earnings surprise with big volume up stops under the low of yesterday or below 13$ for a longer term trade
57% earnings surprise stops under the low of yesterday or below 40$ for a longer term trade
ATOM for Labor Day Weekend 2022 Let's See Could be just a T.P. 1...
This morning the market opened to a surprising rally to the upside leaving all expecting Bears open mouthed and wondering what the fuzz was about. A 50% retracement affirmed the upwards movement when it quickly returned to the upside aiming at the once contested 850. A move above the 850 could really spur Bullish momentum and place the eager bears back into...
More and more my posts are about controlled losses. I'm doing this because trading is mostly about controlling losses. Seriously, it is about taking affordable controlled losses at key areas in an instrument. This 3D time frame may not be the one to trade in. The value in higher time frames is about advanced vigilance for potential reversals of trends. A...
Some saw a few weeks ago the first pump on the US Dollar. Seasoned traders know that generally first pumps north off a structure area or approximate double bottom usually fall back. Now - the US Dollar is nothing to fool around with. It is wild and very unpredictable. This is a hefty macro-economic index - a basket of 6 currencies. It's the USD vs 6 currencies....
I've added the Fibonaci here, since the bounce seems to not happen as fast or aggressive as anticipated! - We are lacking momentum... This could be a bearish sudden sign, though I do sense a cup and handle, which should also indicate a bullish trend, or at least a sleeping giant move... The fibonaci is my last ressort to believe that we still can hold our long...
'Everybody' knows that the US Dollar is gonna die. Right? The prevailing wisdom is that QE Infinity will tank the Dollar. Well, it's not that simple. The Dollar's strength depends on numerous other factors, the key one is demand. Ahhhh.. so the USA - if you believe it - has conquered COVID-19, and international trade is about to be kickstarted. Or so the story...
Tesla has had its fair share of bad news over the past year beating the stock down and making it a favorite of short selling bears for a bit. Well, those bears are counting their losses and will continue to do so. Tesla is reversing trend quickly on news of their surprise profit and 2-day 30% price rally, but then came the shake out. Now, the trend is picking...
So was I surprised by this 800$ crush? were you surprised? if you followed my ideas so far then I guess not... - We hit again and again into the 4h cloud resistances which included sma200 and ma200, we created many strong resistances... - Bulls had 1 last chance (Like I called on my last idea: ) to prove themselves that they can break these resistances, and for a...
Cheetah Mobile has beaten earnings estimates on 8 out of its last 10 earnings dates. That makes it a good candidate to win again. Generally, when Cheetah Mobile beats estimates, it rises for just a single day and then falls again the day after. I've made a $500 bet that we get an earnings surprise, and I will liquidate the position tomorrow morning either way. As...
So I was told GBPJPY and Shanghai A stocks are similar!! indeed! it's an interesting finding, thank @Victor.Y.F
Yesterday's earnings report is a huge difference from the past 2 quarters and the last time this company had an earnings report like that, it was trading in the $30 price range. For this pattern though, the target price is $15.45. thepatternsite.com