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Macddivergence

A Lot To Analyze There is a lot to this chart and I decided to go super long on ABBV as I saw a buy in opportunity on the 45min chart. However let us look at the daily chart for long term growth. Some indicators are in our favor and some are against. Let us focus on the indicators and not the trend lines. MACD shows what may be our peak bear strength which means the bears will run out of gas and the bulls will start fo have control again bringing the stock price up. RSI is a low 47.71 where ABBV usually runs in the 50s. This means investors can see ABBV as a good buying opportunity as it is underbought. Guth 3x confirm initiated a strong and very accurate sell signal but if you look at the green line you can see the price is near bottom while the red line ( volume ) is still high meaning price should stay steady. Earnings are less than a week away and I believe ABBV will do well being a pharmaceutical company in times like today. I do not believe earnings will have much of an impact on stock price.
NYSE:ABBVLong
by Myantman101
6
NKE UpswingBased on the technical analysis of NKE on the 45min chart, there are a lot of signals that show the stock is positioning itself for a positive upswing. First there are multiple green bands overlapping each other on the Guth 3x confirm, these are buy signals that have a history of being very accurate. Second there are 2 buy signals that came up under the Divergence+ script, a script so accurate that it cost a monthly subscription. These buy signals are based on divergence. Third, and because I have been speaking about divergence, the MACD shows decreasing bearish strength and increasing bullish strength. Finally the RSI is low in to comparison to last week, currently sitting at 40.43 indicating that the stock is underbought. Comment your thoughts below and leave a like if you are a NKE bull or believe this upswing could happen. Follow to see to upward movement that is almost guaranteed by the combination of the D+ and 3x buy signals.
NYSE:NKELong
by Myantman101
8
LINK/USDT is in a very interesting spot LINK/USDT is in a pretty interesting spot right now! If we use The Elliot wave principle we can understand that the price is in the middle of it's 5th impulse wave so It is expected that the price would increase as high as the 3rd impulse wave! Another thing that makes this signal stronger is that there is a Pennant and a flag pattern as well so the creation of another flag pattern might happen Note: there is also a regular bearish divergence as well(-RD) which Means the price must decrease so Link's price might fall a little bit and than completes the 5th impulse wave!
by CobraVanguard
18
TLS - We may be getting a Buying Opportunity Right Away...TLS seems to be a buy right away, as it has pumped up higher with a massive Bullish Candle above the downtrend line, with High Volume and simultaneously giving a Bullish MACD Cross. It has been falling off like a rock since June 2015 all the way down from $7.00 to around $2.60 ( Support Zone ), but I think we may have seen a Medium and Long Term Term Low as it has bounced off strongly. We can also see as price was forming lower lows, MACD has been moving up developing a massive Bullish MACD Divergence suggesting a big shift in the Bearish Momentum. I believe that TLS should continue to move higher until it finds resistance at the R1 zone around $3.30 at TP1, giving a potential gain of70% on the position and move even higher to $3.550 region where my TP2 lies, to give a further 7% gain (or 14-15% gain in total position). Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
ASX:TLSLong
by AsimMirzaTrader
BANKNIFTY weekly analysis (LONG)hi it is a weekly analysis of BANKNIFTY and we can see the retrace on the price due to Covid-19 is now close to 50% Fibonacci level and it can have a touch on 61.8% too and then a big reversal and it will touch the 100% of Fibonacci expansion we can notice a divergence in MACD too which is an other reversal sign and when combined with Fibonacci levels we can see we will face a big boost in the business post Corona Crisis market may be renege for sometime but the ultimate move is
NSE:BANKNIFTYLong
by BitonGroup
Earnings Push With earnings coming up there's no doubt for traders to buy NFLX and expect to make some big returns based off of a solid earnings report as Netflix is most likely doing exceptionally well during these interesting times. Aside from the fundamentals, I want to dive deep into some technical analysis. If you have been following long enough you know I love candles and that I can find trends, highs, lows, price movements, floors, and ceilings. Of course I am not perfect and have made plenty of mistakes but over all I am still maintaining my 90% accuracy rating or $1000 lost for every $10000 I make. It is not about my credibility though, it is about the signals and divergence that show where the price is heading and as you can see the MACD is showing a decrease in bear strength while D+ is showing an increase in bull strength. There are also 2 buy signals for the 3x confirm that is also very accurate. My plan is to buy a call or two Monday 1.11.21 for NFLX to hit a strike price of $525 by 1.15.21 Ultimately I do not want to hold all week, I plan on buying in Monday and selling Tuesday or Wednesday. The sooner the better! Follow to keep tabs on this chart & see my trade activity Comment your thoughts below and if you would like one of your stocks analyzed, shoot me a PM. Happy Trading and lets make some big $$ this year!
NASDAQ:NFLXLong
by Myantman101
23
OverboughtSnapchat is overbought in the short term and indicators are showing a steep decline. First: MACD shows weakening bullish divergence Second: D+ shows high levels of bearish divergence Third: RSI is 71.62 indicating that the stock is overbought Fourth: Candle bodies are getting smaller as price increases showing that bullish volume is decreasing as price increase, and in order for bullish volume to increase, price needs to decrease. Think of SNAP needing a mini correction. I believe we will see this correction during the second half of the week. Comment your thoughts below! Leave a like if you agree and make sure to follow
NYSE:SNAPShort
by Myantman101
13
Is the US Dollar turning bullish?TVC:DXY On a weekly chart we see a MACD & RSI divergence. But that alone is not enough. We need to see a reversal pattern and/or structure breakthrough. So lets dig deeper: On a 4H chart we see a double bottom, with the second leg being a bullish engulfing candle. Moreover, this is accompanied by a MACD & RSI Divergence. We believe that a confirmation of the engulfing candle + a breakout of the downward resistance lines shown in the chart, could possibly lead to a larger positive trend in the USD. Happy Trading! Share your view on the DXY. Whether you agree or disagree, we can learn from everyone. Macro views are also great!
TVC:DXYLong
by nadavhurwitz