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Momentumstrategy

WATCH $QUREBullish Fundamental - High inflationary Macro environment / Market has no fear sentiment - Funds Accumulation - Positive PE - Decent PEG - Positive P/FCF - Strong Sector / Industry - Biotech seems to be breaking out Technical - Momentum Theory Indicator - bottomed and broke out neckline - Price action formation ( falling wedge ) - Broke out Trend line with volume - Price above 200MA - Price above POC - Broke ST - Engulfing candle follow through Entry idea - For members Stop loss depending on entry and risk appetite. But always set meaningful stops. "the prize is in the process" Cheers and happy trading!
NASDAQ:QURELong
by nexxtrade
WATCH MRNA Bullish Fundamental - High inflationary Macro environment / No fear sentiment - Funds Accumulation - Positive PE - PEG - Positive P/FCF - Strong Sector / Industry / Leader - Misc thoughts : looks like biotech is hot Technical - Momentum Theory Indicator - momentum bottomed and broke out - Price action formation ( falling wedge ) - Broke Trend line / neckline pressure - Under 200MA - Above POC - Under ST - Engulfing Candlestick Broke out followed through Entry idea - For members Stop loss depending on entry and risk appetite. But always set meaningful stops. " Giving up is hard. Pushing through the struggle is hard. Choose your hard " Cheers and happy trading!
NASDAQ:MRNA
by nexxtrade
Gold Momo is On!*** Not Financial Advice *** Gold has moved precipitously from our original entry point, and is giving a momentum entry area where we currently sit. Worst case scenario can be a breath back on a higher timeframe to 1780. But that would be a good thing as it will allow us to get in at a higher price to ride it down to 1600. The reaction we get at the next liquidity line will be very telling. Remember, everything sells off in a market crash, especially gold. *** Not Financial Advice ***
FX_IDC:XAUUSDShort
by AuracleatFungii
4
WATCH $DQ FIND SATISFACTION IN TRADING WELLBullish Fundamental - High inflationary Macro environment / No fear sentiment - Funds Accumulation - Positive PE - Positive PEG - Positive P/FCF - Top Sector / Industry / Leader - As per CCP direction on carbon neutral and global effort to have renewable energy theme Technical - Momentum Theory Indicator - broke out down trend and broke out neckline for new trend - Price action formation ( falling wedge ) - Broke out Trend line - Price above 200MA - Price above POC and above high volume node - Quantified criterion met - Momentum theory 02 bullish divergence - low pull back volume, break out surge volume Entry idea - For members Stop loss depending on entry and risk appetite. But always set meaningful stops. "A goal without a plan is just a wish. " Cheers and happy trading!
NYSE:DQLong
by nexxtrade
WATCH $VIRBullish Fundamental - High inflationary Macro environment / no fear sentiment - Funds Accumulation - Positive PE - Positive PEG - Positive P/FCF - Top Sector / Industry - Moderate floats - High short interest / 7 days + 58% - Impressive sales ? Technical - - Momentum Theory Indicator - N/A on the weekly - Price action formation ( falling wedge ) - Yet to break Trend line - Below 200MA - Above POC - Below ST Entry idea - For members Stop loss depending on entry and risk appetite. But always set meaningful stops. Consistency is what transforms average into excellence Cheers and happy trading!
NASDAQ:VIRLong
by nexxtrade
CRO longterm targets.hello everybody. CRO seems to be at the end of an ABC correction and compeleting C wave. according to the 100% wave A retracement and 261.8% wave B extention and these two levels overlaped. this level is a good support level. and momentum is in oversold area and pulledback to exit this condition. after end of correction we can see a yellow target level that i show on my chart. this level contains three important factor: 1-moving average 200 2-old valid trendline 3-50% fibo retracement level of ABC correction. . . . FUNDAMENTAL: CRO have good fundamental and good news these days. the most important news was partnership of crypto.com with qatar fifa worldcup. and in these 4 5 month we can see good grows in this lovely altcoin. . . . dont forget to manage your capital and risk. . . . if you take a trade you must set a good stoploss. (NOTE!!! this article is my own opinion and its not a trade advice. please tarde on your own opinion and use others opinion to improve your analyze.) . . . so i will do that.please support me and i wish use your experience and you can help me to improve my abilities. thank you all.have good days.
Long
by TraderAmin-KZ
2
WATCH $NVO BEARISH HINTS EVERYWHEREBearish Fundamental - Highly inflationary Macro environment / Q3 earning going to disappoint sentiment - Funds Distribution - Decent PE - Negative PEG - Decent P/FCF - Top Sector / Industry / Leader - Definitely niche sector but with highly inflationary environment and hints of bearish below technical Technical - - Momentum Theory Indicator - bearish divergence - Price action formation ( rising wedge ) - Price rotating clockwise - Still above upward Trend line - Still holding 200MA - Above POC - Holding ST - MACD divergence Entry idea - For members Stop loss depending on entry and risk appetite. But always set meaningful stops. "all things are difficult before they are easy" Cheers and happy trading!
NYSE:NVOShort
by nexxtrade
WATCH $WM DON'T LET IT GO TO WASTEBearish/Bullish Fundamental - High inflationary Macro environment / still no fear sentiment - Funds Distribution - Normal PE - Negative PEG - Decent P/FCF - High debt - Niche Sector / Industry / Leader Technical - - Momentum Theory Indicator - bearish divergence - Price action formation ( double tops ) - Broke down Trend line and did a retest / seems rejected - Rejected with POC - Rejected with 0.5 fibo level - Below 200MA - Good ST level Entry idea Attractive R:R - For members Stop loss depending on entry and risk appetite. But always set meaningful stops. "Don't be afraid of being different. Be afraid of being the same as everyone else" Cheers and happy trading!
NYSE:WMShort
by nexxtrade
WATCH $BABABullish Fundamental - Inflation Macro environment / fear sentiment - Funds Accumulation - Positive PE - Negative PEG ( seems leaning towards a value stock ) - Positive P/FCF - Weak Sector / Industry / not Leader - Very competitive online retail market Technical - Momentum Theory Indicator - break out downtrend / bottomed out - Price action formation ( falling wedge ) - Broke out downward trend line and retest - Price above POC - Price below major S/R level - Huge volume spike! - MACD divergence Entry idea - Entry idea was based on few confluences - Price above major S/R level - Price above fibo level - Price above 200 MA Stop loss set on previous low or POC level " STEPS BY STEPS, BASE CAMP TO BASE CAMP. I WILL SUMMIT" Cheers and happy trading!
NYSE:BABALong
by nexxtrade
WATCH $788 BORING IS GOODBullish Fundamental - Moderate inflationary Macro environment in the EAST / Most still like to chase WEST high don't fancy EAST undervalued sentiment - Funds Accumulation - Positive PE - Decent PEG - Positive P/FCF - Top 50% Sector / Industry / Leader - Boring sector but think 5G & 6G Technical - - Momentum Theory Indicator - momentum bottomed making inverse H&S action - Price action formation ( deformed falling wedge ) - Price action losing diving momentum, price action is rotating anti clock wise indicating a trend reversal - Trend line pending break out - Price above 200MA - Price under POC - Broke out S.T - MACD bullish divergence making a H&S formation Entry idea - Entry idea was based on few confluences - Rejection / retest of the trend line / neckline - Price below 200 MA Stop loss depending on entry and risk appetite. But always set meaningful stops. "I have two basic rules about winning in trading as well as in life: (1) If you don't bet, you can't win. (2) If you lose all your chips, you can't bet." Cheers and happy trading!
HKEX:788Long
by nexxtrade
WATCH $1211 SOMETHING IS AMISSSomething caught our attention on the weekly chart on $1211 BYD Company Limited on the HKEX. While the price is making higher high, we observed that the momentum is making a lower low forming a bearish momentum divergence. As you can see from the chart, each thrust momentum is diminishing forming a rising wedge which is a bearish price action. We foresee the momentum extinguish at the 3rd oscillation and eventually price will break down from the rising wedge into a bear cycle. Attractive R:R if you were to ask me. To achieve what others won't, you have to do what others don't“
HKEX:1211Short
by nexxtrade
REVIEW $3800Bullish Fundamental - Controlled inflationary Macro environment / boring sentiment in the East - Good theme - Carbon neutral / green - Funds Accumulation - Decent PE - Decent PEG - Decent P/FCF - Strong Sector / Industry / Leader - Great theme along with the CCP direction of carbon neutral Technical - - Momentum Theory Indicator - momentum consolidation / breakout - Price action formation ( Bull flag ) - Volume surged upon break out - Momentum broke out with volume surged and price broke out from flag pivot - Trend line - Price above 200MA - Price above POC as support Entry idea - Entry idea was based on few confluences - Price above POC - Price broke out pivot - Price broke out with volume surge and momentum break out Stop loss depending on entry and risk appetite. But always set meaningful stops. " Success is the sum of small efforts - repeated day in and day out. " Cheers and happy trading!
HKEX:3800Long
by nexxtrade
WATCH $ALBBearish Fundamental - Inflationary macro environment / fear sentiment - Funds Distribution - High PE - Decent PEG - Decent P/FCF - Strong Sector / Industry / Not Leader - Decent earnings - Decent fundamental Technical - Momentum Theory Indicator - H&S formation momentum - Price action formation ( rising wedge ) - Broke upward Trend line and retest previous high forming double tops - Price below 200MA - High volume node at peak - Potential cup and handle formation Entry idea - Entry idea was based on few confluences - Break of neckline and retest - Momentum broke neckline Stop loss depending on entry and risk appetite. But always set meaningful stops. "the distance between dreams and reality is called action" Cheers and happy trading!
NYSE:ALBShort
by nexxtrade
BTC is about to pump and here's why.In the 2 hour timeframe, we can observe BTC is very close to a support zone, and it also shows the volume is decreasing as well. This shows that sellers are getting uninterested, and will most likely switch sides. Also, this descending triangle's resistance line is dangerously close to breaking out, meaning in the near future, we can expect BTC to pump all the way to 20k. NOTE: This is not investment advice. sometimes it won’t work. Nobody has a crystal ball to predict the future. Sometimes it doesn’t work.
BITSTAMP:BTCUSDLong
by lorinstocksinvesting
1
WATCH $ZMBullish Fundamental - High inflationary macro environment / fear sentiment - Earnings don't looks favorable coming quarters - Funds Accumulation - Decent earnings - Decent PE - Decent PEG - Positive P/FCF - Weak Sector / Industry - Covid lock down theme ? Technical - Momentum Theory Indicator - Seems like bottomed and making a reversal trend momentum - Price action formation ( falling wedge ) - Yet to break downward Trend line - Price still below 200MA - Price above POC Entry idea - Entry idea was based on few confluences - Rejection / retest of the trend line - Price below 200 MA Stop loss depending on entry and risk appetite. But always set meaningful stops. ”I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times.” Cheers and happy trading!
NASDAQ:ZMLong
by nexxtrade
SOMETHING IS BROKEN IN THE INSURANCE SECTOR. WATCH $IAK $KIESomething is broken in the Insurance sector. Is there insurance for insurance? Trading is like Sherlock Holmes, sniffing for clues. And this is what we found! $IAK - volume surged since 21st May 2022 - POC level seen at the peak of the chart seems like smart money has been distributing at the top - bearish momentum divergence / momentum broke below neckline $KIE - like $IAK, seems like the smart money haven been distributing at the peak ( stage 3 ) - price rejected upward trendline - price retest neckline at the moment - bearish momentum divergence "the difference between good and great is attention to detail" Cheers and happy trading!
AMEX:KIEShort
by nexxtrade
JICPT| HSI Bullish pullback setup on the dailyHello everyone. It's been days to revisit of Hang Seng index. On the daily chart, we can clearly see that downtrend has been terminated with serious of higher highs and higher lows. As HSI has been down for almost 3 year, it is probably the worst performing stock index in the market. An economic recovery of mainland, as well as inspection completion of the tech giants may attract buyers come in. The valuation looks really attractive. In addition, mean reversion is another reason that I'm bullion on the index. Technically, index may revisit the uptrend line which is coincided with a nice demand zone. What do you think? Give me a like if you're with me.
TVC:HSILong
by JICPT
WATCH $ACLBearish Fundamental - High inflation macro environment / weak sentiment - Funds Distribution - Decent PE - Negative PEG - Decent P/FCF - Strong Industry - Supply and demand playing catch up ( over stocking ) Technical - Momentum Theory Indicator - bearish divergence on the daily - Price action formation ( rising wedge ) = diminishing bullish momentum - Double tops - Broke 2 years upward Trend line and rejected - Price below 200MA - Price above double top neckline / resting on major S/R Entry idea - Entry idea was based on few confluences - A rebound to retest the upward trend line or 0.5 fibo - A breakdown below the neckline and a retest Stop loss depending on entry and risk appetite. But always set meaningful stops. "if you cannot do great things, do small things in a great way" Cheers and happy trading!
NYSE:ACIShort
by nexxtrade
thenexxtrade MARKET REPORT JUN 2022CASH IS KING! CASH is currently the best hedge ( not Bitcoin, Cryptocurrency obviously ) against such brutal market that took out both long & short, depending on your time frame. VIX is very telling that it might break previous high now that it is onside with momentum is picking up. As VIX and the indexes are inversely related. The SPY, NASDAQ & DOW will be testing their previous low. Pretty sure retailers will attempt to bottom fish in the coming weeks. In the East, the Taiex who is closely related to the West suffered the same fate as Taiwan is heavily dependent on the Semiconductors industry. I believed the Supply & Demand are playing catch up now. Take a look at the $SMH. The Momentum Theory Indicator have warned us on the bearishness on the divergence! The only positive looking index will be the HSI. We will be watching the line closely and have pick up some names in our Watch list. They are fulfilled our quantitative filtering that are fundamentally healthy and undervalued companies! I have shorted the SPY/NASQ/DOW since early 2022 and have been increasing my cash allocation. If you have missed the. shorting opportunity. You will just do fine by increasing your cash position. If you are keen on any companies on the HSI, we will be happy to take a look for you! You may also wish to pick up our Watchlist to go along! Cheers and happy weekend to all traders!
SP:SPX
by nexxtrade
REVIEW $ELF STOPPED OUTHere is a review of my stopped out trade review on $ELF with a 1:3 risk to reward thesis. Bearish Fundamental - High PE - Negative PEG - Negative P/ FCF - One must note beauty and cosmetic related products are always top of the chart in the online business / Lazada / Shopee Technical - Price broke down 2 years upward trend line with a long wick rejected - Momentum theory indicator was seen under the water - Price further broke down forming a M top / channel Entry idea - Entry idea was based on few confluences - Rejection / retest of the trend line - Rejection on 0.5 fibo - Price below 200 MA Stop loss set on 0.786 fibo level which within 1% of my trading capital and got stopped out. Trading performance should always be based on how well you trade on the outcome of a single trade. Cheers and happy weekend to all traders!
NYSE:ELFShort
by nexxtrade
1
WATCH INDIA & XIAOMI $1810 Smartphone market in India - statistics & facts India will over take China and emerge as the largest population in the projected year 2100. Rising disposable income, cheaper internet, and the need to always stay connected are some of the factors that have led the Indian smartphone market to grow into one of the largest smartphone markets in the world. And with the entire nation glued to mobile phones ( like any other countries in the world ) It is undeniable that we cannot live without mobile devices. India will also emerge as one of the high growth economics moving forward. However, compared to other markets across the globe, India’s smartphone penetration rate is still relatively low. The demand for smartphones is likely to grow in the future as a considerable share of the population did not own a phone or were planning to switch from a feature phone to a smartphone. - 35% has no mobile phones & 45% owns mobile phones but not a smartphone. India has a huge potential uncovered market for mobile devices and home appliances for these 75% population whereby these two sectors will lead and grow as the fastest growing online products as the India develop. For your info, Xiaomi was one of the leading market shareholders in the Indian smartphone market. It sold phones under the brand names Mi, Redmi, and POCO. So technically, it should be on the number 1 spot. Not sure if you are aware, Xiaomi is undercutting the entire tech industry ( Mobile deceives & home appliances ) which covers the two sectors mentioned above that will lead and grow as the fastest online products Hope you enjoy my thesis and analysis on the fundamental. * not financial advice * my own analysis * pictures credit Statista Link to the technical as below. Cheers!
HKEX:1810Long
by nexxtrade