$BKMT / $BKLIF Alert!Cup and handle, golden cross, and Mac D cross on the the daily chart.
Amazing time to get a position before the price moves up!
Macdcross
Dollar Tree - Bullish TrendOn the move off of our low support line, DLTR price and daily volume have been consistently increasing. NOTE: bullish run after last reporting (11/24).
Crossing the 21 EMA, good sign for continuation to the top of our rising wedge.
MACD starting to turn, will require forward momentum.
BNGO bearish?I have the feeling that Bionano Genomics ($BNGO) is not bullish on the daily timeframe. We can see less volume and the MACD is about to cross down.
But everything is possible! A great news ($ARK buying shares) can overturn the current market situation...
What's your opinion on this? Your comments are welcome.
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Take into account that fundamentals (news) supplement technical analysis. A trader does not use a crystal ball to predict the future (news and people's reactions). Additionally technical analysis is not an exact science. It involves a degree of subjectivity.
Legal disclaimer: I am not a financial advisor. The advice here given is not a financial advice even though my excitement might make it look like such. This account shouldn't be followed by anyone expecting something from me. You trade at your own risk and nobody can guarantee you results. Even if someone could, I don't.
How To Understand And Trade With The MACDWelcome Traders!
In today's trading episode, you will learn what the MACD is and how to use it to find trade setups. No indicator can predict market moves perfectly, but this is a good indicator to have in your arsenal when you trade.
Take time to practice what you learned in today's video.
Until next time, have fun, and trade confident :)
Potential Volatility Spike IncomingLast time we got positive momentum on the weekly MACD we pumped over 1000%
Now we have two bottoms and may be ready to do it again.
Price Target $36Confluence of some signals as indicated in the chart + bullish MACD, confirmation of a big inverse H&S formed since October...
We are in a period of market uncertainty but their earnings date in February could act as a strong catalyst for the stock.
Not a financial advice! Please like, comment and subscribe if you want to create a bigger community with better ideas.
Potential Gap fill to take us down 20%Price looks extended into resistance, after a huge gap up we saw a huge spike in volume.
Now it appears that the sell side volume is taking over as we have not had many green days since we got here and the MACD has given us our bearish crossover.
The weekly does not make make it look any better as we seem to have a confirmed Gravestone Doji on our weekly chart:
I believe we could see a huge drop in the coming days possibly to fill the gap below.
AQB trying to find its footingNASDAQ:AQB
AQB just raised some money through a public offering. $6.50 per share.
www.globenewswire.com
It didn't seem to be a lot, which is good and bad news.
Bad news is people started to react and took profits. Good news - high chance of another offering in the future, where they more than likely are anticipating a higher $$ per share.
Based on action over the last few days - MACD about to cross and lower volume, I think we'll still see a dip. Hoping we find support at the SMA20 and start seeing consolidation for another run up.
I'm in around $10 and will buy shares if we stay above the SMA20 and are in the $8 range.
First sell target is $12 and then will see how it runs.
LFG!!!
Roku is fighting for its life!Macd crossed and it is below the 50 day moving average! Roku needs to come out swinging in 2021 to keep this historic run going. It is up over 100% from its previous earnings high of $160. I think we see Roku remount the 50ma and run from here.
Price target till february 2021. Thoughts please.Price target of $220-230 because the confluence of :
- Fibonacci retracement (0.618 - $219.06) from ATH to September '15 low
- Fibonacci retracement (0.5 - $223.52) from ATH to December '18 low
- Fibonacci retracement (0.382 - $225.76) from ATH to March '20 low
- Low side of the parallel channel formed since the IPO
- Low side of the broadening wedge formed in December 2018
- Price target of the new descending triangle forming since 16 November 2020
- MACD convergence divergence negative in Weekly
- Chinese regulations risk
- U.S delisting risk
But probably trend reversal in first weeks of February 2021 when :
- New democratic POTUS arrive to the White House in 20 January
- New Alibaba earnings release between 02-09 February with sustained growth
Please leave your thoughts to create a better community with better ideas. Do you think I'm right or not? Why?
I'm from Barcelona so sorry if there are some spelling mistakes :)
ascending triangle + rising covid cases$pton follows the general covid play trend along with stocks like $zm, $docu, $roku, etc.
4 hr chart giving a buy signal on macd.
EURUSD 1HR analysis macdas we can see price has had a bullish momentum, but the macd has been going lower toward histogram cross. price could still move higher but the chance is there for a drop
MA values: 55 and 200
dxy upward continuation?on my chart DXY bounced off the 50 volume weighted hull moving average and continues up. the 180 HMA is still well bellow price. macd shows a bearish cross but it is invalidated because price is above both moving averages lets see if 93 is a next target for USD
EURUSD 15 min break of wedgeseems like price broke below the wedge 15 min time frame i have a line indicating my entry horizontally. seems like macd is also indicating bearish cross from here.
NZDUSD continuation signal shortlooking at the hull moving average on 4h the lines are not yet curving for cross, and the macd is also signaling a possible continuation down to test these key levels lets see how far it can go before it bounces
BUY ICICI BANK-BULLISH CROSSOVER IN MACD
-RSI GAINING MOMENTUM
-GOOD VOLUMES
-GOVT IS TAKING MORATORIUM INTEREST BURDEN UPON IT. GOOD NEWS FOR BANKS
BUY IF SUSTAIN ABOVE : 370
TARGET : 420
STOP LOSS : 365
**These are my personal observations. Please trade at your own risk.**
ZM w/ some Bearish Divergence, a Descending Triangle, & SMA TestI'm not an expert by any means, but unless some news comes out supporting the prolonging of "lockdown" or "quarantine" (promoting Working from Home for longer), I see ZM taking a solid dip, if not a dive if a daily candle closes below the 10-SMA. I'm seeing this idea supported in the RSI Bearish Divergence, Descending Triangle forming, and even the MACD indicating a change in momentum with not only the Crossover, but also an inflection point in the signal line beginning to slope downwards rather than upwards.
Again, all it takes is some Breaking News or a NASDAQ rebound to cancel all of this out. But if that doesn't happen early next week, this is what I'm thinking...
SPX & MACD Relationshipe on a weekly chart success rate is less than 14 %, but you could miss out big corrections which happens to be
the big three since 2009 check chart for more info.
. wish all the best.
INDIABULLS HOUSING FINANCE - Looks ExplosiveCMP 219
There were 2 failed attempts at the breakout around 250.
A tilted inverse Head and Shoulder pattern is formed.
With today's candle , the top points are also in sync forming a trend line and the price seems to be breaking out tomorrow (28/08/2020). Watch out!
MACD also looks supportive of the move.
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