Stockstrading
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.