$HD bearish continuation? $HD slowly plunges since the beginning of this year. not much negatives news besides the overall supply chain issues and inflations. but the most reason why it took a dive is the short sellers.
there's been high percentage of short seller since the beginning of this year making $HD to a bearish mode until now. but the percentage of short seller starts to fade about 21% since march. but we still don't know
how many institution finish their shorts positions. In my opinion this is a good buying opportunity for long since its sitting in support line at 299.00 after its long rally.
HD average move per day is $5.00-7.00 per day.
Below is my ideal entry for day trading or scalp play.
HD: Day trade or scalp target play: 04/19/22
Buy call above 303.36 sell at 305.20 or above.
Buy puts below 297.19 sell at 295.17 or below.
option open interest: ideal expiration date: 5/20/22 6/17/22 8/19/22
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
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My technical analysis is not to be regarded as investment advice. but for general informational proposes onlY
TERM
MULTI YEAR BREAKOUT, BIG TARGETNSE:ONMOBILE
Stock is consolidating below 160 from last 11 years.
if it breakout above 165 in WEEKLY TIMEFRAME ,
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then ENTRY can be taken at 172 for a big target of 300 ,
CHART PATTERN - LONG CONSOLIDATION , ROUNDING BOTTOM , MULTI YEAR BREAKOUT
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this is not a trading advice, only for an educational purpose.
30k bitcoin possible if the bear flag pattern will accure.BTC went down last time a lot but the BTC is forming bear flag pattern on daily chart and i am also seeing a lot of bearish signs like the BTC should bounce from 37k support strong if we would be bullish but the bounce was very weak and we almost break out from triangle pattern to the downside. If the btc will fall i would say it will stop at 30k (as it touched year ago). OF course i am not saying that we should buy shorts now but the signs are very bearish. I would say the next month can be pretty bearish but it is only my opinion. If you have other suggestions type on coment.
Long for ICP after a long compressionSince the initial public launch, This coin has gone through severe compression. As you can see in the chart, the Price action had shaped a wedge from Jan 22 till March 22. Moreover, the price area of 14.5$ _ 15.5$ has proved to be an unfailing and trustworthy foundation.
Plus if you consider the price chart with RSI simultaneously in Daily timeframe, you'll see a perfect Divergence. What made me more excited about this setup was another divergence of Price and RSI in WEEKLY timeframe.
Although There are no certainty in financial markets analysis, which by the way this one is no exception, I find this coin and this setup highly rewardable and although I have defined the 14.5$ as the bottom line and SL price, but I would recommend to those who are tolerant and also thrilled with experiencing real risks (who will see tremendous Profits in their lives) to stick to their position and Add to it on 11$ and 6 $ and wait for it to get to 52$ and 70$.
Doge on a bull RunShould reach 1$ this year onto 2023, the support been holding for awhile now and very strong. Seemed bulls wants to push up and to begin the rally.
0.3500 area need to break to begin the cycle for the bulls get to recent highs at 0.700 area once that breaks then we will see a killing breakout for the bulls.
2022-2023 target is 0.900 then 1$.
Buy Doge in coinbase as well.
When youtubers talk about higher and higher, I scream ALERT 🚨🚨Hello everyone,
I believe less and less in technical analysis ...
After spending more than a year staring at charts and drawing lines, I realized that the stock market has an alternative to my moves every time.
We can say that we have a correction, a flag that is responsible for the continuation of declines.
On the other hand, we have higher and higher lows and lows, which says about the trend reversal, and of course a lot of analysts claiming that there will be no more declines.
What to believe? I believe that BITCOIN will be cheap at 28k-30k and then it will be time to buy or enter futures in the long-term.
I wouldn't be surprised if the price was pushed by a wick even at 24k.
I sit with SHORT and wait for the Youtuber money to fall into my hands: D
I must warn you about the descent because this is my vision for the near future. Don't be fooled by temptation!
The plan to delete us is very simple: D Let's show them that it's growing, and they'll wake up in the morning with nothing.
Remember that I may be wrong, but the truth is, this is a fight with the player on the other side of the monitor.
Comment and like,
Regards
#buydips
Which candlestick color do you paint your XAU Easter Eggs?Looking for a BUY! in a short-term dip! YeeHa.
Looks like an upward wedge and a possible little buy-the-dip! if it breaks lower before continuing the trend upward.
Profits may be taken before the holiday weekend. Also looking for volatility on lessening volume.
BTC/USDT Price have broken above recent structure of resistance ( around 40,600 & 40,500) & heading for the next zone. Possible outcome, bitcoin will try to reach 42, 000 point & by that point we should be looking to short the market to test the violated zone around 40,500 & 40,600.when the market move in this pattern we should be looking to short the market around the violated zone.
GOOD INVESTMENT OPPORTUNITY
Price has formed a Demand in Higher Timeframe, Post reacting to the Higher Demand we have Price again forming new Highs and a Freshly formed Demand is a Trade Demand.