Buy stock GOOGL 110.21
I will move stoploss to breakeven at 121, in order to lower risk.
We have a higher high, a higher low, divergence and some demand we can put the Stoploss below.
AMD Long
The trend is clearly up on all timeframes, it just bounced off from a support / confirmed a trendline.
I will observe my position actively and don't know the target yet
This is not financial advise, just for fun
My Entry: around 27,30
My SL: below support at 18,50
TP: ?
The upside potential is huge on this one, whereas the risk is not too big.
I might change my SL to BE when/if price reaches 35 to get a risk-free trade.
This is not financial advice, just inspiration and for myself.
Long: 12.20
SL: 10,38
TP: ?
A company that has had a downturn, being unlucky with a specific customer.
They seem to be on their way back on track.
Even though the idea is mostly based on TA, with a Fibonacci levbel of 61,8 bounce, RSI + BB oversold.
POC, support (previous resistance) and a nice pinbar on W1.
This is not financial advice
A very interesting company, that has had a declining stock price for the past couple of months even though nothing negative has affected the fundamentals of the company.
The company could be very interesting in the long term, and has dropped more than 6% today without any fundamental reason.
Technical reasons for my buying decision
1. price entered support...
WMT is a market leader and the trend is up. The US is soon opening up again, plus the americans just got 1.9 trillion USD.
Technical
- RSI oversold + rebound
- Trend line
- Fib retracement to the famouse 50% level
Why not?
The stock is in an uptrend, there is RSI divergence plus it seems to be oversold on the RSI.
If the trendline holds and the RSI returns to +30, I will consider buying for a long-term position or at least until the 118 is tested.
Fundamental:
P/E ratio of 16.9 vs industry average of 29.5
ROE of 44.5% vs. industry of 6.1%
ROA on 24.4% vs industry 3.8%
No debt
