So far COINBASE:BTCUSD held the 50% Retracement of the NASDAQ:COIN event selloff. Not bullish unless it can conquer it. Price action suggests a retest of the bottom.
Bullish Pattern
-Double Bottom
-Bounce off the .50 Fibonacci
-Up Trend
-I think this is where REEF finally makes its move upward to the MOOOOOONNN!!!
-I'm guessing REEF is going to .063 at least and a top of .075 , but it could go higher!
-This has been one of the first coins i was really invested in and put quite a bit of money into. The project itself is...
The market is slowly creeping up to new All Time Highs. The question people keep asking on my social media is "what should we trade NOW?" The answer is... probably nothing. Now is the time for research and setting yourself up for GOOD trades in the near future and I talk about HOW and WHERE to do this. In this video I use NASDAQ:DKNG as a meme stock example.
Beginning trader and technical/fundamental analyst. This is posted for entertainment purposes only not trading or financial advice.
BKYI looking bullish to me. Like these names that are down at the bottom of their range with significant support over time. Could double by just returning to the 50% of previous high a little less than a year ago. Finviz shows low...
A few days late to see this but in line with my thesis on Consumer Staples being the next sector to perform in the market NYSE:DG hit a long term 50% retracement level support around 175. I would be looking at this to retest the high in terms of price action. Unfortunately even at this level the dividend yield is rather low (0.79%).
The meme stocks ( NYSE:CCL , NYSE:RCL , NYSE:NCLH ) in Cruise Lines have finally recovered but are they now a SELL? These stocks are coming up to a key Ichimoku Cloud Resistance level that traders and investors should pay attention!
I wanted to put out a quick Bitcoin price action update on this pullback. YES BITSTAMP:BTCUSD is in fact at a major 50% retracement level from the ATH. If you were looking for a smart buy this could be an opportunity. HOWEVER, you must consider the further pullbacks that are possible and what they mean for the long term bullish trend of Bitcoin.
BITSTAMP:BTCUSD has retraced from the low it made off the last ATH to a 50% retracement level of the move. Some traders are shorting this and it is a logical choice. Traders can know that their risk lies just above the 50% in the 53k-54k range. Breaching this stop range would likely lead to a retest and possible break of the high. Holding this level is a sign...
Wipro previously gave pennant breakout at daily timeframe but failed to achieve target, now wipro at major support and at 50% retraement.Targets on chart...
I am a long term investor in LLY for many years along with a swing trade turned into a long term hold from back in November. Today there was a nice pullback from the post-Earnings retracement for an addition.
NYSE:BA has pulled back to the 50% retracement of its most recent move which is also the Ichimoku cloud. Took Vertical Call options through April 215/225
