S&P500, Up or Down?!S&P was hit by CPI news release with about a 2% drop from the 1H candle.
Prices started climbing there after, but this could be a result of price-action, take profit at a key level.
We see this in the 1D chart, for a rally base rally which was printed from 20-24 June 2022.
Double top potentially forming if price does break the 3760 RBR zone.
Where do we see prices going from here? Are we in for a deeper crash back to pre-covid highs of 3400 on 19 Feb 2020?
Recession scares are shaking the market, and much is uncertain - or so they say...
Safer long term buys above 3900. Otherwise, would say outlook is still generally looking bearish.
That aside, short term buys probable, given the momentum we had on 13/7 and a series of higher low candle closes into resistance, holding above the demand zone.
Momentumtrade
BTCUSD short term bounce from supply zoneThere are many wicks on top of the candles on the 15 minute BTCUSDT chart. Honey Cypher momentum is to the downside. The light blue Vwap is starting to slope down. Looking at the honey wave structure we can see that the previous uptrend was long lasting so the chance of the coming downtrend to have this long lasting slow drop is quite likely to me.
TCN is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
Tricon Residential is an owner and operator of single-family rental homes and multi-family rental apartments in the United States and Canada.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $12.78 ;
stop-loss — $12.43;
take-profit — $13.83/MOC price.
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.
$CODX can rise in the next daysContextual immersion trading strategy idea.
Co-Diagnostics, Inc., a molecular diagnostics company, intends to manufacture and sell reagents used for diagnostic tests that function via the detection and/or analysis of nucleic acid molecules.
The share price rose after the company announced that it had entered into an agreement with Arches Research, a subsidiary of Polarity TE (NASDAQ:PTE), to expand Arches' use of Co-Diagnostics' Logix Smart COVID-19 test.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position again from $11,62;
stop-loss — $10,80.
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!
$MDGL can rise in the next daysContextual immersion trading strategy idea.
Madrigal Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, focuses on the development and commercialization of therapeutic candidates for the treatment of cardiovascular, metabolic, and liver diseases.
The share price rose after good earnings. I see some preconditions the share price will continue growing.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $118,32;
stop-loss — $114,98.
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!
$AQST can rise in the next daysContextual immersion trading strategy idea.
Aquestive Therapeutics, Inc., a specialty pharmaceutical company, focuses on identifying, developing, and commercializing various products to address unmet medical needs.
The share price rose after good earnings. I see some preconditions the share price will continue growing.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $6,45;
stop-loss — $6,00.
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!
Resistance vs Momentum Splitit has shined bright this week, with double digit gains daily and a whopping 14 million dollars in shares exchanged by 2pm Tuesday 29 October following the release of the companies quarterly statement and a brand new investor presentation.
These releases coincide with the AGM being held in Sydney, Australia tomorrow evening, whilst the statements did not necessarily warrant such price action witnessed today, they were far from negative, with most metrics increasing two-fold over prior quarters.
Splitit has also silently avoided regulatory scrutiny over the last few weeks which saw rivals Afterpay and Zip shred hundreds of millions of dollars from their market caps, its clear that some of this free capital has entered less risky BNPL schemes like splitit, which instead of issuing credit, directly funds merchants for transactions.
Might see some consolidation back to 0.95, Expecting a move to 1.00 at the least.
Still a value buy @ 1.05-1.15 AUD
Morningstar fair value = 1.70 AUD
Accumulation on Gold.... Last Chance to Load for 1560I have been tracking this for a while and it has been an all out war...
Good thing is the trend is your friend and we are in a heavy bullish trend...
Bears are running out of steam as we are in an ascending triangle aiming right at the 1507 area resistance
I took a long based on the break of the trendline around 1500 and got an entry on the retrace around 1502 with stops under 1497.
Will add more on bounces of the upward trendline.
Will have full confirmation of the break of 1507 and will take last longs there. TP1 at 1525 and let the rest run.
Happy Hunting Happy Trapping
BooBii
Make sure to like... comment ... and subscribe
Any questions feel free to ask...
For what I don't know... I just don't know...
But what I do know I'll gladly share...
[Quick Guide] PRISM Signals & PDF indicators.
The PRISM Signals appears to work well especially at lower time-frames (even down to 5 min candles).
The key is to maximizing true-positives is to carefully optimize the input parameters and scoring weights and detection thresholds for a specific given chart and timeframe.
See also the 5 mins chart:
Also shown here is the PDF script, which provides: dynamic Fib levels, pSAR indicator, as well as 2 levels standard deviation bands (disabled here).
The thickest green/red limes are the local-top/bottom lines. Adjust the Fib Input Range accordingly to ensure that the local highs/lows are accurately captured.
The 61.8% levels are the thicker blue lines, and the purple lines are additional levels derived base on the mathematical conjugation between Fib levels.
Again, it is highly recommended to carefully check/optimize the input parameters for a given chart/timeframe against historical trends before proceeding to use it.
This script also provides consecutive higher/lower-highs/lows detection, which is disabled here.
Various features of these scripts can be manually Enabled/Disabled by the users to keep the chart neat.
Even though these scripts are constructed from a set of indicators, it is still highly advised to be used in conjunction with other analysis such as: trendlines, volume, and other indicators, etc., as well as analyzing and comparing with higher/lower timeframes, to help filter out or identify possible risk of false-positives to maximize your success rate.
==========================================================
Indicators used:
PRISM Signals (Color and Stdev bands disabled here) -- Algorithm to generate scoring-based bullish/bearish signals derived from the PRISM oscillators set.
PDF {pSAR /w HiLo Trends + Fib Retrace/Extension Levels} -- Parabolic SAR /w HighLow Trends Indicator/Bar-color-marking + Dynamic Fib Retrace and Extension Level.
Ichimoku Cloud {Cybernetwork} -- Ichimoku Cloud with modified parameters.
Related Indicator:
PRISM Oscillator -- pSAR based oscillator, with RSI/StochRSI as well as Momentum/Acceleration/Jerk indicators
==========================================================
~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~
Note:
In no way is this intended as a financial/investment/trading advice. You are responsible for your own investment decisions and trades.
Please exercise your own judgement for your own trades base on your own risk-aversion level and goals as an investor or a trader. The use of OTHER indicators and analysis in conjunction (tailored to your own style of investing/trading) will help improve confidence of your analysis, for you to determine your own trade decisions.
~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~
Please check out my other indicators sets and series, e.g.
LIVIDITIUM (dynamic levels),
AEONDRIFT (multi-levels standard deviation bands),
FUSIONGAPS (MA based oscillators),
MAJESTIC (Momentum/Acceleration/Jerk Oscillators),
and more to come.
Constructive feedback and suggestions are welcome.
If you like any of my set of indicators, and it has benefited you in some ways, please consider tipping a little to my HRT fund. =D
cybernetwork @ EOS
37DzRVwodp5UZBYjCKvVoZ5bDdDqhr7798 @ BTC
MPr8Zhmpsx2uh3F5R4WD98MRJJpwuLBhA3 @ LTC
1Je6c1vvSCW7V2vA6RYDt6CEvqGYgT44F4 @ BCH
AS259bXGthuj4VZ1QPzD39W3ut4fQV5giC @ NEO
rDonew8fRDkZFv7dZYe5w3L1vJSE51zFAx @ Ripple XRP
0xc0161d27201914FC0bAe5e350a193c8658fc4742 @ ETH
GAX6UDAJ52OGZW4FVVG3WLGIOJLGG2C7CTO5ZDUK2P6M6QMYBJMSJTDL @ Stellar XLM
xrb_16s8cj8eoangfa96shsnkir3wctdzy76ajui4zexek6xmqssweu85rdjxrt4 @ Nano
~ JuniAiko
(=^~^=)v~
FTM: Short-term, Looking strong (Stop-Limit set to secure gains)Setting stop-limit as indicated by the red arrow to protect the 30%+ profits gained so far: using the Fast AEONDRIFT script on the 1hr chart to determine suitable stop-loss values for the next few hours.
The RSI/Stochs as well as the PRISM oscillators looking bullish on the short term (for now). Looks like FTM may still have a bit of gas left to continue higher still (with proper risk management setup of course, in case it dumps) after retesting the 15 ema line.
=====================================================================
My indicators used:
~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~
Note: In no way is this intended as a financial/investment/trading advice. You are responsible for your own investment decisions and trades.
Please exercise your own judgement for your own trades base on your own risk-aversion level and goals as an investor or a trader. The use of OTHER indicators and analysis in conjunction (tailored to your own style of investing/trading) will help improve confidence of your analysis, for you to determine your own trade decisions.
~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~
Please check out my other indicators sets and series, e.g.
LIVIDITIUM (dynamic levels),
AEONDRIFT (standard deviation bands),
FUSIONGAPS (MA based oscillators),
MAJESTIC (Momentum/Acceleration/Jerk Oscillators),
PRISM (PSAR based oscillator, with RSI/StochRSI as well as Momentum/Acceleration/Jerk indicators),
and more to come.
Constructive feedback and suggestions are welcome.
If you like any of my set of indicators, and it has benefited you in some ways, please consider tipping a little to my HRT fund. =D
cybernetwork @ EOS
37DzRVwodp5UZBYjCKvVoZ5bDdDqhr7798 @ BTC
MPr8Zhmpsx2uh3F5R4WD98MRJJpwuLBhA3 @ LTC
1Je6c1vvSCW7V2vA6RYDt6CEvqGYgT44F4 @ BCH
AS259bXGthuj4VZ1QPzD39W3ut4fQV5giC @ NEO
rDonew8fRDkZFv7dZYe5w3L1vJSE51zFAx @ Ripple XRP
0xc0161d27201914FC0bAe5e350a193c8658fc4742 @ ETH
GAX6UDAJ52OGZW4FVVG3WLGIOJLGG2C7CTO5ZDUK2P6M6QMYBJMSJTDL @ Stellar XLM
xrb_16s8cj8eoangfa96shsnkir3wctdzy76ajui4zexek6xmqssweu85rdjxrt4 @ Nano
~ JuniAiko
(=^~^=)v~
LULU: Volume rising after HFT gap up above a support levelLULU has a consolidation that moved up above the previous recent new high. The stock gapped up on HFT action to the current level. Volume is rising. The support levels for the recent gap are the Sept high and the February high. This is weak support for swing trading or momentum style trading. Earnings are expected at the end of May.