JSMR will shine during Eid holidays 2022. Buy now !!positive sentiment supported the movement of JSMR shares during the Eid holiday season. Based on the news and also from a technical perspective, JSMR shares are also in an uptrend phase with a bullish candle supported by an increasing volume along with an increase in the oscillator and MACD indicators
Buysignal
Serum (SRM) Sell ZoneSerum (SRM) Sell Zone
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BIAS
Short-Term : Neutral
Mid-Term : Bullish
Risk : Medium
After rejecting $2.1 zone Serum has gone up to $2.3 zone it looks like they have enough buying intentions to push us higher in the next few days.
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$SRM/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 2.25 - 2.12
TP 1 : 2.35
TP 2 : 2.45
TP 3 : 2.555
TP 4 : 2.65
TP 5 : 2.83
TP 6 : 2.95
TP 7 : 3.06
TP 8 : 3.15
Stop Loss : 2.06
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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$CINT is building a base you can't ignore and here's why!* Was building out a cup an handle pattern
* Was due to break above $19 but due to the current market conditions it pulled back
* Since then $CINT has been in a range that's getting tighter and tighter
* Currently it's forming a pennant pattern
* The price has to break out of this pennant by May 11th, 2022 either to the up side or to the down side
* Just yesterday it printed a pocket pivot which is a sign of institutional accumulation
* Now's a great time to start accumulating as the consolidation's getting tighter
* You can manage risk just under the base of the pennant or around the $14.82 area
* Currently showing tonnes of strength and a high UD Ratio of 1.95 tells that it's being accumulated right now.
Outlook:
* Start accumulating
* If it breaks out of the pennant wait for a clean close above $19 to add more to your initial position
* Cut losses quickly as this can go south pretty fast should it break below the pennant.
Technicals:
* Sector: Technology - Software - Infrastructure
* Relative Strength vs. Sector: 3.54
* Relative Strength vs. SP500: 9.35
* U/D Ratio: 1.95
* Base Depth: 105.1%
* Distance from breakout buy point: -21.2%
* Volume 179.83% above its 15 day avg.
$DOW breaking out of a ~13 month base. Can it go higher?Notes/Thoughts:
* Great earnings record
* Strong up trend
* Breaking out of a ~13 month base with higher than average volume
* Recently used historical highs of $65.56 as support
* Last bullish hammer indicating tonnes of demand below $67.49
* Extremely close to the broken resistance of $67.49 offering a great risk/reward
Technicals:
* Sector: Basic Materials - Chemicals
* Relative Strength vs. Sector: 9.19
* Relative Strength vs. SP500: 8.08
* U/D Ratio: 1.2
* Base Depth: 29.46%
* Distance from breakout buy point: 0.86%
* Volume 46.06% above its 15 day average.
Trade Idea:
* You can enter now as the price is really close to the broken base resistance
* Manage risk accordingly
* If you're looking for a slightly better entry you may wait for the price to pull back to $67.49
* Due to the nature of this choppy market I've reduced my stop and targets accordingly.
$WLK ready to head higher?Notes/Thoughts:
* Strong earnings in the recent quarters
* Strong up trend in the longer time frames
* Broke out of its base and started to move higher but due to recent market conditions it pulled back and is now showing signs of continuation
* Close to the pullback recovery area of $127.11
* Recently tested historical all-time-highs of $114.47 as support
Technicals:
* Sector: Basic Materials - Specialty Chemicals
* Relative Strength vs. Sector: 13.47
* Relative Strength vs. SP500: 11.83
* U/D Ratio: 1.45
* Base Depth: 12.05%
* Distance from breakout buy point: 0.75%
* Volume 19.05% above its 15 day average.
Trade Idea:
* You can enter now as the price is still close to the pull back recovery buy area
* Manage risk accordingly
* Due to the current choppy market conditions I've tightened my stop to 4% and reduced my target to 6%.
Ripple (XRP) Buy ZoneRipple (XRP) Buy Zone
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BIAS
Short-Term : Bullish
Risk : Medium
Expecting to see a short-term lower time frame we can expect to see at least a short term bounce of 3-5% overall.
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$XRP/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 0.7135 - 0.705
TP 1 : 0.7185
TP 2 : 0.726
TP 3 : 0.7285
TP 4 : 0.7335
TP 5 : 0.7385
TP 6 : 0.7445
TP 7 : 0.75
TP 8 : 0.755
Stop Loss : 0.6935
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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MCX a Long OpportunityI was looking at MCX on the 1h TF and observe that price has crossed the cheap entry zone as per the ProTrader script. I have seen that on many occasions, when the levels are drawn, price attempts to reach at least the first marked level. I think this time also it will do so.
For the curious, the levels are based on Fibonacci sequence and are automatically plotted by the ProTrader script.
Let's see how it works out.
$HYMC Next Target PTs 3.50 and higher Long term PT 30 and higherHycroft Mining Holding Corporation, together with its subsidiaries, operates as a gold and silver development company in the United States. The company holds interests in the Hycroft mine that covers an area of approximately 70,671 acres located in the state of Nevada. As of December 31, 2021, its Hycroft mine had measured and indicated mineral resources of 9.6 million ounces of gold, and 446.0 million ounces of silver. Hycroft Mining Holding Corporation is headquartered in Winnemucca, Nevada.