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Momentum Indicator (MOM)

USDSGD Reversal AreaWill be speculating what I understand from PA, whether its Loss in Momentum, Long Wicks with Close below, ETC. Perfect Area to look for a Short, left a few notes on the chart analysis itself to keep things brief but effective to look for incase some decide to take their own trades on this pair. Whats great about set ups like this is, if you had proper money management then if you get stopped out of trade, a bullish set up will be present and you can enter a trend continuation trade using fibonacci/exhaustion methods.
Short
by RiosTrades
Sell Signal On Bitcoin Yes, But Short? No Way.#Bitcoin order flow has produced a bearish outside bar within the low 9K region which is a minor resistance area. This can be interpreted as a sell signal, especially if followed by an inside bar over the next day or two. In this analysis, I am going to cover HOW we interpret this kind of price action relative to our LONG only swing trade strategy. My objective is to help the community better understand how order flow works and recognize potential opportunities that are regularly overlooked by the herd. 1. The low 9K area is a minor resistance relative to the bearish price structure established by the 10,300 high to 6550 low. It is within reason to expect some selling pressure to unfold and is precisely why we placed our third target at 9250 (which we missed by 50 pts). 2. Relative to OUR strategy, the current bearish outside bar is a sell signal which for us is a prompt to lock in profits, NOT to go SHORT. Since we are a strong hand, and have reduced our original position by 2/3's up to this point, we will opt to stay in our swing trade long and ride out the noise. Sell signals carry much less weight on the time frame that we follow in a BULLISH momentum environment. Momentum and trend are two SEPARATE and distinct variables. 3. IF the 8500 support area is compromised, 8130 is the next support where we will anticipate a bullish reversal pattern. IF 8K is decisively taken out, then the 7200 area is the next respective level to watch for reversals. Even though recent momentum has been bullish, that does NOT mean we are in a strong trend on THIS time frame. That is why we continue to operate within the limited expectations of a RANGE BOUND market (which means we expect lots of fake outs, limited movements and set more conservative targets). It can be argued that the 9200 area is another "lower high" which will attract lots of small time frame bears who do not know how to weight the recent order flow developments. More bears are good because in order to make a market, someone has to be willing to take the other side of the trade. These are the participants who will help price squeeze into the high 9Ks when they are forced to cover. IF price takes out 10,300 then a strong argument can be made for the broader Wave 3 being in play (which can lead price to 14K and higher over the coming months).
BITSTAMP:BTCUSDLong
by MarcPMarkets
69
$CSPS Announces 1st Contract of $10 Mil and Updates Investor WBS$CSPS One of the most highly underrated stocks with the most potential has held through to every promise it has put forth so far in the last 3 months and at lightning speed. In my 10 years, never before has an OTC company moved so fast to get things done. The company recently announced the first of many contracts of which this one will net them $10,000,000 annually: www.otcmarkets.com They've been designated the primary security provider by a leading property management company managing over 30 residential communities located throughout the State of Texas. I'm sure once the details of the contract are finalized we will here more about who it is and the contingencies set forth. They have announced plans to secure multiple contracts this year. They've also stated plans to uplist to the NASDAQ community eventually setting the bar at $5+ PPS wise The company also recently updated their investor relations website and added more information to it.
CLong
by StockGuild
Weak Markets Don't Linger At Resistance. Bitcoin Is Not Weak.#Bitcoin continues to hold its higher prices which can be interpreted as BULLISH. All it needs is a catalyst to squeeze to the next major resistance in the 9K area. We continue to hold 1/3 of our original SWING TRADE position which triggered back in December, for its third target in the low 9Ks. The purpose of this evaluation is to share our insight and perspective as it relates to the actionable information derived from the ORDER FLOW of Bitcoin. Evaluating order flow offers practical clues about short term market intent which can be used to gauge general probabilities around specific market scenarios. 1. IF price decisively breaks 8325, and follows through beyond 8500, the low to mid 9Ks are likely to follow relatively quickly (short squeezes like this often unfold in a matter of hours thanks to short margin liquidations and new buyers). 2. As long as price can stay above the 7600 area, the minor consolidation breakout has a greater chance of occurring. A close below this higher low support can take price back to the 7K minor support zone. This is all about "IF" not WHEN. 3. There is a major resistance around the 9500 to 10,200 area. This zone is the HIGHEST risk, lowest probability location to take on new swing trade longs (but a great place to take profits). Usually AFTER the move takes place, people ask, "Is NOW a good time to buy?" which my response is, "Where were you at 7250?". There was a week and a half of noise and even cheaper prices following our long entry back in December. Think in probabilities, NOT LOGIC. 4. 7275 to 5464 still represents the HIGH probability location for bullish reversals. This means IF there is any revisit, (especially to the 6550 area), we will view this as another opportunity for swing trades and inventory accumulation. Price may not revisit this area again any time soon. 5. Although short term bullish momentum is now in play, we do not consider this market free of the corrective consolidation that is has been in since the June peak. Lack of follow through is still is still an equal possibility and our profit expectations will be adjusted in this way UNTIL Bitcoin proves otherwise. In other words, we will trade this like a Wave 2, until Wave 3 is in play (which requires a break of 10,300 AT LEAST). 6. The fact that price is lingering near the 8500 resistance area is a typical sign of strength (weak markets do not linger at resistance levels, they sell off). This minor consolidation break out can also prompt an alternate trade signal to go long upon the confirmation of a momentum continuation pattern like an inside bar. Keep in mind these points represent part of the rationale that our decision making process is based upon. Timing markets over the short term requires knowing what information carries actionable value, and organizing it in a way that allows for a better sense of how ORDER FLOW is LIKELY to BEHAVE next. Order flow refers to price action based information that is either present or forward looking (trend lines, S&R lines, chart patterns, candlesticks, etc.). In isolation, this information carries little to no value and is why so many inexperienced traders dismiss it as "useless" and say things like "outside bars don't work". Context and perspective come from knowing how these individual elements come together to define a range of REALISTIC outcomes. Overall, charts provide a record of human behavior and when part of a group, this behavior offers pockets of predictability, which can lead to opportunities for those who can identify the risk associated with these pockets.
BITSTAMP:BTCUSDLong
by MarcPMarkets
15
$PRTS - Bullish Momentum From Retracement (Risky)U.S. Auto Parts Network, Inc. engages in the provision of automotive aftermarket parts. The firm's flagship websites include www.autopartswarehouse.com, www.carparts.com, www.jcwhitney.com, www.automd.com, and www.usautoparts.net. Its products include Collision Parts, Engine Parts, Performance Parts and Accessories. The company was founded by Sol Khazani and Mehran Nia in 1995 and is headquartered in Carson, CA. SHORT INTEREST 362.32K 10/15/19 P/E Current -11.14 P/E Ratio (with extraordinary items) -5.55 Average Recommendation: BUY Average Target Price: 3.50
NASDAQ:PRTSLong
by DEXWireNews
GBPUSD POTENTIAL LONG OPPORTUNITY (1D CHART) GBPUSD POTENTIAL LONG IF YOU TAKE A LOOK AT THIS CURRENCY PAIR ON HIGHER TIMEFRAME CHARTS YOU CAN SEE THAT GBPUSD HAS COME INTO ALL TIME YEARLY LOWS IN PRICE. LOOKING AT THE PAST MONTH OF TECHNICAL DATA YOU CAN SEE THAT GBPUSD HAS HAD BUYER INTEREST AND HAS BEEN MAKING HEALTHY MOVES TO THE UPSIDE. RECENTLY, LAST WEEK, AS YOU CAN SEE GBPUSD MADE A VERY STRONG 2%+ MOVE IN PRICE TO THE UPSIDE AND HAD BROKE ABOVE AND HELD ABOVE THE RECENT SIGNIFICANT STRUCTURE. BASED ON WHAT THIS PAIR IS DISPLAYING TO ME IT SEEMS THAT THE MARKET OF THE GBP IS WANTING TO RISE AGAINST THE DOLLAR. LETS TAKE A LOOK! 1D CHART: *RECENT STRONG PUSH ABOVE STRUCTURE AS WELL AS OVER 100% MOVE FROM THE BUYER *VERY STRONG MOMENTUM FROM BUYER *HIGHER LOW FORMED ON DAILY CHART *SIGNS OF UPCOMING BUYER MARKET ARE STARTING TO COME INTO PLAY 4H CHART: *STARTING TO FORM A BUYER/UPTREND *STRONG MOMENTUM FROM BUYER COMPARED TO SELLERS IN RECENT DATA *LOOK FOR PULLBACK AND INTEREST FROM BUYER AGAIN FOR UPSIDE MOVE 1H CHART: *USE FOR ENTRY/EXIT STRATEGY FOR MORE PRECISE TRADE ENTRY/EXIT
Long
by JosePips
$ITP - Retracement - Bullish MomentumIT Tech Packaging, Inc. is a holding company, which engages in the production and distribution of paper products. It operates through the following segments: Orient Paper HB and Orient Paper Shengde. The Orient Paper HB segment produces printing paper and corrugating medium paper. The Orient Paper Shengde segment produces digital photo paper. The company was founded by Liu Zhen Yong in 1996 and is headquartered in Baoding, China. SHORT INTEREST 5.17K 09/30/19 P/E Current -1.36 P/E Ratio (with extraordinary items) -1.66 Average Recommendation: HOLD Average Target Price: 5.00
AMEX:ITPLong
by DEXWireNews
$CLSN - Bullish Momentum From Bounce Celsion Corp . engages in the research and development of pharmaceutical products for cancer treatments. Its portfolio includes deoxyribonucleic acid-mediated immunotherapy and ribonucleic acid-based therapies. It operates through the Celsion and ThermoDox brands. The company was founded by Yim-Pan Cheung in 1982 and is headquartered in Lawrenceville, NJ. SHORT INTEREST 168.36K 09/13/19 P/E Current -2.69 P/E Ratio (with extraordinary items) -5.04 Average Recommendation: BUY Average Target Price: 7.50
CLong
by DEXWireNews
Bitcoin: Sluggish Sell Off Setting Up For Short Squeeze?Based on our swing trade strategy, a buy signal was generated on 9/30 at 8425. Since then, there has been no follow through which is not all that surprising in this environment. By recognizing bearish momentum still has greater control, we were careful to compensate for the elevated risk by taking a smaller position. Now we have two simple choices: exit the long early for a small loss, or continue to give Bitcoin a chance to find a new round of buyers. In this article I will explain our adjusted outlook and why we continue to give this trade a chance. The aim is to provide a glimpse into our decision making process and a technical point of reference to compare to your evaluation. 1. Price continues to fluctuate below the 8500 level (50% retrace of the 3150 low to 14K high). This is a lower high formation which continues to favor bearish momentum. This structure is beginning to lose credibility because price is NOT probing new lows yet. 2. The 7600 region continues to hold price up with the development of a minor double bottom formation off the the low 7700s. This is the basis for our swing trade long. The lows of the formation have YET to be taken out. 3. Long tails have appeared along the previous few candles since the minor bearish retrace has been in play. This is a clear sign that buyers are absorbing any supply that is over reacting to price noise on smaller time frames. We interpret this lack of bearish momentum as a subtle sign of strength (as long as the 7600 level is not compromised). 4. If price breaks the 7600 level, the next relevant support region is the 7275 to 5400 area. Again, this does NOT mean price will make it that low, but it does point to a greater chance of a broad bullish reversal forming around such a location. This is particularly attractive for position traders (investors). 5. The 7500 level is a high probability fake out area relative to the swing from 7700 to 8500. If a pin bar appears around this location, we will be open to taking a new aggressive long swing trade. Such moves are notorious for luring capital from those who focus on small time frames. These same participants provide the momentum and liquidity for the next leg higher (short squeeze). Keep in mind, these observations are relative to larger time frame strategies like swing trading. We do NOT short Bitcoin, even in the face of a bearish trend and we DO NOT consider time frames less than 12 hrs. These are rules that guide what information shapes our decision making process. Without such rules, we would be reactive rather than prepared for particular scenarios (market alignment). Our decisions are usually made around the open of the new candle at 8 PM EDT. The reason is simple: once the previous candle is closed, we have a much better idea of what to expect next. If Bitcoin cannot bounce over the next 5 hours, we will most likely close our position and lock in a smaller loss (since our stop is much lower). You don't have to been in every move to generate a consistent return, you don't have to have a high win rate, and you don't have to hit home runs. Performance consistency for any strategy or market is a product of your process. A process is a set of guidelines and rules that exist to remove emotional decision making and filter market information in order to better recognize QUALITY opportunities. In terms of swing trades, these opportunities or setups are infrequent (maybe 2 - 3 per month in this environment for Bitcoin). These rules must come from you because they need to be in line with your goals and risk tolerance. Buying or selling Bitcoin because someone else says so or because some line crosses another line on your 3 minute chart is NOT a well defined process. It begins with first, knowing your time frame, second, maintaining a focus only on information that is relevant to that time frame, and third, having a strictly defined technical setup to consider. From there you need to be able to evaluate this information against what is unfolding at the moment. The goal is NOT to make money, it is to minimize randomness and risk. Profit is the biproduct of a well defined process and flexible perspective.
BITSTAMP:BTCUSD
by MarcPMarkets
28
IZEA - Bullish Area. Could Retrace Drop IZEA Worldwide, Inc. engages in the creation and operation of online marketplaces that connect marketers with content creators under IZEAx platform. It automates influencer marketing and custom content development, which allows brands and agencies to scale their marketing programs. The company was founded by Edward Hans Murphy in February 2006 and is headquartered in Winter Park, FL. SHORT INTEREST 338.75K 09/13/19 P/E Current -0.45 P/E Ratio (with extraordinary items) -1.14 Average Recommendation: BUY Average Target Price: 1.85
NASDAQ:IZEALong
by DEXWireNews
CGIX - Huge Volume Push - Momentum With BullsCancer Genetics, Inc. engages in the development, commercialization, and sale of molecular and biomarker-based tests and services. Through its Select One Clinical Trials program, the firm provides a range of clinical trial services for both oncology and non-oncology genetic testing such as bioinformatics, biomarker solutions, bio repository solutions, consulting, cytogenetic testing, nucleic acid extraction and purification, flow cytometry, Focus::NGS Panel, gene expression analyses, genotyping, and pharmacogenomics. The company was founded by Raju S. K. Chaganti on April 8, 1999 and is headquartered in Rutherford, NJ. SHORT INTEREST 1.33M 09/13/19 P/E Current -0.15 P/E Ratio (with extraordinary items) -0.31 Average Recommendation: HOLD Average Target Price: 3.00
CLong
by DEXWireNews
Bitcoin 9K Support Break Means Adjusting To The Bears?Bitcoin breaks below the 9K range support and after 3 months, this market is showing some progress. I wrote in previous articles that such an event would allow us to adjust our outlook and that is what I am going to share today. Keep in mind, our perspective is focused on longer time frame strategies such as swing and position trades. If you are capable, avoid all the hype, drama and attention seeking marketers during such dramatic moves in ANY market, not just Bitcoin. They will use this as an opportunity to attract attention, clicks and conversions which means there will be a tendency to over exaggerate their claims, projections, targets and their returns. From a realistic technical perspective, there is NO way to know if Bitcoin is going to 5K, although the possibility has increased. There is also a concept call "random reinforcement" which means the market will tend to reward ineffective behaviors while punishing effective ones. This is particularly true for a small sample of trades, which lures inexperienced traders into believing their outcome is a result of their skill or lack thereof. I mention this because many will brag about their 300% gain on their short day trade, but if they took this trade on some low probability setup that worked this time, they will look credible. If you want to perform consistently, you MUST focus on developing your process and that begins with forming a market relevant PERSPECTIVE and NOT being fooled into copying someone else's ineffective habits. I say market relevant because it must come from purely market generated information, not someone's opinions, your feelings or a reaction to news. And you can find this pure information on your chart which brings me to how we adjusted our perspective based on the 9K support break. Keep in mind, we manage two strategies: swing trades and position trades. We are only interested in information that will guide our decisions on these time frames. This is VERY important because by focusing on information relevant to these time frames ONLY, we avoid tons of confusion, stop outs and fake outs. We do NOT consider smaller time frame trends (appropriate for day trades) and we DO NOT operate on the short side of this market. These guidelines are what keep our performance consistent, NOT some magical chart setup. 1. The 9K break provides evidence that bearish momentum is in play. When a large magnitude range support breaks, there can be a continuation move because of the disproportionate amount of longs that are in the process of being forced out (margin liquidations), or shaken out. Along with that, new shorts will jump in on their smaller time frame signals. For our swing trade strategy, this means we STEP ASIDE and WAIT for stability to develop which can take days to weeks. 2. The broad 50% retrace level around the 8500 level has also been compromised. This is a short term bearish sign and increases that chances of price testing the next support zone which is the 7275 to 5464 REGION (relative to the 61.8% retrace of 3150 to 14K). This does NOT mean price WILL test these lows, but IF it does, it would be the next area that favors a greater possibility for bullish reversal patterns for swing trades AND position trades. 3. Although short term momentum is now bearish, this does NOT equate to the broader trend. In terms of Elliot Wave, a Wave 2 corrective structure (which is most likely what Bitcoin is in) can retrace 100% of Wave 1 (which points to the 3150 low) and still be categorized as a corrective move within a broader BULLISH TREND since Wave 1 is bullish (3150 to 14K). 4. In terms of inventory (position trades), the current prices are WHOLESALE. This is where retail traders are shaken out of their coins while institutions quietly absorb the available supply. We will be looking to accumulate, particularly during any extreme bearish price spikes UNLESS price closes below the 5K support level. And that is how we are adjusting from a range bound outlook to a short term bearish one. Long term we are still BULLISH and will continue to evaluate broader levels for position trade opportunities until the short term outlook changes. Timing markets is about LISTENING and ADJUSTING to new information that PRICE provides across MULTIPLE time horizons. Adjusting means altering expectations about herd behavior around particular levels in the near future. Without an organized and particular process that fits your scope of risk tolerance, you are more likely to REACT to the wrong information. And if the market rewards you for such a behavior, you will soon learn that your new found talent is very temporary.
BITSTAMP:BTCUSD
by MarcPMarkets
26
BWEN - Trend Bullish After CorrectionBroadwind Energy, Inc. is engaged in the manufacture of structures, equipment, and components for clean tech and other specialized applications. It operates through the following business segments: Towers and Heavy Fabrications, Gearing, Process Systems, and Corporartes. The Towers and Heavy Fabrications segment manufactures towers for wind turbines. The Gearing segment engineers, builds, and remanufactures precision gears and gearing systems for oil and gas, wind,mining, steel, and other industrial applications. The Process Systems segment provides contract manufacturing services, including build-to-spec, kitting, fabrication and inventory management. The Corporate segment covers the assets; and selling, general, and administrative expenses. The company was founded in 1996 and is headquartered in Cicero, IL. SHORT INTEREST 28.18K 08/30/19 P/E Current -1.22 P/E Ratio (with extraordinary items) -2.00 Average Recommendation: OVERWEIGHT Average Target Price: 2.28
NASDAQ:BWENLong
by DEXWireNews
YI - Bullish Bounce - Can It Recover? RISKY..111, Inc. engages in the provision of pharmaceutical products and medical services through online retail pharmacy and indirectly through offline pharmacy network. It operates through B2C and B2B segments. The B2C segment engages in the sale of pharmaceutical and other health and wellness products directly to consumers through 1 Drugstore and its offline pharmacies. The B2B segment engages in the sale of pharmaceutical products to pharmacy customers through 1 Drug Mall. The company was founded by Gang Yu and Jun Ling Liu in May 2013 and is headquartered in Shanghai, China. SHORT INTEREST 32.07K 08/15/19 P/E Current -1.99 P/E Ratio (with extraordinary items) -2.73 Average Recommendation: BUY Average Target Price: 98.42 (Most likely wrong)
NASDAQ:YI
by DEXWireNews