Here on the 4hr timeframe / daily we can see uj made a clear breakthrough to retest previous high points. Will be watching to see to when a pull down finishes to find a long entry if these candles do not got below the previous 4hr breakthrough zone. UJ has been dropping like crazy lately but its uptrend candles can be HUGE if your timing is on point! Safe...
SPX is looking good on 4hr timeframe for a retest to prior 4hr wicks. Daily candle still looks like it can go either way. Will watch for now and possibly look for a short entry if rejected again or possible longs on retest if a breakthrough. Tesla will be joining SPX this December so there should be some turbulence on this pair going into the next month and next year 🚀
It appears based on the Kurutoga Cloud that Alibaba has broken through resistance. We can expect a bull run from here! Rally on :)
USD/JPY broke through it's upper wedge resistance this week, without any indication of stopping soon. Break-outs with a lot of volume like these can be a strong indicator for trend reversals. It looks like we are going from bearish to bullish. Consider resistance 1 and 2 as possibilities for reversal, thus exiting you position around that area.
Price at the 78.70 level, will price find the resistance or breakthrough and move up. Here is my setup
Gold keeps rising. I Would like to hear opinions.
Good buying position on ZM/Zoom. It has been in a big bullish trend for a long time. and with technical analysis it is a great entry point for making profits if it breaks thorough the purple area of make a pullback
Now, the price is breaking through the trend. We have to see if it is a fake break through or not. it seems like a fake one because of the PRZ above. We have to wait for the testing and its pullback ....
EUR/JPY is hitting support at around the 121.90 level. We could expect the price to break through this level of resistance or we could expect the price to hit resistance and then pullback to support at the 120.489 level, creating a short term sell opportunity. Both the MACD and the RVI are yet to show signs of the price potentially pulling back and so it may...
Hey guys no TA today, but we did beat our earnings and that 2million share buy was probably nndm them self. They let it drop after earnings and this morning released breakthrough technology advancement. Now should you go all in? Well I do expect from now on that post-market you will see pumps since nndm releases news in the morning before market opens. I...
Moving according to the private idea I've posted yesterday.
Verasity is a platform thatentirely restructures video economy by transforming the relationships between advertisers, content creators, and consumers. Let's analyze its investment potential Verasity is extremely bullish according to technical analysis EMA and SMA (5, 10, 20, 30, 50, 100 and 200) shows a favorable buy state, HMA and VWMA confirms and uptrend....
Trade at own risk, I would sell as soon as the trendline shown is broken to be safer. May take time, but it is worth it with the great risk to reward ratio. Good luck and like if this helped!
In the trading session following the release of their Q1'20 ER on September 24, 2019, NKE closed at $90.81, finally pushing through that resistance level around $89. Although a little choppy, shares rose higher in the first half of October until Mark Parker, the 13-year CEO and 40-year employee of Nike, announced that he was stepping down on October 22, 2019. This...
Shopify is looking pretty bearish to me. Notice, it is trading below its big up trend line, below its 10 SMA (orange line), below its 50 SMA (blue line), and looks to be heading for the 100 SMA (purple line) as well as the next major support area (dashed line). I am going to stay neutral for the time being, but will keep a close eye on it. If SHOP can't bounce...
I have switched to a bullish bias recently ... Tried to fill the gap, but failed. Since then SPY is proving to be stubbornly bullish in my mind. A close above the previous 4 hour high is bullish, and it might also be what's needed to finally breakthrough the long-term up trend convincingly. If it it does, the all-time highs will be retested. Notice, SPY sits...
I'm kinda throwing my hands up in the air, and shaking my head. This volatility is news driven... there is no logical explanation for us not to be 10% lower right now. So, I'm just trying to stay patient until there is a solid direction for the S&P.