Nice 50 moving average multiple bounces. Tried to move higher after 120.00 level breakout. Multiple retests of the broken level. Looks ready to move higher.
Nice relative strength in this one. Clear Flag setup. I expect it trading over yesterday's close and break through 45.00 First target 50.00, S/L 42.00
Nice looking technical formation. Breakout + Volume increases. Holding 20MA and 50MA. Stop Loss 96.00, may consider to cut some loses if it drops under 100.00. Take profit 110 - 115.
Waiting for 86.00 breakout. After breakout will set stop loss 82.00 Target 95, 100
Mid-term idea. Nice bounce back to the demand zone 210-220. Let's see how the price will act on these levels.
Pretty good trend continuation pattern forming here. 54.00-55.00 still remains strong support zone. So I consider that S/L here 53.50. Long-term idea.
BA is forming wedge, quite similar to one set up few months ago.
Entry price 80.00 Stop loss 76.00 Solar stocks were the first ones had showed relative strength and bounced of the bottom. Very constructive setup, risk 5%.
We can see a nice wedge breakouts on rising volume in airlines. Fundamentally, we should take into a consideration deffered demand on trips due to COVID restrictions. Combined with Technical Analysis it means that airlines have space to growth. I am publishing this idea a bit later then I should, but still it is a great buy opportunity. Keep in mind your possible...
Main support levels 58.00 - 60.00. Max stop loss is 56.00 For this week, I will keep focus on banks. Good formations among stocks from this sector, nice relative strength.
Regardless unstable market situation, last couple days renewable energy showing signs of potential growth. Remember these stocks are still in down trend. Keep your risks low.
NYSE:SCCO We can see a wedge breakout on heavy volume, small decline and retest. Probably, it is a second chance to enter long on this price level.
WDC has formed very nice cup and handle pattern and started to move higher, breaking resistance zone which is 73.00 on heavy volume. The trading strategy for now is to buy and hold (stop loss 68.00), possibly it will retest the broken resistance. In case of retest I will provide an update. The TA is exellent for this stock and fundamentals as well, because CHIA...
Financial sector looks pretty good, showing relative strength, despite choppy market. Nice wedge breakout on heavy volume, with excellent mirror support level retest. We are looking for 71.30 level breakout. SL 67.80