Consolidation Im gathering more shares at this low lvl today i think we will stay at this price lvl rest of today. (2.30 - 2.55 maybe 2.6ish)
#BBIG #notfinancialadvice
Memestocks
#AMC - YOU TRIED, BLESS YOU ALL...Enjoy. For the record, i said back in Dec2020/Jan2021, that this wouldn't end well for the simpletons thinking social media terms like "diamond hands" and "hold the line" ever would have worked out, and thanks to Evergrande (3333.HK) and Inflation, its NOW time for those little slogans to REALLY get tested.
Lets see how "diamond" your hands are soon, when you're wife is blowing your neighbour for a can of beans.
as i said....Enjoy...
AMC - Nasty Double Top. All Eyes On SupportWhile NYSE:AMC broke out of 200EMA resistance earlier this month, things do not look good for longs currently.
We see a nasty double top on a strong resistance level, followed by a close below the recent upwards swing. We see both buyers and sellers trying their best to steer price levels to go either way, as seen from multiple dojis on a CRUCIAL support level. Whether or not this level turns into resistance, is anyone's guess.
Personally, I am looking to enter a short position once price falls through support and sets us up for a beautiful double top setup.
As with meme stocks, I would refrain from holding my position for a prolonged period of time in the event of an unlikely short squeeze.
Will be monitoring AMC closely today.
Happy trading
Printer turned into shredder2020-going on:
-Pandemic with failed vaccines and endless boosters
-Supply shortages
-Struggling job market
-Skyrocketing bond purchases
-Tapering right after
-Never ending tensions between the US and China
-Never ending tensions between the US and Russia
-Extreme tensions between Russia and Ukraine + western countries
-Small and mid cap stocks tanking non stop
while the same tech stocks are pumping non stop over and over again, keeping the market alive
Here is my opinion:
I just don't see any logical reason to keep it going like that, like we have seen in the past months/years.
You can't keep running non stop without collapsing and gravity always wins. All the perma pumpers,
especially the new generation of meme and pandemic traders need a reality check. It's easy to scream
non stop "to the moon...new all time high...stocks only go up...etc." in a propped up stock market.
It's funny how they disappear in online forums when the market suddenly decides not to gap up non stop.
They literelly don't know what to do. That goes for "small" traders, but also for traders who gained
many followers during that time, acting like wise gurus.
Have fun trading BOTH ways and trade the charts, not your hopes and wishes (or blindly follow others)
$ATER => WatchlistMaybe Aterian deserves a spot on a trader's watchlist here. Above 4$, crazy things COULD happen.
Those 2021 highs most likely won't be seen any time soon if ever again, but already a mild retrace to the 23 or 38 retraces would mean big gains.
A break above 4$ and closing above it at least on daily timeframe is mandatory here though, for putting some money on line in my opinion.
Good Luck on your trading!
Important Buy Signal Flashing for AMC!Hey Traders,
As you can see on the Daily Chart of AMC. A Technical Indicated a BUY. Historically these Indicators work very well among stocks, crypto, and forex. Even in the past of AMC stock, the BUY signals were great for this. However there is a chance I am wrong and this keeps going down, maybe take this to start DCAing. AMC's target for the recovery is $50 (Fibonacci Golden Pocket). We can put in calls/ longs to be in massive profits!
Safe trading,
-Pulkanator
FinecoBank (FBK.mi) bullish scenario:The technical figure Falling Wedge can be found in the Italian company FinecoBank S.p.A. (FBK.mi) at daily chart. FinecoBank S.p.A., known as FinecoBank or just Fineco is an Italian bank that specializes in online brokerage. Launched in 1999 with its Fineco Online service for retail traders, Fineco became a listed company in 2014 and has been independent from UniCredit banking group since 2019. FinecoBank is a constituent of FTSE MIB (since 2016), the blue chip index of the Borsa Italiana. Since 2015 it has over a million customers in Italy, where its role has been compared to that of Schwab in USA. The Falling Wedge has broken through the resistance line on 10/02/2022, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 35 days towards 16.550 EUR. Your stop loss order according to experts should be placed at 14.280 EUR if you decide to enter this position.
Italy's FinecoBank said its full-year net profit hit a record 349.2 million euros ($399 million) driven by stronger net commissions, lifting its shares on Wednesday. The bank proposed a dividend of 0.39 euro per share. FinecoBank said in a slide presentation it expects 2022 net financial income - the net interest income and profit from treasury management - to at least match 2021, when it was 280 million euros.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Easy 80% move to the upsideI don't know if AMC will make a new high, although I think it will, still this is a nice trade as I believe it will retest the breakdown level and the 2015, 2017 high which is a nice 80% higher. Would set a stop at $17 range. GL friends. Please follow.
IAG (IAG.mc) bullish scenario:The technical figure Triangle can be found in the Spanish company International Consolidated Airlines Group S.A. (IAG.mc) at daily chart. International Consolidated Airlines Group S.A., trading as International Airlines Group and usually shortened to IAG, is an Anglo-Spanish multinational airline holding company. It was formed in January 2011 after a merger agreement between British Airways and Iberia, the flag carriers of the United Kingdom and Spain respectively, when British Airways and Iberia became wholly owned subsidiaries of IAG. The Triangle has broken through the resistance line on 10/02/2022, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 21 days towards 2.2830 EUR. Your stop loss order according to experts should be placed at 1.8120 EUR if you decide to enter this position.
IAG is set to cancel its takeover of Air Europa after European regulators indicated they would not allow it to go through without further concessions, though CEO Luis Gallego hasn't given up hope of some sort of tie-up. British Airways and Iberia owner IAG's proposed acquisition from privately held Spanish company Globalia was designed to help the group's Madrid hub to compete more effectively against its European rivals. Air Europa provides connections to Latin America as well as serving destinations in Europe.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
$AMC to the moon pt.2 ?? Is the ape army back?? LONG SetupI really like AMC here.
Came back beautifully to the 88 retrace of a major harmonic structure.
RSI looks like its ready to go, too
Easy risk management possible
Italgas (IG.mi) bearish scenario:The technical figure Triangle can be found in the Italian company Italgas S.p.A. (IG.mi) at daily chart. Italgas S.p.A. is an Italian company specialised in the distribution of natural gas. It is listed on the Milan Stock Exchange and included in the FTSE MIB index. The Triangle has broken through the support line on 04/02/2022, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 15 days towards 5.482 EUR. Your stop loss order according to experts should be placed at 5.984 EUR if you decide to enter this position.
Italgas and Buzzi Unicem have signed an agreement for the development of a feasibility study on the implementation of Power to Gas plants in combination with Carbon Capture Systems at Buzzi Unicem's production plants. The implementation of these technologies is aimed at promoting the decarbonization of cement and concrete production processes in order to increase environmental sustainability and facilitate the energy transition.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
meme stocks showing pairity (HOOD, GME, AMC)the grouping of retail longs and its mothership, Robinhood are showing bullish divergence from oscillators and oversold conditions in rsi. the relative strenght based qqe signals strategy has put in nothing but shorts and faile long entries. the chances of the strategy continuing to make money short is low.
elliott wave sage of youtube has released a video detailing why this wave 5 leg down could lead to reversal. a cross above the VWMA 12, close, 9 in HOOD would be bullish for this group. if we fail the 1.618 and hold or fakeout bear the 0, or continue above 13.89 immediately, not breaking 12.39, a trip over 16 could be in the cards.
this stock is a great buy under $10, and shows there is attractive value around these internal and fundamental levels to do with proportions of debt to earnings with the credit they have and p/e compared to cash on hand.
ask yourself would robinhood buy itself at these prices. if the answer is yes then its a good time to invest. they are a brokerage like any other. they make money when people change their outlook. prices can go up or down, but they profit from volatility and uncertainty.
The cycle theory is not over 🚀Since the pandemic, AMC and other stocks have been heavily manipulated and we are feeding more and more to the kolaps. It's not financial advice just a technical analysis from my side
SAP SE (SAP.de) bearish scenario:The technical figure Descending Triangle can be found in the German company SAP SE (SAP.de) at daily chart. SAP SE is a German multinational software corporation, that develops enterprise software to manage business operations and customer relations. The company is especially known for its ERP software. SAP is the largest non-American software company by revenue, the world's third-largest publicly-traded software company by revenue, and the largest German company by market capitalisation. The Descending Triangle has broken through the support line on 28/01/2022, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 26 days towards 100.00 EUR. Your stop loss order according to experts should be placed at 125.32 EUR if you decide to enter this position.
SAP said on Thursday it has agreed to buy a majority stake in privately held U.S. fintech firm Taulia as the German business software group seeks to expand its presence in supply-chain financing and working capital management. SAP, said it was looking at opportunities in the ‘metaverse’ - virtual online worlds where people can work, play and socialize.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Azimut (AZM.mi) bearish scenario:The technical figure Triangle can be found in the Italian company Azimut Holding (AZM.mi) at daily chart. Azimut Holding is an Italian asset management company, based in Milan, Italy, with branches in Australia, Brazil, Chile, China, Egypt, Ireland, Luxembourg, Mexico, Monaco, Singapore, Switzerland, Taiwan, Turkey, United Arab Emirates and the United States. Traded on the Borsa Italiana, the company is specialized in investment management aimed at private and institutional clients. The Triangle has broken through the support line on 26/01/2022, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 44 days towards 21.500 EUR. Your stop loss order according to experts should be placed at 26.73 EUR if you decide to enter this position.
Italian asset manager Azimut Holding said its U.S. subsidiary had struck a deal to buy a minority stake in U.S. private credit investment manager Pathlight Capital. Under the deal, Azimut Alternative Capital Partners (ACCP) will buy a stake of around 20% in Pathlight and contribute “permanent capital to the business going forward”, the companies said in a joint statement, adding there would be no changes to Pathlight’s strategy or management as a result of the agreement.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Tesla Inc. (TSLA) bearish scenario:The technical figure Triangle can be found in the US company Tesla Inc. (TSLA) at daily chart. Tesla, Inc. is an American electric vehicle and clean energy company. Tesla designs and manufactures electric cars, battery energy storage from home to grid-scale, solar panels and solar roof tiles, and related products and services. The company had the most sales of battery electric vehicles and plug-in electric vehicles, capturing 16% of the plug-in market (which includes plug-in hybrids) and 23% of the battery-electric (purely electric) market. The Triangle has broken through the support line on 25/01/2022, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 29 days towards 800.00 USD. Your stop loss order according to experts should be placed at 1 208.00 USD if you decide to enter this position.
U.S auto safety regulators on Tuesday said they have sought additional information from Tesla Inc in its probe into 580,000 vehicles over the automaker's decision to allow games to be played by passengers on the front center touchscreen. U.S auto safety regulators on Tuesday said they have sought additional information from Tesla Inc in its probe into 580,000 vehicles over the automaker's decision to allow games to be played by passengers on the front center touchscreen.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Volkswagen (VOW3.de) bearish scenario:The technical figure Rising Wedge can be found in the German company Volkswagen AG (VOW3.de) at daily chart. Volkswagen AG, known internationally as the Volkswagen Group, is a German multinational automotive manufacturing corporation. It designs, manufactures, and distributes passenger and commercial vehicles, motorcycles, engines, and turbomachinery, and offers related services, including financing, leasing, and fleet management. The Rising Wedge has broken through the support line on 25/01/2022, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 12 days towards 164.62 EUR. Your stop loss order according to experts should be placed at 195.00 EUR if you decide to enter this position.
Volkswagen Group posted its lowest sales figures in 10 years in 2021 at 8.9 million deliveries, the carmaker said last Wednesday, and it said it expected supply chain conditions to remain volatile in the first half of this year. The Volkswagen brand saw an 8.1% drop in sales to just under 4.9 million units, with the biggest fall in China at 14.8%, although battery-electric vehicle sales in the country quadrupled.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Mastercard Inc. (MA) bearish scenario:The technical figure Triangle can be found in the US company Mastercard Inc. (MA) at daily chart. Mastercard Inc. is an American multinational financial services corporation. Throughout the world, its principal business is to process payments between the banks of merchants and the card-issuing banks or credit unions of the purchasers who use the "Mastercard" brand debit, credit and prepaid cards to make purchases. The Triangle has broken through the support line on 22/01/2022, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 12 days towards 327.08 USD. Your stop loss order according to experts should be placed at 377.68 USD if you decide to enter this position.
Britain's payments regulator on Tuesday last week fined five payments companies including Mastercard a total of 33 million pounds ($45.01 million) for cartel behavior involving prepaid cards issued to vulnerable people on welfare benefits. Mastercard received the largest fine of 31.56 million pounds ($43.04 million). The other companies fined were allpay, Advanced Payment Solution, Prepaid Financial Services, and Solution.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
GME Approaching Big Support!First of all, I probably will not trade this because it's GME, but I MIGHT...
Lots of confluence around the $105 area - two seperate macro .786 fibs levels, a monthly close, and the VAL of the whole range, plus $100 psychological level. I would normally look to trade a setup like this up to the POC and then the VAH. Stoploss tbd by structure - data doesn't exist yet.
NAKD: Trading the Range for 4:1 RRNAKD - Short Term - We look to Buy at 0.5220 (stop at 0.4286)
Trading within a Bullish Channel formation. Price action has stalled at good support levels and currently trades just above here (0.5000). Previous resistance located at 1.0000. Offers ample risk/reward to buy at the market. The bias is still for higher levels and we look for any dips to be limited.
Our profit targets will be 0.8972 and 0.9600
Resistance: 0.7500 / 1.0000 / 1.1000
Support: 0.5000 / 0.4500 / 0.3000
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.
Bayer AG (BAYN.de) bullish scenario:The technical figure Channel Down can be found in the German company Bayer AG (BAYN.de) at daily chart. Bayer AG is a German multinational pharmaceutical and life sciences company and one of the largest pharmaceutical companies in the world. Bayer's areas of business include pharmaceuticals; consumer healthcare products, agricultural chemicals, seeds, and biotechnology products. The company is a component of the Euro Stoxx 50 stock market index. The Channel Down has broken through the resistance line on 12/01/2021, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 49 days towards 54.270 EUR. Your stop loss order according to experts should be placed at 43.905 EUR if you decide to enter this position.
Bayer AG on Monday struck a partnership deal with Mammoth Biosciences to develop therapeutic tools based on CRISPR/CAS9 gene editing as the German drug maker seeks to widen its cell and gene therapy development efforts.
Unlisted U.S. biotech firm Mammoth will initially receive $40 million from Bayer plus potential milestone payments of more than $1 billion contingent on scientific and commercial achievements.
The initial focus of the collaboration will be liver-based diseases, the companies said in a joint statement on Monday.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
BYND - Did you forget about Beyond Meat?Potential triangle/inverse head and shoulders forming as well as weekly bullish divergence. These sort of stocks like to run while the market is choppy which i expect into March. Breakout above 80
Palantir long-term potenitalPalantir is in down trend right now
Green boxes - buy zones and potential starting point of a new wave of uptrend movement
