Stockstrading
Can the New FDA Nod of Approval Push Gilead to New Highs
U.S. FDA approved Gilead Sciences Inc.’s experimental antiviral drug, remdesivir, for use as it’s showing good signs of helping hospitalised patients recover more quickly from Corona Virus.
From a Trend Analysis perspective - price action has been very choppy with lots of buying and selling in an almost Up-trending consolidation.
We expect Gilead to push higher with this recent news coupled with it Beating Earning Expectations for Q1 2020. This stock isnt a value stock with a PE of 18x and a Price to Book of 4x but it isn't overly expensive considering its growth potential (PEG 5yr 0.57).
UNITED AIRLINES; Ready for Take Off or Have We Not Even Landed?✨ We provide charts every day ✨
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Good morning, this is your captain speaking 👨✈️, looks like United Airlines (UAL) may be in for turbulence depending on the reaction at support here. Today we are looking to see if UAL is going to retain its short term uptrend, giving us a smooth landing, or if we are going to be looking at a double bottom or lower.
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1. Fractal Trend is showing a downtrend (Red background color) for UAL on the hourly chart.
2. Breakaway Scalper is currently neutral (Grey bar color), so we have no trade.
3. With this strategy we enter long ONLY when Fractal Trend shows a Green background and Breakaway Scalper shows a Green bar color. We enter short on opposite conditions (Red on Red) and otherwise want to be in cash.
4. While there is still a question if airlines in general are bottoming or are going to see more downside (many airline charts look like this, as does the airline ETF JETS), for now we are still holding support as illustrated on the chart.
5. If supports holds, we will be looking for reactions at R1 and R2 resistance. After that we have the top of the current price structure at R3 and then otherwise bearish order blocks at R4 - R6 which were formed on the way down.
6. Support levels below include the bullish order blocks at S1 - S3.
7. It is likely the fate of the airlines is tied overall to the market's reaction to the state of COVID and the economy. Do we reopen and start getting back to normal? That is of course bullish for airlines. Do we try to come out of hiding only to see our shadow and then find ourselves with weeks more of lockdown? In that case there could be a chance airlines haven't even landed yet.
SHOPIFY; SHOP Till You Drop... Should We Go Long Into Earnings?✨ We provide charts every day ✨
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Heeeeeey, u up? Sorry, talking to this SHOPIFY chart, and the answer is "oh yeah!" Honestly, if you like bullish charts, then you'll love SHOP. SHOP has had an absurdly profitable run since 2016, and our Momentum Mover strategy has constantly caught runs in that uptrend. Let's see how this current long plays out.
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1. Everyone is home from Coronavirus and expecting good earnings potential. Short to Long ratio volume is having an uptick as of the last week so short squeeze maybe? Looking for a long setup based mainly on these reasons and here is how we will try and act on these factors.
2. Fractal Trend is showing an uptrend (Green background color) for SHOP on the hourly. With our Momentum Mover strategy we take long positions when Fractal Trend signals an uptrend AND then Breakaway Scalper signals a long entry in the uptrend by showing a Green bar color. We only trade with the trend, and the trend is good with SHOP.
3. Right now we are seeing R1 acts as resistance forming what could potentially be a local top (but for now just looks like consolidation).
4. If we get a break down from R1 we will look at S1 - S4 for support. Ideally we will see S2 or S1 hold to ensure a higher low and a that the bullish structure of the uptrend is retained.
5. Whenever we find support and get a Long entry, we will be using Breakaway Scalper's built in static stop (yellow line) to lock in profit or limit losses based on how much upside we have seen.
TILRAY; Going Up... or Going Up in Smoke?✨ We provide charts every day ✨
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Yoooooo, what is up family? Tilray has been bearish since its epic run back in 2018. That said, we are finally seeing some green here (pun intended). Looks like we are about to get a confirmed uptrend, let's break down the logic behind our Tilray strategy.
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STRATEGY USED:Momentum Mover
Trend Confirmation = Fractal Trend
Entry Signal = Breakaway Scalper
Exit Signal = Breakaway Scalper OR Orderblock Mapping
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1. Fractal Trend is showing downtrend (Red background color) for TILRAY on the 1 hour chart. That means we only take short positions based on Breakaway Scalper (Red bar color) until that changes.
2. Fractal Trend is attempting to close Green, which will signal an uptrend. That will mean we are cleared to take a long position next time Breakaway Scalper signals an uptrend (Green bar color).
3. To the downside we will be looking for reactions at the bullish order blocks at S1, which price is currently testing, and at S2. If we go lower than S2, then that and it would simply look like a continuation of the downtrend for Tilray.
4. To the upside we will be looking at the bearish orderblocks at R1 - R3 for resistance.
NIO Technological Potential + $7.50 Long PredictionI own NIO, so I may be bias about this and things I say regardless shouldn't be taken at face value. That being said, NIO is a relatively low cost stock for a corporation that is competing in the electronic vehicles industry. True, that they are mostly Chinese based, however this doesn't change marketcap potential. Even though the stock been mostly negative recently, the positive potential lies not just in tech, but also demand. NIO peeked before past a $10 price point, and looking at the past few month even, you still could have lost money on NIO. It is a high risk stock but still has great potential. I believe in terms of my price prediction, it is very viable we could be entering another bullish period and one could expect a $7.50 price point around 2023. This is still long ways ago, and done through my preferred charting analysis. That being said, it still is high risk, and it is one of those stocks that you may need to hold on to for a while. It also could be vulnerable to panic selling. An interesting thing is to see NIO's upcoming EV releases, business decisions, and even international news surrounding their location to better understand the big picture.
$UBER (LONG)Everything on the chart.
2 scenarios
I tend more towards the long, but the entrance to the entry position is strictly from the stop!
Stop under the trend line
target area 30-31$
if we break the trend target will be below
Good luck.
Hello everyone, almost year ago i have lost my deposit(almost 8btc and i'm still broke w/o deposit and job,I can’t do my favorite thing.) and now i'm trying to get back to the market. If i help you to earn some money i will RLY VERYVERY THANKFULL for your donate(PM to me). Also open to your suggestions.
AAPL Can Fall Back to Support with this RetracementWelcome to Profitlio Trading!
What's up traders! Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, Also hit thumbs up and support the work.
AAPL Showed some nice rejection on the diagonal Support and Key Level. The price of AAPL showing a retracement of 61% Fib and expecting one more downside back towards the key level/support. Sketch up your own trade setup before you take off. Our Previous selling banked with 100+ Pips and Good Luck!
Profitlio Trading ( Since 2014 in Financial Markets )
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Traders Disclaimer: Non of our analysis or trade setups being shared here on tradingview is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trade only if trade setup meets the required criteria ( Confirmations ). Unless we will never take them as a trade if it never reach our trading requirements.
Take them at your own risk as trading is highly risky and you may loss your investments. Our trades are based on Swinging and Mid to long term approaches. All trades executed will be handled under the name of Profitlio Trading only.
AAL Showing a Good Sign with its Market BehaviourWelcome to Profitlio Trading!
What's up traders! Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, Also hit thumbs up and support the work.
This is going to be a perfect sign for gains in AAL market. As of it failed to break the diagonal support it has formed. Look into the highlighted eclipse and good place for a long term buying opportunities. Sketch up your own trade setup before you take off. Our Previous selling banked with 100+ Pips and Good Luck!
Profitlio Trading ( Since 2014 in Financial Markets )
________________________________________________
Traders Disclaimer: Non of our analysis or trade setups being shared here on tradingview is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trade only if trade setup meets the required criteria ( Confirmations ). Unless we will never take them as a trade if it never reach our trading requirements.
Take them at your own risk as trading is highly risky and you may loss your investments. Our trades are based on Swinging and Mid to long term approaches. All trades executed will be handled under the name of Profitlio Trading only.
Walt Disney Company (DIS) - Opportunity to SELLHey everyone, here's the analysis on DIS. Hit the LIKE button, follow us & leave a comment on ideas you would like to see next!
Summary:
Current price could drop from our R1 zone to our S1 zone, presenting us with a good opportunity to sell.
Action:
Sell Limit: 109.65 - 112.00
Stop Loss: 123.00
Take Profit: 96.40
Analysis:
On the monthly chart, R1 zone was a key breakout zone along with a strong fibonacci confluence and a pullback of our trend line. There is limited upside in the current price and it could drop to our S1 zone, as illustrated by the yellow dotted lines. If the S1 zone does not hold, we could see price drop lower to our S2 zone before a bounce there.
Disclaimer: There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. Trading BEAN and all individuals affiliated with this site assume no responsibilities for your trading and investment results. All contents featured here are solely for educational purposes and ARE NOT investment or trading advices. Please do your own due diligence and trade at your own risk.
TESLA Happy Easter everyone,
On 19th of march we saw a strong bullish engulfing candle which then price recovered towards $550. We then saw a pullback to $450 where we took our first entry. Profits running and stop loss still remains under the 200 MA. Im expecting some resistance at the 50 MA. This is a long term trade where my target is previous highs of this year around $950.
Regards
Ahava
WILMAR (F34) - Opportunity to BUYHey everyone, here's the analysis on Wilmar, if you found this insightful, please like and leave a comment on ideas you would like to see next!
Summary:
As illustrated by the yellow dotted lines, I am expecting a drop in current price to zone 2 at the 3.22 area highlighted in green, before moving higher to our resistance zone between 3.73 - 3.81.
Action:
Buy Limit: 3.22
Stop Loss: 3.00
Take Profit: 3.73
Analysis:
Zone 2 is in line with a key level on the weekly chart and the 38.2% retracement. If current price holds well above zone 2, it could rally to zone 3 highlighted in red, between 3.73 - 3.81. The resistance zone 3 is a key breakout zone, hence we will not play a move beyond that.
Disclaimer: There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. Trading BEAN and all individuals affiliated with this site assume no responsibilities for your trading and investment results. All contents featured here are solely for educational purposes and ARE NOT investment or trading advices. Please do your own due diligence and trade at your own risk.
DOW - COMPLELTY OVERBOUGHT DONT BUY THIS!Hello guys,
Rich people pumped the stocks in order to sell their positions in higher prices, please dont buy at this levels or you will see a blood bath again in the next months.
I highly not recommend to buy at this positions.
Thanks!
UBER buying opportunityAs positive mood returned, waiting for the break of resistance to buy more. Careful with Easter holidays as we could see some swings.
Similar patterns in many stocks as investors jump on the wagon.
Please leave a like and share your thoughts on UBER!
Good Luck and Stay Healthy!
Diamond S Shipping (DSSI) short.All description on the chart.
Please, don't forget to like and follow.
Thank you.