ALL trading ideas have entry point + stop loss + take profit + Risk level. hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are...
ALL trading ideas have entry point + stop loss + take profit + Risk level. hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are...
As TVC:GOLD reached the first price target that I wrote on March 30, 2024 (see the related ideas section) I closed half of my position. For another half, I still hold a long position while moving up the trailing stop. Now let's find the next target for OANDA:XAUUSD As shown on the chart, I expect the next stop is around $2500.
On April 3, 2024, NYSE:SPOT broke out into new high which provide an entry opportunity.
On March 12, 24, I wrote about NASDAQ:MSFT as it crossed the trendline with higher than average volume, which provides a buying opportunity. Later, on March 14, 24, the stock again broke out into the new all-time high, which provided an additional buy point. You can see these 2 posts below in the related idea section. However today NASDAQ:MSFT , although...
ALL trading ideas have entry point + stop loss + take profit + Risk level. hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are...
NASDAQ:SMCI is a clear leader during this bull market. However, after a 260% run-up from a previous buy point as shown on the chart, the stock is struggling to move up further. Now it might slowly form a Head & Shoulders Pattern, and a breakdown through the neckline would signal a sell. Interestingly, the neckline is right near the 50-day moving average (blue...
On March 20, 24, NASDAQ:LRCX reclaimed its moving average MA-20 which provides a possible entry with a stop loss below the MA-20.
NASDAQ:NVDA is THE leading chip stock during in AI-powered bull market. The stock is currently trading near its ATH and right at its MA-20. A break through the resistance to move into a new high would be an appropriate buy point.
On March 20 NASDAQ:MSFT reclaimed a previous resistance as show on the chart, and on March 21 went up into new high. A new high is a good entry point for trend-following traders.
On March 21, 2024, we entered a position in NYSE:DELL as it broke out of a trendline as we discussed in a post you can find in the related ideas section. At the end of March 28, 2024, the stock continues to trend up together with its rising MA-21 and an break above the yellow trendline shown on this chart would provide an additional buy point.
While trading, I usually use MA-20 as a sell signal for stocks which already started running from a long base. It doesn't mean that the stock will go down further. When I sell a stock, I have absolutely no idea about what it will do after. It may indeed goes down further, or it may consolidates somewhere forming a new base. NASDAQ:CELH broke out of a long...
On March 25, 24, CRYPTO:BTCUSD is forming an inverse head and shoulder pattern on 4h. A break out through the yellow neckline would provide a good buy point. This is an additional buy point after another buy point using a symmetrical triangle pattern as shown below (see the related ideas section for more details)
On March 15, 24, I am looking to trade NASDAQ:ARM using this symmetrical triangle/bullish pennant pattern. A move up piercing the upper trendline will present a buy signal, with volume confirmation on break out.
On March 21, 24, NASDAQ:MU broke out strongly out of a very long consolidation, starting from the beginning of 2021, a 2-year consolidation! There is no buy point for me here. But a pullback to the previous resistance (the horizontal yellow line as shown on the chart) would provide a good opportunity. Or let's see if there will be any short-term pattern forming here..
At the close of March 22, 24, NASDAQ:QCOM has been moving 2 weeks in the high tight flag pattern. A breakout of this flag with high volume confirmation would be a valid buy point.
NYSE:SNOW was one of a very good acting stocks from the low of November 23, at around $145, it increased to $236 on Feb 28, 24. A nearly 60% run. Its key moving averages (MA50/150/200) had been acting very well. On Feb 29, 24, NYSE:SNOW broke down hard violating its MA-50 on huge volume, after earnings. The big gap down of -18% made it looks like a bargain....
On March 24, 24, NASDAQ:GOOGL is moving in a weekly cup & handle pattern. Can it break out or not? It is interesting for me to watch this stock moving out or coming back down. I am not so confident trading this stock, however.