Diving towards a strong key area with positive analyst expectations I would consider Baytex Energy as a possible buy. Areas plotted to look out for, combined with daily and weekly moving averages to be used as S/R confluences.
JPY pushing the forex market today. I'd consider this area as high chance pullback area.
Possible breakout coming at the beginning of tomorrow's session. S/R zones marked.
I'd see Tamarack Valley Energy have potential reversal point around these levels. Expecting a break/retest if this fails. Areas plotted to look out for, combined with daily and weekly MAs to be used as S/R confluences.
Autozone has been in a clear uptrend since March 2021 and I'd see this uptrend continue after possible pullbacks. Areas plotted to look out for, duplicated trend lines expected to work as S/R zones, combined with daily and weekly MAs to be used as S/R confluences.
Clear pennant pattern on 4h chart. Expecting a breakout in 2 days.
Areas plotted to look out for, combined with daily and weekly MAs.
Currently in a range (yellow box + small trend lines), key levels plotted to look out for, combined with daily and weekly MAs to be used as confluences. RSI & MS trending downwards, Stochastic suggesting upwards movement. Personally wouldn't pay too much attention to these indicators.
Expecting a bigger pullback to the downside from this current weekly S/R zone.
I noticed pretty clear pennant pattern on 1 hour chart waiting for a breakout. Not a signal, just something to be aware of.
In a 1h chart Tesla is currently in a consolidation. I'd expect a breakout in today's session. Since July Tesla has been trading in a big bullish flag (trend lines filled in blue), breaking above this formation should be seen as bullish indicator for long term trend. Areas plotted to look out for, combined with daily and weekly MAs to be used as S/R confluences.
Expecting bullishness despite the bearish indicators with a final target of 11,6 CAD.
News are shaking the price so good luck trying to guess the direction. Based on the trend lines I'd still expect upside coming in the next few weeks if we keep diving lower.
I am expecting bearish Monday for US30 since we are currently sitting at daily key level from Jan 2022. In case of breaking the current level I'm expecting this to increase the probabilities of the next zone to provide some good pips. Weaker zones below marked as possible targets, although I'd secure some of the profits much earlier.
After testing the strong daily key level multiple times the price is heading lower towards next support zones.
Currently in a downtrend, things might take a turn as we're going towards strong key levels.
US10Y has just recently broken a major support with a retest. This would indicate bearish sentiment targetting next S/R zones below with daily MAs.
Currently trading inside the resistance zone, these are the areas I'd look at next.