On My Options List: GDEN and MARKRight now two stocks on my options trading list is GDEN and MARK. GDEN is a stock that I expect to gain some more support levels, and MARK is having reversals of lots of the bearishness done towards the stock. Right now, I'm confident enough given I see people doing some bids on them and I feel like it may be a decent entry point. That being said, please do your own due diligence. Everything I say is on an opinion based basis not meant to be taken as actionable advice. Proceed with caution, and do your research.
Chartpatternstrading
USOIL/OIL Long IdeaOIL is currently on a daily supportive trendline, presenting an opportunity to open long positions. However, it would be safest for bulls to wait for a break and retest of the key zone marked on the chart. A stop loss can be placed a few pips below the supportive trendline, with a first target at the previous high. Traders should use proper risk management and only open positions if the trade is valid in accordance with their strategy.
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3 Stocks in my Options Trading WatchlistFirst off, please don't take anything I say seriously or as financial advice. As always, everything I say is on an opinion based basis. Please do your own due diligence and proceed with caution. Currently, I wanted to share three stocks I'm bullish on for scheduled options trades. (Keep in mind Options Trading isn't the same as Binary Options trading). That being said, the sentiment for NIO is positive retracement, I believe Macy's should gain some support levels, and I'm bullish on the overall future of JMIA. I think JMIA especially has alot of potential not just pattern-wise, but as an overall company.
EURGBP Entry: ADX Dip? Bullish OverallRight now, I think given the technical indicators, and charting pattern for the past day and past week, I am bullish on the EURGBP pair. I think right now, it should be a good entry for short term bullish correlations, as well as maybe even long term. As always, please do your own due diligence. Proceed with caution and everything I say is on an opinion based basis. Invest at your own risk.
Look at the Fractals and RSI: CAPR will Dip to $5.50 RangeRight now, I think CAPR still has ways to go prior to the swing pre-entry. It is close to meeting the expected charting target for a short than rebuy. I reiterate the point I have said in the past few days. The fractals and RSI being bearish for the current trend point also makes it seem obvious. As always, please do your own due diligence. Everything I say is on an opinion based basis. Please proceed at your own risk.
Today is a great day for Discount Stock BuyingRight now many people seem to want to be extra bearish on the economy. You see negative sentiment on the news, and traders are very emotional, even when the correlations have been positive. I don't see a bubble being popped just yet or sometime soon. Right now, it seems like a great day to strategically buy stocks at discount bids. As always, please proceed with caution. Do your own due diligence and proceed at your own risk.
I'm Bettling Long on the USDTRY PairRight now looking at the correlations, and post-week price expectancies, I am currently betting long on the USDTRY pair and think it has some positive sentiment surrounding it. I also think the current neutral pattern is about to be broken quite soon. As always, everything I say is on an opinion based basis. Please do your own due diligence and please proceed at your own risk.
AUDNZD: Bullish ~ Ready for the Next SwingRight now, I am looking for a swing in which I have an entry that I will close within 5 days (as with many of my Forex trades), and I think I have found one with the AUDNZD pattern and current sentiment. I am doing an entry for this, and I see the bullish SMA showing some support w/ still some ways to go. That being said, everything I say is on an opinion based basis. Please invest at your own risk, do your own due diligence and proceed w/ caution.
$7 Long Target for Sava Post-EarningsRight now, I am hoping for Quarter 3 that Sava has some positive news. I'm realistically expecting in the next bullish wedge, that Sava could actually surpass the $5.50 mark and that even $7 may still be a cheap target for it. It is obviously a close watch for many people right now. That being said, everything I say is on an opinion based basis. Please proceed with caution and invest at your own risk. Do your own due diligence.
CAPR Should Drop to $5.50 Range before RetracementRight now looking at CAPR's patterns, it is safe to say that before the next positive retracement wedge, that CAPR should drop at least to the $5.50 range. I think once it does, then it should be getting ready for the a bullish swing. As always, everything I say is on an opinion based basis. Please do your own due diligence and invest at your own risk.
JMIA Morning Wedge? Next Alibaba? Waiting for Re-entryI have been analyzing JMIA yesterday night and the sentiment was a positive bullish continuation of the spike it was on. Days in the red are when it is perfect to buy. Right now, I am currently waiting for the sell off and than a decent reentry price for JMIA. I think this will evidentially have lots of profit turnover potential in the long term. As always, everything I say is on an opinion based basis. Please invest at your own risk and do your own due diligence.
Bullish on Short EURUSD EntryI'm bullish on an entry for the EURUSD pair that would be less than a five day hold. Right now, I think it is reaching the tip of the current bullish pattern but has some positive support to continue picking up the next few days. That being said, keep in mind that everything I say is on an opinion based basis. Please do your own due diligence and proceed with caution at your own risk.
Two Pairs: Short Term Bullish < 5 DaysRight now two pairs I expect some bullish action as extremely short term holds are CADJPY and the EURCAD. All the pivot points are close to reaching their tops though it is garnishing some support level. The short term patterns and the current bands also seem obvious to why they are positive right now but still short term entry than leave. As always, please invest at your own risk and do your own due diligence. Everything I say is on an opinion based basis. Proceed with caution.
4 Pairs I'm Long OnFour currency pairs that I'm long on include: USD/MXN, CAD/CHF, USD/JPY, and GBP/HUF. I feel like USD/MXN is due for a reversal where it has positive retracement. CAD/CHF has more support levels to pick up. USD/JPY has long sentiment. GBP/HUF is also due for a positive retracement. The patterns for USD/MXN seem there overall. As always, please proceed at your own risk. Do your own research and due diligence. Everything I say is on an opinion based basis.
UPWK: Starting to Retrace: Next Target $18+Upwork looks like it is about to enter a continuation of previous patterns at the price entry, and I expect the positive wedge to have a current target of $18. This also has long hold profit turnover potential afterwards or you could shorten at the wave and buy the dip. I feel like the patterns are there, and the AO is just repeating itself. Also ADR, and the pivot is quite obvious. That being said, everything I am saying is on an opinion based basis. Do your own due diligence and invest at your own risk.
$TSLA Can Reach $1750+ Post-Earnings CallRight now, I'm keeping a close watch on the correlations again for Tesla. I think if Elon Musk surprises Wall Street again beating earnings, this stock can easily pick up support momentum like it was doing July 13th, and this may pass the $1750 price point. That being said, it is mid to high risk currently at this price given the tight time frame, but I'm still very bullish as I have historically been and likely will be. Keep in mind, everything I say is on an opinion based basis. Do your own due diligence and invest at your own risk.
Next Wave: Waiting for NZDUSD to RetraceLots of people seem to lack the patience to wait for the next wave in terms of continued bullish correlations. I been consistently shortening and trying to get back the dips, not being able to keep up with the market patterns in which you have seen overarching growth the past few days in general. Right now, I think as a hold, this may have a decent positive retracement swing, and seeing how profitable it seemed, looks like the next pattern is close to being ready. As always, keep in mind everything I say is on an opinion based basis. Please proceed at your own risk and do your own due diligence.
Ready for the next wedge? USD/MXNRight now, I'm confident enough for an entry for the USDMXN pair for the next positive wedge correlation pattern. I think it is going to start garnishing some more support and picking up momentum very soon, and the pattern seems there. As always, everything I say is not meant to be taken seriously and is on an opinion based basis. Please pursue at your own risk and do your own due diligence.
New CEO for Potbelly, Bullish LongRight now given the sentiment around Potbelly's new CEO , I expect this to rise dramatically in price. The market will have a bullish reaction and positive sentiment as a result of the news, and it should be low to mid risk. As always, this is on an opinion based basis. Please do your own due diligence and proceed with caution.
Not a Big Fan: $1.78 Target (Curve is Steep w/ ADR)GNUS is one of those stocks that I didn't like from the beginning given the overly speculative investing and what seems to be somewhat of a pump activity going on. Regardless, funds have been overly bullish on this over and over, not paying attention to key patterns. Right now, I expect a continuation of the bearishness, and this should even go down at least to $1.78. At that point maybe some hope the price starts being neutral. As always, everything I say is on an opinion based basis. Please do your own due diligence and invest at your own risk. This isn't meant to be taken as actionable financial advice.
Keeping a Close Watch on AUD/USDI expect AUD/USD to gain some momentum, and the beginning of some positive support seems to be here for the current wave. Right now, I am keeping a close watch on its correlations. As always, everything I say is on an opinion based basis. Please proceed at your own risk and do your own due diligence. This isn't meant to be taken as actionable financial advice.
EUR/SEK: I'm Bullish Long: Possible Bull Run?Right now on the EUR/SEK, I am willing to say I think a possible bull run is about the happen. It looks like resistance been going on for a while prior to the next positive wedge and looking at the different time periods, it may burst quite soon. As always, everything I say is on an opinion based basis. Please do your own due diligence and invest at your own risk. This isn't meant to be taken as actionable financial advice in any way, shape or form.
Not a Big Dogecoin FanI been openly bearish on Dogecoin for a while now, and recently I heard it went up due to some "TikTok" challenge by some people. This is one of the most illogical and risky reasons for a crypto to go up. Yes, it is a meme, and there are some technological merits to Dogecoin. However, given what has happened, this needs to balance back down close to its original price point prior to the past wave spike. Until than, I have and will be bearish. As always, everything I say is on an opinion based basis. That being said, please do your own due diligence. This isn't meant to be taken as any sort of actionable financial advice.