Necklace Pattern Series - "IZMO"Is this stock creating a Necklace Pattern?
A Necklace is when stock goes down 90% & reaches back to its old lifetime High... Just check this on M,W & D TFs with your own setup! Somethings is definitely cooking there!
Stocksanalysis
2X $AAPL MEETS TREND LINE, TP 2 HIT 10%$AAPL has been on a run since JUNE '22, but it was time for a reversal to set in after rejecting the trendline in this bearish market we had to catch this move to the downside! TP2 HIT! Almost 12% Move with $19.35 price change. We are playing the pullbacks and moved down to @ TP3!
S&P500 probability short for 39808th August daily key reversal bar made a new high closed towards the low. 9th August daily insurance bar dictation for weakness ahead. 4080-75 preliminary support area price may consolidate here to build energy for falling downside. 4150 supply zone if price moves upside to the supply zone may add more risk for short. target 3980.
Roblox stock price and forecast 2022The stock has been dumped since last January 2022, losing almost 85% of its value. Per supply and demand stock analysis, we expect Roblox’s stock price to reach the supply imbalance of around $103 per share, where we should realise profits if we purchase shares of the stock. There is a medium-term bias with a lot of margin for profit on Roblox stock, with a potential rise of more than 100% in the following months. The supply and demand stock technical analysis attached does not say that Roblox will rally to the strong imbalance overhead without first pulling back. Stocks do not move in straight lines; be patient!
CEI Stock major shift in the price we testing our resistant at $1, if break and hold we will see a massive buying pressure to test a midway resistant around the 1.46$, if we clear it we will see a test for the squeeze area above the 2$, we have to hold our triangle to confirm this bullish movement .
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MDB - breakout Strong last 3 days with a push above key pivot level of 345 with 8% gain yesterday - currently testing trendline resistance but expecting move higher here towards 390 area - following that would like to see some consolidation before next leg up above 400 and 463 next
$GGB Technical Analysis Best Case Scenario
Hold $5.27 support
then 👉aim for $5.50+
Worst Case Scenario
Re-test bottom trendline $5.15
then 👉look for bounce to $5.30+
If this does not hold, expect sub $5
UJJIVAN SMALL FINANCE BANK Positional long 1 to 2 yearsUJJIVAN SMALL FINANCE BANK Positional long 1 to 2 years
Buy above 21 or buy on Dips best Buying/Accumulation Zone 18 to 22
Stop Loss below 16
Currently Its available at Covid Crash level and compared to similar Small Finance Banks under valued.
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
CIGNA (CI) Stock A Lot Of Buy Signals!Cigna (CI),D1: Support line + Bollinger bands + Harami + Oversold + Divergence + Sell off
DIS SHORT/SELL TO 135.45 THEN LONG/BUY BY END OF 2021TICKER CODE: DIS
Company Name: WALT DISNEY COMPANY
Industry: CONSUMER SERVICES. CABLE/SATELLITE TV
Position Proposed: SHORT/SELL TO LONG/BUY (NOT READY FOR BUY)
1ST BUY Entry: 135.45 (END OF 2021-EARLY 2022)
2ND BUY ENTRY: 128.80
1st Partial Take Profit: 222.50 (EXPECT EARLY 2023-MID 2023)
2nd Partial Take Profit: 277.00 (END 2024)
Stop Loss: 117.00
Technical Analysis
1. Head & Shoulders forming the second shoulder as we speak therefore,
BUY entry should be plausible by END of 2021
2. Fibonacci Retracement and Expansion Coincide with H&S Price Range.
3. Flagpole and Falling Wedge formation coincides with take profit levels mentioned.
4. Many confluence levels happening around BUY entry levels!
-TRADERPROSIGNALS.
VIRGIN GALACTIC HOLDINGS (SPCE) IS IN STRONG BULLISH FORMATIONVirgin Galactic Holdings Inc (SPCE) is in strong bullish formation after completed the third spaceflight and the first-ever spaceflight from Spaceport America, New Mexico, launched on May 22, 2021. The share price rose by more than 140% in less than a month after it hit the strong support level of 14$ per share. The Unity vehicle (the carrier plane), with pilots Dave Mackay, powered to a height of 89km (55 miles) and then glided back down to Earth. The company has more than 600 paying customers – including movie and music stars waiting to take the same flight. But they will get their chance if US Federal Aviation Administration fully licenses the spaceship. The company had problems with interference issue, which aborted a previous flight in December. Following the worse than expected financial results in February, Sir Richard Branson (the founder) and four entities sold 5,584,000 shares of Virgin Galactic between April 12 and 14. The share price drop to 14$ per share – Covid-19 pandemic levels, which pandemic inflicted damage on the whole travel business. But during the last month, the stock's performance is more than reasonable, and the strength of the upward movement shows no sign of weakening.
After the rebound from the intense psychological level at 14$ per share, the price breakthrough 23.6 and 38.2 Fibo resistance levels, and yesterday closed at 50.0 Fibo level and very close to 35$ per share. If impulse upward movent will continue and breakthrough 50.0 Fibo level, it is possible to test 61.8 and looking for the high from February this year. In another way, the price may test back again 38.2 level and confirm it once again as a support level already.
Check the status of Apple
Apple is in a bullish channel with a slight slope, and that could be a good omen
After hitting the bottom of the channel, we see that it is growing to touch the channel ceiling, but there is a downtrend line in the heart of the uptrend channel and a relatively good support can be seen. If Apple can not break the downtrend line with successive efforts, Support and then touch the bottom of the channel, but if Apple can break the downtrend line again by trying again, the possibility of touching the channel ceiling will really increase. We have to wait for the downtrend line to be broken or not.
Wait for Tesla to climbDescription :
Tesla has experienced a 15% drop after hitting its resistance and is close to an uptrend line, which we believe is likely to grow after hitting its uptrend line to its downtrend line, which is considered a dynamic resistance, and is witnessing an effort. We fail and then it is expected that in the next attempt, it will break the downtrend line and grow to its important resistance.
CymaBay Therapeutics $CBAY - investment idea 💡 ❌ - The volume is low on daily but increasing on 4h
✅ - We got double bottom on daily
✅ - We got Bullish engulfing action few days back on the lower channel at $5.64
✅ - MACD
✅ - STOCH
✅ - DeMarker
❌ - MA50 (13% under 50MA)
✅ - MA200 (6% above 200MA)
❌ - Pivots: (7% under the pivot point)
✅ - Ratings (7) buy
⏰ - Breakout 1: $6, Breakout 2: $6.40
🚀 - Potential targets (🚀+45%, 🚀🚀+81%, 🚀🚀🚀+107%)
🪂 - If things goes wrong better to exit under 5.62
🚦 - Next entries in case if dropped: $5.12, $4.20
⚠️ - This idea is based on my technical analysis only. Do your research and trade on your own risk!
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Is CBAY A Good Stock To Buy Now?
finance.yahoo.com
CymaBay Therapeutics Is In A Good Position To Deliver On Growth Plans
finance.yahoo.com
Stock to watch: Emera Inc (EMA)TSX:EMA
An interesting stock for a swing trade: Buy/Sell Zones puts the price in the green zone + we may see a compression towards 0 Fibonacci. Analyst expectations for this assets are quite low yet historically this led to an increase in price.
Short-term Long targets are 0 Fib: 57.17 and previous high: 60.94.
Long-term target is 1 Fibonacci.
Invalidation: going below 52.66 - 52.00 (previous low) and anchoring there.
Disclaimer: This article should not be considered as financial or investment advice. Trading digital assets involve risk and may resolve in the loss of your capital. Always be sure to understand the amount of risk involved and do your research before taking any trading/investment steps.
Stock to watch: LCNB Corp (LCNB)NASDAQ:LCNB
May be an interesting stock: a short-term trade may evolve into long-term.
The Buy/Sell Zones indicator currently puts the asset in the green zone.
Short-term targets are 0 Fib and 0,236 Fib.
Long-term: may be held until approaching to an all-time high in the horizon of 6 months.
Invalidation: breaking below October's low.
Disclaimer: This article should not be considered as financial or investment advice. Trading digital assets involve risk and may resolve in the loss of your capital. Always be sure to understand the amount of risk involved and do your research before taking any trading/investment steps.
Stock to watch: Air Liquide (EURONEXT:AI)EURONEXT:AI
An interesting asset to trade. After entering the green zone (according to Buy/Sell Zones indicator ) it showed a small pullback which gives a possible good long entry point.
I'm looking forward to picking it up in the zone from current close up to 120.
Short-term Long targets are 0,5 Fib (previous high) and 1 Fib.
Long-term target is 2 Fib.
Invalidation: the price nukes under the previous low and stays there (prints a lower low)
Disclaimer: This article should not be considered as financial or investment advice. Trading digital assets involve risk and may resolve in the loss of your capital. Always be sure to understand the amount of risk involved and do your research before taking any trading/investment steps.
Stock to watch: Daiichi Sankyo (TSE:4568)TSE:4568
An interesting stock to trade short-term and to hold long-term.
The asset had already showed almost +35% growth this month and is still on the move.
Both Buy/Sell Zones and EMA Cross indicate an uptrend.
Short-term trade target is 0,5 Fib.
For the long play may be held up to 4.236 (more as an investment).
Invalidation: breaking the 3500 level and staying there.
Disclaimer: This article should not be considered as financial or investment advice. Trading digital assets involve risk and may resolve in the loss of your capital. Always be sure to understand the amount of risk involved and do your research before taking any trading/investment steps.
Triple Top Pattern Has Formed For Broadcom Inc (AVGO)After much V-shape recovery in the technology sector, the price of Broadcom Inc has currently reached a very strong resistance level (triple top pattern). The price is stubborn to break the 332 level. if there is no breakout beyond this point, I believe we should SHORT this stock to the 38% of Fibonacci level.
Key Trading Plan:
SHORT from the current price to the Take Profit Target level of 38% Fibonacci Retracement, 262.00, and then after that, go LONG to the resistance level again as fundamentally the stock still in the bullish trend.
‼️Disclaimer: Please be advised that we are NOT Financial Advisors. We are not responsible for the results of your Forex or CFDs trading. The only person responsible for profits or losses is yourself. You should not consider any market information, educational and analytical material as trading advice that defines your trading actions but purely as educational market material. Please be advised that S.I.D. Capital shall not be liable for any errors in quotes and trading platform software errors.
‼️This Channel and all information is intended for educational purposes only and does not give financial advice. S.I.D. Capital Signals is not a service to provide legal and financial advice; any information provided here is only the personal opinion of the author (not advice or financial advice in any sense, and in the sense of any act, ordinance or law of any country) and must not be used for financial activities.
TESLA INC. - Timeframe: 1H Technical analysisTRENDS
Court terme: STRONGLY BULLISH TECHNICAL INDICATORS: 50% BULLISH / 0% BEARISH / 50% NEUTRAL
MY OPINION: BULLISH ABOVE 800.51 USD
MY TARGETS
862.95 USD (+6.37%)
869.82 USD (+7.21%)
MY ANALYSIS
The bullish trend is currently very strong on TESLA INC.. As long as the price remains above the support at 800.51 USD, you could try to benefit from the boom. The first bullish objective is located at 862.95 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 869.82 USD as an objective. Crossing it would then enable buyers to target 917.42 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
FORCE : 7.7/10
Quotes:
The TESLA INC. rating is 811.29 USD. On the day, this instrument gained -0.99% and was traded between 785.00 USD and 824.00 USD over the period. The price is currently at +3.35% from its lowest and -1.54% from its highest.
Technical:
A technical analysis in 1H of this TESLA INC. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Indicators scanner detects a bullish signal on moving averages that could impact this trend.
Numerical data:
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators:
RSI (14): 58.02
MACD (12,26,9): 9.7500
Directional Movement: 2.62
AROON (14): 21.43
DEMA (21): 818.06
Parabolic SAR (0,02-0,02-0,2): 819.55
Elder Ray (13): 3.00
Super Trend (3,10): 781.02
Zig ZAG (10): 817.90
VORTEX (21): 1.0900
Stochastique (14,3,5): 81.60
TEMA (21): 821.64
Williams %R (14): -6.76
Chande Momentum Oscillator (20): 10.03
Repulse (5,40,3): 1.7600
ROCnROLL: 1
TRIX (15,9): 0.2100
Courbe Coppock: 5.70
Moving averages:
MA7: 775.62
MA20: 755.58
MA50: 633.22
MA100: 620.35
MAexp7: 812.49
MAexp20: 804.12
MAexp50: 787.18
MAexp100: 760.04
Price / MA7: +4.60%
Price / MA20: +7.37%
Price / MA50: +28.12%
Price / MA100: +30.78%
Price / MAexp7: -0.15%
Price / MAexp20: +0.89%
Price / MAexp50: +3.06%
Price / MAexp100: +6.74%
S&P 500 and Recession?Though it seems like we're currently in correction wave A and would like to stay neutral short to mid-term until confirmed wave 1 appears, the gap and bearish engulfing candle make it seem like the slide will continue earlier than expected within Q1 -- or maybe it will suddenly "recover" fast by next week, depends on the whales tbh, but lemme know your thoughts down the comments below.
Anyway just sharing an interesting pattern in S&P 500 coinciding with the major downturns in the market and recessions in the past, and might interest those who want to "time" the markets.
As mentioned in my trading blog, ceteris paribus, overall I'm bearish in the markets in the next decade or so considering the stagnant growth of world economies. The only thing that can push that up is if we're finally able to start mining in space and utilize AI technology while "smoothly" transitioning displaced human workers into more relevant roles.
Guideline:
SELL
- divergence in RSI and chart on -61.8 fib or higher (-61.8 becomes new 0 fib) and RSI above 70 for sell
- sell up to around 0 fib of prior period and RSI below 30 (then soft buy-soft sell) OR
- sell up to near -61.8 of current period (if there is prior bearish period & fib) or -100 of current period (if bearish reversal)
SOFT BUY
- RSI below 30
- price below -38.2 fib of prior period
- buy up to near -61.8 of current period
SOFT SELL
- 2nd RSI above 70
- price above -38.2 fib of current period (if prior fib is also bullish) or near -100 fib
- sell up to near 0 fib of current period
BUY
- divergence in RSI and chart on 0 (-61.8 fib or higher of prior bullish period) and RSI below 30 for buy
- buy up to around -100 fib of prior period and RSI above 70 (then soft sell-soft buyl) OR
- buy up to near -61.8 of current period (if there is prior bullish period & fib) or -100 of current period (if bullish reversal)
SOFT SELL
- RSI above 70
- price below -38.2 fib of current period
- sell up to near -61.8 of prior period
SOFT BUY
- 2nd RSI below 30
- price at 0 fib of current period
- sell above -38.2 fib of current period
Rules:
1. For reversals, plot fibonacci either from prior period -100 or -61.8 fib level (depending on where price is nearest) down to prior period 0 fibonacci level
2. If price continues to trend up or down, way past the -100 fibonacci level, plot that as new 0 fibonacci level and add a hype icon (champagne glass or caution)
3. RSI is set at 10-70-30 on the weekly chart only
