HolleyIG

HolleyIG

Watching BNS for buy confirmation Waiting is the hardest part. You need patience for most of the best trades. I've been watching this setup for the Bank of Nova Scotia as solid technical elements are lining up. 1D Heiken ashi chart reversal in play ● Doji formed at the bottom of the last downswing ● Positive momentum of both RSI and MACD indicators ● Strong...

HolleyIG

1D Heiken Ashi chart is printing smaller sized bars and wicks showing a possible trend reversal. I'm building a position here as there are several different TA elements happening across multiple timeframes. Top level 1D: DCA into a position at 5.84 ● 200EMA ● Fibonacci golden ratio 0.618 4H Buy signal with price consolidating inbetween 0.50 and 0.618 Fib...

HolleyIG

FA: Operational cash flow has remained steady. Financing operations were high in 2020 at 224B. They dropped of significantly in 2021 -45B but are now growing back each quarter to 22B. Its still a long way off 2020 but potential financing growth is there as economies come back from the pandemic. The balance sheet is looking healthy. Profit margins are increasing...

HolleyIG

Is SQ struggling? TA: The last of the EMA's have now crossed over (50 over 20) so there's a lot of downward pressure FA: Squares last 2 earnings have been a little worrying. Q3'21 was below followed by a downward revision for Q4'21 and another downward forecast for Q1'22. Targets. Previous lowest low between 91 and 95. NB. Could form a nice double bottom from...

HolleyIG

Weakness growing for CCJ. I'm going to close half the position and open a short Technically there's only so many times you can knock on the resistance without breaking. I think this bull move has run out of steam. Looking at a a retracement now. First to 0.236 Fib level. Then possibly the the stronger 0.382 ● latest local top ● RSI =>70 multiple times Target...

HolleyIG

Buy signal for LOOMBTC 1D ● Price dropped to the 50 EMA support ● Additional support from the 0.5 Fib level 4D ● Buy signal ● Looking to reclaim the 200 EMA ● Bullish divergence formed with RSI and MACD 1H ● Postitive RSI and MACD following previous Bullish divergence on 1H Targets TP1: 218 TP2: 235

HolleyIG

HIG gearing up to new highs. Potentially a good long term hold. Financial services do well in periods of high interest rates. Insurance companies invest premiums into fixed income securities to drive income, which is very important for their profitability. Expect the improvement in the interest rates to increase the yields. Premiums and fees income is likely to...

HolleyIG

A classic Bollinger band squeeze forming on the 4H chart. Always different to determine which way the chart will go but multiple BUY signals from the RSI indicator. TP when RSI crossing 70.

HolleyIG

Trade idea - Technicial analysis: Sell $AZN $UK100 Chart: Heikin Ashi 1D The bullrun through March looks to have run out of steam and started to show weakness. Chart: Candlestick 1D • MACD histogram crossed over and now posting negative trend. • RSI falling from overbrought levels Target: TP1 67.4 TP2 64.8 Or RSI 30

HolleyIG

Trade idea - Technicial analysis: Sell $VIV.US Chart: Heikin Ashi 1D Bulls have started to show weakness. Muliple long wicks forming doji's at the top of the last run. Chart: Candlestick 1D • MACD histogram crossed over and now posting negitive trend. • RSI falling from overbrought Target: 10.40 Confluence of 50EMA and 0.328 fibonacci level. Approx 20%

HolleyIG

ACI reporting earnings of 0.75 (+0.11) with another earnings beat. Strong technicals show a good bounce from an initial gap down. ● Bouncing from the 50 and 100 MA zone ● Bounce from 0.5 Fibonacci level from the January low to March high ● Gap down to fill. A similar gap down was observed and filled at the end of march ● Gaps are also nicely positioned...

HolleyIG

MPC primed to go back to ATH over the next year. MPC continued its trend of beating earnings 4 quarters in a row. Even though this time it was slightly less than expected, the stock dropped slightly, but only to the next Fibonacci level, which also happens to be the lower bound of the parallel channel it finds itself in. Some positive momentum and a high oil price...

HolleyIG

Primed for a bit of sell off due to geo-political reasons and some good old-fashioned TA. Its been bouncing around the upper bound of the asymmetrical triangle top for a while now, but pre-covid, it was posting a range between the 0.500 and 0.618 Fibonacci levels. Now with everything else going on with the USA trade war, Hong Kong, Huawei & Tik Tok it looks like...

HolleyIG

The Bitcoin bears are coming and here's why. There are a lots of indicators that flagging that the next few months will continue to see a bear market 1. BTC is at the top of the asymmetrical triangle (printed from the 2020 High and Low) which is acting a resistance 2. Its currently held in a range between $8700 and $10000 3. Current price is almost touching the...

HolleyIG

EPD was stuck in range for 4 years before the pandemic outbreak in late Feb 2020 Fibonacci retracement of the selloff and the MACD Indicator suggest that the price will head back into range @ $25 and head north up to $29

HolleyIG

*Trading idea* Looking at a triple bottom chart pattern on $ABCB The price has broken through the neckline and is looking good to move upwards into the next 3 Fibonacci levels based on the MACD. The final profit target I'm looking at is at the golden ratio Fibonacci level 0.618. TP1 @ 29.53 (0.382 Fib) TP2 @ 32.41 (0.50 Fib) TP3 @ 35.28 (0.618 Golden ratio)...

HolleyIG

Comcast has formed an inverse head and shoulders pattern. There is a clear break out of the neckline and the MACD has recorded a new first green bar. I've set profit targets at the 0.618, 0.786 and 1.0 Fibonacci levels.

HolleyIG

I believe that BTC will pullback to the 0.5 Fibonacci level after the halving before continuing upwards. The 0.5 Level also coincides nicely with the weekly 0.236 level fib level just above 7000