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Buythedip

Double-Top Coming For Ciena?Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on February 15, 2022 with a closing price of 68.53. If this instance is successful, that means the stock should rise to at least 69.51 which is the bottom of the larger green box. Three-quarters of all successful signals have the stock rise 8.261% from the signal closing price. This percentage is the bottom of the smaller green box. Half of all successful signals have the stock rise 17.521% which is the end point of the black dotted arrow. One-quarter of all successful signals have the stock rise 27.504% from the signal closing price which is the top of the smaller green box. The maximum rise on record would see a move to the top of the larger green box. These are the same concepts for the levels in the red boxes as well. The ends/vertical sides of the boxes are determined in a similar fashion. The peak of the rise can occur as soon as the next trading bar after signal close, while the max rise occurs within the limit of study at 35 trading bars after the signal. A 1% rise must occur over the next 35 trading bars in order to be considered a success. Three-quarters of successful movement occur after at least 9 trading bars; half occur within 20 trading bars, and one-quarter require at least 31 trading bars. The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement. As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play).
NYSE:CIENLong
by StockSignaler
Separate Buy Signals for Tempur SealyBased on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on February 18, 2022 with a closing price of 37.08. If this instance is successful, that means the stock should rise to at least 37.42 which is the bottom of the larger green box. Three-quarters of all successful signals have the stock rise 6.508% from the signal closing price. This percentage is the bottom of the smaller green box. Half of all successful signals have the stock rise 11.562% which is the end point of the black dotted arrow. One-quarter of all successful signals have the stock rise 19.856% from the signal closing price which is the top of the smaller green box. The maximum rise on record would see a move to the top of the larger green box. These are the same concepts for the levels in the red boxes as well. The ends/vertical sides of the boxes are determined in a similar fashion. The peak of the rise can occur as soon as the next trading bar after signal close, while the max rise occurs within the limit of study at 40 trading bars after the signal. A 0.5% rise must occur over the next 40 trading bars in order to be considered a success. Three-quarters of successful movement occur after at least 13 trading bars; half occur within 29 trading bars, and one-quarter require at least 37 trading bars. The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement. As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play).
NYSE:TPXLong
by StockSignaler
CCI has light at the end of this tunnelBased on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on February 18, 2022 with a closing price of 162.34. If this instance is successful, that means the stock should rise to at least 171.32 which is the bottom of the larger green box. Three-quarters of all successful signals have the stock rise 15.282% from the signal closing price. This percentage is the bottom of the smaller green box. Half of all successful signals have the stock rise 18.349% which is the end point of the black dotted arrow. One-quarter of all successful signals have the stock rise 28.872% from the signal closing price which is the top of the smaller green box. The maximum rise on record would see a move to the top of the larger green box. These are the same concepts for the levels in the red boxes as well. The ends/vertical sides of the boxes are determined in a similar fashion. The peak of the rise can occur as soon as the next trading bar after signal close, while the max rise occurs within the limit of study at 35 trading bars after the signal. A 1% rise must occur over the next 35 trading bars in order to be considered a success. Three-quarters of successful movement occur after at least 14 trading bars; half occur within 27 trading bars, and one-quarter require at least 31 trading bars. The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement. As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play).
NYSE:CCILong
by StockSignaler
3
FB: How (wisely) to BUY the DIP?Hello traders and investors! Let’s see how FB is doing today! Some may say it is never wise to try to buy the dip. Let's see if this argument makes sense. After earnings, FB is in a very strong bear trend, and it seems there’s nothing to help it. However, if you want to buy the dip, there’s a right way and a wrong way of doing it. Always avoid buying something only because it “dropped too much”. We can’t possibly know where the bottom will be, but eventually, the charts will give us clues when the bear trend starts to get exhausted. A bear trend is defined by lower highs/lows, and as long as we see this pattern, FB will not be a buy. To be honest, it is not a sell either; as it seems it is too late (the moment to sell was near $ 350). What could change things? If it does a higher high followed by a higher low, it’ll do something new that will break the bias. What’s more, there are many bullish chart patterns that could appear in the next few days/weeks that could work as bullish reversal patterns (for example: Double Bottom, Cup&Handle, Inverted H&S, etc.). It is not wrong to try to catch the dip, but if you have a strategy, and if you use the charts to do the proper risk management, everything will be alright. Now, let’s look at the weekly chart: Yes, FB lost its two last supports, and it seems it wants to hit the black line at $ 207, our next support. When you are waiting for an opportunity to catch the dip, it is perfect to see a good bullish reversal reaction near a strong support level. If FB reacts near the black line, the risk/reward ratio would be good, and it makes sense to try to get advantage of some exhaustion. To sum up, look for a clear bullish reversal, preferably, near a support level. The risk reward ratio would be attractive, and you won't buy only because your "gut feeling" is telling you. In this circumstance, it is very wise to try to catch the dip. Remember to follow me to keep in touch with my daily studies. Have a good day.
NASDAQ:META
by Nathan_The_Finance_Hydra
14
Will it be lower? Many things tell me YES! 🆘🆘☠️XRPHello everyone, We are approaching a very strong, downward trendline, from which we bounced twice lowering the price. It is very likely that it will be the same at this point. ONCHAIN ​​data shows that a lot of BITCOINs have been deposited on exchanges. Which could mean a whale play with this trendline to dips. My first target is $ 0.51, if the candle closes below I expect an elevador down. A conference on the regulation of stablecoins is to be held on February 15. I predict negative information, which will contribute to further downhill rides. Even around $ 0.35, where there will be capitualation. Many people think that this is a hole, but in my opinion it is not the end of the downhill ride. Cryptocurrencies are the future and they will do anything to get you out of here :) Comment and like, Greetings
Short
by SayMoney
5
Do it like GreeceStudy the greek economy & politics from the period 1990-2012 and you might find a lot of similarities with that is currently happening in the US. Greece experienced a credit boom from 1990-2008, people however were living above their means. We faced the biggest bubble in Greece's economic history during the 1999 when everybody was playing the stock market! and i mean everybody! i remember my father telling me that the biggest sign he saw that the bubble was about to pop was when his mother in law (late 99) came and told him that she wanted to play the stock market as well! When he asked her why she replied: because the other granny across the street is making money... That was the sing! who the hell was left to buy???? Then the bubble popped together with the .com bubble but people were not selling in the contrary in 2003 they start borrowing and selling their houses,farms whatever they had and played all in! because in their mind and in the media that was the bottom! The ultimate buy the dip!!!then we had the golden age of modern Greece! Various outstanding sports events wins! like the Euro 2004, beating the US Basketball Team, and the cherry on top hosting the Olympic Games of 2004, oh boy euphoria was back in the game and this time for good! We were borrowing more and more money to live a life we could not support! our debt got bigger and bigger but when the 08 housing market popped it was time for us to pay our debts! You know what happened next! check the graph here (www.capital.gr) but only till 2012 because then we had to recapitalize our banks 4 times so the graph is not representative of the whole market. From a political perspective the 2 biggest political parties left and right had to form a government together in order go through this tough period. Our debt was restructured and taxation went sky high! especially for the middle class who paid the majority of the bill! How are things now? well we sold almost all our assets to foreign investors/countries for peanuts! we got used after 10 years to a -50% income and prices are something like 100%-200% higher than 2000...
SP:SPXShort
by Philoslother
BTC Multiple Price Level ProjectionBitcoin is at a strong demand level where investors, traders, and institutions, will decide to accumulate or drop to its next support level BTC: Currently watching the 30k level for a bounce to test 40k We will most likely see some consolidation during an accumulation period between the 30 and 40k levels as we did in the summer of 2021. This could go on for months BTC could possibly break 30k, where it would then test the trend line and have a bounce or if it does break the trend line, move down to the 25k level We will know we are in a bull market when BTC can hold above 42k. This level has acted as a very strong support and resistance zone
BITSTAMP:BTCUSDLong
by ShannyNova
Potential 2018 style bottom for ARKW in placeThe ARKs have had it rough the past year and I know of the comparisons to the tech bubble pattern, which does look scary. But as ARKW shows here, it hasn't broken it's long term trend yet and it could present a buy opportunity. I copied the pattern from 2018 and pasted it here to show a possible bullish path that ARKW may take. This pattern makes sense to me: You have ARKW bouncing at the bottom of this channel all times except once, the covid drop, and now we have a reversal in progress that was triggered right at channel support. The most over sold weekly RSI since 2016 and incredibly bearish sentiment. 200 day EMA (pink line) just almost touched the price, last time it touched was the covid bottom. That covid oversell out of the channel caused it to sling shot into an overbuy out of the channel, which then triggered this year long punishment for the ARKs. Investors likely are going to be afraid of holding the ARKs long term after this drop, so ARKW would slow down around 125 (if it can get there) as people start to trim their positions. As it runs out of investors trimming, it breaks out and flies. This could take as long as near the fall of this year though. If ARKW breaks below this channel and stays under the 200 EMA, then I would start getting worried and risk off. It has to move as fast as possible to 125 to start to give confidence again, I'm hoping to see it there by spring time and consolidate as it hits the 50 and 21 EMA. Good luck to all the bulls. Note: There's a high probability that a long-term speculation like this doesn't play out exactly as I say, since there's always unforeseen events that can happen. Make sure to manage your own risk!
AMEX:ARKWLong
by Lynxys