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Buythedip

Still in a bullish trendWhen we see a moving average with an upward trend with higher highs and higher lows, the bull trend is confirmed. Every test of the moving average should be seen as a potential buying opportunity, especially when adding from a long-term perspective. We also see a test of September highs as support at the same level. Risk-reward-ratio is over 3 when targeting current all-time highs. --------------------- For people wondering about the Santa Claus Rally: The trading days are 5 days of 2021 and the first 2 trading days of 2022.
SP:SPXLong
by dorfmanmaster
4
Facebook : Ongoing & upcoming trade(s)If you found a stock that you are so convinced that is so financially sound, currently undervalued, has a strong MOAT and very unlikely to be bankrupt in the near future then one of the fun but risky but very high rewarding strategy is to buy it's share price decline or I like to call it "correction" Why 7% correction? I found that the average minimum correction that Facebook stock have and followed by a rally after rounding it up is 7%. A correction more than that does happen and it results in a rally after a correction. Yes this is very risky and you can say very dangerous. Do your due dilligence, establish if the stock you are evaluating fits the criteria that I mentioned above.. and stick to it until fundamentally doesn't make any sense Buying the dip/fall ofcourse is not my only trading strategy. I do have a trend following/momentum based strategy. A TSI crossover gives a warning that a buy is soon to happen.. a break of the filter line and/or price structure, will prompt me to buy the shares. Currently I am in a +ve and no exit signal have been triggered yet Price structure have formed (when a rally stops and followed by a bearish candle) and that is time for me to measure 7%, 10% and so on where I put limit orders.
NASDAQ:METALong
by sufiansaid
TOPUP Buying The Dip Strategy //This is just a TOPUP Buying The Dip Strategy that you can incoporate with your existing DCA type investments What I like about trading Commodity based ETF (i.e Oil and Gold), every falling price will always means its just a correction. Meaning, after a dip it will again rally. Unlike stocks, it's difficult perhaps borderline impossible for commodity price to fall below zero (in this case for oil, it did but not for long) hence ETF that tracks the price of Oil will never go below zero. Everytime this ETF make 50% correction, you buy the ETF shares. That's the strategy. Now I do not recommend to use a buy and hold strategy here. You need to decide how you want to take profit as soon as you buy the shares. Percentage based? Momentum based? trailing stop? fundamentally based? All up to you The whole point of this post is to show every correction/falling price, its an opportunity to buy. This is a monthly chart and such opportunity only occured 3 times in the last 20+ years.. hence why I call this just a TOPUP strategy. This can work with other commodity based ETF and you even can use this for SP 500 but waiting for 50% correction would be very rare but perhaps shorter corrections like 6-8%
AMEX:XLELong
by sufiansaid
Wyckoff Accumulation Bitcoin 4HAccording to Wyckoff, the market can be understood and anticipated through detailed analysis of supply and demand, which can be ascertained from studying price action, volume and time. PS—preliminary support, where substantial buying begins to provide pronounced support after a prolonged down-move. Volume increases and price spread widens, signaling that the down-move may be approaching its end. SC—selling climax, the point at which widening spread and selling pressure usually climaxes and heavy or panicky selling by the public is being absorbed by larger professional interests at or near a bottom. Often price will close well off the low in a SC, reflecting the buying by these large interests. AR—automatic rally, which occurs because intense selling pressure has greatly diminished. A wave of buying easily pushes prices up; this is further fueled by short covering. The high of this rally will help define the upper boundary of an accumulation TR. ST—secondary test, in which price revisits the area of the SC to test the supply/demand balance at these levels. If a bottom is to be confirmed, volume and price spread should be significantly diminished as the market approaches support in the area of the SC. It is common to have multiple STs after a SC. Test—Large operators always test the market for supply throughout a TR (e.g., STs and springs) and at key points during a price advance. If considerable supply emerges on a test, the market is often not ready to be marked up. A spring is often followed by one or more tests; a successful test (indicating that further price increases will follow) typically makes a higher low on lesser volume. SOS—sign of strength, a price advance on increasing spread and relatively higher volume. Often a SOS takes place after a spring, validating the analyst’s interpretation of that prior action. LPS—last point of support, the low point of a reaction or pullback after a SOS. Backing up to an LPS means a pullback to support that was formerly resistance, on diminished spread and volume. On some charts, there may be more than one LPS, despite the ostensibly singular precision of this term. BU—“back-up”. This term is short-hand for a colorful metaphor coined by Robert Evans, one of the leading teachers of the Wyckoff method from the 1930s to the 1960s. Evans analogized the SOS to a “jump across the creek” of price resistance, and the “back up to the creek” represented both short-term profit-taking and a test for additional supply around the area of resistance. A back-up is a common structural element preceding a more substantial price mark-up, and can take on a variety of forms, including a simple pullback or a new TR at a higher level.
Long
by DC-Automation
5
$NKE - Intricate Weekly Trading PlanHey all! Just gonna get right into it. Dips at 166.62 should be bought. Dips at 164.75 should REALLY be bought. Very high chance we bounce at both of those levels and capture a clean 6.5% move intraweek. A break of 173.35 will likely lead us to 175, and then ATHs. I'm less confident in trading this break simply due to the formation of lower highs. I'm afraid the break will get stopped in its tracks. A loss of 164.75 will be violent, so have your stops set. If we lose 164.75 look to swap to puts FAST. Not too sure where the bottom will be on this one. GLHF everyone!
NYSE:NKE
by FluxTrades
GPN Weekly Options PlayDescription This is essentially a "buy the dip" index play intending to ride a retracement as GPN tags and bounces off of a major support level @ 119. Sort-of Hedge for heavy short account. Using a call debit spread to bring the price down and reduce risk. Call Debit Spread Levels on Chart SL < 119 PT : 135 *Stops based off underlying stock price, not mark to market loss The Trade BUY 12/17 125C SELL 12/17 135C R/R & Breakevens vary on fill. Manage Risk Only invest what you are willing to lose
NYSE:GPNLong
by BarnardR
To Buy The Dip or Not To Buy The Dip - Place Your Bets!So here's your stock market correction update: S&P 500 -5% Nasdaq-100 -7% Russell 2000 -13% Pick your bottoms carefully. I generally think that a -10% correction is a great drawdown point to start entering. But, at the same time, some individual stocks have been totally crushed from Zoom to Palantir and Peloton and more. These big, pandemic, names have been cratering 30%, 40% and 50%. Just look around the market and you will see that it is a stock picker's bear market! The three charts above showing the indexes that I am most interested in: S&P 500 Nasdaq-100 Russell 2000 I don't show the Dow because it is just 30 companies. There are over 5,000 stocks in the market today and even more cryptocurrencies. I really don't want to compare just 30 companies no matter how large they are. I am not interested. All that matters now to me is where the bottom will be found. Small caps are -13% and they tend to be my favorite playing field. So I am looking deeply into that world. But also the Nasdaq-100 is down 7% from its highs. Let's just I've set an alert for the Nasdaq-100 and the moment it hits -10%. I think that will be an interesting choice. Thanks for reading!
NASDAQ:QQQ
by scheplick
7
BTC on sale? Buy opportunity o just OMICRON still pushing down? Today I woke up to find out that BTC was going down again. Since late November, we haven't seen a clear bullish trend. A lot of factors are related to this from my point of view. OMICRON, Black Friday, J. Powell... etc. It makes me wonder, WHAT IS GOING ON? maybe it is just another chance to buy the deep. It keeps fighting hard around the 50% FIB and the price is touching the 128 MA wish is a historically strong support level. Let's see what's going to happen. I believe the bullish trend is still there, only we saw a few uncanny weeks with some bearish fundamentals, but our levels of support are still there, firm as always!
BITSTAMP:BTCUSD
by TradersJournal