Get started

Squeeze

ICX In A PinchICON appears to be in a similar situation that we just saw Ripple in before it broke out sharply (and then bounced back down just as hard). Huge bullish divergence in all the right places. If you check the 15m and 30m charts, where alt coins tend to be more responsive than the big players, the divergence persists and we can see a very smooth and gradual rising of the lows on the MACD that appear to be consolidating to zero towards the apex of this squeeze. Could signify longer-term long positions. After the way XRP played me last night, I'm weary of taking on a new long-term girlfriend, so I will be proceeding one candle at a time here. Wait for the breakout! Set stops accordingly! Cheers! -B *This is not advice to trade. If you would like to take everything I just wrote in this post and create an abstract message from it where I'm subliminally encouraging you to be a better version of you and to love everyone around you, then by all means, take this advice. But don't trade just because I said so.
Long
by befunkt
1
Po.et POE BTC Forecast - SqueezePOE chart looks like its about to squeeze. Current support in combination with trend line stands at 824 and if that fails 800 fib support comes into play. Lower support stands at 600 which could be achieved if BTC bleeds closer to $9,000. I suggest traders to wait 824 to test before jumping in. 1st Target 940 (14%) Not featured in chart 2nd Target 1,050 (27%) 3rd Target 1,150 (40%) CEO news will definitely fuel hype and give POE the much awaited pump. With the right volume all three targets should be achieved. This is not an investment advice, always do your own research.
PLong
by itradearn
2
Trade Idea Of The Week In KTOS!Please note that I am a swing trader. When I enter a position I am looking to hold anywhere from 1 day to 3 months depending on the momentum, but the average is around 7 market days for my hold time. I think it is important to know how we're looking to trade this as different strategies will provide different results even on the same stocks. Here are some quick bullet points on why I like this stock for this week: -The aerospace and defense sector is looking extremely strong right now (although somewhat extended like the rest of the market) -The monthly, weekly, and daily charts all look coiled and ready to go higher -Price looks to be firing out of a squeeze at longterm support -Volume is picking up nicely Remember to always trade within your system and trade what you see, not what you hear, feel, or fear. Best of luck!
NASDAQ:KTOSLong
by StrengthTrading
Trade Idea of The Week In COT!First off, please note that I am a swing trader. When I enter a position I am looking to hold anywhere from 1 day to 3 months depending on the momentum, but the average is around 7 market days for my hold time. Here are some quick bullet points on why I like this stock for this week: -This sector (food and beverage) as a whole looks coiled and ready to go -The weekly chart on COT is also looking strong in an upward trend and it is pulled back to the moving average. -The price is beginning to move higher out of a squeeze which can make for some explosive moves higher We believe in trading with the overall trend and the sector strength at our backs. This stock is a perfect example of a high probability setup that we are looking for! Lets see what happens this week!
CLong
by StrengthTrading
11
Swing Trade Idea in PHM!We really like to keep our charts simple and momentum in price action is the most important thing to us. One of my favorite setups is a squeeze because it allows me to get into a stock or option before the large move has been made. This is obviously really nice when you trade with options because of the greeks and implied volatility starts working for you. Here is some brief bullet points on why we like this setup: - This stock has consolidated back to the 21 day moving average after a very bullish move. - The price is in a squeeze and is starting to fire out of that squeeze to the upside - There was good volume on the move higher today My strategy is based on swing trading stocks and options. My hold time averages around 8 days, but can go as long as 3 months depending on momentum and price action. Please make sure to have an exit strategy in place at all times no matter how good a setup looks...anything can happen!
NYSE:PHMLong
by StrengthTrading
BTC prediction for next 4-6 weeksReadjusting Bitcoin's lifetime dynamic support for the dips in Sept., Dec., and this recent January dip....it's plausible we are actually still in a consolidation period that could be drawn out for the next 4-6 weeks before a major decision point must be reached. This newfound stability and consolidation makes sense given the broader exposure of BTC and the addition of multiple futures markets. After this period BTC's price action will move up or down, which is anyone's guess, but the move will be drastic and than is for sure!
BITMEX:BTCUSD.PLong
by WarDaddy