Apple breakout! Will it break all time high?This is the first time I publish stocks analysis, after seeing I do really well in this market. That said, I'd like to share my idea with you.
- Apple is showing the beginning of a really good uptrend after breaking the resistance.
- It's the same situation we experienced some days ago. Scroll the chart to the left and see the fractal following the orange arrow.
- The target is around $139, but if it's able to break all time high, it could go up to around $173. I'll explain that later the reason.
Shares
AAL Retracement into Long?AAL broke out nicely from the previous resistance (now support) level on a long bullish run. Price has retraced and formed a descending triangle.
Lots of confluence to support a long here. With a TP a the previous high, just pre-gap. My entry at this stage would give me a 72% gain at a Risk to Reward of 7 to 1.
A trade with this R:R ratio means that you could have 6 losing trades in a row, and still make money. These are the kinds of quality trades you should be taking.
I'll be posting more trade ideas week on week. Follow me for more.
AMZN Long (obviously)Price contracting nicely, respecting my levels so far. I bought in slightly early, but with a stop-loss tucked under the wedge nicely.
I believe that with the national lockdowns more people will shop online, thus Amazon will pop to the upside. This ties in with Amazons continued growth, and respects the previous trend and chart pattern.
All confluences to confirm my belief.
The first target would be the top of the wedge $3500 - which is also a nice psychological level and a 5:1 risk reward ratio.
I will be holding this position for a long time however, several years. Managing my SL accordingly
Dunelm Group Plc....UK Share To Keep an EYE On. At Supply Level
2 October 2020
Bearish Outlook.
Dunelm Group Plc.
UK Share To Keep an EYE On.
Dunelm Limited is a British home furnishings retailer.
Weekly Price is
Over Extended
and is @ a Strong
Supply Level.
If ???? Close above the
Current high of 1563
Price could go much HIGHER
LSE:DNLM
EURCHF H4 - Long SetupEURCHF H4 - Still holding onto support here. Lets see where this H4 closes seeing as we are so close to support and also not too long to wait. Quite a nice structure here, horizonal support zone held for many weeks now. High R setup. which is why we have been following so profusely, just haven't had the execution opportunity yet.
APPLE INC : BEARISH CYPHER PATTERN - POTENTIAL R/R 1.5% 🔔Welcome back Traders, Investors and Community!
Analysis of #APPLE INC
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Strategy: Bearish cypher With Volume studio, potential Max R/R 1.5%
A clear chart is Always the best business card for a trader.
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The information contained herein is not intended to be a source of advice or credit analysis
Regards,
Walter
Potential LONG Position EGRSMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
SMP Strategy
Market Direction: Long Position
Chart time frame - Daily
Timeframe - 1-7 days
A – Activating Event
Market will meet support in zone @ current levels - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 0.210
C - Fundamentals that may affect the pair
N/A
D - Trade Management
Entered @ .....
Stop Loss @ .....
Trailing Stop Loss@.....
Target 1 @ 0.210
Target 2 @ ....
Risk/Reward @ 1.2.5
Happy trading :)
Follow your Trading plan, Remain disciplined and Keep learning !!
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
UBER updatePrice started to converge in an ascending triangle pattern. The pressure seems to be building to break to the upside. Need a solid break through resistance to target higher levels. While markets are a bit wobbly due top earnings season, a break higher is a good signal to buy more.
Please support the idea and share your thoughts on UBER!
Good LUck and Stay Healthy!
YOU CAN'T MISS THIS.. SPAQ is in the most important position ever, also with 200D moving average at 11.60, support level at 11.60 and RSI30 near (oversold) + we see from Webull analysis that the total profited shares proportion is only 0.75% everyone has lost money with average cost 15.46, so I see a very good opportunity to earn som money. My target is $17.
Fisker now expect to formalize its merger with Spartan Energy (SPAQ) on the 28th of October.
Time to go long on Eurasia Mining Company PLC.Now is a great opportunity to enter a long position into EURASIA MINING COMPANY PLC (EUA).
I have been in this company since January at 3p per share with an average share price of 18p per share.
I see nothing now but a green light to really ramp up on my long positions.
The company is currently under negotiations in a possible buy out with suspicions of a bid per share of 75p being declined. The deal is suspected to be in the final stages.
Level 2 data suggests that the current price action and volume is ahead of a possible news announcement or leak with over 1,689,984 shares exchanged in the last hour of trading.