A short at 6.24 to 5.67 with the necessary risk management will bring a 9.11% return
after price break the support area , then price pullback, " Wait double top pattern under EMA 50 and confirmation candle (bearish) for SHORT Ideas.. Target Near Support Area at D1.
Maybe it’s a little bit of impatience but I couldn’t resist that inverted hammer rejection. Hopefully take this for a few pips, although price is approaching a strong support so may not get all the way.
For the last couple of months, it looks like price action occurs in a channel for DSS. To be honest i do not expect for price to bounce back from lower line of the channel. It looked like price action form an M pattern on bb which is a bearish sign. Also the real problem is here that there is a sell off in small caps along with broader market. DSS is not a...
Russel small cap 2000 moving upside in a paralell channel and now the price arrived to the Channel upper line at 2300 usd. I think it will go down to previously support/resistance at ~2200. Trade at your own risk. If you like my idea, dont forget to leave a comment, follow, and like.
The market is undoubtedly in a raging up trend, therefore, I usually have many long positions open. Sometimes I will short weak stocks to protect my long exposure. NYSE:F seems like an ideal candidate here after that engulfing candle at resistance. Try to get a good risk to reward entry. Stop loss above $7.45, target near $7.10.
Illumina (ILMN): weekly chart: Resistance zone + 2 Shooting Stars + Inside Bar
Though the pound is undervalued across the board and screaming for a move higher i still believe small range consolidations and retracements are always possible at these lows. This is not investment advice.
$BIDU looking pretty week. Waiting to short the bearish wedge breakdown.
Dark cloud cover candlestick after extended rally and resistance retest
Short $QQQ - Double Top with bearish spinning top
Short $CRSP - Bearish shooting star candle after extended rally and at resistance