NEO - BULLISH!!!I posted my chart for NEO recently, I think it was pretty accurate, and now it's looking even more bullish.
Put in a complex H&S with the head bouncing off the 200 SMA on 4hr TF.
Bullish cross on Stoch RSI, multiple TFs
TOTAL 2 pushed above local resistance on recent rally. If it corrects to find support, expect short term downside for NEO to local support - it would be nice to see if it respects the bottom of the channel I've tentatively drawn in there.
happy trades,
CD
Largecap
NEO/USDT Bullish Retrace / Reentry idea 4HRHow far is BTC / the Alts going to retrace? that's the trillion $ question.
Looking at NEO's chart, which (unlike some other large cap alts) does not look like a carbon copy of ETH, I've spotted a potential inverse H&S forming on the 4HR, which lines up with the .5 fib level.
Admittedly, this may be a bit premature - that wick down from the rising wedge may end being just that - a nasty wick - and we could see a continuation within the pattern. But if the overall market retrace continues, you can expect NEO follow suit, and if you're still bullish on the higher TF, this may be a good reentry point.
Remember to let volume be your guide. Previous red candles that have a spike in volume can signify a reversal* . So keep an eye out for that as an indicator to support (or invalidate) this idea.
happy trades,
CD
go Long on PindoodooWith Alibaba and the other Large Cap tech giants in China coming under heavy scrutiny and anti-trust regulation opens up the door for PDD to take off and assume a lot of market share. Tencent and BABA tower over PDD which is only a Mid Cap company. Taking into account the law of large numbers, a mid cap company has much more Alpha potential albeit with slightly more beta.
20 day MA just broke through the 50 day MA on the news and I expect this trend to continue as the story plays out. China wants to fight the giants to make room for the little guys; well here's a medium sized company that you don't have to worry about its business plan failing altogether.
Pinduoduo, or Pindoodoo as I like to call them, are integrated in almost every facet of life in China either in the forefront or behind the scenes. Go long! #LongandStrong
DON'T SLEEP ON XMR/USDT!!! Nice Consolidation period...XMR Chart is beautiful right now. We broke back into the ascending channel that XMR has been trading in for months since breaking out from macro downtrend.
It would be nice / easy to assume it will *stay* in the channel, break through recent resistance and move higher... But I have a feeling that with the uncertainty around BTC right now, we may just as easily see another dip down, weeding out the weak hands and allowing for more consolidation before the next move higher. There's a naiiiiice curve forming that I have a feeling we may stay within during this period.
XMR has the advantage of being one of (the?) oldest privacy coins in the market. Like most USD pairs, it generally trends with BTC, and being a large cap, it takes more volume to really move the price, but as we've seen with everything, there have been some really nice upswings that usually easy to spot.
Guys, I like looking at charts, but I'm really not that successful at trading because i tend to overtrade. XMR is one that I find fairly easy to trade, and has been so faithful to it's high-TF patterns that it makes for a great mid-term hold.
DON'T SLEEP ON XMR!!!
Hufvudstaden — Bullish: Morning Star, S/R Flip, and moreHufvudstaden AB is a Swedish, Large-Cap real estate company listed on Nasdaq Stockholm.
BACKGROUND:
- During the severe sell-off in February/March, price traded at approximately -50% at its lowest point, as mesaured from the previous all-time high.
- Throughout summer, price traded in a falling wedge pattern, which eventually broke out to the upside. At this point, as demonstrated in the chart, we see a clear local resistance level at around 132, confirmed by a third rejection at that level in mid-September.
- We are likely seeing a change in market structure, which started with the wedge-breakout in September. We have at least one higher high, and two higher lows, as indicated by the arrows.
- The 132-resistance level was broken in an early-November rally, and that level has seemingly been re-tested and flipped as support. The case of a S/R flip is strengthened by the occurence of a Morning Star pattern, which has formed on the daily chart.
PROJECTION:
- With double local confluences, including a mid-term S/R-level flip and a Morning Star pattern, going long here could be profitable.
- A safer play in the longer-term, however, would be to wait for a proper break of the 140- and 145-levels. 140 constitutes a local double-top from April, confluent with the 38,2% Fibbonaci retracement level from the Feb/March drop.
- 145 is a long-term resistance level, when looking on a multi-month/year time period. Price ranged below that level during +2 years time (2016-2018).
- Clearing both these levels would signal substantial room for upside continuation and price recovery.
AAPL Bullish PennantNASDAQ:AAPL has completed a double bottom and made a sharp move up. After consolidating it has begun a bullish pennant. If this pennant breaks to the upside AAPL could move up to 123 and beyond next week. It is important to note that AAPL has a big event next week and earnings are 2 weeks after, these will play a big role in the price action of AAPL. However, I believe that the event is going to be considered a good thing for the share price with announcement of the next generation iPhone. AAPL will need to break the top of the Pennant and 116.83 to shift momentum.
NVDA, enters monthly bullish trend. Expect Uptrend continuationNVIDIA Corp (NVDA, $544.58) is predicted by Tickeron A.I.dvisor to grow by 4% to $566.36 or more within the next month. Keeping in mind similar previously-analyzed scenarios where the stock trended up during the month, the odds of an Uptrend continuation are 86%. Current price $527.39 is above $510.77 the highest resistance line found by Tickeron A.I. Throughout the month of 08/31/20 - 10/01/20, the price experienced a +2% Uptrend. During the week of 09/24/20 - 10/01/20, the stock enjoyed a +10% Uptrend growth.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 24, 2020. You may want to consider a long position or call options on NVDA as a result. Tickeron AI detected that in 59 of 73 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 81%.
Following a +2.94% 3-day Advance, the price is estimated to grow further. Considering data from situations where NVDA advanced for three days, in 304 of 355 cases, the price rose further within the following month. The odds of a continued upward trend are 86%.
The Aroon Indicator entered an Uptrend today. Tickeron AI detected that in 338 of 403 cases where NVDA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 84%.
AAPL, enters monthly bullish trend. Expect Uptrend continuationApple Inc (AAPL, $116.79) is predicted by Tickeron A.I.dvisor to grow by 4% to $121.46 or more within the next month. Keeping in mind similar previously-analyzed scenarios where the stock trended up during the month, the odds of an Uptrend continuation are 89%. Current price $113.73 is above $112.13 the highest resistance line found by Tickeron A.I. Throughout the month of 08/31/20 - 10/01/20, the price experienced a -9% Downtrend, while the week of 09/24/20 - 10/01/20 shows a +8% Uptrend.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 30, 2020. You may want to consider a long position or call options on AAPL as a result. In 50 of 69 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 72%.
The Moving Average Convergence Divergence (MACD) for AAPL just turned positive on October 01, 2020. Looking at past instances where AAPL's MACD turned positive, the stock continued to rise, Tickeron AI shows that in 28 of 39 cases over the following month. The odds of a continued upward trend are 72%.
Following a +2.37% 3-day Advance, the price is estimated to grow further. Considering data from situations where AAPL advanced for three days, Tickeron AI shows that in 253 of 348 cases, the price rose further within the following month. The odds of a continued upward trend are 73%.
The Aroon Indicator entered an Uptrend today. In 323 of 446 cases where AAPL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 72%.
SPLK, MACD Histogram just turned positiveThis is a Bullish indicator signaling SPLK's price could rise from here. Traders may explore going long the stock or buying call options.Tickeron A.I. dvisor identified 49 similar cases where SPLK's MACD histogram became positive, and 39 of them led to successful outcomes. Odds of Success: 80%. Current price $188.46 crossed the resistance line at $184.26 and is trading between $196.80 support and $184.26 resistance lines. Throughout the month of 08/27/20 - 09/29/20, the price experienced a -13% Downtrend, while the week of 09/22/20 - 09/29/20 shows a +1% Uptrend.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where SPLK's RSI Indicator exited the oversold zone, 23 of 29 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 79%.
The Moving Average Convergence Divergence (MACD) for SPLK just turned positive on September 29, 2020. Looking at past instances where SPLK's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 39 of 49 cases over the following month. The odds of a continued upward trend are 80%.
Following a +6.82% 3-day Advance, the price is estimated to grow further. Considering data from situations where SPLK advanced for three days, in 267 of 346 cases, the price rose further within the following month. The odds of a continued upward trend are 77%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. shows that in 234 of 322 cases where SPLK Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 73%.
COUP, MACD Histogram just turned positiveThis is a Bullish indicator signaling COUP's price could rise from here. Traders may explore going long the stock or buying call options. Tickeron A.I. dvisor identified 36 similar cases where COUP's MACD histogram became positive, and 35 of them led to successful outcomes. Odds of Success: 90%. Current price $272.83 crossed the resistance line at $290.79 and is trading between $290.79 resistance and $220.78 resistance lines. Throughout the month of 08/24/20 - 09/24/20, the price experienced a -11% Downtrend, while the week of 09/17/20 - 09/24/20 shows a +8% Uptrend.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 23, 2020. You may want to consider a long position or call options on COUP as a result. Tickeron A.I. detected that in 63 of 73 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 86%.
The Moving Average Convergence Divergence (MACD) for COUP just turned positive on September 24, 2020. Looking at past instances where COUP's MACD turned positive, the stock continued to rise in 35 of 36 cases over the following month. The odds of a continued upward trend are 90%.
Following a +8.08% 3-day Advance, the price is estimated to grow further. Considering data from situations where COUP advanced for three days, Tickeron A.I. shows that in 247 of 287 cases, the price rose further within the following month. The odds of a continued upward trend are 86%.
COUP may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 231 of 273 cases where COUP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 85%.
XTZUSD - Another good pump candidate?Could be another good pump candidate. Bounced off weekly resistance and trending upwards atm.
Keep in mind that this is high-cap alt (i.e harder to pump) and retrace is still possible, but R:R is 2:1 atm.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
ETHEREUM 🟩🟨🟥 How Ethereum is Making the World a Better Place🔮With ETH 2.0 getting closer and closer and Ethereum-based DeFi like Compound and MakerDAO blowing up, there is a good deal of bullish sentiment behind Ethereum. Not only that, but the rumors of crypto integration into PayPal is generally bullish for the space, and if ETH gets added, very bullish for Ethereum. The ETH chart doesn't look half bad either.
We have had a string of excellent Ethereum Idea's, let's see if we can't add another under our belt.
Hit that :thumbsup: button to show support for the content!
Help the community grow by giving us a follow :hatching_chick:
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Support:
S1: A quick pullback to the S1 S/R flip at the prior range where resistance was found offers an ideal entry for the bulls.
S2: Although S1 is a great entry, the S2 orderblock formed by price inefficiency during the pump is a more likely support and a smart entry point as well. Bulls might want to split their orders between S1 and S2, favoring S2 to be safe.
S3: If S2 doesn't hold, or if there is a wick down past S2, then the S3 bullish orderblock is the next best bet for the bulls.
S4: The S4 S/R flip and pivot point does offer another support for the bulls. Finding support here would reinforce the current range of price action above the main pivot point.
S5: The S5 cluster takes the bulls back to the previous range. Although there is support here, losing the main price pivot point to the bears would be a bad look for the bulls.
Resistance:
R1: The R1 bearish orderblock at the prior swing high range just above the upper trend line is the first point of resistance for the bulls. The bulls will want to break R1 with conviction either immediately or after a retest of support. There isn't a ton to be gained from faltering here much longer given how R1 has essentially marked the top of the range thus far.
R2: If the bulls can get past R1 then the R2 bearish orderblock at the prior dead cat should see a reaction on the way to R3.
R3: What would be ideal for the bulls is to rip past R2, see a reaction at the R3 orderblock created from the prior failed swing high back during the COVID crash, and then to find support again on top of R2 creating a new range.
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Summary:
ETH has been slowly and steadily moving higher, creating a range at each step of the way. There is room to pull back at each step, but for now, the bulls are going to want to break up and create a new range higher to show strength.
The ETH news is bullish and DeFi is hot, this isn't the sort of environment where we want to see the ETH bulls show weakness, so a break above R1 sooner rather than later would be a good look.
Resources:
cointelegraph.com + cointelegraph.com + www.coindesk.com
✨ Drop a comment asking for an update, we do NEW setups every day! ✨
Bajaj finance - wedge patternNSE:BAJFINANCE in detail
As per technically stock might seem bullish, research firms have given the target that it can reach 5800+++,
It might reach but still technically stock is in wedge pattern and travelling in final leg of the pattern (E(c)).
as per this pattern stock might complete by reaching 5200+++ and come down.
Let see what happens in future
Disclaimer - post are only for educational purpose
for further details please reach us through writetomonk@gmail.com or 9884344490
Ahrvo Weekly Sector Rankings: 4/27/2020With another week of earnings in the books, investors are starting to get a better idea of the impact that coronavirus is having on S&P 500 companies. It’s not pretty. For Q1 2020, the S&P 500’s earnings decline accelerated from -14.5% last week to -15.8% (worst since Q3 2009). The fall in earnings can be attributed to cyclical sectors- materials (down 25%), industrials (down 31%), financials (down 42%), consumer discretionary (down 42%), and energy (down 67%) sectors. Defensive sectors- utilities (up 4%), consumer staples (up 4%), health care (up 3%), and technology (up 1%) have faired much better. Of the 122 companies that have reported results, 60% reported both positive earnings and revenue surprises. However, it’s worth mentioning that analyst expectations were down 10% on average in March, so companies beating expectations are jumping over a lower hurdle.
Over the last week, the S&P 500 continued to climb higher, up ~4%. Media outlets have attributed the positive price movement to a possible coronavirus vaccine. The upward movement in price, coupled with decreasing earnings has caused the price-to-earnings ratio (valuation) of the S&P to become expensive relative to historical averages. Making buying stocks expensive at a time when economic uncertainty is at an all-time high. The forward P/E on the S&P 500 is 19.1x, higher than the 5 and 10 year average of 16.7x and 15x, and up from 14x in early March. As an example of the uncertainty facing company executives (and as a result, the investors/traders), only 50 of the 122 companies that have reported results mentioned EPS guidance for Q2 in their earnings presentations. Of the 50 companies, 30 mentioned they were no longer certain of their EPS guidance (forecast) for the year, with all 30 citing coronavirus as the primary reason. Out of the other 20 companies that provided guidance, 10 issued EPS guidance that was lower than previous expectations.
Over the last week, all but one (utilities) sector experienced an increase in price. In typical “risk-on” fashion, all cyclical sectors outperformed. Energy (ticker: XLE) led the way, up 9.6%. While financials (ticker: XLF), materials (ticker: XLB), industrials (ticker: XLI), and consumer discretionary (ticker: XLY) returned 6.7%, 6.5%, 4.9%, and 5.1%, respectively. Technology (ticker: XLK) was the only “defensive” sector to outperform, up 5.2%. Utilities (ticker: XLU), healthcare (ticker: XLV), consumer staples (ticker: XLP) returned -.28%,.77%, and .52% respectively. It’s worth noting that sector performance (rotation) was a complete reversal from last week when defensive sectors outperformed cyclicals and the market.
As the S&P 500 climbs toward the 3,000 price level, investors need to ask themselves whether the house being built is sitting on solid foundation. The market is trading on the positive news when the reality on the ground is much different- 30 million Americans unemployed over the last 6 weeks. The infusion of liquidity by the Federal Reserve and the U.S. government has helped to prop up asset prices. However, ask yourself this question. Why are investors buying into the market at a time when stocks are expensive, economic uncertainty is high, and company executives aren’t even able to articulate what they expect their companies to do over the next 3 to 6 months? It is a recipe for disaster. Although I remain net-long, I don’t plan on adding new capital to stocks until the market pulls back and valuations become reasonable (14x-16x earnings). As the high from stimulus begins to fade, that opportunity will present.
-Appo Agbamu, CFA
Ahrvo Score (Overall Score)
1)Technology (⬆️1 spot)
2)Utilities (⬇️1 spot)
3)Industrials (⬆️1 spot)
4)Consumer Staples (⬇️1 spot)
5)Consumer Discretionary (no change)
6)Financials (no change)
7)Basic Materials (no change)
8)Health Care (no change)
9)Energy (no change)
Momentum Score
1)Healthcare (⬆️1 spot)
2)Technology (⬇️1 spot)
3)Basic Materials (⬆️2 spots)
4)Consumer Staples (no change)
5)Utilities (⬇️4 spots)
6)Industrials (no change)
7)Consumer Discretionary (no change)
8)Financials (no change)
9)Energy (no change)
Growth Score
1)Financials (no change)
2)Industrials (no change)
3)Technology (no change)
4)Consumer Discretionary (no change)
5)Consumer Staples (no change)
6)Utilities (no change)
7)Health Care (no change)
8)Basic Materials (no change)
9)Energy (no change)
Quality Score
1)Consumer Discretionary (no change)
2)Industrials (⬆️1 spot)
3)Consumer Staples (⬇️1 spot)
4)Technology (no change)
5)Utilities (no change)
6)Energy (⬆️1 spot)
7)Financials (⬇️1 spot)
8)Basic Materials (no change)
9)Health Care (no change)
Value Score
1)Industrials (no change)
2)Consumer Discretionary (no change)
3)Financials (no change)
4)Utilities (no change)
5)Energy (no change)
6)Consumer Staples (no change)
7)Basic Materials (no change)
8)Technology (no change)
9)Health Care (no change)
This material is for informational purposes only. Under no circumstances should any information or materials presented be used or construed as an offer to sell, or a solicitation of an offer to buy, any securities, financial instruments, investments, or other services. Any investment made is at your sole discretion. There are many factors that you must consider when making an investment decision, including, but not limited to, product features, risks, whether or not an investment meets your investment objectives, risk tolerance, and other personalized factors. Investing in securities involves risks, and there is always the potential of losing your entire investment.
BRK long IdeaDear investor,
BRK.A seems that broke out the previous resistance zone on the weekly chart after a period of accumulation and possibly will repeat at least the previous high leg.
Please, support this idea with your comment or with you like. Your feedback is really important for us.
Best regards, Sandro and Gustavo.
Microsoft channel break AnalysisFundamental / Technical / News analysis
Microsoft earnings were positive.
But they were not enough to break this channel since June 10th.
Today we gapped above resistance, breaking the channel.
This was caused due to Microsoft winning the JEDI contract from the US government; who beat Amazon, Oracle and IBM cloud platforms.
Revenue from the JEDI contract is estimated at $10 billion over 10 years.
The value of the contract isn't significant to Microsoft market cap of $1 trillion (1%), specially as it will take a decade to get.
However, Microsoft earnings gave Azure (cloud service) a lot of importance. Beating its competition in this area, will boost sentiment. After all... we did break resistance on this specific news! Price talks more than anything.
Clean up with Reckitt BenckiserBuy Reckitt Benckiser (RB.L)
Reckitt Benckiser Group plc is a manufacturer and marketer of health, hygiene, post-natal and home products. The Company's segments include ENA and DvM. The ENA segment consists of Europe, Russia/Commonwealth of Independent States (CIS), Israel, North America, Australia and New Zealand. The DvM segment consists of North Africa, Middle East (excluding Israel) and Turkey, Africa, South Asia, North Asia, Latin America, Japan, Korea and the Association of Southeast Asian Nations (ASEAN). Health, Hygiene, Home and Portfolio Brands categories are split across the geographical segments of ENA and DVM. Its range of hygiene products includes disinfectant cleaners, automatic dishwashing detergents, pest control, depilatory products and acne treatments. The Company's portfolio of brands includes Durex, Mucinex, Scholl, Strepsils, Cillit Bang, Clearasil, Dettol, Harpic, Lysol, Mortein, Veet, Air Wick, Calgon, Vanish and Woolite.
Market Cap: £44Billion
Reckitt Benckiser has had an indifferent few months. So often it’s a mainstay of investors portfolios with its predictable growth and solid stream of income. In recent months the share price has been in consolidation mode and not really offered investors very much. In recent weeks a bullish channel has formed, and we are beginning to see investors return on spells of weakness. The latest move from the lower end of the channel could be the beginning of a fresh move higher towards resistance at 7175p
Stop: 5980p
Target 1: 6710p
Target 2: 7165p
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MSFT a buy after product launch close to 1 hr oversold levelMicrosoft announced today the release of a new dual-screen phone that runs the Android operating system (as opposed to the old Windows phones, which were limited in terms of what apps you could get). Since the announcement, the stock has bounced to a new support level and broken a downward trend line that it formed over the last few days. It's just recovered from oversold level on the hourly chart, so this is an attractive RSI to buy. MSFT has a 9/10 Equity StarMine Summary Score and is rated "Undervalued" (76/100) by S&P Capital IQ. This is one of the best mega-cap buys on the market right now.
SFIX good day trade on either side but more bullish SFIX has an interesting daily chart, currently it has gaped up above all its major moving daily averages. Looking at the 5 min chart, you can see that its making lower highs and is showing weakness, but it has got a lot of support to got through, so I am more inclined to take it for a long if it starts showing strength and gets above its vwap and 20 ema. I would go long on it as that stage and add to it if it clears the 32.22 daily pivot that I have drawn. This long setup would work if the SPY works in favor and stays above the 20 ema daily.