I like this play as a long term hold and seems to have broken the 27.00 range. Looks like a darvas box breakout on low volume. I would expect a retest of 27.00 as a cool off of the current run, then moving higher again. slightly overbought, but i wouldn't expect it to make a full correction. 27.00 has now become strong support. I would enter at 27.00 and set a 1%...
Money appears to be flowing into building stocks and shipping stocks.
New 52 week High. Only Paper trading this to test theory.
This simple theory takes the emotion out of trading. It's nothing more than an if / then statement. Just paper trading at this point.
Entry 1/4 the capital at the present 0.44 - 3/4 waiting for price to pull back and test Darvas box around 0.39-0.40 TP: 0.47 - 0.53 - 0.61 Stoploss: Under 0.34
Breaking out of the rectangle, also fits the ascending wedge pattern with a break above. Will give it a shot and bet on the trend. Positive earnings. Stop set if it falls back into the consolidation range = trend failed. Wary of extended SP500, but following price as always.
This is a great time to utilize the Darvas Boxes indicator. Sell stop below bottom of box with a SL above top. Containment within the bearish channel is the basis behind entry. Breach of the top of the box will cancel trade. Cheers
LTG Learning Technologies Group reached a new high at the weekly chart at 63.65. Next Action : Watch 57 – 63 Price Range Box 1 : 57 - 63 Box 2 : 46 - 57 Box 3 : 40 - 46 Box 4 : 38 - 40 Box 5 : 29 - 38 Box 6 : 19 - 29 Note: Volume spike at 18-September 2017
GGP has broken out of due the news release of ‘potential new gold sources’. Although my slight concern is however that these are still ‘ potentials’ , keyword lies in ‘ identify’ and ‘ believe’ , in announcements of GGP. So the new gold sources are not fully confirmed. Announcement: GGP Identifies multiple gold targets At Ernest Giles Project. Gervaise Heddle,...
EURGBP Upward trend continues and approaching N5 target. Entry date: 31-Jul-2017 Order type : BUY ATR 20 : 0.0065 Risk : 0.13 Entry: 0.8935 Stop: 0.8805 N1: 0.9000 N2: 0.9065 N3: 0.9130 N4: 0.9195 N5: 0.9260