Cape-Peninsula-Capital

Cape-Peninsula-Capital

Chart pattern: Double bottom Entry: Monthly close above 6.91$ Stop: 5.30$ Target: 12.40$ Risk/Reward-Ratio: > 3:1

Cape-Peninsula-Capital Updated 

Chart pattern: Bull flag Entry: 54.06 $ (this would end the secondary downtrend of the correction) Stop: 51.18$ Target: 60$-65$ Stopmanagement: SAR Parabolic 4h Chart default settings Risk:Reward-Ratio: > 2:1 Intermarket-analyses: The recent CPI data indicates that we are in an inflationary environment which cannot be solely explained with the...

Cape-Peninsula-Capital Updated 

Description: There are a few rules in the universe which cannot be broken. Due to the special theory of relativity nothing can exceed the speed of light or nothing can be cooled down more than 0 Kelvin (which would correspond to 58.9 Squarepenguins if you are using the imperial System). And shorting Tesla seems one of the things which are not allowed by the...

Cape-Peninsula-Capital Updated 

Chart pattern: Bull flag Entry: 65.78$ (this would end the downtrend which is active since the beginning of August 2020) Stop: 54.18$ Target: 93.354 Stopmanagement: ATR Stops weekly chart default settings Risk:Reward-Ratio: > 2.3:1 Description: Since August 2020 the chart is forming a bull flag with a nice corrective pattern (which retraced...

Cape-Peninsula-Capital Updated 

Chart pattern: Bull flag Entry: Aggressive traders can enter the trade immediately as the price closed above the downtrend line. Otherwise a closing price above 54.56$ in combination with a high volume on the daily chart can be used as a more confirmed entry Stop: 43$ Target: ~90$ Stopmanagement: SAR Parabolic weekly chart default settings

Cape-Peninsula-Capital

Chart pattern: Bull flag Entry: 82.24$ (this would end the secondary downtrend of the correction) Stop: 67.74$ Target: 106$-130$ Stopmanagement: SAR Parabolic weekly Chart default settings Risk:Reward-Ratio: 1.4:1

Cape-Peninsula-Capital

Breakouttrade Entry: Closing price above 147.20$ in combination with a high volume Stop: 143$ Stopmanagement: ATR Stop daily chart default settings Description: The price is approaching a significant resistance level which already happened in late 2020 where it was rejected from it. Although it closed above it the low volume indicated a false...

Cape-Peninsula-Capital

The chart has formed multiple bearish pinbars at the resistance area which suggests a short-term pullback. Due to the fact that we are in an inflationary environment the development of the price should be observed closely and a confirmation of possible reversal patterns at the resistance/support level can be used as a entry. Stop should be placed close below the...

Cape-Peninsula-Capital Updated 

Chart pattern: Range Entry: Immediately Stop: 27$ Target: 37$ Risk:Reward-Ratio: > 3:1 Description: Price sits on a significant support area which also correlates with the 38 Fibonacci retracement and the RSI shows a oversold pattern

Cape-Peninsula-Capital Updated 

Chart pattern: Cup and handle Entry: Closing price above 11$ Stop: 10.36$ Target: 13.38$ Risk/Reward-Ratio: > 3:1 Description: The price is since the beginning of March 2021 in a trading range. The breakout will be used as entry.

Cape-Peninsula-Capital

Chart pattern: Bull flag Entry: 156.7$ (this would end the secondary downtrend of the correction) Stop: 151.45$ Target: 180$-200$$ Stopmanagement: ATR Stops 4 hour chart default settings Risk:Reward-Ratio: > 5:1

Cape-Peninsula-Capital Updated 

Chart pattern: Bull flag Entry: 27.91$ (this would end the secondary downtrend of the correction) Stop: 25$ Target: 33$ Stopmanagement: ATR Stops daily chart default settings Risk:Reward-Ratio: ~ 2:1 Description: The chart is forming a bull flag with a nice corrective pattern (which retraced under the 38 Fibonacci retracement ). Target is the 1:1 Fibonacci...

Cape-Peninsula-Capital Updated 

Entry: Immediately First target: 1.77$-2.1$ Second target: 4.20$-4.60$ Stop: 0.86$ Stopmanagement: ATR Stops daily chart default settings Description: The price is consolidating at a major support level and retraced more than 50% from the recent high.

Cape-Peninsula-Capital

Chart pattern: Ascending triangle Entry: Closing price above 23.71$ Stop: 21.68$ Target: 27.67$ Stopmanagement: ATR Stop daily chart default settings Risk/Reward-Ratio: 1.8

Cape-Peninsula-Capital

The price broke the down-trendline of the bull flag (red line) and has now formed a hammer candle, which is also right upon an up-trendline (green line) and a significant horizontal support level. Aggressive traders can enter when the price confirms the hammer candle (0.43AUD) or you can wait until the price closes above 0.485AUD (this would end the correction of...

Cape-Peninsula-Capital

Category: Break out Entry: 0.8245 Target: 1 Stop: 0.75 Risk/reward-ratio: 1.7:1 Stopmanagement: ATR Stop monthly chart default settings Intermarketanalysis: Historically the CADUSD has a close relationship with the direction of the commodity market (see correlation coefficient between CADUSD and CRB) and if we look at the CRB-index we see that...

Cape-Peninsula-Capital Updated 

Description: The price of chevron shows a very clean horizonzal support area between 93$-96$. Also, the 100EMA has proven its significance in the recent past and should also act as support. The trade will be entered when a trendreversal pattern (hammer, doji, engulfing etc.) occurs at the support area.

Cape-Peninsula-Capital Updated 

In the short term I think we can see some recoveries from the recent sell off. We are at a crucial pricelevel which is supported by the hammer-reversal-candles at the trendline and the positive divergence between the price and the MACD and RSI. If we look at the daily chart Tesla has formed a bearish flag which would indicate that the shortsite is more probable....