Hormel Foods: Bullish Deep Crab with Bullish DivergenceHormel Foods is trading within a Falling Wedge as it Bullishly Diverges at the PCZ and the Earningss Date approaches.
There is also a Bullish Piercing Line on the Daily right now.
Bullish Divergence
COMM: Bullish Divergence Holding at $4.00 w/Improving FinancialsI mostly became interested in this stock due to the sector and the recent shift in it's quarterly profit margins; but the stock price did not reflect what I saw in the recently rising profit margins so upon closer inspection it became somewhat apparent that the debt incurred by the company has been utilized to finance their day-to day operations and that these debts have been very heavy and this is likely what's been weighing down on the stock's price, especially because for a long period of time, they have been operating without generating any profits relative to the debts they've incurred.
But recently for the last few quarters a notable shift has occurred, and they are now showing signs of newfound profitability, thus signifying that those earlier debts may have been worth it.
It is also nice to see that they have not resorted to diluting their shareholders, as many stocks with this sort of price action and debt tend to do.
If this Weekly Bullish Divergence plays out, we could see it make a run to the 61.8% Retrace
Carnival Cruise Line: Bump and Run Reversal BottomCCL is Double Bottoming with some very distinct Bullish Divergence on the Monthly Timeframe on both the MACD and RSI and it also has a Lead-In trendline that goes all the way back to 2018. If it breaks above this trend line then it will begin the BARR Breakout which could then take it above the Neckline of the Double Bottom and BAMM us up to the 0.886 Retrace up at $59.65. I personally am trading this via the 2025 LEAPs at the strike price of 10 dollars though i may also get other long dated calls at different strikes later on.
Bullish divergence on the 1HGood divergence on CNC
With the falling market , metals will pump so I am hoping this is a good time
Bitcoin Continues to Diverge Bullishly even as it Breaks SupportDespite BTC's price action breaking below the support zone, it still continues to Bullishly Diverge on the RSI as it forms Bullish Harmonics at the lows. As of right now we are at a shared confluence PCZ of a Bullish Gartley and a Bullish Butterfly which also about aligns with the 200 week SMA and we could be double bottoming here preparing for the big move up.
EURNZD - Looking To Buy Pullbacks In The Short TermH4 - Bullish divergence.
Downtrend line breakout.
Higher highs.
No opposite signs.
H1 - Bullish trend pattern.
Currently it looks like a pullback is happening.
Until the strong support zone holds I expect the price to move higher further after pullbacks.
EURNZDEURNZD is trading in long term bearish trend. Now it has develop very strong bullish divergence at demand zone.
Will EURNZD shoe some bullish move from this important area of value ?
AUDNZD | LongStrong bullish divergence taking long position
Sentiment is 95%
After a long ride to make lower Low Low market is toward making Lower High
Finger crossed.
$GASS: Challenging a Supply Line at a Support FloorStealthGas right now is attempting to Spring back above a Macro Support floor and break through a Supply Line it has formed within this range.
Upon breaking free from this supply line we should most likely see it go to atleast complete a 61.8% retrace.
ATOMUSD: Holding Support Above 0.786 RetraceAfter crashing below it and bottoming at the 0.886, ATOM has come back above the 0.786 and is Double Bottoming while Bullishly Diverging above a local trendline. If this action holds firm then I think it can see $22-$44.
Ripple - Looking To Buy Pullbacks In The Short TermD1 - Price is bouncing higher from a key support zone.
Bullish hidden divergence followed by continuing divergence.
H1 - Higher highs.
No opposite signs.
Until the two strong support zones hold I expect the price to move higher further after pullbacks.
AUDNZD Short Term Buy IdeaH4 - Bullish divergence.
Most recent downtrend line breakout.
Until the key support zone holds I expect the price to move higher further after pullbacks.
Introducing Dynamic Action Convergence Divergence (DACD)Hello, it's Stock Justice here! In our latest video, we explore the intricate workings of the Dynamic Action Convergence Divergence (DACD) - a tool that synergizes the robustness of the ADX and the DI lines to create a dynamic and responsive trading indicator.
We plunge into the depths of DACD, starting with the base components - the Average Directional Index (ADX) and the Directional Movement System (DI). We then demonstrate how these two indicators are harmoniously fused together to form a comprehensive tool capable of signaling market momentum and potential trend reversals.
We further elucidate how the DACD uses moving averages to mark potential bullish or bearish trends, and how divergence within the DACD can indicate trend continuations or reversals. The video also highlights the DACD's proficiency in multi-timeframe analysis, enabling traders to view market trends from a broader perspective.
Closing out, we underline the DACD's versatility as a powerful trading instrument, while emphasizing the need for using it in conjunction with proper risk management and a balanced blend of other technical analysis tools. This video is an essential watch for all traders seeking to enhance their trading arsenal and navigate the market more proficiently!
EURCHFIs EURCHF made a fake breakout of support level? Strong bullish divergence indicating a potential reversal.
Will EURCHF rise from this level?
$ATDS: Potential Bullish DragonWe have Bullish Divergence at the second low of a Potential Double Bottom within a Bullish Dragon pattern and if it plays out we could see it go up to as high as 89 cents.
One Stop Systems, Inc.: Multi-Year Bullish GartleyNASDAQ:OSS is at the PCZ of a three years wide Bullish Gartley pattern and it seems to be having a hard time pushing down futher. As a result i think that this 0.786 level will be a good level for it to stand it's ground on but if that fails I will close and wait to see how it reacts at the 0.886.
EBAY: Inverted Head and Shoulders at S/R ZoneEbay after making a 0.786 retrace has bounced back into a Support/Resistance zone and has formed an Inverted Head and Shoulders while doing so.
US Bancorp: Bullish Deep Gartley Piercing LineNYSE:USB is showing a big amount of Bullish Divergence on the Daily after printing a Bullish Abandoned Baby on the 1 Day Chart and a Piercing Line on the 2 Day Chart at the 0.886 PCZ of a Bullish Deep Gartley. If we hold above the lows it could eventually come back up to see 45-55 Dollars.
SPCB: Logscale Bullish GartleyThere is a bit of Bullish Diovergence here as we hit the PCZ for the first time; though it'd be even better if overtime we got a local Double Bottom at the PCZ and fromed Bullish Divergence within that range. Besides that I can see some potential in this stock pulling some crazy stuff if this Gartley plays out and think it's worth paying it some attention.
$SGMA: Bullish Divergence within a Range at Support LevelWe have a good amount of Bullish Divergence at the Support level of a long standing range as well as what looks to be a future W shape that could take us up to a minimum of $30.
NZDCHFNZDCHF was trading in bearish channel from a while, And finally broke out of channel.
Bullish divergence , breakout of channel and temporary support , all these are putting confluence for a bullish move.
Is NZDCHF ready for bullish move?
USDCHF Double BottomThe USD/CHF currency pair is currently showing promising signs for traders, as it has hit a strong monthly support level and is displaying a bullish divergence on the Relative Strength Index (RSI). Additionally, price action is indicating an upward trend as it approaches the weekly pivot point.
This confluence of factors suggests that there is a high probability for an upward price movement in the near future, and traders may want to consider taking a long position on the pair.
Based on the current market conditions, an initial target for this trade could be set at 0.90750.
It is important to note that all trading decisions should be made in accordance with one's own risk management strategy and analysis of the overall market conditions.
CyberAggent At the Supply Line of an Ascending Broadening WedgeCyberAgent currently sits at the Supply Line of a long established Ascending Broadening Wedge and while my first instinct would usually be to short, I think this one is showing signs that it will give us a strong bullish reaction off of this supply line as we have a bunch of Bullish Divergence on the MACD and RSI and are at the 55 Moving Average on the 2 Month while trading in a very tight more local falling wedge pattern. Upon Breakout i think we could go up to make a 0.886 Retrace before ultimately confirming a Partial Decline and Breaking Down. But in the meantime im very bullish here.
