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Bottoming

Compagnie des Alpes: support line + attractive risk/rewardMost indicators suggest an oversold condition such as the OBV, but also the momentum is impressively negative. Athough this situation, the share price won't be able to fall below the supertrend support line. More bottoms have been created yet and the risk/reward is very attractive. The stock is going to set higher to at least 30 euros due to a too negative sentiment which didn't lead to a massive decline. There is also a fundamental touch: after the summer holidays a Chinese investor, named Fonsun, is going to participate in the capital (15%). The winter games turn on the Chinese government to seek for a partner with great expertise. Due to this 'Fonsun Case' the partner will be Compagnie des Alpes...
EURONEXT:CDALong
by beursfanaat
$BABA BABA staging a strong comeback like FB in 2012News from Alibaba ($BABA) spiked the stock higher. Some wonder if this is the time to short after all the stock has be up +140% since it's bottom back in 2016. However since the double bottom was put in last year, $BABA has been showing great signs of a stock ready to become the next big IPO that many will say in the future, "if only I had held on to my shares of ALIBABA back in 2017 when it first began going on. This is history in the market. Unless the stock closes below $120 in the next few months, this is a long term stock to add to any portfolio
NYSE:BABALong
by Rightsidetrading
S&P 500: Maximum fear priced in for this week. Next week higherIf the market were truly bearish, then "Gold" and "Vix" hadn't taking any pause in rallying strongly higher this week. Instead both dipped lower in the last days and the US stock market remained sideways holding above its lows. Until real strong fear starts creeping back into the market there is no reason to panic. Especially if bears capitulate next week, because they once again saw the end of the word coming too early. Long entry: 2335-2340 Stop loss: 2330 Target: 2365-2370 Risk: 5-10 Reward: 25-35 I lowered my long targets compared to previous bullish ideas, because this projected move higher might also result in a dead cat bounce if negative black swan news comes around. But if the market sentiment slowly improves here is my old bullish idea:
SP:SPXLong
by ChartArt
2
S&P 500: Maximum fear priced in. Dodd-Frank repeal rally is nextThe "S&P 500" did not close Tuesday at the lows of the day and also closed above the EMA 50 on the daily chart. The "Russell 2000" small-cap company index ended Tuesday unlike the large-cap US stock indexes with a higher close. And US President Trump floats a complete repeal of the Dodd-Frank bank regulation act, which is very bullish for bank stocks. All of these pieces together allow the US stock market to go higher at least for a short-term bounce to test the upper resistance. Long entry: 2340-2349 Stop loss: 2335 Target: 2365-2380 Risk: 5-14 Reward: 16-40 The ideal entry price for my original bullish idea was reached yesterday:
OANDA:SPX500USDLong
by ChartArt
3
XMRBTC Inverse Head and ShouldersXMR appears to have formed an inverse head and shoulders after it's multi-week consolidation from all-time highs, which signals that the bottom has been found, and a retest of the all-time high is possible. If .0265 is broken, the head and shoulders pattern will be invalidated (and form a lower low), so that's a good place to set your stops. Otherwise, hold for a retest of the all-time high, and partially exit your positions there, and wait to see if it breaks.
Long
by needmoney90
3
"Oil Bottom" sooner than you thinkOil currently is its last stages of the decline that started in the summer of 2013 and it will place a bottom within the next few weeks. It is declining now in Minute wave v "which will be a 3-wave decline" where Minute waves i, ii, iii, iv and v represent the ending diagonal wave 5 of wave (5). We are expecting wave v to over-shoot to the downside of the ending diagonal and below the arrow represented on the chart which will lead to triggering stop losses "below wave 3" and to increase the bearish sentiment to a new extreme. At that point of time Oil should rebound and advance to the upside in at least 3 waves A-B-C towards the 70s~80s area or start an impulsive 5 waves (1-2-3-4-5) to the upside that could take us to new highs in the next years/decade. We cannot tell now but once the prices start to advance we will have more information to call it right. How can we make money from this analysis? Simple; we have three options: 1-By trading spot or futures (only if you are an active trader). 2-Invest some money in Oil companies now for few years. 3-Buy long term Oil future contracts (with 2017 or 2018 expiry dates). Happy trading :)
NYMEX:CL1!Long
by ResonanceTrading
4
NBG Greek Bank finally settling on lows?There seems to be some calming down of this and flattening of the downtrend. Big vol spikes on up movements in price over the last 4 months, and the volatility is subsiding. This looks like it could be a double bottom, I put my stop entry price at 1.61 because the last breakout failed and it was 7c higher than the previous high, so 1.61 is 10c higher than the previous high of 1.51. Many positive talks lately, so maybe this debt issue will resolve. The stop entry at 1.61 would likely get me in if it spikes powerfully. Until then, Im protected from further declines... Once it crosses 1.61 I'll turn bullish.
N
by reversalradar
AUDUSD Weekly Chart BottomingAUDUSD is making a tradable bottom on the weekly chart as seen by the RSI, Stochastics rising off overold levels. The weekly MACD blue line is still sloping a bit down, but appears to be in the early stage of flattening. Significantly, you can see AUDUSD having found support close to current levels in early 2014 and early 2010. AUDUSD broke briefly below this major .86 support level in May/June 2010, forming a major bottom near .80. This downside risk / support line becomes more relevant when viewing AUDUSD using a monthly chart, where bearishness persists longer term. Feel free to visit stks.co for today's technical analysis on $EURUSD, $SI_F, $GC_F, $USDX, $AUDUSD, $GBPUSD, $ZS_F, $ZW_F, $ZC_F, $CT_F, $NG_F, $KC_F. Website: tradablepatterns.com FB: facebook.com Stocktwits: stocktwits.com Twitter: twitter.com Linkedin: www.linkedin.com YouTube: www.youtube.com Google+: google.com Email: info@tradablepatterns.com
Long
by TradablePatterns