MarketSeaman

MarketSeaman

Its been a while since i posted anything here so i wanted this post to be something special.From a fundumental point (DCF) i see a good upside potential for this company.Now for the special part... Embracer ownes a smaller company Coffee Stain Studios that is the publisher of Iron gate developers team .Have you heard of Valheim ? Check it out if you havent.I think...

MarketSeaman Updated 

broken triangle

MarketSeaman Updated 

Its a long time that i have posted 1.Fund :COVID-19 etc not very important for the small time frame i expect this to work. 2.Techn: a.If you notice the stock has used the 61.8 fibo as a resistance point in the past and i believe there is high chance it will happen again. b.A reverse h&s has formed.Not textbook form but i have noticed that it tends to work.(could...

MarketSeaman Updated 

For the time the company seems to recover.Last earnings were good but it is weighted down from Boeing and the General Market movement that looks like a correction. 1.breakout from mirror level 2.RSI is borderline overbought so I believe we may see some more correction to 11.5-12 3.On the 61.8 fibbo level TP:16.8 SL:10.7 R/R is ok . Good luck

MarketSeaman Updated 

Now for something different. Fundumentally the general fear of the virus is the only reason I see this going up.The question is if up how much up? 3 scenarios either : 1.this goes to 4$ wicth is a very strong level both as mirror and a correction from the previous gap down (fibbo) 2.this explodes up to 6.8-6.9 to fill the gap then most likely crashes to 4...

MarketSeaman Updated 

Beat earnings ,is oversold,is on support right now it sells at 99 so for longer term aim is 120 sl somewhere at 94.8 but il wait a bit to avoid ay irratic movement like the last earnings report.

MarketSeaman Updated 

Reasons for trade 1.Lower end of channel 2.Previous resistance may act as support. 3.50 EMA that the stock usually retraces 4.Stockasticks oversold. R/R is almost 3-1 aim for 119 with SL at 98.5 will adjust accordingly with the open.Price may move lower to 100-101 but its still ok to open here for me.No holding through earnings.

MarketSeaman Updated 

FUNDUMENTALS:Company with very good potential especially with longer goals. general uptrend riding the 50 EMA and occusional touch on the 100EMA. TECHNICALS: 1.Mirror level at 100$ 2.Double bottom maybe triple forming 3.Stochasticks at low levels and oversold at 4h 4.Maybe a bullish doji on 4h? not confident about it though Wait for tomorrow open to see price...

MarketSeaman Updated 

FUNDUMENTALS: Price jumped from earnings surprise.Still the earnings were a loss and i think the general downtrend will keep going for some time(although it has lost some steam). TECHNICALS: 1.General downtrend 2.Strong mirror level (support now resistance ) at 25.7-25.8 level 3.200 EMA coming down 4.Stochasticks not overbought yet So..R/R is good will put around...

MarketSeaman Updated 

FUNDUMENTALS weak earnings but bullish overall gives opportunity for discount buy. TECHNICAL 1.On the 150 EMA that the price bounced the previous times 2.STOCKASTICKS oversold 3.Strong support at 215-218 level wait for a confirmation of reversal R/R is good.SL below the 150 EMA

MarketSeaman

1.Price in channel seems to bounce of lower support. 2.Triple bottom 3.Stochasticks oversold 4.Below EMA but 50 above 100 indicates an uptrend R/R seem reasonable to 3-1 stock has low volume.still R/R is worth.More usefull for strategy testing

MarketSeaman Updated 

Ok this stock idea doesnt fit my trading strategy.i was long from 16.7 to the first boom to 19s-20s and panick sold cause i had no idea where this was going to stop. FUNDUMENTALS.well no introductions needed.Its in a state of euphoria with analysts targets from 30to 50$. TECHNICALS.Now my reason for trading this.it seems to break over the all time high. My...

MarketSeaman Updated 

1.FUNDUMENTALS :BULLISH earnings,zacks recomm etc .At least for the time being 2.TECHNICAL NASDAQ:AKRX :BULLISH REASONS 4h and daily buy 1.EMA crossover with the 50 above 100 for the first time since late 2017 2.Strong support at 4.2 to 4.3 that was strong resistance before 3.Stockasticks oversold almost So SL wide to 3.7 TP will put to 6,5 The only bearish...

MarketSeaman Updated 

1.FUNDUMENTAL BULLISH (earnings mostly) 2.TECHNICALS 50 EMA OVER 100 Support of 185-189 level that was resistance before waiting for stockastcs oversold SL 184 TP AT 208 approximately Make it safer by wating for the possible simultaneous bounce of 50EMA and support zone as well as oversold rating.

MarketSeaman Updated 

So to be clear i am not a professional trader and im not qualified to give investing directions. Still i would like to share my view for Oil for the long term. On November 18 oil broke a long uptrend then on april 19 it finished what i think was a great correction till 65. From now on it seems it will at least at some time till the end of 2019 it will reach 45...

MarketSeaman Updated 

Two times the price broke up and did a false breakout.I think its going to do the same now. Its already lower then the 200 EMA. A bearish pin bar has formed. R/R is good. Open at 0,86 Sl 0.8623 TP 0.8528 Lets see how this plays out.

MarketSeaman

Price broke above to upper treadline.After a small pullback to 1.661 i believe it will trend up. Put the Sl close to the old resistance for a good R/R. You can open the trade earlier but i dont like the risk.

MarketSeaman Updated 

From a technical stanpoint we can see that GOLD has broken the acending channel that was moving. 1.One could say that in the daily chart a head and shoulders pattern has formed even though i won't use it in my plan. 2.A morning star candlestick maybe forming in the 4h timeframe so if that happens we should expect a pull back to the strong fibbo levels. 3.The...