Potential reversal setup forming in LAZR. We have a small bull flag within a larger bear flag, so I still feel that it will break to the downside, unless we keep getting heavy inflows into tech. Volume looks really good, with lower volume on red days and higher volume on green days. 20 day avg. volume is also increasing. With a bounce on the lower orange...
Hello everyone Hope everyone is having a good one on the charts this week MORE MONEY LESS GREED, here's a look at USD/CAD from the monthly perspective to determine some the direction ideas in the coming weeks, looking from the monthly char the pair has respected an arc formation which saw a breakout of this structure and a retest pushed down to support level...
Sundial growers has been getting a lot of volume these past two months, even having a day where it achieved 2billion volume . This resulted in a golden cross, which will result in a bull run for sundial. After breaking out twice, and finding support after each break out. Sundial has extremely high potential to repeat this pattern and beat the previous break out...
his was sent to our premium members: "Sentiment came in today at 19% as stocks closed pretty well from the morning plunge. Still this is a viral move down and the highs are in. Furthermore, there is an esoteric indicant which I discovered in my forty years of research which I call a Black Hole. It produces severe declines in a very short time. It looks a bit like...
Morning Notes: 05/10/19 Trading Environment-Short Term: Current Environment-Neutral/Bearish Hi Everyone, Futures are under some selling pressure this morning, but well off the lows we made yesterday. The bulls are trying to form some bullish divergences and I would stick with a hold rec here. The 2942 short was a great entry and let's just manage that...
Morning Notes: 05/10/19 Trading Environment-Short Term: Current Environment-Neutral/Bearish Hi Everyone, Futures are under some selling pressure this morning, but well off the lows we made yesterday. The bulls are trying to form some bullish divergences and I would stick with a hold rec here. The 2942 short was a great entry and let's just manage that...
I have spent quite some time talking about the "kill zone" and there is a reason. This date was identified by legendary market timer Woody Dorsey, who happens to be my partner. Why is it important? Because the last one that was identified was in September 2018 and it took the markets 2 weeks of grinder higher and every dip being bid back up before it finally hit....
Morning Notes 05/07/19 Gary Dean Trading Environment-Short Term: Current Environment-Neutral/Bearish Hi Everyone, The 2942 short entry is still solid with some downside targets already hit. Manage trades with stop and if we continue lower, 2860 bull/bear line should be a magnet. Futures are under some selling pressure this morning and the range is...
Morning Notes: 05/06/19 Trading Environment-Short Term: Current Environment-Neutral/Bearish If you like our post and would like to continue seeing them, please help us grow our network-Thanks You!! 1.) like our post with a thumbs up (each post) 2.) follow us-you will be alerted via email with each post we enter 3.) leave a comment (It could be as simple as...
Morning Notes: 05/03/19 Trading Environment-Short Term: Current Environment-Neutral/Bearish If you like our post and would like to continue seeing them, please help us grow our network-Thanks You!! 1.) like our post with a thumbs up (each post) 2.) follow us-you will be alerted via email with each post we enter 3.) leave a comment (It could be as simple as...
Morning Notes: 05/02/19 Trading Environment-Short Term: Current Environment-Neutral/Bearish If you like our post and would like to continue seeing them, please help us grow our network-Thanks You!! 1.) like our post with a thumbs up (each post) 2.) follow us-you will be alerted via email with each post we enter 3.) leave a comment (It could be as simple as...
HYRE channel 2.58 - 4.34 in play above 2.79 - Ranged resistance should start acting as support now above 2.58 - 2.79 range - With a close above this 2.79 we should see bullish continuation towards top of channel at 4.34 - We have a stronger mid range resistance at 3.72 that will need to be observed as it attempts to cross
Popular momo runner setting a hammer-ish candle at the .707 retracement of its lifespan and also setting at the 20sma. Worth a watch for you low risk trade atm assuming no overnight gaps.
EURCAD has given us confirmation that price is now headed to the downside. Wait for the breakout before entering short. First target is near the 1.51700 area.
Looks awesome because the big gap, i love the previous trend bearish, looks like a revival pattern