Price has consolidating on highs for an extended period of time. This usually means that there is no high volume buyers at this price and it is the retail traders buying and selling in this price range. Remember: Trend is your friend, SL is your best friend.
CAT has been on long bull run and the minimal higher highs are indicating a bearish move. This can be a short term correction or consolidation of highs in the bigger time frames. Remember: Trend is your friend StopLoss is your best friend.
It is almost impossible to have %100 accuracy for trend prediction however not getting disappointed by a loss, observing capital management and always always having a stop loss keeps you in the game. Remember market is a long run game where those who manage to survive make profit.
Looks like a solid reversal to me. TESLA and the EV companies should stop losing
Some of the Lithium stocks made a bullish move last week and looks like this one wants to follow its peers. Plenty of resistance here.
This gold and silver stock has an interesting behavior. Looks like the buyers are in a rush and in a short period of time the price had a good jump. Remember to put Stop Loss; Be patient; Be faithful to your strategy.
This cybersecurity cheap stock has been cheating me out two times so far hitting my SL. After a bullish engulfing and hitting all the SLs below that it seems like the reversal is happening right here. Always entering cheap stocks with low chips and using "doubling" strategy to cover the losses.
:) :)) :))) This is usually when the breakouts happen!
All the online education stocks have been gaining consistently during an economic crisis. Does anybody know why? As a price action trader I only look at the price. The news will come later.
Last two weeks we saw a jump in the natural gas stocks and ETFs and the oil based stocks were ranging or had a jump (like BP). This looks like a break out. Never forget to put SL
With the attacks of the American and British forces to the Houthis in Yemen one can expect a destructive retaliation by them in the supply of oil. Watch who can jump higher
Three is the charm. Clearly there are two higher lows and he comes the third one with tiny candles winking for a jump up.
Price has been consolidated for almost 3 weeks here. A decent buy with a decent risk/reward ratio. Trend is your friend; Stop Loss is your best friend.
A very strong rejection at Resistance 1 with a long shadow A higher low at Resistance 2 A classic rejection at 0.68 of Fibo Possible scenarions 1- Another retest of Fibo 0.68 and a jump up 2- Opening higher tomorrow and a shoot up 3- Ranging at the current price showing consolidation for buyers
A bullish penant pattern formed here. Price is kept under 0.68 of Fibo and it is a buy to me if it opens higher tomorrow morning Jan 5th. Trend is your friend Stop Loss is your best friend.
I see this more as an exciting reverse the trend entry. Entering with small volume and adding more if the trend decides to go upwards from here. As the world is trying to go green Natural Gas is the less polluting source of energy.