More Aussie Weakness? - Ichimoku AUD/USD Sell Trade SetupWe caught the beautiful drop a couple weeks ago and we're going to look for more bearish entries as long as the market shows us our bearish confirmations. I am looking for a nice rejection at kijun sen for a chance to sell. Ideally we would see that right away, but news may push price around and this may end up becoming more of a sell stop entry later in the week. Either way, if I find a good sell entry I'll be aiming for our recent price structure lows, then even lower price structure lows from a couple months back. If we fail to hold at resistance or to break lower, this setup may become invalidated.
Ichimokuchart
Swing trade $NTAP to all time high. 20%+ upside!As indicated price has bounced off 9 day avg line on the monthly chart; giving us a have a safe entry for swing trade to our price target of $88+. $NTAP will be reporting Q4 report on May 22nd:
"Q4 has historically proven to be a strong seasonal period for free cash flow conversion, as such we remain committed to driving free cash flow of 19% to 21% of revenues for the full fiscal year. Our confidence in our long-term vision and execution is reflected in our capital allocation strategy." - Ron Pasek: Q3 earnings calls.
My accumulation of $FB shares. Road to $220 and beyond! Last month I shared "LONG $FB - Swing trade into next months earnings!" when price was in $165 zone. I have done well since, accumulating through the month until earnings . With stellar numbers reported in Q1, I will continue adding as we still have a lot of upside left to $220+.
Trade the zones and add slowly. See you all at $220+!
$AMD: Earnings play to $30+! Almost there.The consensus earnings estimate is $0.05 per share on revenue of $1.26 billion. Investor sentiment going into the company's earnings release has 63% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 54.55% with revenue decreasing by 23.50%. Short interest has decreased by 13.1% since the company's last earnings. Overall earnings estimates have been revised higher since the company's last earnings release. On Wednesday, April 17, 2019 there was some notable buying of 13,780 contracts of the $26.00 call expiring on Friday, May 17, 2019. Option traders are pricing in a 11.7% move on earnings and the stock has averaged a 13.9% move in recent quarters.
More detailed info - www.earningswhispers.com.
Ichimoku GBP/USD 4HR ShortRecently started trading Ichimoku on the GBP/USD. With the Tenkan-sen below the Kijun-sen, a bearish future judging by the cloud and the Chikou span being below price indicates a continuation of the bearish trend. on the 4 hour price is trading close to the Tenkan-sen just awaiting the signal and confirmation to short this pair.
please give me any feedback i am still a novice when it comes to trading.
$CGC: Watch continuous pattern to the upside!We are currently in a falling wedge; watch price action at the bottom of the wedge for best entry point.
$SQ: Buy the breakout! HUGE upside.Update on $SQ: In my previous analysis, I mapped out the price to continue upwards in the upwards channel but instead we went sideways. We are now in a bullish pennant, waiting for a break to the upside. The bullish trend is still intact as indicated by the weekly Ichimoku Cloud. And as we all know, bigger the time frames, the more reliable Ichimoku is.
In my opinion, buying now would be safest with setting your SL under the pennant before shares push higher in May (earnings report). This an analysis, not an investment advice.
Euro on steady ground? - Ichimoku EUR/JPY Long Trade SetupIf you were in the coaching call yesterday then this setup will look familiar to you. We rose steadily last week before finding some resistance here at the top of the kumo. I am looking for a springboard move off tenken sen and the kumo as a confirmation for a long entry. In the coaching call I mentioned a more conservative entry would be just above the wicks of where we've been getting rejected, so we do have multiple ways to approach this setup. I've set this one a little lower for a little better risk to reward and to be closer to our stop loss right below kijun sen. If we fail to break higher or hold support, this setup may become invalidated.
$ACB: A closer look at the dipMy last analysis of $ACB was on the larger time frames which indicated more upside in the coming weeks. Now let’s look at the 4 hours time frame: I’ve indicated zones that we continue to surpass & each new zone we enter, we go into an upwards channel. If you have not entered, watch for price to bounce off of upwards channel before entering. Identifying the upwards channel in each new zone is a great opportunity to gradually add or for a first entry point before we reach all time high.
Also, $ACB was recently rewarded with the maximum number of lots in German cannabis tender. This is jus the beginning of many great news to come. A partnership with a large consumer company (in the works with Nelson Peltz) and the R&D expansion will shoot this stock through the all time high in my opinion.
$LULU: Swing Trade to all time high. Ride the wave!$LULU has been an exceptional stock; going up 79% the past year. We have a potential setup occurring for a profitable swing trade.
What to watch (1 week time frame):
- We see an incomplete head and shoulders - right shoulder can reach all time high (shown above).
- Ichimoku cloud shows bullish for next weeks or month to come - We will see the stock move higher before lower.
- Watch for a bounce on the 26 day avg line or Ichimoku Cloud Span A.
-Be patient and enter only if a bounce occurs around the 130-140 levels.
We have identified the long term trend, found an entry point and exit point. Now RIDE THE WAVE. Most important of all, BE PATIENT .
Trade at your own risk.