Hello
Buy Area - $58.50 - $59.50 Target Area - $61 - $62 (Although DISCA has been in a major bull uptrend for quite a while and higher prices should be expected in the future) Stop Limit - $57 Reasons to buy: Oversold Daily / 4 Hour / Hourly stochastics Just broke out of a triangle pattern up to the measured move for the breakout, prices are pulling back as to be...
Buy Area - $82.50 - $84.50 Target Area - $86 - $90 Stop Loss - $80 Oversold daily stochastics Rising support overtime price action is at the bottom of support line right now Historically gets a bounce on this support. EARNINGS ARE OUT AFTER CLOSE TONIGHT Hopefully good earnings will come from this and support this setup.
Oversold monthly stochastics.
Could this be the run to break the neckline? Starting a new primary trend in BTU.
Entry - $27.50 - $28.20 Target - $29 Stop Loss $26.5 Looking for a quick bounce in TSLA, daily stochastics as well as hourly oversold. Support rising over time. Such bounces occur historically from oversold daily stochastics.
Similar to what happened with BTU, CLF also failed to break the neck line so another logical entry point to buy more / back in. Corresponding to this previous idea
Corresponding with this previously posted idea Providing it doesn't breakthrough the neckline this would be a good area to buy back in
Buy Area - $20.50 - $24.90 or feel free to have a buy stop order at $26 to catch the breakout above the neckline Target Area - $30 Stop Loss - $20 Sloppy joe kind of inverted head and shoulders but regardless still looks like a good reversal pattern. Increased volume during this pattern and there is a higher trough than previous which hasn't happened in a long while.
Buying Area - $9.60 - $10.30 Target Area - $11.40+ Stop Loss - $9.20 Price action may drop down to the "Parallel neckline support" before making a run for the Neckline This may be a longer term setup
Place Buy Stop order at $40.20 and Sell Stop order at $39.30 ABC has been bounce in this trading range for quite a while now, it may either retrace back away from the resistance (this is supported also buy over bought stochastics) or it will finally breakthrough resistance and rally up to the most recent high above the resistance point. So setting those orders...
Entry - $9.40 - $9.50 Target 1 - $8.90 (Recent trough could prove to be support) Target 2 - $8.25 (Breakout point could prove to be support) Stop Loss - $9.70 Double bottom formed May - September Higher volume on first bottom Lower volume on second bottom Price action broke out on high volume and stopped right at the measured move for the double bottom forming...
Entry - $36 - $39 Target - $44+ (Could be the start of new bull trend) Stop Loss - $32.50 (Failure of head and shoulders would result in continuation of bear trend and probably a significant drop) Reasons to buy: Volume increase and falling price on left shoulder Volume decrease and price gains Volume increase and falling price on head but heavy volume Volume...