Fox Corporation (FOXA) has impressively rebounded twice from the 88.6% Fibonacci support, displaying resilience. Notably, it consistently breaches downtrend trendlines. Seizing this buying chance, we remain vigilant, especially focusing on the Fibonacci support.
ROKU trended up paradoxically from less than a fairly weak earnings report about November 1 '23 and then reversed into a trend down into the support of the 0.382 and 0.5 Fib levels in a retracement. Price is now forming a head and shoulders pattern having found that support. It is above the POC line on the evolving POC and high volume area. Based on the...
After price has found the support at 88.6% Fibonacci retracement level, we have been on the lookout for a buying opportunity. The current pullback is offering a great RR, and we are going for it.
A good opportunity to long position and get a good profit from the attractive American stock market Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other...
good opportunity to long position and get a good profit from the attractive American stock market Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other...
Long road ahead,but if you can take it, you will be rewarded.
NASDAQ:FOXA - Good risk/reward ratio (2.05) - #FOXA recent pullback got stopped on the 50MA - MACD sloping up - Low RSI Entry at $ 37.71 Target at $ 42.68 Stop loss at $ 35.18
📈 NASDAQ:FOXA Long D1 🛒Buy above = 32.99 🎯Target1 = 34.79 🎯Target2 = 37.71 🎯Target3 = 40.63 ⛔️Stop-loss = 30 ❌Cancel trade = 30.40
📈 NASDAQ:FOXA LONG H4 🛒BUY above = 28.70 🎯Target1 = 29.58 🎯Target2 = 30.15 🎯Target3 = 31.06 🛑Stop loss or cancel trade = 27.19 🙈Recommended risk = (1%-2%) #FOXA #FOXALONG #BUYFOXA #FOXABUY
We have identified a potential long breakout swing trading opportunity on FOXA using our Breakout Intelligent Trading Signals Indicator (B.I.T.S). The indicator using price action and volume with proximity to our Points of control to identify high probability breakout trades both long and short. In this situation we are looking to go long through our automated...
On the hourly chart of FOXA shares, I expect the price to start the 5th Elliott wave down after ABC correction within the 4th wave. Also, a sell signal was formed - bearish divergent bar. Breakdown of its level would be an optimal price to open short with SL above it.
The price has a marked resistant and support. If the price breaks the resistant, it will be phase 2 after all.
At the moment there are two possibilities for FOXA : 1) Breakout up : We can break the downwards short term trendline and the green 50-day SMA, after that we will break out of the consolidation range and find resistance at the red lines. 2) Breakout down : We can break the support area of the consolidation range and the orange 100-day SMA, after that we will find...
Gartley pattern on FOXA chart is in place. Also, price reached Upper Median Parallel Line of the Fork which suggests a retrace to the Median Line. Will join the shorts at opening price, with SL at 36 and targeting 30 per share
It seems like we get WaveC if the following candle is not below 25.5. Expected target is around 28.5
If bulls still in, might be a small bullish trend. Obey your rules
FOXA hitting long term trend channel, 200 sma, and fib zone
Expanding triangle in formation. This is a daily chart and a relatively long term trade.