FOX trade ideas
Fox Corporation breakout timingWe're staring at nothing but reverse H&S.
Overall look.
For 3 years the attempts taken to push the price significantly above $40 have failed. Establishing the strong resistance level of just above 42.
Breaking above 2 dashed lines is a signal of breakout in action.
According to fibs the volatility shift will begin on summer.
$FOXA FOX CORPORATION and its fantastic budget dataMy Marketmiracle advisor generated an input signal for the $FOXA stock with an ambitious target of 42.43 USD and a potential profit of 13.95%
Incusiorite I analyzed the graph and the first thing I noticed is that the presented balance sheet data are decidedly above the estimates of analysts.
Surely this is an aspect to consider but that alone already justifies such a consistent appreciation.
So I expect price behaviour like the one I drew freehand.
This idea is based on a signal generated by the advisor Marketmiracle, down on this page you will find the link to the page of signals of the advisor that you can see for free without any cost or registration
Traditional|FOXA|LongLong FOXA
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at the prices behind the activation zone.
The idea is to work out the resistance level .
* Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out the idea according to your data, but without the support of the author.
+ Maybe right now we will go even lower, then it's okay, the idea is not activated and simply canceled.
+ ! - zone highlighted by the ellipse is a zone of increased resistance, in this area there is a possible reversal for a correction, please take this factor into account in this transaction.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
Blue zones - activation zones.
Green zones - take zones.
Red zone - stop zone.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Orange arrow - the direction of take.
The red arrow - the direction of the stop.
SUM PNL: This parameter displays the total % of all closed ideas of the "new" format (according to the author) for this sector at the time of publication of the idea. The calculation is very "clumsy" just the sum of the profits of all the ideas, based on this indicator, you can more accurately assess the risks when working with my ideas of this sector. I present you the construction of the idea, you can use it yourself as you like based on your subjective view and risks, the calculation of the PNL indicator is carried out only on transactions that the author closed on TV in manual mode or by take.
P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
Fox News ShortFox News Short Thesis: 1) death rates higher for fox news viewers www.youtube.com 2) Fox news ratings plummeting after calling election for Biden time.com 3) Fox news actively threatening guests not to appear on Newsmax www.businessinsider.com
dilille010
risk reward of 4.3 for stop loss 30.36 and target of 21.27