SDOW a Dow Shorting ETF Long from an Intermediate Term BottomSDOW has leveled off at a near-term bottom after a downtrend as confirmed by bullish
divergence on the RSI and MACD while the price went sideways in consolidation.
Volatility has contracted as have trading volumes. I see this as a buying
opportunity with a stop loss of 20.5 below the low pivot in consolidation and the first
target at 22 underneath a standard retracement with the final target at 25 in the area of
the early November pivot high. A call option set at a strike of $22 expiring in 4-7 months
is a supplement to the idea. I expect that interest rate fades or any lessening of geopolitical
tensions may affect things throughout the trade and perhaps force trade management along the
way. Overall, I have an expectation of 18% for the shares and about 100% for the call option.
Bullishdivergences
NUZE | A Low Float Monster | LONNNGNuZee, Inc., a specialty coffee company, engages in the manufacture, packing, and sale of single serve coffee and tea bag-style coffee for coffee roasters and food service companies in North America and South Korea. The company provides its products under Coffee Blenders and Twin Peaks brands. NuZee, Inc. was incorporated in 2011 and is headquartered in Richardson, Texas.
TSLL | Tesla Bull ETF Oversold | LONGThe fund, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in the securities of TSLA and financial instruments, such as swap agreements and options, that provide leveraged exposure to TSLA. The fund is non-diversified.
JAGX | Close to a Bottom? | BounceJaguar Health, Inc., a commercial stage pharmaceuticals company, focuses on developing prescription medicines for people and animals with gastrointestinal distress, specifically chronic, and debilitating diarrhea. The company operates through two segments, Human Health and Animal Health. It markets Mytesi for the symptomatic relief of noninfectious diarrhea in adults with HIV/AIDS on antiretroviral therapy. The company also develops Crofelemer for multiple possible follow-on indications, including cancer therapy-related diarrhea; orphan-drug indications for symptomatic relief of diarrhea in infants and children with congenital diarrheal disorders and for adult and pediatric patients for short bowel syndrome with intestinal failure with; supportive care for diarrhea relief in inflammatory bowel diseases; diarrhea-predominant irritable bowel syndrome; and for idiopathic/functional diarrhea. In addition, it develops lechlemer, a second-generation anti-secretory agent for cholera; and Canalevia, an oral plant-based drug candidate to treat chemotherapy-induced diarrhea in dogs and exercise-induced diarrhea in dogs. Jaguar Health, Inc. was founded in 2013 and is headquartered in San Francisco, California.
FAZE | Good Entry Point | LONGFaZe Holdings Inc. operates lifestyle and media platform in gaming and youth culture. The company produces content, designs merchandise and consumer products, and creates advertising and sponsorship programs for brands reaching approximately 500 million fans across social platforms. It delivers various entertainment spanning video blogs, lifestyle and branded content, gaming highlights, and live streams of competitive gaming tournaments. The company was founded in 2010 and is based in New York, New York.
ENVB | So Many Bullish Divergences | LONGEnveric Biosciences, Inc., a pharmaceutical company, engages in developing various cannabinoid medicines for cancer care. Its products pipeline includes EV104 for the treatment of osteoarthritis; EVM-101 and EVM-201 for the treatment of cancer related distress; EVM-301 for the treatment of mental health indication; EV102, a cannabinoid cream for topical skin application; and EV101, a cannabinoid and chemotherapy combination therapy. Enveric Biosciences, Inc. is headquartered in Naples, Florida.
MULN | E.V. Contender Oversold | LONGMullen Automotive, Inc., an electric vehicle company, manufactures and distributes electric vehicles. It also operates CarHub, a digital platform that leverages AI to offer an interactive solution for buying, selling, and owning a car; and provides battery technology and emergency point-of-care solutions. The company was founded in 2014 and is based in Brea, California.
VALE-Impending Breakout (WEEKLY)VALE has been consolidating for almost 3 months at a previous resistance. Now its preparing for a possible double bottom with a bullish divergence on both the RSI and MACD on the WEEKLY with higher relative volume over the past two weeks. VALE also has one of the highest open interests in the entire market especially for the OCT21 14,15 and 20 Dollar Calls. Yes, calls. An unusual sign considering the market has been selling off sharply. When the market reverses I expect this to go back to its next resistance of $18. This is one of my favorite setups to trade and offers fantastic risk to reward when entered properly. There is no entry yet as the timeline for the consolidation stage is still unknown. Entry will be a breakout at the $14.50. Also look for breakout occurring with strength returning to the broader market for the incoming boucne.
Ethereum Daily Bulish DivergenceHey everyone,
you wanted to see ETH/USD view ? Nothing Special ? Huh ... Well here is one :)
Been a while since I opened leveraged short position on ETH based on Weekly chart seen below
We allready scoped ETH on Weekly month ago but this time I see exact oposit of previous Weekly bearish divergence actually on Daily timeframe which is bullish Divergence
Divergences are good way for smart investing on Daily/Weekly charts
It takes a long time but the odds are on the proper R:R side
*** I sold the 4K range to load in sub 3K. I´ve added major positions at 2200 range and I feel like its time to add more now
We at 2K that is a 50% Discount and I´m going back all in
Chachain
KEYWORDS
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KINUSD Bullish Shark Re-entryThe first entry has faced some resistance but it looks like it's providing a second entry and still making higher low and potentially triple bottoming with RSI divergence at every turn this will be the final stand for the bullish entry.
Alert: This it's my plan in BitcoinBitcoin form a simetric trianlge of consolidation and the price doesn't move more, just consolidating between the range of 40,000 USD - $34,000 USD. Now, we can't to trade Bitcoin until break up or break down this simetric triangle. But some cryptocurrencies like Cardano, I see that this cryptocurrency it's forming a shoulder head shoulder (inverted), in Ethereum the same pattern and in Chainlink, I closed up my short position, becuase Chainlink form the same pattern what Bitcoin do, a simetric triangle. Now, look one thing, in the RSI there's a bullish divergences that make lower higher in the RSI and the price action make higher lower. This could be a signal of reversal of the trend, in that case will be bullish case. But, we hope our next trade in Bitcoin.
s3.tradingview.com
In Daily timeframe, Bitcoin form this chartist pattern, and I found out the support and resistance zone, and also, I see that level of $30,000 USD it's work as key support, if Bitcoin make reversal, this key support will be valided in this bullish case.
And also guys, I change a little how I analyze the trades, for example: now I use lines as support or resistance, simple and classic and modern to analyze more better and apply my new psycology and trading analysis.
Alert: Bitcoin change the paradigm and structure in the marketAt the moment, I update my second analysis on Bitcoin , so I decide to closed up my short position in Bitcoin toward the $42,000 USD, so, I see that the price make support above of $46,000 USD good support to bought Bitcoin .
In H4 timeframe we see a bullish divergences as Ethereum do in the H4 timeframe togethers. This it's coincidence that Bitcoin it's up as the same time Ethereum .
In H8 it's bullish and the price in this moment it's give us a bullish signal.
Now, in Daily chart , this it's very important, Bitcoin it's show us a resistance of the support above of $46,000 USD as I identity in this timeframe and also the confluence using Fibonacci that make support in the 0.382% of Fibonacci.
That it's cool.
Now, I prepare and update this analysis for you if you want to entry in Bitcoin . You can to put your buy order limit at $47,100 USD and your target will be the following $60,000 USD or $70,000 USD. And the Stop Loss will be $43,200 USD
Fundamental and Analysis: FED want to buoy Chinese bonds!!At the moment, the analysis that we see is bullish!!!
On H1 we are in this bullish flag, this mean a possible long position
Because we se it:
As in the past weeks we are into this simetric triangle, we are now that U.S. Dollar is going to make a pull back!!!
Well, it is it, I dont writing a lot because Im going to my town in some hours. But this position is still in long!!!
Reccomend to put a long position because in some minutes the candlestick is closed up!!! And following the RSI we found out a bullish divergences!!!
Sterling show a possible up correctionHello guys, in H1 and H4 timeframe indicators show that Sterling Pound is oversold, and then, we could to get a benefited of the correction of this par that maybe it's could be to up. Now, it's very important that in H1 timeframe we entry with a price action strategy, so, we have a grant bullish candlestick, but now, we hope a confirmation of this par to entry there.
Maybe, as we see a oversold indicator using the RSI, the most important is to find up between 50-60 pips of earnings and not much, because when the indicators make a bullish divergence, that mean a possible up correction, in case if was bullish divergences.
Confirmation of EUR/GBP: We go to long together!!!Hello guys, in this updated I want to make a following of this par, because I see that this par is was a little consolidate, but the expectative is so bullish for now, because we have other confirmation aditional that MACD and RSI it's form a bullish divergence too as price action in the same time. Also, you can get it this screenshoot
We are now entry in buy at this down side of this bullish channel, and the expectative is so bullish to find up a lot pips and the price it's can be to reach 0.9214, that is my target profit to find up 180 pips for the next week, this is a huge earns.
