Dipbuy
Bought the AST DipPicked Up a few alts on this little dip.
Will be nice swings if crypto decided to adopt the "Better than V-shaped recover" attitude.
Probably going to hold this for longer depending on how ALTs are looking when we get there.
Bought the REN DipPicked Up a few alts on this little dip.
Will be nice swings if crypto decided to adopt the "Better than V-shaped recover" attitude.
Would be nice to use some of the REN to play defi later. :)
INTC - Crosses over lower Keltner channel Intel Corp ( NASDAQ:INTC ) was one of those stocks that recently dipped post earnings. Adding fuel to that fire, was a recent departure of one of their engineering executives and a securities class action lawsuit. At that time we posted an article called "Buy the Dip?" Where I was talking about how it would better to wait for price action to come back into the lower keltner channel before considering any long positions on INTC. However a few weeks have passed since the dip and now the stock has crossed into the lower keltner channel. Usually, when a stock goes through a big dip I have found that it will begin oscilatting between the Keltner channel bands sometimes extending into the bollinger bands. So. I would like to see if INTC goes up to the upper keltner or bollinger bands within the next week.
BTCUSD 1D. Trend reversal if ema20 breaks, otherwise go longOn a first glance the BTCUSD rally is in trouble.
RSI bearish divergence is evident; bulls failed to keep the price above
Crucial resistance of 11800. Not to mention 12k.
However, on a plus side - ema20 served as a support as we observed a bounce.
This bounce from ema20 also coincided with the trend line drawn across recent lows.
I am using this as a buying opportunity - first target 12400, second target 13k.
Break and consistent price action below the trendline and ema20 would invalidate the bullish case short term
Therefore, I am placing a stop loss below it at 11451. If ema20 doesn’t hold its a higher chance we will see dips to 10-10.5k.
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.
BTCUSD 8h mid-term plan: buy the dips, take profits above 14kTechnicals:
Bitcoin price action broke through the down-trend line (drawn from ATH to 2nd LH)
Large sell orders were filled at 12000 and triggered the dip
10588 resistance held two times, confirming positive outlook short-term
Fundamentals/news:
post-halving value increase
fiat keeps depreciating due to continues stimulus influxes
nowhere to go for investors who wish to take money of stocks/bonds but to gold (which will spill into bitcoin inevitably)
ETH 2.0 will be released, that will too spill into BTC action
any positive news related to pandemic (vaccine, etc.) will be inevitably positive for bitcoin (all the stocks will be already pretty high, nowhere to go but cryptocurrencies)
Our plan is simple
Buy all the dips. (touch of your favorite MA, lower Bollinger band, etc)
Allow more room than usual, and more risk than usual for stop losses. (10% of capital per trade, double the risk, keep pyramiding)
specifically today - buy in 11.2-10.6k range. significant drop below 10.5k invalidates the idea
break above 12.3k validates the idea - here we increase our risk, place one and only stop loss at 10.5k, and let the profits run (no trailing stops) - we will consider exiting the trade, when there is a reversal signal (cross of EMA 10 and SMA 50 for example)
***not giving any advice - this is simply what I plan to do myself. i am responsible only for my own losses.
TESLA: When Is The Next Bounce?NASDAQ:TSLA
DISCLAIMER: This is not a "technical analysis" and more of a "hypothesis" for my future inquiries with this stock. I am personally an optimist for the EV industry and hope for it to grow.
TESLA stock price seems to respect the 200 period simple moving average in an hourly time frame. Since the 'golden cross' in late March, March 30th to be exact, the price has bounced off the 200 MA at least 'ten' occasions. Even if I don't go into all those pessimism regarding the company's fundamentals or overvaluation and stick to the simple trend analysis, the question remains: "when will be the next bounce?" Or is it a break of structure?
If you find this interesting then please let me know your thoughts. I will be posting more in this topic in the future.
$APHA Dip at OPEN will be a BUYING opportunity!!APHA will likely dip towards the 200MA
on the open but then will raise to get
back into the previously established channel
on its way to:
1st TARGET - 7 and 25pennys
Half a BILLION in $$$$
This company has a STRONG balance sheet!