AXS Swing Trade reboot.The Bullish OB failed to hold on the last setup so we are reassessing and this is my perspective now.
I bought in large at 45, and I will add some more to my pot if we come back down into this Order Block.
We may not reenter this zone, so another entry idea is to buy the breakout of the trend line.
Not financial advice. DYOR. Use proper risk management when trading!
And... Have an amazing day :)
Buythebreakout
Long on US 100 after resistance break and market driver
After 7+ validations and ~5% below record highs, the US 100 has broken an important resistance on the same day Senate GOP leader offered a short-term debt ceiling extension following Biden pressure.
There is a second hurdle to pass: Nonfarm Payrolls.
ULTA looking to make new all time highs!ULTA (Ulta Beauty, Inc) is testing resistance around the $355 area that dates back to mid 2019.
Fundamentally,
* It's undervalued with a PEG of 0.77
* Its earnings per share is expected to grow over the coming year.
Technically,
* General up trend
* Beta > 1 (following the general market trend)
* Broke above the resistance of $315 that dates back to 2017 and retested it as support
* It's approaching and testing resistance that dates back to 2019 and is looking to break through
Final thoughts:
* This is a good long term hold as the company is generally doing really well.
* It's currently undervalued, meaning it's actually worth more than the current price.
* Now would be a good time to get in if you're looking to hold this for the long term.
* If you're looking for a discount, look for buying opportunities around the $340 area
* If the price closes below $340 then look for buying opportunities around the $330 area.
Alternatively, if you like to buy high and sell higher, you can look for the price to make a weekly close above $355.36.
BTC/USD any pullback is a buyHi followers,
BINANCE:BTCUSD is up about 10% last week. Are we forming a new uptrend? What do you think?
While the bitcoin stays above 40,000$, any move down should be considered as a buying opportunity.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
$XEM Buy the breakout $XEMUSDTBuy the breakout of the falling wedge on the daily and MacD crossing bullish
$NDM Descending Channel - Currently BearishBearish currently with lack of volume. Currently bouncing between support and resistance. Stay out of the chop and buy the break out. As this is the largest mine in North America the price will grow in time but short time plays are within reach as it grows. Long term potential is amazing!
$FIRE Buy the breakoutSafest play here is to buy the break out of resistance. Make an alert and you can move on to your next play.