Fiverr - Short Term - We look to Sell at 43.39 (stop at 46.02) Price action continued to range between key support & resistance (31.00 - 44.00) and we expect this to continue. Posted a Double Top formation. Expect trading to remain mixed and volatile. 45.75 has been pivotal. Bespoke resistance is located at 44.00. Daily signals are bearish. Our profit...
Unilever (ULVR) - Intraday - We look to Sell a break of 44.49 (stop at 45.41) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Short term momentum is bearish. 44.60 has been pivotal. 44.60 continues to hold back the bears. Posted a Double Bottom formation. A break of 44.60 is needed to confirm follow...
Bitcoin - Intraday - We look to Sell at 19499 (stop at 19901) Our bespoke support of 19500 has been clearly broken. 19500 has been pivotal. Previous support at 19500 now becomes resistance. We are trading at oversold extremes. A lower correction is expected. We look for a temporary move higher. Our profit targets will be 18551 and 18251 Resistance:...
Mastercard - Intraday - We look to Buy at 309.31 (stop at 301.98) Support is located at 310.00 and should stem dips to this area. Weekly pivot is at 304.71. Weekly pivot is at 303.19. Dips continue to attract buyers. The primary trend remains bullish. The RSI is trending lower. We look for a temporary move lower. Our profit targets will be 329.69 and...
Bitcoin - Intraday - We look to Sell a break of 19498 (stop at 19901) 19500 has been pivotal. A break of bespoke support at 19500, and the move lower is already underway. There is no clear indication that the downward move is coming to an end. We look for losses to be extended today. Our profit targets will be 18551 and 18151 Resistance: 20000 / 20500 /...
Ford - Intraday - We look to Buy a break of 16.11 (stop at 15.38) Price action has formed a bullish ending wedge formation. Daily signals are mildly bullish. The 1 day moving average should provide resistance at 16.00. A break of 15.80 is needed to confirm follow through bullish momentum. The bias is to break to the upside. Our profit targets will be 17.95...
Airbus - Intraday - We look to Buy at 90.51 (stop at 88.38) Weekly pivot is at 88.96. Weekly pivot is at 88.91. Bespoke support is located at 90.00. Dips continue to attract buyers. We look to buy dips. We look for a temporary move lower. Our profit targets will be 96.66 and 97.56 Resistance: 95.00 / 97.00 / 100.00 Support: 90.00 / 89.00 /...
Aegon - Intraday - We look to Sell at 4.898 (stop at 5.021) 4.900 continues to hold back the bulls. The previous swing high is located at 4.878. Bespoke resistance is located at 4.900. 4.916 has been pivotal. Preferred trade is to sell into rallies. Resistance could prove difficult to breakdown. Our profit targets will be 4.604 and 4.544 Resistance:...
Litecoin - Intraday - We look to Sell a break of 57.99 (stop at 59.62) Short term bias has turned negative. The bearish engulfing candle on the daily chart is negative for sentiment. A break of yesterdays low would confirm bearish momentum. Trend line support is located at 52.50. Our profit targets will be 53.71 and 53.01 Resistance: 61.00 / 62.00 /...
BRK.B - Intraday - We look to Buy at 272.02 (stop at 264.98) Support is located at 272.00 and should stem dips to this area. Preferred trade is to buy on dips. Weekly pivot is at 270.73. Daily pivot is at 271.36. We look for a temporary move lower. Our profit targets will be 291.98 and 296.98 Resistance: 283.00 / 290.00 / 295.00 Support: 275.00 / 270.00...
Carrefour - Intraday - We look to Sell at 17.47 (stop at 17.91) Price action continued to range between key support & resistance (16.00 - 17.50) and we expect this to continue. Daily signals are mildly bearish. Bespoke resistance is located at 17.50. 17.50 has been pivotal. We look for a temporary move higher. 17.50 continues to hold back the bulls. Our...
Bitcoin - Intraday - We look to Buy at 19601 (stop at 19248) Short term momentum is bearish. Support is located at 19500 and should stem dips to this area. 19500 has been pivotal. We look to buy dips. We look for a temporary move lower. Our profit targets will be 20444 and 20844 Resistance: 20500 / 21000 / 21500 Support: 20000 / 19500 / 19000 Disclaimer...
Short Term We look to Buy at 1710 (stop at 1650 ) Short-term bias has turned positive. Price action has formed an inverse head & shoulders formation. The neckline has been re-tested and further upside is possible. Our profit targets will be 1950 and 2010 Resistance: 1785 / 2013 / 2163 Support: 1597 / 1424 / 1000 Disclaimer – Saxo Bank Group. Please be...
Clover Health - Intraday - We look to Buy at 2.01 (stop at 1.89) Support is located at 2.00 and should stem dips to this area. Trading close to the psychological 2.00 level. 2.00 continues to hold back the bears. We are trading at oversold extremes. We look for a temporary move lower. We look to buy dips. Our profit targets will be 2.37 and 2.47...
Airbus - Intraday - We look to Sell at 110.91 (stop at 113.51) 112.00 continues to hold back the bulls. Daily signals are mildly bearish. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Bespoke resistance is located at 112.00. Resistance could prove difficult to breakdown. The previous swing high is located...
Short Term We look to Sell at 118.00 (stop at 122.00) Bearish Outside Day posted, a pattern that often indicates the end of a bullish run and the start of a new downward bias. Price action has continued to trend strongly higher and has stalled at the previous resistance near 119.45. The reversal lower yesterday signified the biggest fall in 14 sessions. We...
Short Term We look to Buy at 30.75 (stop at 26.75) Bullish Outside Day posted, a pattern that often indicates the end of a bearish run and the start of a new upward bias. Prices have continued the bullish move higher and resulted in 3 consecutive positive days. Although the bears are in control, the stalling negative momentum indicates a turnaround is...
Short Term We look to Buy at 17.60 (stop at 16.60) Price action looks to be forming a bottom. In line with the possible early stages of a reverse head & shoulders pattern and the strong rejection of dips, we look to set longs in anticipation of a swing higher. A break of 18.00 is needed to confirm follow-through bullish momentum. The preferred trade is to buy...