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Consolidation-breakout

SPX500 REVERSAL???Potential double top could be forming on the daily hinting at a new downtrend coming soon. NFP last week pushed us up but the bear quickly brought SPX back down to reality and now we are looking at a further push to the downside should price break the necessary trendlines. I am seeing heavy consolidation at this resistance level when scaled down to 1 and 4hr time frames. A pinbar has also formed on the 1HR so I would be looking to take up short positions on SPX in the coming days once price breaks out of the consolidation box. Comments welcome! Happy Trading!!
FX:SPX500Short
by blessedasalei
Possible Milk and Honey with Covid INOOther Covid players are occupying the spotlight... However, INO chart analysis looks promising! Including: 1) Double bottom has occurred, as indicated by the bubbles 2) Stock price did not give up 23June2020 gains 3) Stochastic indicator shows an uptrend 4) Consolidation volume in play; pay-tience pays here 5) Nice wedge formation, looking for possible breakout Solid green line shows $19.35 is solid support, it's retested here several times. The strategy: Buy the dip - $20.55 - only if stochastic supports a buy here, bull volume exceeds current trend Stop Loss 18.65 - allowing the stock's volatility to move north and south before a compelling move Target Sell #1 - 27.00 31.38% winner! Target Sell #2 - $31.70 54.25% Winner! !!BEWARE THOUGH, IF $MRNA PHASES AND FDA APPROVALS ARE IN TOW, THESE COVID PLAYERS MAY START TO DRY UP!!! *Let's see what happens* DISCLAIMER - I am not a professional trader. These are merely my thoughts and possible moves; i enjoy watching these stocks validate my process or slap me across the face lol. If you are in need of professional assistance with your trades, don't look here. I am not that guy.
NASDAQ:INOLong
by mrmaximo74
2
The potential for CARS.ComWe are looking for entry at retest $8.25 (limit buy) 1) This condition would be met if Stochastic is trending back upwards (buying the pullback on an uptrend) 2) Good bull volume, after consolidation; something compelling to make the move Stop Loss $7.66 Target Sell price TIER 1 - $11.12 34% winner! Target Sell price TIER 2 - $13.49 63.5% Winner! *Let's see what happens* DISCLAIMER - I am not a professional trader. These are merely my thoughts and possible moves; i enjoy watching these stocks validate my process or slap me across the face lol. If you are in need of professional assistance with your trades, don't look here. I am not that guy.
NYSE:CARSLong
by mrmaximo74
FKLI TRADING : 112) 1616-1620 STRUCTURE STILL HOLDWAITING FOR overhead resistance : 1616 1-620 TO BE BROKEN.... higher resistance : 1640 critical and strong support : 1587 lower support : 1560 -1564 PS : if a breakout abv the 1620 happens, then the advanced pattern becomes invalid... WARNING : this is juz a trading idea... thr is no indication of buying nor selling...this is juz my personal trading journal, trade at your own risk! **your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
MYX:FKLI1!Long
by HAIDOJO_trading
FKLI TRADING :106) sideway market for the past 9-10 dayshi, this is trade 106 frm haidojo trading...fkli has presented a pretty boring sideway market for +- 10days...if you trade a "box" tunnel, so this is the time when your winners are going to flourish...but if you trade a breakout pattern like I do...haiz, B...O...R...I...N...G... so awaiting either of the support level side 1587 or the resistance level 1616-1620 to be broken...according to what has happened recently, it is likely that klci will slip down slowly...but...who knows...??? WARNING : this is juz a trading idea... thr is no indication of buying nor selling...this is juz my personal trading journal, trade at your own risk! **your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
MYX:FKLI1!
by HAIDOJO_trading
does this look like an alien to you? Does that figure/pattern look familiar to you...? does it appear like some sort of alien shape to u or juz another common pattern known as "inverted head-and-shoulder" pattern...I found out that this pattern are quite popular amongst fcpo reversal patterns/signals...other than Double Bottom...normally you look for this at near bottom for a possible reversal signal... anyway, I totally missed this...so tis is the kind of mistake you anticipate when you trade pattern, as sometimes the "eyes" are not capturing those meaningful patterns...so I had better stick back into resistance level- current 2420... a breakout might retest 2475... a critical resistance or the "head" formation of a possible larger "head-and-shoudler" pattern...pls refer back to my previous episode if you feel lost... that's all for today...many thx if you like this kinda trading idea, pliz like and follow... WARNING : any ideas in this section should not be perceived as hint for BUYING or SELLING, trade at your own risk...
MYX:FCPO1!
by HAIDOJO_trading
top 20 jewel series : advance conthis is given by local bank, a top 20 jewels... fundamental : I don't know... technical : let's look at some price action... still in tight range trading after "The Big Fall" in mid March this yr... support : RM0.255 resistance : RM 0.455 waiting for a a=breakout abv the previous high to confirm further uptrend... now either wait for fall back to the strong support at Rm0.255 or any reaction to retest the high this is juz a trading idea...trade at your own risk plz like and share...
MYX:ADVCON
by HAIDOJO_trading
Biocon from 5 July 2020Biocon is again showing sign of coming out of consolidation zone though volume is not increasing much MFI is increasing n possible breakout possible monthly analysis 1. at max 15 % increase possible ---> 400 * 1.15 == 460 ( at max ) (highly unlikely ) 2. at max 15 % decrease possible --> 400 * 0.985 == 340 ( at max ) ( highly unlikely ) safe upside setup is to buy at 401 with SL : below swing low with target of 2R option strategy .. Heart of steel --> Million miles journey 1 .Sell 340 PE + Buy 300 PE ( less margin req )
NSE:BIOCONLong
by Trade_with_yash
2
FKLI TRADING : 80) bearish divergence formation in daily chartthis is trade no 80) frm haidojo trading... bearish divergence is formed in daily chart for fkli-july so it is possible a signal for reversal... fkli is facing resistance for 1620-1640 range... current support level : 1580 lower support level : 1560 thr is no confirmation shift of trend yet...therefore shorting the market seems to be a bit too early...however, eyes wide open for more reversal signals to come... WARNING : juz for educational sharing, not for buying nor selling hints, pliz trade at your own risk
MYX:FKLI1!
by HAIDOJO_trading
FCPO TRADING : 76) sequences of higher-highs and higher-lowsthis is number 76 trades which I have discussed here, in tradingview. in normal condition, IF you see formation of sequences of higher-highs and higher-lows then it is most likely the market is going to break to the upside...watch out for : current resistance : 2434 higher resistance : 2474 (the "head" in a possible "head-and-shoulder" pattern) strong support : 2300 I am a breakout trader, so I am anticipating a breakout to the upside... I am no expert but I definitely luv trading... so gud luck and gud trading! **PS : as a token of encouragement to motivate me further, I am really in need of some "LIKE" and "FOLLOW" **
MYX:FCPO1!Long
by HAIDOJO_trading
ICX/USDT - LONG - POTENTIAL 21%Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile PAIR: ICX/USDT T/F: 1HR LENGTH: MEDIUM ENTRY: 3819 TP1: 3963 TP2: 4069 TP3: 4537 TP4: 4644 SL: 3626 NOTES: - Consolidation period - Pullback sitting on support - Minimal upwards resistance - If support holds then it should continue uptrend - Uptrend - S/R Potential Flip ***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's*** Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am taking please trade safely and responsibly.
Long
by Kryptochristian