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Resistancebroken

WMS finally broke... but can it hold?I last discussed this July 1st, 2021. I mentioned how I thought this would come back and retest the $114 area. Since then it's given multiple buying opportunities around $114 and now it has finally broken out. Question now is, can it hold? WMS has broken out of the resistance zone of $117.90 with relatively more volume but I still think it's not enough. Trade idea: * WMS may come back to retest the $117.90 area and consolidate there for a bit before moving higher. * Look for buying opportunities around the $117.90 area. Notes: * In general WMS has been performing really well and is in a general up trend. * With a payout ratio of 13.70% WMS makes sure it has more than enough capital for further growth and increase its dividends over time. This is a GREAT long term buy and hold for your portfolio!
NYSE:WMSLong
by HaseebKhan_90
STOR making higher moves to challenge all-time-highs!STOR has been on a rampage since the March 2020 crash. It has been breaking one pivot point after another. The 2016 highs ($31.44) were broken and served as support in 2019 and support again in Feb 2020. The price broke above again in November 2020 and $31.44 has served as support since. Now the price is challenging $36.40 which served as support for 5 months before the 2020 crash. The price did break above $36.40 and if the price makes a weekly close above $36.40 we may be looking at a run at the all-time-highs of $40.78. A run at the all-time-highs wont happen over night. It may take weeks or even months to get there but until then we'll ride the wave. Trade idea: * Wait for a weekly or monthly close above 36.40 as a confirmation. OR * Wait for the break but also wait for a retest as a show of confirmation that the price wants to go higher
SLong
by HaseebKhan_90
AAP breaking out but can it hold?* Making new all-time-highs * Expected to better in the coming year * Beta of over 1 * Not much volume following the break or even before the break * Has been consolidating since 2015 and recently broke out again from $201.24 * Good long term hold as it pays out dividends * This did break the recent all-time-highs of $210.18 but not with a lot of volume * It broke the previous all-time-highs of $201.24 but couldn't hold Final thoughts: Look for buying opportunities around the $205.60 OR Wait and see how the price reacts to breaking $210.18
NYSE:AAPLong
by HaseebKhan_90
SYNH Broke out of after months of consolidationIt's been months since SYNH has been consolidating and it finally broke out today. Tonnes of buying pressure came in early June that proved $80.30 as a solid support level. Since then SYNH has been heading up. Looking at the weekly or even monthly charts you can see that the company's been doing really well with the stock showing a clear up trend. With the stock making a new all-time-high and the company expected to well in the coming year, it's clear that the stock should continue to move higher. Technicals * Stock made a double bottom * Confirmed the double bottom as it broke and closed above $89.95 * Measured objective for this pattern would be around $99.61 Final thoughts * Breakout wasn't with a lot of volume so be on a look out for a retest of the broken level * Look for buying opportunities around the breakout point between $88.90 and $90
SLong
by HaseebKhan_90
COST broke out of a long term resistance. Can it hold?It's been a few days since COST broke out of the long term resistance of $389.58 that was forming since November 2020. The question now is, can it hold? Two reasons why I think it can. 1. It consolidated after a move higher and made a new 52 week high 2. Its expected to do well in the coming year. Now, looking at its past performance I think COST will come back to retest the $387.60 to $389.58 range before moving higher. The main reason why I think this is because the breakout didn't have a large amount of volume kicking it higher; and because the follow through also doesn't have a lot of volume. Final thought: COST did break and I think it'll continue to move higher but not before retesting the broken resistance. This is one to keep an eye on for sure.
NASDAQ:COSTLong
by HaseebKhan_90
BAT-USDT(Consolidation Breakout)Basic Attention Token, or BAT token powers a blockchain-based Brave Browser. Users can watch privacy-preserving adverts and receive BAT rewards in return. On the other hand, advertisers can deliver targeted ads to cut down losses due to ad fraud and abuse. On the Daily Time Frame, BAT has been trading in a range for the past 7 days and a similar pattern can be witnessed in the second week of March, breakout from the range pumped the price by ~70%. Key Points to watch out for- The support to the lower side is present at ~$1.35 while it seems determined to travel to the level of ~$2 .
Long
by TradeDog-Research
BATUSDT is testing the 4h resistance 🦐the price is testing the 4h resistance, after bounced on daily trendline. IF the price will have a breakout and flip the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
26
BNBUSDT 4H breaking through a strong resistance regionTechnical analysis regarding the price of BINANCE COIN in relation of dollar Tether for the next scenarios, based on 4 hour movement. disclaimer *** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. *** Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
Long
by luizhcruz
Targets optimistically designed in BTCUSD 4H - I believe!!!Technical analysis regarding the price of BITCOIN in relation of dollar for the next scenarios, based on 4h movement. The price I have been walking effecting its downward corrections. The price found a strong support region at 29K697, touched and is already retracting. Projecting the Chypher correction, we obtain the level of 1,188 that the price made. In such a way, the price is gaining momentum (high) and may increase the most considerable resistance that we have in 41K939 (the price breaking the EMA of 89 periods will make it more feasible for the price to continue to rise. disclaimer *** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
BITSTAMP:BTCUSDLong
by luizhcruz
ONEUSDT is trying to have a breakout 🦐ONEUSDT is trying to have a breakout from daily resistance. IF the price will have a breakout and turn the current daily resistance into new daily support, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
6