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Channeltrend

AAPL return to 137 resistanceAAPL reported strong earnings in late January, but fell precipitously after. Earlier this month, it broke out of an upward channel, but bounced back off a support at 127. Given no fundamental cause for the drop, and a failure to break past the 127 support, a return back to the 137 resistance is distinctly possible. Should AAPL break past the 127 support on the downside, however, it is likely to continue down to around 120 (which would be a great entry or averaging down point).
NASDAQ:AAPLLong
by the_NUT
AMD channel breakoutAMD has been trading in a downward channel since the beginning of this year, with a small break above the channel earlier this month. It is currently trading at a support line that has been tested several times since mid-December 2020, at the top of the current channel. Looking toward the next week or two, AMD could continue the channel pattern down into the low 80's or it could break back out of the channel and move higher back into the mid to high-90's. Strong earnings and growth reported earlier this month suggest the latter to be the more likely outcome. Key support and resistances have been marked by the dotted horizontal lines on the chart.
NASDAQ:AMDLong
by the_NUT
PSNL Long off Channel Support PSNL with textbook ascending channel. Traders could open a long position when a stock's price reaches the ascending channel’s lower trend line and exit the trade when price nears the upper channel line. Enter trade around $40 looking for a move back back up. Analysts: Predict $44 Warning: Run a tight stop-loss insider sale @ $38.67 Feb 3rd. Extra info: management team will present at the BTIG Virtual MedTech, Digital Health, Life Science and Diagnostic Tools Conference on Thursday, February 18, 2021 at 12:00 p.m. Eastern Time.
NASDAQ:PSNLLong
by Swag_life
USD/JPY broke 200 EMA on the 1D timeframe!USD is strong recently and It's clear on the 1D time frame () that price action has broke the 200 EMA and going bullish. You can wait for confirmation for retest on the moving average before taking the trade. Using Fibonacci I see that it's good to go long at 50% level where there's a support forming. Take profits are divided into two steps, one that is at 161.8 level and the other one the riskier is positioned at the edge of the channel that price action has formed over the last months. This my bias on the market. Trade wisely!
Long
by rodrader