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Oversold

Could this be the bottom ?Ashford hospitality trust invest directly into the hospitality industry, mainly through hotels which of course have been annihilated since the pandemic, and there are arguments that business travel will never return to pre pandemic levels which Ashford hospitality rely on. At the start of 2020 the SEC launched an investigation into the business due to transactions dating back to 2018 (this was resolved in Feb 2022 with no actions taken) so do not get me wrong this is a company that is well and truly down in the dumps and the chart reflects such a case. However from a technical perspective this is certainly worth a second look. Trading 99% down from ATH of $1000 and change whilst beginning to show strong signs of bullish divergence across an array of indicators. Relative strength index in over sold territory with bull divergence. MACD showing bullish divergence. Awesome oscillator has printed a new high whilst price has made a new low but tapping into resistance. Volume is also falling along with the price which is a good indicator that may signal a weak trend. Will follow up with analysis of the 1D timeframe Take care.
NYSE:AHTLong
by Chopstick_Charlie
EURUSD: Fundamentals Are Against The EURO! SHORT Move FavorableA tricky scenario regarding the EURUSD! Its too oversold however the fundamentals are still very much against the EURO here. A LONG move is being capped by multiple resistance and one of the nearest trendline capping its growth is visible on the main 4H chart. Therefore a SHORT move would be favorable shall the technical criteria meet, one of them being the daily candle to needs to close below 1.09100 support which would likely give way to further drop in price. Even if the above criteria is fulfilled, the price needs to retrace considerably before a SHORT trade could be executed and to achieve a 1:1 RR. Also note that if the price hits TP target first then retraces, the trade becomes invalid. Therefore a retrace needs to take place first. All the vital details are present on the main chart to observe. Cheers, I hope you find this insight helpful. Please LIKE & FOLLOW for more insights into other major currency pairs.
Short
by FX618Analysis
BABA - Oversold to overbought Everybody knew 77 was ridiculous level for this name to see when eCommerce was booming WW. But when the risk appears in the percentage terms in front of you...its hard to justify the buy. The core of how the titans of the investing world operate. Value is the most when retails is the most scared to touch anything. This applies to many chinese names. Not all of them will end up making money for the investors, but there are big names that should hold well over the next decade - BIDU, BABA, TECHY to name a few Despite how much the price has bounced, that can't be your reason to trade. Critical indicators are VMA, 30 EMA and ATR buy zone. If you really believe in the turnaround theory (volume suggests yes), any dip below 112 could be used to build a position. right up to 95 as the first stop loss.
NYSE:BABALong
by CheelooTrader
1
FTM - Purple War Zone!Hello everyone, if you like the idea, do not forget to support with a like and follow. FTM is overall bearish trading inside our brown channel . However, it is currently approaching the lower brown trendline. The highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support (1.0 - 1.2) and lower brown trendline. (acting as non-horizontal support) As per my trading style: I will be looking for bullish reversal setups on lower timeframes(like a double bottom pattern, trendline break, and so on...) Unless FTM breaks the blue zone downward aggressively with many big bearish candles. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
FLong
by TheSignalyst
17
EURCHF: Inverse H & S Complete! Price Likely To Climb Further.With the risk off markets that highly affected the EUR against the safehaven CHF a couple of weeks ago, the price plummeted near the parity! At the moment the price seems to be recovering slightly and likely looks to be headed over to the next psychological resistance found at 1.05000 area. The Swiss National Bank is likely handing a helping hand to the EUR here by intervening in the market. On the technical basis, the inverse head and shoulders formation was completed and the price is likely to test the neckline before heading higher. All the complete trade details can be found on the main chart. Cheers, I hope you find this insight helpful. Please LIKE & FOLLOW for more insights on other major currency pairs.
Long
by FX618Analysis
Falling Wedge- Bullish (Long) - UpdateRUN looking really nice here heading into earnings sitting right on its 9-Day EMA. Big Falling wedge on both the daily and weekly timeframes (See Attached Chart Below), Bollinger bands are starting to squeeze (Not Pictured) as buyer volume starts to pick up relative to seller volume. Slight bullish hidden divergence on the RSI on the daily timeframe & the weekly timeframe along with a bullish Gartley harmonic pattern formed on the weekly timeframe- Bullish and will be looking for a breakout from this falling wedge (broader market conditions permitting)- Just some support and resistance levels along with some RSI-based supply and demand zones to keep an eye on in the meantime (Previous Charts Attached Below) - Falling Wedge - Bollinger bands are starting to squeeze (Not Pictured) - Slight bullish hidden divergence on the RSI on the daily timeframe & the weekly timeframes - Bullish Gartley harmonic pattern formed on the weekly timeframe - RSI getting out of oversold territory as buyer volume starts to pick back up PT1- $23.87 PT2- $24.60 PT3- $25.54 PT4- $26.06 + --Weekly Timeframe-- --Previously Charted--
NASDAQ:RUNLong
by jacobosiason7
4
$WMS - OVERSOLD BEFORE EARNINGSWith remote work on the increase, people are upgrading their home furniture and living conditions more than ever before. A company like Williams-Sonoma will feel the benefit of this changing trend in living styles. Increased demand should allow furniture retailers to counter-act rising material costs by raising prices. Adding to this point, the housing market has remained strong. People need to buy furniture more than ever. WMS earnings are released Wednesday, March 16th after the bell. Quote from Pragya Pandey's Stock News article below: "WSM is an omnichannel specialty retailer of multiple products for the home. It also supplies cooking, dining, and entertaining products such as cookware, tools, electrics, cutlery, tabletop and bar, outdoor furniture, and a library of cookbooks under the Williams Sonoma brand, along with home furnishings and decorative accessories under the Williams Sonoma Home brand; and furniture, bedding, lighting, rugs, table essentials, and decorative accessories under the Pottery Barn brand. Last month, Pottery Barn Kids and Pottery Barn Teen, members of WSM, announced new collections with the famous resort wear brand Lilly Pulitzer. The ‘Lilly Pulitzer x Pottery Barn Kids’ and ‘Lilly Pulitzer x Pottery Barn Teen’ collections launched new product categories to the partnership, including décor, textiles, sleepwear, backpacks, and water bottles in Lilly Pulitzer’s signature prints. Jennifer Kellor, President, Pottery Barn Kids, and Pottery Barn Teen, stated that “Our collaboration with Lilly Pulitzer is the result of coming together as brands who value incredible design with exceptional quality,” Also, in January, WSM announced its collaboration with Black Artists + Designers Guild (BADG), a global organization committed to developing a more equitable and overall creative culture through the improvement of independent Black makers. The new collaboration between Pottery and Barn and BADG comprises products designed for entertaining, hosting, and gathering."
NYSE:WSMLong
by jaykenneyTRT
WHY INVESTORS IGNORE STRONG FUNDAMENTALGLS NSE Shares: Market Cap ₹ 5,428 Cr. Current Price ₹ 445 High / Low ₹ 800 / 376 Stock P/E 12.8 Book Value ₹ 161 Dividend Yield 2.42 % ROCE 96.9 % ROE 61.0 % Face Value ₹ 2.00 EPS ₹ 134 Industry PE 24.3 Debt ₹ 3.64 Cr. Debt to equity 0.00 Earning Power 26.5 % Promoter holding 82.8 % FII holding 8.32 % DII holding 0.47 % Pledged percentage 0.00 % High price all time ₹ 800 Low price all time ₹ 376 Market Cap to Sales 2.63 No. Eq. Shares 12.2 Public holding 8.36 % Earnings increasing yearly. Technically Indicators Oversold Forming daily chart triangle. Bullish above 465 1 day close SL: 425 Target 800 Risk is yours and Reward is too yours totally Time Frame : 1-3 Years
GLong
by Kuldeep_Share
LAC about to jump higher before the March stumble?Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on March 4, 2022 with a closing price of 24.973. If this instance is successful, that means the stock should rise to at least 25.11 which is the bottom of the larger green box. Three-quarters of all successful signals have the stock rise 3.579% from the signal closing price. This percentage is the bottom of the smaller green box. Half of all successful signals have the stock rise 8.399% which is the end point of the black dotted arrow. One-quarter of all successful signals have the stock rise 17.491% from the signal closing price which is the top of the smaller green box. The maximum rise on record would see a move to the top of the larger green box. These are the same concepts for the levels in the red boxes as well. The ends/vertical sides of the boxes are determined in a similar fashion. The peak of the rise can occur as soon as the next trading bar after signal close, while the max rise occurs within the limit of study at 50 trading bars after the signal. A 0.4% rise must occur over the next 50 trading bars in order to be considered a success. Three-quarters of successful movement occur after at least 6 trading bars; half occur within 21 trading bars, and one-quarter require at least 40 trading bars. The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement. As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play).
NYSE:LACLong
by StockSignaler
What is happening with the EUR (EUR/USD)Hello guys. We could see that the EUR has shown extremely high bearish pressure in the previous week. EUR bleeds. And this is not only the case with the USD (which is the main rival to the EUR) but with a basket of other currencies. Unfortunately, this is a consequence of the war that is happening in Europe, and according to various economic sources, the impact of the war on the European economy will be huge and all this is not in favor of the euro. Many economists do not rule out the possibility that the ECB will intervene in Forex to stabilize the currency, but this may or may not happen. However, from a technical point of view, I don't have much to say. I think we could only wait for one scenario, and that is that we will get a decent pullback, preferably up to 0.382 fib levels, and that would be a good opportunity to enter a short position. At the moment, the market is in theoversold area (daily chart, look at the RSI) and with that in mind, it is reasonable to expect a pullback. But when we have geopolitics in the center of attention, everything can be and nothing has to be. I would also like to note that many experts predict parity for EUR/USD and this seems reasonable to expect, especially when we look at the economic situation and the differences in the monetary policy of the ECB and the FED.
Short
by merjemascerija
BTC Short TermOn H4 chart BTC is bearish/oversold in the MACD, RSI and Stoch RSI. I expect BTC to consolidate or make a small correction to the FVG zone. This will open up possibility for fresh entries and both alts if we stabilize or correct here. BTC has now become a strong asset during the Ukraine/Russia crisis, BTC also looks stronger than fiat and jump in BTC price and ''MCAP of stable coins'' indicate that investors are buying these assets. 3 of the top 11 coins are stable coins (usdt, busd and usdc)
by sebastianjohansen
RSI AMPLIFIER// (v4) RSI AMPLIFIER ( MCDX-Oscillator + Renko-Filter ) ( BTC ) ( 1h,2h,3h,4h ) //Authors credit: //Smart Money based of / Indicator | MCDX //Renko Volume based of "Weiss Wave Volume" / "WWV" //The SmartMoney MCDX (MultiColor-Dragon) amplify rsi values to give confirmation of so called BANKER or SMART-MONEY against Retaillers. //The main issue to me was that the original "SmartMoney MCDX" give only half the potential information since it focus only on positive price action. //Therefore this version is a SMART-MONEY OSCILLATOR built to give entry/exit signals for shorts as well as long. //The Real-Momentum plot replaces HOT MONEY (area, darkgreen/darkred), react quickly to oversold/overbought and hit the max/min value at almost every bar. //The Over-Extended plot replaces BANKER MONEY (stepline, yellow/blue), need a stronger oversold/overbought value to move from the middle. //The Signal-Line plot (line, green/red, with filler), is halfway between the Real-Mommentum & Over-Extended trying to give a signal after the move start but before the biggest candles. // //The original RETAILLERS MONEY carries no information and as been erased. // //Renko-Filter reduce the noise by adding volume values to each new columns until the trend reversal. //How to use: // //The purpose and logic of this indicator is " Amplify to Simplify " // //Enter trade when the Signal-Line leave the middle. //Long when it go TOP GREEN / Short when it go BOTTOM RED //Exit trade when the Signal-Line return to middle or/while the Renko-Filter reverse. // //When you analyze the chart stay zoom out with max/min on the edges of the pan. Only the biggest Renko-series will be visible. //When trading, you may zoom in to see evolution in real time.(version built for minutes time-frames in progress) // //You can easily set a LONG TRADE alarm on the Signal-Line, choosing "Greater than 10" then "Less than 50000" //You can easily set a SHORT TRADE alarm on the Signal-Line, choosing "Less than -10" then "Greater than -50000" // //Be careful when Real-Momentum start being choppy or simply goes too much/too long in the opposite side of the trend. //If the Over-Extended plot follow the Signal-Line after you enter a trade, you're good but always exit before the Over-Extended return to mid. //Use the Renko-Filter to detect lauching Extended-Trend, to confirm Real-Momentum reversal, or to stay in a trade to the last candles. // INFO: //This version is built on purpose for BTC 1h/2h/3h/4h, differents assets, time-frames or exchanges may need change. //If you can't see the Over-Extended, Signal Line or Renko-Filter with a particular time-frame or asset, you can change the value of the rsi at "rsi := 500000" & "rsi := -500000". //Change by a value > to that of the candles (last value in status line). //Zoom in on the indicator to see the Renko-Filter but idealy you want to see the max/min value of the 3 plot of the indicator(default = 50000). // // Overlay: //You can display this indicator directly on your Chart and set No scale (fullscreen), to use it like as a RSI Baseline. //If so, i made specifics version doing it by default (overlay,BTC)(overlay,largeCAP). //@version=4
by LOKEN94
BTC to 29K !!!!Hi everyone! Daily 4H 1H As previously said on my previous post mentioned that BTC had a chance to test 45K. But unfortunately the current circumstances across all markets are NOT looking good all this as been referred to the current situation with Russia and Ukraine. But NOT everything is bad as good outcomes come from Red markets: We can accumulate Long term potential coins with solid projects. Forget meme coins and focus on solid structured projects, much suggestion is to stay away from Scalping unless you know what you are doing. I mentioned that "If failing to hold above this level and( a) daily candle closes below $40.8K (White broken line)Would mean that the Price Channel is broken BTC cloud drop to $35k or even lower." My $34.5k New trend line in blue has touched for the second time and is playing a key support If failing to hold we can see it going down to $29K. ALWAYS look for extra confirmation before making any trade. Happy trading people (No financial advice) DISCLAIMER The trading ideas, analysis, and comments above should not be considered financial advice or recommendation to trade or invest in any financial product. Your personal situation has not been taken into consideration in the trade ideas. This page is for general educational purposes only. Do not buy or sell any product discusses on this page before doing your own research DYOR. Always do your own analysis and research and be aware of the risks involved in trading any financial product :)
Short
by CryptoTraderRetired
2
Bitcoin: Building support at 43,600 necessary for attacking 45kWith simplicity on the chart, it looks a lot like Bitcoin is building a necessary support at ~43,600 which is necessary for the major attack to finally conquer ~45,000 If the past 2 weeks we haven't seen much clarity on the charts, unsure were all of this is going, we now finally start to get a sense of the general direction. It is most likely we have already seen the bottom. Most of us can agree that we are massively oversold, and it is more likely we will go up than more down. 45,000 is the nemesis. Conquering this price level is most probably the final milestone before entering ~50,000
Long
by UnknownUnicorn35305092
1
MULTIPLE TIMEFRAME ANALYSISHaving Received countless of Approach on How I look at the Market to gain the Right Directional Bias, here I laid it out bear for your digestion. I will like to say thank you for reading all my previous post and do not hesitate to comment or ask question. TOP DOWN ANALYSIS APPROACH This makes it easier to know which Direction you want to plan your trade in alignment to the HIGHER TIME FRAME. I hope this will help your ongoing trader development and takes out those confusion when it comes to organising your bias,when to trade and when to be patient and when to start looking for opportunities on lower timeframe to then reduce your risk and keep you focus. I will start from the Monthly Chart on ONEUSD a cryptocurrency called HARMONY that I believe will 10X it’s current price as we progress in Blockchain takeover MONTHLY CHART Monthly TimeFrame Blue 12EMA A Support that act like a trendline WEEKLY CHART Same like Monthly 12EMA But here Orange 36EMA on Weekly:A Retracement level to consider adding new Position in the Direction of the HTF We saw a slowing week on the last red That leads to the last week bounce DAILY CHART 36EMA rejection Bounce on DAILY Cautious area to take profit Look for Rejection Look to BUY Cheaper on OTF 8 HOURLY CHART 36EMA on 8HR with a Candlestick or PRICE ACTION to look for the Discounted LONGS and 2 good Confluences Candlesticks HAMMER Price Action + 36EMA bounce In Between the 200EMA 633EMA is a VOLATILITY GAP This is where I observably expect price to bounce Couple times in betweenbefore we can make a directional headway. A VOLATILE REGION You can identify in any market as price proceeds. So this gives you a readiness awareness of what to expect and for how long. 8HOURS represent a whole trading SESSION 6HOUR CHART Higher High 200EMA Selloff on 6hr Corresponds the36EMA on DAILY BULLISH ENGULFING on 6hr 36EMA after a potential longer term 8hr (All Asian Session) Price Bounce And maintaining of Higher Low Price Structure 4HOUR CHART Short Term Break of Structure (BOS) on 4hr Chart is a good caution to let us know that price won't just rise so easily higher 2 HOUR CHART For Price to Change Direction We have seen 1st 2hrs of hitting 200EMA rejection Another 2hours of Price Slowing without making a new low follow by 2hrs of another Price Slowing after a Preceding Downward Selloff Spiral A clear indication of good 6hrs of consolidation That eventually break out higher.Now we have a good reason to look for BUY OPPS on Smaller TF The lower timeframe analysis will follow on hourly to minute charts.
BINANCE:ONEUSDLong
by LukmanBalogun
2
NZD/USD OVERSOLD - potential reversal zoneHello Traders Here is a new BUY Scenario, nzd is quite oversold but usd is still strong i expect a retracement or reversal around this area 65.700 - 65.800 In this area there is a strong support, but another analysis will come later if necessary ✅ NZD/USD BUY @0.65700 - 0.65800 TP1 @0.65900 TP2 @0.66100 TP3 @0.66300 SL @0.65000 JamdeJam will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including
Long
by UnknownUnicorn20731539