I do concentrate only on trend assessment so traders could make a sequence of profitable trades to exploit full trend capacity. Arguments: 1. The price is consolidating above and near MA200 and longer ones. 2. Adjusted Supertrend (made by KivancOzbilgic) and adjusted to MA200 (SMA#5) with ATR Multiplier 1, 2 and 3. 3. Regarding Ichimoku Cloud: we have crossed...
I do concentrate only on trend assessment so traders could make a sequence of profitable trades to exploit full trend capacity. 1. Primary trend is bearish (red channel). It is a fact until it is broken and confirmed. As of now there are no indications of trend reversal. 2. The price is consolidating below MA200 and longer ones. 3. Regarding Ichimoku Cloud: we...
I do concentrate only on trend assessment so traders could make a sequence of profitable trades to exploit full trend capacity. Arguments: 1. Primary trend is bearish (red channel). It is a fact until it is broken and confirmed. The secondary one is bullish (green channel). 2. The price is consolidating above and near MA200 and longer ones. 3. Regarding...
1) Targets: #1 TP - $94 #2 TP - $75 #3 TP - $36 #4 TP - $14 #5 TP - $7 #6 TP - $2 2) Revenues are falling due to current conditions in solar industry. Look at peer companies (either layoffs or reorganizations). Most of the analysts revised targets downward. 3) We are in downtrend. Don't fight it, just follow it. As of now there are no indications of trend...
1. Weekly bullish divergence 2. Trying to break the downward channel. (trading near resistance line) 3. WT_LB indicates trading at oversold band 4. MA is not yet confirmed and I am going to wait until I see a change to green line (potentially will happen at earnings release date) 5. Both gaps were filled based on previous analysis. There are risks. Do your...
BIDU has been moving in an Ascending Channel since November 2022, providing a bullish sentiment. It has tested the lower bound of this channel, near the 0.5 Fibonacci level, and seems to be holding it as support. The 50-day moving average crossing over the 200-day moving average back in February strengthens this bullish bias. However, the price is currently below...
Overview JD.com (JD) is currently trading below its 200-day moving average (MA), but slightly under its 50-day MA, suggesting a potential opportunity for a bullish strategy. The stock has recently broken out of a falling wedge pattern, a bullish signal, which was accompanied by a surge in trading volume, reinforcing the strength of the breakout. Technical...
As we dig deep into the technical landscape of SE, a compelling trading scenario emerges, presenting an intriguing opportunity for traders who can handle a bit of volatility. Firstly, we're seeing the 200-day Moving Average (MA200) positioned below the current price level, a classic bullish sign in technical analysis. This demonstrates a long-term upward trend,...
The technical outlook for MMM remains weak and the bearish momentum is showing no signs of abating. The price has been steadily declining, and multiple indicators suggest that this trend is likely to continue. Firstly, the Moving Averages (MA) are in a bearish alignment, with the short-term MA trading well below the long-term MA. This is a classic sign of a...
1. Just to lay out the possible trading ranges to exploit on weekly timeframe. 2. Probably CM has confirmed primary trend reversal if not invalidated by consolidating under $80. 3. Targets are indicated 4. Stop loss is a consolidation under range of $80
SPX is on track to test its channel's support line which is substantiated with CM_Ultimat_MA's reversal to red trajectory. This key testing event (at 1950-3980) will determine whether SPX continues its current bullish secondary trend or switches to a bearish stance which started in Jan'22. Most probably MA 200 are to be acted upon as a support level. So potential...
1. We have two channels: ascending and descending 2. As of now we do not have confirmation 3. Entering the position only based on a confirmation 4. IMHO probability of ascending channel (70%) and descending (30%) 5. DYOR and calculate risks. SL consider yourself. 6. Stay away from entering the position until use see clearly where we are heading to
Trading plan: 1. Wait until CM_Ultimater_MA_MFT_V2 indicates a reversal of secondary daily trend. This indication will be confirmed by change of the color of MA from red to green. Primary trend is still bearish until confirmed to be bullish. 2. CM_Williams_Vix_Fix at local daily bottom which can be seen as a confirmation of the reversal secondary bearish trend...
Trading plan: 1. CM_Williams_Vix_Fix at local monthly bottom which can be seen as a confirmation of the primary bearish trend which started on May 21, 2021. 2. WT_LB is below oversold band which is also on monthly timeframe is indicating a primary trend reversal. 3. I will start accumulating within the range 27-23 but if it will start consolidating below 22 then...
Trading plan: 1. Wait until CM_Ultimater_MA_MFT_V2 indicates a reversal of secondary daily trend. This indication will be confirmed by change of the color of MA from red to green. Primary trend is still bearish until confirmed to be bullish. 2. CM_Williams_Vix_Fix at local daily bottom which can be seen as a confirmation of the reversal secondary bearish...
1. WT_LB is below oversold line 2. CM Williams Vix Fix is in oversold area 3. SQZMOM weekly divergence
1. Probable break out of resistance zone. Consolidation. 2. Inverse candles Triangle Break out. Consolidating at lower side of triangle DYOR. Just my look at different inverse look.
1. Weekly Falling Wedge Breakout with a retest at $1.7-$1.6 at lower volume. 2. Fundamentally sound. Simply the variable that it is a Chinese Company makes it so undervalued. 3. CM Williams Vix Fix and WT_LB indicate significant oversold position. Look the combination of these two tools on other companies as well. Works statistically 72%.