Get started

Buyzone

$UCO ready to go higher after retesting broken resistance?Notes: * Strong up trend due to macro situations * Printed a Pocket Pivot as it bounced off of broken resistance * Looks good on multiple time frames Technicals: Sector: Exchange Traded Fund Relative Strength vs. Sector: 3.02 Relative Strength vs. SP500: 4.05 U/D Ratio: 1.62 Base Depth: 56.08% Distance from breakout buy point: 4.42% Volume 37.69% above its 15 day avg. Trade Idea: * You can enter now as the price just bounced off of the broken resistance with higher than average volume * If you're looking for a better entry you look to buy around the $52.20 area * Manage risk accordingly
AMEX:UCOLong
by HaseebKhan_90
$WCC ready to go higher?Notes: * Great earnings in the recent quarters * Strong up trend in the long run * Price has been increasing along with volume * Breaking out of a ~7 month base with higher than average volume * Also breaking out with a pocket pivot Technicals: Ticker: $WCC Sector: Industrials - Industrial Distribution Relative Strength vs. Sector: 86.62 Relative Strength vs. SP500: 54.48 U/D Ratio: 1.05 Base Depth: 31.68% Distance from breakout buy point: 2.1% Volume 64.84% above its 15 day avg. Trade Idea: * You can enter now as the price just broke out of the base and is still close * If you're looking for a better entry you can look for one around the $139.2 area as that should serve as short term support * Manage risk accordingly
NYSE:WCCLong
by HaseebKhan_90
$ASH ready to move higher?Notes: * Great earnings track record * Very strong up trend * Pays out dividends * Breaking out of a ~7 month base with higher than average volume along with printing a pocket pivot Technicals: * Sector: Basic Materials - Chemicals * Relative Strength vs. Sector: 4.49 * Relative Strength vs. SP500: 6.32 * U/D Ratio: 1.38 * Base Depth: 29.41% * Distance from breakout buy point: 0.42% * Volume 205.16% above its 15 day avg. Trade Idea: * You can enter now as the price is just breaking out with high volume * If you're looking for a better entry you can look for one around the $108.63 area * Manage risk accordingly
NYSE:ASHLong
by HaseebKhan_90
$FBRT ready to move higher?* Coming up on the right side of its base * Picking up on volume as it ascends in price * Broke out of its inverse H&S pattern earlier and now is in a tight consolidation * Three consecutive pocket pivots * Forming a bull flag Technicals: Ticker: $FBRT Sector: Real Estate - REIT - Mortgage Relative Strength vs. Sector: 6.65 Relative Strength vs. SP500: 5.77 U/D Ratio: 1.91 Base Depth: 34.91% Distance from breakout buy point: -4.67% Volume 21.91% above its 15 day avg. Trade idea: * You can enter now as the price is still consolidating. * Reason for entry is that the stock has been printing pocket pivots for the past three sessions in a row. * This shows signs of accumulation which can also be seen in the high U/D ratio value. * Manage risk accordingly
NYSE:FBRTLong
by HaseebKhan_90
$MUSA breaking a ~5week base. Can it move higher?* Very strong up trend since inception * Great earnings in the recent quarters * Breaking out of a ~5week base * Pays out increasing dividends * Has lots of accumulation indicated by the U/D Ratio Technicals: Sector: Consumer Cyclical - Specialty Retail RS vs. Sector: 2.7 RS vs. SP500: 6.71 U/D Ratio: 1.66 Distance from breakout buy point: 0.17% Volume 9.58% above its 15 day avg. Trade Idea: * You can enter now as the price is just above the broken resistance * If you're looking for a better entry you can look to buy around the $245.9 area as that should serve as a short term support
NYSE:MUSALong
by HaseebKhan_90
$AVD breaking out of its ~14 month base * Broke its historical resistance of $23.55 which dates back to 2006 with tonnes of volume behind the move Technicals: * Sector: Basic Materials - Agricultural Inputs * Relative Strength vs. Sector: 52.33 * Relative Strength vs. SP500: 8.92 * U/D Ratio: 1.61 * Base Depth: 71.26% * Distance from breakout buy point: 2.35% * Volume 196.27% above its 15 day avg. Trade Idea: * You can enter now as the price is really close to the broken resistance of $24.25 * If you're looking for a better entry you can look to enter around the $23.85 area or even a retest of $23.55 seems likely. * A retest of this area ($23.55 to $23.85) would indicate that buyers are willing to push the price higher. * Next historical resistance comes in around $27.9
NYSE:AVDLong
by HaseebKhan_90
$FLMN: Making a bullish pennant!* This pattern has until June 13th to break out to either side. * Looks good on all time frames * The measured objective of this pattern would be around the $10.19 area. There will be some historical resistance around the 8.16/27 area which may see some selling pressure. Technicals: Sector: Energy - Oil & Gas E&P Relative Strength vs. Sector: 1.17 Relative Strength vs. SP500: 4.09 U/D Ratio: 1.14 Base Depth: 15.91% Distance from breakout buy point: -5.88% Volume -32.44% below its 15 day avg. Trade Idea: * Wait for a break above the pennant resistance before entering. * You can also look to enter around the 6.69 area if the price comes back to test support * I think there may be higher chances of it coming back to 6.95 before moving higher. * Manage risk under 6.69
FLong
by HaseebKhan_90
$BPT breaking out of a one month base!* Strong recent up trend * Breaking out of a one month base * Pays dividends * Price looks good on all time frames. Technicals: * Sector: Energy - Oil & Gas Refining & Marketing * Relative Strength vs. Sector: 2.07 * Relative Strength vs. SP500: 6.83 * U/D Ratio: 1.25 * Base Depth: 32.41% * Distance from breakout buy point: 1.92% * Volume 14.33% above its 15 day avg. Trade Idea: * You can enter at yesterdays closing price as it's close to the broken resistance. * If you're looking for a better entry you might be able to catch a bid around the $17 area * Target for the trade is a historical level of resistance around the $19.2 area
NYSE:BPTLong
by HaseebKhan_90
$DSX breaking out of a ~8 month base! Can it go higher?* Steady up trend over the past two years * Consolidated for about 8 months * Formed a cup and handle pattern * Now breaking out of the cup base Technicals: * Sector: Industrials - Marine Shipping * Relative Strength vs. Sector: 20.4 * Relative Strength vs. SP500: 18.49 * U/D Ratio: 1.38 * Base Depth: 82.07% * Distance from breakout buy point: 0.33% * Volume 73.26% above its 15 day avg. Trade Idea: * You can enter now as the price is just breaking out of its base * If you're looking for a better entry you can look for one around the $5.77 area * Given the macro situation of the world it does seem like shipping stocks will move higher in the near future
NYSE:DSXLong
by HaseebKhan_90
$ARIS ready to move higher?* Nice up trend * Resisted the current bear market really well * Looks good on all time frames Technicals: * Sector: Utilities - Utilities - Regulated Water * Relative Strength vs. Sector: 3.09 * Relative Strength vs. SP500: 13.1 * U/D Ratio: 1.06 * Base Depth: 24.41% * Distance from breakout buy point: 0.1% * Volume 72.3% above its 15 day avg. Trade Idea: * You can enter now as the price is just breaking out of its base * Or if you're looking for a better entry you can look for one around the $18.19 area as that should serve as a level of support. * Looking at $XLU it does seem like Utilities are ready to move higher and ARIS seems to be a leader in this space.
NYSE:ARISLong
by HaseebKhan_90
GBPUSD - Bearish SharkYes, this post is about a Bearish Shark setup, but check out the daily chart on the link within tradingview, you will see that the market respects the ABCD Pattern at its HOP level, 1.2186. A counter-trend move on the daily chart. The intraday traders can wait for a pullback within the cyan box that's marked buy zone for a buying opportunity. You can observe how the candlestick interacts with the buy zone. One of the levels you have to observe is the candlestick formation at the Shark Pattern completion price.
Long
by RaynLim
ALMOST AT THE BOTTOM - (KADENA UPDATE ANALYSIS)Carrying on with our series of analysis on Kadena(KDA), our search for the bottom is nearing it's end hopefully. In our previous analysis we identified a falling wedge pattern that could signal a reversal to the upside for kda, however it failed to do any good. Analysis with updates shown below(refer for context); While we now have our buy region of $2 finally, are we bottomed out yet? Referring back to our original analysis shown below, we pointed out the $1-$0.9 region to try our luck for volatility for an alternate entry; This level is in line with the golden pocket. Other Ideas: Bringing us to this point in time. KDA has broken back into its channel up, and also a rising wedge in the process. Our volatility region falls in line with the bottom of the rising wedge structure and the golden pocket. If that were to break then we simply cannot rule out bottom of the channel as a possible price target where we also have strong horizontal support. Targets will be revised if needed depending on where price finds support. If you've benefitted from this series of analysis so far, I'm happy it was helpful. If you agree, pls like share and comment your thoughts below. As always, feed back is appreciated! Bitcoin will play a huge role in determining the outcome
by RektMyMom
6
LUNA, Major drop MIGHT be on the way !LUNA is on the danger of major drop ! LUNA in most probable scenario has completed impulsive section of a wave cycle and currently is in the major correction. Decline from ATH to around 75 USD stopped by reaching to 0.382 Retracement level of shown 12345 up going wave !. As I see, continuation of down trend to lower Fibonacci level is on the way . I tried to show the probability of drop by thickness of arrows. Thickest one is the most probable target and narrowest is the least. Like many others, LUNA will show a massive bull run after end of correction. ( See related ideas for details.) Why I used " MIGHT" on the title ? since there is a Best case scenario which is good news for bulls. There is possibility that LUNA is just correcting final move up from 43.44 to ATH . In this best scenario LUNA will never go below the labeled wave 4. Currently, I see this best case scenario as the least probable. Hope this analysis to be useful. Thanks for the reading and wish you all the best.
by SaeedSajedi
22