Equitytrading
IBEX35 Trade still in play. Huge R:RI initially posted IBEX 35 set on July 30, it's taken quite longer than I thought it would but the trade is still in play with even better risk reward ratio.
Original chart
Share your thoughts in the comments below
Like and Follow for more content.
See related links for previous idea
Good Luck!!!
NAS100 Potential short opportunityNAS100 has broken out of a continuation structure, waiting for the price to breakthrough the support level and be in for sells.
Share your thoughts in the comment section.
Like and follow for more content
Good Luck!!!
FAANG + Nasdaq is ready to be sold. SHORT here for ~20%Both the Nasdaq & the FAANGs are flashing SELL signals here that are good for ~20% drop.
See related Nasdaq analysis! (... and energies, and interest rates, and the metals, and... :-)
Nifty 30M - OutlookNifty has been testing it's important level 9400. Looks like NIFTY will retrace from here to 9000-8800
RELIANCE EXPECTED CHART PATTERNITS FREE MINDED DRAWING,ITS FOR EDUCATIONAL PURPOSE THINK TWICE BEFORE TAKE TRADE BASED ON THIS INFORMATION
THANKS FOR YOUR LOVE AND SUPPORT .
FOR MORE STUDY FOLLOW AND LIKE.
CDE - attractive entryNYSE:CDE is one of the most volatile ideas in the gold mining space. So if enetered correctly it offers relatively quick and attractive rewards.
Currently idea is retesting major support level, through which it broken up in early November. And if uptrend is to continue in this miner, should not go much lower than current spot.
I am entering with idea to hold it as potential long term holding.
GOGO - bottoming is almost done?For the last 6 months NASDAQ:GOGO is consolidating in what appears to be bullish flag.
Right now price is close to multiple support levels, and with healthy MACD divergence, reasonable to expect potential bottom around current area soon enough. Thus long entry might be attempted.
Royal Gold - another miner to buy at supportNASDAQ:RGLD is one of the leading stocks in gold mining industry. It started major rally earlier than majority of other miners last spring. And was one of the first stocks to caution that pullback is likely in AMEX:GDX in January 2020.
Right now it sits right near major support level, and in bullish scenario this is constructive level from which new leg higher should start.
AEM - good low risk entry?NYSE:AEM is punished after earnigns release this morning. However good level to attempt low risk entry as price is at major support zone right now.
Bitcoin mapping alternatives - Total Market capUsing the Fibonacci time zone from swing low to swing high, we can clearly see how it correlates to big pivots. I like using this at higher time frames.
SQ - start of new rally? NYSE:SQ is attempting to break out from consolidation pattern in symmetrical triangle.
Strong volume pattern in recent days and strong relative strength vs S&P-500 since the start of the year (and esp. on recent down days), suggests ithat significant rally may follow
Low risk opportunity in AK SteelAfter breaking through inverse H&S and long term resistance in December and making nice rally afterwards, NYSE:AKS continues to correct in what appears to be bullish flag.
However, now stock finally is approaching various support lines including IHS neckline and current market sell-off may be used as a nice opportunity to attempt low risk buy entry for another major leg higher, if it comes.
JKS - time to take some profits?Since recommendation in November NYSE:JKS is +40%, and is now appraoching major resistance region. Therefore, it is wise to take some profits, with idea to reload after some period of consolidation.
Overall, chart is very constructive and healthy pullback with potential inverted H&S should build strength for much higher levels in the years to come.
VMW - Potential Short Opportunity Trade Overview
Profit Target = 50% fib retrace (around $142)
Exit signal = Close trade if price closes above $155
Rationale:
- VMW in triangle consolidation pattern (possible continuation pattern)
- Price resistance at $155 (hence using a close above this point as the exit signal)
- Failure to breakout of 1 ATR channel
- Moving averages clearly indicating a downtrend in place
- Overall tech sector is also showing signs of weakness
$JSEZED Zeder consolidating on the back of a PFG buyoutZeder is consolidating in a channel in anticipation of the Pepsico - Pioneer buyout. Zeder owns 30% of Pioneer Foods. Upside target 540 if the channel breaks to the upside.
Russell 2000 to Lead US Equities Lower?We have what appears to be a reversal pattern here with the Russell 2000. You can call it a head and shoulders although not textbook. Again it shows a shift in trend from higher lows to now lower highs.
The neckline has been broken, and I am using the 1575.80 area as my lower high swing.
Lot of debate on what leads, the mid caps or large caps. In my experience, I have seen money flow into the mid caps first before the large caps. Again, this is just a trade to the zone I have depicted below. Like the set up and confluences we have here. Also, if more recession signs appear then the Russell will take a hit as well.
Nikkei Break Out Nearing?Our Dax and ESP 35 trades are continuing as mentioned in previous posts. It seems cheap money and easing will keep stocks propped as there will be nowhere to go for yield. Of course, a geopolitical issue or black swan event can nullify this...and I believe there will be a confidence crisis approaching.
However, we will deal with that when it appears and the bond market will give us the signal for this.
I like what I see here on the Nikkei. A nice downtrend with basing/range. You can say a cup and handle pattern too. Let us await for a break above this resistance one.
Other confluences fake out candles and engulfing candles at the major support below, indicating that we may have shown 2/3 market moves (downtrend and range).
I am bullish on this small-cap stocks I am bullish on this small-cap stocks .. We believe in buying small cap stock with great potential.. This one call for a bullish position trading strategy.
TCS testing high of Sep 18?TCS again rallying up to its high to test May 19 and Sep 18. Expect high volume on that level which might give a dip.
Enter with confirmations. Might prove it to be a good intraday trade or can be a long term with good reward if HOLD.
Mori-Gumi wave 4 bounce possibleHello,
This post is for me primarily. Here is a relatively undervalued equity paying 4% dividends and a PE of 5. Just another stock that I have decided to chart in my search for undervalued Japanese stocks.
If you think US, EU etc treasury bond yields are low try a negative yield in Japan. A 10 year bond returns -0.05% (yes negative) and a 2 year -0.156 as at the 15th of May 2019. Compared to submitting yourself to a guaranteed loss, some low to medium dividend stocks must start to look attractive to the market.
Anyway, my post is conditional; A long entry may want to wait until a small rise and then a higher low being set before entering. Making it back to the 0.382 fib level would be over 60% and the 0.236 fib level: 32%.
Now, I may have counted wrongly and the 5 wave, wave C down has already terminated (it is rather hard to tell given the price action). In that case, expect higher highs.
Hang Seng index Approaching Support, Prepare For A Bounce is app
HIS is approaching its support at 28788.6 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 29422.9 (50% Fibonacci retracement, horizontal pullback resistance).
Stochastic (89, 5, 3) is approaching its support where a corresponding bounce could occur.
SPX reverse off horizontal swing high resistanceSPX reversed off our first resistance at 2956.0 (horizontal swing high resistance) where a strong drop might occur below this level pushing price down to our major support at 2856.0 (horizontal swing low support, 38.2% Fibonacci retracement , 100% Fibonacci extension ). Stochastic is also approaching support.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
