ZOOM VIDEO FLAG AND POLE Hello All
Hope the last trading week was in the green for all of you.
Back with a flag and pole on a daily and weekly time frame on ZM (this chart is on a daily).
Good entry point if the daily takes support of the trend line and closes above the previous low.
Stop loss just below the support trend line of the flag ( see red horizontal line ) .
My entry is at the yellow horizontal line.
Risk management rules fit well to a 2% rule if you start with a small to medium position for now.
Can always pyramid on more while the stock is on its way up after a breakout of the resistence trend line of the flag with zero risk. ( stop loss = entry point ) or even add a trailing safe zone stop loss for profit taking.
The target beautifully meets the previous resistence as you can see in the picture ( marked green horizontal line ).
If you like the idea and would want more of such entries and exit ideas , please leave a like and a comment.
Your support is greatly appreciated.
Happy Trading
Flagbullish
There's no reason why Matic won't be $10 in DecemberSuch a strong project, with a strong use case and great price history.
Not much can stop Matic.
#bullish
ANTM INC FLAG AND POLEHello All
Back with a flag and pole this time in a healthcare stock ATNM Inc.
Trading in a range for a few weeks now, with support of the trend line and doji being formed, a reversal is in order.
A good buying oppurtunity at this point with a good upside of almost 15 % to 10 %
Stop loss a few dollars below the trend line.
High reward with low risk entry
Have fun and please feel free to leave your feedback and comments.
Thanks
Pfizer Flag and pole Target AchievedHello ,
I had previously published a Flag and Pole pattern on Pfizer Inc. ( See my previous ideas on PFE )
Just as a confirmation about the nature of technical analysis, today the target is achieved.
Please feel free to leave your feedback and a like.
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TMRVL- Weekly Chart- Flag&Pole Breakout CMP 16.6 Buy TMRVL- Weekly Chart- Flag&Pole Breakout
CMP 16.6 Buy For Target 20-25-32-38-45+
SL Below 9
Onmobile panent pattern breakout after 3 months of consolidationOnmobile global
Stock was consolidating from approx 3 months and now it had given breakout in weekly time frame with good volume.
Buy for long period
Keep strict sl @ 100
Buy above breakout
Target @ 199
Use trailing sl to cover your profits
Buy at your own risk.
vTechnical Analysis:
The price is trading inside a bullish flag formation where the pair is moving to the downside by retracing toward the area of confluence. This zone is made by the 38.20% Fibonacci retracement level, the support, and the lower end of the channel. This could cause a huge move to the upside toward our target profit.
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Trade Idea:
Buy Limit Order @ 90.16
Take Profit @ 90.76
Stop Loss @ 89.96
Trade Safely 🙂
TELUSDT 📞 on the Daily - KUCOIN*NOT FINANCIAL ADVICE: DYOR - This idea is IMO personal use only*
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Channel from monthly view, expecting to retest my support line before breaking the 2nd flag formation and leg up IMO.
This is a HOLD and also Trade opportunity for me.
As always, watch for volume. Do your own research. Always be watching BTC .
Good chat.🤖
Week 15: ZSK2021 Consolidation in a Bullish Flag Technically it is forming a bullish flag.
I would place my Buy Limit at Demand area, which is at $13.70 level.
Also, I have a pivot marking at $14.05 --> it serves two purposes:
(1) if my Buy Limit is triggered, $14.05 is my Take Profit level.
(2) if the price does not go any lower and crossing $14.05, it is likely to continue to be bullish.
Overall this week is rather bullish.
ADOBE possible FLAG formation !The technology sector is preparing to make a new high.
Many stocks are after a consolidation period since September.
We can clearly see that ADBE testing its highest high , so watch it.
As always, diversify.
If the flag pattern will follow through a big move is about to happen, one that worth risking on a trade.
Previous pulse waves were relatively smooth.
Side note: if you are familiar with Wyckoff theory, SPRING just happened in March... which is also a possible positive sign for a shoot up :)
RVNUSDT 4H Long setup; Bullflag after breakout of desc trendlineTA Explained
RVNUSDT did a full pullback to the fib 0.728 level as can be seen in the below snapshot:
After breaking the descending trenline, a bullflag is being formed, about to break out. However one more dip could be expected as well, which would give the second entry for this setup.
Trade setup
Best entries: 0.14991 -0.16440
TP1: 0.19931
TP2: 0.22581
TP3: 0.26428
SL: 0.12785
RR: 3.61
Max leverage: 1x
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)