SGH using IPO base resistance as support!* Great accelerating earnings
* Breaking out of its IPO base
* High 3-month relative strength in the Tech sector
* Using the broken resistance of the IPO base as support
* Formed a cup and handle pattern
* Holding up really well even in a correction
* Has been consolidating right above broken resistance for the past 4 weeks.
* Maximum probable ROI is ~41%
* Depth of the base is at ~70%
* Has been forming the base since 2018 so ~70% move up isn't unlikely
Trade Idea:
* Given the nature of the current market and if you don't mind a little volatility, now would be a great time to enter as it's constructing a new support around the $56.69 area.
* If you're looking for a slight discount you can look for an entry around the $56.69 area given it's acting as support
Caution:
* A daily close below $56.69 would negate the idea.
* Given the market conditions and your risk tolerance use your judgement as to where you should enter.
* A daily close below $56.69 could have the price around $53.73
Buysetup
TER ready to move higher after using the 2000 highs as support?* Exceptional earnings
* Strong up trend
* High 3-month relative strength in the Tech sector
* Breaking out of a ~1 year base with higher than average volume
* Recently used $104.88 as support which was the high from the 2000's
* Broke base resistance ($147.46) and has been using it as support for the past
12 days
* Maximum probable ROI would be ~41.84%
Trade Idea:
* Great time to enter as the price is bouncing off of the broken resistance and isn't too far away.
* If you're looking for a slight discount you can look for an entry near the $147.46 area since that should serve as support moving forward.
UDR ready to move higher?* Great earnings
* Very strong up trend
* High 3-month relative strength in the Real Estate sector
* Breaking out of a 18 week base with higher than average volume
* Has been consolidating above the broken resistance for the past 12 days making it a new level of support.
Trade Idea:
* Now's a great time to enter as the Real Estate market is showing strength.
* Price isn't too far away from the broken resistance turned support
* If you're looking for a slight discount you can look for buying opportunities near the $55.93 area
Cardano Buy Setup For Mid/LongCardano after correct (Time Correct+Price Correct)
Ready to Break Correction
Buy Zones For Mid and Long Term
BUY signal TARGET for SELL entryWe have a signal activated to 1797. If this target hits then that is a good entry for a sell, as per our report yesterday for the bearish movement we are expecting.
Trade safe and remember to stick to a simple plan!
SOLANA TO 300 $waiting for retest low time frame target is 260 $ with pre ath then we can expect higher targets.
not financial advice !
BOB is in its accumulation zoneBoB has entered its accumulation zone... Whenver the stock has come in this zone there has been heavy volume buying... Also when the stock was declining the volumes were very low.... One can take long position in this counter for the coming days
ADA Buy Setup.Not a trading or financial advice kindly do your own ta thanks this count is based on my assumptions so anything can happen trade with care and good luck.
LONG POSITION ON XAUUSD(GOLD)We are currently trading at key weekly demand or support zone. Coming into this level we see a falling wedge formation which is a bullish continuation pattern. So we go long upon breakout. Will update as time goes on, stay tuned!
Good Luck.
God Bless!
Goldview hourly chart update and next stop!1794 being broken with EMA5 confirming 1785.
We are expecting this level to hold and then a challenge back up at 1794. A goldturn break on 1994 will then open target to 1810 next goldturn.
We are expecting 1810 as a target!
Please review our weekly report on related links for our overall anlaysis.
Please don't forget to give us a like, comment and follow to support us, we appreciate it.
GoldViewFX
XAUUSD TOP AUTHOR
CRV retest the previous break out nicely everything is obvious on the chart ...
not financial advice !
CUBE ready to move higher?* Great earnings
* Very strong up trend
* High 3-month relative strength in the Real Estate sector
* Breaking out of a ~2 month base forming a cup and handle
* Breaking out with higher than average volume
Trade Idea:
* Now's a great time to enter as the price is very close to the broken level
* Looking at the weekly chart, it seems like this is ready to move now.
Caution:
* Consider exiting the trade if it makes a daily close below $54.56 and makes lower lows for 3 consecutive days
MAA showing strength in the Real Estate sector.* Good earnings
* Very strong up trend
* High 3-month relative strength in the Real Estate sector
* Breaking out of a base on base pattern
* The upper base was constructed over 6 weeks
* Breaking out with a lot of volume (130.2% above the 15 day average)
* The Real Estate sector has been consolidating in a very tight range for the past several weeks and is showing signs of breaking out.
Trade Idea:
* Now's a good time to enter as the price broke out for the second time in 3 days.
* It broke out with tonnes of volume so I expect $207.69 to serve as support moving forward
* Alternatively, if you're not getting in now, you can look for buying opportunities near the support of $207.69.
Caution:
* Needless to say, the market is very volatile at the moment and if this makes a daily close below the 20 EMA you might want to consider taking an early exit.
GALA #GALAUSDT Long IdeaGala's forming a bull flag atm, so basically if it's going to play perfectly we can expect a long between 0.585 and 0.600 with a tight stop loss at 0.570 because losing this levels can lead us to test 0.50 support area.
Targets are in green colour.
$STRN entry PT 3.50 Target PT 5.50 and higherStran & Company, Inc. provides outsourced marketing solutions. It offers clients custom sourcing services; and e-commerce solutions for promoting branded merchandise and other promotional products, managing promotional loyalty and incentives, print collateral and event assets, order and inventory management, designing and hosting online retail popup shops, fixed public retail online stores, and online business-to-business service offerings. The company also provides creative and merchandising services; warehousing/fulfillment and distribution; print-on-demand services; kitting services; point of sale displays; and loyalty and incentive programs. Stran & Company, Inc. was founded in 1994 and is based in Quincy, Massachusetts.
ETSY chart analysis - double topEtsy lost its intraday high on Friday and closed near lows. But it’s still above all the moving average. 5 day, 20 and 50. It has strong high uptrend with strong RSI at 64. BUY THE DIP and let it try to break All time high again. Most likely it won’t break ATH and create a double top situation and will fall after that.
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$MRNAModerna, Inc., a biotechnology company, develops therapeutics and vaccines based on messenger RNA for the treatment of infectious diseases, immuno-oncology, rare diseases, cardiovascular diseases, and auto-immune diseases. As of March 9, 2021, the company had 13 programs in clinical trials and a total of 24 development programs in six modalities comprising prophylactic vaccines, cancer vaccines, intratumoral immuno-oncology, localized regenerative therapeutics, systemic secreted and cell surface therapeutics, and systemic intracellular therapeutics. The company has strategic alliances with AstraZeneca PLC, Merck & Co., Inc., Vertex Pharmaceuticals Incorporated, Vertex Pharmaceuticals (Europe) Limited, the Biomedical Advanced Research and Development Authority, the Defense Advanced Research Projects Agency, the National Institute of Allergy and Infectious Diseases, the National Institutes of Health, the Coalition for Epidemic Preparedness Innovations, Metagenomi, Inc., and Bill & Melinda Gates Foundation. Moderna, Inc. also has collaborations with Lonza Ltd.; Catalent Inc., Laboratorios Farmacéuticos Rovi, S.A., Recipharm, and Lonza Group; Aldevron, LLC; Institute for Life Changing Medicines; and AbCellera Biologics Inc. The company was formerly known as Moderna Therapeutics, Inc. and changed its name to Moderna, Inc. in August 2018. Moderna, Inc. was founded in 2010 and is headquartered in Cambridge, Massachusetts.
META BUY IDEAMETA has currently fell from it's All Time High to form a new Lower Low. The pullback is a healthy pullback forming at ABCD pattern. We have the initial High point which is our A then the fall to the Lower Low which is our B. Our C point could be represented by the current pullback that made a new Lower High. IF price does not break that last swing high, then we could see a push down past the last purple line to the blue lines which represents the 127 fib and 161.8 fib support levels. Three potential buy in opportunities would be, the double bottom support form on the bottom purple line and the blue zones below it. So, you have three Buy in targets that you could target to ride back up to the All time highs until it break from there to make a new All time high. This is only my opinion and not financial advice. Please do your own due diligence before investing.
MANAUSD BUY IDEADMana has pulled back into the GOLDEN zone areas of 50%-71% fib support levels. If we hold these strong levels of support/floor, we could potentially see our next push up to test previous highs of $5.50 again to the 161.8 fib resistance of $7. Currently price is at $4.90 which is a great buy in price. Targets are set from fib levels resistance zones. First potential target is the 100% fib level, Second potential target is the 127 fib level and finally Target to 161.8 fib level. But I would take profit accordingly as price rise hitting the different profit targets. This is not financial advice and I'm not a financial advisor, please do your own due diligence this is only my opinion.
Long opportunity on NZDUSD for this week??Share your idea in the comment section about this pair and let's debate
Good Week, Michel_FRX
DISCLAIMER:
1. Be aware this is not financial advice so trade carefully and have stop loss for sure
2. Past performance is not indicative of future results.
GBPJPY quick buy opportunity Looking for buy opportunities, if price can quickly push back to the upside, otherwise ill be looking at a retracement followed by a continuation lower.
Gold Rally to 2,130Gold is in its' last wave up (Wave 5) and specifically in wave 3 of 5 (the strongest impulsive wave), it is now on its' trendline which has been intact since March 2020 and is a sub trendline of the bigger uptrend that has been intact for 4 years now. Moreover, gold is now on the 61.8% Fibo level which supports the scenario of gold going up.
Targets are calculated based on Fibonacci extensions and gold is expected to extend to new all time highs. A safe target would be 2,045 however it is expected to break the previous ATH and reach the following targets:
2,130 ---> 2,180 ---> 2,300
A proper stop loss would be below the 1,756 level to protect the trade from whipsaws and it is recommended to move SL to breakeven right after the breaking of the 1,960 level.
