p4917

p4917

I've placed a speculative limit order to enter LSCC long. The reasons: The price formed a double-bottom pattern in August and September, which was broken to the upside. After reaching the last high on September 27th, the price corrected downwards, making nearly a 50% price retracement. The moving averages have made a bullish crossover. The 50-day SMA now...

p4917

I entered a long position in the NASDAQ:QQQ ETF a few days ago after the price pulled back to the previous high. It was a slightly premature entry, as the price continued to pull back to the 50% retracement level of the last bullish move. 😉 The overall chart looks a bit exhausted from the bullish run following the August low, but I still expect the NASDAQ to...

p4917

I’ve entered a second LONG position in NASDAQ:QCOM after the first one was stopped out. See the chart for details. The price retraced back to the entry level yesterday, but now it seems like the bullish move could begin. After breaking through the resistance area (marked by the red rectangle), I expect bullish momentum to increase. By then, the SMAs should be...

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I'll ride the uptrend if the price breaks the last daily highs. Correction seems to be over. SMAs looking bullish

p4917 Updated 

As you can see on this daily candle chart, after the pre-earnings low of $20.17, the bulls have taken control of the price movement in $DGII. It seems we have now corrected this upward move sufficiently, so we may be ready for the next impulse. The price is currently sitting on a support cluster and is supported by the 50- and 200-day SMAs. If the 30-day SMA is...

p4917

The price has corrected to the 50% Fibonacci retracement and seems to confirm the bottom now. The SMAs 30, 50 and 200 are aligned bullishly. The next wave in direction of the previous high seems to be likely.

p4917 Updated 

**Scenario:** The 30-, 50-, and 200-day SMAs have been perfectly aligned for a bullish move for the past few days. Since the low point in August, the price has been making higher highs and higher lows, indicating a bullish trend. The seasonality in NASDAQ:MSFT (bullish Q4) is about to begin. The last bullish wave has already been corrected by 50%,...

p4917 Updated 

The likelihood of a bullish move now is getting more significant. Reasons: After the low on September the 11th the price conducted a bullish move and has been in a sidewards consolidation since September 19th. On the last trading day the 30- and 50-day SMA made a bullish crossover. Now, all the SMAs are aligned bullishly. The last trading day also produced...

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As seen on the chart, if the 23.6% Fibonacci retracement is broken, I’m positioned long in $EXTR. Additionally, the 30-, 50-, and 200-day SMAs are perfectly aligned. Ready for Uptober?

p4917 Updated 

A few days ago, I entered a long position in $MSI. The sideways correction that lasted most of September seems to have been broken. The upward impulse was followed by a correction over the last few trading days, making it appear to be a good position to enter the trade. The bullish trend has been ongoing for several months, with the SMAs beautifully aligned. I...

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I see a strong likelihood that the price will initiate its next bullish move from this point. After the previous upward movement, the price corrected downwards over a period of 8 trading days, found support at the 30-day SMA, and formed a hammer candle on the last trading day.

p4917 Updated 

See chart attached. Speculative long order placed. Let's the if the last highs get broken (and with it also the SMA 50 ). Then I expect also that some gaps in this chart are getting filled. ;)

p4917 Updated 

I've entered a long position in $ORLY. Since this US stock reached its high in late July of this year, it has been continuously in a sideways correction, which is very bullish. In the last few trading days, it broke out of this channel to the upside and re-tested it on the last trading day. The price is currently supported by the 38.2% Fibonacci level, the upper...

p4917

The correction of the last bullish wave appears to have ended. A speculative long entry can be considered if the previous daily high is broken. The 30- and 50-day SMAs are perfectly aligned in a bullish configuration.

p4917

As shown on the chart, a speculative long order has been placed. The price is currently still below the resistance zone, but I anticipate a break, as this zone has been tested multiple times. Additionally, this stock has been in a consistent bullish trend since early July, supported by the 30- and 50-day SMAs.

p4917 Updated 

As shown on the chart: If the 50% fib retracement breaks to the upside, I expect that this downward correction is over and will enter long with a stop limit order. The price will be supported by the 50's SMA (blue) and I expect that we see at least the last high. Maybe the price will climb higher. We'll see.

p4917

Another NASDAQ stock, which looks promising! Since the low from mid-June, this stock made a nice bullish move but formed and tested a resistance area in September . I've placed my buy order above this area - if it breaks, I expect a continuation of the bullish trend in October. Because of the US elections, the FED meeting, and the earnings date, I would rather...

p4917

Check out the price action in this chart! We’ve perfectly corrected the last upward impulse and landed at the 61.8% Fibonacci retracement. The price is supported by a horizontal support cluster . On the last trading day, the price tested the 50-day SMA precisely. So, IF last day's high and the 30-day SMA are broken to the upside, I expect the next...