Watch 30-1hr time frame for confirmation of upwards channel. Good Luck, Stay Safe!
Watch how price opens today - If price cannot penetrate resistance (as circled), we will see further downside. GOOD LUCK. DON'T BLOW YOUR ACCOUNT. THIS ISN'T A RACE. THIS IS A SURVIVAL GAME.
Outlook is bearish for the next few months. Watch lower time frames before opening sell position. Good Luck :)
USD/CAD bullish trend is still intact. Watch for reversal candle for a buy.
DXY will be reversing soon indicating a short for Gold. Watch for a double top and reversal candle in Gold for a sell.
1st support - 2737 2nd support - 2650 Interesting time we live in eh?
Disclaimer: This trade is only for the patient. - After a few weeks of consolidation, a safe entry can be initiated. - Weekly cloud is thick in volume showing bullish trend is intact. - $CRON has significant advantage over their piers having a helping hand from $MO (Altria). With their cigarette distribution system, 1.8 billion investment & connections to more...
Price has bounced off the 26 day avg line showing us the support is still valid and safe for entry. Patiences is the virtue of trading. Trading analysts, not financial advice.
$BABA has been battered down in the past weeks due to the trade war escalating. But fear not, we now get to buy an A1 company at a discount. I see this as an opportunity seeing that business is still rapidly growing; shown in the May 15th/19 earnings report. With the trade war being the only reason for $BABA's sell off, we will soar to new highs once this trade...
As indicated price has bounced off 9 day avg line on the monthly chart; giving us a have a safe entry for swing trade to our price target of $88+. $NTAP will be reporting Q4 report on May 22nd: "Q4 has historically proven to be a strong seasonal period for free cash flow conversion, as such we remain committed to driving free cash flow of 19% to 21% of revenues...
Last month I shared "LONG $FB - Swing trade into next months earnings!" when price was in $165 zone. I have done well since, accumulating through the month until earnings . With stellar numbers reported in Q1, I will continue adding as we still have a lot of upside left to $220+. Trade the zones and add slowly. See you all at $220+!
The consensus earnings estimate is $0.05 per share on revenue of $1.26 billion. Investor sentiment going into the company's earnings release has 63% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 54.55% with revenue decreasing by 23.50%. Short interest has decreased by 13.1% since the company's last earnings. Overall...
We are currently in a falling wedge; watch price action at the bottom of the wedge for best entry point.
Update on $SQ: In my previous analysis, I mapped out the price to continue upwards in the upwards channel but instead we went sideways. We are now in a bullish pennant, waiting for a break to the upside. The bullish trend is still intact as indicated by the weekly Ichimoku Cloud. And as we all know, bigger the time frames, the more reliable Ichimoku is. In my...