Game can't be stopped!GameStop
Short Term
We look to Buy at 39.54 (stop at 35.95)
Preferred trade is to buy on dips. There is scope for mild selling at the open but losses should be limited. This stock has recently been in the news headlines. Further upside is expected although we prefer to set longs at our bespoke support levels at 40.00, resulting in improved risk/reward.
Our profit targets will be 49.69 and 51.17
Resistance: 50.00 / 57.00 / 86.00
Support: 40.00 / 32.25 / 21.67
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
MEME
Bed Bath and back down she goes!Bed Bath & Beyond
Short Term
We look to Sell at 12.61 (stop at 14.80)
Selling spikes offers good risk/reward. Previous support at 13.00 now becomes resistance. The medium term bias remains bearish. There is scope for mild buying at the open but gains should be limited.
Our profit targets will be 6.20 and 4.20
Resistance: 13.00 / 23.00 / 30.00
Support: 6.20 / 4.50 / 3.60
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Why would sell now LOL, don't be that guy! checkmate. loadDon't fall for the fud and deception. This is a loading zone, down 90%+ from its ATH, bullish price support at 0.0666 - 0.06969. This is your sign. Many bots employed by shorts to steal and scare. Not Financial Advice. Many Pension and Hedge fund doing badly must use short to cover their balances sad state. no fed print no equity go up. fed print equity go up inflation too and crypto moon. doge is checkmate with current financial markets. fate loves irony. will be best performing asset this decade. NFA
SHIB hungry again?Shiba Inu broke up this triangle📐 and I think there is chance for run to 1277 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback.
ENTRY : local high @ 1045
STOPLOSS (SL) : local low @ 969
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 1277
REWARD RISK RATIO (RRR) : 3
INVALIDATION : when SL level hit
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Turkish Lira (USDTRY)Economy keeps crashing in the hands of "strong man" Erdogan, who has fired every Head of Turkish Central Bank who tried to stop him fulfill his own Turkish Dream of hyperinflation in which business is no longer possible as the cost of imports and commodities rises daily. Erdogan's genius policy in a world where growth and investment is stalling is to keep slashing interest rates in the hope of stimulating investment in Turkey's economy... oh and getting his loyal supporters to hand out dollar bills in loyal neighbourhoods so that the people can burn them in front of TV cameras.
This country of 85 million has no economic policy at all anymore. It is a total basket case and failed state in the making. Get out!
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You maniacs! You blew it up! Ah, damn you! God damn you all to hell! --- Taylor
AMC held support on an upward trend.This is AMC 30 minute chart with the Cash in/Cash out Report (Ci/Co) applied. With the Ci/Co set to a user length of13, it gives us 6.5 hours of data ((30 x 13 = 390)/60) = 6.5. I have selected 6.5 for two reasons for this time frame (each time frame user input is independent of other time frames when using the Ci/Co).
1. 6.5 hours is a full day of open market trading.
2. The Ci/Co report paints your chart with a running sum of 6.5 hours into and out of the market. The intent of of Ci/Co is to quiet market noise. This time frame and user input gives a visual of when red and green bars are expected. The idea is to grey out false flag market movements.
Anyway, I see a slow upward momentum on a discounted meme stock that everyone is buying and holding. I don't pay attention to WSB but I do see a slow upward momentum. Have a look at the Cash In/Cash out report a free open source indicator here on Trading View.
ETH crashdump is not over, almost all crypto is going to get somewhat of a reset and rightfully so, especially the stupid memecoins, thats almost the dumbest thing thats ever happened in financial history.
May take a few months but we'll be down to $700-200 in eth price, quite the range there but honestly not trying to pinpoint a bottom until its clearer at the time, for now all I know is that the markets will continue down for sometime, no point investing right now, accumulate fiat and invest 6 months from now, maybe a year from now.
something to keep in mind, every key breakout was after 3 months or more of consolidation so we're pretty far away from a bottom IMO.
As I've highlighted above on the Eth chart, 2 x 1 month candles closed below the last support and then rejected top side, from there its down until next support levels.
Goodluck everyone, dont let your bias get you rekt.
RDBX Redbox Entertainment the next GME GameStop ??I see the recent rally of RDBX, which is a self-service rent or purchase new-release DVDs and Blu-ray Discs, as a return to the meme stocks.
RDBX went from $2 to $11 in just 10 days.
If we consider only the technicals, then the stock should reverse from the Fibonacci 0.618 level, which is $6.36 to $12.70.
I`m not in this trade though, the valuation is too high for me, 300Mil. GME was way cheaper when the short squeeze started.
Looking forward to read your opinion about RDBX.
APE - what's next?🐒After reaching the 2nd target from my previous idea...
...I think that Apecoin will be consolidating between the yellow trendlines and will create sort of triangle before next move. If that will be the case I will be ready to trade the breakout both ways.
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WHEN MOON : AXSAXS - into acclimation fase
Since the trend study high chance for a breakout.
- coin did show some breakdown trend - as BTC did breakdown also.
When moon?
Depending on more reasons - technically side AXS should show at last an increase - but there is no guarantee into markets - so on this side: AXS will be interesting to follow - and to see if this trends will happen or not.
AXS : When high chance for a breakout?AXS is depending on most of the study trading skills and signals on important trends for a breakout.
Since the last updates - AXS looks still not to make the expecting move
The BTC markets support most of the time the low coins, but the % price difference depends on the coin itself.
For AXS - it's important to hit at last the 47-48 USD to get the expecting breakout between 53-69 trend. between 12% and 46% is the model counting possibility.
Before that target AXS are into accumulation fase wich could change with time range.
The levels will stay still the same the 53-55 target and the 69 Target.
The above models are the expecting frames, which means there is no guarantee it will happen 100%
It's important to study all-time you trades well before entering any market.
It's always important to check the markets on all sides - markets can change all time.
$AMC had a short lived Bullish run. What is next?NYSE:AMC
Chart - Daily
EMA (Exponential Moving Average): 20 EMA crossed the 50 EMA but couldn't hold for the next cross over 100 EMA. It is currently trending downwards towards the 50 EMA.
TTM squeeze: All momentum is puff, gone. Squeezing downwards :(
Fib levels: We now have a reversed fib and at .382 it's the beginning baaaaad news. It must fight off .618 or we headed down for the 1 fib ($13.77).
Candle stick: Three Black Crows followed by a Bearish Engulfing. This is baaaaaaaaaaaaaad!
Pattern: Falling Wedge or should I say Bearish Price Channel Continuation.
News: I really think it's just the volatile markets and the continued fed data about CPI, SPI, and War.
History: Well last start first by looking at the previous moves and analysis; We suggested the moves to $27.71 and $31.04 which were right on point. We even got a little extra. The current trends are the exact opposite of the previous analysis. We say this to say that the probability for $AMC to go back to $13.87 (1 fib reversal) is super high given the current market conditions. Especially with today's CPI data of 8.6% for the month of March. Maybe $HYMC could come to the rescue but they seem to be facing the same fate.