2 HR Chart
10 SMA broke through 100 SMA on the 2 hr chart. Entry would be when slow stochastics reaches and bounces from oversold on 2 HR. If the 10 SMA holds above the 100 SMA then there is a tremendous amount of upside.
Looking for RBLX to hit the Upper Bollinger Band.
Confirmation happened, can open trade, preferred entry $50.50-51.50.
Stop Loss $47.
Target Upper Bollinger Band (Currently $76.88) - Target will be dynamic.
By the way - this is not investment advice...
Looking for AFI to hit the Upper Bollinger Band.
Confirmation happened, can open trade, preferred entry $1.54.
Stop Loss $1.47.
Target Upper Bollinger Band (Currently $1.89) - Target will be dynamic.
Would like to see a little higher volume.
By the way - this is not investment advice...
Looking for AVYA to hit the Upper Bollinger Band.
Confirmation happened, can open trade.
Stop Loss $12.86.
Target Upper Bollinger Band (Currently $18.26) - Target will be dynamic.
By the way - this is not investment advice...
Looking for ROKU to hit the Upper Bollinger Band .
Confirmation happened, can open trade, preferred entry on next break between $128-$133
Stop Loss $125.
Target Upper Bollinger Band (Currently $181) - Target will be dynamic.
By the way - this is not investment advice...
Looking for RXT to hit the Upper Bollinger Band.
Confirmation happened, can open trade.
Stop Loss $10.65.
Target Upper Bollinger Band (Currently $13.83) - Target will be dynamic.
By the way - this is not investment advice...
Looking for DKS to hit the Upper Bollinger Band.
Confirmation happened, can open trade
Stop Loss $100.
Target Upper Bollinger Band (Currently $120) - Target will be dynamic.
By the way - this is not investment advice...
Looking for MTTR to hit the Upper Bollinger Band.
Open if price hits 3 Day Avg of High.
Stop Loss $6.05.
Target Upper Bollinger Band (Currently $9.68) - Target will be dynamic.
By the way - this is not investment advice...
A break above $14.60 can start a move to the upper bollinger band around $19. The stronger the move above $14.60 the higher the likelihood of hitting the target. If it doesn't break above $14.60 then the target is void - no trade.
Positive set up for short term.
10 MA > 18 MA on 2hr and 1D
Price > 18 MA on 2hr and 1D
Momentum turning up on 1D
Target upper Bollinger Band at $2.64 on 1D
Buy at $2.18-$2.22 range, stop loss at $2.08
Looks like we will get some action one way or the other. Watch for volume confirmation to either upside or downside. If breakout is confirmed with volume to the upside then there are 2 targets marked by dotted lines on chart. If price stays in the channel and breaks to the downside then target is the bottom of the channel.
The Weekly chart is showing Silver approaching a Golden Cross. Silver had a huge run last time that happened on a weekly basis. Red Trend Line - 50 DMA, Green Trend Line - 200 DMA.
The Gold/Silver Ratio looks to be getting to extreme levels. Whenever Silver recovers compared to Gold it should be a pretty impressive move.
Can the G/S ratio get higher? Of course but eventually it will revert back to more normal levels.
Although Silver has been weaker during this last upward move, I would think Silver would outperform Gold in the next move.
Watch closely the pink trend line. If it can hold the support then should have some room to the upside. Don't lose site that the Gold/Silver ratio is over 80 so Silver has been a little sluggish.
