Hi all, I am new to the site, new to Pine as well, so I am still just learning the language, but I was wondering how everyone feels about tuning strategies for specific symbols...fun and useful, or boring and inapplicable to future performance? Anyway, I won't link it here (not sure about rules), but I just finished my first strategy while learning the language...
Above 2007-2008 highs For traders they only need to wait for a retracement and go with the trend. For positions traders they need to determine if the price of the stock is too high compared with the PE Ratio and this is not my field, I'm not the one who decide Technical Analysis only provide good entry points This and the majority of my ideas need the support of...
Strong resistance level on Monthly chart combined with a 88.60% Fibo retracement suggest a short from current position. Will open a short position with SL at 107 and targeting a 50% retracement of a current movement, approximately 55 USD per share
Running stochastic divergence on lower trend line. Keeping it tight as momentum has already turned up, entry at 87.15. Tight stop is set at 86.40. Looking for a target of 89.50 - 92.00 (2.35% - 5.57%). As always, monitor your trades. While this set up is has a high probability of success, it does not guarantee it. Trade at your own risk.
MSI has been coiling and now that the stochastic returned to oversold and has turned back u, it's time to move. B: 85.00 S: 83.50 T: 87.02 - 89.59 (2.38% - 5.40%)
D1 - Price moving inside a channel and currently at the bottom of this channel. We have double wave inside the cycle which has now reached the bottom of the channel. Now we want to look for confirmations of bullish reversal. H4 - Price bounced from the magnet zone and also we have bullish divergence. H1 - We have two waves down, we can go long with the...
On Motorola, This is the last area for price to bounce from for the uptrend to hold. If we see a break/ close below 84.00 zone then price will be in a new downtrend. If price can close above 86. then I think we could see a retest of the highs at 92. but as of right now the Trend is up on the the daily timeframe still.
Green: Trigger Yellow: Target 1 Red: Target 2
$MSI, long a support bounce potentiel
Anticipating rally back up to $74 to put short on.
Looking Good To Go Short With TAke PRofits @ 73$ mark let us Se!!!!
it started to form descending triangle after weekly resistance breakout, so I am expecting more bullish action.
MSI expected to open at 69.25 for a Retest Gap. To learn to trade this strategy for free go to www.RealLifeTrading.com
After a protracted upturn, Motorola Solutions Inc. shares abruptly stalled, shifting to a long-term horizontal movement within the USD 58.77 – USD 67.50 band. As part of this flat trend the latest pattern is a diamond. Triangles, in line with the Elliott Wave Theory, are usually the last patterns in corrective two and three patterns. Consequently, the name can be...