ABC flag Pattern on Twitter. This is our planToday let's speak about the current situation on Twitter. First of all, it's important to say that we are not saying "Twitter will do this or that" Instead of that, we will create a future scenario that, IF it happens, we will know exactly how to trade it.
What are we observing right now?
The price is above an ascending trendline tested several times, and we can see a Massive Flag Pattern (115 days) supported on that trendline. The only scenario we are interested in is if we observe a clear breakout of the Flag Pattern. That is our first filter to start thinking in terms of bullish setups.
What's the plan after that?
We will wait for a small correction with the size of the circle you can see on the chart, and we will trade on the new local high after that. Stop loss below the correction. Targets can be below the previous ATH or the Fibo Extension at 90.00
What if this chart does not go as expected?
Very simple, we don't trade
How much money are you going to risk in this future setup IF happens?
We will risk 1% of our capital on the stop loss.
What is the time horizon of the trade, in case everything goes as expected?
60 to 120 days
How accurate these types of setups are?
The accuracy of this type of breakouts is about 45% - 55%, which means that, on average, you will lose half of the time, YES, half of the time. However, if your risk-reward ratio is good enough ( 1 : 2, for example), you don't care about that.
Thanks for reading!!!
first time ! weekly bitcoin has hit a TEN in TDSWELL THERE YOU GO. BITCOIN HAS HIT A 10 ( ten ) in the weekly Sequential !
i tried to find the last time it did this in history but gave up. correct me where it is.
normally there is a prolonged UPTREND if a TEN is reached on a TEN upwards, if its the same with a down trend then it could get far far worse
Testing Tradingview's TwitterInteresting article Coin Telegraph - Anonymous crypto.
Crypto and blockchain industries need to play by the rules to realize their full potential, Concordium CEO says.
Thanks @TradingView
Nice new feature!
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Trading Idea - #ServicenowSHORT
ENTRY: 467.00 USD
TARGET: 389.00 USD (+16% profit)
STOP: 516.00 USD
ServiceNow, Inc. is a provider of cloud computing solutions that define, structure, manage, and automate services for global companies. The company offers a range of cloud-based services that automate the workflow within and between departments in a company.
1.) 463.00 USD is the support that needs to fall to get a more precise SHORT signal! Keep an eye on that!
Twitter long We expecting twitter to fill the gap once more, next target 63.86
What is a Gap Fill strategy? The gap-fill is a popular trading strategy and it is used not only in the stock market, but also in Forex. After a gap is formed, it happens frequently that the price eventually returns to the origin of the gap and, thus, “closes” the gap. In stocks this can be a long term trade (Mainly used by banks),whereby, in forex might take a few hours to fill the gap.
Trading Idea - #CUREVAC (hope for the mutants)THE BIG LONG! Vaccine for the Covid-Mutants! :-)
ENTRY: 44.20 EUR
TARGET: 90.00 EUR (104 % profit)
STOP: 32.40 EUR
- This is only an interim analysis result of the CUREVAC Covid vaccince!!
- Initial analyzes have shown that the effectiveness depends on the age group examined and the virus strains, the company continues.
- The vaccine candidate is in the final stage of clinical development.
- CEO Franz-Werner Haas announced that one had hoped for stronger results in the interim analysis.
- But continue the current study until the final analysis.
Trading Idea - #Gold #FuturesBUY
ENTRY: 1905.8 USD
TARGET: 1984.8 USD (4% profit)
STOP: 1846.1 USD
- After the all-time high (USD 2089), a clear downtrend has emerged, which has found important support at USD 1677.
- Since then we have been in an upward movement with a break through the falling trendline.
- A setback briefly tested the trend line.
- The upward trend is expected to be continued.
- Target 1960 USD to 1980 USD.
Trading Idea - AAC #ClydeSpace (mid-term/long-term)BUY
ENTRY: 2.285 SEK
TARGET: 2.910 SEK (27% profit mid-term)
STOP: 2.130 SEK
AAC Clyde Space AB, formerly AAC Microtec, is a company based in Sweden, which is mainly active in the aerospace industry. The company operates as a provider of space solutions and systems for state, commercial and educational purposes.
1.) The current zone represents a good entry point for investors who are interested in the company over a medium to long term period. The securities is near the support at 2.00 SEK - calculated on weekly rate data.
2.) The predicted growth for the coming year is one of the strengths of the company.
3.) The financial situation of the company looks excellent, which gives it a considerable investment capacity.
Twitter, Inc.Wednesday, 9 June 2021
6:22 AM (WIB)
Twitter on establishing a huge inverse structure to the upside, and the most possible to drop at medium lines.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
TWTR How I want to trade thisI see the old support between 62-63 becoming resistance.
Ideally I want to be long from the current $59 until the above levels and then initiate a short position from there.
I still think the market has peaked as there are more reasons for the market to correct than to continue higher. Inflation, supply issues, fed tapering, interest rates rising, a new global 15% tax, etc. etc. It feels to me that the market has made up its mind to go lower and is just waiting for the "news" to go off of.
Twitter Inc.Monday, 7 June 2021
2:27 AM (WIB)
After falling crash to the ground base support, Twitter start recovery at the lowest low from their expanding ^ ascending broadening wedge channel. It is still in the lowest point. With potentially +50% and more, and the uptrend could be able for years to come. Twitter is a must have in my Stock's portfolio.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
Elon Musk vs BitcoinElon Musk is the new Donald Trump of the Markets.
As Elon Musk tweets go, so does the markets especially the cryptocurrency market, namely Dogecoin, Bitcoin & CumRocket among the main ones. (Trump had similar effects from his tweet as president of the United States on the stock market.) The billionaire and Tesla CEO has been have been specifically tweeting about crypto a lot recently affecting prices by up sometimes fewer than 80 characters and memes of dogs.
I am not sure what his game plan is most recently but Elon Musk have been driving the price of Bitcoin down relentlessly and with coordinated and precision attacks at some of the weakest low liquidity trading times. Musk’s tweets may not be for his own financial gains, but they are highly affecting crypto investors and he is attracting a lot of hate from the community currently for his actions.
My main questions are why is he doing it? Can anyone stop him? What will be the long-term effects of his actions? Could he be driving down the price so that us retail investors can hop on for a highly discounted ride to the moon?
Trading Idea - Norma GroupThere are 2 possible scenarios. LONG goes to 51.00 EUR, SHORT goes down to 35.00 EUR!
I am more bullish here! So LONG we go!
ENTRY: 45.22 EUR
TARGET: 51.00 EUR (+13% profit)
STOP: 42.30 EUR
Norma Group SE is a German manufacturer of technical connection technology. The company focuses on three product categories: clamps, connectors and fluidics.
1.) From a market point of view of the 1 hour time units, the share is above the support at EUR 39.20, which could mean rising prices.
2.) Connection technology specialist Norma benefits from market recovery
3.) According to initial estimates, the first quarter was excellent at Norma.
Trading Idea - #NVIDIABUY
ENTRY: 545.00 USD
TARGET: 608.00 USD (+ 13% profit)
STOP: 512.00 USD
NVIDIA is a world leader in the design, development and marketing of graphics processors.
1.) Strong support at 536.70! This should help the price to move up in the short-term!
2.) NVIDIA's profit margins are among the highest of any traded company. The business is extremely profitable.
3.) The strong growth is one of the company's strengths. A further growth of approx. 70% until 2024 is forecast.
Trading Idea - #Salesforce short-termBUY
ENTRY: 217.60 USD
TARGET: 234.56 USD (+8 % profit)
STOP: 207.66 USD
Salesforce is the world's leading provider of customer relationship management (CRM) software.
1.) Testing the support at $ 209.95 provides good timing for buying the security.
2.) The growth in recent years is one of the company's strengths. A further growth of 70% is forecast over the next 3 years (until 2004).
3.) Salesforce is in a great financial position, which gives it immense investment capacity.
4.) But beware! The ratio of "company value to sales" places the company among the world's most expensive companies.
5.) The trend in the last 10 months is clearly negative. Therefore, I only see a short-term buying opportunity.
6.) With a clear breakout of the downward channel, new possibilities arise!