As you can see in the chart: The trend moves from the bottom left to the top right, which is bullish. We are above all SMAs, which are beautifully aligned. The correction seems to have exhausted its downward potential. Therefore, I've placed a buy stop above the recent highs. If those highs are broken to the upside, I expect another strong long impulse, possibly...
If the last daily highs are getting broken to the upside, I expect that we enter the "next rectangle" above. Supported by the SMA 30 and 50. One may hold this long position until the next earnings.
I've entered a long position in this charts. The reasons for this are the following: After the low of the 25th July this stock makes contineously higher lows A few days ago we had a bullish crossover of the SMA 30 and 50 I see the macro situation for US stocks in the following weeks rather bullish (the bullish Q4 is about to begin and the FED has lowered the...
See chart picture: It could be that the downwards correction of the last days is over now. So I placed a BUY order above the last high. If it's getting broken - I'm in and I expect the next bullish wave targeting the vicinity of the the former high from late July.
I've placed this order already several days ago. WeÄve got a bullish crossover of SMA 30 and 50. Prive touches again a resistance area around the 50% Fibonacci retracement around 240 USD. I expect this to break to the upside and then add to my position.
I've entered a long position in $QCOM. Charts looks bullish. The factors for this decision were the following: Price is above all SMAs (30, 50, 200) In the next days we should see a bullish cross of the 30 and 50 SMA The current low was made on the 5th of August, the next low on the 6th of September was significantly higher We have tested the resistance...
See chart attached. Price seems to have finished the downward correction. If the last daily highs get broken my buy stop limit gets triggered. I expect to ride this upward move until the next earnings in CDNS.
See chart setup. Bullish flag, current support by 30's SMA. If the last daily high gets broken I expect another impulse move to the upside and also a break of the double-top to the upside. Looks bullish. Wait and see.
See chart. If this bullish wedge/flag breaks to the upside (the last daily highs get broken) I enter long and expect another impulse move upwards. Theoretical we can also break to the downside a re-test the moving averages, so don't anticipate this move - wait and see. ;)
See chart. My buy stop limit order gets triggered if the price breaks the last highs. I see the price is getting supported, we've made a higher high and a higher low. So I expect that we reach at least the last high or, more probably, make a new higher high > 65 USD. We'll see.
As shown on the chart. If the highs of the last days will be broken (it may happen today) then my buy stop limit gets triggered. Expecting and extensive upward move during the next weeks. We'll see.
It's a beautiful horizontal correction over the last couple of days. If it breaks to the upside I enter long and expect another impulse move to the upside.
Porsche might fill the gap again and then I should be stopped in. Despite the fact that this stock is going down since a long time, I wouldn't hold it through the earnings which are coming up. So maybe the trarget would be the area around the local low.
Usually, I really don't like shorting stocks. But this time I couldn't resist in placing a sell stop underneath the current floor. At least till the earnings I could be short in DLTR.
Looks like XAUUSD has done an ABC correction to the downside, has re-tested no the 61.8 % fib retracement and the SMA 30. I've placed my stop underneath the 50 SMA - let's see how this works out.
see chart. inverse head & shoulders. broke SMA 30. Stop buy placed.
I'd really like to see a pullback into the support zone and a re-test pf the SMA 50 at least. Perhaps also a crossover of SMA 30 and 50. Then it would be nice setup. ;) The other option woud be to enter as soon as the price breaks the last local high. But then one got the problem that the next resistance zone is very near ... However, just my 2 cent on this.
Looks bullish. Long trade placed. But I don't risk to hold it through the earnings ....