AcolyteTrader

AcolyteTrader

Price has made a bull flag setup here bouncing on the 200WEMA and 13500 SR level. ST limit is 15700. Stock is also oversold. Always manage your risk.

AcolyteTrader

DXY Price testing key technical SR level at 9600 here. This has resulted in some selling. Watching price action to see if bullish action continues

AcolyteTrader

Price has now broken out in $HYP. Buying the breakout here. LT trend is down so remember buying here is trading against the trend so as always manage your risk.

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Price is forming this IHS setup here. Waiting for the the right shoulder to confirm. Watching this closely as price may bounce hard on test of DEMA200

AcolyteTrader

Looking for break of this triangle pattern. On my watch list

AcolyteTrader

Price making this very C&H pattern here. 38600 is level too watch out for sellers. If the trend holds then there is a 1:5 R/R. As always manage your risk.

AcolyteTrader

Price making this very C&H pattern here. 38600 is level too watch out for sellers. If the trend holds then there is a 1:5 R/R. As always manage your risk.

AcolyteTrader

Price is on the move here breaking out and trending higher. The problem with trading this stock is the spread(I dare not). Maybe one for the LT portfolio if you use techno-fundamentals. Interesting though, as always manage your risk.

AcolyteTrader

$TCP price has broken out to test 4800 level on increased volumes. LT trend is up and price is strong. Looking to buy more here at 4660. As always manage your risk.

AcolyteTrader

This bullish pennant price pattern finally playing out with a massive bullish engulfing candle. Price found support at the 13400 level and has bounced higher. Price may gap up at market open. Decent 1:3 RR in this trade with limit at 15000 level or the top off the pennant. As always manage your risk

AcolyteTrader

Thanks for bringing this to my att @mikeshield132. There is a clear bull flag setup with bullish divergence in BIK. Also visible are the psychological levels of resistance when price tests round numbers and reverses. Price found support at 60 and bounced. I would go long on a close >70 with ST Limit = 90 or the top of the flag, with LT limit of 150 which was May...

AcolyteTrader

Have an idea to add to a long position here or buy MUR. Looking for a breakout above this flag setup or the 1400 level, with a close >=1405. Will set a buy limit above 1410 level if price action confirms. The LT trend is down. As always manage your risk.

AcolyteTrader

Price is moving nicely within these rectangles/boxes. Price has just broken out this rectangle setup and this is a good level for a buy.Be wary of the 5500 level as resistance. LT trend is up. Always manage your risk.

AcolyteTrader

Price has formed this nice ascending triangle however if you haven't already bought TKG from its last break at 4400 then the R/R may not be suitable for a buy at a breakout of this setup. However if you are pyramiding then this is a decent level to buy more lots. Weekly volumes in this stock are a smidgen higher than the previous week, however the LT trend is up....

AcolyteTrader

Price is forming a nice bull/wedge flag here. It would be nice to see more buyers coming in here in support of a proper move higher. The LT trend is up. Always manage your risk

AcolyteTrader

Price has formed a bull flag setup and has found a level of support at 18600 and bounced. It would be nice to see a bounce with some higher volumes for a higher probability outcome but such as it is the LT trend is up. If you use indicators then the MACD and Stochastic have just made bullish crossovers.The trend is your friend. Always manage your risk

AcolyteTrader

Price has formed this long flag setup, and found support on WEMA200, looking for a long position with a close above 365 on the weekly chart. As always manage your risk.

AcolyteTrader

Price is moving higher after bouncing off WEMA200. It would be very bullish for MRF if price closes the month above the MEMA200. Looking to initiate a buy with a close above 110level. Volumes traded are significant at this time. As always manage your risk.