Earnings intraday trading strategy signal. Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, National Association that provides retail and commercial banking products and services. Today the company announced it had beat sales (1.75B, est. 1.68B) and EPS (0.55, est. 0.07) estimates. I suppose many traders will close their...
Earnings intraday trading strategy signal. Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies. Today the company announced it had beat sales (1.509B, est. 1.47B) and EPS (0.42, est. 0.36) estimates. I suppose many traders will close their short positions today due to the good earnings...
Bharti Airtel CMP 568 Target 574 SL 564
Would like to see price fill that price gap for a potential price rejection at the highlighted zone in the new trading day for a continuation higher. Might be an late London/early NY session setup.
In my yesterday’s post, I had said I need one more confirmation of close below 10560. This will confirm some sort of intermediate top. I am not sure about tomorrow, maybe a pause or continuation day. Overall this week has clear down bias. Any rise is selling opportunity as long as NIFTY does not close above 10820 I am still waiting for this confirmation. It...
IPO intraday trading strategy idea nCino is a leading global provider of cloud-based software for financial institutions. The share price is rising and gonna continue this trend today. The demand for shares of the company still looks higher than the supply. These and other conditions can cause a rise in the share price today. So I opened a long position from...
Citron following intraday trading strategy idea K12 Inc., a technology-based education company, together with its subsidiaries, provides online curriculum, software systems, and educational services to facilitate individualized learning for students primarily in kindergarten through 12th grade. The share price is rising and gonna continue this trend today after...
It is possible that EURGBP will continue its H4 downtrend to the lower support zone (around 0.888). The market is making lower highs and lower lows which is by definition a downtrend. A medium-to-large sized bearish candle closing below 0.89377 will be the signal to place a SELL on this currency pair with a stop loss placed just above the previous high (SL =...
Here we have a possible head and shoulders pattern forming on the H4 charts. The long wicked bullish candle on the right shoulder shows how price attempted to climb but struggled to even get past the left shoulder's high. Ultimately it formed a shooting star which is a good indication of a price reversal. A SELL order can be placed when the market opens providing...
Hey Everyone, Sharing my watchlist here for 13th July. Asian Paints in the first stock from my watch list. check the levels and consider to trade on it
Here we can see that CADCHF is in a clear H4 support zone. Trades can always be found at H4 support/resistance zones providing you use price action. As we can see price recently pushed down to 0.69020 but buying pressure caused the price to close within the support zone. This was then followed by a bullish candle. We need more confirmation here that price will...
In my yesterdays post I had said Even though the chart looks good, I have a bearish bias for tomorrow and Monday. This is mostly because the whipsaw we saw yesterday. If NIFTY manages to close above the new high by Monday, I’ll be wrong again. I’ll not short, but mostly observe if it crosses 10850. I’ll short NIFTY below 10730. Nothing changes in my view...
Watch out the trend line. If the price action breaks it affirmatively, a short intraday trade can be placed for around 20 points.
USD/CAD, correction is expected after a large march. RSI returns from the oversold zone, and with Fibonacci we can determine the target price for the correction. As always, I kept the great Risk-Reward ratio in mind. What do you think about this trade? I welcome your feedback.
3175-3150 been the range on spx most of the week looking for some downside here into Sell side $ as well as potentially the market open gap @ 3130... 50-60 pip risk... I like the RRR 50/100 (1:2) 50/200 (1:4) that's just the intraday targets not even considering the gap fill potential (instant profit 50 pips in 5 min, risk free trade - 10:15 AM EST) good risk...