DOGECOIN!! is there a second pump coming?DOGE recent crazy pump has got everyone talking, from a technical perspective, on the daily timeframe market has made a huge bullish impulse, followed by a nice correction now we are looking for the continuation to the upside. On the 4hr market has just broke above resistance forming a new high and new bullish structure. DISCLAIMER THIS IS NOT FINANCIAL ADVICE
Momentumstrategy
$AIKI can rise in the next daysContextual immersion trading strategy idea.
Spherix Incorporated, a biotechnology company, focuses on developing small-molecule anti-cancer therapeutics.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $1,79;
stop-loss — $1,40.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$ACRX can rise in the next daysContextual immersion trading strategy idea.
AcelRx Pharmaceuticals is a specialty pharmaceutical company, focuses on the development and commercialization of therapies for the treatment of acute pain.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $2,35;
stop-loss — $1,81.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$ACTG can rise in the next daysContextual immersion trading strategy idea.
Acacia Research Corporation, together with its subsidiaries, invests in intellectual property and related absolute return assets; and engages in the licensing and enforcement of patented technologies.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $5,16;
stop-loss — $4,78.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$DGLY can rise in the next daysContextual immersion trading strategy idea.
Digital Ally, Inc. produces and sells digital video imaging and storage products for use in law enforcement, security, and commercial applications in the United States and internationally.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $3,05 ;
stop-loss — $2,72.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$NOVN can rise in the next daysContextual immersion trading strategy idea.
Novan, Inc., a clinical development-stage biotechnology company, focuses on the development and commercialization of nitric oxide-based therapies to treat dermatological and oncovirus-mediated diseases.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $1,27 ;
stop-loss — $1,09.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$MFH can rise in the next daysContextual immersion trading strategy idea.
Mercurity Fintech Holding Inc. engages in the design, development, creation, testing, installation, configuration, integration, and customization of digital asset infrastructure solutions based on blockchain technologies in the British Virgin Islands.
The demand for shares of the company looks higher than the supply again.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $4,01 again;
stop-loss — $3,03 .
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
IPOE : PRICE ACTION & VOLUME / MOMENTUM TRADESpeculative / Trading the Narrative
SoFi going public at $8.65B valuation via merger with Chamath's Social Capital
Jan. 07, 2021 10:59 AM ETSocial Capital Hedosophia Holdings Corp. V ( IPOE )By: Liz Kiesche, SA News Editor
Social Capital Hedosophia Holdings Corp. V (NYSE:IPOE) soars 30% after Sofi Finance (SOFI) confirmed a Reuters report that online lending startup is nearing a deal to go public by merging with the blank check company lead by VC investor Chamath Palihapitiya.
Update 12pm: Palihapitiya confirmed the news in interview on CNBC and a press release was issued
Transaction values SoFi at an equity value of $8.65B post-money and is expected to provide up to $2.4B in cash proceeds, including a fully committed PIPE of $1.2B, and up to $80M of cash held in the trust account of Social Capital Hedosophia.
Palihapitiya-sponsored special purpose acquisition companies have already signed deals to take Opendoor and Clover Health public via mergers.
seekingalpha.com
SKLZ : PULLBACK / MOMENTUM TRADESkillz stock climbs as Stifel starts it with a Buy
Jan. 12, 2021 10:48 AM ETSkillz Inc. (SKLZ)By: Kim Khan, SA News Editor
Mobile gaming company Skillz (SKLZ, +6%) is climbing on a bullish call from Stifel that puts a Buy rating on the stock, with a price target of $28.
"Given its unique and differentiated model, with several planned strategic initiatives, the business should enjoy significant growth + margin expansion over the next several years," Stifel analyst Drew Crum writes, according to Bloomberg.
Skillz went public through a deal with blank-check company Flying Eagle Acquisition in September.
"Instead of focusing on in-game ads, Skillz has a set of sticky developer tools like payments, marketing, and server hosting," Ishan Puri wrote on Seeking Alpha last month. "I believe these will eventually add additional gross profit and contribution margin to the business over time that is not accounted for today."
Skillz is a well run gaming company that is mission driven and riding major tailwinds. It has well over $1.6 billion in gross marketplace volume and over 2 billion tournaments played per year. As a new generation emerges that is smartphone-first, I believe gaming and gambling are going to grow in big ways.
Skillz is also successful at getting users back to the platform - the most common problem with gaming companies in general. It ranks above TikTok, Facebook (NASDAQ:FB), and other platforms in minutes played per day. I believe this bodes well for the general effectiveness of the platform.
SOURCE : Flying Eagle: Great Long-Term Play, Dec. 7, 2020, Ishan Puri, SeekingAlpha
seekingalpha.com
GBP/USD could MOVE down!Hey tradomaniacs,
after retesting a key-resistance we see a clear divergence in volume and momentum with a decent rejection.
With the break below this resistance-zone and Trendline of the current Uptrend we might see a retracement and so a momentum to the downside.
Lots of Bulls could save their profits, which means we might see a good move here.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
GBPAUD H4 LONGS GbpAud has completed its downtrend. Price broke the December 13 low @ 1.74254 and made a new low on 7 Jan @ 1.74126 which now acts as new support. Price has since been getting rejected from the lows and momentum moving price upwards. Price broke key resistance @ 1.75000 and pull backed testing this restance turned support. Market closed with a bullish candle forming in H1 coming from a reversal. H4 candle closed above 1.74900 which will lead to price trading above 1.75000.
buy @ 1.74860 - 1.75000
buy stop 1 @ 1.75020
buy stop 2 @ 1.75180
buy stop 3 @ 1.75632
buy stop 4 @ 1.75900
SL @ 1.74600
Tp1 @ 1.75780
Tp2 @ 1.76340
Tp3 @ 1.77271
Tp4 @ 1.77891
Target Price Hit!Target price hit at around $58 With Double Top Pattern
This is a follow up writing for my article published on January 6, 2021, with the title "Weekly Trade Ideas for the 11 Automobile Manufacturers" In that article, I wrote, "Trade Idea: Pullback retest low of around $51.17, and then breakout above $53.20, still too early to determine. It may become a double top pattern too."
On January 7, 2021, a bull gap today at the morning open and this stock rushed higher to close at $54.28 as of the market close of January 7, 2021. On January 8, 2021, another bull gap in the morning open at $57.76 and quickly rushed to a high of the day at $59.31. The stock closed at $58.92 based on the market close of January 8, 2021, per Yahoo Finance.
The charts above are available to compare the stock performance on January 7 & 8, 2021, to my first chart interpretation on January 6, 202.
Discussion
This concludes a go long trade 2 days pattern. That is around 15.41% of capital gain in 2 days. The stock of NIO Inc. with the symbol NIO also formed a double top pattern. This may be a go long continuation pattern or a bearish reversal pattern. That is for another discussion.
Thank you for reading!
Greenfield
Remember to click "Like" and "Follow!"
Disclosure: Charts and articles interpreted by Greenfield. A market idea by Greenfield Analysis LLC for educational purposes only. This is not a solicitation and not a recommendation. Greenfield Analysis LLC has no investment in any of the securities mentioned in the article, and no plan to initiate a trade in any of the securities mentioned. Greenfield does not receive any compensation for this writing. Investment involves substantial risk. You should consider carefully before making an investment and investment is at your own risk.
What can we expect from the Index?Today we will analyze long and short scenarios on S&P500 Futures.
Let's start with the Daily Chart:
a) Here, we can see that the next relevant resistance zone is the higher trendline of the Daily Wedge (3850-3880)
b) That's our Final target for the current impulse (meaning that we wait for a corrective movement, proportional to the current bullish trend)
Now we will analyze the 4hs chart:
a) The price its on the edge of an ascending trendline
b) Another relevant item is that the price is moving on an ascending channel, showing some weakness of the current trend
c) We think the most likely scenario its a bullish continuation from current levels 3660 towards the upper trendline of the ascending channel
d) However, we are ready in case of a reversion. IF the price reaches the red line, we will wait for contact on the support zone + pullback. If that happens, we will develop short setups below the pullback with a target at 3300
$HUSN can rise in the next daysContextual immersion trading strategy idea.
Hudson Capital Inc., through its subsidiaries, provides financial advisory services to small-to-medium sized enterprises in the People's Republic of China.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $3,46;
stop-loss — $3,13.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
Short term opportunity on ADBE Today, we will show a bullish setup we have seen on ADBE.
a) The price has broken a major Descending structure
b) Now it's above a resistance zone
c) We can see a corrective structure on the mentioned resistance zone
d) If we have a breakout on the Green line, we will consider the analysis active / The same scenario for the red line (Invalidation of the analysis)
e) The TP1 area can be used to close the setup or move the stop loss to break-even (that is what we will do)
f) We are aiming for a final target at 533.10
g) This setup can provide a Risk Reward Ratio above 2
h) We expect a resolution between 10 to 20 days
The bullish movement keeps pushing / VISAToday, we will show our analysis and setup we are currently taking on VISA
a) There is a clear zone that the price had troubles to break (All time high zone)
b) Yesterday, we saw a new breakout of the zone after sideways movement from September
c) We have opened positions after the breakout of the last corrective structure
d) Our Entry level was above B (check the link to related ideas to see how we trade this type of structures) / Stop below C and Take Profit on the Fibo extension
e) We are taking the risk of 1% on our Capital
f) We expect a resolution of 30 - 45 days on this setup. The Risk-Reward ratio is 1.5
$LPTH can rise in the next daysContextual immersion trading strategy idea.
LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical components and assemblies.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $4,80;
stop-loss — $3,40.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$USIO can rise in the next daysContextual immersion trading strategy idea.
Usio, Inc., together with its subsidiaries, provides integrated electronic payment processing services to merchants and businesses in the United States.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $2,16;
stop-loss — $1,96.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$RNET can rise in the next daysContextual immersion trading strategy idea.
RigNet, Inc., a technology company, provides customized communications services, applications, and cybersecurity solutions in the United States and internationally.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $5,53;
stop-loss — $5,19.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!