As we see, AKS is in an uptrend. Last correction should be over now or anytime soon. We can see nice swings in the past and I am riding the next swing to the future. Target is anywhere above last high. al always, do your own homework, don't trust me, am not the pope of trading =)
As we see, there is a very long trend with small consolidations. Interesting is, entry and exit of consolidation is the same price (marked with blue and teal arrows). Setup: I want to ride that incoming long wave. In the past the breakouts were at least 10-15 up to 40 and more USD. Entry trigger: If price drops to entry level of consolidation, thats when I...
As always, I am looking for the main trend first, next I see a little secondary up trend, and then the main trend will take the wheel again at the resistance. I would say in about tow or three days there's an entry to short if the signals are given. Please always do you own due diligence and do not blindly follow any leader!
As history repeats, i suppose that soon the price will hit the resistance and then start the breakout downwards. In the 4 hour chart we should see quite easily what happens. Let me know what you are thinking!
As a trend follower, I am prepared for this one to go down soon. If the situation right now should be an turnaround, I would wait for it to break the second resistance, and confirm that, and then go long. What is tradingview thinking?
Usually I don't like this kind of setup when price is in the middle of nowhere, but in this case I can see two possible entries. if the resistance breaks, there's a long entry, if it holds and the price bounces back, this means I will short this market. For the very patient ones upon you, wait till price hits the top of the channel and then you could short this...
Three scenarios i can see, each one tending for a break out. Scenario one is the most "unstable" since the breakout could be long and short Scenarios 2 and 3 will be long. We have a nice wedge coming additionally we got that cup already, so chances are good. I'd like to hear your opinions on this chart
As we can see, there's always a consolidation before an breakout. Since the trend keeps going, wait for the next candle to close above the resistance, thats my entry. if there is a sign for trend reversal, it is a good short oportunity!
give this thing a few more days, and see if its a false or a real breakout! If its real, go and long this bad boy, if its false, take a quick short swing ;-) To me, it looks like massive breakout after this very long consolidation. Give me replys!
As we can see, the channel is broken, and the heavy resistance as well (look up the weekly chart for a bigger timeframe!). I believe we have a good chance for this stock to go up and even with an SL around 1.85 and TP at round 2.86 there is a risk/reward close to 1:2 So at best, wait for the pullback, to make sure its not a false breakout. I already went in on...