ATH : Ashford Hospitality Trust is a real estate investment trust (REIT) focused on investing predominantly in upper upscale, full-service hotels. Why I'm buying at these levels: -ATH has now corrected to its 0.168 Fibonacci retracements (blue zone on the chart). -The Demark TD sequential is on a 8 daily, showing good chance of reversal. -The 50 EMA is...
FSLY Ichimoku analysis and all supports and resistance Ichimoku : Price above the cloud, lagging span broke kinjun and tenkan = bullish on daily, long trend. Mind the 1st resistance and enter accordingly. All levels are on the chart (support and resistances). I'm long. Swing trade with option expiring in January 2022. Trade safe.
UPST : UPST is now sitting on the trend line , which is acting as support (122). If it holds, we could target the 166 zone, and more. Good for a long swing trade with a tight stop. Trade safe.
BIDU : Baidu is back above the long term trend line that was supporting the price for a long time. The last candle has also reintegrated the cloud and the lagging span broke the kinjun and tenkan. All the above indicate a potential bullish trend reversal . I'm now switching from bearish to neutral/bullish. Good enough for me to initiate a long swing trade...
PLUG ICHIMOKU ANALYSIS : The price is currently supported by Kijun, Tenkan and 20 and 50 EMAs, with Kinjun and Tenkan about to cross over. The price action is building pressure for a move above the 2 following resistances: 1. the current candle is just at the top of the cloud, looking for a break out. 2. The lagging span is stuck below the 100 EMA and...
MREO after forming an inverted head and shoulders on the weekly chart, the price just broke the neckline and triggered a long trade. Approximate target between 7 and 8. Trade safe.
AES CORPORATION : Text book ascending triangle . Ascending triangle patterns usually occur in trends and acts as a continuation pattern. It's defined by a bullish trending move followed by two or more equal highs and a series of higher lows. The pattern is complete when price breaks above the horizontal resistance area. The pattern is considered successful if...
BIGC is shaping up nicely. Price now out of the ichimoku cloud . The 200ma sits at 70. A break of the 60 level could take us to 69-70. The blue rectangle is my target area. The trade is not validated if we don't break the 60 level. Trade safe.
Is weed hot again? Potential inverse head and shoulders on ACB forming on daily. The pattern will only be confirmed if we break 19. Initial target on the chart. So what do you think? Are we forming this left shoulder or not?
IBM weekly chart is currently in a downtrend but bullish cross of moving averages and potential break of the trend line could signify a change of trend and a profitable long trade . I would wait for for the price to break the trend line (black line on the chart) to enter a long swing trade with a stop loss not too far to protect from a failed...
SILJ : Are you bullish on Silver ? Beautiful rectangle pattern on junior silver miners . Traders could trade the top and bottom of the rectangle or wait for a break of USD 18. Potential target of 22 if we break bullish. Then we could see 30 if Silver breaks past USD30-35. Trade safe.
PD: watch for imminent break of the ascending triangle . Target move approximately at usd 52. Trade safe
PLG : Nice bull flag breakout. Price heading to 1st resistance of 5.68 - 6 zone. If we break the 6 zone, the flag target is around 9-10, which matches with past support-resistance zone. Trade safe.
CHCT looking bullish close to all time high levels, after long consolidation. Watch for a break. Targets on the chart. Trade safe.
TBT broke out of a long bottoming base. Bullish set up based on technicals and fundamentals. Targets and levels on the chart. Trade safe.
SNX (Synthetix Network) Binance Chart Ichimoku : The lagging span was blocked by the candle. Price still below the cloud so trend still bearish. However Kijun and Tenkan as support And Trend line : was broken which shows some signs of reversal. Price now retesting the trend line, could bounce and start an uptrend. Targets: Fibo extensions on the...
I have 2 targets on Ankr . The 2nd one would be a 200% increase from current price. The coin has already returned 2000% since March, so be careful.
TDC : TD sequential 8 daily. Descending wedge . Watch for breakout coming soon. Potential immediate targets on the chart. Trade safe.