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MSFT - 8.91% Potential Profit - Bullish PennantBullish Pennant formed with the possibility to hit the historical resistance line. Entry price conservatively set at mid-resistance breakout. Target price set at resistance line bounce. - Historical Uptrend - RSI and STOCH well above 50 - MACD well above Signal Suggested Entry $216.58 Suggested Stop Loss $211.56 Target price $235.96 Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
NASDAQ:MSFTLong
by maschera
5
EBAY - 22.14% Potential Profit - Corridor BreakoutCorridor Breakout out of a 1-month price correction. Target price set at resistance line bounce. - Strong Uptrend - RSI and STOCH well above 50 - MACD well above Signal Suggested Entry $57.91 Suggested Stop Loss $56.88 Target price $70.80 Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
NASDAQ:EBAYLong
by maschera
1
High risk/reward long trade on Lufthansa AG$LHA Lufthansa AG (XETR) 3 Months chart: 4 Hour chart: 1). Limit Buy: 7.678€ or 7.66€ (we prefer 7.678€) 2). Limit Buy: 7.184€ Entry Price: 7.431€ 1). Take Profit: 9.928€ (+33.55%) 2). Take Profit: 12.246€ (+64.49%) Longterm target: 15.964€ - 16.710€ (+114.80%) Stop Limit/Loss: 6.668€ (-10.20%) Risk Reward: 6.36 What do you think? Share your idea and enjoy our opinion. REMOVE YOUR BIAS! Thanks, Disziplinierter_Trader
XETR:LHALong
by UnknownUnicorn2089696
DOCU - 8.68% Potential Profit - Ascending TriangleApproach this with care. Medium confidence on the Resistance Line due to a lack of touch-points. Strong level of support, confirmed multiple times over the past 5 months in an uptrend corridor. Ascending Triangle formed within, just broken out. Place a Limit Entry to ensure triangle support confirmation and decrease risk. - Historical Uptrend and All-time High - Pandemic-friendly Stock - RSI + Stoch well above 50 - MACD above Signal. Suggested Entry $220.43 Suggested Stop Loss $214.69 Target price $239.17
NASDAQ:DOCULong
by maschera
PDN T.A.PDN has been in our watch for a long time. Looking from a monthly prospective a possible double bottom is forming. If the break of the neck line occur we expect over 200% rally from current levels. The break of that neckline could also be the beginning of the bull rally that the U-Bulls are waiting for years. In all these years since the last radioactive disaster technology in the industry has improved and become safer. There is a lot to talk regards the U industry. The world is in constant need for more and more energy and Uranium could be the solution. Nobody knows what is going to happen in the future but from a trading/investing prospective we want to keep one eye on the industry waiting for a perfect set up.
ASX:PDN
by TheTechnicalAnalysts
1
S&P 500 further weakness ahead after the false breakoutCheck out the video for a complete walk through of the daily market analysis of S&P 500 futures ( CME_MINI:ES1! ) for 4 May 2020 trading session. In this video, I am going to show you the market recap on last Friday session, the bias for swing and intraday trading, the key levels to pay attention to, and the potential setup for the US session later. 1 May 2020 recap - We have seen continuation of the pullback for last Friday session, which broke the key support level at 2850. In my previous post, I mentioned a potential short entry around 2850–2860 if S&P 500 showed inability to rally up above this area, which worked out very well for an intraday trade. Watch the video trade idea below for last Friday's session if you haven't done so: Currently S&P 500 is filling the gap created this morning over the weekend. This coincides with the day low from last Friday, which acts as a resistance level.  Since the key support level at 2850 is broken, I expect further weakness in S&P 500 to test the swing low around 2715. Again, should 2715 be broken, 2635 is the last level of defense before I need to re-assess a bearish scenario such as to test the bottom in 23 Mar at 2174 or even form a lower low. If S&P 500 can can still commit above 2635, the uptrend from the bottom in March is still intact. Bias - down Key levels - Resistance: 2830, 2850, 2880; Support: 2770 (swing low), 2750, 2715. Potential setup - A rejection off 2810–2830 should present a good chance for a short entry, with profit taking at swing low levels 2770, 2750 and 2715.
CME_MINI:ES1!Short
by mingjong
8
S&P 500 confirms supply absorption with higher targets29 Apr 2020 recap - S&P 500 ( CME_MINI:ES1! ) had a clean and strong breakout of the level 2900 with increasing volume and close near the high. The price spread for yesterday session was large and bullish. This confirms my previous post on the potential supply absorption scenario for S&P 500. Refer to the video yesterday below where I mentioned possible supply absorption for S&P 500 based on the way the up thrust on 28 Apr 2020 turned out: The strong move yesterday acted as absorption on the way up as compare to spending time within a trading range for consolidation to absorb the supply. As the trend is still progressing well within the up channel with higher high and higher low forming, I expect S&P 500 to challenge higher targets around 2980, 3050 and 3130. Bias - up Key levels - Resistance: 2965 (swing high), 2980, 3050 Support: 2930 (swing low), 2900, 2880 Potential setup - I am looking for a test of the swing low near 2930 to initiate long position if the S&P 500 can bounce up on this level, with a stop loss below 2922. The first take profit target at the swing high near 2965. # TVC:SPX # SPCFD:SPX # AMEX:SPY
CME_MINI:ES1!Long
by mingjong
S&P 500 potential supply absorption daily market analysisCheck out the video above for a complete walk through of the daily market analysis of S&P 500 futures ( CME_MINI:ES1! ) for 29 Apr 2020 trading session. Close to the end of the video, I answered a question from reader regarding how to initiate short entry after an up thrust by revealing yesterday's intraday trade. 28 Apr 2020 recap - on the daily chart, S&P 500 futures had an up thrust of the swing high at 2885 as anticipated in my previous post, tested the supply zone near 2916, had a reaction to pull back to 2851, which is a support level and closed at 2867.25. Check out yesterday's idea where I mentioned anticipating an up thrust scenario below: Despite the up thrust movement was accompanied by increasing of supply, the results was not bearish. This could favor a supply absorption scenario where I expect higher target prices for S&P 500, while climbing the wall of worry. I anticipate S&P 500 to settle within the trading range between 2850-2910 before heading towards higher targets. If S&P 500 commits below 2850, this will violate the supply absorption scenario. Bias - neural to up, down (when below 2850) Key levels - Resistance: 2913 swing high, 2980 axis line Support: 2850 swing low Potential setup - a test or spring of the previous day low near 2852 could provide a good long entry with an immediate take profit target at 2910. A stop loss could be conservatively placed below 2842 or using smaller timeframe for tight stop loss.
CME_MINI:ES1!Long
by mingjong
Elliott wave in 1day chart. Is this time to exit?Kindly follow for daily new ideas.💡 feel free to contact in Personal if you have any doubts. I’ll always help for free. :) . Impulsive Elliott wave in 1day chart of Bitcoin/USDT . If you’re long term hodler, You do not need to worry because on weekly chart it is still on 1st wave. (yes, this is good news ;) ) This is a simple yet advanced level technical analysis for BTC . As i said stop loss at 6500 is more safer than 6800. Can you guess the reason? i’ll write in comments.
by Harshgp
1
S&P 500 - anticipate up thrust with a short setup27 Apr 2020 recap - on the daily chart, S&P 500 continued to edge higher with decreasing spread and slightly lower volume compared to last Friday's session. During the last hour, it attempted to test the swing high at 2885 but was rejected and closed at 2869, which is inline with my daily market analysis from yesterday. Feel free to check out my market analysis from yesterday below: Despite the up wave since 22 Apr is laborious, the low supply level does not provide confirmation for short sellers to jump in. Nevertheless, S&P 500 futures reach the resistance level near the swing high at 2885 and it should unfold itself soon. Bias - down Key levels - Resistance: 2885 (swing high), 2915 Support: 2840, 2800, 2750 Potential setup - An up thrust or a test of the day high/non-RTH high should provide a good short entry. Else a commit below 2840 with a weak rally up should see continuation of the down swing to test the support at low levels.
CME_MINI:ES1!Short
by mingjong
Bullish Technical Setup provided by ALEC / Through 26NASDAQ:ALEC Hey Guys, today i´d like to showcase you a sharp ooking Long Setup for a shorter time frame. We are looking here at an uplifting and trending Bio TECH Stock that has shows previous Strenght when the market had its weakness. Alector, Inc. operates as a clinical-stage biopharmaceutical company. They are developing therapeutics for the treatment of neurodegenerative diseases including frontotemporal dementia (FTD), Alzheimer's disease, and Parkinson's disease. No real profits are yet achieved for the Company but it still has a solid looking balance sheet. ALEC had a appropriate Consolidation Phase last week where it bounced back multiply times from the 26$ Resistance Level. Looking at the Hourly the Stock set ups very well it its given Range The Moving Averages dispaly that the Stock should be ready for a breakout expansion with a confirmation from high Volume following through. My Entry would be at 26.10 to not get trapped. Targets are 30, 32 and 36 I´d set my SL at LOD and then trail it with a 15min candel upwards to not give back any gains. This is only my opinion on technical Analysis and not a buy or sell recommendations. Do your own research before jumping into a bandwagon. Please leav me a like or a comment if you want to see more of my Analysis ! It would mean a lot to me and id´be greatly appreciated. Thanks, Sebastian - TradingExperts EU
NASDAQ:ALECLong
by Sebastian-TradingExpertsEU
S&P 500 - no excessive supply in trading range24 Apr 2020 recap -As mentioned previously in the S&P 500 market analysis ( CME_MINI:ES1! ) after the down wave from 20–21 Apr, which is a change of character stopping the up move to at least a trading range (if not a reversal). Refer below if you are wondering: There is no excessive supply after the down wave. So far, S&P 500 is able to overcome a few key supply zones and is at the resistance area close to 2885. It is possible for it to test the swing high at 2885. It is expected for S&P 500 to trade between 2715–2885 trading range. Check out the video below for a complete walk through of the daily market analysis of S&P 500 futures for 27 Apr 2020 trading session. Bias - down Key levels - Resistance: 2885 (swing high),2915 Support: 2830, 2800, 2750, 2715 (swing low) Potential setup - Should S&P 500 test the swing high near 2885, look for a rejection from that area to initiate short entry, with a stop above 2920. First take profit target at 2830 and other key support levels.
CME_MINI:ES1!Short
by mingjong
4
S&P 500 shows further weakness ahead - daily market analysis23 Apr 2020 recap -After the announcement of the jobless claims report, S&P 500 rallied up above 2800. The up swing continued after the US session opened and tested the axis line of 2830 as mentioned in my previous video on 23 Apr 2020 on the short squeeze scenario. Yet, the rally was unsustainable and closed lower at 2780.75. This was the first time for the S&P 500 ( CME_MINI:ES1! ) to close lower after the jobless claims report since the tremendous spike in jobless claims numbers started in 26 Mar 2020. Yesterday's candle tested the channel line as resistance, the breakdown bar on 21 Apr 2020 and the axis line at 2830, followed by a rejection and closed at the low. Further weakness could lead S&P 500 to test lower levels of support at 2750 and 2716. A break below 2716 should S&P 500 to test 2625, which is an important level. Bias - down Key levels - Resistance: 2800, 2830 Support: 2750, 2716, 2625 Potential setup - look for a rejection from the previous day low at 2784 or a test into the last hour bar 2787–2812 to initiate short entry. First target at the swing low at 2715 with a stop loss above 2819.
CME_MINI:ES1!Short
by mingjong
2
S&P 500 trading range with a bias to show further weakness22 Apr 2020 recap - S&P 500 futures ( CME_MINI:ES1! ) tested support level at 2800 and gave back the gain during the London session while digesting the volatile oil trading session and waiting for US jobless claims report later. The rally from yesterday has shown rejection twice from level 2800. It is worth to note that the rally also tested the up channel, which becomes a resistance trendline. It is expected for S&P 500 index to have a swing down to at least test 2750 or the swing low at 2715 if it is weakening. Should 2715 be broken, we should see a test at 2625, which is an important support level for S&P 500 futures. So far, I expect the price to spend some time within the trading range between 2715–2800, with a bias to break below 2715. Bias - down Key levels - Resistance: 2800, 2830 Support: 2750, 2715, 2625 Potential setup - look for a rejection from 2795–2805 to short. Else a break below 2773 with a weak rally up could be another short entry. First target at the swing low at 2715. Stop loss at 2810.
CME_MINI:ES1!Short
by mingjong
2
S&P 500 breaks down the up channel - range or reversal?21 Apr 2020 recap - S&P 500 futures ( CME_MINI:ES1! ) broke below the up channel since the bottom from 23 Mar 2020 and a key support level around 2750 with increasing supply, as spooked by the meltdown in oil price. This is a change of character for the uptrend, suggests that the up move could at least stop for now, at minimum to go into a trading range if not reversing to test the the lower support levels. Should S&P 500 commits above 2750, this would violate the bearish case and a trading range between 2720–2880 is likely. Bias - down  Key levels - Resistance: 2780, 2800, Support: 2750, 2717, 2635 Potential setup - look for a test of the of the break down around 2775–2800. A rejection from this level could be a good entry for short. First target at the swing low at 2717, second target at 2635. Stop loss at 2791.
CME_MINI:ES1!Short
by mingjong