I forgot to publish this idea on Friday morning. We saw this during pre-market and took long positions immediately. Wise to wait for pullback before entry here as Friday's candle moved quite significantly. Happy trading.
I've been shopping around for some quick cash today. I found a sheep wondering about in the woods. Alphabet Inc. has been doing quite well recently. This could be an opportunity to turn a profit with its retracement. Once that is dusted, we going to take the long side and hold. If you would like to take this trade with us, please use strict money management....
Here is a good enough shorting opportunity. Marathon has been on a rally for a bit now. Looks like it might be tired. Soon as market opens tomorrow, We are shorting the heck out of this stock to $16.91. That is, unless we see something else. Happy trading.
A very interesting structure Facebook has formed. Looking to position ourselves for the long side. Think we're in over our heads? Happy trading.
I have not seen this pattern in a while. Let us see if it will complete. Happy trading.
A textbook E. Wave correction continuing here. We will not let it go. Happy trading.
Great setup Amazon has formed. Very late here, but hey...we can still catch the train. The 3247.51 support held its ground. We reckon this stock will keep on its rally until around $3906.99. So, we are for buying opportunities on lower timeframes to ride the wave until $3905.00 with a stop @ $3063.06. Be carful out there. Happy Trading!
The recent AIL pullback to the 200EMA seems to be over. The stock seems to be finding support at the demand zone too around the same price zone. Our money, here, is for the upside as technical indicators align. At market pre market today, 08H00 CAT, we will look to get two orders in here. 1. @ R3.25(61.8 Fib retracement) 2. @ R3.06. Both positions with 1.5%...
SSW looks tired of climbing. We'll be looking for shorting opportunities here.
Caught this one late. Wish I saw it at the right shoulder. Looking for more reasons to go long on this stock.
ARC looks very appetizing to me. I am not 100% sure about my wave count, but I think we are about to experience a good Motive Wave (5) all the way to even 410. There is a trendline from around 16 Oct '17 that the stock could break. We can not miss out on this one.
Looking into local markets, the Capitec stock looks like it is trying to complete a 5 Wave cycle inside this mess in which its been stuck. Going long as soon as the JSE trading session starts at in about 4 hours.
The Dax ended its Motive Wave rally in an ending diagonal. Its breakout from the ending diagonal -M.W. (5) - confirms the correction. We could experience a small drop and up to form Corrective Wave B before going to complete Corrective Wave C. I will take another short at B. Targets can be at the end of Wave (4) and account protection orders above M.W....
I'm expecting Crude to continue this drop to Correction Wave C. I took a short at CMP and placed an sell at around 61.8% Correction Wave A from swing high 43.75. Please feel free to comment with your view. I shall try to respond. Be careful out there. Happy trading.
I caught this one a bit late in its move. Hoping it will be a birthday luck kind of thing. Happy trading. Happy trading.
SSW has been on an uptrend since March 19th 2020 completing a beautiful Elliot Wave pattern. Recent price action shows signs of a correction of the uptrend. I shall be looking for shorting opportunities here. For now...it's nap time. Happy trading!
My last trade on TESLA went south. Hoping to catch it this time. Let's make some money with wave C.