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Upwardbreakout

BTCUSDWe have identified the uptrend and a rounded retracement (CUP). The strategy applied says the strength and longevity of the prevailing trend will determine the success of trade. We have identified the handle of the cup. First buy entry on the handle breakout, the upper line (resistance) that define the handle structure is our trigger line of first buy. 2nd entry on the breakout of initial peak from where the cup started drawing up. Take profit at the same distance in price measured from the initial cup peak to bottom of cup. Place SL below rounded bottom after 2nd entry is triggered , then move both SL below the handle swing low. Thanks for taking the time to peruse my analysis -RW
BITSTAMP:BTCUSDLong
by rajhwillearn
Macon Tech up strong after Zacks Strong Sell - what gives??MTSI has some cool chip technology and beaten up like most tech stocks in US-CH trade war saga. Zack posts strong sell prior to MTSI have strong upward climb today after missing Q4 Rev. targets. Acquisition candidate>>>? What gives?? Zacks Investment Research, Inc. downgrades MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC from HOLD to STRONG SELL. BY Investars Analyst Actions - private — 2:10 AM ET 11/14/2018 On November 14, 2018 Zacks Investment Research, Inc. downgraded MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC ( MTSI ) from HOLD to STRONG SELL.
NASDAQ:MTSI
by Pokethebear
NEO/BTC - Looking for an upward break on a descending triangleNEO/BTC has been in a descending triangle pattern for a few weeks now, and we're beginning to enter the period in which a triangle pattern breaks out either way. These patterns are usually bearish, however an upward break on a descending triangle is very powerful. As most of you are long traders, keep an eye out for this. If you're happy hedging, then you can place conditional buy/sell orders above and below the pattern and profit both ways. The main thing leading me to look for an upward break is the VZO/price divergence/trend. The VZO is definitely on the upswing, and has developed a trend that has held 3 times during the pattern. However, triangles develop a lot of pressure in the market, as bulls and bears fight to win predominance, so traditional signals can sometimes be unreliable. This one is more for "wait and see" analysis, rather than any specific buy/sell recommendation. I'll be looking to profit from either movement, but I'll be very conscious of a throwback or pullback, which are generally bad signs for a break. I'll update this as the movement develops. We should see some clear action well within a week. Cheers and good luck. RJR
by DreamsDefined
CLW - Potential fallen angel Long from $46.63 to $50 & higherCLW seems formed a nice base & if we get that moving averages to cross, that will be very nice fallen angel setup. So we are waiting for the it to break above, and keeping on watch list for now. *Trade Criteria* Date First Found- May 22, 2017 Pattern/Why- Potential fallen angel setup Entry Target Criteria- Break of $46.63 Exit Target Criteria- $50+ Stop Loss Criteria- N/A Please check back for Trade updates. (Note: Trade update is little delayed here.)
NYSE:CLWLong
by AcornWealthCorp
NZD/HKD potential double bottom formation?There seems to be a possible double bottom formation occurring around the 5.35 area. The first V sectioned of the market shows a reversal upwards and the next V section shows even more upward momentum. I'm hopefully waiting for it to hit the 5.35 area so I can buy it and go long and I will take another trade straight after the first one takes profit cause of the strong upward trend. Stop loss is small yet effective and take profit levels are looking very realistic at the moment. But yeah thanks guys and I'll carry one with another one next time.
Long
by chiefcapitalfx
Dominion upward trend for couple monthsThe price is still in correction stage after post income and people are undecided. However, dividend is increased by $0.05 compared to last year and it is almost dividend date. This should push the undecided people to buy. Also I notice recently energy and natural gas company price dropped but this does not and I think this is the lowest for these few months. I should go up to $75ish before ex dividend date 3/1/2017 but may go even higher afterward. Even if it drops before or after ex-dividend date, the following month or two will be followed by a upward correction and break even at the worst case in 2 months from now. I am predicting this move base on the past waves especially the MACD line. If MACD blue line can hit zero it will continue to go up! Estimate >4% increase in price in 1-2 months.
NYSE:DLong
by zhengster
2
INFI - Pennant formation long from $2.50 to $4 INFI seems breaking out of a pennant formation. There is a potential for upward channel formation as well. However both pattern suggests upward movement & we think it has good upside potential up to $4. * Trade Criteria * Date first found- February 14, 2017 Pattern/Why- Upward Channel; Pennant formation. Entry Target Criteria- Entry around 2.5-2.58 (Hit February 14, 2017) Exit Target Criteria- target 1 $2.97 and Target 2 $3.18. Long term target of $4.00 Stop Loss Criteria- $2.33 Please check back for Trade updates. (Note: Trade update is little delayed here.)
ILong
by AcornWealthCorp
EURJPY : Upward Breakout Descending Triangle?Hey guys! A couple weeks ago I posted about a Descending Triangle on EURJPY that seems to be near completion soon! But I seem to find signals that it will be an upward breakout instead! -Stochastics have shown a bullish divergence -Weekly chart Fib Retracements has shown that this Descending Triangle is resting on the 50.0 Fib Level Seems like it could be a really good buy signal! I love divergences, they are always so strong! If it breaks upward, I'm gonna trade it! If it breaks downward, I won't touch it! Weekly Chart 50.0 Fib Level: Any thoughts and comments on this? Share it here! :)
Long
by GenesisCTY