HOVNP, Stochastic left the overbought zone on Sep 17, 2020This is a signal that HOVNP's price trend could be reversing, and it may be an opportunity to sell the stock or take a defensive position. Tickeron A.I.dvisor identified 63 similar cases where HOVNP's stochastic oscillator exited the overbought zone, and 57 of them led to successful outcomes. Odds of Success: 90%. Current price $7.00 is above $6.06 the highest resistance line found by Tickeron A.I. Throughout the month of 08/17/20 - 09/17/20, the price experienced a +4% Uptrend. During the week of 09/10/20 - 09/17/20, the stock enjoyed a +6% Uptrend growth.
Bearish Trend Analysis
The Stochastic Indicator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The Moving Average Convergence Divergence Histogram (MACD) for HOVNP turned negative on September 01, 2020. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron A.I.dvisor looked at 49 similar instances when the indicator turned negative. In 41 of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at 84%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where Apple declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 82%.
HOVNP broke above its upper Bollinger Band on August 25, 2020. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Centered Oscillators
MORE UPSIDE POTENTIAL ON BITCOIN USING MACDDrop a like if this helps you out :)
The MACD has just crossed on the hourly, if you look at previous crosses you can see that this is a rather powerful indicator and usually results in a nice rally/downtrend.
The MACD indicator is one of my favourite and in my opinion on of the most undervalued indicator out there. I almost never take a trade going against the trend on the MACD. I don't purely trade the MACD however these is a lot of upside to a strategy that is purely based off the MACD.
CRWD impending breakoutAfter just having a failed retest at the top resistance line of the channel (which could have been a support line), CRWD is now hitting the roof of the channel again. The RSI is being tightly wedged between two trendlines; volatility is also contracting. From what I can tell there is high chance of breakout on this stock.
If I wanted a short term trade with a good chance of carrying out, I would wait for a breakout. This will be signaled by a big jump in volume on an up day. If the price hits the open of September 1st (above the 132 level) I would consider taking a short term position and taking profits if the price hits the close of September 2nd (142.50 level). We could also see a failed retest so I would set a stop loss around the current price, the 130 level.
EUR.USD H4 Short 13CCI tlb, fib trgtH4 13CCI crossed down thru an up-trendline on the CCI. Given that, the entry short on EUR.USD is immediate for experienced eyes, or as soon as CCI came below +100 on CCI for conservative traders. The price now is on S/R going back thru July, and is on or close to a median line for pitchfork starting Aug 18, depending on your software.
The S/R area may hold price up temporarily. A break below might aim for a 38.% retracment of move up from mid-June to Sept 1, 2020, possibly near price intersection of the 38.2% retr. line and the lower median line possibly the end of this week or early next week ~~~1.17-1.166
The exit would be a CCI tlb of an up-trendline or a fib target
MSFT upcoming breakout!After hitting the top of the long term channel, MSFT fell back down and is testing the support line once again. MSFT is now stuck in a short term wedge pattern, and in my opinion it looks ready to break to the upside. The RSI also indicates an upcoming wedge. If there is continued market strength in the coming days, expect MSFT to breakout of the wedge. On the other hand, some bad sell offs could cause MSFT to fall out of the upward channel.
For those looking for a sheet term trade, I would consider taking an entry if the price hits the closing price of September 3rd (217 level) and take profits if it hits the open price of September 3rd (228 level.) if this stock breaks out it should go straight up, but we might see a failed retest. To make sure losses don’t get locked in, I would set a stop loss underneath the top line of the wedge, the 210 level.
Zoom ZM fills gapAfter gapping up by a huge $120 dollars on August 31, ZM has come down to Earth. It finally found resistance at the horizontal support line (in the 344 range.) It has entered back into its ascending channel, and since the two parallel trendlines are very close together, expect predictable price movements.
The RSI has just bounced at its horizontal support line as well, So we can expect continued uptrend. If the price were to hit 406(The high of September 3rd) I would consider taking a short term call and wait for it to hit the low of September 2nd, $410. If I had a heavy risk appetite , I might wait for the price to hit the closing price of September 2nd, $423.
ARKK high buying pressureAfter hitting its final long long term support line, ARKK has finally bounced off the support. The buying pressure was so strong that it reclaimed its previous support at the 87.75 level. The RSI tells the same story. Expect a continued uptrend, until it hits the top of the channel, At which point we will either see the price breakout or fall back to the floor.
Also, Watch for the RSI to hit either trendline to get an idea of which way the price is headed. In the past, the RSI hitting a support level has been bullish for the ETF. When the RSI has the the long term resistance line, it has always been bearish in the short-medium term. The worst drop In Price, after the RSI hit resistance, was right below the March lows.
As for fundamentals, I like this etf because it has been a top performer, as far as ETFs go, for the past year. I also like this etf because it gives you good exposure to Tesla, without directly investing in the riskiness of Tesla. Even I admit TSLA could be trading at pretty high valuations, so it helps that this etfs invests in other “disruptive companies” such as Square (SQ).
Daily technical Analysis: Bitcin is go to explode!!!Hello, in this overview, Bitcoin show a possible bought in Daily timeframe. Also, the best target it's will be $11,200 USD, but making considered, my exact target will be $11,000 USD. That is a interesting opportunity to buy Bitcoin in short term. Bitcoin is leading to the $11,000 USD.
Now, looking the Key Support Line, Bitcoin is respect the up trend line, and that mean that Bitcoin is still up for bulls. Also guys, we identify a new support in Daily mark in yellow, becuase bulls show a soon bull run.
So, guys, it is my analyze in Daily, in some minutes, I will going to make an another analysis on H4 and H1 timeframe.
We are in profit!!!
Please guys, get me a like to be positioned as Bitcoin's trader analyze favorites on the top of the best traders on Trading View to be here into the top of Bitcoin's analyze. And share this analysis with your friends, traders or other if you found out any of interesting of this analyze.
Ontology Bullish Divergence on Weekly
Ontology Bullish divergence
Weekly
The volatility for Ontology is usually pretty good, so when I see a bullish divergence and other factors are more or less in line, I like to trade it.
What I see here is a bullish divergence on the weekly and after that strong dump, due to BTC and the furious Bitmex liquidation cycles, I see that the EFI is definitely not diverging here. By the looks of it, I expect we will at least tick up to the EMA or the previous resistance, although that one is not tremendously strong, only 2 previous hits and it wasn’t trading in that zone for a long time.
Daily
On the Daily we see a pattern of higher highs and higher lows, we’ve just made a higher low so entering now could be good. I have some money reserved, to get add more later. I entered around 0,4060.
The Stochastich RSI crossed again, and MACD-H looks like turning up again.
The Stoploss has been placed on the Daily, when it breaks down that -3 ATR level, which equals 25% of that down wick during the heavy BTC dumping, it invalidates this setup.
The targets are set at the +2 and +3 ATR levels of the weekly. We have to overcome that small restistance there around 0,51.
As always, I will measure the strength of the uptrend and see if I get out earlier partially
Entry 0.40xx
Exit 0.797
Exit 0.897
Stoploss: 0.29
Risk Reward Ratio:
R/R 1:4
R/R 1:5
Cable Short after SMA cross We got in here on cable after a clear SMA cross had appeared.
No major data out of either country until 13:00 GMT which gives this position a good 4hrs before we need to either take profit or stop loss.
All of my criteria was met with this trade hence why i decided to enter.
The stop loss was fairly big but i decided to enter anyway as this trade set up was very appealing.
GBPUSD Bollinger band/BB% (tips/tricks)Here the color scheme was changed to represent our favorite two things in trading: supply/demand.
If you are new to trading or supply/demand methods, You can maybe employ BB's (or any other channels).
Red/supply line: use as reminder not to buy into weakness.
Green/Demand line: use as a reminder not to sell into strength.
More important.. think of the green line as the "accumulation" or demand side
Red as the "distribution" or supply side.
Look at where all the action is. Look at were the candles were before any subsequent impulse. Where do they generally begin from?
taking a look at the BB and BB% do any moves really begin near the median? .. generally no.
this is what is meant buy fishing from the edges and not from the center.
Using the BB% (RSI/MFI will be similar) .. look at the same thing. Look at the extremes or edges and the volume.
When price breaks the demand line, is the volume high? is there active accumulation going on?
- IF the volume is high with each break of the demand line, they are buying and likely looking for a clear mark up path, which can take days.
When price breaks the supply line, is there an increase in volume pushing the price back into range?
-IF the volume is high with each break of the supply line, they are selling and likely looking for a lack of demand which allows for a clear path to mark don... this can also take a few days.
Biggest takeaway from this is the principle of not buying or selling when price is in the middle of a range. When price is in the middle of a trading range or consolidation (some of you know it as consolidation, just another way of saying trading range) the market is IN BALANCE.. there is equilibrium between supply and demand at that moment.
Price will "consolidate" for either a mark-down or a mark-up. When price is behaving in this manner it means that it has not decided which way to go and is waiting for an imbalance... if more supply accumulated then demand... price will fall..if there was more demand than supply.. then price will break to the up side.
PM if confused!
Avoid buying into weakness/supply/resistance
Avoid selling into strength/demand/support
Avoid entry when price is in middle of a range (phase B)
And
Don’t let them win
$QQQ Melt UpI have a few trend lines that appear to be pretty reliable. They don't need to be perfect but a good guide. Price might break through them for a day or so but as long as these trends are alive, it seems to obey fitting back between them.
The bar patterns were taken from recent price action in relation to these trend lines and true ranges, so they should be relevant.
Today's price action was intriguing. Despite the gap up which got sold early in the day, it rallied back. I think smart money sold the open and dumb money is bidding up price during cash session. It's been a predictable day-trading move-- wait for the volatile moves down to stop about mid-day and buy the dip. Easy. Well, lots of other things seem to point to me that sellers are going to take healthy profits off the board this week, and leave others to hold the bag, at least temporarily.
A few things to start with. I have a simple script here with a gradient background to help me visualize things with colors. Here's this chart without that (for those that like charts very minimalistic)
I'm also looking at the percentage of stocks in the Nasdaq 100 ETF (QQQ) that are above their 200 day moving average.
A lot of great investors like to 'play defense' when stocks are above about 70 or 80%. In other words, they aren't adding to positions and are taking big up days as opportunities to distribute profits.
Here's the $VXN versus NAS100, basically the CBOE VIX but specifically for stocks within the Nasdaq 100.
It's crossing over a 20sma today. While the Nasdaq is actually going up. If you look at the Options Skew on $AAPL I think you can get an idea of why volatility is going up as price is going up.. over-bullishness and greed.
marketchameleon.com
The level of bullishness on a 25 delta call versus 25 delta put on $AAPL is otherworldly. Market Chameleon doesn't provide older historical data, but its probably one of the most historic levels of extreme greed in the stock's existence.
I'm also looking at the leaders within the NAS100, sorted by YTD% gains. The biggest gainers are starting to turn red on the shortest timeframes. For example: TSLA ZM MRNA DOCU PDD DXCM AMD REGN. Breadth may be running out and this may be on the back of $AAPL, the largest capitalized and heaviest weighted stock, which has moved up over 8.5% in the last 3 days. It may not be the end of the bull. I think unless we get a serious smackdown, who wouldn't want to buy a dip next week?
OMGUSD 15MOMG looking for a couple of fibb patterns, target is 14.6/62.8 on the fib retracements, overall looking for a drop back down towards 3 dollar range, unless it can break out of the unconfirmed pattern on the grey retracement.
Bitcoin is trying to break out, but if it breaks down that would halt any more progress omg makes.
Bitcoin 15M
Bitcoin 1H
15M
This is not financial advice