Uber Trading RangeUsing Standard Deviation rules and a Fibonnaci Retracement channel we can track the range bound movement of Uber and help determine the next probably trading range. Testing near the highs of the range showed some resistance as we closed yesterday with a strong bearish candle. showing inability to regain strength could signal a potential reversal of price back towards the range that we can track from june through august.
Centered Oscillators
SPXC's RSI Oscillator climbs out of oversold territoryThe RSI Oscillator for SPXC moved out of oversold territory on September 14, 2020. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. Tickeron A.I.dvisor looked at 26 similar instances when the indicator left oversold territory. In 22 of the 26 cases the stock moved higher. This puts the odds of a move higher at 85%. Current price $42.63 crossed the resistance line at $42.51 and is trading between $46.20 support and $42.51 resistance lines. Throughout the month of 08/19/20 - 09/21/20, the price experienced a -3% Downtrend, while the week of 09/14/20 - 09/21/20 shows a +5% Uptrend.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 16, 2020. You may want to consider a long position or call options on SPXC as a result. Tickeron A.I. detected that in 76 of 97 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 78%.
The Moving Average Convergence Divergence (MACD) for SPXC just turned positive on September 17, 2020. Looking at past instances where SPXC's MACD turned positive, the stock continued to rise Tickeron AI shows that in 39 of 50 cases over the following month. The odds of a continued upward trend are 78%.
SPXC moved above its 50-day Moving Average on September 16, 2020 date and that indicates a change from a downward trend to an upward trend.
Following a +2.50% 3-day Advance, the price is estimated to grow further. Considering data from situations where SPXC advanced for three days, in 241 of 322 cases, the price rose further within the following month. The odds of a continued upward trend are 75%.
SPXC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The volume for BBW stock increased daily growth of 456% of 65DayThis one-day volume growth resulted in a record-breaking increase of 456%, as compared to the 65-Day Volume Moving Average. BBW's total volume now sits at 717.3K. The +3.59% price change was insignificant, leaving BBW's price at $3.46. This volume move could indicate a change in trend, and may be a buy signal for investors. Tickeron A.I.dvisor found 63 similar cases, 52 of which were successful. Based on this data, the odds of success are +83%. Current price $3.25 crossed the resistance line at $3.28 and is trading between $3.28 resistance and $2.94 resistance lines. Throughout the month of 08/19/20 - 09/21/20, the price experienced a +44% Uptrend, while the week of 09/14/20 - 09/21/20 shows a -2% Downtrend.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on August 28, 2020. You may want to consider a long position or call options on BBW as a result. Tickeron A.I. detected that in 56 of 83 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 67%.
The Moving Average Convergence Divergence (MACD) for BBW just turned positive on August 31, 2020. Looking at past instances where BBW's MACD turned positive, the stock continued to rise Tickeron AI shows that in 26 of 36 cases over the following month. The odds of a continued upward trend are 72%.
BBW moved above its 50-day Moving Average on August 24, 2020 date and that indicates a change from a downward trend to an upward trend.
The 10-day Moving Average for BBW crossed bullishly above the 50-day moving average on August 05, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. In 10 of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 63%.
The Aroon Indicator entered an Uptrend today. In 96 of 136 cases where BBW Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 71%.
WKHS,enters a monthly bullish trend.Expect Uptrend continuationWorkhorse Group Inc (WKHS, $30.27) is predicted by Tickeron A.I.dvisor to grow by 4% to $31.48 or more within the next month. Keeping in mind similar previously-analyzed scenarios where the stock trended up during the month, the odds of an Uptrend continuation are 88%. Current price $27.51 is above $18.20 the highest resistance line found by Tickeron A.I. Throughout the month of 08/19/20 - 09/21/20, the price experienced a +84% Uptrend. During the week of 09/14/20 - 09/21/20, the stock enjoyed a +16% Uptrend growth.
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for WKHS just turned positive on August 31, 2020. Looking at past instances where WKHS's MACD turned positive, the stock continued to rise Tickeron A.I. shows that in 33 of 41 cases over the following month. The odds of a continued upward trend are 80%.
Following a +14.09% 3-day Advance, the price is estimated to grow further. Considering data from situations where WKHS advanced for three days, in 243 of 281 cases, the price rose further within the following month. The odds of a continued upward trend are 86%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 165 of 209 cases where WKHS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 79%.
APPLE 3 Possible Scenarios$AAPL I see following possible scenarios:
1. (GREEN) Today was a perfect bounce off 15 EMA ~$105 on Weekly chart. Price could move higher to ~$135 using this strong historical support as a "trampoline"
2. (ORANGE) Today was a dead cat bounce witnessed on support weekly ~$105 support only for possible lower moves to $80-$90 support range in near future
3. (RED) Today was fake out and we continue downward slide to $80-90 support area.
I think scenario 1 is the most likely to play out and I have bought the recent dips. Of course anything can happen and that's why its important to manage risk and set stop losses.
Let me know what you guys think! Discussion and hearing other view point is great. NASDAQ:AAPL
HOVNP, Stochastic left the overbought zone on Sep 17, 2020This is a signal that HOVNP's price trend could be reversing, and it may be an opportunity to sell the stock or take a defensive position. Tickeron A.I.dvisor identified 63 similar cases where HOVNP's stochastic oscillator exited the overbought zone, and 57 of them led to successful outcomes. Odds of Success: 90%. Current price $7.00 is above $6.06 the highest resistance line found by Tickeron A.I. Throughout the month of 08/17/20 - 09/17/20, the price experienced a +4% Uptrend. During the week of 09/10/20 - 09/17/20, the stock enjoyed a +6% Uptrend growth.
Bearish Trend Analysis
The Stochastic Indicator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The Moving Average Convergence Divergence Histogram (MACD) for HOVNP turned negative on September 01, 2020. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron A.I.dvisor looked at 49 similar instances when the indicator turned negative. In 41 of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at 84%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where Apple declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 82%.
HOVNP broke above its upper Bollinger Band on August 25, 2020. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
MORE UPSIDE POTENTIAL ON BITCOIN USING MACDDrop a like if this helps you out :)
The MACD has just crossed on the hourly, if you look at previous crosses you can see that this is a rather powerful indicator and usually results in a nice rally/downtrend.
The MACD indicator is one of my favourite and in my opinion on of the most undervalued indicator out there. I almost never take a trade going against the trend on the MACD. I don't purely trade the MACD however these is a lot of upside to a strategy that is purely based off the MACD.
CRWD impending breakoutAfter just having a failed retest at the top resistance line of the channel (which could have been a support line), CRWD is now hitting the roof of the channel again. The RSI is being tightly wedged between two trendlines; volatility is also contracting. From what I can tell there is high chance of breakout on this stock.
If I wanted a short term trade with a good chance of carrying out, I would wait for a breakout. This will be signaled by a big jump in volume on an up day. If the price hits the open of September 1st (above the 132 level) I would consider taking a short term position and taking profits if the price hits the close of September 2nd (142.50 level). We could also see a failed retest so I would set a stop loss around the current price, the 130 level.
EUR.USD H4 Short 13CCI tlb, fib trgtH4 13CCI crossed down thru an up-trendline on the CCI. Given that, the entry short on EUR.USD is immediate for experienced eyes, or as soon as CCI came below +100 on CCI for conservative traders. The price now is on S/R going back thru July, and is on or close to a median line for pitchfork starting Aug 18, depending on your software.
The S/R area may hold price up temporarily. A break below might aim for a 38.% retracment of move up from mid-June to Sept 1, 2020, possibly near price intersection of the 38.2% retr. line and the lower median line possibly the end of this week or early next week ~~~1.17-1.166
The exit would be a CCI tlb of an up-trendline or a fib target
MSFT upcoming breakout!After hitting the top of the long term channel, MSFT fell back down and is testing the support line once again. MSFT is now stuck in a short term wedge pattern, and in my opinion it looks ready to break to the upside. The RSI also indicates an upcoming wedge. If there is continued market strength in the coming days, expect MSFT to breakout of the wedge. On the other hand, some bad sell offs could cause MSFT to fall out of the upward channel.
For those looking for a sheet term trade, I would consider taking an entry if the price hits the closing price of September 3rd (217 level) and take profits if it hits the open price of September 3rd (228 level.) if this stock breaks out it should go straight up, but we might see a failed retest. To make sure losses don’t get locked in, I would set a stop loss underneath the top line of the wedge, the 210 level.
Zoom ZM fills gapAfter gapping up by a huge $120 dollars on August 31, ZM has come down to Earth. It finally found resistance at the horizontal support line (in the 344 range.) It has entered back into its ascending channel, and since the two parallel trendlines are very close together, expect predictable price movements.
The RSI has just bounced at its horizontal support line as well, So we can expect continued uptrend. If the price were to hit 406(The high of September 3rd) I would consider taking a short term call and wait for it to hit the low of September 2nd, $410. If I had a heavy risk appetite , I might wait for the price to hit the closing price of September 2nd, $423.
ARKK high buying pressureAfter hitting its final long long term support line, ARKK has finally bounced off the support. The buying pressure was so strong that it reclaimed its previous support at the 87.75 level. The RSI tells the same story. Expect a continued uptrend, until it hits the top of the channel, At which point we will either see the price breakout or fall back to the floor.
Also, Watch for the RSI to hit either trendline to get an idea of which way the price is headed. In the past, the RSI hitting a support level has been bullish for the ETF. When the RSI has the the long term resistance line, it has always been bearish in the short-medium term. The worst drop In Price, after the RSI hit resistance, was right below the March lows.
As for fundamentals, I like this etf because it has been a top performer, as far as ETFs go, for the past year. I also like this etf because it gives you good exposure to Tesla, without directly investing in the riskiness of Tesla. Even I admit TSLA could be trading at pretty high valuations, so it helps that this etfs invests in other “disruptive companies” such as Square (SQ).
Daily technical Analysis: Bitcin is go to explode!!!Hello, in this overview, Bitcoin show a possible bought in Daily timeframe. Also, the best target it's will be $11,200 USD, but making considered, my exact target will be $11,000 USD. That is a interesting opportunity to buy Bitcoin in short term. Bitcoin is leading to the $11,000 USD.
Now, looking the Key Support Line, Bitcoin is respect the up trend line, and that mean that Bitcoin is still up for bulls. Also guys, we identify a new support in Daily mark in yellow, becuase bulls show a soon bull run.
So, guys, it is my analyze in Daily, in some minutes, I will going to make an another analysis on H4 and H1 timeframe.
We are in profit!!!
Please guys, get me a like to be positioned as Bitcoin's trader analyze favorites on the top of the best traders on Trading View to be here into the top of Bitcoin's analyze. And share this analysis with your friends, traders or other if you found out any of interesting of this analyze.
Ontology Bullish Divergence on Weekly
Ontology Bullish divergence
Weekly
The volatility for Ontology is usually pretty good, so when I see a bullish divergence and other factors are more or less in line, I like to trade it.
What I see here is a bullish divergence on the weekly and after that strong dump, due to BTC and the furious Bitmex liquidation cycles, I see that the EFI is definitely not diverging here. By the looks of it, I expect we will at least tick up to the EMA or the previous resistance, although that one is not tremendously strong, only 2 previous hits and it wasn’t trading in that zone for a long time.
Daily
On the Daily we see a pattern of higher highs and higher lows, we’ve just made a higher low so entering now could be good. I have some money reserved, to get add more later. I entered around 0,4060.
The Stochastich RSI crossed again, and MACD-H looks like turning up again.
The Stoploss has been placed on the Daily, when it breaks down that -3 ATR level, which equals 25% of that down wick during the heavy BTC dumping, it invalidates this setup.
The targets are set at the +2 and +3 ATR levels of the weekly. We have to overcome that small restistance there around 0,51.
As always, I will measure the strength of the uptrend and see if I get out earlier partially
Entry 0.40xx
Exit 0.797
Exit 0.897
Stoploss: 0.29
Risk Reward Ratio:
R/R 1:4
R/R 1:5
Cable Short after SMA cross We got in here on cable after a clear SMA cross had appeared.
No major data out of either country until 13:00 GMT which gives this position a good 4hrs before we need to either take profit or stop loss.
All of my criteria was met with this trade hence why i decided to enter.
The stop loss was fairly big but i decided to enter anyway as this trade set up was very appealing.
GBPUSD Bollinger band/BB% (tips/tricks)Here the color scheme was changed to represent our favorite two things in trading: supply/demand.
If you are new to trading or supply/demand methods, You can maybe employ BB's (or any other channels).
Red/supply line: use as reminder not to buy into weakness.
Green/Demand line: use as a reminder not to sell into strength.
More important.. think of the green line as the "accumulation" or demand side
Red as the "distribution" or supply side.
Look at where all the action is. Look at were the candles were before any subsequent impulse. Where do they generally begin from?
taking a look at the BB and BB% do any moves really begin near the median? .. generally no.
this is what is meant buy fishing from the edges and not from the center.
Using the BB% (RSI/MFI will be similar) .. look at the same thing. Look at the extremes or edges and the volume.
When price breaks the demand line, is the volume high? is there active accumulation going on?
- IF the volume is high with each break of the demand line, they are buying and likely looking for a clear mark up path, which can take days.
When price breaks the supply line, is there an increase in volume pushing the price back into range?
-IF the volume is high with each break of the supply line, they are selling and likely looking for a lack of demand which allows for a clear path to mark don... this can also take a few days.
Biggest takeaway from this is the principle of not buying or selling when price is in the middle of a range. When price is in the middle of a trading range or consolidation (some of you know it as consolidation, just another way of saying trading range) the market is IN BALANCE.. there is equilibrium between supply and demand at that moment.
Price will "consolidate" for either a mark-down or a mark-up. When price is behaving in this manner it means that it has not decided which way to go and is waiting for an imbalance... if more supply accumulated then demand... price will fall..if there was more demand than supply.. then price will break to the up side.
PM if confused!
Avoid buying into weakness/supply/resistance
Avoid selling into strength/demand/support
Avoid entry when price is in middle of a range (phase B)
And
Don’t let them win