Stockstrading
Expedia group stock supply and demand analysisEver wondered how to trade stocks without using any kind of indicators, fundamental analysis or volume analysis? You don’t need any special tools to learn how to trade stocks.
As a beginner, it shouldn’t be that difficult to place a high probability trade on stocks, you don’t need a university career either. When trading stocks using a supply and demand strategy, you don’t need to pay attention to anything else but price action and the strength of the imbalance.
How to trade Expedia Group stock using a supply and demand strategy
On Expedia Group american stock #EXPE we have located a super strong supply imbalance around $135 per share. That’s the kind of imbalance we are looking for and where we are interested in selling Expedia Group stock. You don’t need to pay attention to fundamentals or earnings announcements, why should we?
Clear short bias on Expedia Group, price action analysis is also telling us that selling is the way, but not now, we need to wait for the retracement.
This Looks Like A Seller's Rally Built On Quicksand We have a truly massive bearish divergence on both the weekly RSI and Ultimate Oscillator for the S & P 500. Marked on this chart are moments where SPY broke its all-time-high and confirmed further upside without a divergence (yellow). In pink, I also marked where SPY printed a failed breakout and entered bearish territory shortly thereafter. While I think we COULD have a bit more upside, I think this is a great opportunity for people to exit the stock market before things get potentially pretty awful. It could drop next week. It could happen in two weeks, three weeks, several months even. All I can see is that there is a LOT of downside risk here, and the bearish divergence usually didn't take too long to play out in the past.
Potential support/liquidity zones for the coming decade are marked in magenta. I also have been posting about how price action in the Dow Jones is perfectly mirroring what led up to the 1929 stock market crash. So yes, I think SPY can get back to the 400-700 range. However, a bear market of this magnitude would only become more likely if we breach the low from December, 2018 and then fail to hold the important 1500 range as well (resistance from the 2000's).
The monthly chart looks just as bad, with the divergences even MORE pronounced. It shows that we easily have downside at least towards the 1600 area, and the 200 month moving average. What's really interesting about the monthly chart, is that we haven't seen a positive correlation between the oscillators and price since 2012! You can see the anomaly here, where the oscillators started looking bearish even in 2014. This could tell us that the entire rally from the last 5 years didn't have much strength behind it.
No one is benefitting from this stock market rise. The everyday person isn't even happy about it. I see it on their faces every day. Why? Because they're still making the same amount of money that they did decades ago and paying more taxes, while the wealthy continue to be the sole beneficiaries of this endless bull market. Meanwhile, the barriers to entry for landing a decent-paying job keep getting more oppressive: the cost of a college degree, the racial wealth gap, workers getting replaced by technology...I'm pretty sure most people see that there's something wrong with this. You can feel it in the air. There's a lot of turbulence. Civil unrest is on the rise globally, and I don't think it's unlikely that it will spread to the United States. I think the real reason why people have been waiting for a market correction is because deep down they want it to happen. They know that something needs to be shaken up, because positive change cannot occur as long as the greedy people who are in power are comfortable. Change will occur when even those at the top start to tremble in their boots from fear and loneliness.
What's sad is that the stock market was initially meant to represent universal prosperity; if stocks are doing well, then the whole nation is doing well! Everyone can own a piece of the pie and benefit from our shared growth! Instead, what we're seeing now is an evaporating middle class, where the majority of the nation is NOT doing well. It's like a lovely mansion built on a termite infestation that everyone somehow chooses to ignore.
I think some sort of financial restructuring is inevitable---some serious ground-up rebuilding. This will need to happen in order to face environmental problems as well. As we are now, we cannot efficiently tackle major issues. Will cryptocurrency valuations benefit from massive change? We have no idea. First we need to tackle the stock market delusion, so crypto may be left by the wayside at first.
I think that once major media outlets stop believing in the endless stock market rally, then we would get real panic, and all the people who have been feeling uneasy will start to feel validated, but in a sick way. Then, perhaps we can unite and tackle these challenges. In an age of constant self-medicating and denial through smartphones and social media, people will need a lot to get them to take action, especially the people least affected by these problems.
Alright, rant over.
This is not financial advice. This is purely my opinion.
-Victor Cobra
STNG Potential Long 5th Wave Swing Trading Opportunity 60minUsing our Elliott Wave Indicator Suite for the TradingView Platform we have identified a potential Long 5th Wave Swing Trading Opportunity for STNG on the 60 minute time frame . The 5th wave move in an elliottwave sequence is the highest probability move.
The wave 4 pull back has found support in the red zone of our probability pullback zones, which represents an 75% probability that our automated 5th wave target zone, in blue on the chart, will be hit.
We see yellow dots formed in the overbought zone on our special False Breakout Stochastic indicator, which signals strong Bullish momentum. When, during a wave 4 pullback, the stochastic pulls back against these false break out dots and crosses in the oversold zone, there is a high probability the stocks price action will resume the overall bullish trend .
We also measure the wave 4 behaviour with our Elliottwave oscillator, which has pulled back within our pre-determined zone.
So overall we have identified, using our Elliott Wave Indicator suite for TradingView, a high probability long swing trading opportunity on STNG , 60min Timeframe , with the following entry strategy:
Long entry through $35.21
Stop Loss $34.14
Target $37
Giving a Risk to Reward of 1:1.6
Learn more about our Tradingview indicator suites by watching the video tours >>HERE<<
Potential longer Term 5th Wave Long on $BRKR Using our Elliott Wave Indicator Suite we have identified a longer term 5th wave long using the weekly time frame for the BRKR Stock. The Wave 4 Pull back has found great support in our Amber Pullback zones, giving an 80% probability that price will hit our automated 5th Wave target zone (highlighted in blue on the chart). Entry Stop Loss and Target Prices easy to view on the chart
The Wave 4 behaviour is also good where we measure our Elliott Wave Oscillator pullback within our 90/140% zone. We also see that the Wave 4 pulled back against our false breakout dots on our special stochastic. The False breakout dots denote a strong Bullish trend and so when a Wave 4 pulls back against these and cross in the opposing over sold zone, then there is a strong probability the stochastic will return to its overbought zone and strong Bullish Trend. This type of move on the weekly timeframe could take anywhere from 7 to 15 weeks, so this is a great investing opportunity.
Find out more about our Elliott Wave Indicator Suite for TradingView >>>HERE<<<
TECK potential short Breakout after Double TopOur B.I.T.S (Breakout Intelligent Breakout Signals) Indicator for TradingView has a signal short on $TECK. We have completed a double top on the Daily timeframe and our automated short signal is below the recent low pivot. So we are combining a traditional duoble top short setup with our strong automated breakout signal from our indicator suite to go short TECK.
Short Entry at $15.56 with Stop loss at 16.47, with the 4 target zones printed on the chart by our B.I.T.S indicator.
Look to Swing this short trade over into next week, depending on momentum.
Us30Usd FIBB Levels screams Short! As we know US30 has been making ATH's but for this very reason I would not feel good about entering long or even investing.
The smart money gets out here while the dumb money gets wrecked, Reason why I would do a Sell Stop order is in case price makes a couple more pushes to the upside be patient.
Enjoy.
Spotify buy opportunities created with new imbalance createdA very strong weekly demand imbalance has been created on the weekly timeframe around $117 per share for a long term buy opportunity on this stock. Currently we have a pretty strong weekly supply level that has gained control, buying Spotify stock is not possible now. Remember this is a long term analysis, short term and intraday stock trading is a different story but this can help you decide which bias you can trade on your stock trading strategy.
When Spotify Technology #SPOT stock is analysed with the glasses of a supply and demand strategy, we can see that strong impulses and created providing new demand to lean on for long term buy opportunities.
Inverted H&S in Rite AidNice inverted H&S is being formed in NYSE:RAD . Breakout through neckline was supported by the volume, and ideal target is around 19-20$ for a very solid return.
Are you sell Mastercard ?Hello, Traders!
Monfex is at your service and today we overview Mastercard .
The company has recently processed 28.2 billion transactions, which in dollar terms is about $ 1.7 trillion . And this is 22% more than a year earlier.
MasterCard says the number of transactions has grown thanks to the new click-to-pay payment technology. It allows you to make a purchase on the Internet in a couple of clicks.
Cyber-Monday (December 3) and Black-Friday are coming soon.
The predicted percentage of online sales is about 20%.
And the Mastercard does not belong to a small piece of this pie.
The price is very similar to moving in July-December 2018. There is also bearish divergence on RSI.
A good sign for continuation of growth will be a breakdown of a key resistance level.
If the price nevertheless will bounces down from the local zone of resistance, then MA200 can be taken as the target.
The resistance zone ~ $284
The local resistance zone ~ $280
Market Cap
281.185B
Share your thoughts, ideas about the market under the chart.
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GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Should I sell off my stocks?Should I be selling off my shares? Well the official reply to that is you have to decide that yourself as market analysis, we analyse and spot potential reversal zone.
0183 is a relatively new stock data only start from 16May2016 not much can read off from this.
The 2 potential prices to look into after the market cross the psychological level of $1.00 will be $1.085 but a more important key level will be $1.265.
At these resistance(upper restraint) level are potential "sell-off". In my trading decision, I look into the "think like other traders", if people are exiting the market what are the price they are looking at?
Psychological Level will be $1.000, if the weekly candle break and close above $1.000 I will have no concent until price touches $1.085 as it forms structure restrain, breaking and closing above I will be looking to exit at $1.265, a price that I expect huge market movement.