Stockssignals
Reasons to buy Aurora Cannabis ACB stockIt’s been a rough year for cannabis stocks and even though Aurora Cannabis (NYSE: ACB) is one of the most notable companies in the Cannabis sector, it had its fair share of struggles in year 2019.
The stock has been dropping strongly for many months since April 2019. Following that yearlong downtrend, here are a few reasons to consider buying Aurora’s stock in 2020 based. Remember we only trade supply and demand imbalances, we are not interested in fundamentals for this particular cannabis stock.
We don’t care if the company could bring in a new CEO to negotiate a deal to bring consumer packaged goods to the company and bring greater financial discipline to the company. We could start adding fundamental analysis and why Aurora Cannabis hasn’t done very well last year.
Who cares about all that? What we should care is about the super strong monthly demand imbalance that price has reaches after months of continuous devaluation of the stock. As supply and demand traders we should only be interested in trading strong imbalances, price levels where the underlying asset is out of balance.
See Aurora Cannabis ACB stock monthly timeframe supply and demand analysis underneath. We can see a very strong monthly demand level around $2.15 per share. It’s a very strong impulse that provides us with a lot margin for price if price reacts to that imbalance as expected.
NETFLIX NFLX stock long bias from weekly demand imbalanceYou don't really need a university career on economics to learn how to trade stocks like Netflix NFLX, you don't need to buy dozen of books on trading strategies, economics and fundamental analysis on how well a certain company has performed in the last quarter or in the last year. You can learn how to trade stocks like Netflix NFLX by simply locating the imbalances created in the underlying stock.
Since you won't be needing any Phd on economics, learning how to trade stocks using the supply and demand imbalances by professional traders will make it easier for you if you are new to trading, trading stocks for dummies we could call it.
We have a clear example of a strong imbalance of demand on NetFlix NFLX american stock. This particular stock has been dropping for weeks since it reached the $370 per share price level. There were opportunities to sell NetFlix stock when it was up there but now that price has reached a very strong demand imbalance on the weekly timeframe around $256, if you every sold NetFlix up there or on the way down, it's time to close your trade and take profit because we are expecting price to rally much higher as a reaction to that strong demand level on NetFlix weekly imbalance.
Let's hope price rallies much higher on NetFlix, similar imbalances have been created on many other american stocks. NetFlix forecast together with other american stocks are bullish and are creating very strong demand levels and even breaking all time highs over and over.
M04 Mandarin Oriental International Limited Enter at $1.54Yesterday 18/9/19
M04 Mandarin Oriental International Limited signal was triggered.
Enter at $1.54 and exit at $1.59
I have yet to enter into this trade but this looks a promising trade. Great hotel chain which now operates 32 hotels and six residences in 23 countries and territories.
The Group’s global reputation continues to be reflected in numerous awards from respected associations – Group restaurant outlets across the portfolio currently hold 23 Michelin stars, more than any other hotel brand in the world.
I am abit unfamiliar with this name, might need more research before deciding to enter!
Spotted 4 stocks on 17/09/19 did not entered any of them. OUE actually took profit today at $1.53.
Spotted but never managed to buy in
City Development (Done TP 9 days)
Enter: 05/09/19 $9.42
Exit: 13/09/19 $9.70
Yangzijiang Shipbuilding
Enter: 17/09/19 $1.08
Exit: When price hit $1.12
OUE (Done TP 2 days)
Enter: 17/09/19 $1.48
Exit: When price hit $1.53
Sembcorp Marine
Enter: 17/09/19 $1.3
Exit: When price hit $1.34
Singtel
Enter: 17/09/19 $3.21
Exit: When price hit $3.31
US30 (DOW JONES) high probability longer term bearish setupUS30, Dow Jones price testing high of january 2018, after 15 months price reached top zone, Huge Supply zone there for longer term selling. it may take few weeks to complete the targets.
M&T Bank Corporation (NYS: MTB) announced!NYSE:MTB
M&T Bank Corporation (NYS: MTB) announced recently plans to invest heavily on a tech hub to develop financial technology.
Those investment announcements usually have a temporary downward effect on the price, even if the long term effect on fundamentals is positive.
In fact, M&T associated companies have shown interest in financial technology such as cryptocurrencies.
We expect the following price trajectory for the following 2 days:
- Target one: 159.50 (April 23rd close price)
- Target two: 137.77 (April 24th close price)
Stop Loss could be placed as we did or according to your money management.
You may get more info about this at www.cryptomacrotrends.com
PTC- Stock Picks- Long Position- Momentum TradeRecent resistance line broken.
Positive divergence shown on RSI.
Momentum based trade.
Could trail SL and set initial SL at 10 pips below 200EMA.
Peace & Love
TTEK- Stock pick- Long- Momentum TradeMomentum trade.
Positive divergence on RSI.
Recent resistance line broken.
To trail SL.
Initial SL could be set at 10 pips below 200 EMA.
XHE- Top Stock Picks- Possible Long- Momentum TradeMomentum trade.
Could trail SL, with initial SL set at 10 pips below 200EMA.
Peace & Love.
WCG Possible Long Position- Momentum TradeStrength based on RSI.
Could set SL at 276.68, then TRAIL SL to try and take full advantage of potential upside .
Peace & Love
POOL- Possible Long Position- Momentum TradePossible long position.
Could trail SL.
Set SL initially at 50EMA (low).
Peace and Love
ICON Stock- Possible Long PositionMomentum trade- use trailing SL- could start with SL at 200EMA point.
Peace & Love
DAX Big Sell SignalPattern: Channel Down on 1W.
Signal: Bearish since the price is near the pattern's Lower High.
Target: TP1 11215, TP2 11050.
*Note: The same pattern took place in 2015/ 2016. After the 5th wave on the Lower High the index pulled back to its 0.5 Fibonacci and then broke the Channel upwards.
Under Armour, Inc. There is still have down move. I think it will target 13.00 Dollar per share , Lets see
NCLH Approaching Resistance, Potential Drop! NCLH is approaching our first resistance at 50.50 (horizontal overlap resistance, 61.8%, 78.6%, 50% Fibonacci retracement, 100% Fiboancci extension) where a strong drop might occur below this level pushing price down to our major support at 45.11 (50% Fibonacci retracement).
Stochastic (55,5,3) is also approaching our first resistance where we might be seeing a corresponding drop in price.
