Buysignal
Agilent looking for technology rallyMy models say the Fed cannot raise rates beyond 0.5 points tomorrow or they cannot be trusted in the future. We should see a quick rally to end this week and perhaps begin next week, before the reality of $6+ fuel prices set in again and we continue the bear market.
Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on June 10, 2022 with a closing price of 121.62.
If this instance is successful, that means the stock should rise to at least 122.53 which is the bottom of the larger green box. Three-quarters of all successful signals have the stock rise 2.205% from the signal closing price. This percentage is the bottom of the smaller green box. Half of all successful signals have the stock rise 3.812% which is the end point of the black dotted arrow. One-quarter of all successful signals have the stock rise 6.56% from the signal closing price which is the top of the smaller green box. The maximum rise on record would see a move to the top of the larger green box. These are the same concepts for the levels in the red boxes as well.
The ends/vertical sides of the boxes are determined in a similar fashion. The peak of the rise can occur as soon as the next trading bar after signal close, while the max rise occurs within the limit of study at 50 trading bars after the signal. A 0.4% rise must occur over the next 50 trading bars in order to be considered a success. Three-quarters of successful movement occur after at least 18 trading bars; half occur within 28 trading bars, and one-quarter require at least 38 trading bars.
The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement.
As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play).
$UCO ready to go higher after retesting broken resistance?Notes:
* Strong up trend due to macro situations
* Printed a Pocket Pivot as it bounced off of broken resistance
* Looks good on multiple time frames
Technicals:
Sector: Exchange Traded Fund
Relative Strength vs. Sector: 3.02
Relative Strength vs. SP500: 4.05
U/D Ratio: 1.62
Base Depth: 56.08%
Distance from breakout buy point: 4.42%
Volume 37.69% above its 15 day avg.
Trade Idea:
* You can enter now as the price just bounced off of the broken resistance with higher than average volume
* If you're looking for a better entry you look to buy around the $52.20 area
* Manage risk accordingly
$ETH Demand Zone, volume spike sellers are about to get squeezedIMO ETH is now setting up to be a potentially highly lucrative play, human emotion specially fear is an angle we will play off of to make money. Basic fib levels and or or movement indicate a bounce exactly at this level, worth that being said I expect to see some bouncing in price within a range before an actual breakout. PoS is inevitable and will address many issues ETH faces, L2 Dapps, data sharding, this is a once in a lifetime opportunity.
BUY SOLANA HERE !!!!3 of the most valid order blocks are shown on this chart (if you don't know what order block is, follow the link attached to this idea)
2 of them turned into strong resistance, price deviated them but never flip them as support again
The next one is located at $25 and I am very interested to buy some Solana at that price.
although this is a bear market you can catch a few 20% quick bounces in this market.
stay safe, wait for confirmation first.
MATICUSDTIf the blue range is engulfed in a short uptrend, we can have the mentality of an uptrend.
The price range of $ 0.5789 (yellow range) seems to be suitable for entering a trade in order to climb the price.
$RXST looking to head higher?Notes:
* Coming up on the right side of its base
* Volume increasing with price
* Two levels of resistance at which we can take partial profits.
Technicals:
Ticker: $RXST
Sector: Healthcare - Medical Devices
Relative Strength vs. Sector: 25.97
Relative Strength vs. SP500: 8.57
U/D Ratio: 1.7
Base Depth: 82.72%
Distance from breakout buy point: 1.65%
Volume -8.06% below its 15 day avg.
🔮 Top Gainers: $RDBX $EBET $ENSV $TNXP $SKYHRedbox Entertainment Inc. operates a network of self-service kiosks in the United States. It operates a network of approximately 38,000 self-service kiosks, where consumers could rent or purchase new-release DVDs and Blu-ray Discs. The company provides installation, merchandising, and break-fix services to other kiosk businesses. It also produces, acquires, and distributes movies through its film distribution label, Redbox Entertainment, LLC, providing rights to talent-led films that are distributed across the company's services, as well as through third party digital services. In addition, the company offers transactional and ad-supported digital streaming services, which include Redbox On Demand, a transactional service that provides digital rental or purchase of new release and catalog movies and TV content; Redbox Free On Demand, an ad-supported service providing free movies and TV shows on demand; and Redbox Free Live TV, an ad-supported television service giving access to approximately 100 linear channels. The company is based in Oakbrook Terrace, Illinois.
EBET, Inc. develops products and operates platforms to provide a real money online gambling experience focused on esports and competitive gaming. The company operates a portfolio of proprietary online casino and sportsbook brands consisting of Karamba, Hopa, Griffon Casino, BetTarget, Dansk777, and GenerationVIP. It also provides iGaming, which include online casino and table games, such as blackjack, virtual sport computer simulated games, and slot machines, as well as traditional sports betting. The company was formerly known as Esports Technologies, Inc. and changed its name to EBET, Inc. in May 2022. EBET, Inc. was incorporated in 2020 and is based in Las Vegas, Nevada.
Enservco Corporation, through its subsidiaries, provides well enhancement and fluid management services to the onshore oil and natural gas industry in the United States. It offers frac water heating, hot oiling, pressure testing, acidizing, bacteria and scale treatment, freshwater and saltwater hauling, fluid disposal, frac tank rental, well site construction, and other general oil field services. The company owns and operates a fleet of approximately 338 specialized trucks, trailers, frac tanks, and other well-site related equipment. It operates in the eastern United States region comprising the southern region of the Marcellus Shale formation and the Utica Shale formation in eastern Ohio; Rocky Mountain region consisting of western Colorado and southern Wyoming, central Wyoming, western North Dakota, and eastern Montana; and the Central United States region, including Eagle Ford Shale and Permian Basin in Texas. Enservco Corporation was incorporated in 1980 and is headquartered in Longmont, Colorado.
Tonix Pharmaceuticals Holding Corp., a clinical-stage biopharmaceutical company, focuses on discovering, acquiring, developing, and licensing therapeutics and diagnostics to treat and prevent human disease and alleviate suffering. Its portfolio includes immunology, rare disease, infectious disease, and central nervous system (CNS) product candidates. The company's immunology portfolio includes biologics to address organ transplant rejection, autoimmunity, and cancer, including TNX-1500, a humanized monoclonal antibody targeting CD40-ligand being developed for the prevention of allograft and xenograft rejection and for the treatment of autoimmune diseases. Its rare disease portfolio comprises TNX-2900 for the treatment of Prader-Willi syndrome. The company's infectious disease pipeline includes TNX-801, a vaccine to prevent smallpox and monkeypox; TNX-1840 and TNX-1850 that are live virus vaccines based on its recombinant pox vaccine (RPV) platform for COVID-19; TNX-3500, a small molecule antiviral drug to treat acute COVID-19; and TNX-102 SL, a small molecule drug to treat Long COVID, a chronic post-acute COVID-19 condition. Its CNS portfolio includes small molecules and biologics to treat pain, neurologic, psychiatric, and addiction conditions, including TNX-102 SL, which is in mid-Phase 3 development for the management of fibromyalgia; TNX-1900 that is in development for the prevention of migraine headache; and TNX-1300, a biologic designed to treat cocaine intoxication. The company was founded in 2007 and is headquartered in Chatham, New Jersey.
Sky Harbour Group Corporation operates as an aviation infrastructure development company in the United States. It develops, leases, and manages general aviation hangars for business aircraft. The company was founded in 2017 and is based in White Plains, New York.
XOM, Cup and Handle Break out ! Long above 92.05 !XOM is beautifully formed a classic cup and handle pattern.
So far, we have break out , pull back and only remaining point to safe entry is a bullish candle above 92.05.
First target which was obtained by adding the depth of cup ( shown as H on the chart ) to the break out line is 104-105 USD.
Please note the crude oil trend is also up therefore , it is reasonable for energy stocks to go up.
In terms of Elliott waves, XOM may see much higher prices especially in long terms . I will publish my broader view for the stock later and propose my wave count and related long term targets ( s.th close to 200 USD !! ). For now, I just tried to keep it as simple as possible.
Wish you nice profits.
$WCC ready to go higher?Notes:
* Great earnings in the recent quarters
* Strong up trend in the long run
* Price has been increasing along with volume
* Breaking out of a ~7 month base with higher than average volume
* Also breaking out with a pocket pivot
Technicals:
Ticker: $WCC
Sector: Industrials - Industrial Distribution
Relative Strength vs. Sector: 86.62
Relative Strength vs. SP500: 54.48
U/D Ratio: 1.05
Base Depth: 31.68%
Distance from breakout buy point: 2.1%
Volume 64.84% above its 15 day avg.
Trade Idea:
* You can enter now as the price just broke out of the base and is still close
* If you're looking for a better entry you can look for one around the $139.2 area as that should serve as short term support
* Manage risk accordingly
DJI - Correction continuing!!DJ:DJI Is continuing in this correction.
Now its broken the 78% level it looks as though we are headed towards the 382 level of 32400, with the ABCD level @ 32350.
I still believe we have one more move higher towards 34k, so watching these levels to look for that long trade.
I hope this helps. Enjoy the day.. 👍👍
$ASH ready to move higher?Notes:
* Great earnings track record
* Very strong up trend
* Pays out dividends
* Breaking out of a ~7 month base with higher than average volume along with printing a pocket pivot
Technicals:
* Sector: Basic Materials - Chemicals
* Relative Strength vs. Sector: 4.49
* Relative Strength vs. SP500: 6.32
* U/D Ratio: 1.38
* Base Depth: 29.41%
* Distance from breakout buy point: 0.42%
* Volume 205.16% above its 15 day avg.
Trade Idea:
* You can enter now as the price is just breaking out with high volume
* If you're looking for a better entry you can look for one around the $108.63 area
* Manage risk accordingly
$FBRT ready to move higher?* Coming up on the right side of its base
* Picking up on volume as it ascends in price
* Broke out of its inverse H&S pattern earlier and now is in a tight consolidation
* Three consecutive pocket pivots
* Forming a bull flag
Technicals:
Ticker: $FBRT
Sector: Real Estate - REIT - Mortgage
Relative Strength vs. Sector: 6.65
Relative Strength vs. SP500: 5.77
U/D Ratio: 1.91
Base Depth: 34.91%
Distance from breakout buy point: -4.67%
Volume 21.91% above its 15 day avg.
Trade idea:
* You can enter now as the price is still consolidating.
* Reason for entry is that the stock has been printing pocket pivots for the past three sessions in a row.
* This shows signs of accumulation which can also be seen in the high U/D ratio value.
* Manage risk accordingly
XLM 20% pump incoming, double bottom, hidden bullish divergenceXLM/USD current price $0.1467 cents, Short term bullish, Possible long trade.
Bullish divergence on RSI Daily chart. Dates Jan 22, 2022, May 12, 2022
XLM holding $0.12 cents with double bottom on the daily confirmed.
Next possible support price is $0.14 cents.
Stop loss at $0.1390 cents
Long trade possibility, buy zone $0.14 cents to $0.15 cents.
Sell target (1)
$0.1595
Sell target (2)
$0.1670
Sell target (3)
$0.1738
COINBASE:XLMUSD