Wait Until the $15+ Wave: Reiterating LongAgain, I think this is one of the more decent speculative plays or dip opportunities for a swing out there. Shorts are soon going to need to likely cover, you have an RSI less than 30, and people are overreacting to the clinical data and news headlines. The support level just needs to pickup for a really good squeeze. PR could come like a hammer for overly anxious bears. That said, please invest at your own risk and do your own due diligence. Everything I say is on an opinion based basis.
Chart patterns
NZDUSD: The price is going to BREAK its SYMMETRICAL TRIANGLEHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
NZD/USD
⚪ Technical Analysis :
Since the end of December 2020, the price has been moving creating an interesting symmetrical triangle, bouncing many times on its dynamic S/R lines.
It is currently on its dynamic support trendline and the next price action around that level will be essential to understand the next market movement.
🔴 Conclusion :
The price is slowly getting weak and I'm confident to see it breaking through its triangle pattern and falling down until its support zone at about 0.71000.
Eventually the price will reach that level, I'll start planning my second short position on this trade.
The level 0.71420 could be an interesting entry point eventually the price will clearly close around that level.
Stay tuned for Updates and Trading Signals !
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⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
NZDJPY: An upcoming TREND CORRECTION!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
NZD/JPY
⚪ Technical Analysis :
On the 18th of January 2021, the price bounced on its wedge's trendline, getting a strong bullish impulse.
Once it broke the daily S/R zone at about 74.500 and re-tested the dynamic trendline, the price moved up until its wedge dynamic resistance line.
It is currently re-testing the same level and the next price action will be essetial to understand the next market movement.
🔴 Conclusion :
In the h4 and daily perspective, the price is clearly following a constant uptrend and it has currently reached the dynamic resistance of its wedge pattern, I'm confident to see an upcoming trend correction until its support zone at about 74.600.
I'll be waiting for a proper rejection on the current level before planning my short position on this trade.
A possible entry point on this trade could be the level at about 75.450 (place an alert and keep this pair in your watchlist!).
Stay tuned for Updates and Trading Signals !
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⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
NZDCHF: The price up to the MAIN WEEKLY RESISTANCE!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
NZD/CHF
⚪ Technical Analysis :
On the 28th of Janury 2021, the price reached the main trendline and it got a strong bullish impulse, moving quickly up, breaking through the daily S/R zone at about 0.64300.
It is currently following the same uptrend without any sing of weakness and it will probably reach and re-test the main weekly resistance zone.
🔴 Conclusion :
This is clearly an interesting impulse and I'm confident to see soon an upcoming trend correction once the price will eventually reach its main weekly resistance area.
Only if the price will get a rejection on the level at about 0.65250, I'll start planning my short position on this trade.
Stay tuned for Updates and Trading Signals !
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⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
NZDCAD: The BULLISH Impulse close to the end!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
NZD/CAD
⚪ Technical Analysis :
Since the 20th of January 2021, once the price got a strong rejection on its main trendline, it has been moving with a clear uptrend, breaking through the S/R zone at about 0.91500, re-testing few times the same level before pushing up again.
It is currently still in uptrend and there is a possibility to see the price re-testing an important weekly resistance zone at about 0.92500.
🔴 Conclusion :
I'm confident to see the price reaching the main weekly resistance zone and then collapsing down until its daily S/R level at about 0.91500, that would be a nice trend correction of its previous bullish impulse.
The last daily bar is showing a possible sign of weakness and I'll be waiting for it to reach the weekly resistance zone before planning my short position on this trade.
Stay tuned for Updates and Trading Signals !
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⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
$BNTX PT 300 and higher$PFE and $BNTX Partnership
Pfizer Is Ready, Even For COVID-19 Variants
This week is all about healthcare with Pfizer Inc. (NYSE: PFE), Sanofi SA (NASDAQ: SNY), Regeneron Pharmaceticals Inc (NASDAQ: REGN), and Bristol-Myers Squibb Co (NYSE: BMY) reporting earnings. But, what is under the spotlight is the effort pharmaceutical and biotech companies are making to combat COVID-19 or more precisely, the vaccine. Pfizer was the first who brought it to the market and gained FDA approval along with using the ground-breaking mRNA technology successfully.
Pfizer's Scientific Success
GBPUSD: The price confirmed the pattern's BREAKOUTHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
GBP/USD
⚪ Technical Analysis :
The 1st of February, the price finally broke (as expected in my previous analysis) the rising wedge pattern, moving down until the support zone at about 1.36400.
It re-tested few times the same level creating every time a lower high.
It is currently on the same zone and the next price action around this area will be essential to understand the next market movement.
🔴 Conclusion :
I'm confident to see an upcoming strong bearish movement after a possible trend correction.
I'll be waiting for the price breaking through the current support zone before planning my short position on this trade.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
GBPNZD: The price is getting a NEW BULLISH IMPULSE!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
GBP/NZD
⚪ Technical Analysis :
Since the 13th of January 2021, the price has been moving with a clear side trend, bouncing up and down between the resistance level at about 1.92000 and the weekly support level at about 1.89100.
It is currently re-testing the strong support level, that rejected the price many times in the past and the next price action around that area will be essential to understand the next market movement.
🔴 Conclusion :
The price has just broken its ema 200, but still moving between its S/R zones, the price is overbought and in high volatility just around the support level at about 1.89100.
I'm confident to see the price getting another bullish impulse and I'll be waiting for a clear rejection on the current level before planning the long position on this trade.
Stay tuned for Updates and Trading Signals !
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⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
$ATHE is $SAVA sympathy play...Alterity Therapeutics Limited researches and develops therapeutic drugs for the treatment of Parkinsonian's disease and other neurodegenerative diseases in Australia. The company's lead drug candidates is ATH434 that has completed Phase I clinical trial for the treatment of Parkinson's disease. It is also developing PBT2 for used as an antimicrobial agent. The company was formerly known as Prana Biotechnology Limited and changed its name to Alterity Therapeutics Limited in April 2019. The company was founded in 1997 and is based in Melbourne, Australia.
GBPUSD: An upcoming IMPORTANT BREAKOUT!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
GBP/USD
⚪ Technical Analysis :
Since January 2021, the price has been following an interesting uptrend, creating a clear rising wedge pattern, bouncing many times on its dynamic S/R trendlines.
On the 21st of January the price reached a strong resistance zone at about 1.37500, following two more re-tests on the same level without strength enough to break through it.
It is currently close to its dynamic trendline and the next price action around that level will be essential to understand the next market movement.
🔴 Conclusion :
In the daily perspective, the price has been following a clear uptrend since October 2020 and it's currently showing few signs of weakness.
I'm confident to see a trend correction and a breakout of its rising wedge pattern.
I'll be waiting for a breakout of its dynamic trendline before planning my short position on this trade.
Stay tuned for Updates and Trading Signals !
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⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
GBPNZD: Entry LONG now on this PULLBACK (Signal)Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
GBP/NZD
⚪ Technical Analysis :
Since the beginning of January 2021, the price has been following a strong uptrend, reaching and getting a rejection on the resistance level at about 1.91990.
It got a correction, perfectly matching with the 0.50% of Fibonacci retracement and a daily support zone at about 1.89000.
During its trend correction, the price created an interesting falling wedge pattern, breaking through its dynamic line just few hours ago.
🔴 Conclusion :
I'm confident to see the price rising again until the next resistance zone at about 1.92000 and I'll open my long trade once I'll confirm the validity of the pullback on its dynamic line.
Stay tuned for Updates and Trading Signals !
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⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
Two Best Swings of the Day: $VTNR and $FTOCMy two favorite swings for profit turnover today were these two stocks, they also are decent for long term holds. $VTNR though, is at a higher risk position. That said, please do your own due diligence and invest at your own risk.
My Weekly Opportunity WatchlistENVB and AEZS has positive sentiment to pickup, and some people are turning to AEZS out of excitement of a potential VXRT-like rise. DRCB is a decent entry for a long hold or a short term swing. WTI looks like it is going to go up w/ increased demand in gas and was previously oversold prior to picking up support levels. JDST will grow off of precious metals sentiment trending. Everything I'm saying is on an opinion based basis. Please invest at your own risk and do your own due diligence.
Buy @$10, Sell at $15+: Big Dip Opportunity!I wasn't able to get into $VXRT before, and now thanks to a recent market overreaction, I think this is a great dip opportunity and will pickup support levels that will cause a short squeeze soon. RSI shows way oversold, and look at the performance day to day. That said, please invest at your own risk and do your own due diligence. Everything I say is on an opinion based basis.
GBPJPY: Few signs of an upcoming MARKET REVERSALHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
GBP/JPY
⚪ Technical Analysis :
Since the 18th of January, the price has been moving with a clear uptrend, following a strong secondary trendline.
On the 1st of February 2021, the price reached the main resistance zone at about 144.000, that quickly rejected it.
It is currently re-testing a daily S/R zone at about 143.100 and the next price action around that level will be important to confirm an inversion of this market.
🔴 Conclusion :
The price failed twice the attempt to break through the main resistance zone at about 144.000 and in the daily perspective few pinbars could be an interesting sign of weakness.
I'm confident to see the price breaking the current daily S/R zone and reaching the secondary trendline and eventually the next support zone at about 142.200, level very close to the main trendline.
I'll be waiting the breakout of the current zone before planning my short position on this trade.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
GBPCHF: The price is going back to its MAIN TRENDLINEHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
GBP/CHF
⚪ Technical Analysis :
Since the 10th of January 2021, the price has been moving following an interesting trendline, bouncing on it many times.
Once it reached the S/R zone at about 1.21700, it got several rejections on that level, finally breaking through it on the 29th of January.
It re-tested few times a strong weekly resistance zone at about 1.22800, creating every time a higher low.
It is currently re-testing the same level and the next price action around this zone will be essential to understand the next market movement.
🔴 Conclusion :
The price seems to be not really strong enough to break through the current resistance zone and considering that the level 1.22800 rejected the price many times in the past and few pinbars in the daily perspective, I'm confident to see it collapsing down until its main trend line and eventually the next support zone at about 1.21700
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
GBPCAD: Is the price going to BREAK soon its MAIN TRENDLINE?Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
GBP/CAD
⚪ Technical Analysis :
Since the 20th of January 2021, the price has been moving with a clear uptrend, reaching a strong weekly resistance zone at about 1.76500, that rejected the price many times in the past.
On the level, the price got a rejection and it is currently on a daily S/R zone at about 1.74300, very close to its main trendline.
The next price action around that zone will be essential to understand the next market movement.
🔴 Conclusion :
In the past, the price reached many times its strong weekly resistance at about 1.76500, getting a strong and quick rejection on that level.
I'm confident to see the price breaking through its S/R zone at 1.74300, continuing its bearish movement until its next support zone.
I'll be waiting for the breakout of the main trendline before planning my short position on this trade.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
GBPAUD: An upcoming CHANNEL'S BREAKOUT!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
GBP/AUD
⚪ Technical Analysis :
Since the 27th of January 2021, the price has been moving following an interesting ascending channel, once it got a strong bullish impulse on the level 1.77500, bouncing few times between its channel's lines.
Yesterday, the 2nd of February, the price re-tested an important weekly resistance zone, falling down again until the S/R zone at about 1.78800.
It is currently re-testing the same zone and the next price action around that level will be essential to understand the next market movement.
🔴 Conclusion :
There is a possibility to see the price moving up again, but I'm confident to see an upcoming bearish movement because the weekly resistance level at about 1.80000 rejected the price many times in the past.
In the daily perspective we still have a strong bullish movement but the RSI with 20 periods is currently showing us a clear divergence.
I'll be waiting for the price breaking through the channel before planning my short position on this trade.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
$CIDM Cinedigm Corp., together with its subsidiaries, operates as distributor and aggregator of independent movie, television, and other short form content in the United States, Canada, and New Zealand. The company operates through two segments, Cinema Equipment Business and Content and Entertainment Business. It manages a library of distribution rights to various titles and episodes released across digital, physical, and home and mobile entertainment platforms, as well as services digital cinema assets on approximately 12,000 domestic and foreign movie screens. The company distributes its products for various brands, such as Hallmark, Televisa, ITV, Nelvana, ZDF, Shout! Factory, NFL, NHL and Scholastic, as well as international and domestic content creators, movie producers, television producers, and other short form digital content producers. It also collaborates with producers, various brands, and other content owners to market, source, curate, and distribute content to targeted audiences through existing and emerging digital home entertainment platforms, including Apple, Amazon Prime, Netflix, Hulu, Xbox, PlayStation, Sony, and cable/satellite video-on-demand; and distributes DVD and Blu-ray discs to wholesalers and retailers with sales coverage to approximately 60,000 brick and mortar storefronts, including Walmart, Target, Best Buy, and Amazon. In addition, the company operates various branded and curated over-the-top (OTT) entertainment channels, including Docurama, CONtv, and Dove Channel; and Matchpoint, a software-as-a-service platform to automate the distribution of streaming content and OTT channels. Cinedigm Corp. has a strategic alliance with Starrise Media Holdings Limited to release films in China theatrically and to digital platforms. The company was formerly known as Cinedigm Digital Cinema Corp. and changed its name to Cinedigm Corp. in September 2013. Cinedigm Corp. was founded in 2000 and is headquartered in New York, New York.
$BFT Continued Uptrend: TP #1: $25+A special acquisition for a PayPal competitor that has way less of a marketcap, but way higher of a TAM and growth potential opportunity. Sort of reminds me of the $JMIA play in regards to $BABA. Pattern is on an uptrend as well w/ continued support levels and likely positive sentiment. That said, do your own due diligence and invest at your own risk. Everything I say is on an opinion based basis.
High Risk, but can $GME hit $500+Gamestop was one of those chances that I missed just like SPI. There was no way to tell what happened on Reddit was going to happen. However, given the continued sentiment (even w/ red futures), it may be possible to pickup even higher support levels and continue the trend up to $500. If one wants to do risk mitigation if the price falls, going covered to make money either way and trying to allocate on timing is the best risk management + profit strategy. That said, $GME is currently a high risk trade. I do think though it is interesting to see the little guys winning, and I am a big fan of free trade. Let the traders, trade! That said, please keep in mind everything I say is on an opinion based basis. Invest at your own risk and do your own due diligence.