Opening a small trade, and increasing position depending on what happens if it retrace to $1693. Critical level $1693
Price action at 1.105 is critical; - it would be too early for entry at current level. - PA near 1.105 would yield critical information
Facebook, still holds its strength at current level. - Long term bullish - Look for a pullback to buy Potential pullback levels $222 $200 $195
Price action near $57.5 will determine where it will go next. - it has shown strength when breaking through $57.5 on larger timeframes - NVO is a buy - A pullback to $57.5 would be a good long entry point, provided that there are no heavy sell off during this pullback. - new ATH likely, given some time.
Don't be tempted to chase the highs. Some investors are taking profit, but NVDA still a distinguished player in its markets. NVDA is trading at a fair price given its growth potential. - Long term bullish - look to buy on pullback for more preferrable trades key levels: $325 $307 $281 $249
- Fundamentally sound, good balance sheet - Trading at a perfect level right now, with a great RR ratio. - CEO bought million(s) in call options, expiring 2021. - Unlikely to trend much lower at this level.
- Key Level at $798. And there are no foreseeable news/events/factors that will give SHOP that push through. - Party's almost over. - SHOP will be going sideways or have a moderate pullback upon reaching $798. Take your profit.
- current technicals show weakness at the current level. - suggesting that MSFT may look for a short term pullback to $165 before heading higher. - long Term Bullish key levels: $185 $165
Fundamentals: BABA has been underperforming (in comparison to US companies positively affected by the COVID 19) Potical uncertainties (trade war), Chinese companies scandals (ex. LK), have deterred BABA from making all time highs, unlike Amazon. These factors cause low multiples. Healthy company, with strong growth. Big player in AI/Cloud, where gold...
- Best long term growth stock in my opinion. - Good prices to buy on pullbacks: $30, $25. - It will very unlikely to hit $25 again, but if it does, we've struck gold. - Don't chase highs (ie, don't buy now) - However good a stock might be in the long term, investors need to care about short term drawdown, especially at the beginning of a trade - it will affect...
Apparent Bearish Divergence, pick your indicator. Volume also not supporting the price level. It should be looking for a pullback soon to the 157 level. More downside if the level breaks.
Good risk reward on the technical side. Looking at the $16 price target. Potential to go higher on break.
Bulls of Tesla, beware. Good price level to dump stock and take profit. There will be opportunities to long Tesla, at a lower price level, but not now. Tesla is a great growth stock. Current price is relatively "Fair", but this is not a level that I would consider buying at.
Very apparent resistance level + the failed breakout: short SL:110.30 TP: 104.47 A great trade.
Targeting second target, info on chart would suggest moving SL to around .6980 for this second trade NOTE: Last AudUsd's chart title was supposed to say long trade instead of short trade
Depending on what happens around the yellow area. 1. If closing price breaks the support, sell limit order at 1.2658 SL ~ 70pips(or if day close above 1.2658) TARGET -> 1.2400 2. If support stands, go long , target 1.29930, SL IF day close below 1.2658
In a channel, can short to 1.3210, where I think the price will reverse, and will go long But for now, Short to 1.3210