Please excuse the very rough drawing of the Cup and Handle pattern. I used the drawing tool so the candles didn't all fit.
Crossed up on the top half of the Handle, bullish signal.
The daily shows good RSI, with another bullish signal in the future for more buyers whenever it crosses the 200MA.
Been bouncing around this 24.00 support line (noticeable on 1hr...
Mainly just thoughts, have yet to do the F.A.
1. Bullish Golden Cross 50/200 crossing
2. RSI got hot quick but it's cooling off, I could see another try to stay above 120 (200MA) on 5/25.
3. I see the reversal and hopeful entry point of 114 (bottom white line)
4. Stop Loss would be crossing below 20 MA
5. Daily shows that 200MA is around 142, could be where I...
Potential set up for Cup and Handle on THCX, still have yet to do my fundamental analysis but based on technicals this could be a good summer play. (If you're into the FIB support lines then based off of the recent high, the top support line also matches right up with .236 line.)
Some quick thoughts:
1. With summer rolling around and more people heading outdoors...
Planning to hold as a growth play, will be buying around 48 and holding to the clear price "consolidation" areas at 54, 64 and 71.
Starting with caution, other patterns show further drop so will be looking for further long positions.
Main reason for buying is I'm trying to get in front of the inevitable hype that will come to this stock once people realize...
I will be testing out the Death Cross pattern with $UN paper trading. History shows that UN usually will go down the day after - 2 days after the pattern is complete, reaches it's low a few days later. The goal is to reach $53, right where it was before it blew up last month from earnings
50MA about to cross up on the 200MA, bullish signal.
Entry is yet to be determined, Stop loss will be the 200 MA.
First goal price will be $27 (or $25 since there's a pretty noticeable resistance line right around $25)
**INCLUDED CHART WITH CANDLES TOO*
I am taking a long position in netflix based off of the 9/30 strategy. The 9EMA is crossing up on the 30WMA, which is a bullish signal.
entry: $489.11 Stop-loss: 480 (based off of the 50 day MA)
My first goal price (easy because I'm still testing the strategy): $495
My last goal price is $509. I believe it will bounce...
I bought 100 shares at the arrow I planted, I believe that Ebay has reached t's day low
Stop loss 54.99, I didn't give myself much lee-way.
News surrounding ebay isn't terrible, they have a potential to reach a new high
****ALSO, waving bullish flag pattern just under the arrow, we'll see what happens
Just messing around with a new strategy, posting in case it works.
I plan to buy at 1 and then hold until the stock reaches it's 200 MA
1. Buy 50 shares at 1 (green line) and set stop loss $1 below
2. Watch at what stock is doing at second green line, sell 1/3 possibly
3. If it reaches this area I will watch a little more closely
4. Sell my...
1st signal - Crossed top green line for first time since the 15th of June
2nd signal - Doji Candle Pattern just before crossing (Orange Arrow)
3rd signal - Crossed 200 MA
RSI isn't too hot, I plan to hold until 300 or until I belive it'll start to head down again.
First goal price is sort of high at 280
Stop loss is 274.04
Like and follow!
I have been watching $ANTM very closely for a little while now and I believe that it will rise up somewhere near it's previous high of 300. There is a chance that it will go higher than that, considering there's no telling what will happen in the next coming weeks involving the corona and a potential second lockdown in Indiana. (ANTM is an Indiana company)
