MACD Cross is in play. Volume has increased a lot this week. 1Y Beta is @ 1.78, which is very good for this stock. This week could be your Entry week if stock retest levels mentioned on chart. Good change it might too. Overall looks good till Swing High.
MACD is going to cross pretty soon in the coming days. Once Cross is done, should open new entry levels for next leg up. Good chance the stock can easily retouch its Swing High. Try to take entries only after MACD Cross completes successfully. Stock's fundamentals looks promising too.
Stock has been under consolidation since 6 months. MACD Cross seems to be in play. But has tried crossing since 3 months now. Lets wait for the MACD Cross to happen successfully and the consolidation could complete around same time. Stock has been having multiple good Earnings. This should definitely take it to new highs. Keep a close eye.
Hi guys! This is a Macro analysis on Upwork (UPWK). Macro meaning larger timeframe aka the 1 week in this instance. Alot of stocks are down fromt heir previous tops. Which means potentials for longterm gains for many names are possible. I try to make sense if things have the technical signs to buy or not. For UPWK -> some interesting signs were observed. It was...
AMEX:SPY 4hr chart. A deeper look into previous posts.
ie minimize risk by buying positions when both MAs(price action) fits macd potential. Divergence is bearish. maximize gains by ONLY buying good positions.
Hey folks, posting this here for you to tinker with. It's a simple trading strategy idea I have using the Moving Average Convergence Divergence (MACD) indicator for signals on when to enter and exit trades. Let's break down the key components of your strategy: Inputs for MACD Calculation: fastLength: The number of periods to use for the fast moving average in...
Followed plan for the most part. Daily MACD looking prime for bullish cross to the upside on a double cross over pattern. This is a major area of support from where previously we saw a rapid extension to 0.5 from 0.18. Plenty of upside movement meaning that sellers are wary of stepping in the way and buyers are entering large positions at this point. Today (6th...
On this 1H chart for CHFJPY we can notice that the price has been moving in an up trend channel for a while now. Recently it dropped to test the up trend support. At this stage the price is forming a potential double bottom. Monitor it for a potential breakout. Additional confluences: - MACD can produce a bullish cross if the price starts going up to complete...
The price of GBPAUD has formed a potential double top on the 4H Chart Additional confluences: - The pattern is happening at a strong reisstance range created from multiple previous low points in the price - The 2 tops are showing rejection from the 0.618 Fib level - The MACD has formed a bearish cross around the middle of the formation of the double top chart pattern
With COMEX:UX1! spot prices surging by nearly 50%, the performance of NYSE:CCJ has been nothing short of remarkable since it broke out of the wedge pattern in June this year. A significant increase in trading volume further exemplifies this rally. As uranium spot prices continue to show potential for further gains, the question arises: can NYSE:CCJ ...
Hey there, fellow crypto enthusiasts! 🚀 Let's dive right into the exciting world of cryptocurrency trading with a focus on #STMX (StormX) and its recent 1-hour performance that has got us all buzzing! 📈💥 So, here's the scoop: #STMX has just pulled off a perfect golden pocket bounce on the 1-hour chart. 🌟 What's that, you ask? Well, my friends, it's a pretty cool...
From time to time I publish such ideas. The situation flowing from one timeframe to another timeframe. So we have a correction, which may first lead the bitcoin to the area of $ 25,200-25,000... This process may well take the rest of the week or more. But! Look at the weekly chart with MACD on. A «bad» cross may well form, if not this week, then as early as next...
Hi guys. This is a MACRO Technical Analysis on Netflix (NFLX) on the 1 Week TImeframe. This week we have TESTED Support on the 21 EMA and the Support trendline of the UPTREND channel. Netflix is heavily supported not only by these 2 mentioned SUPPORT lines but also a 3rd Support, the black horizontal support line as well. Everytime we've touched the Support...
Palo Alto Networks is a cybersecurity company that provides advanced security solutions to organizations worldwide. I don't think they're going anywhere for a while and are very established already with multiple deals and have been on point with their financials and earnings. We're looking for a break out of the consolidating 238-240 range which already...
Symbol: CSE:BTC Blue sky is a prime example of a dormant stock about to bounce! Note the illustrated section where it notes crossing the MACD and I believe an upward trend to 0.06+ in near future, possibly the next two weeks! BTC = Buy in my opinion Note: This is not financial advice and I am not a financial advisor! Do your own research!
BTC made a cross of the middle lines on the weekly MACD. It always works reliably. We can see that it also falls out of the channel. There was a lot of growth confidence. The market did its usual trick, went against it.
The price is currently trading just below 200SMMA as the key resistance under the assumption that its major 4-wave triangle breakout could be possible with double bottom pattern and MACD golden cross. This bullish scenario has the downside is -8% and the upside is +10 - 20% with RRR: 1.5-2:1.