88E - Is it ready for a Breakout?88E has managed to close above the long term Bearish Trendline with apparently much heavy volume. The bounce off the POC of Volume Profile, Bullish MACD and the breakout all indicate that the price is expected to continue to the upside. I am bullish 88E with my targets below:
TP1 - 0.015 (Potential gain 35%)
TP2 - 0.019(Potential gain 67%)
Stoploss - $0.007
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
Asxlong
WZR - Bullish Continuation TradeWZR catapulted in early February but resisted and came lower to test the breakout zone and had been consolidating for quite sometime. It has now shown good bullish price action and seems that it will retest its resistance level again and maybe could move further higher. The recent bounce seems that it may continue to the upside to test its resistance level.
TP - $0.240
Stoploss - $0.170
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
SZL - Pullback about to end soon?The recent pullback has been strong but seems it may be about to end soon. I am expecting that it may be supported on the trendline to provide a good buying opportunity and the uptrend may resume. My Buy zone is $6.80 - $7.40 range, which is the trendline and the POC of Volume Profile, where I will be observing price action and wait for it to turn around, and aim for the recent highs.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
Z1P - Could provide a buying Opportunity!Z1P's current selloff may be coming to an end and provide a buying opportunity soon. I think there may be some room left to the downside and could be supported on the trendline where my Buy Zone lies at the $6.80 - $7..00 range. I will be comfortable to buy in this range after it shows solid Bullish Price Action. My target for this trade will be the old resistance range of $10.00 - $10.50.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
KGN - Has it found Support?KGN had been plummeting hard but now it has shown some kind of support. Seems that Buyers have stepped in because of the recent bullish price action and price could move higher. At this time it is very hard to say that the Bearish Trend is over, but there could be a possibility for price to move up and provide a gain of 10% and move higher to the next resistance level. My trade plan is given below:
TP - $15.600
Stoploss - $11.80
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
PLY - Could be a Range Bound TradePLY seems to be moving in a range at the moment, and current price action shows that it has got bullish at the lower edge of the range and expected to move up towards the higher edge of the range. My trade plan is given belwo:
TP - $0.460 (potential gain 22%)
Stoploss - $0.320
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade
NXL - Possible Turn Around?NXL after being hammered down could be possibly turning around because of the recent Bullish Price Action coupled with a break out of the Bearish Trendline with High Volume and Bulllish MACD. I will be targeting the previous Gap Window and the POC of Volume Profile. My Trade plan is given below:
TP1 - $7.30 (Potentil Gain 23%)
TP2 - $9.00 (Potential Gain 52%)
Stoploss - $4.00
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
ANX - Another Buying Opportunity?ANX may be poised to move up aiming its previous resistance. A breakout of the bearish trendline combined with bullish price action off from the POC of Volume Profile makes me bullish. My TP would be the previous resistance level of $0.085 (Potential gain 20%) and a tight stoploss below the lows ($0.060).
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
CRL - Looking to move higherCRL is looking good and seems like it is poised to move higher. It is showing Bullish Price Action while bouncing off the trendline support and POC of Volume Profile with High Volume. The bouncing action off support makes me bullish CRL with a target of $0.032 (Potential gain 23%) and a tight stoploss below the lows ($0.019).
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade
NCZ - Could Push Up!NCZ showing that it may be getting ready for a Bullish move ahead. It is being supported right at the POC of Volume Profile showing high volume and Bullish Price Action. MACD has turned bullish and a bullish position can be taken once it breaks the level of $0.180 with a tight stoploss below the lows. My trading plan is given below:
TP - 0.220 (Potential Gain 27%)
Stoploss - $0.150
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
COD - Looking InterestingCOD is expected to continue higher as it broke out of the Pennant with very High Volume and MACD is also Bullish!! It got support right at the POC of Volume Profile and bounced off giving a bullish closing. I am bullish COD and expect to move higher. My trade plan is given below:
TP - $0.480 (Potential gain 16%)
Stoploss - $0.300
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
Z1P - A closer look at the Falling Wedge !What will happen in the week ahead for Z1P ? My guess is as good as yours, although I am leaning slightly to Z1P validating a counter trendline break as the money rotation slows.
The 0.618 retracement has been respected as resistance a number of times inside the falling wedge, as a result the $8.50 - $8.70 is worth watching closely. Additionally, Z1P at the longer time frame retracement (0.618) level is starting to get confluence in an oversold stoch, RSI, lower time frame MACD divergence as well which should act as strong support.
CEN - Bullish Trade PlanCEN looks good and ripe for a move higher because of the break of the Bearish Trendline with High Volume and the bounce off the POC of Volume Profile and the 200SMA. MACD has got bullish too and maybe we shall see it continue to go higher. My target for this trade would be $7.40 level which could be a potential 13% gain.
TP - $7.40 (Potential Gain 13%)
Stoploss - $5.97
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
AIA - Preparing to Push HigherAIA broke out of the Bearish Trendline and tested the Initial Resistance level of $7.17 and stalled. Then it retraced lower only to backtest the breakout zone (Bearish Trendline), 200SMA and the Point of Control of Volume Profile. There is also High Bullish Volume and I think it is preparing to continue higher to retest Resistance level of $7.35 and then move higher to the next Resistance Level of $7.75. I am bullish on AIA and my targets are below:
TP1 - $7.35 (potential 10%)
TP2 - $7.75 (potential 15%)
Stoploss - $6.45
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
CRN - Pullback Over?CRN seems to be in a very stable uptrend as we have witnessed Higher Highs and Higher Lows. The recent pullback has provided an excellent buying opportunity as price has bounced of the Bullish Trendline for the third time, as well as the 200 SMA and the POC of Volume Profile. RSI has also popped out of the Oversold region and MACD Histogram is showing Bullish Momentum and is about to cross. I am bullish and my trade plan is to target the highs.
TP - $1.230 (Potential 11%)
Stoploss - $0.920
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
AIZ - Pushing HigherAIZ has provided a great buying opportunity after the recent pullback. Price got supported and bounced off the 200 SMA and the POC of Volume Profile, and has broken the Bearish Trendline with High Volume. The MACD is also Bullish which indicates that the upswing in AIZ shall continue. I will be targeting the recent highs as take profit.
TP2 - $1.740
TP2 - $1.855
Stoploss - $1.380
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
FLT - Trade PlanMy trading Bias for FLT is Bullish as it has clearly bounced off the lows (Support), with a decisive break and close above the Bearish Trendline coupled with very High Volume . MACD has given a Bullish Cross and RSI has come out of the Oversold region.
TP1 ~ $17.30
TP1 ~ $19.08
Stoploss - $13.00
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
LPI - Good Buying Opportunity?After making a Higher High and then pulling back, LPI seems to be right on support at the moment. I am expecting a break of the trendline with High Volume which shall give me confidence to buy, targeting the previous highs and my stop will be below the previous swing lows!!
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
MPL - Bullish Plan for MPLMPL may have finished its retracement and may be ready for an up move. As it has bounced off from my Buy Zone, coupled with High Volume, I think it is preparing to move up towards the previous Highs.
TP1 - $3.00
Stoploss - $2.60
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.