Top trading idea for next week(s)!
NASDAQ:TGTX already proved itself with a strong performance YTD of 125% (and 580% in a year).
The stock is in a clear stage 2 uptrend and is now consolidating in between the 21 day MA and 50 day EMA on lower volume (check weekly chart).
Has the fundamentals.
A few more days of tight consolidation or a quick retest of the 50...
After a negative reaction to last earning of Air Bnb, a short episodic pivot has formed on the daily chart.
It still could need a day or two, until the 10day MA has caught up with the price.
Entry:
- break of 104.55 level (pivot point)
- Aggresive: touch of 10 ma (if it goes up tommorow)
Stop loss:
- Break of 10 ma
-Aggresive: upward break of pivot point
Since the market seems to be in a 'confirmed' uptrend (HH & HL + increase in breadth), it's time to be bullish again!
Top idea for next week: Wynn Resorts ( NASDAQ:WYNN )
Buy with break of the High of the day c. 110.4
Reasons:
- Double inside day in the upper wick of a positive High Volume candle (analyst upgrade and positive news) + confluence of 10,21 and...
Dear all,
In a weak market, I look for stage 4 breakouts and continuation pattersn (based on the famous Stan Weinstein).
I try to look for bear flags that fall together with downsloping 50 day sma (or at least very close, a few %s).
Roblox had a gap down 15dec on big volume, price is now trying to fill the gap.
While it is trying to fill the gap it is forming a...
Dear all,
In a weak market, I look for stage 4 breakouts and continuation pattersn (based on the famous Stan Weinstein).
I try to look for bear flags that fall together with downsloping 50 day sma (or at least very close, a few %s).
This is the case for UPS.
After a last few good months for UPS, a possible bear flag is forming that coincides with a...
Dear all,
Another name that is probably setting up for stage 4 in the energy sector, this time a uranium name: $CCJ.
After consolidating a stage 3 for almost a year and forming, kind of a sloping head and shoulder pattern and loss of the longer term trendline this week, it is time for a stage 4 decline.
Things to consider for a stage 4:
- declining 30 week Ma...
Following stage anlysis by Stan Weinstein, $DVN is on the verge of moving into a stage 4 decline. The SPDR S&P Oil & Gas Exploration & Production ETF ($XOP) is also showing weakness.
Although AMEX:XOP showed relative strenght last week, it resides underneath the 30 WMA and it's starting to curl downward.
If $XOP can't reclaim the 30 WMA on this pullback, this...
On 18/11 I added calls for next januari and june.
Closed half my position on 23/11 around $104, because of the lower volume at the beginning of the day and the good run it had the past days.
When the price drops below the short term trend line, i will close the other positions.
Pretty defence because it is still a choppy market/
Will keep monitoring MNST to...
Nice secondary entry to add to your position.
After breaking out of the previous flag, price consolidated again for almost a week on decling volume.
Enter the stock if it moves over the high from the previous day.
Stoploss can be set at the low of the previous day (tight stop loss) or underneath the rising trend line (loose stop loss)
In a longer term...
Inverse head and shoulder clearly visible from the weekly chart.
Formation started in april/may 2021 --> big base, big breakout.
Showing strenght during weak day.
Above 10 & 30 EMA Weekly, in stage 2 (Stan Weinstein) since middle of october.
PEG on earnings (04/11)
Entered $105 jan calls @$99
Using AVWP of PEG as stop loss ($98)
good luck
Dear Tradingview Community
This areas already functioned as a support last week, when it bounced around the 18 mark.
The double bottom is the sign of a reversal but, this doesn't mean it's 100% sure it's gonna happen.
The current micro-economics (inflation and FED fear) don't look good for a lot of growth-stocks and a further slide down is still possible (but...
Hello Tradingview community,
I believe PLTR has yet not reached it's bottom during this pullback.
As seen on the chart palantir has been in a downtrend for almost a month (since the q3 earnings).
Around 18 there is a strong support (where PLTR bounced during the pullback in may), we will see next week if the support is strong enough.
If the downward channel gets...
Hey tradingview community,
This is my first publication so go easy on me.
RocketLab is showing bullish signals with an ascending parallel channel (Higher Highs & Higher Lows).
The next strong resistance is @ 16.18-16.30.
This resistance will probably be broken because of a cataclyst coming up: the reveal of Neutron on the 2nd december.
I think it's possible to...
