PURPLE, yes the mattress company, has bee getting hammered for a while now. Their stock price was mile higher than it is now, but it looks like the bottom may just be in. And, it's gone down so much, compared to what it used to be, that the risk involved in investing, or trading it has decreased as well. Keep in mind that this company is extremely subject to...
Strong Down Channel continues with Purple Group. There are no breakout patterns and now strong supports until we reach 40c and then 30c. This is a no buying zone, despite how attractive the discounted value is. End of the day, we need to wait for the break above the down channel, before bullishness shows. Other indicators confirm downside momentum...
Target reached and hit our target at R1.25 Rectangle box showed to be bearish and the price dropped hot and quickly. We now can have some sideways jumpiness which should form the next formation. We will wait for the structure before the next post. ABOUT: Purple Group is a financial services company listed on the “Financials – General Financial” sector of the...
Waiting on Price action entries in these zones. Double confirmation Fibs line up at the bottom of the purple zone retracement. monitor price action there for turn around, with AO volume divergence. Entries about 1-5-15-30 mins TFs with ignite strategy, bias long, with tops at 1.618 an 2.618 previous ATH confluence Daily chart. 2% risk entries, roll stops under...
9966699999966699999966699966669996699999996699666996699 9966999999996999999996666996699666699666996699666996699 9966699999999999999966666699996666699666996699666996699 9966666999999999999666666669966666699666996699666996699 9966666669999999966666666669966666699666996699666996699 9966666666699996666666666669966666699666996699666996666...
Enter on the shift. Set it and forget it. SiFi = peace of mind
Riding a short down to a buy zone on Tesla. Expecting this market to bounce to bullish in the purple zone 1.618 Fib, Limit order set. Invalid if the short gets stopped out.
I'm still bullish on oil, although we may see further retracement into a 5 Leg sequence. I will just buy again at the 1.1618 shown as the purple area, "bounce zone". Alerts set. partials taken off the first trade, stops are moved to break even.
It seems like ETH is overbought and needs correction. The possible target for short is $500. Fundament analysis is still bullish, so be careful. The US and EU are still printing money. This could cause even higher prices on ETH, but it will be temporary.
Would star fund manager Neil Woodford sell his house through Purplebricks, the online estate agency? Probably — for two reasons. He could save up to £18,000 by paying Purplebricks’ £849 flat fee instead of conventional agents’ 1.3 per cent commission, assuming his Tetbury home commanded the sort of price his neighbours’ have of late. And he holds a ~20 per cent...
Repeating myself...watch the purple line. If it ain't broken, a decline on short and medium scale should begin.
Overview: Using the setup and analysis (detailed below) we are projecting a continued bullrun with support towards 300k sats, with a new trading channel between 130k sats and 170k sats (the .618 and .382 Fib). The 7hr average is currently on an explosive upwards trend as it has punched past the downwards (orange line) BTC compression and the 77/343 averages,...