AAPL - MONTHLY ANALYSISFollowing the trend, I'd buy Apple if breaks the latest high.
Stop Loss - Below the latest low
1st Target - R/R = 1,00 - 1/3 Position
2nd Target - R/R = 2,00 - 1/3 Position
3rd Target - R/R = 3,00 - 1/3 Position
A-shares
CARDANO TECHNICAL ANALYSISHow is Cardano evolving? Cardano seems to be going up over some time. It is very low right now and have a very strong support under it. So Cardano could potentially go up a lot if it gets the support it needs. It is a good time to invest in Cardano because it is so cheap right now.
iShares Russell 2000 $40 per share shortThis is a trade that I have been watching for a while. We have a near perfect Wyckoff distribution pattern playing out. Partner that with all of the negative press around the USA recently and this trade is the one that I am most confident in. I expect a move down between $50 - $60. I will update as the trade becomes active and my thoughts as it plays out.
SHORTING THE S&P500 (SPX) IS SAFER THAN BUYING A HOUSE!Hey everyone,
I work day to day as a computer technician and one of my customers who is an Economist with more than 30 years of experience mentioned to me that the shorting the NASDAQ and SPX is safer than the return on a purchasing a property investment.
I certainly found this interesting and decided to use technical analysis to see where we are headed. It seems as though the recovery of the economy after the COVID-19 stock crash was too fast to be of natural terms. It is quite obvious that money was poured into the economy (printed at ridiculous quantities) and fell into the hands of unexperienced traders and unsure investors dumping their cash to inflate the stock market. Unfortunately, this tends to catapult the collapse at a greater momentum, followed by investors and firms putting their money into assets that provide a return (such as Gold and Silver... and maybe Bitcoin?) and also foreign investors pulling their money out of countries and devaluing the subsequent currency.
I am extremely worried and excited for what follows 2021/2022. Let me know if I have missed something or would like to add something of more value!
Love, peace, Seb.
IBM vs LTCI'm just curious what will perform better in 2022. My bets are with Litecoin - still, it isn't a bad idea to hold on to #IBM either.
Long both. Why not?
Potential Swing Idea - $PINSPreferred instrument: common shares
Entry: $36.50
SL 1: $34
SL 2: $30.90
PT 1: $60 (4.2 R:R)
PT 2: $71 (6.2 R:R)
PT 3: $135 (17.6 R:R)
Potential wave 5 setup from March 2020 covid lows.
If 30.90 does not hold wav 4 is actually wave 2, next major support is 23
Potential Swing Idea - $LCIDPreferred instrument: common shares
Entry: 35.80 - 36.90
SL 1: $35.75
SL 2: $33
PT 1: $45
PT 2: $52
PT 3: $72
Potential wave 5 setup from Sept 1 low.
If 33 does not hold, next major support is 23-27
One Medical completes cup. Handle next before breakout?Will the handle form next and then the breakout?
Wait and see.
Olin Corporation (OLN) LongWe can see global growing trend since March of 2020 on a different timeframes. Nearest support zone is $51.3 - $52.01. Target poins are $57.23 (upside ~4.5%) ana $62.4 (upside ~ 14.5%). Open price is current market.
TASI - Tadawul broke his Weekly KidjunTadawul broke his Weekly Kidjun, are we going to visit the Monthly Kidjun ?!
I think buyers need a few months vacation ;)
Allegion (ALLE)Growing global trend and penetration of local resistance line is a good opportunity to open long positios. Price supporting line is a small growing trend. The target price is $141. Stop limit price is $130. Upside around 8%. Profit/loss ratio ~ 3:1.
Is Ricardo recovering lost groud?Some good reasons why Ricardo is likely to head higher into the future. This is a monthly chart only and rising above the 200 EMA plus volume and stochastic gives reasons to believe the price is heading higher.
Is this part of a Vodafone reversal?Too early to say yet but this power earnings gap is a positive step.
Like BT, Vodafone has been suffering a significant downtrend, but it may be coming out of it. Wait and see.
FB Update + Spinning Top ** AN Update on my previous FB post
FB is playing out perfectly and looking to continue this bullish breakout. Having recently changed its name and business model, we have seen lots of hype and talk about FB, or META as its now called. I think that META will become a huge player in the next 10 years and this is definitely a good area to start accumulating shares for the long term
On the weekly chart we have seen FB create a BULLISH spinning top candle, indicating bullish momentum. This is a good indication of short term trend and was where I entered spreads and shares.
For this play, we are looking at the short term. After breaking down from its upward channel, it was on a strong downtrend for around 6 weeks, moving back into a demand zone at the $325 area. We have seen a strong bounce on both the weekly and daily charts indicating a strong demand zone, and a possible reversal.
Has been playing out perfectly and I am already in spreads for January. I still believe we are at a good price and will be accumulating more shares as well.
Good luck everyone.
Is this breakout for Auto Trader?H&S pattern from June 2019 due to complete after Market views Auto Trader's results favourably.
ABF downward channel makes higher lowABF - good results today and the market liked it. Enough to create a higher low and possibly a higher move in the channel/flag and maybe a bullish breakout? Time will tell.
gold Hello. everyone if you like the idea, do not forget to support with like and follow, gold solid structure
Where next for Merck?Will it break the triangle pattern formed from Dec 2019?
Not easy to tell but I'm thinking of a bullish breakout. Time will tell.
US30: sticky situationAnd so, the index dropped rather sharply to the level of 35510 and began to consolidate. This is not a very good sign, as there is a possibility of further fall. But since the price approached this level on long candlesticks, this probability of a breakout on the move decreases. A bounce up to 35880 should be expected for a test of the high.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Facebook LongSupport line test and trend line retest are great factors for FB growth. Target price is 370$. Stop loss is 335$. P/L ratio is 4:1.
