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AMZN Long (obviously)Price contracting nicely, respecting my levels so far. I bought in slightly early, but with a stop-loss tucked under the wedge nicely. I believe that with the national lockdowns more people will shop online, thus Amazon will pop to the upside. This ties in with Amazons continued growth, and respects the previous trend and chart pattern. All confluences to confirm my belief. The first target would be the top of the wedge $3500 - which is also a nice psychological level and a 5:1 risk reward ratio. I will be holding this position for a long time however, several years. Managing my SL accordingly
NASDAQ:AMZNLong
by MSI_JAL26
APPLE INC : BEARISH CYPHER PATTERN - POTENTIAL R/R 1.5% 🔔Welcome back Traders, Investors and Community! Analysis of #APPLE INC If you have found this useful then help us support my page by hitting the LIKE button. If you are not subscribed yet then please feel free to follow my page for daily updates and ideas. Thank you It means a lot to us! *** Strategy: Bearish cypher With Volume studio, potential Max R/R 1.5% A clear chart is Always the best business card for a trader. *** Your support and feedback will always welcome Thank you for your time. The information contained herein is not intended to be a source of advice or credit analysis Regards, Walter
NASDAQ:AAPLShort
by FOREXN1
3
Potential LONG Position EGRSMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY SMP Strategy Market Direction: Long Position Chart time frame - Daily Timeframe - 1-7 days A – Activating Event Market will meet support in zone @ current levels - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market will move towards the first Target 1 level @ 0.210 C - Fundamentals that may affect the pair N/A D - Trade Management Entered @ ..... Stop Loss @ ..... Trailing Stop Loss@..... Target 1 @ 0.210 Target 2 @ .... Risk/Reward @ 1.2.5 Happy trading :) Follow your Trading plan, Remain disciplined and Keep learning !! Please Follow, Like,Comment & Follow :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
ASX:EGRLong
by SMPTrader
Time to go long on Eurasia Mining Company PLC.Now is a great opportunity to enter a long position into EURASIA MINING COMPANY PLC (EUA). I have been in this company since January at 3p per share with an average share price of 18p per share. I see nothing now but a green light to really ramp up on my long positions. The company is currently under negotiations in a possible buy out with suspicions of a bid per share of 75p being declined. The deal is suspected to be in the final stages. Level 2 data suggests that the current price action and volume is ahead of a possible news announcement or leak with over 1,689,984 shares exchanged in the last hour of trading.
LSE:EUALong
by KraaZ_