The S&P 500 index is approaching a critical level, and if it successfully stabilizes above this threshold, we can anticipate further market growth. Meanwhile, the following stocks are experiencing pullbacks to previously broken levels. If these pullbacks are completed and accompanied by a bullish trigger, they may present attractive buying...
As seen in the chart, Apple has been in a corrective wave. In my perspective, the correction should be completed within the green zone. For now, following the break of the descending trend line and surpassing the $247 level, it could present a good buying opportunity. If this occurs, below the green area could be a suitable place to set up a stop loss. Potential...
As evident on the chart, the correction has concluded at the 50-61.8 Fibonacci retracement level. Additionally, the price is breaking out above a descending trend line and a minor resistance level. In my opinion, once we receive confirmation of a breakout above this level, it may present a compelling buying opportunity. Potential upside targets are approximately...
One of the best strategies is to identify areas where corrections have been completed. On the chart, a correction appears to have reached a key support/resistance area or multiple support zones. With a high probability of the corrective wave ending in this area, I'm waiting for a bullish trigger, such as a trend line or moving average breakout, to enter a...
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...
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...
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.
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....
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.
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...
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.
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$.
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.
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.
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...
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.
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.
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.