With confirmation of a recent golden cross, we are now awaiting for price to retrace and confirm rejection/support on trendline. SSB: Ensure all/most indicators are bullish upon entry.
Awaiting for price to retrace and confirm rejection/support on trendline. SSB: Ensure all/most indicators are bullish upon entry.
Will be watching closely when price enters the untested DZ and testing the historical mthly pivot. Will only be taking on a long position if price is successfully rejected in H4.
Someone requested I look into NI and here's my feedback; 1) As much as possible, we want to avoid stocks that have a history of Price Gaps as we wouldn't want to be caught in a situation where we're more than 1R in a loss. This really messes up our risk-reward ratio. 2) It came to my attention that this looks suspiciously like a rising wedge. If we go back to...
Beating earnings est., LNT is bound to continue it's trend up. Awaiting for price to retrace and confirm rejection/support on trendline . SSB: Ensure all/most indicators are bullish upon entry.
Awaiting for price to retrace and confirm rejection/support on trendline. SSB: Ensure all/most indicators are bullish upon entry.
As the last trade setup for NZDJPY was invalidated, let's see if price reacts to the next SZ & Pivot as charted. It will be a short term trade as we are expecting prices to go higher in the longer time frame. Let's see if we are able to bank in some profits in it's retracement.
Similar setup as before. Waiting for price rejection in the SZ & Pivot . Execution on Daily upon confirmation.
*SSB Grad Contribution* Price surged after earnings report was released. Let's wait and see if price is able to break resistance and confirm support & breakout.
A potential move up for ABMD. SSB: ATR for risk and TP before recent high as charted.
As price breaks the weak SZ, it is now entering a relatively stronger SZ with multiple MTH Pivots. Will take on a short position once rejection is confirmed.
With positive earnings reported last week, XRX has been on an uptrend which has been confirmed by the golden cross of 50/150 SMA. SSB: With all indicators bullish, let's wait for confirmation before entry.
Similar to EURUSD at the current moment, will be monitoring closely the price action in the DZ & Pivot.
*SSB Grad Contribution* Price has broken above resistance. Wait for retracement and entry confirmation. Although EXC's historical high was $92.13, do take caution of the recent high of $45.05 as there will definitely be price reaction at that level.
With a SZ that has been tested 9 times, let's monitor if price still respects this zone. Will be taking a short position with a confirm rejection.
*SSB Grad Contribution* Price has broken resistance and a bullish candle has formed on the last trading day. 50SMA has just crossed 150SMA indicating a change of trend.
*SSB Grad Contribution* Caution: Earnings will be on 2nd November. If there are no immediate trade opportunities for this one, just skip but do observe what price does after their earnings report.
Waiting to see price rejected in the SZ & Pivot. Execution on 4H.