Caught in the Triangle: There are two clear tradingmarks
Bullish Wedge + Hammer = Long???
I s this a longterm Breakout-Chance? Can Abbvie establish itself above71,5$, a longterm Breakout could be possible. A thinkable TP could be 90$! Cheers...
Nice Flag pattern with a good chance-risk-ratio:. entry could be > EMA200 @ 1,42, SL at the last lows < 1,15, TP1: 1,88, TP2 2,75 ..
Scotts Miracle Gro had a very strong upmomentum for many years. Two weeks ago Scotts was not able to overcometh the last High - the result is a Double Top . After testing the last High, Scotts made an ugly downgap, broke through it`s uptrend and kissed the EMA 200. Trading below that EMA is a very weak Signal. At the actual Level also is based the min....
After breaking the longterm uptrend @ 6,45 (2017-04-26) we dipped down to the next support Zone @ 5,80 (formed of former highs and lows). This Level was bought and a typical Retest of the Breakout Niveau (trendline) @ 6,6 (Ross Hook) followed. This Retest was sold immediatly. The next downwave broke through the Support @ 5,8 and made a new low near the EMA 200....
MMJ made-60% within 5 weeks. We are trading the second day below the EMA 200 - thats not really good! At present the RSI could soon generate a buying Signal - he is still oversold. But don`t Forget: We are in a classical falling-knife situation - there is still no bottom ahead...now it is important to recapture the EMA 200...above that Level we perhaps will see...
After the huge buying wave and a top at 0,93 the followong trading sessions disillusioned many Investors. We consolidated nearly the complete upwave. At present, we have reached the last support at the maximal correction fibo @ 0,471. If we break through that level, the flag is history. (normally a flag Ends at the MIN Level 38,2) If we could trigger the...
There is a nice bullish flag! Last week we dipped down to the flag body`s bottom edge and kissed the EMA 200 there. Buyers came into the market here! There are clear tradingmarks now: 1. Anticyclical Counter trade: Entry now, sl ~ 0,65 (near below the last low=flag Bodys bottom edge) and TP 0,9 = flag Bodys upper edge 2. Procyclical Breakout-Trade: entry>0,9 TP=...
The 38,2 Fibo stopped the drawdown. From this Level a ountermove started - but that move was not sustaiable. We are again trading near the last low @ 0,55AUD. Trading below that Level could initiate an ugly downwave, TP could be the EMA 90. The chart brightens with Prices > 0,7 - there a procyclical trade could be opened. Also thinkable is an anticyclical...
Corbus reached an important Support Level at 6,30 USD. If this Support does not hold, a dip down to 5,30 respective 4,50 should be planned. Watch the RSI
We saw a strict bullmarket since July 2016. This Trend ended with a Double Top @ 3,5 CAD. Since we made this DT, a shortterm downtrend was formed. The market seemed to be well secured at the Level ~ 2,5-2,6 - this supportzone was bought several times. A bullish flag was formed. But 4 days ago we left this Level and broke the big uptrend and the flag bodys bottom...
Oh Oh! I see a bearish flag! The trading marks at present should be very clear: If the support at 0,083 will be bought again: Stoppbuy > 0,106AUD --> TP: 0,142 AUD If we break tStoppsell < 0,083 AUD --> Flag TP = 0,05 = EMA 200 rough 0,083:
After breaking through the EMA 200 GWPH can be seen as a falling knife. Typically, the actual downwave will reach down to the min. correction fibo @ 98,95. Here a counterove could start with TP = BO-Level = 111$. Trading above 111-115$ would be a great bullish Signal. TP1:119 / TP2: 135 Trading below the 38,2 means aiming 86,93$ Watch the RSI, he is near a buying signal
Everry time we have kissed the EMA200 (Make or Break level) a sharp drop followed. Yesterday`s kiss was sold directly. In the longterm view it seems that INSY can peraps establish a kind of bottom between 8,7 & 10$. At the Moment, the Chart is still bearish - only trading above 13,7 respective 15$ will brighten the Chart.
CMED is trading since beginning of 2017 in Tradingbox 10,3 - 13,25. Two days ago, cmed broke through the BoxX´s bottom edge - a temporaily selloff followed. Yesterday CMED retested this BO-niveau but it was sold again immediatly. For a Long Setup, CMED has to recapture the box`s bottom edge. Trading above 10,35 ould break the shortterm downtrend and open the TP @...
Last week we dipped down to the dirst trading days low @ 1.48CAD. This Support was bought directly. There are two thinkable trading ideas: -Trading below last weeks low means making further lows: Idea: Stoppsell near below last weeks low @ 1,48CAD / SL near above this Level --> TP 1,25-1,3CAD -For a next upwave it is important to recapture the EMA 38. Only...