Power Hour - Looking for a final hour Rage Trade
I charted out Bitcoin and it looks like it is sitting right on it lower trendline . It makes me think there is a chance for a bounce here but I have seen it time and again that on the third try, the channel break downward. I would look for a break of the channel, potentially going towards the 50 days moving average.
I charted out Bitcoin and it looks like it is sitting right on it lower trendline. It makes me think there is a chance for a bounce here but I have seen it time and again that on the third try, the channel break downward. I would look for a break of the channel, potentially going towards the 50 days moving average.
Bitcoin BTCUSD looks to be oversold on the hourly stochastic. We have a rotation back up and I am looking for a bounce. It looks like we have a X mark the spot set up where we have a rotation on the stochastic and support of a lower channel line.
Bitcoin BTCUSD is looking like there is stochastic momentum and triangle & channel breakout that is currently happening. Starting to see the breakout happening right now. I am looking for a slight breakout on the hourly stochastic. The hourly chart and overall trend is still bearish. This is a trade on the hourly time frame and might rotate back down once the...
Bitcoin BTCUSD is looking like it is setting up for a lane divergence on the 2 hour time frame. A lane divergence is where the price makes a lower low but the stochastic is making a lower high. This is one of the best reversal set up out there. On a two hour time frame this could potential lead to $1000 change in bitcoin price. This is one of the best long set ups...
Bitcoin BTCUSD is preparing for a breakout of the downward channel. The hourly stochastic have rotated backdown and are beginning their rotation back up. We have momentum behind us for a big move. The biggest obstacles right now are the MA. I am looking for a quick rotation back down on the 5 min stochastic, possibly a retracement of the channel breakout and a big...
#BTCUSD Both the Daily and Hourly Stochastic are providing a double sell signal. The 10k limit was a huge hurdle and the goal for bitcoin for some time. It was reasonable for it to explode past the 10k mark to above 11k. Now we are seeing some technical bearish sign. I am looking for a pull back and will look to re enter when the stochastic begin to rotate back up
I am looking for Gpro to make a 60 min stoch reversal. Right now we are in a flag and I am looking for a breakout of the flag. We bounce off of the lower channel line and are now looking bullish on the 60 minute with a cross over on the stoch. I would like to see us retest the recent highs. Possible get a short squeeze into earnings. We could see a $2 move from...
I am looking for Apple to one again bounce off of the main channel line and 50 MA. It is a high probability set up on the hourly as well. We are currently over sold on the stochastic and are rotating nicely back up. We are also over sold on the RSI. We are currently in the buy zone and looking for us to move up again to the 128 area. This area has a big volume...
I am looking for AAPL to continue its downward move for the next week or two. I am looking for a great reversal set up. Multiple Set Ups. 1: Oversold on the Stochastic Reversal. Looking for the daily to get oversold and a turn up on the stochastic could align with. 2: Small Flag Break out: Looking apple to break out of the small tight flag 3: Channel...
I have been following GPRO for a while and it has been patterning out pretty good so far. It has stayed within its channel lines. What I like about GPRO right now is that it has not broken down yet. What I am looking for is a one last flush down with a reversal candle. I have set up Buy Triggers. Buy Trigger 1: I have a Buy Trigger 1 at the old support lines...
3/5/15 Update We Keep Knocking on the door of the wedge and are turn back each time. Once again that is why we have a trigger on rather then a buy signal on a range. Until we break out of this wedge we will continue to roll over. I am looking for a rotating back down on the 30 minute stochastic and the a pull back on the hourly and the final rotating back up for...
I have been breaking down GPRO for a couple of weeks now. Looking at how it might follow a similar post lock up trend that TWTR has. For the most part it has done very similar things. Most importantly I have been trying to help people out on where GPRO might fall to and bottom out at. I am looking at GPRO to be a great long because while its P/E might be at...
These are my notes on my other chart about GPRO will follow TWTR's post lock up trend. But this chart is just the GPRO chart. I was hoping that Gpro would flush on the lock up in order to find support on its lower trend lines. Instead we got a rally then a dump. I wanted to see a dump to a trend line then a rally so the trend would now be up rather then down....
(Updated from earlier today because I readjusted the Channel Lines and looks like possible lane divergence on Daily could be setting up) This is a quick follow up to my GPRO will follow TWTR's post lock up trend. I was hoping that Gpro would flush on the lock up in order to find support on its lower trend lines. Instead we got a rally then a dump. I wanted to...
This is a quick follow up to my GPRO will follow TWTR's post lock up trend. I was hoping that Gpro would flush on the lock up in order to find support on its lower trend lines. Instead we got a rally then a dump. I wanted to see a dump to a trend line then a rally so the trend would now be up rather then down. But overall gpro is still following what TWTR did...
I am looking to buy FB right now based on the fact that we have a lane divergence (Lower low on price but higher low on the stochastic and we are also set up on the 60 min time frame to rotate to the upside