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Will Zoom (ZM) Continue Its Bull Run?We are looking at Zoom (ZM) right now. This stock has obviously benefited a lot due to the COVID-19 and the various lock-down imposed by many countries all around the world. . From our technical standpoint, assuming the bull-run continues, we are looking at an initial resistance at $287.35. If this level is being taken over, we are watching an important psychological level of $300, and to be precise, our next resistance level is at $302.96. . Good trading! From the Desk of NinjaSingapore 19 August 2020
NASDAQ:ZMLong
by NinjaSingapore
2
What is the Next Move for NASDAQ 100 Futures?Quite frankly, we don't know the answer. The index continues its uptrend and therefore, hit the all-time high on 18 August 2020. . From our technical standpoint, assuming the bull-run continues, we are looking at an initial resistance between 11700 and 11841.50. That's a short technical analysis and we shall see what the index is going to do in the next few trading sessions. Good trading! From the Desk of NinjaSingapore 19 August 2020
CME_MINI:NQ1!Long
by NinjaSingapore
2
CHFJPY Technical Analysis UpdateTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (114.3). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CHFJPY is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 36. Take Profits: TP1= @ 113.85 TP2= @ 113.10 TP3= @ 112.40 TP4= @ 111.80 TP5= @ 110.45 Trade Setup: We opened 5 SELL trade(s) @ 114.07 based on 'Peak' at 14.07.2020: Total Profit: 286 pip Closed trade(s): 22 pip Profit Open trade(s): 264 pip Profit Closed Profit: TP1 @ 113.85 touched at 07.15.2020 with 22 pip Profit. Open Profit: Profit for one trade is 114.07(open price) - 113.41(current price) = 66 pip 4 trade(s) still open, therefore total profit for open trade(s) is 66 x 4 = 264 pip SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
14
Visa double top and beyond or sell?Hello traders and analysts, Here we have our first sharing of Visa (V) a stock we have held for a long time due to the constant growth and consistent dividend returns quarterly. Technicals - Purchased 2nd order batch during the break out of the monthly zone . - but the zone is a monthly zone so keep it technical this is important to show a good demand zone. Weekly levels - identified as potential supply zones but the monthly double top formation kept showing a strong bullish momentum. Weekly zones became new supplies in the swap zones. Notice the imbalance candles which are present inside these zones. Fundamentals: warning of economic downturn with spending cuts to households - with millions relying on stimulus paychecks - credit is still a valid use of fund transfers of course and will always be, however the slowdown will become clear. Price fared very strongly during the crisis of 2008, with a strong growth retained throughout the recessional period. However, be aware of consolidation between 2011 - 2015 - slow sustainable growth but not many down periods to provide demands. The recent 2018 - 2020 shows larger swings with multiple fundamentals in play. Always look left. The next option is to consider once in the supply zone all time high, what will price show us? A strong retest to produce and all time high or show a rejection upon the supply, we do not predict the future, but prepare for forward scenarios as price reacts. Why follow us? Updates on our pairs as and when we can. Swing trade out looks 10 years combined experience in capital markets simple breakdowns for beginners to advanced . KISS - keep it simple stupid. we trade purely from naked charts, less indicators - remove the noise. If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes. Thanks, Team Lupa
NYSE:VLong
by LupaCapital
NEXT WEEK IMPORTANT MOVE - DOLLAR TREE INC - 240MN - MY IDEAThank you for your likes! Well appreciated support! Please share to benefit the community. Thanks and enjoy! ____________________________________________________ We observed that the DOLLAR TREE INC price have been going up but ranging between two very important lines. The support blue line and the top resistance which has been at a higher level in the past. This pressurized the price which try to get out of triangle range . Several pullbacks confirms our idea. This has illustrated a very high pressure zone in which the market will be evolving from next week. Next week is crucial! We can't at the moment confirm at 100% a certain direction but the probability of seeing the market opting for the short side is higher because of the presence of a SUPER resistance above. We can stay ready to enter : - When one of the blue lines will be broken - When a large candlestick will be formed . Possibilities: -The market could retest the support line to get some power on super pullback up, strong enough to break the resistance. -The market could again test the resistance and break the support line . This would be the best for all traders as that support line is easier to break and is more likely to create opportunities for large profits.
NASDAQ:DLTRShort
by Diallo_Charts_Ideas