BTCUSD is clearly in a trading range, with a clear resistance at $4300 and a semi support level at $3655. Stochastics has room to move lower which suggest that we will test the support level before bouncing. Volume spikes indicate some accumulation. 20 and 50ma flatlining. I’m not interested until BTCUSD it hits reaches the the upper and lower red trendlines. If...
Wow! So far our technical levels that we plotted on last week chart worked perfectly. After ETHUSD touched the 200ma, 165 resistance level, and upper channel trendline it has fallen more than 20% in less than day. Now price is flagging toward the downside. $125 could be a significant level of support.
Symbol STLD setup flag Upcoming Earnings Jan 29, 2019 (EST) Apr 17, 2019 (EST) Horizontal S&R: yes Channel S&R: no >20 & 50MA S&R: yes >200MA: no Volume confirmation: no breakout vol. over 1. Candle Confirmation: yes Stoch Divergence: yes embedded Reg Trendline >85: no Short Float: 2% Entry 37.6 Stop 35.5 Price Target 41.8 Risk /...
Trading lesson: As anyone who watches crypto on a regular bases knows, is that they all basically trade together and are highly correlated. Therefore, when we see an impressive move in one crypto it is often helpful to see which crypto was is the leader and which is the laggard. In the latest bullish moves in crypto ETH is the clear leader starting its bull run...
Trading lesson: As anyone who watches crypto on a regular bases knows, is that they all basically trade together and are highly correlated. Therefore, when we see an impressive move in one crypto it is often helpful to see which crypto was is the leader and which is the laggard. In the latest bullish moves in crypto ETH is the clear leader starting its bull run...
XRP has several interesting formations that are worth discussing. Triangle / double bottom - bullish -XRP is trading in the triangle apex with growing buying volume. -One of my favorite patterns is a double bottom with in a larger double bottom with confirmation from Stochastic and Oscillator divergence. -There is obvious resistance at .38, .46 and .50 with...
Lately several people have noted the wedge formation that has formed over the last couple of months in BTC. The wedge has some positive traits: 1. A tapering of sell volume followed by some large spikes of buying. 2. Formation is fairly clear on both daily (5 touches) and weekly charts. 3. 6000 seems like an obvious level While on the surface it seems like a...
Symbol LULU setup flag Upcoming Earnings Jan 29, 2019 (EST) Mar 26, 2019 (EST) Horizontal S&R: yes Channel S&R: no MA S&R: yes >200ma: yes Volume confirmation: ok Candle Confirmation: yes Stoch Divergence: no Reg Trendline >85: no Short Float: 4% Entry 153 Stop 143 Price Target 173 Risk / Reward: 1:2 Zacks Rank: 2-Buy 2 Style Scores: F Value | A Growth | A...
Symbol DXCM setup flag Upcoming Earnings Jan 29, 2019 (EST) Feb 21, 2019 (EST) Horizontal S&R: yes 138 Channel S&R: no MA S&R: yes bounced off of 20ma >200ma: yes Volume confirmation: ok Candle Confirmation: yes morning star Stoch Divergence: no Reg Trendline >85: no Short Float: 7% Entry 152 Stop 137 Price Target 182 Risk / Reward: 1:2 Zacks...
Symbol FTNT Upcoming Earnings Jan 29, 2019 (EST) Jan 29, 2019 (EST) Horizontal S&R: yes Channel S&R: no MA S&R: yes >200ma: yes Volume confirmation: yes Candle Confirmation: yes Stoch Divergence: yes Reg Trendline >85: no Short Float: 13% Entry 71 Stop 64 Price Target 87 Risk / Reward: 1:2 Zacks Rank: 3-Hold 3 Style Scores: F Value | A Growth | D Momentum...
Symbol AMD Upcoming Earnings Jan 29, 2019 (EST) Jan 29, 2019 (EST) Horizontal S&R: yes Channel S&R: no MA S&R: yes >200ma: yes Volume confirmation: no Candle Confirmation: yes Stoch Divergence: yes Reg Trendline >85: no Short Float: 13% Entry 20 Stop 15.75 Price Target 16 Risk / Reward: 1:2 Zacks Rank: 3-Hold 3 Style Scores: F Value | B Growth | F Momentum...
Symbol PAYC Industry: Industry: Internet - Software EPS due date: Feb 05, 2019 (EST) Horizontal S&R: yes 118 Channel S&R: no MA S&R: yes >200ma: yes Volume confirmation: no Candle Confirmation: yes morning stars Stoch Divergence: no Reg Trendline >85: no Short Float: 8% Entry 124 Stop 110 Price Target 150 Risk / Reward: 1:2 Zacks Rank: 3-Hold 3...
Symbol PAYC Industry: Internet - Software EPS due date: Oct 30 AMC Horizontal S&R: yes Channel S&R: yes MA S&R: yes >200ma: yes, bounced Volume confirmation: ok Candle Confirmation: yes, morning star Stoch Divergence: yes Reg Trendline >85: n/a Short Float: 9% Stop Price Target Risk / Reward: 2:1 Zacks Rank: 2-Buy 2 Style Scores: D Value | B Growth | D...
Symbol FIVE EPS due date: 11/29/18 Horizontal S&R: yes Channel S&R: yes MA S&R: yes >200ma: yes Volume confirmation: huge Candle Confirmation: no Stoch Divergence: yes Reg Trendline >85: 88 Short Float: 14% Stop 108.5 Price Target 134 Risk / Reward: 2 Zacks Rank: 2-Buy 2 Style Scores: F Value | B Growth | C Momentum | C VGM Industry Rank: Top 27%(70 out of...