Upsidepotential
BULLISH FORMATIONS IN SUNPHARMAOn the 1 Hour Chart of SUNPHARMA, we can see some beautiful bullish Formations of "Bullish Harami", "Hammer" as well as "Inverted Hammer" on the downside levels of the stock. Thereby, indicating a very strong bullish momentum in next trading sessions. In addition to this, the stock seems to be facing a support at the level of 746.25. As plotted and explained in the chart, we can say that it is being expected that the stock can face resistance initially at the levels of 758.45, 763.85, and 770.95. Closing Price (as on 03.12.21) : 753.35
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TRKA is about to make a big move upTRKA is about to blast off
Check the chart it has been going up and down for more than two weeks , now its trying to soar high
It worth a try
Everything is on the chart
Trade Safe
$ATER Aterian Inc. LONG TRADE SETUP$ATER Aterian Inc. Swingtrade chance.
Pretty low risk, but very high reward in my opinion.
The play here is a double bottom pattern, market has set up the bottom higher than it has in August. The price marked up intensely in August, after the bottom was in.
One would stop out the current bottom, but give it a little room to breathe, Aterian is something else, when it comes to volatility .
We got some kind of bullish divergence in the daily chart as well, but don't give that too much value tbh, if that kind of stock want's to tank, it just does, no matter what the indikators say.
BUY IN: now (or wait for confirmation candle if you want it more "safe")
Stop: 5.60ish
TP's as in the chart (keep a small portion of your position though after TP4, if the stock decides to go to mars)
Super volatile and risky play, but big upside, i think thats a stock to own, when we get really FOMOy in the Nasdaq,
when (or if) christmas rallye really kicks in.
$SPX - S&P 500 new ATHOn Friday 10/25/21 the $SPX - S&P 500 closed at $4,566.48 up +21.58% for a new ATH - up from FY20' high of $4,756.07 an increase of (32.7%) YoY
This was boosted by strong earnings, progress on U.S.-China trade, & $TSLA reaching a new ATH price/share and record breaking market cap of +$1.0T - $SPX contributes to 113.6% daily returns YTD - 7th highest weighting in the S&P 500 at a 1.5% index weighting
After hitting a new high on 06/26/21 the S&P 500 suffered a sharp sell-off amid fears of an economic recession in August FY21' - hat month the S&P 500 dropped (1.8%) - struggled through September FY21' but has rebounded strongly in October - now up more than 6% from its August
Last week’s 1.2% rise set the stage for a potential S&P 500 upside breakout
The market is sending you a very strong message: The cyclical stocks are recovering and they are outperforming. If the economy was going to hit a really bad patch, these stocks wouldn’t be recovering. The market is finally breaking out of this trading range and it is headed higher
Upside trend is about to start on Dow JonesDows Jones seems to be at the end of its correction. A strong support zone doesn't let the price go lower than 34,400. Upside trend is about to start soon. Our long term goal should be 37000.
Aurora'ing back to life..will ACB burn one to get a yearly HIGH?EMA cross (50/200) on the 2hr chart, maybe back testing the 200 EMA now. Bresserts crossover on the weekly chart in oversold territory (last time this happened, it pumped $10 in the following 2 weeks - past performance not necessarily indicative of future results).
CMF shows money flow is in positive territory, relative strength hovering just under 50 RSI. I'd like to see the price touch the $8.80-9.00 ideally, but the downside can be complete here. Semi-worst case it should hold $8.00 but still would not invalidate until major support is breached. Good R:R IMO... this one can be a volatile beast. It is possible we see a pump to the $10.90 region and a retrace to these levels again ($8.50-$9.50) before moving higher. Placing major support at $7.20, soon to move up to $7.60. Keep in mind this is the one traded on the NASDAQ in USD, so you'd have to convert support regions accordingly if trading on the TSX exchange chart. Inverted H&S formation points to $21-$23 region... but should go 'HIGH'er long term.
MATIUSDT PRICE PREDICTIONMATI PRICE ACTION IS IN A BULLISH PATTERN HOWEVER CURRENT PRICE IS IN A MINOR PULLBACK ON DAILY and lower timeframe.. I WOULD GO ABOUT WAITING FOR DAILY CANDLE TO CLOSE ABOVE THE FIB 61.80% RATIO in order to confirm a continuation to the upside... I WOULD LOOK TO BUY INTO THIS COIN AROUND THE PRICE RANGE OF 1.75-1.91. POTENTIALLY HAVE A ROI OF 80% based daily timeframe chart structure
DISCLAIMER: NOT A FINANCIAL ADVISOR OR LICENSED TRADER...
TRADE AT YOUR OWN RISK... THANKS
BNB - rally to $500+ levels after inverted H&S ?Hello,
I'm looking at BNB lately and I think it has a potential to once again reach its all-time high in the short-term if the overall market reversal to the upside is confirmed. We need BTC to do that and re-take $42,000 first.
Going back to BNB, during the last rally from March/April, the coin increased by 200 percent thanks it's solid fundamentals, but also to the fact it had some really nice, classic consolidation periods.
The first solid resistance was right below the $300 mark and we are already above that right now.
Next level to watch is $400 where a retrace can be expected just like back in early April. What is more, during last week's correction BNB rallied 40 percent up from its $290 low just to suffer a strong rejection at $400. The level is in line with the Fibonacci retracement at 38.20%
Next is $500 (61,80% Fibonacci retracement level) and so on. As you can see BNB really likes the round numbers, so if history repeats itself it can be a really easy trade to book.
There is also a big chance that we see an inverted head and shoulders formation on the 4-hour chart and this will be in line with the above-stated correction level and the multi-timeframe support
Regards
XRP PRICE PREDICITION.. potential bullish runXRP PRICE IS PULLBACK TO GRAB LIQUIDITY AS IT SHOWS A STRONG LEVEL OF SUPPORT AT 1.36 price.... I WOULD LOOK TO ENTER ONLY IF PRICE CLOSE ABOVE SUPPORT... POTENTIAL PROFIT OF OVER 58%
I will look to enter/invest this trade within the price level of 1.3000 -1.3540
DISCLAIMER: NOT A FINANCIAL ADVISOR OR LICENSED TRADER...
TRADE AT YOUR OWN RISK... THANKS
ADA looks to be breaking outADA is running again, it's been a crazy couple of days. A couple weeks ago I pointed out this ascending triangle pattern, the measured move is aiming for 1.96 USD. Equally as important to me is that ADA has broken out of it's descending trendline resistance against BTC. I expect ADA will over take it's recent high vs. BTC in the coming weeks as well.
Long term consolidation at range lows with a break to the upsideCurrently we have experienced a long term consolidation of the range lows.
This consolidation has had a breakout towards the upside. We are now retesting the new support line which also has aligned nicely to the 0.702 fib which is the bottom of my buy zone.
I DO NOT expect us to hit this fib level however regardless if we do hit it, I expect a nice bounce from this level. I would start DCA into this position as I believe over the coming months we are going to see a very nice bounce towards the $18-$20 price range.
AUDUSD (LONG) Potential Inverse H&SAUDUSD on 1hr chart Looks like a right shoulder being formed
As I see this, it’s possible inverse H&S pattern for a potential further upside.
The first test for the buyers is this neckline at 0.779 which they have already tested. If they manage A breakout could pave and confirm the way for an inverse H&S pattern.
Good luck.
GOLD (LONG) further upside continuationGOLD (XAUUSD)
The price for GOLD has broken out from the previous bearish structure.
It went back down to retest the support zone.
Near the POC area where it rebounded again.
Looking for more upside continuation after the breakout of the key level.
Let's see how it goes..!!
Good luck.!!
PLTR Bounce on Support with Bullish MACD crossoverI will be watching for a strong bounce on support here in which case I think we will see some nice quick upside to $25.50+. However, if support is broken I expect a significant drop and a retest of support at 21.10 level that we can clearly see on the 2 hour chart.
#MPAA - Good upsideNASDAQ:MPAA
MOTORCAR PARTS OF AMERICA INC #MPAA
- #MPAA has been trading on a parallel channel since November 2020
- USD 19.50 acted as a good area of support on the last reversal looking type candle
- The RSI is low and has room for an upside
- MACD, slightly below 0, is signalling a reversal
- The first test will be at the 50MA, if #MPAA will manage to seat above further upside can be possible
- We will increase our position at USD 21.70
Entry price USD 21.02
Target price USD 23.44
Stop loss USD 19.00
OGI: Potential for big upsideOn the 1 day chart for OGI my supper guppy indicator has turned green/blue, indicating an uptrend, for the first time since June of 2019. On the 1 week chart you can see that the fast EMA's on my super guppy indicator have turned from orange to grey...When the fast EMA's turn grey during a downtrend it typically indicates that price action could have incoming volatility and suggests that a bounce is currently ongoing. When you consider this in addition to the bullish super guppy signal on the 1 day chart and the strong signal indicated by my GMMA oscillator I think we are going to see some really nice upside.
IMVTBased on my fundamental analysis I have set a $35-$40 price target for IMVT. After a steep drop IMVT appears to have found support around $23 which was also supported by very strong volume. With support established at 23, a strong intrinsic valuation, and RSI indicating it is now oversold I believe this could be the start of a new uptrend.