treatment of ovarian cancer; and ThermoDox, a proprietary heat-activated liposomal encapsulation of doxorubicin, which is in development stage for various cancer indications. The company also has two feasibility stage platform technologies for the development of nucleic acid-based immunotherapies, vaccines, and other anti-cancer DNA or RNA therapies. Celsion Corporation was founded in 1982 and is based in Lawrenceville, New Jersey.
The Bullish Pennant! What are you Guys/ Girls Thinking of this?If confirmation happens, it looks like something big is about to happen right?
By the book, it's called a Bullish Pennant!
What is a bullish pennant? A bullish pennant is a technical trading pattern that indicates the impending continuation of a strong upward price move. They're formed when a market makes an extensive move higher, then pauses and consolidates between converging support and resistance lines.
$PIK Next Target PTs 8.20-10 and higherKidpik Corp. operates as a subscription-based e-commerce company that sells girls' and boys' apparel, footwear, and accessories. It offers apparel, including tops, bottoms, cardigans, jackets, dresses, and swimwear in knit and woven fabrication; shoes, such as sneakers, boots, sandals, and dress shoes; and accessories comprising sunglasses, jewelry, bags, socks, hats, and hair goods. The company serves its customers through its retail website, kidpik.com; Amazon; and clothing subscription boxes, which provide mix-&-match coordinated outfits that are personalized based on each member's preferences. Kidpik Corp. was incorporated in 2015 and is based in New York, New York.
$PKG ready to push higher?* Great earnings
* Strong up trend
* Breaking out of a 13 month base and retested it as support
* Sector: Consumer Cyclical - Packaging & Containers
* Relative Strength vs. Sector: 1.38
* Relative Strength vs. SP500: 3.17
* U/D Ratio: 1.28
* Base Depth: 21.42%
* Distance from breakout buy point: 1.9%
* Volume 14.3% above its 15 day average