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Movingaveragebreakout

Spirit (SAVE) a distressed merger partner with Jet Blue LONGSAVE on the 50-minute chart reversed a trend down that started on January 23 which was a continuation of a previous downtrend which corrected. SAVE is in critical condition. There is a merger with JBLU which has been successfully challenged in court. The two airlines have a narrow window in which to file a notice of appeal after which briefing and oral argument will be calendared. This is a slow process. I cannot find a positive piece of news in this current week. No matter, price crossed over both short and longer moving averages and had little bit of more volume. Is this a fakeout? Is this a short squeeze without volume to keep it going? Are shorts buying to cover? Could this turn into something or is it nothing ? Who knows ! I think it is worth watching.
NYSE:SAVELong
by AwesomeAvani
MBOX / USDT - Bullish Momentum ConfirmedTechnical Analysis: Breakout and Retest of Range: MBOX/USDT has recently broken out of a key range and successfully retested the breakout level, indicating a strong bullish signal. 200 Moving Average Breakout: The 200-day moving average has been decisively breached, providing additional confirmation of the bullish trend. Price Action and Trend Analysis: The combination of a breakout and retest, along with the 200-day moving average breakout, suggests a robust uptrend. This strengthens the case for a sustained bullish movement. Potential Targets: Target 1: $0.3771 Target 2: $0.4060 Risk Management: To manage risk, consider implementing stop-loss orders. Monitoring the price in relation to the 200-day moving average can also provide insights into the strength of the trend.
Long
by K_M_M
EUR/USD Daily rejection, continued downtrendOutlook As EUR/USD continues its push to the downside, we can actually see the highlighted box which shows a large rejection wick on the daily chart. Soon after, price has pushed off of that level and carried its downward momentum. Technically speaking, the move to the downside is quite straightforward and highly probable. However, there is quite a bit of upcoming news this week to be monitored as it may affect the pair quite heavily. Technical analysis: In addition to the clear rejection of the most recent low, we can see on the chart both the Daily 200MA which EUR/USD is strongly held down by and the 4H 200MA following along closely. This adds even more selling pressure and leads to the downside clearly being the path of least resistance. In this case, it's clear that we are headed for lower levels but how low can we expect to go? The next key level for EUR/USD is the 1.05 level. Not only is this a key psychological level, but in the past we have seen a lot of consolidation at this level and it's proven to be very difficult to break either above or below it. Upcoming News: In the week coming up, there is a lot of high impact news especially with FED speeches and the outcome of the news provided will likely have a large impact on the way that the trade pairs and will determine whether it maintains this downward momentum or if we see a reversal with the strengthening of the Eur. The main takeaways from the upcoming speeches will be focused around any changes to monetary policies and rates.
Short
by BrewerCapital_