Hello MPWR is oversold and looking to bounce at the 575.00 level, that earlier acted as resistance
Hello I found this trade idea today. Price has created a wave pattern, and has now retraced back to former resistance level. I calculated the intrinsic value of the stock and got a final intrinsic value of 190 usd. I am therfore looking to go long in this stock
LUV are in a confirmed downtrend with lower lows and lower highs. Price has made a retracement to fibonacci level 0.618, and the MACD shows divergence. Overall a good short idea
Hi Found this eilliot wave pattern forming on ticker COIN. Looking to catch wave 5
Looking to sell ticker VTRS when market opens again. If price doesn't hold the resistance level at 12.00, close the trade for at small loss. If price decides to be nice and go down, let it ;-)
Long term trade idea on HSY. Support tested multiple times at 200 SMA. Great time to enter now
Strong channel pattern formed on RBLX, with resistance zone at 46.00. Going short in a swing trade is not a bad idea
Go buy this stock because it is very good and you might make money. Trend is upwards and i believe it will continue going up so i am defo buying
Buy around 400 usd, if price respects 200 EMA
Hello I am currently looking to invest in the industrial sector, and i have found Automatic Data Processing Inc (ADP) to be pretty attractive. Fundamentals looks good and it is on a clear uptrend on the weekly chart. On the daily chart price is still trading below the the 200 ma and the company hasn't fully recovered from the COVID 19 crash in march, like the big...
I previoulsy made a post on this pair, where we were looking for the prices to come to the upper trendline to take a short position. Well now the price is at this trendline and i believe it has made a false breakout. I believe institutions and hedgefunds are hunting stop losses to fill their big short positions, hence we have seen a bullish move in price in the...
Hello Over the last couple of weeks, we have seen the S&P 500 make a nice rally more than 30 percent from the low we saw in late march. Now the price has come to the 0.618 fibonacci retracement level, and we could see some bearish price action in this area. Now could therefore be a good time to take some short positions in either the SPX or SPY themselves, or in...
We are currently seeing the AUDUSD recover from the big drop in March, and i am expecting the price to rally back to the 200 MA on the daily chart which is around 0.67000 Price has also formed a second bull flag pattern on this big pullback, and the first one turned out perfectly, so we can now buy the breakout from the new bull flag pattern, and hope for the...
USDCHF has broken the triangle pattern, and has now retested the trendline with a bullish pinbar Hence we can buy when price goes above the pinbar at 0.97300
Markets are looking bullish at the moment and things are going up again. This crash in the market have given us some good opportunities to buy good quality stocks at great discounts However it is difficult to predict if the current bullish momentum is just a dead cat bounce, or if the market is actually going to rally to all time highs Therefore it could be a...
Here is a long term trade idea i think could be really good. EURJPY is trading in a bearish channel and price is currently retracing to the upper trendline On the chart we can also see that price was in a triangle and broke out last year, retested and is now coming down again Not only that, price is also forming a big gartley patten, so we have a lot of...