VZ low risk swing tradeNYSE:VZ Verizon spiked down this morning to a 50% level. It is worth a small risk trade to play back up the dividend catalyst dip from last week.
Spike-trading
DRE triple top plus double topHave not seen a trade I liked in too many weeks but this morning NYSE:DRE setup a 30m timeframe triple top at 43.07. This also matches closely with the stock's ATH back in November. It is worth a swing trade short shares setup. Unfortunately options liquidity is scarce.
HIVE/USDT Update: All targets are fully reached >450%HIVE just spiked and did reach our last target set at 450% from our entry.
So enjoy and and have fun.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
ATM/USDT Update: Fully reached our >100% TargetATM had a good month and reached our target.
Since ATM is out of champions league I guess we go down within the shortterm.
That's why the re-entry box is that far down.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
PSG/USDT Update: Fully reached our > 100% TargetPSG had a great run mainly because of its champions league victory.
I guess it stays that way that in case of a win we go up and in case of a loss we go down.
A bit like casino.^^
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
ASR/USDT Update: Fully reached our >100% TargetASR spiked as expected (a bit higher than expected) and is currently consolidating above previous resistance.
If this previous resistance turns into support one can see this as a good re-entry as shown by the box.
Keep in mind that this trading pair is very illiquid and likes to spike and drop.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
Buying Tesla at the bottom of the rangePicked up some NASDAQ:TSLA this morning on an opening spike down.
Picked up CDAYCaught a long at 10:00am off a spike in NYSE:CDAY . I like the long term retracement level it is holding and the lows that confirm it.
Added to LLYI am a long term investor in LLY for many years along with a swing trade turned into a long term hold from back in November. Today there was a nice pullback from the post-Earnings retracement for an addition.
Short term Short CFTook a half risk short position on CF this morning at a retracement level. As of writing it's hanging out above entry,
Post-earnings spike CEPicked up with a Limit around 1pm on CE off the post-earnings spike this morning.
ETHBTC SpikeYesterday BITFINEX:ETHBTC spiked out on the swing timeframes. So far it has held the key level of 0.04 but this could have been the key point of inflection.
Earnings spike: SLBThe volatile spike on earnings at a key retracement level on NYSE:SLB triggered a long setup to retest the high.
Nasdaq SpikeToday has been quite the interesting day with all of the Short Squeeze hypes playing out. The price action on the NASDAQ:QQQ did an attempt to break the ATH but at the moment seems to have been rejected on a volatile spike bar. It is worth taking a trade to play this short.
Short AMECan't see it on the Tradingview data but this morning NYSE:AME spiked out on the morning open for a short opportunity. The pattern also happens to match with an Ichimoku cloud pullback.
Worth a shot at these lows: ETHUSDA friend using one of my indicators clued me in on a 5m setup on BITSTAMP:ETHUSD . I cautioned him that right now is not a "your chance to YOLO double your money" territority... that was last year. Now is a "low risk"/"low leverage" time in the cycle. That being said it is worth a low risk play at this dip.
EL for the BeckyI got a signal yesterday on NYSE:EL which is a stock I've been looking to buy on a pullback for the $becky index. For those that don't know the $becky is a meme portfolio of "things white women buy." It's basically consumer products AKA consumer discretionary. I'm looking to play EL to about 259 and then a retest of the high and beyond
Rejection of the Triangle bottomIt looks like Bitcoin has rejected the bottom of the triangle formation I've talked about in recent ideas and videos. This rejection also coincided with a volatile spike bar signal.
It's a disaster: SRPTThe market teaches traders lessons every day... often times reinforcing them to seasoned traders like myself. I happened to have been in but was out of NASDAQ:SRPT before this disaster today. It's a reminder why you MUST take profits even if sometimes you feel the FOMO after you do...
