Our discussion will dive into the breakout charts of small caps, the ongoing chatter about interest rates, and the shift among Fed members towards a dovish stance. We'll also examine the implications of the slowing AI stock boom and the increasing participation of stocks in catching a bid in the broader market. The TradeStation team actively shares their daily...
153 below trendline breakdown possible 21 ema below close yesterday if sustain tl below 150/145/135 to test soon
76 below Support breakdown possible 21 ema below close 73/71/68 expected to test soon
Channel breakdown possible 179 below price close below 21 ema 176/172/168 expected to test soon
181 Below trendline breakdown possible 180/178/175/170/166 can test if sustain below that level
64 below trendline breakdown possible 63/61/58 can test soon
119 below trendline breakdown possible 117/114/105...96 can test to fill the gap
474 below Trendline breakdown possible 472/470/460 can test soon Also have H& S pattern which have target 440
Watch our latest episode of The TradingView Show and dive deep into the markets with TradeStation and their Head of Strategy. We examine breakout charts, significant money movements, and invaluable educational insights for traders of all levels. For daily charts and research, visit the TradeStation profile on TradingView, where they share scripts and engaging...
Bitcoin price is likely to continue to the 24000 area and then from this zone price is like to hit the long waited 150,000usd
TMO has broken through the 8, 13, and 21 daily exponential moving averages in the past few trading sessions. As a leader in laboratory diagnostics and life science sales distribution, it would seem reasonable that the stock may try to push higher as the coronavirus cases continue to grow. Now that the stock has pushed passed the 21 day EMA, there are no...
Lot happening in this chart of NIO, but thought I'd just show you how a live trade looks in TradingView using Trade Station. You can see on the right hand side where I bought the stock (added automatically by TradingView and doesn't move), and where my current stop loss is set (this one I can adjust and move up and down to change my stop). I could also add a take...
As mentioned before, Clorox ( NYSE:CLX ) has been one of those steadily rising stocks that appear to be benefiting from the Coronavirus. Logically, it makes sense that a company like Clorox would do well during a time where sanitation is of the utmost importance. It's not surprising to see that CLX is on the rise, however, even rising stocks need to take a...
TSLA soared to all time highs this week... and though it would be fun to jump in on the action, it just feels like Iwould be entering no man's land to be bullish on TSLA at such a high price. I am going to be watching for a pull back somewhere between the 13 and 21 EMA over the next 7 to 10 days. What goes up, usually comes down. This is one that I will be waiting...
What a wild ride its been for the markets! I am definitely having a beer after this week is over... but before we kick off the weekend, we have to take a look at the SPY. As you all know, I like to look for trade setups when trending stocks pull back to their 21 daily exponential moving average. Today is no exception. SPY has been trending higher over the last 3...
Here at YouCanTrade, we have been keeping watchful eye on defensive stock Raytheon NYSE:RTX , which has been trading below its 8 day EMA over the past 2 weeks of trading. The last two days of positive market activity has helped Raytheon pullback to its 21-day moving average, which could be a signal for taking a position in the direction of the downward trend....
AMEX:REK Though it may be a little early to tell, we might just might see a buyer's market emerging in real estate in the next few months to come. Although, not a popular ETF, this short ProShares ETF seeks a return that is -1x of the Dow Jones U.S. Real Estate Index. I know it's probably not most pleasing though to think the real estate market could go down,...
The aircraft manufacturer has really gone through ups and downs coming into 2020. Contributing to the recent declines have been the ongoing issues with the 737 Max crashes in 2019 which led to the FAA suspending the aircraft from flying hurting many airlines such as Southwest, United Airlines, and American Airlines. Also adding to the pain is the Coronavirus...