NVT - Angled H&S An idea for NVT showing an inverted H&S on an angle
This is within a large broadening wedge or megaphone shown with the triangle.
I expect this to break down and allow the right shoulder to form.
NVT trade ideas
$NVT Looks Good with Tight Pivot$NVT looking good here. My only concern is the constant higher than avg vol. in the pivot area.
otherwise:
*Tightening (orange background)
*OBV multiple NHBP
*Strong prior uptrend (numerus pocket pivots)
US Market Sentiment and Updated WatchlistWe may see a year end rally, however it may come in split fashion.
Indexes are diverging, and after a period of outperformance, former leading growth stocks are smashed, many of them are in their own bear market. Biotechs, semiconductors and the software sector continue to slump.
Although the S&P 500 lost about 1% on Monday, it is still trading near record highs, its Advance-Decline-Line is reblunding which is a good sign.
Our risk model is still RED - HIGH RISK!
We have four open positions in our model portfolio which is slightly positive on average but we do not yet see real traction. Swing traders should only take smaller pilot buys to test the water.
Here is the link to our updated watchlist for the US market. All stocks on our watchlist have been selected applying Minervini's SEPA criteria and Trend Template:
de.tradingview.com
PAY to NVENT ELECTRIC PLCHello traders, NVENT ELECTRIC PLC is in a bearish dynamic fake with a long upside down hammer candle with a fake return of sell volume executed. Looking at the TIMEFRAME M1 we see a shape of a hammer candle upside down with a high volume of sales issued, it has come to test the bottom of the comfort zone. To go on its last low point with a possible check of the low of the short-term bollinger make its swallow.
And test the different levels of the bollinger plus the VWAP to access the top of the area to check it again. There is a great chance of breaking the price with the return of momentum to arrive at the same time in a following zone of stabilization and to reach the coming high. To recover the losses of the day before, it was impossible to test the long-term compression zone. As well as long term resistance, not enough buying force at the moment.
Please LIKE & FOLLOW, thank you!
NVTA small double bottom after a small downtrend. Looking for a quick jump maybe 10%. Good swing trade option, showing support at a high level.
