Buyzone
$FTNT taking off from its launch pad!Notes:
* Strong up trend on all time frames
* Great earnings track record
* Basing for the pas ~9 months
* Moving higher from its launch pad with higher than average volume and another quarter of better than expected earnings
* It's also breaking out of an ascending triangle
Technicals:
Sector: Technology - Software - Infrastructure
Relative Strength vs. Sector: 5.72
Relative Strength vs. SP500: 54.15
U/D Ratio: 1.53
Base Depth: 51.61%
Distance from breakout buy point: -15.43%
Volume 24.53% above its 15 day avg.
Trade Idea:
* You can enter now as the price is moving higher from its launch pad with higher than average volume and on better than expected earnings
* If you're looking for a better entry you may be able to get one around the 61.9 area
* This stock usually has local tops when the price closes around 15.74% above its 50 EMA
* Consider selling into strength if the price closes 15.54% to 15.94% (or higher) above its 50 EMA
* The last closing price is 6.2% away from its 50 EMA
Is $AJG making the handle to its cup?Notes:
I last spoke about this on July 26, 2022 and since then gone up but came back down erasing almost all of the gains. If you didn't take profits earlier on its gap up that's okay as it seems like $AJG may be making the handle to its cup. Keep an eye on the $170 area as it should hold as support.
It seems now that the earnings reaction has passed it may bounce from here and continue its momentum. Based on its trend, volume and price level my radar is signalling a buy around this price.
Technicals:
Sector: Financial - Insurance Brokers
Relative Strength vs. Sector: 1.81
Relative Strength vs. SP500: 3.86
U/D Ratio: 1.28
Base Depth: 24.23%
Distance from breakout buy point: -6.5%
Volume 7.22% above its 15 day avg.
Trade Idea:
* You can enter now if you haven't already or add to your existing position as the price is coming towards support
* If you want to be a bit cautious you can wait a couple of sessions to see how the price behaves around this level and get in on a later potential buy signal
* I would personally suggest the later as it's a bit more of a defensive play
* 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 3.9% away from its 50 EMA
Is $ATEN ready to come up on the right side of its base?Notes:
* Strong up trend since 2020
* Great earnings track record
* Basing for the past ~9 months
* Just broke back above IPO highs of $14.9 on the monthly time frame and retested it as support
* Recently came above its 200 day line and now coming above its 50 day
* Showing strength and accumulation
* Printed a pocket pivot in the last session indicating institutional demand
Technicals:
Sector: Technology - Software - Infrastructure
Relative Strength vs. Sector: 23.55
Relative Strength vs. SP500: 4.61
U/D Ratio: 1.59
Base Depth: 50.68%
Distance from breakout buy point: -18.94%
Volume 5.58% above its 15 day avg.
Trade Idea:
* This is offering a low risk entry so you can enter now as the price is still close to its 50 day line and just retested $14.9 (Historical highs) as support
* If you're looking for a better entry you may be able to find one around the $14.9 area as that should hold as support moving forward
* This stock usually has local tops when the price closes around 17.84% above its 50 EMA
* Consider selling into strength if the price closes 17.64% to 18.04% (or higher) above its 50 EMA
* The last closing price is 6.26% away from its 50 EMA
SAND/USDT - Cup&handle Pattern - perfect buy zone for LONG!We're gonna get seemingly a Cup&Handle Pattern soon.
Now we're in a perfect buy zone, for both shorter- and longer- term in my opinion.
If we can defeat the previous high later, my target would be around 1,06 USDT, as marked on the chart.
Good luck!
LONG
$FPI is coming up on the right side of its base!Notes:
* Strong up trend
* Not the best earnings record but the last report was really good
* Creating a base within a base
* Recently broke above historical highs of 14.42
* Increasing volume since the last earnings report
* Recently bounced off of the 50 day line with bullish price action and volume
Technicals:
Sector: Real Estate - REIT - Specialty
Relative Strength vs. Sector: 1.23
Relative Strength vs. SP500: 2.49
U/D Ratio: 1.25
Base Depth: 22.36%
Distance from breakout buy point: -9.29%
Volume 57.34% above its 15 day avg.
Trade Idea:
* You can enter now as the price is just coming off of the 50 day line with increasing volume
* If you're looking for a better entry you can look for one around the 14.42 area as that should serve as support moving forward
* This stock usually has local tops when the price closes around 18.47% above its 50 EMA
* Consider selling into strength if the price closes 18.27% to 18.67% (or higher) above its 50 EMA
* The last closing price is 4.8% away from its 50 EMA
$CI is breaking out of a ~14 month cup with handle pattern!Notes:
* Very strong up trend on all time frames
* Great earnings track record
* Breaking out of a ~14 month cup with handle pattern
* It did break out before but then pulled back (seems like a shakeout)
* Now it's been in a tight range just above the broken resistance creating new support
* The last session printed a pocket pivot indicating institutional buying
Technicals:
Sector: Healthcare - Healthcare Plans
Relative Strength vs. Sector: 5.55
Relative Strength vs. SP500: 28.95
U/D Ratio: 1.77
Base Depth: 43.95%
Distance from breakout buy point: 1.09%
Volume -5.44% below its 15 day avg.
Trade Idea:
* You can enter now as the price is just above the broken resistance with the last session being a pocket pivot
* If you want a better entry you can look for one around the 270.1 area
* This stock usually has local tops when the price closes around 9.18% above its 50 EMA
* Consider selling into strength if the price closes 8.98% to 9.38% (or higher) above its 50 EMA
* The last closing price is 3.9% away from its 50 EMA
$EQNR moving up on the right side of its base!Notes:
* Strong up trend
* Good earnings in the recent quarters
* Pays out a nice dividend
* Created a double bottom and is now moving up on the right side of its base
* Recently bounced off of its 50 day line
Technicals:
Sector: Energy - Oil & Gas Integrated
Relative Strength vs. Sector: 5.8
Relative Strength vs. SP500: 3.16
U/D Ratio: 1.16
Base Depth: 22.21%
Distance from breakout buy point: -3.9%
Volume 13.32% above its 15 day avg.
Trade Idea:
* You can enter now as the price and volume are indicating bullish momentum
* If you're looking for a better entry you can look for one around the $36.55 area
* 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 7.24% away from its 50 EMA
Is $PAG recovering from its pull back?Notes:
* Strong up trend on all time frames
* Great earnings track record
* Pays out dividends
* Coming up on the right side of its base
* Basing for the past ~9 months and creating a base within a base
* Just breaking above the ~112 (historical resistance weekly chart) area with higher than average volume and bullish price action
* In the Automotive industry which is pretty hot right now
* Using the 50 day line as a dynamic level of support for the past several sessions and now bouncing off with higher than average volume
Technicals:
Sector: Consumer Cyclical - Auto & Truck Dealerships
Relative Strength vs. Sector: 2.12
Relative Strength vs. SP500: 2.92
U/D Ratio: 1.02
Base Depth: 20.61%
Distance from breakout buy point: -8.45%
Volume 38.61% above its 15 day avg.
Trade Idea:
* You can enter now as the price is just bouncing off of its 50 day line with higher than average volume
* If you're looking for a better entry you can look for one around the ~110.5 area
* This stock usually has local tops when the price closes around 12.3% above its 50 EMA
* Consider selling into strength if the price closes 12.1% to 12.5% (or higher) above its 50 EMA
* The last closing price is 5.63% away from its 50 EMA
Is $MUSA ready for another run?Notes:
I last mentioned $MUSA on July 7th, 2022 and since then it has run up more than 12% hitting our target.
Since hitting our target $MUSA has been in an orderly pull back to the broken resistance of $262.58 and testing that as support.
* Ideally, this should now hold above $262.58 in order to stay constructive. A daily close, or two, would signal weakness.
Now that earnings are out better than expected we may be able to expect another run up.
Everything else remains the same as my previous post.
Technicals:
Sector: Consumer Cyclical - Specialty Retail
Relative Strength vs. Sector: 2.36
Relative Strength vs. SP500: 3.75
U/D Ratio: 1.27
Base Depth: 19.38%
Distance from breakout buy point: 1.66%
Volume 19.89% above its 15 day avg.
Trade Idea:
* You can enter now since the earnings are out of the way and it's bouncing off of support with higher than average volume.
* It may also consolidate for the remainder of this week so if you want a better entry you can look for one around the $262.58 level
* This stock usually has local tops when the price closes around 14.62% above its 50 EMA
* Consider selling into strength if the price closes 14.42% to 14.82% (or higher) above its 50 EMA
* The last closing price is 7.35% away from its 50 EMA
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!
$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
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
$EQNR coming up on the right side of its base!Notes:
* Strong up trend since 2020 on all time frames
* Good earnings in the recent quarters
* Pays dividends
* Basing for the past ~5 months
* Showing signs of coming up as the Energy sector shows strength
* Came back above its 50 day line with higher than average volume
* Lots of accumulation recently
* Also printed a Pocket Pivot indicating institutional demand
Technicals:
Sector: Energy - Oil & Gas Integrated
Relative Strength vs. Sector: 11.83
Relative Strength vs. SP500: 1.85
U/D Ratio: 1.15
Base Depth: 22.21%
Distance from breakout buy point: -8.12%
Volume 1.69% above its 15 day avg.
Trade Idea:
* You can enter now as the price is coming back up above its 50 day line
* If you're looking for a better entry you can look for one around 34.50
* This stock usually has local tops when the price closes around 15.28% above its 50 EMA
* Consider selling into strength if the price closes 15.08% to 15.48% (or higher) above its 50 EMA
* The last closing price is 3.34% away from its 50 EMA
SOLANA undervalue areas for buyHi guys.
solana ecosystem record a high TVL in past month and have a potential to grow in coming months.
but we are in a downtrend now and altcoins loss their marketcap in this cycle.
after SOL reach strong resistance in 45$ react and go down again and cant support in 40 support level.
so we reach under this level and we have a good support in around 35$.
i think we will see a strong support in this level and a good area FOR BUY ONE STEP.
after that if we see demand signs we could buy another step or if not we buy a step in lower prices like 28 or 25$.
remember the ecosystem TVL growing and have a good potential too pump up after FOMC place its interest rate and market
eat it :)
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
TSLA, Whats next and what are possible targets and buyzones?TSLA found a strong support at 50 % Retracement level. Does it continue to move up?
There are many details and somehow interesting tips in the video which you may find helpful !
We always trade safe and smart don't we?
Good luck everybody !
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