Elpidaldo

Elpidaldo

Nice multi month consolidation on BAND . The chart has formed a rectangle pattern which will either lead to reversal or continuation. The rectangle pattern can be successfully traded by buying at support (143) and selling at resistance (190) or by waiting for a breakout from the formation. With all the moving averages rising to support the price I would bet...

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OPEN: Low risk buy at channel bottom. Let's see if we can reach the top of the channel as indicated on the chart. Trade safe.

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NMTR Nice rounding bottom . Can we reach my 1st target at 3.44?

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QLGN The price is retesting the neckline of the inverted head and shoulder . It is potentially a very good support for a long entry. I'm playing the bounce with the red line as target (swing trade). I'll close the trade if we break below the neckline. Trade safe.

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LPCN : So what are your thoughts? Does it qualify for a cup and handle ? Definitely not your typical cup, right? But I do smell coffee here. No cup no coffee. The pattern is confirmed once we break the previous higher high (the top of the cup). I'm already in the trade. Price target on the chart. Trade safe.

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Here is an update of my previous chart for JMIA . This one has been my best performing trade so far.

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OSTK end of the long consolidation. Watch for a break of the wedge pattern . First target at around 68 (top of the ichimoku cloud). Next potential targets on the chart.

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Here is my view on the BTC USD chart. I have described 3 scenarios on the chart. Which one you think is more realistic?

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CHD is offering a good Risk/Reward play. Bounce off the 200MA and Bullish Engulfing Candle. If we get a bullish push we can even reach the trend line and try to break out. Possible entry here with a stop just under the 200MA. Investopedia definition:<>

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LAZR : Nice consolidation within a symmetrical triangle / wedge . Ready to break. A break to the upside would give us a first potential target of 46.50 usd + Wait for confirmation before entering as it could also break to the downside. One concern: the 200 MA is quiet far. But I'm leaning slightly bullish based on the Tenkan support (Blue line-Ichimoku). Trade safe.

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I'm watching WIX as it could break that down trend line any time. I'll feel confident for an entry if we clear 273-274 (based on Ichimoku daily). All price levels are on the chart (in blue). Price is supported by a long term trend line and a rising 200 MA which is not far below.

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XAUUSD Watch for the break of the downtrend channel to enter the trade. All details on the chart. Both technicals and fundamentals support the bullish scenario.

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ETH is currently forming an ascending triangle . Ascending triangles at the top and as continuation have a low failing rate and tend to break to the upside. Traders should wait for the break of the horizontal line to enter a long position. Measured move is at about 1314 usd. Chart pattern invalid if breaks to the downside. Trade safe.

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TDOC is setting up nicely for a break of the wedge/pennant. A long position could be taken if we break and stay above 209 for a day. Immediate targets are on the chart. Trade safe.

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Nio showing some bullish signals. Wait for the break to enter the trade. Potential target 70usd.

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Bullish set up on Fastly We have a huge gap to fill and a megaphone pattern. Let's see if we can go fill that gap and move towards the top of the megaphone.

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APA: multi months resistance break out in play. I like these sets up very much because the following move tend to be powerful. If you're bullish on oil, this is an interesting play. Trade safe.

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Fubo TV, sport streaming and betting business. Analyst target is 60usd. Let's see where the bounce is taking us. Good entry here with stop loss below previous high on daily. Trade safe.