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ACTG - Downward channel formation long from ACTG looks an interesting long setup. It is running within a downward channel & now at the bottom of the channel formation. It has insider buying & strong money flow divergence. We think it has good upside potential from current level. * Trade Criteria * Date First Found- February 6, 2018 Pattern/Why- Short term Speculative Long Entry Criteria- Current price ($3.50) (Hit February 7, 2018) Exit Criteria- 1st Target $3.96 ; 2nd Target $4.73 Stop Loss Criteria- $3.33 (Updated February 15, 2018) Indicator Notes- Positive Money flow divergence Special Note- Very good valuation ratio (P/B: 0.43, P/C: 1.12) Please check back for Trade updates. (Note: Trade update is little delayed here.)
NASDAQ:ACTGLong
by AcornWealthCorp
EURUSD: reverses at key resistance but uptrend intactThe EURUSD moved higher last week as price rebounded following a decline to 1.2200 area the previous week. Notice the false break of key resistance up near 1.2520 that occurred last Friday, eurusd weakness could continue this week as this is a formidable resistance level having given rise to a pin bar reversal a few weeks back. However, eurusd uptrend is still intact and so we are continuing to view any downward pullbacks as potential buying opportunities near support. We will look to be a buyer at or near 1.2200 near-term support or possibly the 21 day ema (blue level) following a clear 4-hour or daily eurusd
by PkTk13
1
Bitcoin: BTCUSD Next Sunday Trading Buy and Sell PointsBitcoin Update Next Buy/Sell Points Coinbase Last Long Shot here but be ready to Reverse if signal is given 10:41 am GMT: Retest of neck line and OK whilst above 8700 - can buy dips back to 8720 with stops below 8700 on GDAX 10:48am GMT: Coming back now and still within the paralells - buy as low as possible to 8720 for small loss if wrong here...with stop under 8700 - but be ready to reverse short if 8700 gives way for 8300-8100 - with stop above 8750 10:50am GMT: The alternative is to wait until the little parallels controlling this downwave are broken on upside, not spiked, broken and then survives retest from above once broken. One higher risk, this one less so - 8720 now so small risk on stop. For further details please see top left of sumastardon page, above
COINBASE:BTCUSDLong
by sumastardon
Bitcoin: BTCUSD Breakout with minimum upside target at 14234Bitcoin Coinbase Feed Break Out with upside target at 14234 Very remiss - left the post yet again to attend to 'other' feed. (If you are a serious aficionado of Bitcoin and want pretty much round the clock updates please check for details at top left of sumastardon page.) We did buy again at 13417, right on the line, if anyone would like to check and then finally a decent pattern emerged - yet another beautiful reverse head and shoulders pattern - not so well defined on Coinbase but perfect on Bitstamp, (next chart upload) and with a minimum upside measurement implication at 14234 on Bitstamp. Look to buy this dip now as close to 13600 on Coinbase and get long to the target with a stop about 200 lower. Bitcoin Early Sunday Comment and Update After two bad trades losing 50 to 100 points apiece, Bitcoin turned negative again on a break below 13900 and triggered a short back to '13600 minimum and more likely back to 13400-13300 range before looking to buy once more, conditions permitting and showing some support/fight emerging at these levels if struck at any point overnight.' So after a disastrous long from close to the lows and another higher up, both of which lost 50-100 points apiece, the short came good with a 500-600 point win. Not at all what was intended as the day began - but we follow the chart and act on the signals it gives us and that was the result of following the chart overnight on Saturday. Despite spiking lower than this price action this morning has stabilised around the 13300 level and will have encouraged some to get long again - if so raise stop high underneath it as it's likely to come off again from around 13600 on Coinbase and just 50 points higer at max on Bitstamp...close out the long here and will look to buy back lower again on the next dip... Update Bitcoin Coming up to the next sell point here...one last blast down from 13417 most likely if very weak and from 13573 highest on Coinbase - this next decline is likely to be the last so will be looking to get long again soon most probably...
COINBASE:BTCUSDLong
by sumastardon
2
ETHUSD Reverse head and shoulders - breakout approaching ETHUSD Over tthe last 24 hours or so ETH has, like Bitcoin itself, made a reverse head and shoulders formation with a neckine at 690 and a minimum upside target at 886. Can buy on that breakout which should lead to a rally to 721 where it can come off again back to the neckline at 690 which must then hold up on the retest if we see one. Then once 722 is breached it should push higher to the target at 886 - however the old high at 862 may well prove a better point here. But in near term, until ETH can find the buyers to make this break it remains vulnerable to sellers
BITFINEX:ETHUSD
by sumastardon
1
IOTA: IOTUSD Downtrend BrokenIOTA IOTUSD The rally yesterday fizzled out from the upper parallel of a newly forming continuation pattern. Using a trailing stop under the day's little dynamic that had underpinned the rally from inception at least meant escaping the worst of the ensuing decline by triggering an exit at around 4500 but it was a poor call nonetheless. If you reversed short on the break below 4361 there is at least a 180 or so point profit still to be had, but so far it has not reached the expected downside target. It's trying to flip back up here but is still being held back by the upper parallel that controls the wave. Still vulnerable whilst unable to break and hold above this parallel. Suggest using a sliding stop above this parallel for shorts. If broken to upside look to close down and reverse for small 100 or so profit -
BITFINEX:IOTUSD
by sumastardon
2