WTER has potential to test the resistance of a downward sloping trend line and possibly break thru it. David is a swing trader with over 15 years of experience in the equities markets. A promoter of proper Risk Management thru Position Sizing. His aggressive style has a conservative twist focused on trend reversal setups. This is perfect for active investors who...
STNG is attempting to break free of a possible Wyckoff Accumulation base, if successful, the projection based on Elliotwave theory, suggest the potential to return 4x the risk amount, if entered within the current price range. David is a swing trader with over 15 years of experience in the equities markets. A promoter of proper Risk Management thru Position...
SRNE is making a bullish move today, which kicks off the next series of waves to comp a comprise a 5th. Dave`s Aggressive Stocks @ GreenBridge Investing
from a falling wedge today! We were in @ $1.00 ... 2.75 makes a nice R/R target.
MOMO has broken free from a down trend line with a huge 14% move this week A pullback to retest support can be expected. We should start seeing higher highs and lower lows in 2021
The price seems to be reaching for T1 T3 will make a nice Risk/Rewards Trade
If that trend line holds, this one makes a nice Risk/Reward play.
Lots of potential in this ticker. It broke free of a trading range and pulled back, offering an opportunity to jump in.
.... using Price Action ... the SPY 296 area is the recent pivot low candle prior to a newer high candle.... a close below this area violates support and would suggest more lows are to follow. This is the area to watch closely and it would be a conservative location for a short position, with a stoploss slightly above the recent high.
Possible trend reversal in play.... The targets on the chart are near term.... Mid term target is 59.00, and the Looong term is a whopping $129
a Trade Idea ....after a break of the downtrend line and retest its support
price has broken free of a downtrend line, 3 x return on risk is in the 3.70 area
wave 2 may be complete, 3 x Risk can be acquired in route to wave 3, making it a great risk/reward trade idea.