NoCeilingsTrading

NoCeilingsTrading

-Possible Inverted Head and Shoulders formation -depending on the RBA announcement later today, may cause a huge move. As you may notice my original entry was horrible, but I added a few more entries once, i realized what was happening.

NoCeilingsTrading

UPCOMING EARNINGS!! With earings on Apr 24, I think they will miss, due to the stay at home ordes b/c of the coronavirus. -I'm sure a large number of customers are choosing to defer their payments, ultimately affecting AXP revenue. - Am. Express has been on a nose dive since January - it found resistance at the 38. 2 level and im riding it down back to 68-70...

NoCeilingsTrading

I am going to wait for netflix to pull back and tesst the previous high. As of now, it appears that netflix may have a double top candle formation at the moment. Upon the test of the high i'll enter a long position. It may take a while to pullback, but netflix is defintely bullish in my opionion. Feel free to Like or comment.

NoCeilingsTrading

Monthly Time Frame GBPCAD is looking like it is setting up to be a possible swing trade to the downside. Price has been respecting this zone for a few months price is in an overall downtrend as of now with 10 days left in this month, price may be looking to move to the downside -makeshift head and shoulder pattern -double top I'll update this soon... As of now...

NoCeilingsTrading

Gold has respected the supply (resistance) zones for several days now. After a double top formation, there was a huge sell off. I'm expecting the sell off to continue, but after a big move like that, I am expecting a possible retracement to test the neckline of the double top. I'm expecting price to meet resistance (since it once served as support) at the neckline...

NoCeilingsTrading

Although, GA is currently strong downtrend overall, it has presented a current buy opportunity. - The weekly time frame, there was a hugh sell of last week. And after a big push to the downside, this week candlestick is ending in a doji. It has respected and found support at th 38.25 fib level. It appears that it is time for a nice size retracement. -...

NoCeilingsTrading

My bias on Apple's stock is overall bullish. Apple is set to release earnings on April 30 and from a technicals perspective I think they will beat earnings sending the stock price $310-330. Apple has been on a solid up trend since june of 2013. The beginning of April/end of March, apple completed an inverted head and shoulders pattern, respecting the 50% fib (not...

NoCeilingsTrading

Given the current pandemic, I still have a bearish outlook on US30. The effect it's having on the economy is just beginning, IMO, things may and can get worse, but we'll have to see about that. As you can see, it was a rising wedge, then it sold off a decent amount. Price is currently in a demand zone ( former support) and is having trouble breaking through. I...

NoCeilingsTrading

The past few days, GJ has had trouble breaking the 135.00 quarter point level. With a break of former structure, it has now retested the 50% fib level and now looking to continue selling off. Also there is a double top candle stick pattern on the daily, followed by a bearish engulfing candlestick for the previous day. ON the 4hr time frame there is another double...