TradingNomadic

TradingNomadic

Could be a turning point for ETH, ill be following up with a full analysis later this afternoon!

TradingNomadic

Long CNSP to $4.12 above 3.50 CNSP has reentered a trading range if you look left. Symmetrical triangle formation, in confluence with the 786 fib, and monthly resistance levels. 100% measured move on the possible breakout would put us near $4.20, and just under a historical closing range at $4.32 Possible targets above that would be the 1.618 fib at 4.66, or...

TradingNomadic

#ENLV is in the news last week with regards to Covid-19 treatment. I would be looking at the 18.46 area for a retest, and possible entry if we find support. 100% measured move would take the breakout to 23.81 and ultimately that would be my first target. Id consider this trade still healthy above 15.49 and ultimately any lower than 14.54 i would stop out of a...

TradingNomadic

Im thinking we may see a potential top where we are at now, and give the 39,100 area a retest. BUT thats speculative, because of the moment and volume we are seeing, we may break the top of this channel and use the top of it as a new support line. 100% measured move of the breakout, would eventually take us to 46,800ish, with fomo and psychological reasons, we...

TradingNomadic

Snowflake has found support at 265 putting in a recent double bottom. Current resistance would be 318, with support at 298. Targets above 318 would be the golden mean reversal at 341, 360, 390, and eventually a retest of the all time highs at 428 We've broken the supply line with clear bullish divergence on the oscillators. Volume has slowed to the downside...

TradingNomadic

Bullish divergence on the RSI, 30M and 4HR. A lot of airlines are moving today as well which would make me a little more confident in this one. Stop out at 17.08 for quick trades If it doesnt hold up, buy target would be 16.60

TradingNomadic

LAC has broken the supply line coming off the highs of 28.72 We found support at 17.71 and again above 19.76 If we can break above 20.89, first target would be 24.76, and ultimately a retest of the resistance at 28.72 If we break support to the downside, there isnt much underneat us til we can to the bottom of the green range. Bullish divergence on the RSI but...

TradingNomadic

Id like to see support continue above $28.00 on top of the current support zone, and above the orange trend. The RSI is still cooling down a little and i wouldnt be suprised if we retrace further to the likes of 25.30 if we dont hold 28. Id expect trading to continue above the current trend line (Red), but if we fall below, id be watching for 22.69 for...

TradingNomadic

PIPP found some support just under historical resistance at 12.96 Trading slightly above range, and heading for a retest. Bullish divergence/confluence on the RSI First target if we broke above 12.96 would be 13.86 at the golden mean reversal fib, and above that id expect to see a retest of 15.32 where we would likely see some resistace at the orange trend...

TradingNomadic

Keeping an eye on CLA for a reversal above the yellow 1W trend, and support above our weekly resistance at 13.50 Last months open at 13.85 is currently our resistance, and again around 14.20 If you fall under either the weekly resistance or the green support line, id be bearish until we recovered. Depending on the trade, id consider 12.53 a good stop loss,...

TradingNomadic

IZEA is trading off the highs of January after being rejected by historical resistance at 7.10 Bullish divergence on the MACD and bullish RSI gaining ground. Currently trending toward our 1D resistance of $5.54, and seemed to have put in a double bottom above our previous weekly close but would not rule out a retest. The bullish shark harmonic and the golden...

TradingNomadic

Market cap: 105.86B Shares Float: 1.32B Short Float: 4% Short term target $60.00-$65.00 Weekly performance +8.74% Monthly performance +10.71% Uber has recently gained headlines tackling prescription delivery in NYC with Nimble, and now the Drizzly take over deal for alcohol delivery. UBER is less than a week out from earnings reports, and looks to be regaining...

TradingNomadic Updated 

#BLUE is a candidate I've been watching for weeks. Bluebird bio is bio tech company that develops therapeutics for genetic diseases and cancer treatment. I posted this one originally on the 19th. My personal target will be 113.47 but we could ultimately see $137-163 beyond that in time. First target id expect to see is 72.37 if it ends up playing out. The...

TradingNomadic

Above 2.63 (Golden mean) would be healthy if we can hold it. Confluence in this zone as well could be forecasting a bounce. Id be watching 2.06-2.20 range on the downside. Bearish bat target. 2.90 and 3.12 would be the top of the current trading zone, with targets from 3.55 to 4.45.

TradingNomadic

Nobody likes when they bears come out, unless youre short of course. Proper Bearish gartley printed on SPX, bearish divergence on the MACD, choppy waters ahead my friends. Be safe.

TradingNomadic

Im looking at this 4hour chart, and was cautious about calling it too early but i think if we can get above the 36,750 zone with some support and volume, we could be onto the next advance! We have broken out of the pattern weve been trading in. Divergence on the MACD, RSI breaking above the trend its been in. Im cautious of the 50MA, id like to see some trading...

TradingNomadic

OSTK has broken out of a bearish trend that has lasted since the highs of late August . I would expect price action to first target the support line at the .382 fib at 67.12 Looking at the gap we made in July of last year, i think we may go as high as 73.50 before too much real hesitation. This play has already matured substantially, but with a previous summer...

TradingNomadic

Could be a play to be made if we break that 618 fib and give confirmation to the reversal. Downtrend has been broken and trading has went sideways with lowering volume . Id keep an eye on the volume but the MACD shows bullish divergence , and the chart represents it clear.