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Relativestrength

VCP formation for $NIUNASDAQ:NIU has good footprint forming a VCP in the last 13 weeks while above the 200 day moving average. Is not the best type because I like to see this with price also above the 20 and 50 day moving average, but still is worth to look at. Is very possible that a good rally is on the way. Also, the stock has a 92 rating for the IBD Relative Strength; one of the things a really want to see in a stock no matter what. A good thing to add is that NASDAQ:NIU is in the top 10 with best WTD Alpha in the list Motor Vehicles & Passenger in Barchart. The fundamentals aren't that great if you only look at the last quarter, but annually has a solid revenue growth.
NASDAQ:NIULong
by dpuleo19
Bitcoin BTC and Bitcoin Cash BCH still consolidating. What next?Here is a simple chart showing how both BTC and BCH are consolidating after a large move down. While experience tells us that one move down is usually followed by another, we should not expect it. BTC is currently more bearish on the daily and 4-hr charts. While BCH is in an uptrend its price more than doubled in April. Price could pullback more, but the hourly chart is leaning bullish; there will be mixed signals until consolidation breaks. Study RSI - on both charts, RSI broke 33.33, which usually means that it will stall between 60-66 and make another move down. As you look at other charts (stock or crypto) you will note that 34-40 is a bull support zone in uptrends. RSI rarely breaks 33.33, so it is a strong bearish sign when it does. BTC price is already moving lower with RSI below 50 and 20sma rounding down; however it is still consolidating. BCH has a flat 20sma is also in a narrowing range, and RSI has not yet tested the 50. These levels, 33.33 and 66.66 were proposed by J. Hayden and only use them on 14-day RSI (not 7-day). They are very useful on a 30m chart for day and swing trading; I find on smaller timeframes, especially with volatile stocks/crypto, the levels are not useful.
COINBASE:BCHUSD
by OptionsRising
Five Below $FIVE going for the leadership?I've been tracking this one for about two weeks and today it looks like is going for the breakout. It may not occur today but I think it will happen soon enough. That could be my entry point, depending on the buying volume. I like this stock because is coming from a good uptrend, it held really well during the market correction, and the past 3 quarters had better than expected earnings. Also has a nice uptrend on revenue growth; just +80% from last quarter, and its price is above its moving averages (10, 20, 50 and 200 day MAs). Adding to all that, IBD ranked #2 in its industry and has a IBD Relative Strength Rating of 83. This are all good signs. I wanted to see its relative strength with its sector; looking at the quotient FIVE/XRT, and it may be approaching the time for NASDAQ:FIVE to lead. Still, I won't get in early, lets wait for the breakout.
NASDAQ:FIVELong
by dpuleo19
RCL BreakoutRCL is looking strong as travel and reopening trades are back in play here. We're looking for a break out of this resistance, which we already saw last week. A green candle close above this level would indicate a move back up to the highs - PT 95.5, resistance at 92 a d gap fill from 93-94, ultimately targetting low 100s before May. SL set below 87.8, a key support level. 3.5:1 Reward to Risk Ratio play on a 1-2 month swing! If you're signed up for premium, we called this one out Friday!
NYSE:RCLLong
by Samirp01
Stocks To Watch (Relative Strength Edition)The Market is pulling back and might be trying to put in a bottom, this week I expect the market to by choppy. This is the Relative Strength Edition of Stocks to Watch. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 29 total stocks on this list. I add an additional 4 stocks that are on my potential short squeeze watch list. Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
NASDAQ:QQQLong
by Jtacher51
2
BLNK - Strong Uptrend and Retracement Reversal (Etoro Portfolio)The price has three times reversed from MA20 (orange) after cross above MA50 (blue), it had formed a pin bar at MA20. Energy sector and high IBD's Relative Strength rating = 99 and industrial group rank = 1/197 ===================================================================================================================== I will be popular investor in Etoro, take a look of my portfolio and copy me to start the trading journey. My Etoro Profile: www.etoro.com Etoro Registeration Link: etoro.tw
NASDAQ:BLNK
by ginlin84
$ADA consolidation after a big move, give it time0.41 key resistance for ADA (1st touch rejection) 30+ month base cup. Needs time to consolidate after the big move recently. High relative strength of Cardano compared to other crypto blue chips. Ideally would like to see ADA consolidating between 0.30 and 0.4 for a while before a big move March 2021 is the expected Goguen release date "When the smart contracts are live, large-scale decentralized finance (DeFi) protocols and other decentralized applications would be able to launch on top of Cardano—giving it further utility and value"
BINANCE:ADAUSDLong
by ashainp
JSE Where are we at?Starting 2021 we find that the recovery from the Covid lows is still in progress. After a pullback and low formed in October 2020 we are seeing another push higher. Resources are again showing the most strength with a nearly 40% rise. However, financials are also recovering well at this stage but industrials are lagging. Over the holiday period, we have seen a push higher on lower volume but now we are finding a shoring of the stride. Watch for the next pullback in 2021 for the next opportunities.
JSE:J200
by SteynTrade