CAT: Range Bound Swing TradingCAT developed one of the entry signals I teach this week. The stock rebounded from testing the lows of the trading range. Hybrid indicators suggest large-lot buying is triggering in the lows of the range.
Point gain potential may be limited by the sideways trading range developing, but swing trading can be done within the range if you can catch the entry early in the upswing from the lows and plan to exit near the highs.
This trading range will need to compress near the highs to sustain a breakout to the upside.
Upswing
Mirror Protocol Getting TightMirror Protocol has been consolidating for a few weeks now, things are starting to get ready for a move. As seen above, it n the Daily timeframe MIR is in a bullish pennant with the Stochastic RSI down. With altcoins, always remember that the market depends on what granddaddy Bitcoin will do.
$BCEL ALL TIME LOW Recently BCEL has reached an all time low and a data suggests that is will rise back up. According to Fintel.IO Blackrock has bought a staggering 350k shares. The rating of the stock has changed to hold according to some analysts. It's at an all time low, buy folks thanks me later.
UPDATE ON CHZUSDT PRICE PREDICITIONCurrently, CHILLZ IS CURRENTLY IN AN extended W bullish pattern meaning price have to pull back to retest the recent resistance; which is at 0.264... Therefore, I WOULD WAIT FOR THE MINOR PULLBACK CLOSE ABOVE RESISTANCE TO CONFIRM A CONTINUATION OF BULLISH RUN...
MY ENTRY PRICE RANGE WOULD BE INBETWEEN THE 38.20 AND 61.80 FIB RATIO depending on price action in couple days.
- POTENTIAL ROI OF OVER 60%
DISCLAIMER: NOT A FINANCIAL ADVISOR OR LICENSED TRADER...
TRADE AT YOUR OWN RISK... THANKS
SPX's RSI. since 2009 60 % success rate we are going up.All crossing above the 50 line, regardless of anything else we will be in a up swing 60% of the time.
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up
up
up
up
side/then up
up
up
up
up
false
false
false
false
false
false
up
up
up
up
up
false
up
false
up
false
false
-------------------------------
conclusion: 15 up swings. 10 False
60% success rate.
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Summary: Weekly RSI 21 signals
since 2009
60 % success rate when crossing
above 50 reading's line regardless
of general direction.
NKE UpswingBased on the technical analysis of NKE on the 45min chart, there are a lot of signals that show the stock is positioning itself for a positive upswing.
First there are multiple green bands overlapping each other on the Guth 3x confirm, these are buy signals that have a history of being very accurate.
Second there are 2 buy signals that came up under the Divergence+ script, a script so accurate that it cost a monthly subscription. These buy signals are based on divergence.
Third, and because I have been speaking about divergence, the MACD shows decreasing bearish strength and increasing bullish strength.
Finally the RSI is low in to comparison to last week, currently sitting at 40.43 indicating that the stock is underbought.
Comment your thoughts below and leave a like if you are a NKE bull or believe this upswing could happen. Follow to see to upward movement that is almost guaranteed by the combination of the D+ and 3x buy signals.
Potential."On the other hand, if a stock falls but the MACD flattens out and starts to move up, a near-term bottom in the stock is likely."
Trendlines are unreliable and sometimes the market can just go straight through in to a sideways continuation. But why waste a chance to post this chart just on the possibility it might go up.
T-7 and counting...
gulden bitcoin crypto, gulden.com to bitcoin uptrend channelAlso if we take a look at this bitcoin-gulden technical we can see that the gulden is ready to go further up and make some pretty steap swings. Also see my analysis on the gulden-dollar
Not also do I believe in the gulden coin from gulden.com but also if I look at the technicals I think there is a potential big upswing possible for this cryptocoin and cryptocurrency. The gulden coin is allready a used payment method in the Netherlands is is now expanding to other europe countries. Since it is still a very good price compared to other used crypto coins there are lots of possibilities here.
Possible long for RIPPLE-ETHEREUM XRPETH - pullback completeOn the chart we can see that there is a long possibilitie for the pair RIPPLE ETHEREUM or XRPETH. I think the pullback is now complete and we can expect another swing or boost up. The target is around the 0.005 area as we can see there is a fibonacci point there, there is psychological number and the swing is about the same size as last time.
FoldingCoin (FLDC) In A Potentially Good PositionThe key for me for profitable swing-trading is avoiding bets that go against the trend. That means when the general trend is moving up, I only look to catch the bottom of a channel for long (buy) opportunities (as opposed to trying to short the top of a channel).
As you can see in the chart, FLDC is in exactly this position of being at the bottom of its channel during an upward movement. I expect to see a strong move upwards once the accumulation period has ended and price closed about the 20 EMA. Note that I wouldn't be surprised to see the move stopped momentarily at the trend line crossing the previous high (600-650) before continuing towards the top of the channel.
DDD - Still believe in the squeeze After it played around where it did, I realized it was less a false breakout and more a stronger line of support, now you can see the adjusted line it makes more sense. My bad for not updating. The struggle was there but I believe it's over and will continue into the squeeze pattern. If you look at the rest of the swings the struggle was similar, so I wouldn't lose money just yet if you were waiting for the upswing. Just my thoughts, I'm holding also.
ACAD SOME GOOD LONG AND SHORT SWING #ACAD - ACADIA PHARMACEUTICALS INC - SHORT AND LONG SWING
HAD SOME GOOD SWING GOING ON HERE WITH THE 50 EMA CROSSING 200 EMA AFTER BOTTOMING OUT
AND CLOUDS DIVERGENCE ABOVE THE KUMO
SOME MORE SWING DOWN AND UP BEFORE WE TEST THAT RES / SUP LEVEL AND FIND A NEW CHANNEL UP