The Omnicron variant has provided an investment opportunity in the travel sector. Prior to the emergence of Omnicron, Travel destinations were beginning to plan pathways for reopening. This gave confidence to the market that the future values of travel related stocks would be higher and as a result travel stocks recovered from pandemic market shock lows. Since...
When the decline began in early January, the 20 and 50 simple moving averages were the obvious levels of support. After those levels were broken and price gained momentum to the downside with big bearish candles, the next level of expected support was the 200 simple moving average. On January 21st, price sliced through the 200 simple moving average with ease and...
Futures opening slightly down at opening hours on Sunday night. Let's see if the price attempts a comeback towards the buy zone above 14680. Nevertheless, the price could get rejected at any time if a hard-selling wave occurs. Therefore, it's not time to be optimistic, but rather patient. Let's see what price tells us what to do. Keep a close eye on the key levels...
Voyager Digital Price Trend Analysis ($VOYG) as a way to see what has been going on with the company and what the future might look like for the price
Good evening traders! Tonight we look at the technical levels for trading stocks, cryptocurrencies, oil, gold, the US Dollar, Tesla, Apple, Exxon, and evaluate the thesis that cryptocurrency Alt Season may be soon. These are levels for trading in the upcoming week and represent the research traders should do in advance to find trading opportunities.
My ideas for Lightspeed Commerce ltd. as a way to try and navigate through the Squeeze and come out the other side with bags
For myself to track the movements of GoEasy ($GSY) during this current market dip
Divergent peaks formed (RSI) + sharp/volatile rejection at supply upon retest. I am expecting a 50%ish retracement to the upside (as shown) before the plummeting happens. TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY!
The DJIA has been moving in an upward channel since around mid-June 2021. Recently the index formed a long bullish hammer candle that successfully confirmed a significant support area of a rising window/gap at 33,175 (this is called the cluster of candles). All the last week candles closed over the lower boundary of the rising channel and the 0.236 Fibonacci...
Nice buying potential on Apple - H4/Daily charts. Nice mini H4/Daily bear flag forming, hold at demand and bounce upwards - breaking the flag. V. simple trade. Same Principle as the buys on USDZAR.
AMEX:SPY this week we are looking a possible price increase on the SPY, its about to clear MA 200 wich is an example of pass trade on the SPY.
Market Instrument: ABNB Timeframe: D1 Analysis: Technical Structure: Support and Trend Line Prediction: Bullish ABNB is on major support where we have seen a couple of strong bullish reversals formed. At the moment I have picked up a channel on the bearish trend formed and if we can find a good bullish reversal and a breakout on the trend line ( upper boundary )...
$IMTE bouncing off the 1618 retracement. This can go higher with the $SPY looking to reverse upward
As you can see, the market is still trying to mount a countertrend bounce. On January 24 buyers did seem ready to step and defend the 4250 level I highlighted last week, but if you look on the intraday the higher volume was on the down bars. A key takeaway from the price and volume action is while we may go higher in the short term, the SP500 is in a downtrend...
Technical Analysis and Outlook The index fulfilled our Outer Index Dip 4375, and Key Sup 4305 flagged earlier. This week's path also completed extended Outer Index Dip 4300 and created new Key Sup 4295. The index heading to newly created Mean Res 4445 may take the index to Mean Res 4550; however, a retest of the Outer Index Dip 4300 and new Key Sup 4295 is imminent.
After a huge gap, investors such as Bill Ackman even the CEO of Netflix are buying the dip in this strong support line in all extreme oversold levels. We expect the price to recover if there are no bigger corrections on the main indices. Netflix is experiencing less growth due to higher competition but the company still has good numbers. It's a buy and hold.
Market Instrument: AAPL Timeframe: D1 Analysis: Technical Structure: Bearish Triangle Prediction: Bullish With my previous update, I was expecting the AAPL prices to follow a bearish trend after breaking the key level highlighted. But the price showed up a strong reversal on the key level where it has broken through the upper boundary of the triangle formed. If...