$124 by Friday Apple is close to breaking all the way through resistance and with Divergence+ showing bullish strength there is no doubt it will break through this week. With a low RSI of 49.61 ( low for AAPL ) and growing bullish strength as indicated by the MACD, we can expect the price to move upward.
Trade plan: My plan is to buy in on Monday if stock is flat or dips at the open. My Plan is to buy 5 calls for AAPL to hit $124 by 12/18. Looking to make at least a 100% return by the end of the week.
What are your thoughts on AAPL? Do you think $124 is realistic by Friday?
Stay tuned for trade activity and to see my analysis win, or fail!
Thank You!
LOW
to gap or not to gapSo, its no secret that performance has been persistent over the last few months. Only up. Keep it up, push it up, buy it up. Think that's the top? wrong, buy it up.
Steam always runs out, there is no such thing as perpetual motion however statistically speaking, we tend to feel as though movement is perpetual during parabolic change. That's why we use logarithmic scaling to sift through the noise.
It seems as though nothing has been stopping us recently, we have had a great climb and nearly kissed 20k. The question is, does the 19.8k we hit become this bullrun's legacy, or shall we continue another push to retest the iconic numbers everyone is so fixated on. 19.8 was already an ATH, so there is the first justification for a top. We are also eyeing the floor of a dirty CME gap that formed over the weekend right below 17k. Typically these fill in their entirety, at least to half of the gap distance. Given the over extended nature of our current level, I would anticipate full gap closure. Selling anything above 18375, and buying anything below 17k. Large offset orders have been placed just south of 14k, 15k, and 16k to utilize any extreme drops to my advantage.
Cheers
Lowes Falling WedgeLowes underperformed previous earnings leading to a stock decline.
This is a perfect buying opportunity.
Analysts raise the price target from 190 to 210 (source Motley Fool)
Consolidating below the 20 Day moving average as the current resistance
Gap at 160 to be closed
All good signs with the overall market looking bullish.
Housing market doing great at the moment for increased lowes demand.
the high, the low, the 20000 and the end of this year.The high resistance, the low resistance....
the heart then tells you the mark for the 20000$
And the space between red and green is where the end of this year shall be seen.......
(the year 2020 ends with the price 20020 and an arrow pointing at Mars! (forget the moon!)
So obvious! Everybody can see this right?
Have a good holiday season, and a great end to this horrible year!
may 2021 bring you all that this year did not!
GBPJPY Local S/R|.50 Fibonacci|Swing High|Daily S/R|Price ActionEvening Traders,
Today’s analysis – GBPJPY- trading below Local S/R that has confluence, further downside probable,
Points to consider,
- Price Action Impulsive
- Local S/R Resistance ( .50 Fibonacci Confluence)
- Long Liquidity Target ( Dynamic 200 MA Confluence)
- RSI Bullish Control Zone
- Increasing Volume
GBPJPY’s immediate price action is impulsive under Local S/R where a bearish retest is probable; this allows us to have a bearish bias.
Long Liquidity being in confluence with the 200 MA, is likely to be tested with a wick. Exceeding this level will make the extended target, Daily S/R.
The current RSI is in its bullish control zone, breaking below will be indicative of weakness in the market.
Current Volume Profile is increasing, this signifies a true break of Local S/R where follow through is probable.
Overall, in my opinion, GBPJPY is a valid short with defined risk; price action is to be used upon discretion/ management.
Thank you for following my work
And remember,
It does not matter how slowly you go as long as you do not stop.”Confucius
GBPJPY - Liquidity TrapLooking for a potential liquidity trap on Pound Yen today on this standout low.
This looks nice for a quick shakeout as it's the only low formed since breaking 138.2's so trying to hunt the stops here.
Will need confirmation to enter i.e. a break below and close above, showing that traders are trapped in positions.
Will target the FTA.
BUY FTM - at intermediate support w/bullish divergence. NO FOMOBUY FTM - at intermediate support w/bullish divergence. NO FOMO 1/4 position / if it drops lower into unfair lows -10% i would add another 1/4% etc until a full position size = 2 to 3% max of total crypto portfolio as this is an altcoin.
UN Ultimate Analysis Welcome to the Ultimate Analysis series, featuring our first stock Unilever. Unilever is a personal consumer goods company and currently in a perfect buy position. I don't need to explain the fundamental analysis on this one as they are in high demand with the current pandemic crisis, so I'll get right to the technicals. Here are the big 5 indicators I use and I'll dive deep into each one.
1. Bollinger Bands: Just crossed at a low point today and have set off a buy signal on the Guth 3x confirm script. I'll let the past buy and sell signals do all the talking.
2. Divergence: The divergence indicator shows growing bullish strength on the most current candles, we can expect bulls to take full control very soon.
3. RSI: The current RSI on the 6M chart is a low 38.06 signaling that Unilever is underbought.
4. MACD: Moving average convergence divergence showing weakening bear power, and has met its bottom threshold, we can expect to see growth from here.
5. Moving Average: Bearish candles are starting to move closer to the MA showing that Bulls are gaining ground on price influence.
This is the first piece to my Ultimate Analysis series and I will be posting updates. I will also be posting daily candle stick predictions, as well as trading updates. I currently have no position but will be buying in Monday morning.
Technical Analysis for Johnson and Johnson I am going to break down each technical indicator and explain why I think JNJ is a buy.
Trend line; If you look at the trend line, you can see that JNJ has just started to bounce off its highest low for this chart.
Moving Average: Candles are below the moving average and moving closer each 30 min segment as price rises.
RSI: Shows that JNJ is underbought with a relative strength index of 30.
MACD: Moving Average Convergence Divergence, thank God for acronyms! This indicator shows bull and bear strength or in other words, buying and selling strength. With this indicator you can see that the bears or selling power is getting weaker as buying power is getting stronger. Bulls will soon have control causing prices to rise.
Bollinger Bands: These bands show that we are at a low point in price in conjunction with the moving average. The low bands show that we are at a buying point.
EURUSD 1.1700 - 1.1620 Downside Objectives For Now. *OHLC* I can see shorts for EURUSD. Price needs to stay above the grey box to maintain the bearish outlook. If the top of the grey box is traded to, we need to get away quickly from that area. Otherwise, we will consolidate or move back into a bullish stance.
EUR/USD LONG (H4) Hello traders. I hope that I can help you with my strategy, It´s only my opinion. I Would thanks if you say me your opinion. Bay and good trading!!!!!!
EUR/USD Long follow the strategy; 1. Long with the target in the possible resistance, 2. Short to the strong support and then fly to new maximum.
OANDA:EURUSD
Buy or sell?Either I say good bye to GULDEN and sell it all... Or buy some more... won't go any lower than this I think...
FKLI TRADING : 133) this is trade 133 frm haidojo trading...
the current low of 1547/or the impulse leg A has been violated...so both advanced patterns are no longer valid...
In term of price-action, 1560 has turned frm support-to-resistance...but formation of lower-low at 1540 is too close to the previous one...
from the past experience, this might indicate a possible reversal to the upside...but it is too early to say...we must look closely to the range
of 1585 and the new low 1540...any breakout of this range will tell us the direction of the market...
resistance : 1585 (reversal to bull)
immediate resistance : 1560
current support : 1540-1547(continue to bear)
lower support : 1512-1520 green box and bullish cypher pattern
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
GBP/NZD buy (week)Clues: Trendline breakthrough, 50 ema crosses the 200, tweezer bottoms on weekly TF, W formation.
We are at level 1 expecting level 2 to form this week. Look out the news for GBP this week!
Note: Please do YOUR OWN analysis before you enter any trade!
Good luck fellow traders ...!!