EURUSD dip buyers retain controlThe euro currency is starting to recover short-term bullish momentum against the US dollar, following a brief test of buying demand below the key 1.1490 level. The intraday sentiment surrounding the EURUSD pair remains bullish while price trades above the 1.1490. It is also worth noting that the EURUSD has performed two consecutive daily price closes above its one-hundred day moving average.
The EURUSD pair is intraday bullish while trading above the 1.1490 level, key technical resistance remains at the 1.1550 and 1.1600 levels.
If the EURUSD pair moves below the 1.1490 level, sellers may test towards the 1.1460 and 1.1430 support levels.
Dipbuy
PIVX seems good to buy hereAs you can see pivx is holding trend line support.
As of now it is on support where we wanted buy.
Get some here.
Buy between 2000-2100
Current price 2064
Targets:- 2195,2300,2385,2490
Hold for 0-4 weeks.
Its price can go down even more if market gets crash.
Don't buy 100% of your portfolio for this coin. Buy 40-50% here and rest keep for if market gets crash.
Invest at your own risk. profit is yours and loss is also yours.
HEXO Cannabis Investing - The dip b4 big money...still dippingSo Cannabis investors, HEXO is at the a dip and 786 fib retracement. Is this the dip before a November federal bill allowing legalization state by state, or will it go near full retracement?
High 9.29, current 5.70, full retracement 3.98.
Canopy Growth is 618 fib retracement. The better the stock the lower the dip. I'm using weekly charts and than switching to 1 day and 4 hour charts for potential limit entries.
Other favorites are Tilray (TLRY), GW Pharmaceuticals (GWPH) and CBD suppliers CVSI and CBDS.
We're getting hammered from credit debt and waiting for the final hammer to drop.
TSX:HEXO OTC:HYYDF
CGC CRON NASDAQ:TLRY NASDAQ:GWPH OTC:CVSI OTC:CBDS
Pick & shovel options:
OTC:BLOZF THC Test devices...riskiest play in my view.
OTC:KSHB Packaging, labels, and extraction products
NYSE:SMG Hydroponics, equipment, fertilizers
NYSE:IIPR REIT asset leasing, property
OTC:MNTR Financing, asset leasing, property
58.COM - $WUBA - Dip Buy - Quick Swing TradeLooking at $WUBA's last earnings (beat $0.12) and revenue (beat $22.26M / +36.4%) on 5/24 - I see that it is currently trading below the 2x standard deviation band on the linear regression line. I'm going to monitor for entry in the next couple of days and scan for news related to this company. Looking to swing trade some Calls as it re-enters the linreg bands.
Gardner Denver Holdings - $GDI - BTFD! - outside of stddev bands$GDI - Looks to be far out of the linear regression 255-day - 2x standard deviation band. I haven't found any negative press upon an initial screening, so I'll prepare tomorrow morning to search in depth to find more news / catalysts. Otherwise, I plan an entry into some calls while I BTFD.
6/14/18 GDI is going to perform a presentation at a conference. I'm assuming it's not a big deal or major catalyst, but who knows.
Fang.com - $SFUN - Dip / Swing / Seasonal (Real Estate)$SFUN Holdings / Fang (formerly SouFun) is trading right in my zone. I'll be looking at some calls for mid-July if possible -- depending if we see the sign of the first bounce or not.
Looks as if support is available at ~$4.50 territory, so if it reaches there, I'll enter. If it begins to bounce before then, I'll also scout an entry at that time.
6/22 ER date might change my game plan. This one's on my radar regardless.
MKSI Instruments - $MKSI - Dip$MKSI is trading far below the 2x stddev on the linear regression 255-day chart band. I'll be monitoring this one for the next few days, scouting an entry. I haven't found much news with a preliminary sweep, so I'll be aiming to buy calls before their next earnings report.
Knight-Swift - $KNX - Swing-Trade | Dip-buyKnight-Swift ($KNX) posted an ER beat and Revenue miss on 4-25-18. I'll be entering into some 6/15 calls with a price target of $41.75 where I'll let those go. Hoping for a fun swing trade on this dip. It's currently trading below the 255-day linear regression 2x standard deviation line.
USOIL Bears Are Back With VengeanceMy previous USOIL trade setup failed dramatically. Losing trades are regarded as a business expenditure once risk management is set up properly. It seems USOIL is going through the long-awaited pullback to bring this market back to normal state form being way too overextended. I anticipate bears will try to take this down to around 6750 where they will potentially take profits en masse, thus attracting trend continuation players. It seems reasonable to monitor that area for potential pullback long entries with $1.75k risk and $5k return per lot. This is a lower probability setup with exceptional R:R - worth a try.
Graphic Packaging Holding Company - $GPK - Quick Dip SwingWatching $GPK for significant increase after the $0.02 ER miss. I'm considering the dip qualified since it holds far below the 255 day linear regression 1x stddev bar.
Their Revenue was in-line and the miss on earnings was rather small. I'm looking for a push up to at least my Price Target of $14.80.
I purchased $15 6/15 calls on 5/14 and expect to sell at my PT.
I don't expect major catalysts / news from these guys, I'm just looking to swoop this dip with a little bit of leverage.
Raytheon - Buy The Dip - Sell the TrendRaytheon had a nice earnings beat and the price took a tumble. Hopefully we will see a return to the previous growth trend (shown with Linear Regression @ 250 four-hours).
I've seen two articles on Seeking Alpha screaming the same thing I am:
BUY THE DIP!
The 'rate of change' graph shows RTN rate of change vs. SPY rate of change. It's just a script I'm working on right now.
SeekingAlpha articles:
seekingalpha.com
seekingalpha.com
XCRA Daily Chart Analysis - 3rd MayXCRA had a nice pin bar setup right at the 20MA and the risk vs reward seems pretty decent as well
YNDX long ideaI think YNDX presents an attractive entry at its current price. The stock has been trending upward since late 2016 (see regression channel). Yesterday, amid broader weakness in Russian names following the US-Russian dispute over alleged gas attacks by the Syrian army, YNDX dropped from the middle of its regression channel all the way out. Today that weakness continued and the stock is now at a 61.80% retracement level of the runup during its almost 18-month bull run.
Besides the Fibonacci level, there's past support in the horizontal rectangle stemming from its 4 months consolidation in the current price range, late last year.
My idea would be to go long YNDX around today's closing price, with a stop around 32.50 and a target of around 37.00. My rationale would be this: Given the strength and duration of the past momentum in YNDX, I would be surprised to see the stock roll over without an attempt to recapture the bottom end of its regression channel. If the stock would remain in the horizontal rectangle for more than past the end of next week, I would close the trade, as momentum would likely have dissipated by that time.
BLUE long if strong tomorrowBluebird has been a strong performer over the past year, which is now testing support. It probed its rising trendline support yesterday, and today dropped below that and tested its 100-day SMA. It seems that valuation concerns are the reason that the selling got underway a couple of days ago. But I haven't read anything negative about the strength of their pipeline. I do agree that a $10B market cap is a lot for a pre-revenue biotech. But there are some very large indications getting addressed by BLUE (sickle-cell disease and myeloma, just to name two). I am not sure what to make of the CELG partnership, now that CELG has bought BLUE competitor JUNO. But all in all, I do like BLUE for a bounce after 7 days of selling. If it's green tomorrow, I would favor a long entry.
MYOK longSmall development-stage biotech with ample cash and a partnership with Sanofi. Heart disease focus with initial compound entering Phase 3 trials. No immediate catalysts, but looks like a decent technical setup. Momentum leader that has quadrupled over the past year, currently in a meaningful pullback.
Ideally would like to see it test the Feb lows and rising trend support around 47.50. But if it's strong out of the gate tomorrow, I might just buy in.
BTD/USD - Is BTC Going to Fall From Sky Start @ 01:30 UTCVery short video simply to mark a spot on my charts of when BTC is supposed to fall to like $7800.
I came across a tweet that mentioned this and after clicking through tweet after tweet came across the orginal post. I think the guys name as Marcus Landom or something like that. Supposedly he's pretty accurate in his calls on cyrpto, so i thought I would post this video to make my chart with a vertical line of when the fall it supposed to begin. Apparently it's supposed to fall rather quickly.
I guess we will see. Let me know your thoughts.
[LTC/USD] WATCHOUT! RED ALERT! FORK LCC WILL HAPPEN 2-18-18Be very careful, I speculate LTC will potentially plummet after fork of LCC is completed since people who recently bought LTC will sell it back into the market watch it tank and then maybe buy it back much much cheaper. Watch the LTC market after Sunday after the fork....... I just became aware of this info this SAT morning on Feb 17, .. Fork will happen on FEB 18 SUNDAY..
The software from litcoin.org takes 3 days so if you try to get your free LCC I believe its too late since it will take 3 days for the dam software to download. On the other hand, I will watch LTC and potentially buy some when it tanks all the way to the bottom after this LCC (litecoin cash) fork..
Below are all the links so you can make your decision!
litecoin.org
litecoinca.sh
youtu.be