CCU, Dead Cat Bounce (bearish) I found this pattern at tickeron website with the following data:
STATUS = Confirmed
CURRENT CONFIDENCE = 70%
TARGET (EXIT) PRICE = 12.38 USD
BREAKOUT (ENTRY) PRICE = 12.66 USD
DISTANCE TO TARGET PRICE = 0.64%
EMERGED ON = Oct 02, 12:00 PM (EDT)
CONFIRMED ON = Oct 02, 02:55 PM (EDT)
WITH CONFIDENCE LEVEL = 73%
The Dead Cat Bounce pattern appears when a security's price falls quickly but has a temporary “v-shaped” recovery before resuming its downward trend. The temporary bounce (from point 2 to point 3) may be explained by shorters covering their positions or buying by investors who think the price has already reached a low point.
It is important to wait for the confirmation move, which is when the price breaks below the low where the dead cat bounce occurred (point 2).
Trade idea
If the price breaks out below the price where the dead cat bounce occurs, then day traders and swing traders should trade with a DOWN trend. Consider selling the security short or buying a put option at the downward breakout price level. To identify an exit, compute the pattern’s height by measuring the initial fall (from points 1 to 2). Then calculate the target price by subtracting the pattern height from the breakout price level. When trading, wait for the confirmation move prices falling below the breakout level.
To limit potential loss when price suddenly goes in the wrong direction, consider placing a stop order to buy back a short position or sell a put option at or above the breakout price.
CAT
CATERPILLAR INC path and directionHello everyone
In march 2020 we have a possible big uptrend channel
In may 2020 we started a small uptrend channel and so far price is respecting this channel trend lines
In august 2020 price has broken the downtrend from march and retested and price went higher respecting this small uptrend channel
our plan is to watch price action inside this small channel
However daily close below lower of the small uptrend channel trend line will drop price to next support zone
I like the zone inside the cube ( broken downtrend line we might test it again , lower trend line of the possible big uptrend channel which touches twice )
for any question feel free to ask :)
TSLA: Is the bull trend back?Hello traders and investors! Let’s see what’s going on with Tesla now!
As we discussed last week, Tesla is now in bull territory, as it is trading above the $ 408 again (red line). The false breakout didn’t occur, and the idea of a Dead Cat Bounce is off the table, at least in the short-term.
Now, the momentum is bullish, and as long it keeps doing higher highs/lows , the situation is fine in the hourly chart, and the $ 461 is the natural target for this movement. Also, it is important to stress that the $ 408, along with the 21 ema, are now supports for Tesla.
Let’s look at the daily chart:
Today’s movement is not exclusive to Tesla, as Nasdaq Composite, S&P500 and DJIA are all going up nicely today. And it seems Tesla is following the NDX, since it lacks other drivers to move the stock’s price.
The bulls lost a lot of their strength if we aim for the mid-term, and this could make things complicate for Tesla’s stocks. Therefore, the hourly chart is a better guide right now.
Either way, Tesla is trading above the 21 ema again, and it seems we have an Island Reversal chart pattern here. Also, if you liked this idea, please, support it! And follow me to keep in touch with my daily analyses.
Let’s keep monitoring Tesla! It seems the market is moving erratically, and we must be careful in such complex situation.
Have a great Monday.
TSLA: Possible scenarios and complete weekly analysis.Hello traders and investors! Let’s see how Tesla is behaving today! And since it is Friday, we'll do a complete Multi Time Frame Analysis on it.
First, we may have something new on it: Tesla triggered a pivot point at $ 398. Now, Tesla hit its resistance at $ 408 as we thought it would in my previous analysis, and now it is struggling around this point, which is a natural movement for the stock.
The 21 ema is flat, which indicates some indecision about the trend, but the situation is still quite dangerous for the stock. If it trades again under the $ 398 the market may understand this movement as a false breakout , or even worse: A Dead Cat Bounce.
Let’s take a look at the daily chart for more insights:
The sign is not the greatest, as the resistances are holding the price very well, and yesterday’s candlestick pattern was not a proper Piercing Line pattern , as it left an annoying shadow above its body.
It could just retest again the $ 359 region, but the signal will be given first in the hourly chart, if it trades under $ 398 again, by doing a false breakout from a pivot point.
As we also discussed in my previous analysis, if Tesla loses the $ 359, it will seek further supports, like the $ 329.
Now, let’s finish our studies by looking at the weekly chart:
There’s nothing surprising going on here, but if the weekly chart says something to us, is that Tesla could drop more, at least to hit the 21 ema, and this wouldn’t ruin the long-term bull trend!
But again, it must lose the $ 359, which is probably the most important point for Tesla right now.
Tesla will only enter in bull territory again if it trades above $ 408. Then the reaction will be better, and it may have strength to hit the All Time High at $ 502 again.
Now, if you liked this analysis, please, support it ! And follow me to keep in touch with my ideas. Every day I share a few thoughts here, and you may find something helpful around.
My best regards.
Have a great weekend.
CAT-LongCAT is breaking out of a long term pattern. Breakout is with a strong volume. Some money surely preparing for a worldwide recovery from covid-19. Recently lots of analyst recommended the stock based on its fundamentals. price to sales ratio is very attractive. Dividend paying stock projected to have 39% higher EPS next year. So boys from Wall street are now adding. This is just an opinion. Do not buy or sell any financial assets reading this post. This is just for educational purposes. Do your own homework before putting your hard earned money based anyone's post.
The adventures of Wirecard CEO, Bulls, and regulatorsAh, cheap and great investment Wirecard just made a new low.
Now is a perfect time to tell their story.
Massive hordes of "investors" blindly piled on this hyped ponzi based on lies.
And then they laughed at the bears and said they were mad they missed out.
And then the CEO went to jail and it went to zero.
The end.
Thank you for playing.
They say investing should be boring. So wrong. This makes it all worth it.
It is amazing how many independant or amateur investors have been buying and are still interested in buying.
It's always the same with lunatics that think bears are some illuminati or flat earth group making conspiracy theories to drop the price of a perfectly legit company.
Here is one comment that aged well:
Sep 5, 2019
"The #Wirecard $WID bears are doomed! Finally, justice after so many lies."
Entire timeline here:
www.ft.com
Crazy story xd
www.fudzilla.com
Remember the dead stock bounce strategy?
CATCup and Handle pattern and trend line support with a resistance area of 140-141. The resistance was tested a few times and rejected but CAT is remaining well pithing the support. Earnings are coming up this week (Fri. Jul 31), however the overall market seems to be staying flat during this big earnings week, and this may suppress a possible ER run-up. Very mixed signals as the 20SMA crossed above the 200SMA, but showing a decline in the ATR, which may indicate a false move. Regardless of earnings, still look for any breaks of the support or resistance for a move up or down.
O Pulo do Gato MortoMotivos para aceditar que estamos apenas vendo um "pulo do gato morto":
1) Atingimos a retração de 0,618 de toda a queda;
2) Atingimos o alvo de 100% do pivo de alta que se formou na reversão;
3) O alvo atingido está no mesmo nível da mm200 que é uma média bem forte; Além do preço atual ter atingido o alvo dos tópicos anteriores, deixamos um martelo invertido no alvo.
Todos os itens listados são baseados em Analise Técnica. Falando de uma maneira fundamentalista, o que vemos foi uma subida baseada na injeção de trilhões de dolares de todos os bancos centrais criando um descolamento muito grande da realidade. As empresas estão com números cada vez piores devido a crise do Covid. Uma hora o mercado vai abrir o olho para essa realidade....
LONG CATKeep your trading simple 🚀🚀🚀
Bullish Long Term
T1 = minimum risk reward 1:1
Long term target $123 - Closing gap.
I always leave 1/3 of my position for long term gains - moving my stop to my entry if I need to give room for the volatility or using trailing stop for maximum gains.
For maximizing your profits you can use Options.
One of the benefits with swing trading is that we collecting dividend along the way.
Not a financial advise just my tradingview - trade smart trade safe.
Follow me to support my work, Thanks!
Cat in a Box EUR/CHF => LongNot a lot to say here. We expect price to bounce within the "Box" squizzed in between relatively strong Resistance and Support levels until we see a breakout. Most likely the cat will turn out to be a bull at least for some hours/days. Stop Loss under Support level and Take Profit at Resistance level. GL HF^^.
SP500 futures ( $SPX $SP500 1D) sell in May ?
I been following the bounce peacefully these past weeks.
But now something is up.
A head and shoulders pattern form on the 4h and It is on the verge of completion.
If true it may be the beginning of a correction.
Target (2636)
Stop loss if the price goes back above the right shoulder (2942).
We can see impulsive waves on the way down meaning that the primary move is downward.
Quite the simple trade.
As time goes by, I will keep you updated on the evolution of the asset price, so make sure to follow me on Tradingview
If you have any questions or requests, fell free to ask.
@Djio_
Disclaimer : This is not financial advice as I am not a financial adviser.
This is just my knowledge on what can be said and done from the chart.
Due to the volatile nature of the market, everything can change on a day to day basis.
Everyone is wise to manage their risk properly when considering any trading decision or activities.
PS: I cannot emphasize enough the risk associated with the activity of trading due to the imaginary nature of all paper contracts, the reason why I prefer mainly trading cryptocurrencies instead of more “traditional” assets. On the other end without total systemic collapse it can quickly become a good trade opportunity.
SPX500 - Will this be the top of the Dead Cat Bounce?Looking at the SPX500 Futures:
1. Looks like we could be at the top of a Dead Cat Bounce
2. If this is not the top, a potential tap off the 200 EMA would be where I would expect it to dump
Fundamentally due to covid and the world being under house arrest, I would not expect markets to continue to rally and I am bearish as you can be on a Macro Level.
Technically this is presenting a great short opportunity on open. I will go in with 50% of my position around where we are when we open, the other 50% I will add at the 200EMA and set a stop above it with room for a wick just in case.
Trade, Chart, Learn, Repeat
Coach K