hi traders, Let's have a look at MRNA stock on the weekly time frame. As we can see, the price is retesting the COVID lows from 2020 which haven't been retested yet. The RSI is very oversold and we believe that the trend reversal is likely. Our strategy is to take a long position now around 55$. Stop loss should be placed below 50$ Our target is at the golden...
hi traders let's have a look at RIOT on 1h time frame. The price is at the upsloping resistance of the channel. This short position on RIOT is based on a bearish divergence with the RSI. Enter short at the resistance now. Take profit/ target: at the horizontal support (orange line), stop loss: 10,75.
hi traders Baba continues its pullback after an amazing rise. Bullish divergences on 15 minutes and 1h time frame. Time to bounce is now Good luck
hi traders, The price is locked in the range. Currently, the price is not far from the support so the long position can be taken. The price deviated but reclaimed support successfully so we're expecting a bullish move short-term. We target the top of the range. Stop loss below the support.
hi traders Let's have a look at SNOW on 1h time frame. Bullish divergences developed and it looks like SNOW will give us a small bounce soon Take a long position now. Set-up is shown on the chart. Risk-reward ratio: 2,51 Good luck
hi traders ARM has been in an uptrend and now the price is retesting the upsloping support. The idea is to play the trend continuation. Buy at the support now and sell the previous local high around 164. Stop loss may be placed around 131,67 The RSI is in the neutral zone. Good luck
hi traders The price created the downsloping channel and we are getting the breakout right now. The breakout is just happening so the long position can be taken now at 165$. We are expecting the uptrend to continue. The technical target for this formation is at 225$ which is corresponding with the previous ATH. The higher low shown on the chart confirms our...
hi Traders As we can see the price has been rejected multiple times at the downsloping resistance. We expect the price to retest this level again and get rejected. The short position can be opened at the downsloping resistance retest. The stop loss should be placed around 2672. Target: 2625. Good luck
hi traders The price formed the head and shoulders pattern. Not good for Bulls now. If it breaks down, we can see DIS going as low as 88,40$ -87$. This is the technical target for head and shoulders formation where shorts should be closed and bulls will start buying again. Good luck!
Hi traders, The price is inside of the rising wedge formation. Currently the price sits close to upslopping support and 200 SMA. It seems it is the right moment to take long position. Probable scenario is shown on the chart. Our target is at upslopping resistance. The invalidation of this thesis is break and close below the upslopping support.
hi traders Let's have a look at SONY on a 1D time frame. The price has been ranging. Well-developed bearish divergences are present. Either it will roll down from where it's now or it will give us a push towards the key resistance (top of the range). The speculative set-up is shown on the chart. The strategy is to short close to the key resistance and exit...
GOOGL is trading in ascending broadening wedges. Potential entry right now close to the upsloping support. Take profit at around 190 and the final target at 237$. Stop loss; 145$
hi traders, CBOE short position. RISK-REWARD ratio: 5,27 The strategy is to enter the short position at the resistance. Entry: 215,58 Target: 205 Stop loss: 217,62
The trade signal for ZIM Integrated Shipping Services suggests a short position at $23.57, targeting $19.43 with a stop-loss at $24.61. The resistance at $23.59 has been tested multiple times, making it a strong reversal point. The target is set just above the $16.99 support level to capture profits without risking a full drop, while the risk-reward ratio of 3.94...
W.R. Berkley (WRB) is an undervalued stock in the insurance sector, with strong fundamentals and positive earnings outlook, making it a potential buy, especially after the recent dip in price. A long position with a price target of $61.24 looks attractive, but setting a tight stop-loss around $50 is cautious to manage downside risk if the broader market remains...
hi Traders, We're analyzing the DOTUSDT Daily chart, and the price is now at $4.30 and has formed a falling wedge formation. If the price breaks out of the falling wedge , entering the long position will be justified. The technical target for this move is around $6.90. 3 more targets are shown on the chart The RSI is currently at 49 , which is still in the...
hi traders, XRP is getting ready for the next move. It looks pretty 50:50 to me so the best strategy may be to wait for a breakout in either direction. To avoid a fake-out, wait for a volume surge at the explosive breakout. Targets for long and shorts are shown on the chart. Good luck
hi traders Let's have a look at WMT on 4h time frame. The price was in the ascending broadening wedge pattern. It looks like the bearish divergence played out and we got the successful break-down. Enter the short now or wait for the price to retest the previous support and confirm it as resistance. Target for shorts: 76,66. Invalidation: If the price comes...
