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Pivot

Leader of the wood industry $UFPI is giving bullish signsUFP Industries, which makes lumber and other building products has 216 locations in eight countries making wood and wood-alternative products for retail, construction and industrial customers. After making an ATH at $94 in January, has formed a good cup & handle pattern with a pivot buy above $88.10. The handle shows a good volatility contraction as it has low volume. This is a very good sign and could help the price to have an explosive move up. Also the MACD is been trending up since mid February. In IBD, NASDAQ:UFPI ranks No. 1 in its building-wood group, with a 89 Relative Strength rating. As you can see above the chart, while the AMEX:SPY has been trending down while NASDAQ:UFPI is making higher lows. With lumber prices in an uptrend, this leader could give a really good bull run.
NASDAQ:UFPILong
by dpuleo19
Anthem, Inc. $ANTM flashing a VCPAnthem, Inc. is a provider of health insurance in the United States and is ranked 23rd on the Fortune 500. Fundamentals are very strong, it has an average YoY revenue growth of +14% for the las three quarters, and the last two quarters had EPS and Margin growth over the hundreds. IBD is giving NYSE:ANTM a #1 rank in its industry group and a 94 relative strength rating. That is synonymous of good fundamentals accompanied by very good technicals. Relative to the NASDAQ, the index has done three lower lows as NYSE:ANTM has done three higher lows. That is the kind of action a future leader does. Also, if you compare it against its sector AMEX:XLV , is doing way better. For the las 5 weeks, the price has been making a classic VCP with a pivot buy above $472. Today had a bad close but with low volume, that is a good sign. But, as the market is still in a correction, breakouts aren't working very well. Is time to be cautios so, if the breakout happens I'll buy 1/4 of my typical position sizing.
ALong
by dpuleo19
2
Ovintiv Inc. $OVV near pivot buyOvintiv Inc. enganges in exploration and production of natural gas and oil. IBD gives it a #4 Rank in its industry and has a IBD Relative Strength rating of 98. Its clear that is one of the leaders of the oil industry. The stock is making a good cup & handle pattern as a 3th base with a pivot buy just above $41. One thing that I like is that just below the pivot has made two inside bars, that is a really good contraction in volatility that may help to a good upside move. For the nine months ended 30 September 2021, NYSE:OVV revenues increased 17%. Revenues reflect MarketOptimization segment increase of 94%, USAOperations segment increase of 24%, UnitedStates segment increase of 24% to $2.87B. Still the market conditions aren't very encouraging so I will start very small and add up if it follows through.
NYSE:OVVLong
by dpuleo19
USDJPY BREAK AND TEST Usdjpy technical analysis: h1 chart: price is above 200 hour sma and has tested a support zone (highlighted in orange) that corresponds at 0.382 fibonacci retracement from the last impulse. The pair is in a general uptrend in bigger timeframes as h4 and daily. There are good chances that usdjpy can push higher towards the main resistance, already tested two times. Pay attention to news of tuday on pending home sales and durable good orders for USA. Use a proper money management
Long
by Dragon_Investments
2
Pivot Yearly predictions for AVAX using hidden pivotsThis is a very basic but powerful trading idea published as part of my Crypto market analysis for 2022. It demonstrates the earning potential, predicted by Traditional Yearly Pivots. On top of that, it uses my Hidden Pivots Indicator that is plotting additional levels of pivots from the R6-R10 and Support Pivots (If calculation allows it, as in many cases it won't) from S6-S10. The Indicator plots automatically on each time frame. You can have a look at it here: And a deeper explanation of it here: medium.com In the case of $AVAXUSD, you can see the four scenarios on the chart: 1.Likely in case of bear year - Downside to the S1. 2. Likely in case of bull year - Upside to the R1. 3. Likely on as very bullish cycle - Upside to the R5. 4. Likely on a bananas rocket to the moon year - Upside R10 and beyond. For the whole long read and analysis on the pivot side of the crypto market 2022, see here: rotzeod.medium.com
BITFINEX:AVAXUSD
by Rotzeod
Pivot Yearly predictions for FTM using hidden pivotsThis is a very basic but powerful trading idea published as part of my Crypto market analysis for 2022. It demonstrates the earning potential, predicted by Traditional Yearly Pivots. On top of that, it uses my Hidden Pivots Indicator that is plotting additional levels of pivots from the R6-R10 and Support Pivots (If calculation allows it, as in many cases it won't) from S6-S10. The Indicator plots automatically on each time frame. You can have a look at it here: And a deeper explanation of it here: medium.com In the case of $FTMUSD, you can see the four scenarios on the chart: 1.Likely in case of bear year - Downside to the S1. 2. Likely in case of bull year - Upside to the R1. 3. Likely on as very bullish cycle - Upside to the R5. 4. Likely on a bananas rocket to the moon year - Upside R10 and beyond. For the whole long read and analysis on the pivot side of the crypto market 2022, see here: rotzeod.medium.com
FTX:FTMUSD
by Rotzeod
Pivot Yearly predictions for Atom using hidden pivotsThis is a very basic but powerful trading idea published as part of my Crypto market analysis for 2022. It demonstrates the earning potential, predicted by Traditional Yearly Pivots. On top of that, it uses my Hidden Pivots Indicator that is plotting additional levels of pivots from the R6-R10 and Support Pivots (If calculation allows it, as in many cases it won't) from S6-S10. The Indicator plots automatically on each time frame. You can have a look at it here: And a deeper explanation of it here: medium.com In the case of $ATOMUSD, you can see the four scenarios on the chart: 1.Likely in case of bear year - Downside to the S1. 2. Likely in case of bull year - Upside to the R1. 3. Likely on as very bullish cycle - Upside to the R5. 4. Likely on a bananas rocket to the moon year - Upside R10 and beyond. For the whole long read and analysis on the pivot side of the crypto market 2022, see here: rotzeod.medium.com
FTX:ATOMPERP
by Rotzeod
Pivot Yearly predictions for Mativc using hidden pivotsThis is a very basic but powerful trading idea published as part of my Crypto market analysis for 2022. It demonstrates the earning potential, predicted by Traditional Yearly Pivots. On top of that, it uses my Hidden Pivots Indicator that is plotting additional levels of pivots from the R6-R10 and Support Pivots (If calculation allows it, as in many cases it won't) from S6-S10. The Indicator plots automatically on each time frame. You can have a look at it here: And a deeper explanation of it here: medium.com In the case of $MaticUSD, you can see the four scenarios on the chart: 1.Likely in case of bear year - Downside to the S1. 2. Likely in case of bull year - Upside to the R1. 3. Likely on as very bullish cycle - Upside to the R5. 4. Likely on a bananas rocket to the moon year - Upside R10 and beyond. For the whole long read and analysis on the pivot side of the crypto market 2022, see here: rotzeod.medium.com
FTX:MATICUSD
by Rotzeod
2
Pivot Yearly predictions for ADA using hidden pivotsThis is a very basic but powerful trading idea published as part of my Crypto market analysis for 2022. It demonstrates the earning potential, predicted by Traditional Yearly Pivots. On top of that, it uses my Hidden Pivots Indicator that is plotting additional levels of pivots from the R6-R10 and Support Pivots (If calculation allows it, as in many cases it won't) from S6-S10. The Indicator plots automatically on each time frame. You can have a look at it here: And a deeper explanation of it here: medium.com In the case of $ADAUSD, you can see the four scenarios on the chart: 1.Likely in case of bear year - Downside to the S1. 2. Likely in case of bull year - Upside to the R1. 3. Likely on as very bullish cycle - Upside to the R5. 4. Likely on a bananas rocket to the moon year - Upside R10 and beyond. For the whole long read and analysis on the pivot side of the crypto market 2022, see here: rotzeod.medium.com
KRAKEN:ADAUSD
by Rotzeod
2