I believe it's just a figment of my sick mind. But... this idea come true if my "optimistic" (check a related ideas) will be broken by next few months.
Hello traders. Going to open a short position around this 4170 area at the next 4hr red candle for several reasons : - We are around a 0.786 Fib Retracement from the previous 4.4k top and 3.1 bottom which is a key level for reversal. - We are making a nasty bearish divergence on RSI, MACD and Stoch, they have proven their worth during this bear market. - It...
Bad news invest in something better for the planet like Tesla or Microsoft.
The DJ:DJT chart corresponds to an update of the chart published in the article "Trading the Dead Cat Bounce Pattern." TheLiveTradeRoom
Ladies and gentleman - we entered months of boring price action...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1...
The DJT daily chart corresponds to the chart published in the article "Trading the Dead Cat Bounce Pattern."
Targeting a short-term bounce on GE here, typically these blue chip stocks when in heavy over-sold territory at a minimum show some short-term recovery when fear and PERCEIVED risk is high. Good opportunity to play the bounce here. Disclosure: I have no position in GE.
It hurts me a lot , but it is time to admit. This market is almost dead. Couple of month ago I've published a chart with different scenarios of crypto/stock correlation. I've studied the market a lot and in my opinion the worst is yet to come. 2018 has proven : 1) (THE MOST IMPORTANT) Investors do not consider crypto as an alternative for current financial...
On January 18, EURONEXT:FR stock price was around 66€, close to its all-time high. 9 months later, Valeo has been almost divided by 2 with the formation of a very specific type of technical price pattern. The "Dead Cat Bounce" As defined by Helen Alpino, the dead cat bounce comes a time in a downtrend when bear traders decide to take profit. Bull traders...
Watch CCI momentum with MACD here. . . future profits and earnings TBD. Await patents and studies. Expect they'll eventually have to sell the farm here to pay for all the cannabis / hemp studies. Ent Value / Mkt Value is 1.02. A new medical advisory board for new medical products. One patent issued 2017 for treatment of neurobahaviors and could lead to...
I see two targets as possible 'relative' highs first target at $6547.00 second target at $6741.00 followed by continuation of trend to the down side --if the maximum bounce is seen if price meets the $6741.00 target --> sell off to sub $6k to somewhere around $5950.00 ---> followed by bounce to $6260.00 range ---> followed by the 5th wave...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1...
BTC jumped from lowwer channel into higher one. Previous resistances changed into support. The Dead Cat still flying until the next stronger resistance or breaking channel. RSI indicates a bit energy left in the air to glide up.
XEMBTC NEM BITCOIN Dead Man Walking NEM is another coin being marched down a slow road to oblivion. Once 15 is broken it should fall away to 12 and then 9. Continue to sell rallies back to the upper dynamic and/or the break below 15 when it comes. 48/7 36/5 25/4 18 15 12 9
GE General Electric Not Dead Yet It's been a long time since the last update on GE - it's not been warranted either by the look of it. It's still unloved and untrusted. Depending on profile, this looks like one to accumulate at the these levels. After spending months in a relentless down-trend that began with the break below 30 (several months before any bad...
It's not time to get too excited just yet. Still holding onto my $4,200 target in October. I am a bear until we get above $12,000 and trade above long term moving averages that are in a bullish posture. Won't be re-opening a short just yet, will be waiting to see how the MA's hold as resistance.