Bias: Gap up over yesterday with room up to ~408. Support at 402. Top Watches: Long - RUM, SJR, AI, CSCO, MSFT. Short - GNRC Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live! Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
What we can see on the chart is a falling wedge pattern. The price is still moving inside the pattern, once it breaks above the trendline it can be a good momentum to enter long. Do not forget to put the stop loss under the wedge . Possible target area is shown on the chart.
What we can see on the chart is a rising wedge pattern. The price did not break out of the pattern yet. We are expecting that the price will break down and continue the previous downtrend. The stochastic shows us that the price is overbought but it is not pointing downwards yet. How to trade: Enter the short position only if/when the price breaks down out of...
On the hourly chart, SPX shows sideway trend divergence and is approaching the central region, indicating a bearish direction for today.
Cycle from 3.13.2023 low in Netflix (NFLX) is in progress as a 5 waves Elliott Wave impulse. Up from 3.13.2023 low, wave 1 ended at 316.6 and pullback in wave 2 ended at 293.21. As the 45 minutes chart below shows, internal of wave 2 unfolded as a double three structure. Down from wave 1, wave ((w)) ended at 296, wave ((x)) ended at 307.92, and wave ((y)) lower...
The US economy displayed signs of a slowdown, as quarterly GDP readings and initial jobless claims were at 2.6% and 198,000 respectively, both underperforming against Mitrade's estimates. USD/CAD fell 35 pips to 1.3520, and USD/JPY slid 19 pips to 132.65. Meanwhile, German monthly inflation is just higher than its forecast at 0.8%, with EUR/USD climbing 59 pips...
We've got rising wedges on everything. That's bearish, incase you didn't know.
PayPal - 30d expiry - We look to Buy at 69.11 (stop at 65.31) Levels below 69 continue to attract buyers. 67.58 has been pivotal. 66.39 has been pivotal. Early pessimism is likely to lead to losses although extended attempts lower are expected to fail. We look to buy dips. This stock has seen good sales growth. Our profit targets will be 78.51 and 80.51...
Clear 5 wave down on the weekly with rsi bull divergence confirming the completion of the first cycel/leg down. Current structure suggests we are in either a new bullish trend or possible ABC correction that should take us up to test 4400-4500. As more structure develops we will have a better idea of if we are in a sharp correction or start of a new leg up to put...
Are you on the lookout for a solid investment opportunity in the current market? Look no further than Zoom Video Communications! Although media reports or rumours about a significant change in a company’s business prospects usually cause its stock to trend and lead to an immediate price change, certain fundamental factors always drive the buy-and-hold...
With J&J one shot, no special refrigerator necessities, re-open trade; I'm longing here. GL~
Excuse my absolutely HORRIBLE art skills😄 $VIX USUALLY stays close to a "bottom" for few days Kind of an exception = yellow We're closing in to lower end of the symmetrical triangle #VIX tends to bounce there $SPX has had issues in this area, it does look better than before Weekly volume on $SPX, see that? #stocks
Looking for a swing here on HUBC for next week. This pink sheet comes in down big, there are some GD alerts on the 4-hr down but nothing on the Daily timeframe as of 3/30 Very Risky
Bias: Gap up over resistance, not super extended, lots of room to run higher Top Watches: Long - MSFT, NFLX, RIOT, AMZN, ROKU. Short - TRMD Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live! Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
Risk on is back and SPX will be climbing in my view
HDFC life stock make a decending Triangle pattern in uptrend (major trend down). You can add this stock in your swing stock watchlist. if stock breakout the pattern then for long if breakdown the lvel then for short Always do your own analysis first.......
ACH not a well-known token at the moment, but it has seen some crazy price action since January. As seen on the chart, this token has followed the dotted purple trendline all this time, and bounced 4 times from it. I'd wager we're going to bounce yet again. Targets in blue.
INTC has broken out of a nice range, BO playbook setup can be used. Lets see if stocks will treat us to at least double our risk.