Amazon - 30D expiry - We look to Sell at 124.94 (stop at 130.11)
A bearish Head and Shoulders is forming.
Selling continued from the 50% pullback level of 123.92.
Bespoke resistance is located at 125.00.
Resistance could prove difficult to breakdown.
Daily signals are bearish.
128.99 has been pivotal.
Our profit targets will be 113.22 and 109.22...
Lufthansa - 30D expiry - We look to Buy at 5.033 (stop at 4.789)
Trading close to the psychological 5.000 level.
Short term bias is bearish.
Support could prove difficult to breakdown.
Support is located at 5.000 and should stem dips to this area.
Dip buying offers good risk/reward.
Our profit targets will be 5.747 and 5.937
Resistance: 6.000 / 6.300 /...
Litecoin - Intraday - We look to Buy at 52.51 (stop at 50.98)
We are trading at oversold extremes.
The trend of higher lows is located at 52.50.
We look to buy dips.
Bullish divergence can be seen on the weekly chart (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction...
Netflix - Intraday - We look to Sell a break of 214.49 (stop at 224.21)
Price continues to trade within the triangle formation.
Posted a Double Top formation.
Trend line support is located at 218.00.
A break of the recent low at 214.69 should result in a further move lower.
214.69 has been pivotal.
Daily signals are bearish.
Short term momentum is bearish....
Total Energies - 30D expiry - We look to Sell at 49.98 (stop at 51.21)
Weekly pivot is at 50.34.
Trading close to the psychological 50.00 level.
Daily pivot is at 50.33.
Resistance could prove difficult to breakdown.
We look for a temporary move higher.
Bespoke resistance is located at 50.00.
Risk/Reward would be poor to call a sell from current levels....
Bitcoin - Expiry tomorrow 8am UK - We look to Sell at 19449 (stop at 19832)
19500 has been pivotal.
Bespoke resistance is located at 19500.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Daily signals are bearish.
Our profit targets will be 18551 and 18151
Resistance: 19000 / 19500 / 20000
Support: 18500 / 18000 /...
Johnson and Johnson - 30D expiry - We look to Sell at 170.59 (stop at 173.41)
Daily signals are bearish.
Daily pivot is at 170.27.
Bespoke resistance is located at 170.00.
Preferred trade is to sell into rallies.
We look for a temporary move higher.
Our profit targets will be 163.06 and 161.06
Resistance: 168.00 / 170.00 / 174.00
Support: 165.00 / 163.00...
Ethereum - Expiry tomorrow 8am UK time - We look to Buy a break of 1401 (stop at 1347)
Short term momentum is bullish.
Bespoke resistance is located at 1400.
A break of bespoke resistance at 1400, and the move higher is already underway.
We are trading at oversold extremes.
Our profit targets will be 1529 and 1559
Resistance: 1370 / 1400 / 1450
Support:...
BP. (BP.) - 30D expiry - We look to Sell at 463.80 (stop at 475.20)
We are trading at overbought extremes.
Broken out of the triangle formation to the downside.
We look for a temporary move higher.
Daily pivot is at 469.60.
Preferred trade is to sell into rallies.
Risk/Reward would be poor to call a sell from current levels.
Our profit targets will be...
Netflix - 30D expiry - We look to Buy a break of 252.11 (stop at 234.98)
Daily pivot is at 251.99.
A break of yesterdays high would confirm bullish momentum.
We are trading at oversold extremes.
Although an initial rally was posted, sellers emerged and follow through bearish momentum resulted in all the previous day's gains being overturned.
Daily signals...
ASML Holding - 30D expiry - We look to Sell at 484.65 (stop at 501.10)
Trade idea is provided by a third FCA regulated party.
Daily pivot is at 496.30.
The primary trend remains bearish.
The 1 day moving average should provide resistance at 480.00.
Preferred trade is to sell into rallies.
We look for a temporary move higher.
Levels close to the 50% pullback...
Litecoin - Intraday expiry 8am UK - We look to Buy at 50.36 (stop at 48.88)
With signals for sentiment at oversold extremes, the dip could not be extended.
Trading close to the psychological 50.00 level.
50.16 has been pivotal. Bullish divergence is expected to support prices. We look to buy dips.
Our profit targets will be 54.19 and 55.19
Resistance:...
Tattooed Chef
Short Term
We look to Buy at 6.05 (stop at 5.72)
Preferred trade is to buy on dips. 6.00 has been pivotal. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Previous support located at 6.00. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Our profit...
Uber Technologies - Short Term - We look to Sell a break of 27.59 (stop at 29.51)
Daily signals are bearish.
A Doji style candle has been posted from the high.
The primary trend remains bearish.
The previous swing low is located at 27.69.
Daily pivot is at 27.69.
A break of 27.69 is needed to confirm follow through negative momentum.
Buying at the start of...
Koninklike Ahold Delhaize - Short term - We look to Sell at 28.27 (stop at 28.79)
Price action continued to range between key support & resistance (27.00 - 28.40) and we expect this to continue.
Preferred trade is to sell into rallies.
Spikes (rejections) can be seen in both directions highlighting indecision.
28.39 has been pivotal.
Trading has been mixed...
Tesla - Intraday - We look to Buy a break of 315.11 (stop at 302.98)
The primary trend remains bullish.
Short term bias is bullish.
Daily pivot is at 314.67. Short term momentum is bullish.
A break of the recent high at 314.61 should result in a further move higher.
There is no clear indication that the upward move is coming to an end.
Our profit targets...
Alfen - Intraday - We look to Sell at 102.96 (stop at 105.22)
We are trading at oversold extremes.
Weekly pivot is at 103.80.
Daily pivot is at 105.00.
Preferred trade is to sell into rallies.
Bespoke resistance is located at 103.00.
Resistance could prove difficult to breakdown.
Our profit targets will be 97.52 and 93.52
Resistance: 97.00 / 100.00 /...
Litecoin - Intraday - We look to Buy a break of 54.01 (stop at 52.58)
We are trading at oversold extremes.
A higher correction is expected.
A break of bespoke resistance at 54.00, and the move higher is already underway.
Expect trading to remain mixed and volatile.
20 4hour EMA is at 54.15.
The trend of higher lows is located at 52.50.
Our profit targets...
