Moving Average Convergence / Divergence (MACD)
Teck long opportunityHello everyone, we are back with yet another technical analysis. I hope you guys have enjoyed the past week, whether it be trading crypto, stocks, or currencies. The technical analysis today will be centered around the idea of TECK hitting 17.09.
Elliottwave analysis: My elliott wave analysis is kinda cluttered, some I'll try my best to break it down for you. The move to the 17.09 mark, I believe will be the wave 5, of the wave C, or the greater wave 3. The reason why I don't believe this will be the wave 5 of the greater trend, is because then we would have to assume that the wave C ended at the 15.70 range, which wouldn't make much sense since there are no fibonacci ratios there. Instead, I see this as the 3rd wave of the wave c, the retracement being the 4th wave of the wave C, and this next move up being the 5th wave of the wave C. Taking a projection from the start of the wave c, to the wave 3 top, to the wave 4 bottom, we can anticipate the wave 5 hitting the 0.8 fib range, which is around 17.50$. A break below the recent swing low is a bad sign and would mean I am wrong.
On the 1 hour chart, we can see some bullishly diverging rsi and macd, meanig the we are probably going to being the 5th wave sometime soon.
Keep in mind that this trade might take a couple of weeks to be completed, so position yourself accordingly.
I wish you all the best this trading week, and have a great day.
$HEPA aiming to trade higher-HEPA technical analysis$HEPA Breakout of the wedge:
- RSI divergence.
- MACD looks good.
- Price projection gives 40% possible profits.
- It would saver if traded until $3.81 resistance.
- Patient traders can wait for a pullback for a better entry position.
You can check my ideas here:
notrustyourbroker.com
Looking for more longs on EGThe targets for the break of the previous channel (sent to our students) were hit perfectly, before we saw a retrace back down. The beautiful thing about the retracement is that it appears to have moved directly into a new descending channel.
I think we are likely to see a little more of a dip before this pair moves away, but i for sure will be looking for longs on this pair with either a strong rejection of the marked lower level (.902) Or with a break and pullback of this channel top.
this level gives a nice confluence in also being the 618 on the fib retracement on the trend move in the day/week view.
We have nice divergence across our histo to vouch.
Now its just time to let the markets wake on Sunday night, reveal a little more price action and find a confirmed entry ideally in the 4 hour.
If we can get the break of this channel, .924 & .934 are the targets. I have another more ambitious target further up, but for now that will do.
Alert: Bitcoin formed a bearish rising wedge in H3 timeframe!!!I hope that the Daily candlestck is goes to closed up as in H4 timeframe. Right now, we found in H4 timeframe that we see 6 doji of indecision and that cause a lot confussion oft the trend. I believe that demand supply is weakness becuase we see a squenze of candlestick of indecision formed dojis. Also, I add the MACD in H4 timeframe and we see the volume is losses boughters and bears could be to take the control!!!, So, it's very important to know this manipulation!!!
But, watching in the H3 or H2 tiemframe. The H3 timeframe is better, because Bitcoin is formed a bearish rising wedge if you link he points. Well, also and noticed that MACD are losses ther boughters volume and it's so enarly to the sell croosing, that could be another data as sell Bitcoin.
Well, we see in general that demand is fighting with supply and both created a lot confussion on the market, remember that this squenze of Dojis has the highly possibility that the trend make a reversal again when the price come.
SPI sees its 50-d moving average cross bullishly above its 200-dThe 50-day Moving Average for SPI moved above the 200-day moving average on August 31, 2020. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend. Current price $14.00 is above $1.85 the highest resistance line found by Tickeron A.I. Throughout the month of 08/21/20 - 09/23/20, the price experienced a +929% Uptrend. During the week of 09/16/20 - 09/23/20, the stock enjoyed a +1067% Uptrend growth.
Current price $14.00 is above $1.85 the highest resistance line found by Tickeron A.I. Throughout the month of 08/21/20 - 09/23/20, the price experienced a +929% Uptrend. During the week of 09/16/20 - 09/23/20, the stock enjoyed a +1067% Uptrend growth.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Indicator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
The Momentum Indicator moved above the 0 level on September 15, 2020. You may want to consider a long position or call options on SPI as a result. Tickeron A.I. detected that in 48 of 55 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 87%.
The Moving Average Convergence Divergence (MACD) for SPI just turned positive on September 16, 2020. Looking at past instances where SPI's MACD turned positive, the stock continued to rise Tickeron A.I. shows that in 22 of 26 cases over the following month. The odds of a continued upward trend are 85%.
SPI moved above its 50-day Moving Average on September 23, 2020 date and that indicates a change from a downward trend to an upward trend.
The 10-day Moving Average for SPI crossed bullishly above the 50-day moving average on September 23, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 5 of 7 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 71%.
Following a +19.80% 3-day Advance, the price is estimated to grow further. Considering data from situations where SPI advanced for three days, in 94 of 106 cases, the price rose further within the following month. The odds of a continued upward trend are 89%.
Bearish Trend Analysis
The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where Apple declined for three days, the price rose further Tickeron A.I. shows that in 50 of 62 cases within the following month. The odds of a continued downward trend are 89%.
SPI broke above its upper Bollinger Band on September 23, 2020. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for SPI entered a downward trend on September 16, 2020. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
GOOS, Aroon Indicator entered an Uptrend on Sep 23, 2020.Over the last three days, Tickeron A.I.dvisor has detected that GOOS's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. Tickeron A.I.dvisor backtested this indicator and found 195 similar cases, 168 of which were successful. Based on this data, the odds of success are 86%. Current price $28.63 crossed the support line at $23.44 and is trading between $30.39 support and $23.44 support lines. Throughout the month of 08/21/20 - 09/23/20, the price experienced a +28% Uptrend. During the week of 09/16/20 - 09/23/20, the stock enjoyed a +2% Uptrend growth.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for GOOS just turned positive on August 25, 2020. Looking at past instances where GOOS's MACD turned positive, the stock continued to rise in 29 of 35 cases over the following month. The odds of a continued upward trend are 83%.
GOOS moved above its 50-day Moving Average on August 24, 2020 date and that indicates a change from a downward trend to an upward trend.
The 10-day Moving Average for GOOS crossed bullishly above the 50-day moving average on August 14, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 10 of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 77%.
Following a +3.44% 3-day Advance, the price is estimated to grow further. Considering data from situations where GOOS advanced for three days, in 196 of 241 cases, the price rose further within the following month. The odds of a continued upward trend are 81%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 168 of 195 cases where GOOS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 86%.
BLFS, Aroon Indicator entered an Uptrend on Sep 21, 2020Over the last three days, Tickeron A.I.dvisor has detected that BLFS's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. Tickeron A.I.dvisor backtested this indicator and found 239 similar cases, 211 of which were successful. Based on this data, the odds of success are 88%. Current price $27.05 is above $19.22 the highest support line found by Tickeron A.I. Throughout the month of 08/20/20 - 09/22/20, the price experienced a +37% Uptrend, while the week of 09/15/20 - 09/22/20 shows a -3% Downtrend.
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for BLFS just turned positive on August 26, 2020. Looking at past instances where BLFS's MACD turned positive, the stock continued to rise in 36 of 47 cases over the following month. The odds of a continued upward trend are 77%.
Following a +16.45% 3-day Advance, the price is estimated to grow further. Considering data from situations where BLFS advanced for three days, in 245 of 280 cases, the price rose further within the following month. The odds of a continued upward trend are 88%.
The Aroon Indicator entered an Uptrend today. Tickeron AI detected that in 211 of 239 cases where BLFS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 88%.
Uber Trading RangeUsing Standard Deviation rules and a Fibonnaci Retracement channel we can track the range bound movement of Uber and help determine the next probably trading range. Testing near the highs of the range showed some resistance as we closed yesterday with a strong bearish candle. showing inability to regain strength could signal a potential reversal of price back towards the range that we can track from june through august.
SPXC's RSI Oscillator climbs out of oversold territoryThe RSI Oscillator for SPXC moved out of oversold territory on September 14, 2020. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. Tickeron A.I.dvisor looked at 26 similar instances when the indicator left oversold territory. In 22 of the 26 cases the stock moved higher. This puts the odds of a move higher at 85%. Current price $42.63 crossed the resistance line at $42.51 and is trading between $46.20 support and $42.51 resistance lines. Throughout the month of 08/19/20 - 09/21/20, the price experienced a -3% Downtrend, while the week of 09/14/20 - 09/21/20 shows a +5% Uptrend.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 16, 2020. You may want to consider a long position or call options on SPXC as a result. Tickeron A.I. detected that in 76 of 97 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 78%.
The Moving Average Convergence Divergence (MACD) for SPXC just turned positive on September 17, 2020. Looking at past instances where SPXC's MACD turned positive, the stock continued to rise Tickeron AI shows that in 39 of 50 cases over the following month. The odds of a continued upward trend are 78%.
SPXC moved above its 50-day Moving Average on September 16, 2020 date and that indicates a change from a downward trend to an upward trend.
Following a +2.50% 3-day Advance, the price is estimated to grow further. Considering data from situations where SPXC advanced for three days, in 241 of 322 cases, the price rose further within the following month. The odds of a continued upward trend are 75%.
SPXC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The volume for BBW stock increased daily growth of 456% of 65DayThis one-day volume growth resulted in a record-breaking increase of 456%, as compared to the 65-Day Volume Moving Average. BBW's total volume now sits at 717.3K. The +3.59% price change was insignificant, leaving BBW's price at $3.46. This volume move could indicate a change in trend, and may be a buy signal for investors. Tickeron A.I.dvisor found 63 similar cases, 52 of which were successful. Based on this data, the odds of success are +83%. Current price $3.25 crossed the resistance line at $3.28 and is trading between $3.28 resistance and $2.94 resistance lines. Throughout the month of 08/19/20 - 09/21/20, the price experienced a +44% Uptrend, while the week of 09/14/20 - 09/21/20 shows a -2% Downtrend.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on August 28, 2020. You may want to consider a long position or call options on BBW as a result. Tickeron A.I. detected that in 56 of 83 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 67%.
The Moving Average Convergence Divergence (MACD) for BBW just turned positive on August 31, 2020. Looking at past instances where BBW's MACD turned positive, the stock continued to rise Tickeron AI shows that in 26 of 36 cases over the following month. The odds of a continued upward trend are 72%.
BBW moved above its 50-day Moving Average on August 24, 2020 date and that indicates a change from a downward trend to an upward trend.
The 10-day Moving Average for BBW crossed bullishly above the 50-day moving average on August 05, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. In 10 of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 63%.
The Aroon Indicator entered an Uptrend today. In 96 of 136 cases where BBW Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 71%.
WKHS,enters a monthly bullish trend.Expect Uptrend continuationWorkhorse Group Inc (WKHS, $30.27) is predicted by Tickeron A.I.dvisor to grow by 4% to $31.48 or more within the next month. Keeping in mind similar previously-analyzed scenarios where the stock trended up during the month, the odds of an Uptrend continuation are 88%. Current price $27.51 is above $18.20 the highest resistance line found by Tickeron A.I. Throughout the month of 08/19/20 - 09/21/20, the price experienced a +84% Uptrend. During the week of 09/14/20 - 09/21/20, the stock enjoyed a +16% Uptrend growth.
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for WKHS just turned positive on August 31, 2020. Looking at past instances where WKHS's MACD turned positive, the stock continued to rise Tickeron A.I. shows that in 33 of 41 cases over the following month. The odds of a continued upward trend are 80%.
Following a +14.09% 3-day Advance, the price is estimated to grow further. Considering data from situations where WKHS advanced for three days, in 243 of 281 cases, the price rose further within the following month. The odds of a continued upward trend are 86%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 165 of 209 cases where WKHS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 79%.
APPLE 3 Possible Scenarios$AAPL I see following possible scenarios:
1. (GREEN) Today was a perfect bounce off 15 EMA ~$105 on Weekly chart. Price could move higher to ~$135 using this strong historical support as a "trampoline"
2. (ORANGE) Today was a dead cat bounce witnessed on support weekly ~$105 support only for possible lower moves to $80-$90 support range in near future
3. (RED) Today was fake out and we continue downward slide to $80-90 support area.
I think scenario 1 is the most likely to play out and I have bought the recent dips. Of course anything can happen and that's why its important to manage risk and set stop losses.
Let me know what you guys think! Discussion and hearing other view point is great. NASDAQ:AAPL
HOVNP, Stochastic left the overbought zone on Sep 17, 2020This is a signal that HOVNP's price trend could be reversing, and it may be an opportunity to sell the stock or take a defensive position. Tickeron A.I.dvisor identified 63 similar cases where HOVNP's stochastic oscillator exited the overbought zone, and 57 of them led to successful outcomes. Odds of Success: 90%. Current price $7.00 is above $6.06 the highest resistance line found by Tickeron A.I. Throughout the month of 08/17/20 - 09/17/20, the price experienced a +4% Uptrend. During the week of 09/10/20 - 09/17/20, the stock enjoyed a +6% Uptrend growth.
Bearish Trend Analysis
The Stochastic Indicator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The Moving Average Convergence Divergence Histogram (MACD) for HOVNP turned negative on September 01, 2020. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron A.I.dvisor looked at 49 similar instances when the indicator turned negative. In 41 of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at 84%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where Apple declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 82%.
HOVNP broke above its upper Bollinger Band on August 25, 2020. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
MORE UPSIDE POTENTIAL ON BITCOIN USING MACDDrop a like if this helps you out :)
The MACD has just crossed on the hourly, if you look at previous crosses you can see that this is a rather powerful indicator and usually results in a nice rally/downtrend.
The MACD indicator is one of my favourite and in my opinion on of the most undervalued indicator out there. I almost never take a trade going against the trend on the MACD. I don't purely trade the MACD however these is a lot of upside to a strategy that is purely based off the MACD.
Daily technical Analysis: Bitcin is go to explode!!!Hello, in this overview, Bitcoin show a possible bought in Daily timeframe. Also, the best target it's will be $11,200 USD, but making considered, my exact target will be $11,000 USD. That is a interesting opportunity to buy Bitcoin in short term. Bitcoin is leading to the $11,000 USD.
Now, looking the Key Support Line, Bitcoin is respect the up trend line, and that mean that Bitcoin is still up for bulls. Also guys, we identify a new support in Daily mark in yellow, becuase bulls show a soon bull run.
So, guys, it is my analyze in Daily, in some minutes, I will going to make an another analysis on H4 and H1 timeframe.
We are in profit!!!
Please guys, get me a like to be positioned as Bitcoin's trader analyze favorites on the top of the best traders on Trading View to be here into the top of Bitcoin's analyze. And share this analysis with your friends, traders or other if you found out any of interesting of this analyze.
Ontology Bullish Divergence on Weekly
Ontology Bullish divergence
Weekly
The volatility for Ontology is usually pretty good, so when I see a bullish divergence and other factors are more or less in line, I like to trade it.
What I see here is a bullish divergence on the weekly and after that strong dump, due to BTC and the furious Bitmex liquidation cycles, I see that the EFI is definitely not diverging here. By the looks of it, I expect we will at least tick up to the EMA or the previous resistance, although that one is not tremendously strong, only 2 previous hits and it wasn’t trading in that zone for a long time.
Daily
On the Daily we see a pattern of higher highs and higher lows, we’ve just made a higher low so entering now could be good. I have some money reserved, to get add more later. I entered around 0,4060.
The Stochastich RSI crossed again, and MACD-H looks like turning up again.
The Stoploss has been placed on the Daily, when it breaks down that -3 ATR level, which equals 25% of that down wick during the heavy BTC dumping, it invalidates this setup.
The targets are set at the +2 and +3 ATR levels of the weekly. We have to overcome that small restistance there around 0,51.
As always, I will measure the strength of the uptrend and see if I get out earlier partially
Entry 0.40xx
Exit 0.797
Exit 0.897
Stoploss: 0.29
Risk Reward Ratio:
R/R 1:4
R/R 1:5
Cable Short after SMA cross We got in here on cable after a clear SMA cross had appeared.
No major data out of either country until 13:00 GMT which gives this position a good 4hrs before we need to either take profit or stop loss.
All of my criteria was met with this trade hence why i decided to enter.
The stop loss was fairly big but i decided to enter anyway as this trade set up was very appealing.