TRMK offering a Pocket Pivot setup!* Excellent earnings
* Strong up trend with recent choppiness
* Breaking pre-pandemic highs
* In a constructive basing pattern for the past ~8 months
* Was in tight consolidation for the past 3 weeks (2.72% range)
* On the right side of the basing pattern
Trade Idea:
* Now would be a great time to get in since it broke out of a tight 3 week consolidation with higher than average volume and it's also offering a pocket pivot setup.
Buyzone
BRX set to move higher?* Good earnings
* Long term, it's been going sideways but a new up trend has started
* Recently broke a multi year resistance of $21.93 dating back to 2016
* Used multi year broken resistance as support for the past 5 months
* Breaking out of the 5 month consolidation with higher than average volume
* High relative strength in the Real Estate sector
Trade Idea:
* Now's the time to get in since it recently broke resistance and has been testing it as support for the past 4 days.
ENJ CHART ANALYSIS UPDATEENJ broke the trend and also got past the resistance around 1.7$
Personally, I bought some when we broke the trend.
I expect it to go to the next resistance level at 2.05$ in the next few hours/days.
If we do break the next resistance level, then I think we can see a new ATH for ENJ in the next few weeks.
Personally, I am aiming at these targets.
TP1: 4$ I take 50% profit
TP2: 7$ I take 25% profit
TP3: 10$ I take 25% profit
This is not a financial advice, I look for long term benefit it's my strategy.
$DIDI Price Target Probability & Unusual Options Activity.Latest News:
BZ: Didi Shares Spike Slightly Higher As Trader Jon Najarian Highlights Unusual Option Activity On CNBC's 'Fast Money: Halftime Report'.
BZ: DiDi Global shares are trading higher following a Dow Jones suggesting China's internet regulator suggested DiDi, Full Truck Alliance and Kanzhun explore listings in Hong Kong.
CBRE ready to move higher?* Great earnings
* Very strong up trend
* High relative strength in the Real Estate sector
* Breaking out of a roughly 3 month consolidation period forming an ascending triangle with 27.58% higher than average volume
Trade Idea:
* Now's the time to get in as it broke out for the second time and is picking up on volume.
* If you're looking for a small discount, you can look for an entry near the 99.73 area; it should serve as support.
WM showing signs to go higher* Great earnings year over year
* Very strong up trend
* Breaking out of a 6 week consolidation with higher than average volume ... roughly 37% higher
* Broke resistance and retested it as support
* Offering a pocket pivot breakout indicating that institutions are stepping in
* Pays out dividends
Trade Idea:
* Now is the best time to get in as the price is still close to the breakout level and it's showing signs that institutions may be stepping in to buy
* If you're looking for a slight discount you can look for an entry near the 156.60 area
* A break below 156.60 would expose 154.26 as the next possible support.
Note:
* Given it's growth over the years and the fact that it pays out dividends, WM is also a great long term hold for your investment portfolio.
MMC breaking out of consolidation!* Great earnings
* Strong up trend
* High relative strength in the Financial sector
* Breaking out of a month long consolidation with higher than average volume
* Pays dividends
Note:
* Earnings are coming up this week. Given it's past performance we can expect it'll have a good report and the price to go higher.
Trade Idea:
* You can enter now as indicated since it's still very close to the broken resistance
* If you're looking for a discount you might find an entry near the 159.40 area
HZNP offering a pocket pivot setup!* Great earnings
* Very strong up trend
* Very high relative strength in the Healthcare industry
* Has been consolidating since breakout
* And now offering a pocket pivot setup.
A pocket pivot setup is when the last day's volume is higher than any of the previous 10 days down volume. This indicates that institutions are stepping in and the price is expected to go higher.
This is a high probability setup.
Trade Idea:
* You can get in as indicated
* Or you can wait for a retest of 111.33 (may be unlikely since it's a pocket pivot setup)
ABR breaking out of consolidation* Good earnings
* Strong up trend
* High relative strength in the Real Estate sector
* Breaking out of a 4 month consolidation with higher than average volume
* Pays dividends generously (high dividends expected from REITs)
Trade Idea:
* You can get in now if you can stomach a little volatility
* Or if you're looking for a discount you can look for buying opportunities near the $19.13 area as that should serve as support.
DEGO CHART ANALYSIS UPDATE 2Like I said in the previous DEGO chart analysis, I didn't buy DEGO and was waiting for Moving Average confirmation.
Moving average confirmation did happen yesterday so I expect DEGO to go up if the next few weeks.
This is the best time to Buy DEGO and once we cross the resistance level it will go up quickly.
Personally, my goals are:
TP1: 34$. I take 75% profit.
TP2: 70$. I take 25% profit.
This is not a financial advice, this is my strategy.
gbpusd intraday buyHi everyone
Here i have a few levels marked here in green which are key levels of s/r I'm looking to see this level hold and price to head towards structure highs with my first Tp and a tight stop below marked support looking at a roughly 5:1 r/r. let me know your thoughts below will update as trade progresses. thanks you for reading!
USDJPY-Weekly Market Analysis-Oct21,Wk4USDJPY had a bullish run for a while. If you are looking to hop into the bullish trend, a retest of trendline without breaking and closing below gives an opportunity for trend trading/ trend following traders to hop on to the trade.
Conservative traders can wait for the 2nd buy zone at 112.08-110.77 for a buying opportunity.
PAYX looking to go higher after finding new support.* Excellent earnings year-over-year
* Very strong up trend
* Breaking out of a ~2 month consolidation period with higher than average volume
* Very strong Relative Strength in the Industrial sector
* Recently broke resistance of 117.11 and retested it as support
Trade Idea:
* As always, if you don't mind a little volatility in the short term this is a great time to buy
* If you're looking for a discount, you can look for an entry near the $117.10 area
Note:
* The bullish pin bar from October 13th shows that there's a lot of demand for it around the 117.11 area.
The price moved higher after the 13th increasing in buying volume so this has a less probability of revisiting that area.
Lakshmi MachineAdd Lakshmi Machine at cmp and near 8222
we seen 9898/10555/11111/12123+
Note : all views are education purpose only.
SHIB/USD BUY POTENTIALSAfter SHIB had a very nice bullish trend, it was expected to have an exhaustion sometime. I see some nice buy potentials at support1 @0.00002115 / at support2 @0.00001785 / at support3 @0.00001535
If it bounce on support1 ( same for support2 and support3 ) it will stay between the trendline and the support till it will breakout of the trendline to find his way back up to his resistence zone and hopefully will make new highs ! :D
SHIB to the MOON !!