UUU: $1 Short Target, very low Volume + Long PotentialFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I have a few quick insights. I think $UUU can hit $1 quite soon w/ continuing support levels. However, it is still very high risk. The market cap is very small, hence the volume is small. I wouldn't bet too much on this if I were to buy it. Currently, I'm waiting to see if it hits the $1 price target I am predicting, and if it can rally. However, again this is high risk. Lower volume and lower market cap stocks are harder to get out of. Be very weary.
Lowvolume
I am Giving Armor Minerals a NOPEFirst off please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. Right now, Armor minerals may have some long potential but the future isn't looking so bright. The trading volume is only 5.45K, which isn't a lot considering they have a 0.48 CAD price. Yes, they are on the Toronto Stock Exchange, but they are still grossly underperforming. From being over 67 CAD in 2008 to 32.80 CAD in 2010, to now this, what happened? Ever heard of something dropping to 140th of its price? Recently, the stock actually surged from 0.355 CAD and the past time this stock actually traded, it went up from 0.43CAD +0.050 (+11.63%). Ofcourse, it went up recently, nobody is buying it! Not to be a jerk or anything. Perhaps they are an amazing company, but there site also looks outdated and the last news update they have is from January 6th, 2017 (over 3 years ago).
Market is getting weakHello guys, I hope you have a good day and you are safe.
I want you to notice that we are losing volume on each cycle of pushing prices.
it means the market is losing demand and is getting weaker, personally I consider this a sell signal but as always do your own research before you act.
Good Luck.
XAUUSD - BEARS ARE COMING AGRESSIVE! (SHORT)Hello guys, I'm back finnaly!
I brought a nice opportunity for you guys on XAUUSD, after a long period the bulls are taking care of XAU but now things are changing..
We can see clearly on the Daily Chart the losing of interest by the buyers to make XAU go even higher is low, and now they are taking their profits back and closing their positions..
SOOO what we can wait for XAUUSD for the next days is probably a very deep fall in my opnion, put this pair on your WatchList and pay attetion in the next moves..
See you guys as soon as possible with news!
SEE YA!
OANDA:XAUUSD
Golden Cross V Rising Wedge and Low VolumeHello Traders, Bitcoiners, Hodlers and Chart Watchers,
Looking mostly at the Daily BTCUSD Pair:
On the current trend the 50MA/200MA golden cross will happen ~ 2/20/2020 - Within a week
The BTCUSD pair on the daily chart is showing a steep rising wedge that will break within a week
Xi Jinping Resistance ranges between 10,480 - 10,580
What is most interesting about this chart is that that Xi Jinping announced support for blockchain technology right after the Death ~ 10/24/2019 and The BTCUSD pair rose sharply with volume. Had there been no positive news at the time, the BTCUSD pair should have tanked to the long term support set in December 2018 to march 2019.
What will happen when we make the golden cross in a week? Time will tell.
BEARISH BTC - SHORT TRADETrading inside a descending triangle. MACD looks to be gaining some support but the volume suggests not enough price action. RSI not shown but looks overbought enough to keep my short from $8511 running. If close is made above $8368. I will take a risky long to around $8472 using only 10% of my wallet. Small gains to be made within this triangle. Let me know what you think about it. Definitely ready for a breakout soon and I am mainly focused on the short for this trade waiting for a close below the green support line on the chart and a close back above it for another bounce and maybe another small profit. Stop losses will be set to prevent my losses here as they are risky but they are there. Thanks for reading. Give me a like and follow if you want. I always appreciate feedback good or bad it’s the only way of learning better. DYOR. These are my views only
WMT Walmart Distribution Sell SignalWalmart is a strong stock that has painted fresh ATH's in the past couple weeks. However, this recent price action has shown considerable weakness: lowered volume, bearish RSI divergences, and an inability to strongly breakout much higher. It seems to be sputtering and in danger of turning over in a rounded top fashion. Candlesticks and wicks on the daily, weekly, and monthly bars look like we're at a top.
ETH low volatility foretell a big move soon ?As shown in the chart above, the standard deviation indicator, a widely used measure of volatility calculating the average dispersion of data points for the specified time range, reaches a level not seen since 2018. Price zig-zag in a very narrow range, between 180-185, for more than 3 weeks. The record low volatility and volume definitely is not a welcoming situation for traders who want to ride along with the inherent volatility of the crypto market. However, experienced trader should be vigilant because the dreary situation won't last forever.
Since volatility is squeezed so much for weeks, we can safely conclude a major move should take place soon. As long as the market decides to move up or down with heavy volume, a new trend will engender.
"All signs point to No" for BTC bullsEven in this parabolic move up, how long have we stayed above the 250 BB (green) with a 3.2 SD? The 125 BB (red) is working great on the 5 & 15 min for a hint on when it'll pump or dump. Judging by passed drops into the "Red Zone"/125BB's, it looks like it'll drop to around 9K minimum in my UNPROFESSIONAL opinion. It's been working for a while now so I'm gonna stick with it.
Good luck!
LOOM bottomed and almost ready4hr is bullish, once the higher timeframes look more bullish, volume should come in to this one. hoping for near 100% keeping stop near the red line
Poe shitcoin 100%+ gains shortlythis low volume pos is super bottomed out and can easily pump hard soon. keep a tight SL when trading near ATLs!
$OSS - low risk/reward - Swing Idea$OSS swing idea
1. Recent Earnings
2. Retraced to all time low (Multiple bottom)
3. Upcoming Conference 6/4/19
Market is weak so small caps and all other sector is bearish. So I'm looking for low risk entry with tight stop loss.
Idea:
1. Enter within the Orange and Red Line OR HOD break of Friday's candle - Scale out 5-8% (target is the green line) but will scale out at any opportunity. Rinse and repeat the play if it falls back to support zone.
2. Honor your Stop loss if it goes below RED line (5c or 7c - depends on where you have entered)
3. Low volume so manage your size/shares.
OR.. You can wait for confirmation when buyers start to step in on a weekly chart.
With the market being so weak, I'm taking smaller position and taking profits faster. Keep adding to support and move stops up accordingly.
Remember! HONOR your STOP LOSS & Plan your trade for small caps.
BTC - LOW VOLUME RALLYThe volume behind this rally is not impressive. Ever since the break of 6k the volume has been declining, which suggests that the last several months of price action is consolidation before another big move. I am expecting another re-test of the descending trendline around $3850 to set a lower high before continuation of the prevailing trend.
XMY incoming breakout? (easy 50%+?) Bullish butterfly pattern,
positive MACD crossing,
positive MFI+RSI
on both 4h and 1d charts.
very low volume in the dip
$RGLS break out pattern / low volume - swing ideaPossible break out soon.
Low Risk / Reward to 50 dma
Reason:
Stair stepping on daily making higher lows
Low volume
Indicator: RSI is at 45 and has been increasing (not overbought yet)
MACD still in negative so this might spike soon.
Recent offering in 2018 had created a sell off and currently accumulation has been steadily moving the price higher.
Higher Lows
Other reasons that looks promising:
New: Patent approval
finance.yahoo.com
Insider buyers
finance.yahoo.com
Trade Idea:
Swing: buy near 1.10-1.13 or within the black dash line
Daytrade: wait for break of 1.23 or safer 1.25 (watch for news or volume to enter as this has low volume)
Remember to:
Trade with a plan, set your stop loss, take profits at any spike above 8% (rinse and repeat)
Could this be the turning point of Bitcoin?From the daily chart, we could see that Bitcoin is sitting at 2 supports.
By now, we could confirm that the inverse head and shoulders did not play here, instead, it went sideways now for a couple of days.
after the bullish pennant, it went up but was denied by the 4200 resistance.
Volume gets lower and lower.
Could this be the turning point of Bitcoin?
Disclaimer: this is not a financial/trading advice.
cryptovan168
AE Temporary Upside Breakout ?A 10.56 Risk to Reward Ratio on this with a tight stop loss but strong upside potential if it breaks out. I put targets for both sides just incase you like to short ;)
Moving Averages also look to be crossing soon with the volume dropping low ( a nice sign for a potential breakout.
8.57% Day Trade Potential- KTOVPrevious trends indicate KTOV is a good buy if it drops below $2.10 and rises to around $2.28 an $0.18 Increase. I'm new to this, so give me advice!
View my analysis below.