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Stochasticoversold

$INTC | Allocation | Market Exec |Technical Confluences: - Price action is close to the 78% Fibo Extension and is at a strong Demand Zone - Stochastics is in Oversold conditions from Daily, Weekly and Monthly Fundamental Confluences: - Currently, Intel is trading at tangible book value ( thevalue you will get if the company gets liquidated) - At such value, chances of a takeover might be there which means, potential premium to be paid on takeover news? - After weak Q2 earnings, does it mean anything if the CEO starts buying the stock himself? ________________________________ With deep discount in NASDAQ:INTC 's value, another no-brainer and minimal risk. Intel is not going to liquidate. Will be expecting a turnaround and definitely a Long-Term hold in my portfolio. Remember, DYOR. ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. DYOR.
NASDAQ:INTCLong
by weekendanalyst
CSPRUSDT | MT Long H4 | Casper NetworkPair: HTX:CSPRUSDT Timeframe: H4 - Medium Term (MT) Direction: Long Technical Confluences for Trade: - Stochastics are in Oversold Conditions on H4 time-frame - Price action is close to bottom of a Parallel Channel - Price is entering a Demand Zone (Yellow area @ Current rice) - Aiming for the next two Supply Zones (TP 1 @ Blue Horizontal Line & TP 2 just before Supply Zone) Fundamental Confluences for Trade: - Nothing much to talk about Crpyto fundamentals, too many tokens to look at and just look at it as a trading pair with liquidity Suggested Trade: Entry @ Area of Interest 0.02700 - 0.03230 SL @ 0.0246 TP 1 @ 0.0389 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 0.0453 Risk-to-Reward @ Approx. 2.51 (Depending on Entry Level) ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. Any websites / brokers / applications suggested here are also provided as informational purpose only. ________________________________
Long
by weekendanalyst
NIO - The EV plays are legit! A Lesson in ChartingEntry here looks to be in the channel of $53.69 and $54.54 Retest the 34 EMA and run north, notice the prior marked bubbles, hit the 34 and run -*Buy the dip on an uptrending stock*- Yes, lots of marked lines, etc. But learn something here, and profits will come eventually... Once this hits the 34 EMA and/or our price target channel 53.69/54.54 VOLUME MUST BE THERE, BULL VOLUME obviously... 34 EMA is purple trend line *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.
NYSE:NIOLong
by mrmaximo74
DLTBTC | Support Confluence | Low Volume | .618 Fibonacci Todays Analysis – DLTBTC – Trading within a range as price retraces to test daily support Points to consider: - Support confluence - Declining Volume - RSI below 50 - Stochastics Oversold DLTBTC needs to hold daily support upon retest as it confluences with the .618 Fibonacci resistance to substantiate the thesis of a long trade to structural resistance. Volume has tapered off and below average. As price tests daily support, bull volume influx will be a key indicator supporting the bullish bias adding validity to the price action. RSI has broken below 50 and is likely to decline further as price retraces to support, allowing for ample space for incline before reaching oversold conditions. Stochastics reaching oversold condition and may remain oversold for some time. However, this also indicates stored momentum to the upside as the market shifts. Overall, in my opinion, price needs to respect and hold daily support with evident volume follow through to validate a long trade to structural resistance with risk defined below support. What are your thoughts? If you’ve read this far - thank you for following my work! And as always, Focus on you, and the money will too!
DLong
by Kudiiee
1
USDJPY - RSI & Stochastic Oversold! - and other confirmationsHi Traders! The market is in a strong Downtrend. As you can see the market also reached the Support. The momentum of the price decreased too. The market is at the moment in a descending wedge. The Trading Idea is simple: Just wait for the Break of the Upper Trendline. We have these confirmations now: RSI is oversold Stochastic is oversold Market at daily Support Decrease of Volume after High Price Action The faster the market reaches to a S&R Level, the deeper it bounces back (in usual situations). We recommend to trade the Breakout with a wide SL. Thanks and successful Trading :)!
Long
by swissmoneymakers
STEPPING STONE STOCHASTIC STRATEGYStep #1: Identify a strong trading market that has a clear bullish trend The first step is to identify a strong trading market that has a clear bullish trend. Our team at Trading Strategy Guides has discovered that you can benefit more by using the stochastic indicator to trade pullbacks rather than trying to pick a falling knife or to jump in front of a train. Consequently, you want to find a strong trading market' Step #2: The Stochastic indicator needs to develop a double bottom pattern. The second bottom has to be higher than the first bottom. It’s critical to make the difference between the double bottom price pattern and the fact that we’re looking at the stochastic indicator to develop a double bottom. The other condition is that we need the second stochastic swing low to be higher than the first bottom. Step #3: Both stochastic swing lows need to be in oversold territory below the 20 level A stochastic reading below the 20 level suggests that the market is oversold and there is a high chance of reversal. Many times a market can remain in oversold or overbought territory longer than you can remain solvent which is the reason why we have put in place the other trading rules so we can avoid this situation. Step #4: Look for divergence to develop between the stochastic indicator and the market price Before we go any further than this, we need to clarify one thing. The way people trade divergence is by using a variety of momentum based indicators and measure or compare when the momentum indicator and the price diverge. In other words, when the price makes a lower low but the momentum indicator fail to make a lower low and instead makes a higher low then we have a situation where we have divergence. So, what type of divergence we want to see? In plain English, we look for the price not to drop that much compared with the stochastic indicator. Notice how the stochastic indicator is falling very fast into oversold territory, but the EUR/USD exchange rate is dropping at a much slower pace. Note* the stronger the divergence between the stochastic indicator and the price the better the buy signal can be. Step #5: How to trade stair strategy: Buy after the second bottom develops a stochastic crossover The trigger for our entry is quite simple. Once the second bottom produces a stochastic crossover, we jump straight into the market and start buying so we won’t miss a great entry opportunity. In this scenario, our entry is as close as possible to the end point of the retracement. Step #6: Place the protective stop loss below the last swing low. Take Profit when the slow stochastic moving average enters in overbought territory above 80 levels. Place your protective stop loss 10 pips below the last swing low. We’re adding a buffer of 10 pips to protect ourselves in case of any false breakouts. Usually, our stop will be very close to our entry price which is the reason why this swing trading strategy is such a great entry technique to keep your losses small. You really can use any type of exit strategy as you wish Where to take profit is also quite intuitive using the stair step chart pattern. Once the stochastic slow moving averages enter overbought territory or when it touches the 80 level, we want to cash out. Alternatively, if you’re going to try to stay longer in the trend you can try our 10-day breakout strategy. Note** the above was an example of a BUY trade using the stepping stones strategy. Use the same rules for a SELL trade – but in reverse. PM me if you want to read the complete strategy.
BITFINEX:ETHUSDLong
by Tradingstrategyguides