PolyNovo - The bullish divergenceASX:PNV The indicator is indicating that share price should be heading higher.
Since market update in january 2021, PolyNovo has lost around 33 per cent of its value due to slowdown in second-quarter sales.
PolyNovo has reported an increase in sales of 31 per cent in the first half of the 2021 financial year, despite slower-than-expected sales through October and November.
The company's first half result was driven largely by a 75 per cent increase during the first quarter of the financial year, compared with the same quarter a year prior.
Sales were particularly strong in the US, where first half sales were up 41 per cent on a year prior. Sales for the month of December exceeded budget.
The company also recorded its first sale to Taiwan in December. Sales in Taiwan and New Zealand exceeded sales for the month of December.
"In the short-term forecasting sales will be challenging particularly in the US, however the medium-term outlook is strong, and we continue to see surgeons using and referring NovoSorb BTM to their peers," said PolyNovo managing director Paul Brennan.
"Once hospitals have more capacity, we will see US and UK sales accelerate just as we have seen in New Zealand and Australia. New geographies offer good opportunities for NovoSorb BTM."
Centered Oscillators
ADBE Further Downside?Looking at a triple top for ADBE in day view, followed by a breakdown below both the 20 and 200 day MA. Looks to have found support at 420, but hit the top of the downward trend line and is sitting at a previously established support level around 445. If ADBE fails to break up and follows the downward trend line, it will be forced to retest 420. If it fails and breaks down, the next support is at 385 and is weak, with the next strong support being around 320 from all the way back in April '20. If 420 fails, there is a probable 5% downside and possible 13%, if not more.
The RSI is showing weakness, while the Stoch, MACD, and Madrid sentiment are all beginning to do the same. I will be watching for a potential short opportunity in the next few days.
Many other charts, including TSLA, AMZN, NFLX, PYPL, NVDA, AAPL, PDD, ASML, are all showing similar weakness (the largest caps on the IXIC), while INTC is failing to break up through its most recent resistance. CMCSA, another large cap IXIC, appears to be strong but showing overbought on the RSI and Stoch.
Buckle up, it could be a rough week.
BTD on Emerging MarketsEmerging Market are the last to join the rebound from the interest rate sell off where other factors include the dollar (DXY) strengthening. However the fundamentals of the emerging markets are still strong as the global economy rebounds and the coronavirus restrictions cease. Buy the dip
BTCUSD H4 13CCI Triangles Long when tlbTwo 13 CCI triangle apices (apexes?) are above the CCI zeroline, which favors price moving up. The definitive Long would be when CCI crosses up through the downtrendline, at the green arrow
Reversal to short would be when 13 CCI crosses down thru an uptrendline not shown
Zcash Long Chance 01/02/2021we have analyzed this asset using the Price Action analysis and we could notice a Hidden Bullish Divergence with MACD and it is the sign of trend continuation
we can target the parallel leg level of Fibonacci Projection and it is an easy target to achieve as the price is range bounding rally in a ascending channel and we can estimate to have our target areas in a month time
please comment your opinions
GBPUSD AnalysisGBPUSD is approaching a strong support where we will be looking for buy setups. Waiting for the upper trendline to be broken on Monday along with the MA60 to add more confirmation. MACD looks positive also.
All eyes today were on NFP which had a very positive impact on the USD.
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Sell off ScalpWe see continued rejection around 1.92800. Indicators are checking off for a sell off too next support line at 1.91100.
MACD/SIGNAL have made a cross and are near 0 line breach. RSI is heading further into oversold zone. Overall strength and sentiment is in seller control as we are entering a crucial trading time zone (2am-3am) where we generally see big movement.
TP at support line with stop loss above current rejection line.
Please comment with thoughts and ideas. Thank you.
NEO/USDT has good signals for continuing the bullish movementHi every one
NEO / TETHERUS
The NEO/USDT has formed two bullish patterns! one is the ascending triangle which as already done It's job and now we have a bullish flag with a hidden bullish divergence(+HD) as well! these signals suggests that the price can continue It's bullish movement.
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck.
Microsoft Pulls Back Following BreakoutMicrosoft was one of the big winners last earnings season, beating estimates across the board and raising guidance. Now it’s pulled back to hold some key levels.
First, MSFT made a low yesterday slightly below its 50-day simple moving average (SMA). However it quickly rebounded to close above it.
Second, the current price zone is near the previous peaks of November and December.
(As a side note, it seems that the big Nasdaq stocks are now divided into “haves” and “have nots” based on the September 2 exuberant top. MSFT, Alphabet and Tesla have managed to break out. Amazon.com , Facebook and Apple have not .)
A third feature on MSFT’s chart is the nearly oversold condition on stochastics.
Depending on how the broader market behaves in coming weeks, the software giant may consolidate and test lower. Still, the broader chart appears bullish, with prices breaking out of an eight-month consolidation pattern and now retesting old highs.
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Time induced pivotWhen I first got a niche for FOREX the first thin I noticed was huge pivots with any given pairs at 2/3am (Ideal trading time for Asian session).
That being said along with the knowledge of this key pivot time, my RSI and MACD indicator correlate immensely with these pivots. This idea is an example.
Presented is a 1 hour chart buy analysis for EURCAD. Previously we saw low volume consolidation along support. 2am wick serves as our first potential indicator for reversal as MACD/SIGNAL made a cross and are shooting for 0 line while RSI breached indicator resistance. Both indicators sentiment towards a buy.
We then see a significant increase of buyers volume. We can sentiment buyers control until we observe our MACD play out. If MACD/SIGNAL make a full cross through 0 line we are then watching our take profit targets. If MACD/SIGNAL make a pivot immediately prior to touching 0 line we then observe for a full pivot or pull back by observing our 4 hour chart. Close out either way for maximum profit and renter at pullback/ next support retest.
Stop loss below current support with a bar close out.
Please comment with thoughts and ideas. Thank you.
NOK Price AnalysisPlease take care and observe NOK's price action of the coming week.
MACD looks set up well for a Bearish zero line MACD/Signal cross. It's been my observation that when this set up is realized there is a large move to the downside that generally follows.
Watch for this week's close to maintain or exceed $4.00
A close below $4 level without significant bullish volume in the following week might see a break of the ascending triangle presented in the video.
For further details and analysis, please watch the video in its entirety.
DXY 1D 13CCI Still negative. Daily DXY 13CCI is still not showing much upside strength. The downward momentum is slowing, but a real trend change up in price ordinarily will first offer a CCI divergence, then a retest of low, then the 100CCI likely would shoot up thru -100. Jenner's Divergence Corollary is that if we have not seen a CCI diver, we have likely not yet seen the low. A powerful change of trend can obviate need to see that first, so if CCI crosses the zeroline before we see a diver, either a powerful move up has begun or a sideways consolidation is underway
GBPUSD Ascending Channel Trend Angle Analysis #2Welcome to my second trend angle analysis for GBPUSD. Previous trend angle buy analysis was a huge success. Presented is a 1hr sell analysis within an ascending channel.
Within my set chart dimension the trend angle sell off top channel resistance is around 21-22 degrees. Given continuous pattern I sentiment a bottom channel support retest which lines up with our established support at 1.39500.
Currently we may see a slight pullback to dive back into our sell off to bottom support channel. A breach of top channel resistance tells us a significant long-term continuation in play to set a night high, passing our April 2018 highs.
Our current indicators sentiment a sell off of some sort. MACD/SIGANL completing a diversion to shoot for the 0 line. Our RSI is looking to drop for a reset to enter back into the overbought zone once we have a bottom support retest.
Attached is my previous analysis using this strategy. Please comment with thoughts and ideas. Thank you.
Can GBP Bears take out the neckline?This setup is only relevant if we can get that daily close below this neckline.
As i have already stated to TeePee Students; I want to hit a stop on this, and i will not trade it on a live account. all the reasons for this were shared in our live session earlier today. Targets (1.758 & 1.743) are fib ext targets (1& 1.618). i don't think the previous relevance of these levels is a coincidence.
As above, no daily neckline break, then the setup is not in play.
KO Set To Move Up Before DownI am back to conducting full studies based on all my algorithms. At the close yesterday, KO signaled Sell on my Precise Signal. This is great news as this algorithm is highly accurate and finding price reversals. Particularly, this has found reversal points on 10 of 11 occasions specific to the Daily chart for KO and the determination of a SELL point. I have the full analysis and explanation of all the target price points on my site as usual.
I see it moving up over the next 2 to 4 days as displayed and then down over the next few weeks. I am looking for around a 6% drop from the top which is likely close to 51.00.
Let me know what you think.
BREAKDOWN OUT OF BEARISH RISING WEDGEi believe we may have had our blow off top and a correction has been due after all time new highs daily, acording to my new (10xbitcandles fantastic 4 strategy) * u can find my new strategy on my you tube,with full detailed tutorial and screenshots of using it on real trade, its under same name, sorry i cant leave no links, .... all signals have crossed on the 4h time frame, the (MACD) (RSI) (VWAP) AND (PSAR) those are the fantastic 4 indicators used and all you need to buy/sell, take a long/short entery and exit, as well as i have 5 golden rules when using my strategy, looking at my chart you can see all indicators have crossed and signaled bearish, we have broken downward out of the rising wedge pattern, my VWAP the most important signal in this strategy has fallen into bearish territory as i drew out trend lines for the hh-ll and it has breached the( LL) lower low, so i have put in a short position at 51,400 and stop at 52,300 just outside the upper part of wedge, and take profit using the (ATR) i use a 1 ATR on the (DAILY) pip and most times i do use the ATR for my stop losses as well and use 1.5 ATR on the (4H) , anyway one of my golden rules is to never use high leverage unless you are very experienced trader, never if a newbie as it is the single #1 that gets you REKT. anyway looks like a correction and maybe seen a blow off top but with the wild west of bitcoin and its bipolar swings u never know if it will just turn on a dime and move higher today since we left off on a (HH) higher high and most times i do not take a position until bitcoin has broken trend so would look for in this case a (LH) lower high, i use the (HH-HL-LL-LH) in my trading decisions and strategy, as you may see the ZIG ZAG on chart, another indicator that is used with my fantastic 4 is also (VMA) VOLUME MOVING AVERAGE, always make sure you keep a eye on any high volume spikes in the opposite direction of your trade, there are scam wicks and pushed up volume from whale manipulation aswell as the exchanges bots/algos have been known to trade against its users, so look out for quick spikes of volume in opposite direction and when taking trade always make sure the volume is in tandum with your position so when long make sure bullish volume and vise versa.
EURJPY MACD Buy pattern vs Order Book on H1Interesting situation has rise: an almost formed macd Buy pattern (if reverse from 61-78 Fibo) and profit seller until 127.3.
In which direction price will prefere to run first?
I would set a Sell Limit at 128.000 where some SL clusters are, just in case. Also, it may be interesting to Sell until 127.235, where al profitable buyers were lost already nut also, big SL accumulation is.
If the price go down first, no problem for MACD. The Fibo has to be stretched.
I would encourage to Sell now with TP at 127.27, SL 127.83, then wait the price to reach 128.000 for another Sell, TP 127.385, SL 128.54.
Gold reached Key Low Support For a PivotGenerally we see a picot at this support retest. Seemingly we see this in play on the four hour chart.
MACD indicator checks as MACD/SIGNAL are finding common support and not looking for an initial cross to pursue the 0 line. RSI is making a huge sweep out of the oversold zone as a strong pivot begins.
I mapped out a consolidation zone within this level that could play as a pivot zone given the DXY strength. Recently we saw a slight downward gap in DXY that was quickly filled in frantic. However this could be a looming sign for a break in the greenbacks strength.
On an off note we can see Bitcoin soaring while the Greenback has been strong. We can correlate that when Gold is going up Bitcoin and DXY are going down and vice versa.
Please comment with thoughts and ideas. thank you.