Jeffsuntrading
US Stock In Play: $NEX$NEX is one of the strongest O&G runners when the industry group broke out of base in mid jan.
past 4 session went through a -10% correction with the latest pin bar posing a new opportunity for an entry based on mean revision setup
looking to bounce off its rising 20MA, again
US Stock In Play: $HRT$HRT - 6 months into its IPO. latest post ER trading on 22/3 displayed an episodic pivot (@PradeepBonde) behaviour.
currently a HTF setup with declining wedge pattern on lowering volume. key level to be taken out coincides with VWAP from IPO and ER, and a flattening 10MA at $16
$BTCUSD (Bitcoin / USD) – Price Action Exhaustion ObservedBitcoin ($BTCUSD) ended the week surging +8.18%, posting its first consecutive weeks of gain since late January.
$BTCUSD has reflected rally exhaustion price action pattern from its past 6 sessions of gain. There is lowering in trading ranges, intraday price action struggling to close at its high, and price action getting rejection from $45,000 pivot level.
The next level of support to watch for $BTCUSD is at $40,000. A psychological price level, and previously a Head and Shoulder pattern breakdown level.
US Stock In Play: $BEPC$BEPC (Utilities - Renewable)
HTF setup, now within a pennant range. hv already violated the momentum of its year long downtrend channel, and trading above VWAP from ATH reflecting significant accumulation in its past 2 mths rally
pivot on weekly is at $45. pennant BO at $43.50
US Stock In Play: $USER$USER new IPO name, sitting on VWAP from IPO after breakout (+27%) from its first quarterly ER this week.
this name has built higher lows since late january, rising 10/20MA momentum. key pivot for further strength is at $11.15
US Stock In Play: $TXRH$TXRH operates and franchises restaurants under Texas Roadhouse
breaking out of its second HTF, & VWAP from ATH on its wkly. RS bullish divergence from dec to feb is reflected on daily.
one could position this on wkly as a hedge if you are overloaded with O&G & commodities name
US Stock In Play: $RADA$RADA in aerospace and defense industry, the leading ig now. they offer defense tech, and sells electronics to air forces and companies worldwide
wkly acton is a HTF spanning 2 yrs. broke out of VWAP from 52-weeks high yday with +250% ATR and +400% avg vol.
key pivot at $13.50
US Stock In Play: $EXPR$EXPR microcap name in Apparel Retail industry group. strong weekly action (+45%) since basing out of dec'21 consolidation.
a bullish flag pennant trading on rising 10/20 MA & AVWAP high from Q2 ER.
currently, just below its 200MA, coinciding as a pivot for inverse h&s breakout