pardis

pardis

As you can see, the chart has been in an uptrend for about 14 months. In my opinion, the market needs a break and a deeper correction. The rise may continue, but we must consider the high risk of long positions in our trades. Personally, I prefer to enter long trades with great caution. If a correction occurs, between 10 and 15 percent can be expected. Some...

pardis

As you know, most of the recent market growth has been due to the excessive growth of a limited number of companies, and this will certainly pose a risk to the entire market. Personally, I study market sentiment and the S&P 500 index before buying stocks. On the S&P 500 chart, after the 6030 level was broken and the pullback to it and having a trigger to enter, I...

pardis

After passing out of a price level, it’s retesting it, and the chart has reacted to that as a S/R level. I'm going to get my decision to buy new stocks if only formed a good bullish candle here above the support line. The time will be about15 min before the bell. If the chart loses this support, the next support will be the green zone.

pardis

Correction is the nature of the market. After above 3 weeks rising, now I suppose market needs a small correction wave. Although my positions are perfect but based on my strategy, I had to close them but please obey your method, and it is just by strategy. You can hold your positions, keep half or temporarily close them. After pullback I will get new positions....

pardis

Uptrend As is mentioned several times, working on pullbacks is one of the best strategies. Firstly. they are usually in a good trend. secondly after getting position, you will have a good and small spot for setting up the SL. As you see in the chart, there is a breakout and followed by a pullback, there is an engulf bull candle as a trigger to enter a buying position.

pardis

Uptrend Apple has received to a s/r level price and passing out of this level could make a good buying position. Confirming above the trend line with a good bullish candle will be a good trigger for to get a buying position by setting AL below the trend line and mid term target at about 300-310. Low risk traders can wait to a retest the get it but I will enter...

pardis

Uptrend It's been a small correction in this great uptrend, and I am waiting for a good bullish candle in this S/R level to get a new position on it. As you see in the chart, there are two Doji candles (neutral) on the line that means the power of Bulls and Bears are equal. Buy recommended after forming a good bullish candle.

pardis

Uptrend In my view, one of the best strategies is finding Pullbacks and getting position after a good trigger. As you see, there is a breakout from ATH and then a good pullback to broken level. There is a good candlestick trigger for entry by setting SL at about 25.4 or below the trend line. Next target can be about 35$.

pardis

Uptrend In my view the market is still inside an uptrend and this correction could be a small one and probably a pullback to a broken level. Although I engaged about 25 percent of my asset but I'm waiting for a good sign above the last top or on the green area to buy more.

pardis

Uptrend It seems, it is rising powerfully after a breakout and small pullback to broken level. High risk traders can get it regardless of the correction on indices. I suppose 58 can be a sure spot for setting up a SL and the next target has been shown on the chart.

pardis

Uptrend The market with corrections is more reliable than without them. In my view, this is a small correction and a pullback to a broken level. I am waiting for a reaction and a good trigger for getting new buying positions on the S/R zone between 5760-5790. And the market has not promised to listen to us all the time, so it can return right from here. Having...

pardis

Uptrend Breaking through the price levels has been a good opportunity all the time, especially after a good bullish candle. 462 was broken in the chart that was a resistance level by a suitable bullish candle. Next target could be 485 and guarantee your position with setting a good SL for your trade.

pardis

Uptrend It was a good breakout of a major price level by a bullish candle. There is a multitouch ascending trend line, but I do not suppose it causes trouble for rising. Next target will be about 189 and as always set up a sure SL for your position based on your strategy. Good luck.

pardis

Uptrend Based on my strategy, a new trend will be formed after breaking a trend line and then passing out of a price level. This chart has both conditions and if chart does not form a high shadow above today's candle, I will get a buying position by setting a SL at about 100. Next targets could be about 110 and 125. Good luck.

pardis

The chart has passed about 3 weeks climbing and after this rally and passing out of the all-time high, it seems it needs a small correction. The last candles have been small ones, and it shows they do not have enough power for rising. I am waiting for a small correction or probably a pullback to broken level while I sold some of my positions.

pardis

Waiting for breakout It can be the end of the correction after touching the S/R area. Based on my view, passing out of 5500 can be a green light for new buying positions on stocks. Although, the chart is very close to an all-time high and in these cases, the market has been fluctuated and the risk is a little high. Nevertheless, I'm going to buy some after a...

pardis

Correction After touching the ATH, the chart has started a correction wave and by high possible it will be finished about the green zone in the chart. Next week, you can look for signs to come back to uptrend again. This time is very good one for working on our watch list and finding the best chart that got less affection due to corrective wave on sp500. Good luck

pardis

Uptrend As I mentioned in my previous charts, one of the best cases for entry to buying position is a pullback and a good bullish candle on the S/R zone or line. As you see in the chart, there is a breakout, pullback and two bullish candles as a trigger for entry. Having a small SL is an advantage of working on pullbacks, about 29 could be a sure place for setting...