Ethereum
Intraday - We look to Buy at 1731 (stop at 1679)
We are trading at oversold extremes. We look to buy dips. 1700 has been pivotal. 1711 has been pivotal. 1731 has been pivotal. Support is located at 1700 and should stem dips to this area.
Our profit targets will be 1858 and 1898
Resistance: 1900 / 2000 / 2100
Support: 1800 / 1700 / 1500
Please...
Gap
Short Term - We look to Buy at 8.08 (stop at 5.20)
This stock has recently been in the news headlines. They reported an earnings surprise miss. We are trading at oversold extremes. A move lower faces tough support and we remain cautious on downside potential. Dip buying offers good risk/reward.
Our profit targets will be 15.00 and 17.50
Resistance:...
USDJPY
Intraday - We look to Buy at 126.05 (stop at 125.50)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Bespoke support is located at 126.00. Price action continues to gravitate towards crucial support levels with aggressive selling interest. Support could prove difficult to breakdown. We therefore,...
Bitcoin
Intraday - We look to Sell a break of 28488 (stop at 29009)
28561 has been pivotal. A break of bespoke support at 28500, and the move lower is already underway. Daily signals are bearish. There is no clear indication that the downward move is coming to an end.
Our profit targets will be 27207 and 26807
Resistance: 30000 / 31000 / 32000
Support:...
VMware
Intraday - We look to Buy at 110.32 (stop at 100.60)
This stock has recently been in the news headlines. Broadcom agreed to buy the company for $61B USD. Trading volume is increasing. We look for a temporary move lower. Bespoke support is located at 110.00. Dip buying offers good risk/reward.
Our profit targets will be 139.88 and 150.00...
GBPUSD
Intraday - We look to Sell at 1.2632 (stop at 1.2756)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Daily signals for sentiment are at overbought extremes. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. The hourly...
Bitcoin
Intraday - We look to Sell a break of 28488 (stop at 29009)
28561 has been pivotal. A break of bespoke support at 28500, and the move lower is already underway. Daily signals are bearish. There is no clear indication that the downward move is coming to an end.
Our profit targets will be 27207 and 26807
Resistance: 30000 / 31000 / 32000
Support:...
Pfizer
Short Term - We look to Sell at 53.30 (stop at 55.53)
Price continues to trade within the triangle formation. A move higher faces tough resistance and we remain cautious on upside potential. Selling spikes offers good risk/reward. Further downside is expected although we prefer to sell into rallies close to the 53.56 level.
Our profit targets will...
GBPUSD
Intraday - We look to Sell at 1.2637 (stop at 1.2760)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Daily signals for sentiment are at overbought extremes. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. The hourly...
Bitcoin
Intraday - We look to Sell a break of 28785 (stop at 29436)
Primary trend remains bearish. A break of bespoke support at 28800, will open an aggressive bearish move. Daily signals are bearish. There is no clear indication that the downward move is coming to an end.
Our profit targets will be 27207 and 26807
Resistance: 30000 / 31000 /...
Snap
Short Term - We look to Buy at 13.20 (stop at 10.72)
This stock has recently been in the news headlines. The CEO reported the company will likely miss its own revenue and earnings targets. Broken out of the triangle formation to the downside. The measured move target is 13.00. We expect further downside to the measured move target zone. We therefore,...
AUDJPY
Intraday - We look to Buy at 89.25 (stop at 88.35)
Intraday signals are mildly bullish. There is scope of limited selling at the open. Support at 89.00 should stem any dips in that zone. Dip buying offers good risk/reward returns on an intraday basis. Risk/Reward would be poor to call a buy from current levels.
Our profit targets will be 91.25 and...
Litecoin
Intraday - We look to Buy a break of 74.00 (stop at 70.91)
Our outlook is bullish. Price action has formed a bullish ascending triangle formation. Neckline resistance 74.00. We expect a significant move higher if prices manage to break the 74.00 resistance.
Our profit targets will be 82.20 and 85.00
Resistance: 74.00 / 82.70 / 88.00
Support:...
Apple
Short Term - We look to Buy a break of 140.40 (stop at 136.34)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Posted a Bullish Hammer Bottom on the 4 hour chart. This is positive for sentiment and the uptrend has potential to return. A break of 140.00 is needed to confirm follow through bullish...
GBPCHF
Intraday - We look to Sell at 1.2251 (stop at 1.2324)
Preferred trade is to sell into rallies. There is scope of mild buying but gains should be limited. A move higher faces tough resistance and we remain cautious on the upside potential Short term bias is mildly bearish.
Our profit targets will be 1.2100 and 1.2050
Resistance: 1.2250 / 1.2300 /...
Litecoin
Intraday - We look to Sell at 72.96 (stop at 75.42)
Further downside is expected and we prefer to set shorts in early trade. The immediate bias is skewed to the upside but, with this move assessed as being corrective, we would prefer to sell into the rally. Levels close to the 38.2% pullback level of 73.00 found sellers. Upward pressure has...
Ross Stores
Short Term - We look to Buy at 62.32 (stop at 53.59)
This stock has recently been in the news headlines. They missed revenue estimates for the 1st quarter. Broken out or a triangle formation to the downside. Measured move target is 61.00. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. A higher...
