The Consumer Stables sector $XLP is looking bullish!* Breaking out of an inverse head and shoulders pattern
* Measured objective for the pattern is around the all-time-highs
You can trade the ETF itself or find buying opportunities in individual stocks in this sector.
DYDD before buying anything and always manage your risk!
Buysignal
$AJG is coming up on the right side of its base!Notes:
* Very strong up trend on all time frames
* Great earnings track record
* Basing for the past ~7 months
* Offering a very low risk entry
* Recently saw a retest of its 50 day line
* Held up really well while the general market and the Financial sector where taking a beating
Technicals:
Sector: Financial - Insurance Brokers
Relative Strength vs. Sector: 1.23
Relative Strength vs. SP500: 1.29
U/D Ratio: 1.25
Base Depth: 25.64%
Distance from breakout buy point: -8.82%
Volume 45.14% above its 15 day avg.
Trade Idea:
* You can enter now as the price tries to break through the 170 level with higher than average volume and while the price is still close to its 50 day line
* You can wait for the break and close above 170 before entering as that would signal that it's ready to move higher
* If you're looking for a lower entry you may find one around the 167.55 area as that should hold as short term support
* This stock usually has local tops when the price closes around 9.35% above its 50 EMA
* Consider selling into strength if the price closes 9.15% to 9.55% (or higher) above its 50 EMA
* The last closing price is 3.69% away from its 50 EMA
$HWM is forming a nice pivot. Can it move higher from here?Notes:
* Strong up trend since 2020
* Great earnings in the recent quarters
* Basing for the past ~14 months
* Recently bounced off historical highs around $31
* Forming a nice and tight pivot area around $35
* Offering a very low risk entry
* Showing signs of strength and accumulation
Technicals:
Sector: Industrials - Specialty Industrial Machinery
Relative Strength vs. Sector: 1.33
Relative Strength vs. SP500: 1.31
U/D Ratio: 1.74
Base Depth: 33.89%
Distance from breakout buy point: -4.99%
Volume 8.49% above its 15 day avg.
Trade Idea:
* You can enter now as it's trying to break above the $35 resistance level
* Or you can wait for a clear break above it before entering
* If you're looking for a lower entry you may find one around the $34.3 area as that's the bottom of the tight range
* This stock usually has local tops when the price closes around 10.23% above its 50 EMA
* Consider selling into strength if the price closes 10.03% to 10.43% (or higher) above its 50 EMA
* The last closing price is 3.69% away from its 50 EMA
$BJ ready to move higher from here?Notes:
* Very strong up trend on all time frames
* Great earnings track record
* Forming a double bottom base for the past ~8months
* It seems like this recent gap down may be forming a handle to the double bottom base
* It needs to hold above $66.35 as support in order to stay bullish
Technicals:
Sector: Consumer Defensive - Discount Stores
Relative Strength vs. Sector: 1.11
Relative Strength vs. SP500: 1.11
U/D Ratio: 2.08
Base Depth: 41.69%
Distance from breakout buy point: -8.68%
Volume 5.8% above its 15 day avg.
Trade Idea:
* You can enter now as it's showing demand around its 50 day line with higher than average volume
* If you're looking for a better entry you can look for one around the $66.35 area as that does seem like an area of support
* This stock usually has local tops when the price closes around 10.68% above its 50 EMA
* Consider selling into strength if the price closes 10.48% to 10.88% (or higher) above its 50 EMA
* The last closing price is 4.3% away from its 50 EMA
Wait for the break out! Always to your own analysis
But take what you can from others and make into your own.
No one trade or think the same, er alle have diff goals and targets and money.
But the fact is the course is where it is, now its up to you to find out what you wanna do IF you wanna do anything.
Is $GPK ready to push higher?Notes:
* Strong up trend on all time frames
* Good earnings in the recent quarters
* Pays out dividends
* Recently bounce off of its 200 day line and now pushing off of its 50 day line
* Also printed a Pocket Pivot indicating institutional demand
Technicals:
Sector: Consumer Cyclical - Packaging & Containers
Relative Strength vs. Sector: 1.2
Relative Strength vs. SP500: 1.37
U/D Ratio: 1.46
Base Depth: 17.74%
Distance from breakout buy point: -4.42%
Volume 54.56% above its 15 day avg.
Trade Idea:
* You can enter now as the price seems to be pushing higher from the 50 day line and is currently offering a low risk entry
* If you're looking for a better entry you can look for one around the $21.10 area
* This stock usually has local tops when the price closes around 8.52% above its 50 EMA
* Consider selling into strength if the price closes 8.32% to 8.72% (or higher) above its 50 EMA
* The last closing price is 3.59% away from its 50 EMA
$EQNR coming up on the right side of its base!Notes:
* Strong up trend since 2020 on all time frames
* Good earnings in the recent quarters
* Pays dividends
* Basing for the past ~5 months
* Showing signs of coming up as the Energy sector shows strength
* Came back above its 50 day line with higher than average volume
* Lots of accumulation recently
* Also printed a Pocket Pivot indicating institutional demand
Technicals:
Sector: Energy - Oil & Gas Integrated
Relative Strength vs. Sector: 11.83
Relative Strength vs. SP500: 1.85
U/D Ratio: 1.15
Base Depth: 22.21%
Distance from breakout buy point: -8.12%
Volume 1.69% above its 15 day avg.
Trade Idea:
* You can enter now as the price is coming back up above its 50 day line
* If you're looking for a better entry you can look for one around 34.50
* This stock usually has local tops when the price closes around 15.28% above its 50 EMA
* Consider selling into strength if the price closes 15.08% to 15.48% (or higher) above its 50 EMA
* The last closing price is 3.34% away from its 50 EMA
SAP SE (SAP.de) bullish scenario:The technical figure Falling Wedge can be found in the daily chart in the German company SAP SE (SAP.de). SAP SE is a German multinational software company. It develops enterprise software to manage business operations and customer relations. The company is the world's leading enterprise resource planning (ERP) software vendor. SAP is the largest non-American software company by revenue, the world's third-largest publicly traded software company by revenue, and the second largest German company by market capitalization. The Falling Wedge has broken through the resistance line on 23/07/2022, if the price holds above this level, you can have a possible bullish price movement with a forecast for the next 26 days towards 96.90 EUR. Your stop-loss order, according to experts, should be placed at 84.28 EUR if you decide to enter this position.
SAP SE SAP delivered second-quarter 2022 non-IFRS earnings of €0.96 per share down 45% from the year-ago quarter’s levels. The downside was caused by tougher year-over-year comparisons pertaining to contribution from Sapphire Ventures.
Total revenues, on a non-IFRS basis, were €7.517 billion ($8.009 billion), up 13% year over year, driven by strength in cloud business.
However, SAP has lowered full year operating profit guidance due to the €350-million negative impact from the war in Ukraine and expectations of a decline in software licenses revenue. The company now projects non-IFRS operating profit in the range of €7.6-€7.9 billion, indicating a decline of 4-8%. Earlier, the company guided non-IFRS operating profit in the range of €7.8-€8.25 billion, indicating flat to down 5%.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Snapchat near a great buy zonesnapchat is a closer to his perfect buy zone
today snap react well to 9.5$ and seems to be a gerat support
another strong support is the 8$ , if 9.5 broken all zone 9.8$--->8$ seem to be the best zone to buy snapchat
for the hesitate one wait to the 5$ support but at this time not sur to reach that level
Will bitcoin explode again?Bitcoin is one of the most successful investments, even after falling by more than 74%, many are still hoping to capture good buying positions. Signs of buying have already begun to appear on the chart and indicators,
Indeed, the first resistance level 21700 has been broken, as well as the second 22500 which is now being tested, If the price rebounds from testing the areas, I think that the price will record a good rise After Bounce confirmation, the first target is 32000
Is $CAL ready to move higher after pulling back?Notes:
* Strong up trend since 2020
* Great earnings in the recent quarters
* Pays out dividends
* Creating a base for the past ~14 months
* Recently bounced from its 200 day
* Pulled back to its 50 day and is now showing signs of recovery with volume
* Historical resistance comes in around 29.85
Technicals:
Sector: Consumer Cyclical - Footwear & Accessories
Relative Strength vs. Sector: 2.83
Relative Strength vs. SP500: 3.88
U/D Ratio: 1.4
Base Depth: 66.55%
Distance from breakout buy point: -6.6%
Volume 27.64% above its 15 day avg.
Trade Idea:
* You can enter now since volume's coming in as it bounces from its 50 day line
* If you're looking for a better entry you can look for one around the 27.3 area as that would be ~50% of the bullish pin bar we got in the last session
* This stock usually has local tops when the price closes around 21.42% above its 50 EMA
* Consider selling into strength if the price closes 21.22% to 21.62% (or higher) above its 50 EMA
* The last closing price is 5.76% away from its 50 EMA
GOLD BEEN PLAYING WITH OUR MINDS LATELY!On the weekly If it drops to 1685 thats my SL I'm going place a small lot base of my account size and wait for confirmations of Gold rejecting to the downside buylimit @ 80 and 75 still valid for me even if its 54 pips to the upside... Gold is oversold and it needs to rise...
NYSE - SwingTrading: Buy Signal DLTRThe stock DLTR on our watchlist crossed a low risk enty point and generated a buy signal, we have added the stock to the JS-TechTrading portfolio.
SL is less than 5.74% (SL at 161.9), profit target is > 12%.
DLTR has a high relative strentgh (IBD style) and broke out of a volatility contraction pattern earlier today under high volume . Until now, the price / volume action is great.
We have recommended to open an DLTR position to our clients in real-time earlier today.
Can $SNPS continue to lead the tech sector?Notes:
* Very strong up trend on all time frames
* Amazing earnings track record
* Basing for the past ~7 months while the Tech sector and the general market were getting hammered
* Coming off of its 50 day line with higher than average volume
* Coming up on the right side of its base
* Offering a low risk entry
* Showing tonnes of strength and signs of accumulation
* Printed a pocket pivot indicating institutional buying
Technicals:
Sector: Technology - Software - Infrastructure
Relative Strength vs. Sector: 1.48
Relative Strength vs. SP500: 1.42
U/D Ratio: 1.61
Base Depth: 44.77%
Distance from breakout buy point: -14.32%
Volume 20.92% above its 15 day avg.
Trade Idea:
* You can enter now as it's just bouncing off of its 50 day line with higher than average volume
* If you're looking for a better entry you may be able to find one around the $317.73 area
* This stock usually has local tops when the price closes around 12.54% above its 50 EMA
* Consider selling into strength if the price closes 12.34% to 12.74% (or higher) above its 50 EMA
* The last closing price is 5.42% away from its 50 EMA
Is $WWE offering a low risk early entry?Notes:
* Strong up trend on all time frames
* Great earnings track record
* Consolidating for the past ~14 months
* Now approaching resistance of its base
* Bouncing off of its 50 day line with higher than average volume
* Showing tonnes of relative strength and signs of accumulation
* Printed a pocket pivot indicating institutional buying
Technicals:
Sector: Communication Services - Entertainment
Relative Strength vs. Sector: 1.55
Relative Strength vs. SP500: 1.64
U/D Ratio: 1.62
Base Depth: 49.38%
Distance from breakout buy point: -7.8%
Volume 67.5% above its 15 day avg.
Trade Idea:
* You can enter now as it's just moving off of its 50 day line with higher than average volume
* If you're looking for a better entry you might be able to find one around $63.18
* This stock usually has local tops when the price closes around 13.18% above its 50 EMA
* Consider selling into strength if the price closes 12.98% to 13.38% (or higher) above its 50 EMA
* The last closing price is 3.18% away from its 50 EMA