Chevron broken H&S neckline, retesting and holding as resistance, look left PT 104 last area of consolidation, also vol profile shelf. Risk to Reward favors a trade risking a daily close above neckline recovery
Double bottom bounce off double fib .382, .618, being supported by 200MA, and squeezed by the 50Ma if it can push through, pt1 $45, pt2 $48, pt3 $54. 10-20-30% move on underlying can get real frisky on options chain. The Risk Reward ratio looks good here imo
Possible classic resistance turned to support, rounding bottom pattern, look left Vol Profile Vacuum could trigger a move to 45
Presight is looking safe at current levels, i think soon it will make a move to the upside. Hit like & follow for regular updates ;)
Possible scenarios 200MA above will act as resistance along with trendline, however if markets continue the "buy the dip" regime were currently in this gets explosive on the road to ATH with pit stops at 207, 217, 237, 275. Interesting inverse H&S showing up while buyers appear to be stepping in (increasing volume)
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Boeing looks like it wants to roll over here. It has been relatively choppy and could take a while, but there is a clear invalidation which makes me like the trade. There are also many clear TPs so it is a short I'm willing to take. It looks heavy.
Hi, everyone👋. 🔹As you know, it is better to start with higher time frames for chart analysis; one of the most important analytical time frames is the weekly time frame. 🔸In order to have a better view of the next week's trend of the DXY index, it is better to analyze the DXY Index chart in the weekly time frame. 🔹One of the analysis methods that can help us is...
Technical Analysis and Outlook: This week's index did not surprise us with the swift rebound (Mean Sup 4110) and continued the reignited rally as specified in a previous couple of weeks of daily chart analysis. The price action is expected to reach our primary destination of the Outer Index Rally at 4230 and possible extension to Outer Index Rally 4285 and Major...
TESLA / 1D Hello traders, welcome back to another market breakdown. TESLA have been holding after a very strong rally, the price has formed a complex AB CD pull-back second entry long for bulls. I'm expecting this pull-back to be over as long we close above 180. Trade safely, Trader Leo.
RECL had given break out of H&S pattern on monthly chart. Monthly chart are to be read as longterm view. Views on RECL are for next 6 month. Recl after giving life time high of 167 on May 2017, had corrected to Rs 60 in march 20. Till October 202 it retraced 0.382 Fibonacci level two times Makig it double top. From Oct 21 till May 22 it retraced to 83,which is ...
Humana Inc - 30d expiry - We look to Buy at 481.11 (stop at 468.38) Price action continued to range between key support & resistance (480 - 515) although we expect a break of this range soon. The primary trend remains bullish. We look to buy dips. Short term momentum is bearish. We look for a temporary move lower. Our profit targets will be 512.88 and...
✨ NEW: 3M...UT (3M, 3D) ✨ POSITION TRADE ✨ BLO1 @ 74.34 BLO2 @ 50.99 (Wealth Trade - I may never let this position go) TP1 @ 112.53 (shave 25% from BLO 1) TP2 @ 175.83 (shave 25% from BLO 1) TP3@ 215.82 (shave 25% from BLO 1) 3M Co. is a technology company that creates industrial, safety, and consumer products. They operate under different segments such as...
TESLA / 1D Hello traders, welcome back to another market breakdown. This is an update on the last idea. The confirmation of the AB CD move comes soon if the bulls can flip the zone showen in the chart. Only then, I'll look to add to my longs. Trade safely, Trader leo.
swing trade take trade when nifty turns bullish swing trade perfect symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
#HPQ on the 4 hour time frame is a probable buy setup. Look for trend continuation setups, manage your risk and take your profits when they are available before they are taken from you! Or hold on for the larger degree bullish move
NSE:NIFTY Possibility 1 (Blue color waves): Nifty is currently in Flat correction ABC. Ongoing phase is wave B, which should end around 18458 and then Wave C should start which takes Nifty back to the level of end of Wave A 18060. Also, it may happen that wave B extends beyond 18458 till 18570-18610 as part of expanded flat correction type ABC. Possibility 2...
I've been bullish and trading natural gas (BOIL EQT RRC) for a while now and recently sold on the last pump to 2.6 I'm reloading now, as I'm looking at a few things technically I like -Price appears to have found support on a flattening 20DMA , and will next watch to see if we start trending up - The low in May was higher than April , and almost forming a...