FANS is ready for the next reboundAfter the strong performance based on great news in February 21 there was an overreaction by investors that were selling afterwards.
The result was a pull-back to around 1.35 CAD $.
Also based on Stoch RSI indicator the stock is oversold at the moment and seems to be ready for a turnaround.
Today's news regarding the application for U.K. Gambling Licenses is very promising.
It seems to be realistic to me that FANS will be able to climb up to 2.50-3.00 CAD $ by the end of March.
Oversold
PTON 3day oversold target for longThere are a hand full of prior high flyer names I will be charting, that look like 3day oversold conditions are solid targets for scaling into long positions.
Indicator to calculate relative price level for == 30rsi , is RSI LEVELS
Thanks.
NIO 3day oversold target for longThere are a hand full of prior high flyer names I will be charting, that look like 3day oversold conditions are solid targets for scaling into long positions.
Indicator to calculate relative price level for == 30rsi , is RSI LEVELS
Thanks.
TSLA 3day oversold target for longThere are a hand full of prior high flyer names I will be charting, that look like 3day oversold conditions are solid targets for scaling into long positions.
Indicator to calculate relative price level for == 30rsi , is RSI LEVELS
Thanks.
I Spy Double Bottom, Oversold ConditionRead the chart.
Not investing advice
Trade at ur own risk, GLTA!
$UAVS - If I liked it in the 6's...UAVS is way oversold IMO. I have bought in and sold UAVS for profits a few times now. The first time I bought in was in the low 6's. If I liked it at 6...waiting for funds to settle, I may add a full position to UAVS again tomorrow. I am already holding a (losing) 1/4 position on it now. But I think it's time to go all in again. Will see tomorrow.
AUD-USD Close To Support! Buy!
Hello,Traders!
AUD-USD fell sharply from the recent heights
And even broke the nearest support area
But now, the pair is clearly oversold locally
And the nearest horizontal support is near
Therefore, I will wait till the pair reaches this support
And then I will buy it from support
Buy!
Like, comment and subscribe to boost your trading!
See other ideas below too!
$TRCH Bearish still in playBearish pattern still in play on the daily
Please click a like if you like what you see on our chart
Apple IdeaWhen looking at the 1 week chart we can see more clearly that this recent pullback in price was preceded by a bearish divergence between price action and RSI. We have now entered oversold territory and I think there's a good chance that price will bounce at support however if support is broken we could see an even further pull back to the $100-$110 region.
Gamestop at reversal pointEvery 3rd time RSI got below 30 we saw a good bounce
Fib line 0.50 fits bounce too up to 0.75
in the meantime while holding it pays 0.38 USD per share every 3 months
this is not a trading advice - just for my review
Good boarding price before report, thanks to big brother.I find it a buggy thing that the market also sold the NIO because of the TSLA, but the co-movement of the sector has resulted in a good entry.
I think for a number of reasons that, a serious rise in the exchange rate is expected, e.g. the consumer power of the Chinese market, expansion, etc.
Good luck to everyone. (:
BNGO Potential long position around 12.00 supportBNGO broke below the 12.00 support today. Two possible scenarios now, the price further tanks but I would not expect it to dip below 10. I am personally expecting a bounce back after today's dip as:
Not much volume to justify downtrend strength
Stochastic shows oversold signal at support
RSI shows oversold signal at support
No strong downtrend indicator overall
But please keep in mind that the price already went up +2000% in the past 3 months, and that the pharma market took a little hit today.
Trade well!
$CRSR Long if channel is not broken.$CRSR has strong fundamentals, also nice TA setup to make a reverse movement somewhere next week and head to the top of the channel.
1st PT: $44-45
2nd PT: $48-49
My drawings are not perfect, you can adjust accordingly, but the overall pattern is clear as of right now.
Do your own DD, not a financial advice.
BAH LONG SETUP SIGNIFICANT PULL BACK AFTER REVENUES MISSED , UP UNTIL THAT WAS DISCLOSED THE STOCK WAS CLIMBING INSIDE OF A ASCENDING CHANNEL MAKING HIGHER LOWS AND HIGHER HIGHS WITH A FRESH ATH PRINTED .
CURRENTLY WE ARE SITTING AT THE BOTTOM OF THE CHANNEL AND FOR THE MEANTIME HOLDING , THE STOCK IS OVERSOLD AND PRESENTS A GREAT OPPERTUNITY TO FILL LONGS WITH A TIGHT STOP .
MCOABack in this super risky penny stock, nice volume today, 187million and oversold conditions have my spidey senses tingling
LONG EUR/GBP.LONG EUR/GBP, ***IF there is a clear rejection around the current level, wich is around a monthly key level. Also, the market is over extended (seen on the RSI), wich indicates a possible retracement. IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
SEC vs XRP Sparks Will Fly A title with two meanings.
Sparks will fly when the SEC makes their move with at least some knowledge of the lawsuit on Feb 22. Maybe a resolution but I'm certainly not holding my breath. The sparks will come from price exploding in reaction to whatever is learned. The outcome could be bearish or bullish.
The second meaning refers to the literal Spark tokens that will soon begin "flying" to thousands of wallets all around the world.
Short term volatility is guaranteed.
My long term outlook is this... you can answer the questions for yourself...
XRP = Bankers Coin
Bankers run the world. (they really do its not my opinion, look deeper if you have doubts)
CBDC's (central bank digital currencies) are coming.
Fiat needs a fix, quantitative easing loosing its ability to dictate fiscal policy.
Digital money will only increase in popularity, there will be winners and losers.
Betting against it would be like writing off the internet in 1998.
What is all this noise of real time payments? They are suddenly a frequent talking point.
Beyond a talking point there are actual major issues with the outdated financial infrastructure. (on a global scale mind you)
Who is out front and center stage in attempts to solve that issue through blockchain technology?
Have they just begun their work or been at it for years?
What is their proximity to global government bodies that are calling for a new Bretton Woods Agreement?
XRP coiling up for one of the greatest bitch slaps the doubters of humanity have ever seen.
When you are born and live in a world order guided by direction and long term planning.
Don't bet against the house.
Not. Financial. Advice.
GBPJPY Day : SELL price is in the suppyzone GBPJPY Day : SELL pinbar day candle formed. The price is in the suppyzone at 144.3, it has a chance to come down to the support at the demane zone at 140.1 .rsi oversold and the price has come close to the uptrend line.
traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
AXSM Sideways consolidations. Oversold. Looking for a bounce off long time support of $65
Back up to $88 within 56 days (end of March)
Short term hold.
Stop loss under $64.90 etc. according to your risk tolerance.
VBLT RETEST THE 34 EMA??Possible 34 EMA bounce, entry $2.33 with volume and Stochastic reversal
- *Buy the dip* on an uptrending stock-
Here we have an interesting stock that IS looking to retest the 34 EMA. If that happens, and it runs north, this should bode well for a nice bullish move! Knowledge says to buy the dip on an uptrending stock; consolidation is our friend, and a 34 EMA retest is our confirmation of the move. Bull volume is key; volume is the support needed to uphold price movement.
Price here could get squeezed between the 8 EMA and the 34 EMA, so it may take a little more time to pop the movement.
Another key point to make is the Stochastic is in an oversold condition, almost to the bottom of the range, indicating it's discount time for Vascular Biogenics.
*Let's see what happens*
DISCLAIMER - I am not a professional trader. These are merely my thoughts and possible moves; i enjoy watching these stocks validate my process or slap me across the face lol. If you are in need of professional assistance with your trades, don't look here. I am not that guy.
How To Successfully Trade The RSI IndicatorWelcome Traders!
In today's trading episode, you will learn how the RSI indicator works, and how to spot divergence. Divergence is a great indication to tell you if a trend might be reversing.
Take time to practice what you learned in today's video.
Until next time, have fun, and trade confident :)
