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Biggain

Square is shifting gears! Low risk 65% gain in < 3 months.Square ( NYSE:SQ ) is a serious growth company and is certainly a long-term investment. I'm bullish on NYSE:SQ long term, but I believe especially today, the stock has presented us with an excellent buying opportunity. As usual, I don't talk fundamentals. I'm only looking at the chart from a technical analysis perspective. Sometimes, after a stock is running inside an ascending parallel channel, there comes a point when it seems to be dropping below the channel, but the reality is it's only changing gears to enter a an even faster ascending parallel channel. It's kind of like the small moment of deceleration a racer has to suffer in order to shift to a higher gear, a phenomenon that coming generations will never know thanks to Tesla's single-speed transmission taking over the world. Anyway, back to NYSE:SQ . Let's look at the chart. I have two parallel channels. The current one, and the new one I expect price to be bound within in the near future. I also have a set of steeper-inclined parallel lines which delineate local bullish movements. I believe this inclination will keep supporting price much longer in the coming bullish moves. I also believe that it will be the slope of a parallel channel later this year, but I'll sit on that idea for now. Based on that, I drew a price path prediction. My target is $355 in 76 days, by 7 April 2021. My stop loss is at $195. Picking the stop loss was rather hard and somewhat arbitrary. I picked it based on historic RSI levels, how long I expect a drop to last in case a drop occurs, and basic support and resistance levels. Most importantly, the last close has hit the very bottom of the parallel channel. My estimation is that this is a golden buying opportunity. My only worry is that even though the parallel channel has held the price four times since September 2020, it has failed one time (30 Oct - 3 Nov) which I marked in the red circle. It wasn't a serious break though. However, we must be prepared for it to happen again. That's why I set the stop loss a little bit lower. However, I am confident it will hold the price, and even if it doesn't, it will make an even better buying opportunity. And even if it breaks lower, Square is a solid investment and is certainly a hold. Conclusion : If you're in it for a trade, then decide the size of your position depending on how much you are willing to lose. If you're willing to lose $100, and our stop loss is at -10%, then open a trade with $1000 and set your stop loss. If you're in this for investment, this is a good opportunity to add to your long-term position. So, buy and hold.
NYSE:SQLong
by TechNerdOmar
39
BTC shortGuess who closed out too early :/ Had a not so great run recently and just wanted to get a decent winning trade in so closed out completely covering into the first 15m oversold bounce. The previous two times we'd broken to the downside the 15m oversold conditions had been bought right up and we'd gone on to regain the emas and push up to new highs. Should've seen some of the signs that this one could've been the bigger correction that's been on the cards for a while, a big trade on here if you saw it.
COINBASE:BTCUSDShort
by ElasticRock
TRON is preparing for another 384% GainI DONT think this correction is over. I think we're getting a 3-3-5 Flat correction. It could also be a 5-3-5-3-5 ABCDE, which means that the correction just takes the form of a triangle and takes a little longer. We should glide across the 55 EMA and possible trade under it. REMEMBER, this is Satoshi!! Satoshi prices are highly manipulated, you could reach your target and never even realize because Bitcoin's price changed. Target 1 is easy money. That's nearly a 300% gain. Just stay patient on this. It will happen. But I DOUBT this correction is done. It could take another week. If you're patient then you'll be rewarded. Target 2 is where we would be if we just linearly progress though wave lengths. Target 3 is based on a fib level. IF Tron keeps up the exponential growth. It could surpass all 3 targets to a great length. I'm almost just staying conservative here. AGAIN, this is in Satoshi. So I'm just calling for a 384% gain from where the price is RIGHT NOW.
Long
by Elijah_Trading
40