Nice little set of circumstances for a long trade. I believe that the uptrend was exuberant in all it's right... And buyers over time, will seep their way back into this stock. 1. Candlestick signal on the 200MA 2. We are retesting a previous resistance turned support line at the same level. 3. We have had new higher highs and higher lows. 4. We have been in...
Friends, Looking for an entry to the upside, waiting for a downside pullback first before I commit any funds here. Looking for the pullback to come in at around 34.40's I want to see a move down one more time, and to see some criteria filled to get me into this stock, these notes are found on the chart. A lot of average traders would see the last couple days of...
Had a nice time with NFLX since April. I like how I've not even had the slightest risk of stop out in anyway. I've categorised this Stock as long, but the stock is at highs, so this isn't so much a recommendation to buy and sell, buy if you own a position, you may add to your position at the level we are at now out, getting a new position at this level is at your...
Friends, Looking very bearish, pullback gave a potential bullish reversal signal, (a morning star) but failed and received a bearish engulf at a level where reversal was expected. Bearish for now
You shouldn't be looking to make a trade in this area, as it's argumentatively neutral. But at the moment, it's neutral, unless proven otherwise.
Friends Indicative of a new trend direction. Liking the higher lows and higher highs. Double bottoming at 61.8 retrace, partially expecting an up move off of this level, off of the bullish engulfing signal. Thanks Tom
Friends, You may have noticed my ideas are not published in the most viewing friendly way recently. Frankly, it's because trading view has been shit for me recently and it barely lets me publish anything, and when it actually decides to let me publish, I'm always zoomed in, or some other unlucky co incidence which makes the idea harder to view. Shocking. Rant...
Friends, Please zoom out of this chart to see the idea properly. Expecting nice move off of this level, todays trading session was the buying day, which I did. still room to buy into bullish sentiment, Expecting a move to top of a ascending wedge which is holding well, which also will bring us to extension level to complete a three drivers pattern. A nice...
Friends, Long has not confirmed so far. What if it opens lower and the previous long idea fails? This is where the best traders will be able to totally change their perspective and go the other direction without hesitation. Proper traders will realise if this long failed off a Fibonacci confluence zone, A double bottom, and failed at a long term major moving...
Friends, Seeing this set up should have your alarm bells ringing!!, worst joke ever... (ADT is a security alarms provider, for those who don't know...) The odds, if this trade confirms, of this trade going higher, must be 90 percent +++++. If price jolts up tomorrow, it will jerk the stochastic into a spontaneous inconspicuous bullish divergence, solidifying...
We could see a move up from this level to channel support turned resistance and a move down... Or a continuation below strong key hidden support levels and a move to the downside, probably hitting expected typical measurement targets. PLEASE NOTE: Please take a look at my idea on USDCHF. I posted early in the morning when no one was awake for hours, and everyone...
Friends, USDCHF is currently neutral, and anyone who thinks otherwise is an idiot, if i'm honest. We will either see a retest to the channel top and major MA's and a move to channel bottom, or extended target Or, we will see a break above the MA's and channel top simultaneously confirming a clear bullish flag pattern. Good luck trading, Tom
Friends, Looks like a safe time to look to buy GM for many reasons, as outlined on the chart. Liking the strong confluence, strong MA test, and the accumulation at the 200 which gives more clarity. Good luck trading, Tom
A nice, high probability long to the upside, I'm expecting a move to the Fibonacci confluence zone. Or, if this level is broken, I'm expecting a move to the top of the ascending channel.
Friends, We're at a potential level where we could see an upcoming trade coming up. We are now waiting to see the outcome of this, whether we will be going long or short. If we see downside movement, through the support line, we can short to the channel bottom and keep hold anticipating channel bottom, and channel break. If we see the price retest off the...
Friends We are testing an important support resistance level, along with the 200MA. A confirmed retest might being us into even higher highs, but we will see. rest of the notes on chart. Regards Tom
Notes on chart, very good time for short term pops, as well as long term holds. Tom
Friends, We've seen dynamic resistance broken, higher structure highs, and we may now see the main resistance level broken as well. An open above 40.30's could symbolise a safe opportunity to get long in this stock with very low downside risk. NOTE: I forgot to add something very important. We had really nice reversal rejection candles at the bottom of the...