ASGN forming an A+ setup with multiple patterns!* Strong earnings year over year
* Strong up trend
* Broke out of a 5 month consolidation
* During the consolidation it created a cup and handle pattern
* After breaking the cup and handle pattern it consolidated just above the broken levels creating a base over base
* Volume is now picking back up after base over base consolidation (53.53% above average)
* Minimum probable ROI of 20% can be expected if the trade goes in our favor
Buyzone
HLI to continue higher?* Exceptional earnings year over year
* Very strong up trend since inception
* Broke out of a month long consolidation with 72.99% more volume than average
* Under very tight accumulation for the past 5 weeks
* Pays out dividends with a Payout ratio of 26.70%. This means the company has a lot more room to grow and possibly increase dividends as well.
Trade Idea:
* Now is the perfect time to enter as it's still close to the broken level and is picking up momentum with volume.
* If you are looking for a small discount, this may come down to retest the $88.90 area before heading higher.
POSSIBLE LONG POSITION ON EURUSDIf the highlighted area hold we can expect buying pressure to set in after the breakout, consolidation, of the falling wedge formation. However if it breaks below we can expect retest and the bears to take over. Will update as time goes on, stay tuned!
Good Luck.
God Bless!
SYK breaking out once again with higher volume!* Exceptional earnings year over year
* Very strong up trend
* Breaking out of a 4 month consolidation period with 63.09% more volume than average
* Pays out dividends with a Payout ratio of 44.50% which means that the company has a lot of room to grow further and possibly increase dividends as well!
* Probable ROI is 12.98% if the trade goes in our favor
Trade Idea:
* This is a great time to get in as it's breaking out for the second time after using the $268 area as support that made a higher low!
AMRC to go higher?* Great earnings year over year
* Very strong up trend
* Breaking out of a year-to-date consolidation with 40.98% more volume than average
* This trade as a chance of giving an ROI of 86.26% if it plays out in our favor.
Trade Idea:
* Now is the best time to jump into this as it's very close to the breakout point and it's picking up volume as well.
GBPJPY - Bullish BatA Bullish Bat Pattern may complete at 151.78 for a buying opportunity within the buy zone. The earliest time it can be tradable will be at 11 am (+8GMT).
Yes, there are lots of filters that most traders aren't aware of, and it's not a comparison on its execution of Harmonic Patterns reaction in the Forex Market VS other markets.
GBPUSD-Weekly Market Analysis-Sep21,Wk3There are a couple of trading opportunities in the GBPUSD even only in the 1-hourly chart, I'll give you a few possibilities. A retest on the resistance line(red line) and if the candle didn't break and close above the red line, you can wait for a shorting opportunity.
If the market retest at 1.3769, we have a Bullish Shark buying opportunity within the buy zone.
TTEK building a base over base pattern!* Strong earnings quarter over quarter
* Strong up trend
* Broke out of a year-to-date consolidation
* Consolidating right above the broken level
Trade Idea
* Now would be a great time to get in on this given that it has broke out and is now creating a new support right above the broken level.
* However, if you are looking for a discount, this may consolidate a bit more before moving higher so you may look to enter around 142.80 and 144.70 area
Note
* This is a great long term hold given it's established growth
* and it pays out dividends with a Payout ratio of 19.70% so the company has a lot more room to grow and possibly increase dividends in the future
TREX attracting more volume* Very strong earnings year over year
* Very strong up trend
* Broke out of a 6 month consolidation
* Consolidating right above broken level and attracting more volume
Trade Idea:
* Now would be a great time to get in as it's building a new base right above the broken level.
* If you are looking for a discount, there is a slight chance of it visiting the $109 region before moving higher
INFO consolidating above broken resistance!* Excellent earnings year over year
* Strong up trend
* Broke out of a month long consolidation
* Consolidating right above broken level with higher than average volume
* Minimum probable ROI of 6.03% if the trade goes in our favor
* Given the established up trend it will most likely be more than that
Trade Idea:
* Now is the perfect time to get in and ride the next leg higher
* However, if you are looking for a discount, the price may visit the $119 area once more before heading higher!
Note:
* This is a long term hold given its growth
* And it pays out dividends with a Payout ratio of 45.40% which means the company has a lot of room for growth and possibly increasing dividends in the future!
NFLX setting new support levels?* Relatively strong earnings quarter over quarter
* Strong up trend
* Broke out of a 14 month consolidation with higher than average volume
* Creating a new base above broken level of $593.29
* Minimum probable ROI of 28.03% if the trade goes in our favor
Trade Idea:
* Now would be a great time to get in on NFLX as it's creating a new base right above the broken level.
* $593.29 is expected to hold as support
* A break below that would make $575.37 a nice entry if you're looking for a discount.
* Worst case scenario we could see a low of $558.30 which would be the last level of support before further downside.
ABT finally broke out!I last spoke about ABT when it was peaking at a breakout. Now, with slightly higher than average volume, it finally broke out.
Now is the time to get in
Here's a recap of what I last mentioned
* Strong up trend
* Consolidating since beginning of 2021
* Strong earnings
* Lower than average volume
All signs point to it breaking out soon. Due to the lack in volume ABT may visit the $126 area before breaking out.
Trade idea:
* Wait for a break before entering
Target after breakout would be $151.65
Looking at its growth, ABT is a great long term hold that pays out dividends!
WRLD to move higher?* Relatively stable earnings
* General up trend
* Broke out after 2 months of consolidation with higher than average volume
* Price consolidating above broken level of 192.56
* Recently used 2019 highs of ~174.15 as support
Trade Idea
* The price will either consolidate here or revisit the 189.60 area before moving higher.
* If you're looking for a discount, you can look for buying opportunities around the $189.60 to $190 area
* Or you can get in now and experience some downside before heading higher.