OnePointScalp

OnePointScalp Jun 2, 2021

MACD crossover, divergence, and angle upward. CCI above zero and angled upward as well. Breakout and pullback testing Trendline resistance. TTM daily in Squeeze. Risky move: Enter $43 and scale out at TP1 , TP2. Conservative move: Wait for solid confirmation: MACD both cross above zero. Candlestick showing some bullish pattern.

OnePointScalp Updated  May 17, 2021

Diminishing downward momentum. Could see short term bounce off at key level $107-$108. But it looks like there will be a steeper A-B-C downward retracement to Fib 0.5 to complete Wave 4. If it held and shows bullish pattern off $102, could be a nice entry spot. Otherwise my goodness it could further dip to Fib 0.5 $96. That will be a really sweet discounted...

OnePointScalp Updated  May 17, 2021

Starting Wave 5. Projected profit target $21. Resistance $17.50. MACD crossed. EMA upward angle and break out SMA 50. RSI on the rise. Volume confirms upward momentum. Stop Loss $15.

OnePointScalp Updated  May 17, 2021

Break out of resistance trend line. Completed Wave 4 and beginning of Wave 5. MACD crossed and diverged. Above SMA 50. All angles up. Looks good toward first Fib target $52. Entry around $44.50, Stop Loss $40. Happy earning!

OnePointScalp Updated  May 17, 2021

Usually with each sub-wave, the algo will retrace to 38.2% - 50% level. Looks like this is the major Wave 3 A-B-C correction. Based on previous historical behavior, it could further dip to the yellow zone 41,271-43,636. Might be great entry zone.

OnePointScalp Mar 28, 2021

It has been trending down since Feb 16th. And finally showing a big bull candle break through trend line. Two scenarios: 1) Continue to rise and test resistance at $121. If it breaks, then the correction is done. And the begin of Wave 5. Or 2) If next couple of days it shows us bearish candles, retest previous low of $108 and failed to hold, we will see...

OnePointScalp Updated  Mar 9, 2021

Wave 5 retraced to Fib 0.62 $201 key support level. Previous low at $191. Strong support zone $191-$201. 3rd time it touched this zone. $191-$201 could be a sweet spot to enter for long. Watch for MACD crossover and some nice bullish pattern before entering. Profit target $240.

OnePointScalp Updated  Mar 9, 2021

Heavy sell off and no sign of upward momentum. All MA downward angles. Downward momentum is strong within channel. Still making LH LL. Key support $158.35. Until it bounces off this level and shows some bullish candle patterns, I am cautious. Preferred entry zone is below $160. Stop loss $156. But I would not take this trade yet. Very risky. It could...

OnePointScalp Mar 3, 2021

Wave 3 correction to Wave 4. Hit Fib 0.61 retracement level. Could it be the end of Wave 4? Might see price lingering within $3.29-2.99. Until it bounces off $3.29 and shows bullish sign, currently a downward momentum. Stop Loss $2.4. Profit $4.2. $4.2 is key resistance level. Once breakout then Fib Ext 61.8% at $5.25.

OnePointScalp Feb 28, 2021

Retrace to 0.62 level. Should get ready to enter for long position. $40,500-$42,000 is key support area. Looks very high probability it will go up in short term. Pennant form and measured target plotted.

OnePointScalp Feb 25, 2021

Short term wise, I am seeing a downward post Wave 5 A-B-C correction. Until "C" is confirmed, unable to see where is the Profit Target. First support zone SP2, if failed to hold, will continue to dip to SP1. If SP1 does not hold, watch the ultimate Life Line bottom. Very cheap to enter at Life Line. Extremely strong resistance area $2.7-$2.89. It rejects...

OnePointScalp Updated  Feb 25, 2021

Currently in Wave 3 consolidation to Fib 0.5. If Trend Line does not hold, may dip first to 50 SMA Support and further to Fib 0.62. If price ever gets to Entry Zone, may enter at 50 SMA Support or Fib .62 $15.26.

OnePointScalp Updated  Feb 25, 2021

Currently at Wave 3 consolidation A-B-C. Touched 50 SMA support. Might dip to Fib .38 at $1703. First level of support at $1770. If cannot hold, will further to Fib .38 Level. Great entry zone for long term.

OnePointScalp Feb 25, 2021

Beginning of Wave 5 and final wave for you to catch some profit. Will see sluggish resistance area. If ever breakout, exit at TP1 and TP2. Or if you are willing to hold, Fib is looking to soar to $1.29-$1.64.

OnePointScalp Feb 25, 2021

Healthy uptrend momentum within channel. End of Wave 5 A-B-C and should be the beginning of new wave. Enter at support trend line until $11.70. First resistance zone $11.97-$12.59. If ever breakout, we are looking a nice Profit Target below $16.00.

OnePointScalp Feb 23, 2021

Heavy downward trend. Currently in Wave 3 consolidation A-B-C. If 1st Support Zone do not hold, will further dip to Entry Zone. If it ever gets to entry zone, good for long term

OnePointScalp Feb 20, 2021

Very strong downtrend momentum. All EMA 8/21/50 showing downward angles. Could be at end of Wave 3. Might see pullback to $5 in short term. Not for long term candidate at this moment. Price could be cheaper until Wave 5.

OnePointScalp Feb 20, 2021

In Wave 3 pullback to 50 SMA. Enter when price touch/above at 50 EMA. Current in Wave 3. Scaling: 1st Target $10.34. 2nd Target $13.48.