Is $AJG making the handle to its cup?Notes:
I last spoke about this on July 26, 2022 and since then gone up but came back down erasing almost all of the gains. If you didn't take profits earlier on its gap up that's okay as it seems like $AJG may be making the handle to its cup. Keep an eye on the $170 area as it should hold as support.
It seems now that the earnings reaction has passed it may bounce from here and continue its momentum. Based on its trend, volume and price level my radar is signalling a buy around this price.
Technicals:
Sector: Financial - Insurance Brokers
Relative Strength vs. Sector: 1.81
Relative Strength vs. SP500: 3.86
U/D Ratio: 1.28
Base Depth: 24.23%
Distance from breakout buy point: -6.5%
Volume 7.22% above its 15 day avg.
Trade Idea:
* You can enter now if you haven't already or add to your existing position as the price is coming towards support
* If you want to be a bit cautious you can wait a couple of sessions to see how the price behaves around this level and get in on a later potential buy signal
* I would personally suggest the later as it's a bit more of a defensive play
* This stock usually has local tops when the price closes around 9.35% above its 50 EMA
* Consider selling into strength if the price closes 9.15% to 9.55% (or higher) above its 50 EMA
* The last closing price is 3.9% away from its 50 EMA
Buysignal
Is $ATEN ready to come up on the right side of its base?Notes:
* Strong up trend since 2020
* Great earnings track record
* Basing for the past ~9 months
* Just broke back above IPO highs of $14.9 on the monthly time frame and retested it as support
* Recently came above its 200 day line and now coming above its 50 day
* Showing strength and accumulation
* Printed a pocket pivot in the last session indicating institutional demand
Technicals:
Sector: Technology - Software - Infrastructure
Relative Strength vs. Sector: 23.55
Relative Strength vs. SP500: 4.61
U/D Ratio: 1.59
Base Depth: 50.68%
Distance from breakout buy point: -18.94%
Volume 5.58% above its 15 day avg.
Trade Idea:
* This is offering a low risk entry so you can enter now as the price is still close to its 50 day line and just retested $14.9 (Historical highs) as support
* If you're looking for a better entry you may be able to find one around the $14.9 area as that should hold as support moving forward
* This stock usually has local tops when the price closes around 17.84% above its 50 EMA
* Consider selling into strength if the price closes 17.64% to 18.04% (or higher) above its 50 EMA
* The last closing price is 6.26% away from its 50 EMA
GJ ( GPYJPY ) Tuesday Equity open Entry 2nd August buy limitAnalysis conclusion is made by seeing the Bullish Momentum, ICT Model can be applied. Ive seen this happen before in my backtesting I'm overall confident even though we are opposing the trend for this Scalp
we can target the 1 Hour Range EQ ( 50% ), im going to move SL To entry as seen at 1:1 and im targeting the Institutional level which also sits at a 15M Orderblock.
Feel free to join in the trade and let me know if you have any questions.
$FPI is coming up on the right side of its base!Notes:
* Strong up trend
* Not the best earnings record but the last report was really good
* Creating a base within a base
* Recently broke above historical highs of 14.42
* Increasing volume since the last earnings report
* Recently bounced off of the 50 day line with bullish price action and volume
Technicals:
Sector: Real Estate - REIT - Specialty
Relative Strength vs. Sector: 1.23
Relative Strength vs. SP500: 2.49
U/D Ratio: 1.25
Base Depth: 22.36%
Distance from breakout buy point: -9.29%
Volume 57.34% above its 15 day avg.
Trade Idea:
* You can enter now as the price is just coming off of the 50 day line with increasing volume
* If you're looking for a better entry you can look for one around the 14.42 area as that should serve as support moving forward
* This stock usually has local tops when the price closes around 18.47% above its 50 EMA
* Consider selling into strength if the price closes 18.27% to 18.67% (or higher) above its 50 EMA
* The last closing price is 4.8% away from its 50 EMA
$CI is breaking out of a ~14 month cup with handle pattern!Notes:
* Very strong up trend on all time frames
* Great earnings track record
* Breaking out of a ~14 month cup with handle pattern
* It did break out before but then pulled back (seems like a shakeout)
* Now it's been in a tight range just above the broken resistance creating new support
* The last session printed a pocket pivot indicating institutional buying
Technicals:
Sector: Healthcare - Healthcare Plans
Relative Strength vs. Sector: 5.55
Relative Strength vs. SP500: 28.95
U/D Ratio: 1.77
Base Depth: 43.95%
Distance from breakout buy point: 1.09%
Volume -5.44% below its 15 day avg.
Trade Idea:
* You can enter now as the price is just above the broken resistance with the last session being a pocket pivot
* If you want a better entry you can look for one around the 270.1 area
* This stock usually has local tops when the price closes around 9.18% above its 50 EMA
* Consider selling into strength if the price closes 8.98% to 9.38% (or higher) above its 50 EMA
* The last closing price is 3.9% away from its 50 EMA
EURUSD Buy setupeurusd was in drop against dollar index from a very long time and Eur found a strong support area
market bounced up from that support area
now market has to recover till next resistance zone before another bearish rally
look for bullish confirmations on lower timeshares and buy EURUSD with proper money management
patience is the key
GBPJPY Long opportunity gbpjpy went as we predicted last weak
now market is at strong support area and its a demand zone also
look for bullish confirmation on lower time frames and buy GBPJPY from that area with proper money management and risk to reward ratio
always remember that patience is the key
BTCUSDTHello, I hope we have a good trading week.
In the weekly time frame, we took a different look at Bitcoin... Isn't it interesting!?!?
In terms of price action, we should return to the $63,000 price range once again, do you think we will have this return before seeing the $16,000 price range!?!?
Two patterns are formed together. We have a risk to reward of 1 to 7, it seems worthwhile.
We would be happy to hear your comments
XELA Exela Technologies Upside PotentialI know my last call on XELA was bad and i was expecting a breakout when they "surprised" us with a reverse stock split.
But now it look different!
Rising volume on price going lower, so a bullish divergence at all time low.
52 Week Range $1.35 - $70.80
My price target is the $8.50 resistance.
Looking forward to read your opinion about it.
Total market cap roadmap for next 2 years.Hello
now i show you total roadmap for next 2 years. if the price goes above red triangle until December we say crypto winter is ended. but if the price comes under triangle and supported by another triangle we have a good chance to buy cryptos at great discount.
Swing Trading (RK)Best Swing Trading Strategy for 1Hour
Note:- 3 Conformation After Buy or Sell
How to Buy (Bullish Crossover)
01. RSI Bullish Crossover
02. MACD Bullish Crossover
03. 14 SMA Abov Close Green Candle
How to Sell (Berish Crossover)
01. RSI Berish Crossover
02. MACD Berish Crossover
03. 14 SMA Blow Close Red Candle
Do you think there will be an uptrend or a downtrend!? (XVSUSDT)Hi(: Have a profitable day
Do you think there will be an uptrend or a downtrend!?!?
We must not forget that we have an event in Toronto on July 6, but on the other hand, the Ingulf area should not be ignored!
In such a situation, the best thing to do is to wait. If the price movement is higher than the price range of $7, there is a possibility that the price will increase to the blue range.
But if the upward trend line of orange is broken downwards, the possibility of price reduction to the yellow range is not out of mind at all!
We are very happy to share your comments with
DOCKUSDTHi dear friends
In your opinion, the possibility of forming a head and shoulder pattern is not reversed!?!
On the daily time frame, it has reached an important range, we have a positive divergence of the RSI, the bulls have consumed the ranges nicely in the uptrend.
The possibility of a reaction in the yellow range of $0.01592 is very high. By observing the specified loss limit, there is a possibility of forming an upward trend up to the white range ($0.02756).
We would be very happy to hear your comments