#COMP/USDT#COMP
The price is moving in a sideways channel on the 4-hour frame and we have a green support area at the 76 level
We have a higher stability moving average of 100
Now we have a nice breakout coming up
Our RSI indicator has a well reliable upward trend
Entry price is 90.00
The first goal is 99.30
The second goal is 107.27
The third goal is 118.37
Compass
Compass pointing South. CMPXWe are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
COMP LONG TREND UPDATEhello trading friends,
This is a small update for COMP
COMP Shows a great trend for green. and possible that we can see some increase trends coming time.
Manage always your risk, and check the trend on 2 sides.
Target 500 usd+
there is not always a reason to enter the markets always directly.
Have a great coffee time!
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Another swing trade idea for you! 😎Hey guys! Another trading idea for you! CMPS looks interesting for a swing trade!
In the 4h chart it is doing a good bullish pattern (harami) just above the 20ma and the 36.36 (red line).
The purple area is a resistance area, as the daily chart suggests.
CMPS just hit the 20ma in the daily chart too, along with the 20ma. If it loses these points, then we must wait for another entry point, but if it triggers the harami in the 4h chart, it has good chances of breaking the purple area.
This would be a pivot point for CMPS, that could lead it to higher levels, maybe the 50s!
Let’s watch CMPS closely! 👀
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
Compass Group - Buying the dip to the long term trend line.Buy Compass Group (CPG.L)
Compass Group PLC provides food and support services. The Company's segments include North America, Europe, Rest of World and Central activities. The Europe segment includes Turkey and Russia. The Rest of World segment includes Japan. The Company delivers services in sectors, including business and industry; healthcare and seniors; education; defense, offshore and remote, and sports and leisure.
Market Cap: £31.19Billion
Compass is trading in a fantastic long-term uptrend and this is showing no signs of stopping. The latest correction appears to have found some buying support at the long-term trend line. We expect the shares to rally towards the upper end of the corrective channel before eventually breaking higher towards new highs.
Stop: 1890p
Target 1: 2050p
Target 2: 2145p
Target 3: 2250p
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$CODI - Been waiting for this long and it's here!CODI - Compass Diversified Holdings
CODI acts very similar to Berkshire Hathaway in how they pick and manage companies. This has been on my radar since high $17 range in late 2017. I'm really comfortable with this entry although I wished I could've picked them up earlier. I am, however, comfortable with my entry at 15.55 (500 shares) since we are back above major support levels. This play pays out an annual 8.5% dividend so I'll be holding this for a long time.
My entry of 500 shares was at $15.55 today, February 12th, 2019. More info at wingtrades.com
BTC Update 25.07.2018 BTC Update 25.07.2018
As we predicted in our previous update, BTC went to as high as $8500, current bullish momentum is very high.
Right now after the huge run from $6300 to $8500, our team believes we are overdue for a retracement. BTC had a pullback to $8073 and bounced back a little. We have monitored the orderbooks on bitfinex exchange and noticed that many whales are putting their bids in the area of 7800-8000 USD. This indicates a very strong support just around the 0.236 fib level. If bitcoin manages to hold these levels, we are aiming at another leg up, possibly slicing through resistance of $8400 and targeting the $9000 region. We find this scenario likely to happen.
Another possibility is for an ABC correction to be in play, which means we could spike to $8350 now and then Bitcoin falls to previous support found around the $7750 mark. If we hit this point our team will be opening new positions on BTC with small leverage.