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Rebound

🔥 LUNA Strong Bounce Off SupportLUNA has seen some crazy gains over the last couple of weeks, increasing more than 1,000%! It seems that this coin is experiencing a never ending party. Since earlier today, LUNA is on a new bullish path upward since it rebounded from the support line. Even during Bitcoins plunge earlier this week, LUNA remained very stable, a great sign of bullish strength. Signs that a new all time high might be on the horizon! On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence. Happy trading!
Long
by FieryTrading
26
$XZC.X (ZCOIN), do we have an opportunity on the rebound here?Hi Community, XZC seems to offer an opportunity here. Here is what I see: Price is rebounding from an ascending support line, which was previously tested. RSI 1H TF just moved above 30. RSI 4H TF is below 30. A potential 70% profit if price breaks the descending resistance line and flips it to support. Potential TP Targets: TP1: 3.70$ TP2: 5.03$ What do you think? Comments and feedback are most welcome. If you think I am on the right track, a "like" will be most appreciated. :) Thank you and Happy trading! ------------------------------------------------------ Needless to say, this is not financial advice! Still learning here, so please be nice!
XLong
by BitfulMind
ADABTC - false breakoutPrecondition for the false breakout If the price by an impulse flies near the level. fall for a long time. rebound from the mirror level. do you agree with me? Dear followers, the best "Thank you" will be your likes and comments! These ideas are not a channel with signals and I do not give recommendations on the entry/exit points. In my reviews, I provide analytics - those data that help model potential options/scenarios for price movements Thanks for your support!
Long
by Yuriy_Bishko
4
Nordstrom is close to its all time support (back from 1985). ^^^Nordstrom's been hit really hard - and rightfully so. It's a department store in the era of specialized stores. As a sector, department stores are commodity brands with minimal appeal. That said, out of all the department stores, there's really only one store that has made a brand for itself - Nordstrom. Of all the stores out there, I believe it has the least chance of going under. The Nordstrom family in the past has tried to repurchase the company and take it private. At the time, their bid was too low. Today, any bid is almost a steal. But.. look back at every major recession in our history. $JWN has hit this bottom support line. And what happens soon after that, a dramatic rise. The biggest difference between today and 2008, the last time JWN hit the support line is that in 2008, you could still physically go to the store + you had a need for dressing nicely. Today, most people are wearing lounge / comfort clothes, and even if they wanted to go out, most people can't or won't go indoors due to COVID-19. You can assume that JWN has a high chance of going bankrupt. You can also assume that if it doesn't (protect your downside), then based on history, it will climb. Those who have still have any discretionary money available to them will be looking to spend as soon as they can - whether its due to COVID-19 fatigue or a COVID-19 vaccine. The idea here is something similar to a strangle. - Put options around $7.50 that expire before May of 2021. COVID will likely lock people in until spring of 2021. This is going to be the riskiest time for JWN - especially since they will likely lose a lot of holiday revenue. - Call options around anywhere between $15-$30 that expire end of 2021. If JWN makes it past Spring of 2021, then they should be resilient enough to enjoy a return of customers (assuming there's not another massive event).
NYSE:JWNLong
by lets_daft
probable rebound in nasdaq/probale rebote...If there is an approval of a stimulus package next week, we could see the price break above 11,214. In addition to this we would have the confirmation of a "double bottom" pattern or in W. With this, it breaks the downtrend that had occurred last week ...//Si existiese la proxima semana una aprobacion de un paquete de estimulos, podriamos ver la ruptura del precio por sobre los 11.214. Ademas de esto tendriamos la confirmacion de un patron "doble suelo" o en W. Con esto, rompe la tendencia bajista que se habia dado la semana pasada...
TVC:NDQ
by Natstrading
1
FKLI TRADING : 120) still short on rebound120 is the number and this is haidojo trading. downtrend is confirmed...short on rebound...fkli-aug hit the support 1560, slided a bit lower to 1547, then a rebound...the market is still bias to the downside...so short on rebound is a higher probability trade... resistance : 1585- 1605 (the red colored rectangle) support : 1547-1560 lower support : 1512-1520 advanced pattern bullish cypher pattern with D leg completion in the range of 1512-1520...SL could be set below 1500... this is a counter-trend trade...so if you never tested this, stay away... WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode shall not be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk! **your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
MYX:FKLI1!Short
by HAIDOJO_trading
AUDUSD Short / Sell - Ranging Pair & Strong ReisistanceReasons I will look to take this trade - Pair is ranging between shown price points with no clear bullish/bearish direction as of yet. - Price has reacted violently to these price areas in the past, quickly reversing. - Pair is overbought on 30 min / 1 hour / 4 hour timeframes. - Tight stop loss / Good R:R (Risk:Reward Ratio) (1:3) Entry : 0.69900 Stop Loss: 0.70070 TP: 0.69242 Please check against your own analysis BEFORE taking this trade and make sure you are happy to enter. Open to any critique or advice :)
Short
by robertofiorentino9
Hertz - going against the crowd, buying the bloodHere we have a stock that exploded so hard in volume that it stood out among all others. Come to find out from further research they're going bankrupt. As they're attempting to sell stock, chairman Powell stops the trading on Hertz and on the same day he announced a shift that the fed is doing. They're switching from buying ETF's to buying corporate bonds/ supporting individual companies. We see this with the funding of Inovio. We're looking at a company that was completely affected by covid and they have a big role as a large company providing used cars to Carmax, Autonation and countless other dealers. Everyone thinks they will fail, this is the perfect opportunity for somebody to buyout the options, bring out the news, and buyout the stock causing a massive breakout. I'm not a bullshiter so here is my position: imgur.com
HLong
by eneakume
9
S&P 500. Ready to Move Down.Ready to move down. I want to make a reflection, we are in front of the worst crisis after 1929. And if you see the american Markets we are almost at the highs. What's wrong with the investors? Here are the clues that tell us that the rebound has ended: 1)Well as you can see, the correction has consumed 5 waves. 2) Price has left the bullish channel. 3) Double Top 2.972. 4) Market overbuy. 5) Today break below 2941. On the other hand we have: 1) Double Botton. 2) The price right now is in the long term canal(orange). Base is right now on 2880. 3) Price is moving sideways 2.971 - 2.777. I think today we had had the first clue to see a move down in the market, the little break below 2941, normaly we should retest tomorrow or even after tomorrow, nothing wrong is the price don't restest the level. Remember Fear&Greed Index is almost newtral, so from my point of view the market is ready to move down. The main scenario is bear market with a first target in 2.777, second in 2.577 and the third in the low of mars 2.187. Remember sell in may and go away. The alternative will be a break above 2.971. Good Trading and Take Care out there.
FX:SPX500Short
by Bluetrader_CSC