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Pullbackbuy

Alikze »» TIA | Pull back to broken structure🔍 Technical analysis: Pull back to broken structure - In the daily time frame, it is moving in a downward channel, which met with demand in the liquidity area. According to the latest analysis presented in the region, there was a demand that grew up to the ceiling of the descending channel. - Currently, it is moving in an ascending channel within the descending channel, which can continue its growth with a pullback to the broken structure. - Therefore, this return in the range of the green box or in the middle of the channel can meet the demand again and continue its growth until the supply area. 💎 In addition, if it faces more selling pressure in the Liquidity Area and moves sharply, it can break the range, in which case the bullish scenario will be invalidated. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:TIAUSDT
Long
by alikze
LCID's vwap bounced after pullback LONGLCID trended up 40% from late June and then over 2-3 days completed a standard Fib 0.5 retracement before bouncing off a longterm anchored mean VWAP and reversing. The reversal is supported by the two time frame RSI indicator showing the lower TF RSI crossing above the higher TF RSI and both of them approaching the 50 level. The zero lag MACD shows the lines crossed under the histogram and are now approaching the horizontal zero line. The relative rigor indicator shows a line cross while the values were negative and now approach to the horizontal zero line in parallel. Overall I conclude that LCID is set up for a long entry.
NASDAQ:LCIDLong
by AwesomeAvani
BTC1! - HARD TO BUY AT THE TOP? - BUY AT THE RED LINE - WEEKLYBTC Future price is ranging at the top of his historical price range zone. We feel that there is a potential for the price to just leave earth and go beyond easily and at the same time deception can occur with possibility to see the price squeeze down buyers before going in its potential historical run up to new highs. This is when DCA or Entry could potentially be done at the RED LINE zone. Long Entry to not miss history! Who still believe that it could go to zero? here fundamental analysis is necessary depending on how regulation is going to evolve in the next years....
CME:BTC1!
by Diallo_Charts_Ideas
A new price structure on BTCUSD.The monthly candle has created a new price structure above the previous ath drawn in 2021. These structures are very important and are calculated on the closures, in this case monthly, even if one had also made one on the weekly towards the beginning of the month of March, was not as homogeneous as this one drawn the day before yesterday, because it was not present in some charts of other exchanges. These structures are very important, they can be used as support and resistance levels and outline trends. The latter are nothing more than a series of price structures either upward or downward, in this case upward, given that for the first time the monthly closes above 70k usd. A very strong and very useful signal, we have a very reliable level that can be used as resistance for the next movements. It should be noted that the trendline and the new bullish structure occurred at the same time, they are zones and not precise points, the first test of the previous historical high is concluded, once this short-term correction is over, we could see another test and establish whether the price has still have the strength to continue at least for the intermediate period.
BITFINEX:BTCUSD
by Melupira89
SRZN great trend up this year then pullback can be bought LONGSRZN ona 30 minute chart is on a consistent trend up for three weeks with some minor normal corrections while underway. Now is one of those pullbacks waiting for an entry. Price is getting support from the first upper VWAP bandline confluent with the lower ascending support line of the megaphone pattern. A megaphone pattern documents increasing volatility in the price action. Volatility is profitable in trading the swings as a swing trade or even intraday. I will take a long trade here targeting the top of the pattern or about going from 12 to 15 being 25% upside.
NASDAQ:SRZNLong
by AwesomeAvani
HPAL - At Support - Pullback TradeI identified this stock as a probable candidate for a breakout trade (Refer to the previous post linked here) And we did see a breakout and run up to 540-550 levels. Now the stock has come back to the breakout level, the previous resistance area which now would serve as a support area( 455-463) and this week a hammer-like candle is also formed in the support area, portraying a good opportunity for a pullback trade. The structure of the stock is still very positive and this could be a great risk to reward swing to positional trade. The initial target is recent highs i.e. 540-550 and the further target is around 600 levels. Close below 450 would negate the trade.
NSE:HPALLong
by manuagarwal21
2
UNH on watch for continuation after pullback LONGUNH after earnings with a mild beat in mid July, price shot up for one week then went sideways and then pulled back in the past week. Price is now at 497 and under the dynamic resistance of the first deviation line above the mean VWAP. The dual time frame shows a good pattern with the shorter TF of 3 minutes in green above the longer TF of 45 minutes in black. The short TF is above the 50 level. Overall, I think the pullback is about over. I will take a long trade with a buy stop of 500.25 setting the stop loss below what will become dynamic support of the blue line at 499.5. This is a tight stop and low risk owing to the positioning of the trade about a support level. I will target 515.00 for a risk to reward ratio of 0.75 to 15 or 1:20 which is outstanding. I may take a call option striking $510 out a couple of months if it would not draw down by the cash portion of my overall portfolio more than 3%. This option premium is about $9000 but I think the potential profit is about the same.
NYSE:UNHLong
by AwesomeAvani
Tesla Pullback Targets + Major Bull Signal NearingHi Guys! This is a Technical Analysis on Tesla (TSLA) on the 3 Day Timeframe. So we are continuing the move on Target from our Rejection, our Downtrend held by the Resistance Trend Line. A break and confirm above the Resistance Trend Line will indicate a "Trend Change". Till then we are being pushed DOWN in track on hitting our Targets: 1. 0.618 FIB level, around $224 2. Blue Moving Average, the 100 SMA 3. Green Moving Average, the 50 SMA 4. 0.5 FIB level, around $200 Our 1st target is the 0.618 FIB level, but notice how the 100 SMA is hovering just below it. So its likely that we test both. So the natural order of things is that when Price moves above a Moving Average, we need to test it as SUPPORT before moving higher. So this is why i believe we test both 0.618 level and 100 SMA, since we have not yet tested SUPPORT. Watch how we interact with this moving average. Depending on when momentum comes in (indicated by indicators), we may have a strong bounce here due to convergence of 100 SMA & 0.618 FIB and continue upwards. For this reason, this would be my 1st BUY ZONE. Also Note the 50 SMA: We are currently curved upwards, indicating further movement UP. So this line is continuosly changing. Since currently its ABOVE 0.5 FIB level, this area would be my 3rd target to watch. If we end up breaking the 50 SMA, we may go to the 0.5 FIB level. But for now its less probable. A Major event is also nearing. The 50 SMA/ 100 SMA GOLDEN CROSS. Notice on your own charts, how everytime this occurs, TSLA explodes in price. This cross may also prevent TSLA from reaching the 0.5 FIB level. We would need to keep an eye out on the Macro timeframes for further specifics as well. To get details on the Momentum lets look at the MACD. We have recently crossed BEARISH on the MACD. With increasing size and number of RED histogram bars. We need to see lighter colored RED bars. Eventually seeing GREEN bars for momentum to change BULLISH. Also NOTE -> I'd prefer the BLue/Orange lines stay ABOVE the 0 level, indicating the continuation of the overall BULL trend in TSLA. The STOCH RSI -> Also a momentum indicator. We have moved below the 20 level. It's crucial to watch out for the BULLISH cross (Blue line over Orange line) back above the 20 level. This will indicate injection of momentum back into TSLA. The RSI -> Notice our current pattern where the Orange line has CROSSED below the Black line. Normally this indicates Price Declines. So watch where the downward curve of the Black Line and downtrend of Orange line stops Look for a Bullish cross of Orange line getting ABOVE Black line. And just to give perspective, the Price we are at right now while i post this idea. We are 20% cheaper from th current highs. TSLA has out performed many stocks in 2023. So this pullback presents great opportunity. Continue to watch these levels. Take action accordingly. __________________________________________________________________________________ Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. ***Read my Previous Analysis BELOW From 08/03/23 For More Context! Stay tuned for more updates on TSLA in the near future. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
NASDAQ:TSLAShort
by SafofAllTrades
Pullback Buy in RDFNRDFN is a stock we bought in my Alpha Stocks service on June 27 when it broke out above resistance at 11.50. It rallied 50% over the next three weeks but has now pulled back to a level where I would consider adding to or taking a new position. Redfin is a powerful stock, but it also has a history of 15-20% pullbacks throughout its up moves. As of Friday morning, the stock is 20% off its high with support at the 21-day exponential moving average which has contained this surge thus far. Traders may consider buying here with a stop loss near $13.
NASDAQ:RDFNLong
by rossgivens
1
BTBT- 500% YTD Pullback for Long EntryBTBT, a stock with cryptocurrency mining activities, has been on a long sustained trend up this year of 500% reflecting the crypotcurrency recovery and resurgence. In the past week, it has pulled back and is now setup for an entry. This stock is similar to RIOT and MARA but with a lower price and market cap. It had been trending along the second deviation line above the long-term VWAP anchored at the beginning of the year. The pullback to the first deviation the line above VWAP allows for an opportunistic long entry. The ascending amplitudes of the K /D line excursions on the MACD indicator are confirmatory for the bullish momentum. I will take a long trade here expecting a 50-100% return over the slow trading of the remainder of the summer. I believe this will further diversity the portfolio by exposure to the crypto sector.
NASDAQ:BTBTLong
by AwesomeAvani
Pullback Buy in SOUNI started buying SOUN on a breakout above 3.35 two weeks ago. This was a classic breakout pattern with big volume on the advances and the stock was in the hottest group - AI. And shares surged 50% over the next 14 days. I sold half my position at around 4.80. Since the stock topped just below the $5 mark back in February, this was likely to be a key resistance area and the SOUN pulled back as expected. I added the rest of my position back on here at 4.15 on Wednesday. If this rally is to continue, this seems like a likely bounce point. Not only is this a high volume node on the volume profile where the most trading has occurred since the breakout, it is also sitting on the 10-day EMA. This represents a 20% pullback from last week's highs, and I would like to see buyers step in here if this stock is truly under accumulation. I do not expect to see SOUN go below 4.00. If shares break below 3.90, I will likely begin exiting my position. If you do not own the stock, this is a decent place to buy in on a pullback. If you bought the breakout, however, this is a way to "press" the trade and risk some of your profits to see if this can be a monster win.
NASDAQ:SOUNLong
by rossgivens
2
Pullback Buy in CRWDThis cybersecurity stock has been a top performer in 2023. After a vicious Stage 4 downtrend that wiped out 70% of its value in the 2022 bear market, CRWD has come ripping off the low this year. It reclaimed its 200-day moving average last month and continues to advance higher. The dashed line on the chart above shows a key support/resistance level in CRWD. The stock found resistance here earlier in the year and it has so far served as support after getting above the 200-day. The stock is also sitting on its 50-day moving average which should serve as additional support. I would consider buying here with a stop just below the 200-day line at $133. This would represent a 7% risk on the trade.
NASDAQ:CRWDLong
by rossgivens
Is YINN ( Chinese 3X )ready to re-enter or add to the position?YINN is shown here on a 15-minute chart. It had several good NY sessions in a row adding about 4% daily. In the last session however, it had a 3% pullback to its present price. Fundamentally, the Chinese central bank in just the past few days, lowered the prime rate something the US fed has been unwilling to consider. There can be little doubt that this will be helpful to Chinese stocks overall. On the chart, I find several confluences that give YINN support and so make it likely that YINN will have a bullish continuation: (1) it is currently at the same value of the POC line. (2) it is currently near to the convergence of the SMAs 50 20 and 10 from the Alligator indicator (3) it is sitting just above the line representing one standard deviation above the anchored mean VWAP Given these confluences, the support is strong favoring my analysis that YINN is ready for me to add to my position which was very profitable when I took a partial closure of my shares at the beginning of the last trading day. I am confident that the buy high and sell higher in an uptrend is the best approach to gain with low risk.
AMEX:YINNLong
by AwesomeAvani
Long trade in ONONUBS analysts doubled down on its bullish view on the stock today. They have Buy rating on ONON and a price target of $42. Shares are up 5% today on the news. This stock has been a favorite of mine for several months. It went public in late 2021. It performed great initially. But the 2022 bear market gave it a beating. ONON has more than doubled off its 2022 lows and the company is growing sales at an astounding 80% quarterly rate. Shares dipped below the 50-day moving average (red line on chart) in May and did an “undercut & rally.” This is where a stock will breach a previous support area triggering thousands of stop losses and taking investors out. Institutions often buy here and drive the price back above support (dashed line on chart) to continue the move higher. Investors may consider buying here with a 10% stop loss near 27.25.
NYSE:ONONLong
by rossgivens