Activision and it's recovery after Diablo 4 mobile version.... I was watching that announcement back in 2018. I think that it was great year for gaming community not in terms of good games but the power which costs Blizzard quite a s sum of money. Last quarter of 2018 bring huge appointment's like Diablo 4 mobile, battlefield 5, Fallout 76 or Anthem. Greed and lack of respect for customers I think reached very high level.
Definitely blizzard is the company which is delivering most of the time the best quality games. I believe that ppl will argue with me etc but it is not the point.
Point is that I have seen Diablo trailer, Diablo game-play, word of Warcraft classic was a very good move in my opinion too.
If U look at the chart U will see that the drop stopped at 50% and it trading above 200 EMA. W.D. Gann often pointed out 50% as the important place on chart.
If U believe at bull market for the next five years or so I'm pretty sure that entry at this level would be profitable and blizzard stocks will go beyond 100.
Blizzard made also some cuts after that drop in share price which will have positive affect on share price when good games will be coming up.
I will look for more info about it and if U have something interesting in regards this chart share.
Exponentialmovingaverages
WM - Cleaning Up The GarbageXLI is a sector that has recently broken out, looking within that sector, WM seems to be showing some bullish potential. The stock is trying to successfully bounce off a test of the 200-day EMA line. Any continued strength will push the price back above the 10-day EMA line. The stock is also exiting an oversold condition.
I am targeting the $115 & the $120 price levels as they are the 100% & 161.8% Fibonacci Extension levels.
S&P 1D and 1M Heikin Ashi is on a TD Sequential green 9 sale.(On the daily time frame.)
Not to worry friends. Given this green 9 Heikin Ashi sale signal historically the the candlesticks go sideways and slightly down for a week to 2 weeks and then it is onward and upward from there. The traditional candlestick chart pattern shows that the Heikin Ashi green 9 sale occured 8-9 days ago and it blew through that sale signal.
(On the monthly)
There is also a Green 9 sale signal on the monthly Heikin Ashis as well, however, historically going back in the charts to 2007 the candlesticks twice ignored the TD green 9 sale and the patterns continued upward. Two other times the candlesticks fell roughly 150 points and the third time was the 2007 housing market crash and we all know what went down then.
The 50 and 200 SMA and EMA shows the that the trend is moving upward.
The RSI is in the overbought region barely and it indicates a down-ish to more sideways direction.
The MACD shows bullish crosses on the daily, weekly and monthly time frames.
The best and most likely case scenario on all time frames is; S&P shakes the TD sale signal off with some sideways to down-ish movement from profit taking and and the economy keeps rolling on.
Worse Case scenario on all time frames. On the daily the candlesticks fall to the 2868.7 support level I have plotted above. On the monthly the price could fall to 2608.8 and held up by the 50 day SMA and EMA. On the monthly the most terrible worse case scenario would be the candlesticks falling to the second support level at 1955.8 being held up by the 200 day EMA and SMA.
I will post the monthly chart next. Please go to my profile to see it.
Thank you,
Feedback and criticism is welcomed so please do so. If you like this chart please let me know and following me would be fantastic.
MCD t.a. & set upMCD is showing signs of an overall long-term uptrend pattern, & is currently trading above the SMA200, signaling a possible long entry. On the daily chart, possible cup and handle also forming after a significant pullback occured early/mid September. Also, last session the price opened above, and closed above the EMA21, signaling a potential intermediate uptrend is likely if price continues to consistently close above EMA21 level. Additionally, The EMA5 recently crossed up & above the EMA10, signaling short term bullish momentum. Considering this combination of confirmed and pending signals:
A good entry might be; if the price breaks above and closes above the SMA50 level.
*another option could be to take an initial entry if Monday opens above the EMA21, and then add to position if price breaks/closes above the SMA50
A stop could be set at: any close below the EMA21 @ -1%
A good target exit might be best at: Known resistance @65-70 RSI area, or any close below the EMA10 level @ +4%
Risk/Reward ratio optimal @ 4:1
TLT t.a. & set up 9.21.19TLT is showing signs of an overall uptrend pattern since Nov '18 on the daily timeframe.
TLT price has a history of "breaking into a strong uptrend" after the following pattern/sequence is met:
1. EMA21 fails as support during a pullback, signaling a potential dip buy opportunity
2. Price retests EMA21 as resistance and then breaks back above it, signaling bullish momentum
3. RSI level breaks above it's own SMA50, signaling a strong uptrend may follow
A potential entry could be; price remains above EMA21 & RSI confirms a break above the RSI SMA50.
A potential exit target; when RSI level becomes overbought near 70+ level @ +2.5%
A potential stop set at; any "end of day" close below the EMA21 level @ -0.50%
LONG position offers good risk/reward ratio of 5:1
BTC INSIGHT: MOVING AVERAGESHello all! Thank you for checking out my post! Leave a comment bellow!
I decided to show the BTC chart without the noisy price action. When we just focus on the short, intermediate and long term moving averages, it becomes quite clear as to where the expected buy and sell pressure will be waiting. The colored numbers represent these exponential moving averages' time periods. Depending on which time scale chart you are in, the number will represent a different length of time. For example here on the 1W chart, the 13 EMA represents the moving average over the last 13 weeks. The 200 W moving average - nearly a 4 year moving average - is arguably the most important aspect with investing. When these averages go above or under one another, the trend changes. When the short term EMAs cross below the long term one, it is appropriately called a death cross. When the opposite happens, and the short term moving average crosses above the long term one, it is known as the golden cross. It is important to watch the interaction of the shortest time frames as they show the most likely top at the end of a major cycle. The gap between the 13 and 21 EMAs between the 55 EMA will stretch when price is getting too high or too low as marked by the purple arrows. During the bull cycle the 13 EMA never went below the 21 seen here by these white arrows marking price points. During the bear market the price was kept down by the same EMA of 21 W and never got above. As it turns out, the best place to buy, is as close to the 200 W as possible. This is where we have seen BTC's price stretch far below the 55 W and offered us the lowest entry. We would now be expecting the 13 W to hold above the 21 W until we see the top signal gap of the discussed EMAs or price simplly breaks down!
Bitcoin major support on weekly 21/55 EMA and Monthly 21 EMAIt's doubtful at this stage bitcoin will ever get below $8000k because of the major fast rising exponential moving average (EMA) supports which include:
Weekly 21 ($9310) and 55 ($7720) EMAs
Monthly 5 ($9200) and 12 ($7850) EMAs
(All values using Bitstamp)
Bitcoin - Grinding the Swing Long ~ 9/2/19I focus on providing live education and support to those interested in trading, Cryptocurrencies, and Blockchain technology. You will learn charting techniques, technical analysis, and the most popular cryptocurrencies for trading. My content is ideally suited for beginner to intermediate level traders.
GBPNZD LongGBPNZD, -has just broken Daily EMA200 & retrace to reject EMA200 to act as a dynamic support.
-broken 0.5% Fibo and retraced back to 0.5 level so there's a high chance of it bouncing right off to head towards the next level of resistance.
A buy stop is placed 10 pips above current resistance level on H4 , waiting the breakout to capture 50-100 pips in 2 days time, that being said if you were to zoom out to look at a bigger picture, you'll be looking at a triangle pattern which I'm optimistic that it'll be pending to hit the trendily above.
Fundamentally speaking, Trump is going to have "breakfast" with Boris which in my opinion they might come up with some scheme to counter the situation they're in. XAUUSD(GOLD) had reached a weekly high which is waiting for a strong pullback & pound currently needs some strength in having a deal in brexit. So, this week is going to be a fun week of breakouts for GBP & USD pairings, trade safe :)
EURAUD LongEURAUD had a 120 pips spike on H1 CS, so usually when this kind of phenomenon happens, there'll be a relatively strong pull back either partial of CS or an entire pull back to the resistance where it broke through to test as a new support.
However, I'll be looking for a buy opportunity in the box, if it bounces at that area for a double bottom on H1 chart.
Not really fond with EUR fundamentals, so this is entirely based off technical only. Trade safe :)
GBP JPY LongGBPJPY H4 showing a possibility of perfect bull entry at it's trend support.
H1 - Broken EMA200, will be retesting it as a dynamic support.
- Currently still locked in a channel, waiting for a breakout at H1 resistance ( 129.624 )
H4 - Can see a significant breakout of the channel stated in H1 chart bounced back down in respect to trend resistance. Might indicate a possibility that this pair respects trend > channel S&R.
- EMA200 is still far above and to be estimated reaching FIbo 0.5 level & Trend Resistance. ( 3 Strong Confluence to look for a sell in this 2 weeks time )
- 2-16 August had formed a reversal pattern ( Head&Shoulder) , so it's possible this is going to be a bull sentiment for GBPJPY.
Godwilling, Pound is going to be well fundamentally as most of the GBP pairs I've analysed technically is going bullish with a reversal pattern backing up my trading plan. Trade Safe :)
Basic Trading Chart Set-upI focus on providing live education and support to those interested in Blockchain technology, Cryptocurrencies, and Trading. You will learn charting & technical analysis, and the most popular cryptocurrencies for trading. Our content is ideally suited for beginner to intermediate level traders.
4hr chart 50 & 200 EMAs currently at a stalemate. Neutral until a confirmed break here however my assumption is we will see a inv h&s fakeout breakout taking us up to 11.1-11.2k and then dumping not long after to instigate the exponential 4hr death cross eventually bringing us down to the gap at 8.5k potentially. Just a thought...it could also very easily hit the full target of the inverse hea dand shoulders pattern as well or even never making back above the neckline. So for now I remain neutral.
NEWS: BTC lost support on 55 EMA - is the bull run over?Since the weekend, BTC had been in a range between the critical 21 and 55 exponential moving average - the latter coinciding with the 0.382 Fib retracement level, and just below the psychological $10,000 level.
In the last hour the 55 EMA has failed and we are left with three potential targets:
$8000 at the 100 Moving Average
$7400 at the 0.618 Fib retracement level
$6000 at the 200 Moving Average
Most of us would agree that BTC has the potential to go to $100,000 and beyond over the coming years. But these things take time and should take time. Let me know your thoughts below... where are we going to next?
Here is the link for my free EMA/SMA indicator , which you can see has proved invaluable to tracking the bull run of the last few months. As long as we stay above the daily 21 EMA = the bull run is in action. Once we drop below the daily 55 EMA = a strong indication the current bull run may be over. The 100 and 200 MA then step in as the strongest and most respected of long term support.
Also save crucial space on your Trading View chart by utilising my RSI and Stoch RSI free indicator which overlays both in a clear and helpful fashion.
Please give me a thumbs up and follow me if you found my analysis interesting. This is for educational purposes only and not a recommendation to buy or sell.
SPX500 Short Idea. It's about time it humbles itself.So there's a few good reasons this is a good short.
1. Using the Rsi you can see it's being pinched against the 70 levels very tightly now. It should break through that trend line holding as support.
2. Price has reached a Resistance level set by the 3 peaks that occurred in October-December
3. Pretty good Inverted Hammer that occured on 2/25/19
4. Spx500 has had a very strong rally since the new year and it's about time it humbles itself.
You can take profits at the daily 200 EMA and take profit 2 would be set at the downward trendline.