NYSE:BHVN Another interesting paper. Couldn't take the historical level at 55.96. It was a long-distance retest. Rolled back down a bit. These are possible scenarios for this trade: 1. A breakout of the level, however, it's obvious there will be a pullback. The priority is to go to a false breakdown with a technical SL. But it's pharmaceutical, you have to...
NASDAQ:RP Hi, traders! An idea for those who understand the nature of a false breakout. If u dont understand it - write me to learn. What's on a chart. We are approaching a strong level 67, reinforced by round numbers. Instrument is trying to update the historical high. I expect a retest at 9th bar, but I guess we can't take this level the first time....
NYSE:FR Hi, traders! Lets take a look at the paper I picked up for trading on Tuesday. From March 24th, it finished its fall and was led upwards. On April 09, it was the first time it encountered a level formed by an upper retracement in a downtrend. On April 14, the instrument tested the level again, but failed to take it: made a false breakout of only 4...
NYSE:HLF Hey, traders! I will try to brighten up our boring Friday and tell you an interesting story, which I remembered thanks to one of my subscribers. Go through yesterday's posts, you will definitely come across our conversation with him. I decided to share this interesting story with you, and at the same time, to draw some conclusions. So, it happened...
NYSE:WUBA Well, another candidate for shorts. Details on the chart
Hey, traders. Cherry on the cake for those who love and understand how to trade false breakouts. Let's look at the chart. After the fall, the paper practically bought it back. From 14.05.2020 there was an unbridled growth. Think about it: 6 days of growth by 85%! And there's no pullback. We have a strong short level ahead of us, formed by the upper limit...
NASDAQ:TSLA Hey, traders. Some time ago, we already made good money on Tesla. There's another post about her today. I want to note that it's not going to be possible to trade the fundamental on her. So if you trade this way, wait for Tesla to drop to 350-360 and buy it. This instrument is extremely speculative. And I like it because it has a good grid. The...
Hey, traders. Catch the long for today. Let's take a close look at the chart. 1. On 08.04.2020, after a strong decline, the long player came into force. Having gained a position, he pushed the price upwards. 2. Once again, we see the price going from level to level in a channel, however, after the rise there is no rebound. For 12 days, a new position was...
NYSE:KOS And another interesting paper. After a new minimum, the instrument tries to buy back the fall. 07.04.2020 tried to reach the gap level, but failed to hold the price. We rolled back, marked a new support level of 0.8 and began to gain a long position. But here is what is interesting: 1.05.2020 and 7-11.05.2020 we are again and again testing the formed...
NASDAQ:LTRPA We're in the short zone. Closed to the level yestarday. If we can stay in it, I'll look for the entry point. It's best to trade these model with a false breakout when the price breaks the level from bottom to top and then goes back into short zone. This will ensure that you do not get extra SLs
NYSE:ENLC Couldn't buy back the fall and fixed at buying zone. Instrument is gaining position and confidently testing the support level. False breakouts don't pull back up. I leave it on a short-list for some days with an alerts. I will wait for fixation under the level and will start to find an entry point.
NASDAQ:NAKD And this very beautiful picture is only for those who know how to trade a false breakout by two bars. Use it.) by the way, notice the strong support level at the 0.6
NASDAQ:HMHC Hi, friends. First paper for today. That's why I picked it: 1. It's been down a lot from $6.6 to $1. 2. The instrument tried to buy back its fall twice but faced strong resistance at 2.8 and 1.7. Look at the aggressive sales. 3. Yesterday we tried to test the historic minimum of 1.05 again, but could not touch it from the first time. I'm waiting for...
Hi, traders! Pretty interesting chart on this paper. let's take a look. 1. The stop of the global short trend on 09.03.2020. We got a strong level on 24.02 2. From this day until 14.04, we began to gain a short position channel between 24 and 40. 3. Why short? First of all, because since March 30 we have not been going above the middle of the channel. ...
NASDAQ:ANAB Hey, traders! Having overcome the historical level from 07.06.2017, formed by the paranormal bar, the instrument has faced the forces of the short player, who has placed a limit order at the level of 18.70. It happened on 04.03.2020, when the income reports were released. Naturally, it was not possible to take this hurdle "from the run": we came up...