Buysetup
$HSIC looking to make the next leg higher!Notes:
* Solid earnings in the recent quarters
* Strong up trend in the long term
* Broke out of a base on base pattern
* Initially created a base of ~9 months, broke out and created a smaller base of ~4 week and is now breaking out again
* The ~9 month base was just above historical highs of $73.19 setting it as support
* Making new all-time-highs
* For the past 3 weeks it has been testing $87.55 as a new level of support with the volume drying up indicating that buyers and sellers are agreeing on this price
Technicals:
* Sector: Healthcare - Medical Distribution
* Relative Strength vs. Sector: 2.11
* Relative Strength vs. SP500: 5.05
* U/D Ratio: 1.79
* Base Depth: ~19.68%
* Distance from breakout buy point: 2.25%
* Volume 1.04% above its 15 day avg.
Trade Idea:
* You can look to enter now as the price is still pretty close to the broken level of $87.55
* Manage risk under $87.55
* If you're looking for a better entry you can look to buy around $88.72.
Waiting for some action on USDCHFI'm still waiting to see signals of an executable trade, I still have the same bias for the pair and am waiting for price to possibly test yesterday's low.
Should price test the area and provide some the signal I'll be going long. This falls into the cycle I see on a long term perspective (yearly).
GoldViewFX - 2H CHART MARKET UPDATEHey Everyone,
We have had an awesome week so far, trading the range Goldturn to Goldturn and buying dips from support levels.
We remain Bullish in the long term seeking out opportunities by managing ranges and in the event of consolidation ranges we have been buying and taking profits 20 to 30 pips at a time to avoid traps for the Breakouts or Fakeouts. This strategy prepares us for both outcomes.
2H CHART RETRACEMENT RANGE AT 1910
2H CHART SWING RANGE AT 1891
2H CHART TARGETS AT 1934, 1942
We need to see EMA5 break and close above 1960 to open the upper range again. A failure to cross and lock will see a rejection back into the lower range.
As always we will keep you all updated with any changes to our plans. Please don't forget to like, comment and follow to support t us.
GoldViewFX
XAUUSD TOP AUTHOR
$CLSN Long term PTs 40-50 and higher...Parabolic!Celsion Corporation, a clinical stage biotechnology company, focuses on the development and commercialization of DNA-based immunotherapies, vaccines, and directed chemotherapies. Its product pipeline includes GEN-1, a DNA-based immunotherapy for the localized treatment of ovarian cancer; and ThermoDox, a proprietary heat-activated liposomal encapsulation of doxorubicin, which is in development stage for various cancer indications. The company also has two feasibility stage platform technologies for the development of nucleic acid-based immunotherapies, vaccines, and other anti-cancer DNA or RNA therapies. Celsion Corporation was founded in 1982 and is based in Lawrenceville, New Jersey.
The Bullish Pennant! What are you Guys/ Girls Thinking of this?If confirmation happens, it looks like something big is about to happen right?
By the book, it's called a Bullish Pennant!
What is a bullish pennant? A bullish pennant is a technical trading pattern that indicates the impending continuation of a strong upward price move. They're formed when a market makes an extensive move higher, then pauses and consolidates between converging support and resistance lines.
$PIK Next Target PTs 8.20-10 and higherKidpik Corp. operates as a subscription-based e-commerce company that sells girls' and boys' apparel, footwear, and accessories. It offers apparel, including tops, bottoms, cardigans, jackets, dresses, and swimwear in knit and woven fabrication; shoes, such as sneakers, boots, sandals, and dress shoes; and accessories comprising sunglasses, jewelry, bags, socks, hats, and hair goods. The company serves its customers through its retail website, kidpik.com; Amazon; and clothing subscription boxes, which provide mix-&-match coordinated outfits that are personalized based on each member's preferences. Kidpik Corp. was incorporated in 2015 and is based in New York, New York.
$PKG ready to push higher?* Great earnings
* Strong up trend
* Breaking out of a 13 month base and retested it as support
* Sector: Consumer Cyclical - Packaging & Containers
* Relative Strength vs. Sector: 1.38
* Relative Strength vs. SP500: 3.17
* U/D Ratio: 1.28
* Base Depth: 21.42%
* Distance from breakout buy point: 1.9%
* Volume 14.3% above its 15 day average
GoldViewFX - MARKET UPDATEHey Everyone,
Awesome start to the week and month with our analysis once again playing out perfectly. Our target at 1931 was HIT with entries from 1921 and repeat entries from every dip. Banking and taking 20 to 30 pips at a time allowed us to get in and out more than once on the same target.
As I keep stating, this is the best way to capture pips in this market condition to be able to - A: Avoid getting stuck in swings and B: to maximise on capturing pips on the same target by milking the range in and out.
We have EMA5 break and cross above 1931 GOLDTURN with a candle body close, which confirms our target for 1940. We also have a retracement level at 1927 inline with MA21 and a swing range of 1911 to manage our RISK. We will continue our plans to buy from DIPS and should anything change we will keep you all updated.
Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 1H CHART UPDATED LEVELS & TARGETSHey Everyone,
The 1H chart looks tricky at the moment. We have all moving averages converging together for a break out. Price is also sitting at the central zone of an overall RANGE.
We have targets above at 1931, 1940 and 1944 with a swing range of 1911. We had a target/gap at 1911 created from the EMA5 cross and close at 1921, which remains open. We need to keep this in mind before targeting the above targets.
Although we are seeing swings down, the structure of the market remains Bullish. We will continue to buy from dips and capture 20 to 30 pips at a time. This has worked out perfectly for this market condition and therefore we will continue with this plan until we see fit.
As always we will keep you posted with any changes and in the mean time please don't forget to like, comment and follow us, to support our work so we can continue to bring more content to you all.
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 4H CHART UPDATED LEVELS & TARGET$$Hey Everyone,
Updated 4H CHART LEVELS.
TARGET 1940
SWING RANGE 1896
Immediate range 1919 - 1940
Overall range 1896 - 1962
A break below 1919 will open 1896 and a break above 1940 will open 1950 and 1962.
Moving averages are converging together so we are expecting a break out. Our plans to buy from support and capturing 20 to 30 pips at a time has been the perfect strategy for this market condition and we will continue to do this.
As always any changes to this and we will keep you all updated.
Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - DAILY CHART UPDATEHey Everyone,
Updated DAILY CHART LEVELS.
1916 AXIS SUPPORT is providing support on the daily chart. Although we have seen price drop as low as 1890, price was not able to close below 1916 level on this chart, maintaining the Bullish structure.
If we see a candle body close below 1916 then we will see price challenge 1885 and if we see the candle body close with EMA5 cross then 1847 Goldturn will also be open.
Maintaining this support gives us the setups needed to remain Bullish with Targets at 1948, 1959 and 1978.
These are longer range targets and levels so expect big swings in-between. We will break this down into smaller levels to trade safely.
Please don't forget to HIT like, comment and follow us, we appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
CRO 0.64 $ or back to 0.37 $ ?hello
I hope you are doing well.
I always like to keep the chart simple.
Green path : if today's candle closes green and above 0.45 $ with good volume, it's an entry on the daily chart.
Red path : close below 0.45 $ which is mean we can't be bullish anymore until seeing another resistance breakout, and the price will be drop to around 0.35 - 0.37 $
.....
on 4h chart , we had a retest kinda , but some people wait for bullish engulf or wait for 2 green candles to enter a trade.
also we had a bullish Divergence on RSI
.....
not financial advice !
let me know what do you think and share your ideas with me , please !
have a good day !
GoldViewFX - Market UPDATEHey Everyone,
Quick end of day update from us.
Another AWESOME day of trading for us!!!! As planned we took buys from support at 1921 Goldturn and then rode up to TARGETS of 1931, 1940, 1944 perfectly! Sharing our every move in managing the range effectively and safely.
We have moved the swing range up to 1911 and remain Bullish and our strategy to buy from dips remain in full play. We may see some retracement now but expect a re-test at 1944 Target again and then 1952. We will buy from support levels and bank 20 to 30 pips at a time or to the next Goldturn.
We will keep you all updated with any changes and will update you all with a more thorough Market Analysis for the new month start over the weekend.
Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - UPDATED LEVELS & TARGETS$Hey Everyone,
Another awesome day for us with our analysis playing out perfectly. We rode the BUYS up with todays movement, breaking the trades up in 30 to 40 pips using our intraday Goldturn support levels.
We have updated our H1 Goldturn Levels with the most up to date data and this chart should now allow us to map out gaps using EMA5 cross and lock. We have a gap at 1940 and also a gap at 1911.
We remain Bullish and therefore buying dips and targeting the 1940 level as a TARGET!!! with 1911 in mind to risk manage, should we get a new Goldturn above. Our swing range is at 1907, which is also inline with the 1911 gap.
We remain Bullish and will continue to buy dips. The current Goldturn levels will allow us to safely enter and exit levels using EMA5 cross and lock for confirmation and failures also allowing safe exits should the market turn.
As always we will keep you updated with any changes. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
$SBLK ready to move higher?* Good earnings in the recent quarters
* Strong up trend in the recent years
* Sector: Industrials - Marine Shipping
* Relative Strength vs. Sector: 66.27
* Relative Strength vs. SP500: 15.88
* U/D Ratio: 1.21
* Distance from breakout buy point: 0.44%
* Volume 48.37% above its 15 day avg.
* Broke out of an ascending triangle and move ~32% higher from there before consolidating
* Yesterdays candle shows tonnes of demand along the 10/20EMAs
* Has been using it's 10EMA as a dynamic level of support
* Broke resistance of $29.87 with higher than average volume
Trade Idea:
* You can enter now as the price just broke out once again with higher than average volume
* Setting a 10% target seems achievable as it's just above a historical level ($32.32)
* Manage risk accordingly as shipping stocks have been hard to trade recently.
$ANY Next Target PTs 58-180 and higher Timeline: Nov 2022 $ANY Next Target PTs 58-180 and higher Timeline: Nov 2022
Long term Target PTs 900-1,300 and higher Timeline: Nov 2022 - Oct 2024
(Sphere 3D Secures Order for 60,000 BTC Antminers, One of the Largest Single Orders in Digital Mining Industry History- Elon is Board member)
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GoldViewFX - Market UDPATEHey Everyone,
We had our 1928 target HIT on the H1 chart last night with plenty of gaps left above and then price tanked fuelled by Geopolitics. We stayed out of positions and we let the market play out till it found support. Sometimes the best position to take in the market is no position and this was the perfect call for us today.
I'm sharing this 4H CHART, which we posted before with the 4H GOLDTURN LEVELS. This chart shows EMA5 break with a candle body close leaving a gap to 1896 which was HIT perfectly also inline with the 4H chart swing range. This level of support was already highlighted, as a strong level and staying above this level keeps us within the Bullish structure.
This now gives us confidence to continue with our plans on buying dips and only banking 20 to 30 pips at a time, in such volatile conditions, gives us a better chance to avoid swing traps. Waiting patiently for the right opportunity to ride the trend is key and knowing when to stay out should be part of everyones trading plan.
We will now look for EMA5 to cross MA200 back up to provide the momentum needed for the 1940 challenge. A rejection here could see pressure for 1896 to be challenged and broken, we will be observing this closely and trading smaller LOTS to manage this risk.
As always we will keep you all updated with any changes and in the mean time please don't forget to like, comment and follow to support us.
GoldViewFX
XAUUSD TOP AUTHOR