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$BTC Short 4hr TF Fibonacci, Supports & ResistancesQuick Bitcoin short after a failed backtest of ~$54,000 support turned resistance. MACD divergence and declining W%R from overbought were confirming indicators to take the trade. A break of support of the ascending channel led me to believe that continuation of to the next support level was impending. That level was the ~$46,000 3.618 fibonacci extension from ~$10,000. A bounce off of that support led me to take profit and ladder my exit at ~46,500. >16% ROI without leverage. Check out my other published ideas and trades I took.
BITFINEX:BTCUSDShort
by Sethonomics
Stocks Waiting on PowellStocks really took a dive today. It seems the S&P is fearful of what Fed Chair Powell may have to say today. Recall that part of the reason that stocks are selling off is that due to increased bond yields, investors are fearful of higher interest rates, which would dampen the easy money party that stocks have been enjoying for years. We are at a support level right now of 3847, which has further support from the intersection of a trend line and the psychological level of 3850. It is highly likely we will see a bit of support here, and it looks like we are catching a meager bounce at least. The Kovach OBV is bearish, and the Chande is turning over so both indicators are not looking too hot for stocks right now. If we break down further, watch 3825, and if we are able to break out, we will find resistance at 3887.
FX:SPX500
by quantguy
IMPORTANT day for CTRM Castor Maritime has to close above 1$Important day!! 10/10 days that we have to close above 1$ to keep it at NasDaq. But...! Only buy at the end of the day to let it run to our target. The closure above 1.00$ is the most important. What happens throughout the day is unimportant in my opinion! I have taken a close look at this company. In my view, the rise will continue uninterrupted unless the entire market has a dip day that pulls CTRM down with it, but that is a healthy correction. The company continues to purchase ships, which will be very good for their revenue stream in the long run. However, the earnings that are released on 3/3 may disappoint somewhat, because of the purchases the cash may be lower or the debt may be higher. Depending on how they bought it. There is enough cash, but long-term loans are also possible to finance these purchases. I am very positive about CTRM so i will keep them for the long run. From 1 dollar a lot is possible in a positive way. For example, look at the increase in Fuel Cell stock (FCEL), 1000% within 6 months. I see something like this possible with CTRM.
NASDAQ:CTRMLong
by Amsterdamn
22
Update on NIO, a new low for the flag patternTwo weeks ago, we made a post about the current situation on NIO where we were observing a clear corrective structure. - The situation we are currently in, stills the same; however, the sideways movement we were observing made a new low, and we need to recalculate the structure - Our Previous entry-level was not executed (that's the main reason why it is so important to always trade above B as a breakout trader) - Now, we will keep working with the previous entry-level, and we will set our stop below the new low "C." - The Risk-Reward ratio we have with this new setup is around 1.6 -Conclusion: The setup stills active, and we need to pay attention to new lows. We will not develop any setup here if the risk-reward ratio towards the Final target is less than 1.5
NYSE:NIOLong
by ThinkingAntsOk
5
Can AGCO rise another 3%At Friday's opening, AGCO rose significantly. By the close of the first two hour bar that morning, 4 of my trading algorithms signaled BUY. Normally such quick movement would trigger a SELL. After studying this event and the algorithms, it looks like squeezing a few more percent out of this rise is possible. The rarest of my triggers is the Precise signal but it has the strongest accuracy rate of all my algorithms. When all 4 of these trigger a BUY at the same time, the stock has always risen. The smallest rise when all 4 trigger is 0.796% and that occurred on the very next bar. The stock then dropped 4% afterward. The average and median gain from this point are above 3.2% from the closing price causing the BUY signal. Most of the time, the stock briefly drops 0.7% before completing its 3% gain. The typical period of this delay in upward price movement is likely over and the stock did not drop the full 0.7%. So the question is where does it go from here? In the short-term, it should climb above $128 which is still a significant move. I have plotted all of the models on this chart to include the bounce down and their target tops. Let me know what you think
NYSE:AGCOLong
by StockSignaler
Understanding the different levels of PGToday, we will use the Daily chart to understand Bullish and Bearish directions on this stock a) Currently, the price is on a Key Support/Resistance zone, and we can expect a bounce or a breakout b) If we have a breakout of the current level, the next level we can find support is 112 - 110 c) If the price bounces on the support zone, we have 3 levels to pay attention to and a final target on 170 d) In case we have a bearish breakout, we will wait for the price to reach the next support zone before developing new setups. e) In case we have a bounce on the current level, we will wait for a bullish breakout of the current flag pattern, and we will use the green line as the activation level. Final target on 170 / Stop loss below the Flag Pattern Thanks for reading!
NYSE:PG
by ThinkingAntsOk
2
Stocks Face Volatility Near HighsStocks continue to see volatility at highs. We had a nice burst of bear momentum yesterday as the markets were pretty risk off. We have gotten support from 3887, and this seems to hold. Broadly, the S&P is likely to hold the rather large range between 3887 and 3963. We are at 3909 right now, which is broadly in the middle of this range. It could go either way. The Kovach OBV is on the uptrend, after registering the bear momentum. However, we are at the upper bound of the KRI, and near a significant level, so we may retrace back down to 3910
FX:SPX500
by quantguy
1
KO Set To Move Up Before DownI am back to conducting full studies based on all my algorithms. At the close yesterday, KO signaled Sell on my Precise Signal. This is great news as this algorithm is highly accurate and finding price reversals. Particularly, this has found reversal points on 10 of 11 occasions specific to the Daily chart for KO and the determination of a SELL point. I have the full analysis and explanation of all the target price points on my site as usual. I see it moving up over the next 2 to 4 days as displayed and then down over the next few weeks. I am looking for around a 6% drop from the top which is likely close to 51.00. Let me know what you think.
NYSE:KOShort
by StockSignaler
3
Expecting a 15% movement on BLK Today, we will share a bullish perspective we have on Black Rock - The main structure we are observing is an ascending channel - Inside the ascending channel, we can see a flag pattern above a support zone - We saw a breakout of the Flag pattern and a secondary corrective structure above it - Now, we are waiting for a breakout above the green line to confirm the expected movement - If that happens, we will trade towards the higher trendline of the ascending channel - Our Stop loss will be located below the support zone - The resolution of this setup can last 30 to 45 days - The risk we will take is 1% of our Capital - The risk-reward ratio we are looking for is 1.5 Thanks for reading!
NYSE:BLKLong
by ThinkingAntsOk
6
S&P 500 Retracement??The S&P is bouncing around between lower levels below highs. Currently 3910 is providing support, but may be forming the neckline of a head and shoulders. Stocks are looking very weak right now. The Kovach OBV is a bit oscillatory, but is broadly flat. The Chande is in the middle which suggests we may be looking at a further retracement. The first level of support would be 3887. This has provided support in the past. The next level would be 3867, which seems to align with a Fibonacci level. If we are wrong, we will know at open. We could easily retrace to 3937, or even back to highs at 3962.
FX:SPX500
by quantguy
1
SESN to $5 or more by August. I like the stock.On the verge of FDA approval for a new product, multiple analysts recently adjusting price targets to $6 plus. In a market full of mania, a stock with good fundamentals may get overhyped especially about something as legitimate as FDA approval. Who's not talking about SESN and ENZC right now??? If FDA approval falls through both stocks will suffer a lot, so be careful here and watch for the breakout off support lines before going hard. The trend is your friend unil the end. Look for confirmations of your (or my) predictions, thats what TA is all about. Hit me with a like, follow this chart, tell me your thoughts and give me a follow. If you haven't upgraded yout TV account, use my link to upgrade. Cheers, traders!!
SLong
by RickSmash
5
Stocks Feel the Yield Rally! When to Buy Back??Yesterday, bond prices collapsed and stocks felt the bond fervor as investors clamoured onto higher yields for the first time in over a year. The S&P retraced from highs, but is still clinging to support at the next peg down from highs, between 3936 and 3927. We do appear to see an inverse head and shoulders pattern forming with the headline at 3937. Watch for a breakout from here at open, which would make a run back to highs at 3963. It is doubtful we will break this level today, but if we do 3970 is the next target. If we break down, which may be the case as the S&P looks like it is having trouble completing the second shoulder of the inverse H&S, 3908 and 3887 will provide support
FX:SPX500Long
by quantguy
Another clear corrective structure on TSLAToday, we will speak about the current structure we can see on TSLA . - Corrective Patterns tell us about the accumulation and distribution process. That creates sideways movements which form this Zig-Zag / Triangles / Irregular patterns - Breakout trading is about waiting for the breakout of a formation. We consider that the accumulation and distribution process is finished when a candlestick breaks above a key level (like the entry zones we have). Once that happens, we set our stop loss below the previous structure, which represents a demand level - The idea with this type of setup is to look for Risk/Reward ratios above 1.5 - In general terms, we can say that the Win rate of this type of structures is about 50% / Remember that the key here is the risk-reward ratio - Conclusion: This is a setup we will take, using 1% of the capital (RISK MANAGEMENT IS KEY). Entry / Stop / Take Profit are the ones you see in the chart. We will use the first fibo extension for break-even Thanks for reading!
NASDAQ:TSLALong
by ThinkingAntsOk
4
S&P 500 to 4000!!!The S&P has hit our price target exactly. We had identified 3963 as a potential target using our Fibonacci Extensions several days ago. Currently stocks are ranging, feeling out the new price territory. It could go either way from here. We could see another retracement, which would take us down to 3937, 3928 or 3909 at the most. These would be good opportunities to buy back. If we breakout, the next target its fairly close at 3978. The next level after that is 4009.
FX:SPX500Long
by quantguy
BB Fundamentals and TechnicalsDon't see this as a "meme stock" right now and think it's got some great news under it, such as: +Partnership with IBM +Amazon AWS and BlackBerry Partner for NEw Intelligent Vehicle Data Platform +BlackBerry QNX used in Motiuonal Driverless Platform (Hyundai, Aptiv) +Facebook settlement to be announced +Partner with Baidu to work on a New Autonomous Driving Technology +Achieved National Security Agency (NSA) Approval for BlackBerry UEM +Sold 90 key smartphone patents to Huawei +Recieved Eleven "Employer of Choice' and "Best Place to Work" Awards As far as technicals go, I think the odds of a pivot in trend right now are very high. Recently after these "meme stocks" have their initial pop or begin their pop, they like to pop again at the lowest Gann fan line (support), which is known as the 8/1. I have a great example of this in one of my recent posts on SNDL, go check it out if you're interested. The 4/1 line will act as a key resistance at the start of this pivot, any buy-in before this resistance is tested should be good and neither premature nor too late. I don't like to set a solid price target in my analysis, but with the assumption that exponential growth occurs when higher highs are made, the 2/1 would serve as strong resistance for a top.
NYSE:BBLong
by ArticaAnalytica
Breakout Imminent in Stocks!!!Stocks are consolidating into a triangle corrective wave. This is a perfect consolidation pattern an suggests a breakout is imminent. We are bullish of stocks and anticipating a bullish breakout at open which will take us back to 3928. From there we will likely meet resistance and consolidate further perhaps in a bull wedge before breaking out to higher highs. If we are wrong, we will find support at 3882 or 3871. The Kovach OBV is very strong and the Kovach Chande is neutral which is a perfect storm for a breakout.
FX:SPX500Long
by quantguy
Stocks Reject All Time Highs!! What's Next??We called out resistance at new highs with stocks for many reasons. The higher highs were increasingly less pronounced, momentum was sluggish and the Kovach Chande was gradually tapering. That and being at or near ATH's would take some momentum to break through. We were spot on with this analysis. The S&P tried to break new all time highs, and did so for a split second before completely and utterly rejecting them, diving to support exactly at the levels we identified. It sliced through 3898 to finally find support at 3882, which would have been a great level to buy back, and some readers did take advantage. Currently we seem to have gained some momentum from the bounce off 3882. The Kovach OBV has turned positive again, and the Chande has swung up. This however suggests that we are back to overbought territory and are due for a rejection of highs at 3928 or 3937. If we are able to break highs again, which will likely happen next week 3963 is the target.
FX:SPX500
by quantguy