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Momentumtheoryindicator

WATCH $OLLIBullish Fundamental - High inflationary Macro environment / no fear sentiment - Funds Accumulation/Distribution - Decent PE - Negative PEG - Decent P/FCF - Top Sector / Industry / Leader - 5/5 rules Technical - Momentum Theory Indicator - bottomed - Price action formation ( falling wedge ) - Broke Trend line - Above 200MA - Above POC - ST ok Entry idea - For members Stop loss depending on entry and risk appetite. But always set meaningful stops. "The best time to plant a tree was 20 years ago. The second best time is now." Cheers and happy trading!
NASDAQ:OLLILong
by nexxtrade
WATCH $OSHBullish Fundamental - High inflationary Macro environment / no fear sentiment - Funds Accumulation/Distribution - Decent PE - Decent PEG - Decent P/FCF - Top Sector / Industry / Leader - Rules / Rules / Rules Technical - Momentum Theory Indicator - Bullish breakout - Price action formation ( falling wedge / double bottoms ) - Broke Trend line / rejected - Above 200MA - Above POC - Pending ST - Bullish Candlestick pattern / formation Entry idea - For members Stop loss depending on entry and risk appetite. But always set meaningful stops. "When opportunity doesn't knock, build a door." Cheers and happy trading!
O
by nexxtrade
WATCH $CANBullish Fundamental - High inflationary Macro environment / no fear sentiment - Funds Accumulation/Distribution - Decent PE - Decent PEG - Decent P/FCF - Top Sector / Industry / Leader Technical - Momentum Theory Indicator - Bottomed - Price action formation ( falling wedge ) - Broke Trend line - Below 200MA - Below POC - ST not ok - Bullish Candlestick pattern / formation 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!
NASDAQ:CANLong
by nexxtrade
WATCH $819Bullish Fundamental - High inflationary Macro environment / no fear sentiment - Funds Accumulation - Decent PE - Decent PEG - Decent P/FCF - Top Sector / Industry / Leader Technical - Momentum Theory Indicator - Momentum bottomed - Price action formation ( falling wedge ) - Broke Trend line and bottomed - Above 200MA - Above POC - ST ok - Bullish Candlestick pattern / formation Entry idea - For members Stop loss depending on entry and risk appetite. But always set meaningful stops. "Price is what you pay value is what you get" Cheers and happy trading!
HKEX:819Long
by nexxtrade
WATCH $YETIBullish Fundamental - High inflationary Macro environment / no fear sentiment - Decent Accumulation/Distribution - Decent PE - Decent PEG - Negative P/FCF - Decent Sector / Industry / Leader Technical - Momentum Theory Indicator - bottomed / waiting for breakout - Price action formation ( falling channel ) - Break Trend line - Below 200MA - POC support - ST not ok - No bullish Candlestick pattern / formation Entry idea - For members Stop loss depending on entry and risk appetite. But always set meaningful stops. "“When you really believe that trading is simply a probability game, concepts like right or wrong or win or lose no longer have the same significance.” Cheers and happy trading!
NYSE:YETILong
by nexxtrade
WATCH $ETSYBullish Fundamental - High inflationary Macro environment / no fear sentiment - Funds not Accumulation - Decent PE - Positive PEG - Decent P/FCF - Bottom Sector / Industry / Leader - Stock price attractive but seems like business model might not be attractive for the coming inflationary environment but again, it might help for small businesses to cope! Technical - Momentum Theory Indicator - waiting for momentum to bottom out - Very attractive R/R long term uptrend - Price action formation ( falling wedge ) - Broke Trend line - Below 200MA - Supported by POC - ST not ok - No bullish Candlestick pattern / formation yet Entry idea - For members Stop loss depending on entry and risk appetite. But always set meaningful stops. "Why be mediocre when excellence is an option" Cheers and happy trading!
NASDAQ:ETSYLong
by nexxtrade
WATCH $QRVOBearish/Bullish Fundamental - High inflationary Macro environment / no fear sentiment - Funds not accumulation - Positive PE - Positive PEG - Positive P/FCF - Bad Sector / Industry / Leader - Long term uptrend with good R/R however demand in Semi-con might be lacking / over supply Technical - Momentum Theory Indicator - waiting to bottomed - Price action formation ( falling channel ) - Yet to break Trend line - Price 200MA - Price above POC - ST not ok - No Bullish Candlestick pattern / formation Entry idea - For members Stop loss depending on entry and risk appetite. But always set meaningful stops. "Discipline is rarely enjoyable but almost always profitable." Cheers and happy trading!
NASDAQ:QRVO
by nexxtrade
WATCH $PLTR. BEGING TO LOOK INTERESTING AGAINBullish Fundamental - High inflationary Macro environment / no fear sentiment - Decent Accumulation - Decent PE - Decent PEG - Negative P/FCF - Weak Sector / Industry / Leader - Monopolized Technical - Momentum Theory Indicator - NA - Price action formation ( falling wedge ) - Pending breaking Trend line - Below 200MA - Below POC / needs to see POC shift to lower sector - ST not ok Entry idea - For members Stop loss depending on entry and risk appetite. But always set meaningful stops. "Discipline is rarely enjoyable but almost always profitable" Cheers and happy trading!
NYSE:PLTRLong
by nexxtrade
WATCH $PROFBullish Fundamental - High inflationary Macro environment / no fear sentiment - Funds Accumulation - Decent PE - Decent PEG - Decent P/FCF - Strong Sector / Industry / Leader - Prostate cancer is the #4 cancer in the world Technical - Momentum Theory Indicator - waiting for momentum to break out - Momentum divergence on the MTI 02 - Price action formation ( dowtrend channel ) - Broke Trend line / retest needs to hold - Below 200MA - Below POC - Pending ST - No bullish Candlestick PROF / SPY Entry idea - For members Stop loss depending on entry and risk appetite. But always set meaningful stops. Get comfortable being uncomfortable Cheers and happy trading!
NASDAQ:PROFLong
by nexxtrade
WATCH $INCY CUP AND HANDLEBullish Fundamental - High inflationary Macro environment / still no fear form retail sentiment - Decent Accumulation/Distribution - Decent PE - Decent PEG - Decent P/FCF - Top Sector / Industry - Fundamental sound company with a Cup and handle play / short term Technical - Momentum Theory Indicator - momentum broke out downtrend - Price action formation ( down channel ) - Broke Trend line and rejected - Above 200MA - Above POC - ST ok - Bullish Candlestick pattern follow through Entry idea - For members Stop loss depending on entry and risk appetite. But always set meaningful stops. "You miss 100 of all the shots you don't take" Cheers and happy trading!
NASDAQ:INCYLong
by nexxtrade
WATCH $INMD Bullish Fundamental - High inflationary Macro environment / no fear sentiment - Funds Accumulation - Positive PE - Positive PEG - Positive P/FCF - Top Sector / Industry - Niche market thoughts Technical - Momentum Theory Indicator - breaking out neckline - Price action formation ( falling wedge ) - Broke Trend line - Doing double bottom under major S/R level - Below 200MA - Supported by POC - ST pending - Bullish candles - Volume surged Entry idea - For members Stop loss depending on entry and risk appetite. But always set meaningful stops. “Every experience is a positive experience if I view it as an opportunity for growth and self-mastery.” Cheers and happy trading!
NASDAQ:INMDLong
by nexxtrade
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
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
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
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