T30 setup in the action zone with higher than normal vol
Ethereum looking to start a new uptrend on a strong bullish engulfing candle, macd cross, volume, and bitcoin losing steam,
AMFE Nice move here off of the .08 support and 10sma. After three days here of profit taking AMFE made a nice move bouncing off of the 10sma on Friday 05-05-2017 with 3 million in volume. There is a gap at .0760/.0823 that could fill if volume slows down. Current support levels .08/.0750/.0640/.0525 and Resistance levels .0887/.0950. Watch for a possible breakout...
AMLH is back on the move bouncing off of the 10sma which is currently at .0074 closing the day at .0089 on 05-05-2017 with 122 million shares traded. Current resistant levels are at .0089/.0105/.0110 and Support levels at .0059/.0048./.0035. A break of .0105 AMLH will be a breakout and could go much higher imo.
NTEK made a bullish move on 05-05-2017 bouncing off of the 30sma at .0406 with heavy volume closing at .0480 above the 20sma which is at .0474 on a heavy volume day of 1 million shares traded. Current resistance levels 0.0480/0.0528/.06 and Support levels .0410/.0340/.0290. With a break of .0528 would be a breakout here.
Bullish flag formed on 15min candles with high volume.
Litecoin/LTC has formed a Bullish Ascending Price Channel, high volume, MACD cross, and News. LTC is reaching 100% implementation of segwit, has been listed on Coinbase, and is working toward implementing Lightning Network.
with so many earnings this week it's not easy to find breathing space so i'm only really interested in hit and run jobs and lsxmk fits the bill for another expansion breakout buy stop in at 41.03 with 1 day expiry
china lodging group could be setting up for a nice big swing ghost town pattern in the action zone waiting for price action bullish hammer etc for entry signal
Eth is up approximately 10% today on two major bull runs on large volume. New support line formed?
PLUG (Plugpower) Break out through resistance on large volume and news that Amazon is buying 600m of shares. Resistance line broken at 2.40 now acting as support.
NZDCHF: Selling at fresh supply zone
Well well well look who decided to come through. By chart analyzing, I predicted that MSFT would break through at the 65.25 area I got in at 65.23 around the resistance trendline. Hopefully it closes above resistance and I'll hold overnight.
Aussie retraced last move down. There is no actual volume supporting move up, which suggest it is correction / redistribution.
CADJPY: Selling at fresh supply zone. 1:34.89 risk reward ratio. Probably my most ridiculous setup. :D