Ascending triangle bull signalOn my watch list as it has bounced nicely within the channel. Could see an extended flat for a couple of days before it jumps up to the next leg of the pitchfork. Also possible for a short term jump meaning another bounce. Could lead to a triple top so I would be careful if it does otherwise looks very bullish.
Bounceup
$CDXS - May be worth a pre-market buyThis hadn't popped up on my scans, but it is:
1: Sitting on 20ma after decent pullback
2: Sitting on volume shelf
3: Just added by ARKK after hours.
This could fly tomorrow. Might be worth staying up late (1:30am my time) to try to get s good position. I don't think this will be a R3G type of start out the gate. I see a Gap & Go possibility.
$GSV betting on a reversal bounce to $0.69Both the ATR and RSI look to have bounced off their supports leading us to believe today's up candle is a bounce as well and an indication a reversal is happening. We are taking this long.
$BTC Big correction incoming?Manage your risk, as DXY is ready for a bounce
on daily and weekly timeframes we are facing a bullish divergence on RSI,
and if that's not enough for you to think about a correction for the crypto market,
then take a look at the support area for DXY.
Next week will be huge for the crypto market
If DXY indeed bottoms out from this support area, then we should expect a significant rise from the USD = a drop for Bitcoin and the crypto market.
Just manage your risk and put stop loss on every active trades that you have right now.
$PATI Patriot Transportation Holding IncSpecial Ex Dividends have been paid out and its left a juicy money gap to fill. $PATI is oversold on the daily because of this drop. Remember....What comes down, will bounce back up! Enjoy the profit ride. #pati
XRP NEUTRAL ZONE, BACK AT IT AGAIN! Hello fellow traders!
As you can see in the chart, there is a 75% chance that the price will make a bounce from the purple thin line, which is the start of the run trend line.
Those of you thinking about buying at this point should consider the retracement support, or a little lower for stop-loss.
Good day and good luck!
10/28 AAPL Earnings RunFor anyone considering AAPL for an earnings runner here is what you need to know.
AAPL has fallen back into the channel before the breakout and will is now sitting on support.
Monday 10/26 Scenarios:
Scenario 1: AAPL gaps up pre market and is now looking strong and bullish heading to the next Fib and so on
Scenario 2: AAPL finds resistance and heads down towards a key support at $112.80 and bounce for the earnings run
Scenario 3: Stimulus news or non-news creates a choppy day and only after earnings will we actual see some magic.
Good luck leave your comments below and follow for more charts.
BALBTC- Potential for 20% jump?BAL has had a bit of a rough go, much like the rest of the market, in recent times.
Up until a few days ago, clear descending channel.
It had a breakout then got stopped at very firm support turned resistance. I've got a feeling we might see a jump back up here in the next week or so.
INDICATORS
MACD has a bullish divergence right now and just fought off a cross into bearish.
Stoch on the uptick but has room to grow.
Volume decent volume spike on last resistance retest, steadily diminishing volume otherwise.
EMA we're below EMA 100 & 200 on the 4H chart. Tends to be a good sign of a rebound up to around there when you start seeing a reversal.
TP's:
#1 - 0.00153
#2 - 0.0017
SL: 15% Max. If it breaks down through the historic support it'll be in trouble.
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“Chances don't approach you, it's you who approach chances." - Toba Beta
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I'm a guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you.
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BTC - A Ray of Light Through the Clouds and Angels Singing?Previously, I mentioned BTC was in a bit of a tricky spot, looking like it might be heading into a textbook Bart Simpson.
Looks like we may have avoided this formation! BTC pulled the ole "I'm going home" with the move up above all our notable levels and EMAs on the 4H chart! If we can post a close at this level, we're looking good for things to turn back on.
One thing to note, it's not crazy high volume right now. Actually very low volume and it's the weekend.
If the market doesn't post a retracement back down tomorrow, we could be back in the upswing. But the lack of REAL volume makes me nervous and adds a lot of risk to getting in now.
Next resistance areas are marked for TP points, don't get too horned up on this move though as we're likely not out of the woods on the overall correction down.
TSLA: Will The Structure Sustain?TSLA
I made an argument earlier this week that since the last 'golden cross' in late March, TSLA stock price always bounced off of the 200 MA level in an hourly time frame. "When is the next bounce?", I asked. I believe we are at that point now.
The question now is that if the current market condition will allow for this structure to sustain. Let's hope the structure sustains and we get to see a bounce up today.
Good luck and happy trading!!