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Snapchat updateAfter disappointing IPO, Snapchat fell to $5, practically crossing to penny stocks territory. Investors kicked in to buy cheap stocks and the price rallied. That seems like the end of wave C and now the new wave count started up. Wave 3 seems like over, now waiting for the wave 4 to complete before buying in again to catch the 5th. After very good Q2 earnings and new users added, projections for Snapchat look much better and price is expected to rally further. Good Luck!
NYSE:SNAP
by Antonio_trader
Astom Martin updateAston Martin had a bad run from the start as the open price of 1915 plummeted to, currently, 460 area. Recent word from Merrill Lynch changed the forecast from 'buy' to 'hold' as Aston issued profit warnings and earnings forecasts were cut by 40%. This is where investors are waiting for the stock to become cheap enough to buy, but it seem like it could still go lower before the big institutions commit to the this stock. Potential short term trade on the long side as we retrace a little here. Good Luck!
LSE:AML
by Antonio_trader
Possible PDI ASX Long Position!!SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1 - 3 weeks Actions on - A – Activating Event Market will find support in zone @ Current Levels - .... and move to the 0.034 . In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market will move towards the first Target 1 level @ 0.034 ASX:PDI Trade Management Entered @ ..... Stop Loss @ ..... Target 1 @ 0.034 Target 2 @ .... Risk/Reward @ 1.5.1 Happy trading :) Follow your Trading plan, remain disciplined and keep learning !! Please Follow, Like,Comment & Follow This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
ASX:PDILong
by SMPTrader
1
Possible AO1 ASX Long Position!!SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1 - 3 weeks Actions on - A – Activating Event Market will find support in zone @ Current Levels - .... and move to the 0.02 . In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market will move towards the first Target 1 level @ 0.020 ASX:AO1 Trade Management Entered @ ..... Stop Loss @ ..... Target 1 @ 0.020 Target 2 @ .... Risk/Reward @ 1.5.1 Happy trading :) Follow your Trading plan, remain disciplined and keep learning !! Please Follow, Like,Comment & Follow This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
ALong
by SMPTrader
Possible MEB ASX Long Position!!SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1 - 3 weeks Actions on - A – Activating Event Market will find support in zone @ Current Levels - .... and move to the 0.040 . In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market will move towards the first Target 1 level @ 0.040 ASX:MEB Trade Management Entered @ ..... Stop Loss @ ..... Target 1 @ 0.040 Target 2 @ .... Risk/Reward @ 1.5.1 Happy trading :) Follow your Trading plan, remain disciplined and keep learning !! Please Follow, Like,Comment & Follow This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
MLong
by SMPTrader
1