Trade setup : After a bearish breakout from Channel Up pattern, price has pulled back to $13.00. However, it remains in an Uptrend. Momentum is inflecting bullish again (MACD Histogram rising) and price could swing back up to $16.75 for +25% potential upside. Stop Loss (SL) level at $11.90. Trend : Downtrend on Short-Term basis and Uptrend on Medium- and...
Trade setup : Trends are mixed but long-term still appears in an Uptrend with Higher Highs and Higher Lows. Bullish breakout from a Descending Triangle pattern could see price swing up to $0.65-$0.68 near term and possibly $0.80 thereafter. Stop Loss (SL) level at $0.55. Pattern : Price is trading in a Descending Triangle pattern. Typically, a breakout will...
Trade setup : Price remains in an Uptrend. It’s trading in a Channel Up pattern. Swing Traders can enter near channel support trendline, which is also near $105 horizontal support, and exit near channel resistance trendline (~$150). Stop Loss (SL) level at $93. Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe...
Trade setup : Price remains in an Uptrend. It got rejected at $2.50 resistance and is consolidating in a Falling Wedge pattern. We wait for a breakout. In case of a bullish breakout in the direction of existing Uptrend, price could revisit $2.50. Also, notice that price is approaching a robust support zone around $1.55 and 200-day moving average. Patterns : ...
Trade setup : Trends are mixed but long-term still appears in an Uptrend with Higher Highs and Higher Lows. It reached $0.80 resistance but got rejected 2x (Double Top pattern – bearish) and pulled back. Now it’s consolidating in a Descending Triangle pattern. We wait for a breakout in either direction. Bullish breakout could see the price revisit $0.80, while a...
Trade setup : Price remains in an Uptrend. We would be buyers on pullbacks near $0.25 support area, which is also near its up trendline, and could be an attractive swing entry in Uptrend, with +20% upside potential $0.30 near-term. Stop Loss (SL) level at $0.215. Trend : Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis. Momentum is...
Trade setup : Price remains in an Uptrend. It’s trading in a Channel Up pattern. Swing Traders can enter near channel support trendline, which is also near $105 horizontal support, and exit near channel resistance trendline (~$150). Stop Loss (SL) level at $93. Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe...
Trade setup : Price remains in an Uptrend. It got rejected at $2.50 resistance and is consolidating in a Falling Wedge pattern. We wait for a breakout. In case of a bullish breakout in the direction of existing Uptrend, price could revisit $2.50. Also, notice that price is approaching a robust support zone around $1.55 and 200-day moving average. Pattern : ...
Trade setup : Price remains in an Uptrend. It reached $0.80 resistance but got rejected 2x (Double Top pattern – bearish) and pulled back, breaking below $0.65-0.68 key level. We would be buyers near $0.57 support, which could be a swing trade entry opportunity in Uptrend, with +15% upside potential back to $0.65-$0.65 near-term. Stop Loss (SL) level at $0.52. ...
Trade setup : Price remains in an Uptrend. We would be buyers on pullbacks near $0.25 support area, which is also near its up trendline, and could be an attractive swing entry in Uptrend, with +20% upside potential $0.30 near-term. Stop Loss (SL) level at $0.22. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD...
Trade setup : Price remains in an Uptrend. It’s trading in a Channel Up pattern. Near term, if price breaks back above $130, it could revisit $150 for +15% upside potential. Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price...
Trade setup : Price remains in an Uptrend. It got rejected at $2.50 resistance and pulled back, which could be another swing trade entry in Uptrend with upside potential back to $2.50. Stop Loss (SL) level at $1.68. Previously, following a bullish breakout from a Descending Triangle pattern, price signaled continuation of uptrend. Trend : Uptrend across all time...
Trade setup : Bullish break above $500 resistance signals continuation of uptrend, with +20% potential upside to $600 next. The $500 level was where price got rejected in early March, hence, that’s a key level. Stop Loss (SL) level at $460. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD...
Trade setup : Price is in an Uptrend, showing relative strength as it continues to advance even during an overall market correction. We would be buyers on pullbacks to Channel support trendline (~$16.00). Stop Loss (SL) at $14.50. Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain...
Trade setup : Price remains in an Uptrend. It has broken back above $12.00 resistance to signal resumption of uptrend, with +20% upside potential to $14.30, where it got rejected 2x (Double Top) in March. Stop Loss (SL) level at $10.60. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal...
Trade setup : Price remains in an Uptrend. Following a failed break above $0.30 resistance, price is approaching $0.25 support area, which could be an attractive swing entry in Uptrend, with +20% upside potential $0.30 near-term. Stop Loss (SL) level at $0.22. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD...
Trade setup : Bullish breakout from a Bullish Pennant pattern, in the direction of the existing Uptrend. Price could revisit $500 for +10% upside potential or higher. Stop Loss (SL) level at $415. Pattern : Bullish Pennant - forms typically following a sharp advance, followed by a brief triangular shaped consolidation in price (a small change in direction),...
Trade setup : Price remains in an Uptrend. Following a failed break above $0.30 resistance, price is approaching $0.20 support area, which could be an attractive swing entry in Uptrend, with +25% upside potential to $0.25 near-term and +50% to $0.30 mid-term. Stop Loss (SL) level at $0.18. Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term...