LVGO BLUE SKY BREAKOUT to BOOMER SET UPAnother beneficiary of the shift towards Telemedicine and remote health monitoring because of COVID-19. Company has been doing exceptionally well even before the pandemic with increased insurance support providing subscription to several Fortune 500 companies. Increased institutional participation observed with high quality funds increasing their position on the issue.
Technicals breaking out of the pattern resistance with OBV indicating increased buying pressure and RSI signals strong momentum for range expansion after pausing on the second half of the trading day. ADX >30 also confirming trend strength. Boomer set up observed on 2H chart giving an opportunity to participate on expansion breakout.
Newhigh
TWLO BREAKOUTI posted an idea for TWLO two days ago and it looks like it's ready to continue its uptrend from a tight consolidation. It briefly established a new high today and the bluesy breakout set-up is potentially going ahead, if overall market sentiment remains bullish. This company has been on a tear since 2017 and has provided me a hefty 400% return since 2018. TWLO was my thesis in school and I learned about it's massive addressable market.
Twilio provides CPaaS (Communication Platform as a Service) and has a large moat being an early mover. It's impressive growth are as follows:
Sector Median % Diff. to Sector
Revenue Growth (YoY) 67.91% 7.24% 838.52%
Revenue Growth (FWD) 43.11% 6.38% 576.22%
Operating CF Growth (FWD) 117.24% 10.32% 1,035.68%
The work from home shift and growing adoption of e-commerce serves as a tailwind for its rich valuation as the market is pricing in its profitability.
On Technical Analysis:
MACD has yet to cross up for a conviction buy. However, On Balance Volume (OBV) Oscillator reacts faster than the MACD indicating an increased buying pressure and has broken out from the trend line on the daily chart. Zooming in on the 4H charts signals the beginning of a rally. Price has also broken out from a tight range.
Reasonable price objectives are set on the chart. I hope this helps. Good luck and happy trading!
Potential long on GBPJPY 4H using BB Bulls pushed with strong momentum to breakout from previous consolidation with bollinger band squeeze, after current pullback there’s potential that a new low will form at lower bollinger band and price will retest the new high.
Ahead BoCYesterday we saw an extraordinary cut in the interest rate with 50 bp by the FED.
Today is BoC's turn - they are likely to repeat the 50 bp reduction or they go even further by cut the interest rate with 75 bp.
This will cause the USDCAD to rise to 1.3475 and break to 1.3520.
Good opportunities with USD/JPYUSD/JPY has a categorical uptrend in all periods.
Currently the price made correction to 38.2 Fibbo and pushed back.
We expect a new rise to the next resistance levels - 112,8; 113,25; 113,80
A little bear push and then the bull run to 10k begins.A little bear push and then the bull run to 10k begins, would the recent events the coronavirus hitting AAPL straight making them miss their quarter goal we saw a big push to the downside but now after recovery and the situation stabilizing in Asia, we can see the market regaining forces and ready for another beautiful bull run to hit a all time high and psychological barrier the 10 000.00$ Target.
Always trade no more then 1-3% of your account, be patient, it's part of the process. Enjoy this run my friends.
KO Poised for New HighKO consolidated with a few whipsaw indecision days, but it is now building strength for potential upside action. KO had a pre-earnings run setup by Professional Traders.
Who want to see US30 at 30000?!I really want to see US30 at 30000 to make it the newest highest high!!
I have made 2 correct analysis for this pairs and 1 losing but it doesnt matter. Part of the game is learning.
I am looking for a buy if price has broken through the resistance and retested.
Strong uptrend, 50EMA (Black) tested by bears but bulls won. Twice.
I have attached previous analysis to see for yourself why im watching this pairs closely.
QCOM Breaks to New HighQCOM is running up ahead of earnings with a rebound off of a sell down during last earnings season. The recovery is a fast short-term V bottom.
{SWC}—— OMESTI, Triangle Consolidation Breakout with high volumeThank you for following us :)
Strategy: Triangle Consolidation breakout with volume
Bias: Bullish. Big spike was seen today and at the same time price breakout the downtrend line and the previous high resistances together.
Target Price: 0.595/0.600
After the breakout, we shall see the price continue to surge to the target price 0.595 which we can compute from the height of the triangle formed as shown in the chart.
Also, based on the fibonacci retracement, the price retraced to 0.382 level with low volume, indicating a healthy retracement. Thus, we shall see the price rise to 0.600, given the retracement level.
Support: 0.530 zone
The immediate support is at 0.540. As long as price maintained above the line, the price is still moving with uptrend momentum.
Remark: Trade your plan; plan your trade!
Please like and share with your friend if you like our idea.
Thanks!
ADSK Compression at New HighADSK had a breakout last week to move above its previous all time high. ADSK is now in a compression mode, which tends to precede breakouts.
LULU in Speculative Run at New HighLULU has been trending upward and gaining momentum as it enters a new all time high price level.
JPM Shows Professional Trader Profit-TakingAfter earnings news, JPM had a strong run up; now, it is stalling as Professional Traders take profits at the new high.
FISV Trading Range at New HighPlatform development resumes for FISV after a 2-day High Frequency Trading gap and run out of previous platform. The current platform is at a new high for the stock.
AMD Pro Trader Run Breaks Above ResistanceBuybacks and Pro Trader activity drove AMD to a new high with a velocity run.
MU in Trading RangeMU is in a Trading Range pattern at a new high, and is moving with some High Frequency Trader activity to the downside recently. This stock is heavily traded by Retail Traders.
KLAC in CompressionKLAC is in a compression mode after a strong run upward to a new high. The stock is showing some minor Dark Pool Quiet Rotation™ at this price level, but for now the stock is holding the gains.
AMD Forms Slip-Slide DowntrendOnce again, AMD has failed to break to a new higher high. Heavy Dark Pool Quiet Rotation™ is thwarting upside action at this time.
CERN Stalls at New HighCERN has shifted sideways after a breakaway gap by High Frequency Traders followed by a momentum run upward. CERN has now shifted sideways, which can provide a strong support for another momentum run.
New All-Time Highs for AXPAXP has moved above the resistance of prior years' all-time highs, and it is now at a new high. American Express moved out of the range after its earnings report. Pro traders are in the mix.
INTC: New high likely to shift sidewaysINTC is in the 5G competition this year. It has moved out of a short-term sideways pattern to a new high, but not a new all-time high. The previous all-time high of 2000 was approximately $75.00. VWAP orders are likely to chase. The pattern may shift sideways again.
