$LKQ with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $LKQ after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 75%.
Neutral
Neutral outlook on ETHERIUMBuy the dip is a familiar term which is often associated with crypto, we've seen price neatly bearish since April and we are currently at a very major level of support in the market, we are likely to see a range as of now.
IF Price breaks above or below structure, we can begin to see a clear way forward.
FOR NOW, it's best to wait
POSSIBLE BREAK BELOW STRUCTURE ON AAPLEAAPL has been on a downtrend for a couple of weeks now and we are likely to see a downward continuation if the 140 major support which was created in October last year is broken impulsively or correctively.
I will be looking to buy if it breaks above 147 which has served as a resistance as well as a support.
$LPLA with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $LPLA after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 33.33%.
$NOK with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $NOK after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 50%.
$PCG with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $PCG after a Positive Under over reaction following its earnings release placing the stock in drift A with an expected accuracy of 75%.
$RMD with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $RMD after a Negative over reaction following its earnings release placing the stock in drift C.
$SIRI with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $SIRI after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 72.73%.
$TROW with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $TROW after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 42.86%.
$TXT with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $TXT after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 60%.
$XEL with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $XEL after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 66.67%.
$ZEN with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $ZEN after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 100%.
Thoughts on GBPUSD (Bearish possibility)Although the market is consolidating, the market is moving on a price range and making a rectangle pattern. We just have to wait for the price to give us the entry whether is a sell or buy. I'm inclining to believe that gbpusd will go for a short position and mostly because we've been in a bearish market this past months, but we just have to wait for the price to tell us what it's going to go. Target would be the green lines depending what the market does in the future.
Do you have any other ideas? Let me know on the comments.
$NWG with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $NWG after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 88.89%.
$PSX with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $PSX after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 33.33%.
$SONY with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $SONY after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 25%.
$ICE with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $ICE after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 100%.
$PBR.A with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $PBR.A after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 77.78%.
$BKNG with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $BKNG after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 75%.
$REGN with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $REGN after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 73.33%.
GOLD REQUIRES PATIENCE TO TAKE ACTIONDear Trader,
I am actually very conservative when it comes to trading gold and each time I take my time to wait for price action, winning is always inevitable except for unexpected fundamentals changing the expected direction.
Right now, all I can see is that gold is still bullish on the daily and might be too early to assume a downward reversal on higher time frames above 4Hrs.
I see three possible scenarios indicated on my chart and would wait for any of the three to play out before taking any trade.
I will also advise traders to be very patient with the metal.
Happy trading
Thoughts on CADJPY (bearish flag)At this point there's a strong consolidation on the price. But if you see careful there's a flag pattern formed on that conoslidation that can mean a short position. If that happens, we'll wait for the zone where a bat pattern may be formed. Anyway, if we decided to trade, I recommend to reduce risk because of the consolidation. TP will be the green line and SL will be the red line.
Do you have any other ideas? Let me know on the comments.
