Memestocks
VINCI SA (DG.pa) bullish scenarioThe technical figure Flag can be found in French company Vinci S.A.(DG.pa) at daily chart. Vinci, corporately styled VINCI, is a French concessions and construction company. Vinci is listed on Euronext's Paris stock exchange and is a member of the Euro Stoxx 50 index. The Flag has broken through the resistance line on 29/07/2021, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 9 days towards 92.93 EUR. Your stop loss order according to experts should be placed at 85.15 EUR if you decide to enter this position.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
SocGen (GLE.pa) bullish scenarioThe technical figure Channel Down can be found in French company Societe Generale (GLE.pa) at daily chart. Société Générale S.A., often nicknamed "SocGen", is a French multinational investment bank and financial services company headquartered in Paris, France. The company is a universal bank and has divisions supporting French Networks, Global Transaction Banking, International Retail Banking, Financial Services, Corporate and Investment Banking, Private Banking, Asset Management and Securities Services. The Channel Down has broken through the resistance line on 27/07/2021, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 11 days towards 25.815 EUR. Your stop loss order according to experts should be placed at 22.820 EUR if you decide to enter this position.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
The Ballad Continues - Part 3: Another Stack Of Bands...The day is made.. Another Stack Of Bands has been wired over as I continue to spend my entire families net worth on these god tickers. Even though the pessimist sees difficulty in every opportunity shown, This my comrades is not one of them. What you take from that statement is to buy the dip and not to be spineless shills no matter how hard your wife's boyfriend is pounding you.(NOT FINANCIAL ADVISE) - Remember, "Our greatest glory is not in never falling, but in rising every time we fall." - Eleanor Roosevelt (Probably) Fight till the death and never stop pursuing your crate of banana's, Till next time Apes.
MARKET ALPHA MEMERS - AMCNYSE:AMC
Quick update for AMC stock as a resistance seems to be forming lower than the upper wedge pattern people for some odd reason may have been targeting.
Large options came in yesterday to try to squeeze the stock higher but doesn't seem like it's going to be able to do it.
1st Square Support BreaksPlease check my first PLTR analysis to understand how and where long entry was developed. 1st square support is still holding along with 2nd square support, but 3rd square (smallest square) has been broken today. Now watch for a break on the 2nd square (Quarter Square); If break then the same squares resistance (RED) applies to price action. If this occurs it just leads back to the 1 square support level, this is important to understand - especially if your call strikes are somewhere in this general area - at which case you may need to reassess your risk.
Made for Lil Beam
Is FORD Getting More Love from the Market? This company has been the day traders favourite recently
But can we invest in it on swing basis?
I have marked the descending parallel channel.
Will it go and bounce off the upper trend line
or will go through it and the trend will resume
I am a buyer here!
GME Using Algo KeyCode I have two pathsIronically they are opposing each other. So Its the same advice I always give. wait for price action to decide which path it will follow when you see it respecting one of the trendlines. Its most likely going to follow that trend line. right now they both share the space that is coming out of the keycode. Its on an hour long chart so just keep checking it until it produces something that lines up with what you found on your own DD.
by iCantw84it
07.20.2021
$WISH July Update*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team entered $WISH on 6/15/21 at $11.30 per share.
Today my team is averaging up on $WISH at $11.77 per share. Our first take profit remains at $18.
My team is keeping any upcoming posts short and sweet due to upcoming market volatility within the next few weeks. My team busted ass to prepare for the summer markets of 2021.
Kick off is here...our players are in position...
We're just simply showing you the money.
FIRST ENTRY: $11.30
2ND ENTRY: $11.77
TAKE PROFIT: $18
STOP LOSS: $9.50
If you want to see more, please like and follow us @SimplyShowMeTheMoney
AMC Fibonacci Levels Trend AnalysisThe cat's outta the bag with AMC ...it's a popular stock I guess (joking). But all jokes aside, the apes remain steadfast in their message but it's also time to revisit the technicals. After retracing from lows earlier this year, the Fib levels and current support/resistance areas on the chart seem to be lining up. The 50 Fib line is clearly a pivot that used to appear as a support level that AMC would test but not break below. Now that it has AND after breaking below the 50DMA, you can see that AMC has gotten denied multiple times not only at the 50 fib but also at the 50DMA. The big question for the week is can this fib area see a break and hold above or will the consolidation trend remain intact?
Obviously, apes will be apes and fight to the death but making money is nice too and understanding levels of potential support and resistance are important no matter if you're looking for profit targets or areas of potential buy opportunities. The bigger focus I think may be on what happens at the shareholder vote on the 29th at the AMC annual meeting. There were more details outlined in that proxy statement filed by AMC earlier this month .
WISH: Divergences GaloreWISH is showing MACD and RSI Divergences on the hourly chart. Russell 2000 is resting on the confluence of 6-month and 16-month support trend lines. Primed for a nice bounce next week.
SXTC back at an interesting level againSXTC had a big pop on 7/16 that took it up and through its 786 fib line. After doing a retracement using last September's lows, this level has shown to be an important pivot over the last few months. Late last year it was resistance in December and heading into the new year. Earlier on this year, it was broken through with the 618 fib becoming a very high traffic area that ultimately was support as SXTC broke out to over $5. The 618 level was a brief area of support in February that ultimately turned into resistance during the following months. If you take a look at where SXTC traded after there, the 786 area once again became a pivot area.
Now that it's back above it with higher volume, it will be interesting to see if the 786 fib can establish itself as a new support or if this is just another headfake leading to another breakdown.
"Based in China, SXTC is a pharmaceutical company developing traditional Chinese medicines. It manufactures, markets, and sells these products domestically, and is one of the only companies producing these types of compounds. The most recent news from China SXT came a few months ago when it announced a 4-1 reverse shares split. Since then however, not much news has come from the company.
So while today’s gain may be inexplicable with press releases, we could attribute it to SXTX’s placement as a meme stock. This means that it is frequently discussed on social media sites such as Reddit and Twitter. While this does make it highly volatile, it also adds potential for large gains (and losses)"
Quote Source: 4 High Volume Penny Stocks to Watch in July 2021