CLA Long to 15.29, Golden mean reversalKeeping an eye on CLA for a reversal above the yellow 1W trend, and support above our weekly resistance at 13.50
Last months open at 13.85 is currently our resistance, and again around 14.20
If you fall under either the weekly resistance or the green support line, id be bearish until we recovered.
Depending on the trade, id consider 12.53 a good stop loss, leaving it just under historical support.
If you wanted to tighten it up, i think 12.99 should be a safe on the 4HR as well for a short term confirmation.
30m chart looks like a nice bull flag consolidation , the 200 MA is under the 50 MA, bullish confluence on the RSI.
if we can hold up these key levels, id expect to see a reversal in the near future to 15.29
Goldencross
GOLD(XAU_USD) ↗️SIMPLE LONG “A sustained move beyond the $1875-76 horizontal resistance should pave the way for an extension of the recent bounce from seven-week lows and push the metal to the $1900 round-figure mark. The momentum could further be extended towards the $1922-24 supply zone en-route the next major hurdle near the $1960 region.”
LLC - Pulling Back to SupportLLC seems to be pulling back nicely to the trendline Support at around $11.70, as it has shown strength previously also and made a Higher High. We can also see that it has made a Golden Cross, with RSI in the Oversold region. The High Profile Volume Zone also lies at around $11.40, so it seems that the range between $11.40 - $11.80 should provide good support, and I expect a bounce off soon.
If it does bounce off, we can expect it to go towards the previous highs giving a potential return of 14% at TP1 and 25% at TP2.
Please note these are my own notes, for my future reference only. By no means trading advise to anyone. Please do your own research before entering into any trade.
SPG - uptrend or not really?I see couple of gaps to be filled here.
So the question is - where do we go first?
Will the lower gap be filled during the shopping frenzy? Do not think so.
Moreover - do we see a golden cross forming here???
Yep! So first we go to 95-100 in Jan, and then (maybe…) back to 60’s in Feb-Mar.
SNDL and ACB approaching Golden CrossMerger Outlook in my eyes - SNDL and ACB are both approaching Golden Crosses on the daily timeframe (50 MA and 200 MA). The Motley fool just publush an article about SNDL and a possible merger. None of the other Cannabis company are approaching this same technical pattern, leading me to the possibility that SNDL and ACB may be merger soon. Please do your homework, this is not investing advice, just an observation.
Best trading to everyone :)
RakeTech in upward trendRakeTech will likely follow an upwards short-term trend.
Be aware that RakeTech has a low volume and small market Cap, making it rather risky.
The stock has experienced a golden cross in August 2020, and has been climbing nicely in the trend channel since.
Shortly in November the upper bound was tested, and the price lowered to the limit of the lower bound. This movement was resisted by a support level in 10.30.
The price is now heading towards the price gap experienced in November 2019, with a rising RSI, whereby the price might break above 11.85 and go for 13.05.
Talanx to close gap to peersTalanx's peers in the German market Munich RE and Allianz have since the COVID19 sell off in February 2020 recovered better than Talanx. Talanx will likely close this gap soon.
Talanx experienced a golden cross a couple of days ago, and with a rising RSI it is likely that Talanx will move towards 37 EUR over the coming weeks.
Long position entered in 32.13
Stop loss 29.8
Golden cross for #LHXNYSE:LHX
- Golden Cross taking place
- MACD Sloping up
- Bounce from 50% Fib level
- Buy @ $ 192.37
- 1st target @ $ 196.82
- 2nd target @ $ 200.32
- 3rd target @ $ 209.74
- Stop loss @ $180.00
MPL - The next Pullback Could be a Buying OpportunityBullish Trend Indications:
The chart of MPL has developed well, indicating that the Bear trend has finished and after price hitting Resistance, it is trying to pull back. The downtrend line has been broken decisively with good Volume and has hit Resistance. It has also developed a Golden Cross.
We can clearly see that while price had been moving higher, OBV has been decreasing. This shows lack of upside Volume which indicates divergence and decreasing Volume.
We can also see a Bearish Divergent MACD Cross also indicating lack of Momentum, while price was moving higher which shows that it is ripe and ready to pull back.
I expect it to head lower into the Buy Zone of $2.60 - $2.80 range where I will be looking to buy after Bullish Price Action.
Please note these are my own notes, by no means trading advise. Please do your own research before entering into any trade.
ALD - A Buying opportunityI am bullish on ALD , the chart looks positive as it has made Higher High and even a golden cross.
There is good support between $27.50 - $28.50 range, as its also a High Volume Profile Zone and we can see Bullish Price Action after some consolidation with High Volume.
MACD Histogram is changing color, cold be a possibility of a shift in Bearish Momentum.
I am expecting continuation of the upward trend.
First Take profit at $30.00 range.
Second Take profit at $33.00 range.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
WPL - Any Retracement Lower could be a Buying OpportunityThis stock had been hit real hard during the COVID -19 pandemic because of plummeting Oil Prices. Now that we have observed Higher Oil Prices, and particularly WPL has been going up now, I believe the trend will advance further up and we may see much higher prices in the days to come.
We can see a Golden Cross, MACD has crossed and High Volume, which shows the possible change in trend.
Nothing goes up in a straight line, so since price have been moving up we have not seen a decent retracement, so I believe any retracement lower could be a good Buying Opportunity.
We might see some kind of profit taking in the Gap Window Zone, between $24.90 - $26. 40 range, so any pulback lower ideally in the Buy Zone between $20.00 - $22.50 range could be a great Buying opportunity.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
CGF - Another Buying OpportunityBullish Confirmation Indications
Recent price action has confirmed a reversal by pumping upwards and forming a higher high.
1. Price has formed a higher high
2. It has formed a Golden Cross
3. Recent session's price action, ( Bearish Candle) indicates that the stock price is facing a hard time continuing up
4. The price is at 50% Fib Retracement level of $6.60 and which is also a Resistance Zone
5. MACD is suggesting that Bullish Momentum is exhausting
6. I will be confident to buy in the $5.10 - $6.10 region (Buy Zone).
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
S32 - Next Pullback may give a Buying OpportunityBullish Confirmation Indications
Recent price action has confirmed a reversal by pumping upwards and forming a higher high.
1. Price has formed a higher high
2. It has formed a Golden Cross
3. Recent consolidation at Resistance indicates that the stock price is facing a hard time continuing up
4. The price is at 78.6% Fib Retracement level of $2.45 and @2.60 range, which is also a Resistance Zone
5. OBV suggesting Bullish Volume may be fading
6. I will be confident to buy in the $2.20 - $2.35 region (Buy Zone).
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
SCP - Good Buying OpportunityBullish Confirmation Indications
Recent price action has confirmed a reversal by pumping upwards and forming a higher high.
1. Price has formed a higher high
2. It has formed a Golden Cross
3. After forming a Higher High, price failed to continue upwards and is now pulling back
4. This pull back has come down and has entered in the Buy Zone and Fib retracement zone of 50% - 78.6% of $2.20 - 2.35
5. There is also a trendline support and price may bounce at the lower end of the channel support of $2.20
6. There is a High Volume Profile Zone at $2.20 (another confluence)
7. I will be confident to buy in the $2.20 - $2.35 region (Buy Zone).
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
EML - May provide a Buying Opportunity SoonBullish Confirmation Indications
Recent price action has confirmed a reversal by forming a higher highs.
1. Price has formed higher highs
2. It has formed a Golden Cross
3. After forming a Higher High, price failed to continue upwards and is now pulling back
4. This pull back has come down and has entered in the Buy Zone and Fib retracement zone of( 50% - 61.86%) of $3.40 - 3.70
5. There is also a trendline support (confluence) which may also be a bouncing spot at $3.50
6. I will be confident to buy in the $3.40 - $3.70 region (Buy Zone).
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
ZEL - Buying OpportunityUptrend Confirmed due to recent price action which has confirmed a reversal by pumping upwards and forming a higher high.
1. Price has formed a higher high
2. It has formed a Golden Cross
3. Recent sessions' price action, ( Bearish Candles) indicate that the stock price is pulling back
4. I will be confident to buy in the $2.72 - $2.82 region (Buy Zone) as it is in the 50%-61.8% Fib Retracement Zone (Golden pocket)
5. There is a gap window between $2.73 - $2.96 region (another confluence of Support)
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
WEB - Giving a Buying OpportunityBullish trend confirmation indications:
1. Made a Higher High
2. Made a Golden Cross
3. Impulsive price action with High Volume
4. After the impulsive break, price is correcting and consolidating.
5. I would be a confident buyer within the Buy Zone which is the Fib Retracement Level Zone of
50-61.8 % and the Gap Window Zone. The ideal level zone is between $4.30 - $4.70. That will be a trade with confluence.
6. Good Buying Opportunity if it closes positive or prints Bullish candlestick patterns in the Buy Zone area
with bullish price action follow through with a potential gain of 120%.
Please note these are my own notes, by no means trading advise. Please do your own research before entering into any trade.
Sell GOLDAs you can see we have a SPRING BOX which has a big rule in our strategy confirms that GOLD market is on sale. SELL GOLD.
Uptrend Confirmed - Next Buying OppurtunityRecent price action has confirmed a reversal by pumping upwards and forming a higher high.
1. Price has formed a higher high
2. It has formed a Golden Cross
3. Recent sessions' price action, ( Bearish Candles) indicate that the stock price is pulling back
4. I will be confident to buy in the $4.15 - $4.30 region (Buy Zone) as it is in the 50%-61.8% Fib Retracement Zone (Golden pocket)
5. There is a gap window between $4.30 - $4.50 region (another confluence of Support)
6. There is a trendline support in the same region which is the third confluence.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
Valero Breaks Downtrend as Reopening Trade ContinuesThe reopening trade remains in full swing as buyers target cyclical companies with low valuations. Valero Energy could be a name to watch.
The oil-refinery stock has a few interesting chart patterns. First is the downward-sloping trend line in place since early 2020. VLO broke it in November and has remained above it since.
Meanwhile, its 50-day simple moving average (SMA) is about to rise above the 200-day SMA – a looming golden cross chart pattern.
Third, the current price zone between $59 and $60 has a lot of historical importance. It was resistance in May 2014, then support in December 2016 and June 2017. The price area was relevant again in May and July of 2020.
Next, MACD and the 200-day SMA are both rising. (This chart features our MA speed custom script .)
Finally, VLO has squeezed into a tight price range as it fights $60. Notice how Bollinger Band Width is the narrowest since early September.
Taken together, these patterns could suggest VLO has spent weeks breaking its longer-term downtrend. It’s consolidated for a month, so now could be the time for more lasting swing to the upside.
TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.
Golden Cross - ready for breakoutThe company has pressed the reset button and cleaned up operations. New board with significant retail experience. Golden Cross is a bullish signal. Ready for a breakout.
Target $.60-$.64
GOLD - fantastic buy levelLook at the fantastic prediction I made on Saturday.
I think we're going to go up to the $1,900 level.
fantastic prognosis:
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
GOLD Resistance Area Testing (Bearish Move)Here in Gold, i am considering it still bearish to hit 1825 once more. The Bearish is possible this time and further i am considering the area 1780 t to be hit up. As see over HTF the gold has stopped it bullish pattern and is falling fastly rather then flying, so here it will keep its moves in 1700-1900 over months. For now focus is on its falling & if it break its resistance then we have to go on buying in 1900 level.
I HOPE YOU LIKE THIS GOLD IDEA.
Friends, push the like button, write a comment and share with your mates - that would be the best. THANK YOU!
P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
