Possible Ascending Triangle FormingPossible ascending triangle forming on PYPL and currently sitting right on its 100-day EMA at the moment. Keeping an eye on PYPL here for a long-term entry. RSI is in the oversold range on almost every timeframe and has a big gap to fill on the upside after selling off after earnings. Will be looking for a breakout (broader market conditions permitting) Bullish - just some support and resistance levels to keep an eye on as well as some RSI based supply and demand zones
Oversold
FUTU Greatly OversoldFUTU is resting at its historical support and is also showing signs of bouncing off of this place allowing for major gains to be had. Our Bullish Signs are the %R oversold oscillator about to create a crossover buy signal and the squeeze displaying a reduction in selling momentum.
Bullish Signs
-Oversold, on oscillator
-Squeeze indicator
-historical support
Price Targets
-1st 121
-2nd 133
-3rd 142
-4th 153
-5th 164
Hope you enjoyed and remember to invest safely :)
Amazon Bullish ConsolidationAmazon has been consolidating for a great period of time indicating that a big move may occur. Using the 4hour time frame, we can preemptively dictate that we may see a move towards the upside. Selling momentum has been reducing while the VPCI has had a buy signal as seen by the crossover. Not only have we seen a buy indication from the VPCI on the 4h but also the 1day time frame. Greater confirmation for this play would be to watch the daily time frame for reducing momentum. I think a target to 3560 is great since that is the monthly resistance but it is best to only sell when given a sell signal.
Bullish Signals
-Squeeze indicator
-VPCI crossover(4h and 1day)
-Oversold Willy oscillator
Price Target
-3,560
Natural Gas Inverse ETF Looking Bullish In RangeNatural Gas is looking bearish with a potential bearish ABCD:
There for in an attempt to play this bearish move down i will be looking into trading this inverted ETF.
This ETF seems to be trading near the bottom of a long term trading range that has never been broken in it's 10 years history while showing MACD Bullish Divergence and being Oversold on the RSI so i see this as the perfect place to buy.
Perfect Entry on HTHI wanted to see how HTH reacted when faced with its Fibonacci Support and from the looks of it, it showed it has room for bullishness. The squeeze indicator indicated a decline in selling momentum with an additional oversold indication given by the Oscillator. I would swing this stock all the way up to 35-37.
Bullish Signals
-Fibonacci Support Bounce
-Oversold via oscillator
-Squeeze
Price Targets
-1st 35
-2nd 37
Bullish Squeeze for TTETTE has retraced to one of its Fibonacci supports and have bounced off of it pretty significantly. Not only is it holding support, but there is greater indication of a greater bullish move. The %R indicates that a oversold condition was not too long ago with the addition of selling momentum reducing greatly, given by the Squeeze indicator. My price targets are 47, 50 then 57 if it gains a substantial amount of bullish momentum. For a significant sell signal, let the squeeze play out until there is a reduction in momentum.
Bullish Signals
-%R oscillator
-Squeeze indicator
-Fibonacci Support
Price Targets
-1st 47
-2nd 50
-3rd 57
Great Entry for Citigroup Great Up-move to be expected. A squeeze is about to occur on the daily while also holding its support. Another indication towards bullish sentiment is the Stochs Bullish Divergence. Not only does the daily suggest an up-move, but the weekly indicates an oversold condition. Price targets are 73 then 80.
Bullish Signals
-Squeeze
-Stoch Divergence
-Fib Support
-Weekly oversold
Price Targets
-1st 73
-2nd 80
Buy Usdchf! 68 pip winI’m hoping to see a retest of this trendline but if not then there will be no entry. I have been watching this pair and saw it would go up but without all of my confluences met I saw no entry. If this retests the white trendline and produces a doji candle we are in. We already know this will go up we just need a higher low for confirmation which is my last confluence for this pair. I will update when I get in if I do. I’m feeling very bullish.
Make sure to do your own due diligence and use proper risk management.
Chinese tech stocks in the process of capitulationIt has been a rough year here for Chinese stocks but after this recent weeks acceleration lower it feels like we're entering at least some type of short-term capitulation washout.
Volume acceleration
Extension outside multiple time frame Bollinger Bands
Speed of sell off
Definitely a fierce counter-trend trade for more experienced traders that can manage risk and position size appropriately but I'd pay attention to it in this 42 to 46 zone for a reaction.
CLOV TA- SHORT TERM AND LONG TERM TECHNICALS- DAILY CHARTTHE DAILY CHART IS WHERE I AM MORE EXCITIED ON THIS PAY.
- MFI IS CLEARLY OVERSOLD- AT A GREAT SPOT WHERE PRICE IS FINDING REAL SUPPORT AND THE 50 MA ABOUT TO CROSS THE 200 MA
- THIS SHOULD BE ENOUGH TO PUSH THE STOCK UP OUT OF OVERSOLD, THE 50 OVER THE 200 DAY MA AND REALLY SOLDIFY THIS UPTREND THATS SLOWLY STARTING.
- PRICE ACTION IS ACTING VERY SIMILAR TO WHAT WE SEEN IN MARCH WHERE WE HAD A DOUBLE BOTTOM ON THE DAILY, WHICH STARTED A SPIKE FROM THE $7.60 RANGE TO THE $10.50-$11.80 RANGE.
- PRICE THEN FELL OFF, AND CONSOLDIATED RIGHT BEFORE THE SQUEEZE HAPPENED.
- HOPING TO SEE THE SAME THING PLAY OUT WHERE PRICE IS TESTING SUPPORT ONE LAST TIME BEFORE PUSHNG UP AND SEEING THE GOLDEN CROSS APPEAR.
CLOV TA- SHORT TERM AND LONG TERM TECHNICALS LOOKING GOODTHE ONE OR FIVE MINUTE CHART SHOWS THIS FALLING WEDGE PATTERN ALOT BETTER, BUT TRADING VIEW ONLY ALLOWS POSTS OF 15 MIN TIMEFRAME OR LONGER.
- THE MFI HAS DOUBLE BOTTOMED, TRIPLE SINCE JULY 22.
- HOLDING $8.00 RANGE WELL
- MFI IS OVERSOLD
- DESPITE ALL THIS SELLING THE LAST TWO DAYS, THE START OF THIS POSSIBLE UPTREND IS STILL IN PLAY
Falling Wedge- BullishChinese stocks have been getting beat down for quite a while now ever since the last-minute blocking of the Ant Group IPO. A lot of negative investor sentiment around stocks such as BABA BIDU Tencent etc. fearing more regulation from the Chinese government. However, that being said, in my opinion- they are some of the only stocks in the market that are fairly, if not undervalued. Something that is quite hard to come by in a market that has thrown fundamentals out the window a long time ago. Will be watching BABA closely in the coming weeks, big falling wedge on its yearly chart in addition to nearing the oversold range on the RSI- will be looking for potential entries for some credit spreads and/or IC's as BABA has the tendency to trade sideways. Regardless, am bullish long-term. Just some FIB levels and RSI-based supply and demand zones to keep an eye on as well.
AI Long 🟢 // Triple Bullish Divergence // TP: 1890KEY POINTS:
We detected Triple Bullish Divergence on RSI
Price is oversold
Price sits on RSI support
Price Action hit Machine Learning channel support
Our botnet detected whales closing their shorts
Target Price: 1890 (at least)
Side: Long
Pair: ETHUSDT
Leverage: x20
Stop Loss: 1500
Mask Network - Be Greedy Whilst Others Are Fearful Mask network is one of the newest coins to hit Coinbase. (showing KuCoin chart due to longer price history)
Highly speculative play anticipating a reversal or short rally.
Price has collapsed 96% which is very lucrative in my opinion.
This coin has a rather high inflation rate but low total supply so with demand it should not be an issue. Something to watch for.
My conservative target would be a test of the upper Bollinger Band around $21.
Potential for massive returns in a relatively short timeframe.
As I said, HIGHLY speculative but worth the risk for me.
Not Financial Advice.
Falling WedgeWill be keeping an eye on PDD in the upcoming weeks as its forming a massive falling wedge (bullish) and also is nearing the oversold range on the RSI.
- Just some support and resistance levels to keep an eye on as well as some RSI based supply and demand zones
- Looking for a breakout from this wedge (Broader market conditions permitting)
Looking to pick up sharesCHPT has been selling off after their offering but still has held its long-term uptrend line. Looking to pick up shares but patiently waiting at the moment for it to find some support. Just some FIB levels to keep an eye on-
- Nearing the oversold range and has been selling off since they announced a public offering
- Broader markets pulling back
- Good long-term entries
Could do something interesting! 🧐Ok, AMC has many advanced breakouts, but the price is not confirming anything. Many stocks could do something good, but few are actually doing something interesting.
AMC must break the 37.39 to trigger a good buy, aiming the 49.79, but I don’t think it is worth the risk.
AMC is very oversold, but nothing here tells me it’ll go up again, not right now at least. We must check the 37.39 next week, and if it does a bullish candlestick in the 4h chart would be good too.
For now, let’s wait.
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See you soon,
Melissa.
CEI so oversoldThis stock has to push up again, no doupt. It is oversold on the bigger time frame and at the bottom rioght now.
Only question is when!
Based on Fibonacci I set the targets like in the chart labeled.