xauusdDepending on the correction mode, one can expect oscillation in a triangular channel
Re-testing the canal floor is not far off But due to the waves formed, this will not happen soon.
I expect an upward movement But this move will not be long.
Positive and negative news will confirm this price suffering.
You can wait if the pattern is formed to enter the purchase in the invalid cast doubt phase (a.b.c)
Buysetup
USDCAD Potential Bullish Reversal, LONG!USD has been in a downtrend for a while now it seems that the bears are exhausted and price is breaking lower Tf structures to the upside. In the upcoming week i will looking for a buying opportunity around 1.249 demand zone.
If you don't understand the structure do not trade.
Reviewing my last trade for 2021: $TRT 25%ish gainLuckily, I ended up 2021 with a win. It was a modest one but given how tough the trading environment was back in December for the long side (likewise in the start of 2022), I'm thankful that I was able to pull off a W. Let's review it
$TRT is the ticker of the trade.
First entered the trade back in December 7, 2021 (1st Green Arrow) at $9, when it proved strength. Cut was $7.20
Was a little challenged by this trade given it didn't move right away as I expected it to. When it retraced, I gave myself two options: follow the original cut or exit the position early and buy it back in case stock proves me wrong. Decided to go for the latter and went out of the position last Dec 13, 2021. (1st Red Arrow)
I was proven wrong. I went back in TRT on Dec 15 (2nd Green Arrow), again when it showed strength and added more when it slightly corrected (Multiple Green Arrows). Me being proven wrong by the stock earlier gave me more confidence to size this bigger compared to the initial engagement.
Used the 5 Day Moving Average to trail my profit when I was ahead. Was initially targeting $15 but it never happened. TRT retraced to my trail profit, putting me out of the trade at $11.40 with a 25% gain (2nd Red Arrow). Expected more but can't complain. A nice end of year bonus.
Takeaways from this trade: Always be ready and be patient for your A+ setups to manifest.
Zooming out, the area pattern traded is an ascending triangle, a bullish area pattern
Hope you learned a thing or two.
Thanks and good luck out there!
Buy TINPLATEHigh Probability Trade
Timeframe Used:
Weekly
Trade Frame:
Few Weeks/Months
Why Buy ?
-> Simple Price Action, Price making HH-HL.
-> After reaching ATH, price retraced from 50% Fib levels and has given a nice breakout with Volumes
-> Nice CUP breakout on longer TF
For Swing:
Buy Above: 325
Stop Loss: 280
(Weekly Closing Basis)
Targets: 345, 375, 400 ++
Trail your SL above 350
For Midterm:
Buy Above: 325
Stop Loss: 250
Add More around 300 levels, add at every dip till 280
Ride this stock for long !!
$RHI to head higher after breaking out of a tight 3week range?* Great earnings
* Very strong up trend
* High 3-month relative strength of 1.41 in the Healthcare sector
* High U/D volume ratio of 1.51
* Breaking out of a very tight 3 week consolidation of ~3.85% with higher than average volume
* If you have access to Volume Profiles you can see that the $113.04 area has tonnes of volume.
* We can expect the $113.04 area to serve as support moving forward.
Trade Idea:
* Looking at the weekly, this seems like a great time to enter as it's recovering from the pull back.
* If you are looking for a better entry you can wait for an opportunity around the $113 area as that should serve as support moving forward.
TER will it continue to the up side?* Exceptional earnings
* Very strong up trend in the long term
* Very high 3-month relative strength of 6.35 in the Tech sector
* Pays out dividends
* I last discussed this early December 2021 when it broke out of an 11 month base.
* Since then it did move higher and due to recent market conditions it had a slight pull back.
* Used $163.03 as support before breaking below.
* Now it's breaking out of the pull back zone and showing signs of going higher.
Trade Idea:
* Given the market uncertainty you can wait to see how it behaves next week.
* You can enter at today's close
* Or if you're looking for a slightly better entry you can look for an opportunity near the $163.03 area.
* If you have access to Volume Profiles you can see that the $163 area did receive quite a bit of volume so I would expect it to serve as support moving forward.
GoldViewFX - UPDATE on TARGETS$$This was posted on the 12th of JAN. We called both targets top and bottom.
We identified a broken Goldturn 1823 with EMA5 crossing with candle body close and leaving a gap confirming a move to 1828. This played out perfectly!!
1828 was an area that has been rejected before more than once therefore the level has strengthened as resistance. We highlighted that should EMA5 fail to cross this with candle body close we will get the rejection to 1817. This played out perfectly too!
The Goldturn range is now 1817 to 1828. Price is now challenging 1817. We will look to see if EMA5 crosses this level to open up the lower levels. If we see a Goldturn created above 1817, then we can expect the price to go back to challenge the upper levels again.
We remain confident in our setups and will continue to share updates and ANY changes to our plans.
We have had another smashing week and now wish you all a great weekend. We will be sure to share our analysis for the coming week Sunday night, so don't forget to check in.
Please don't forget to like, comment and follow, it helps us to bring more updates to you, so keep supporting us!!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - Daily Chart ProjectionSo far we have had an awesome week and our setups for the current market are performing perfectly.
Our plans to buy dips still remain and we are looking for price to target 1834. We are trading each level on the shorter time frames in stages but wanted to share the Daily chart view for an overall plan.
Should the price get rejected here, we will still remain bullish unless we see a break on the trendline at 1795 with EMA5. If this trendline breaks with EMA5 then we will slow down and lighten load on buying dips.
Should this trendline stay respected, we should get a breakout into 1834 and 1852 with plenty of retracements for entries.
We wait patiently and cherry pick where we need to.
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GoldViewFX
XAUUSD TOP AUTHOR
$CMC breaking out of a ~7 month base!* Great earnings
* Strong up trend in the long term
* High 3-month relative strength of 1.08 in the Basic Materials sector
* Pays out dividends
* Breaking out of a ~7 month base with higher than average volume
* Broke out earlier but due to current market conditions it did have a slight pull back and now is breaking out once again.
* It did, in the recent months, break out of a multi-year base
Trade Idea:
* You can look to enter at today's closing price.
* If you want a better entry you can look for an opportunity around the $36.33 area
WY breaking out of an 8 month base!* Great earnings
* Very strong up trend in the long term
* High 3-month relative strength of 1.12 in the Real Estate sector
* Pays out dividends
* Breaking out of a ~8 month cup formation with a depth of ~25.94%
* Attempted to break out a couple of weeks ago but due to current market conditions it had a slight pull back and now is breaking out once again.
* Maximum probable ROI is ~25.94%
Trade Idea:
* You can enter now at today's close if you want to stay in the market.
* Due to uncertain conditions it's better to enter with a small position if not in cash.
* If you're looking for a better entry, you can look for an opportunity around the $40.54 area.
KLAC ready to make new all time highs?* Exceptional earnings quarter over quarter
* Incredibly strong up trend over the long term
* High 3-month relative strength of 2.87 in the Tech sector
* Pays out dividends
* Breaking out of a base on base pattern
* First base lasted ~8 months before breaking out
* Second base formed immediately after the breakout and has been forming for the past ~9 weeks
* Current week is also forming a bullish engulfing candle
* It did try and break out of the second base earlier but due to current market conditions it had a slight pull back.
* Now it's breaking out for the second time with higher than average volume.
Trade Idea:
* You can enter now at today's close as a starter position if you want to stay in the market and set a closer target.
GoldViewFX 1H level update and TARGET$Quick update on the 1H chart setup.
We have 1823 Goldturn broken with EMA5 and candle body close confirming next stop to 1828.
1828 is a strong Goldturn level - if this fails to break with EMA5 then we expect retracement down to 1817 Goldturn.
If 1828 breaks open with EMA5 and candle body close then al the upper levels open up. We are still very much buying dips. Any changes to this plan we will continue to keep you all updated.
Please don't forget to like, comment and follow to support us.
GoldViewFX
XAUUSD TOP AUTHOR
LITE breaking out of a tight range with higher than average volu* Excellent earnings
* Strong up trend in the long term
* High 3-month relative strength of 2.61 in the Tech sector
* High 50 day U/D ratio of 2.11
* Breaking out of a 3.31% range
* During the consolidation the volume did dry up and as it started breaking out the volume picked up.
Trade Idea:
* You can enter now as the price is just breaking out of the tight range
* If you're looking for a better entry you may wait for an entry opportunity near the $105.61 area
$SBEV Target PTs 2-2.50-6-9 and higherSplash Beverage Group Receives Authorization for TapouT in Walmart Stores Across Florida Metropolitan Areas
Fort Lauderdale, Florida, Jan. 11, 2022 (GLOBE NEWSWIRE) -- Splash Beverage Group, Inc. (NYSE American: SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today announced it has received authorization to sell its TapouT performance drink in Florida beginning with 47 Walmart stores located in major metropolitan regions. Walmart has approximately 341 stores in the state of Florida, the second largest number of stores by state in the U.S.
“We are thrilled with this Walmart authorization, and this is a wonderful way to start 2022. Walmart is extremely selective in the brands they choose to offer their shoppers and selecting TapouT is great validation that TapouT can compete at the highest level with the biggest global brands,” said Robert Nistico, Splash Beverage Group’s Chairman and CEO. “We are grateful to Walmart for the opportunity, and equally grateful to our distribution partner AB One and the Anheuser Busch network, who’s credibility with Walmart we are certain played an important role in our selection. The opportunity for significant growth within the Walmart Florida market and beyond is one that we will eagerly seize, and we appreciate the validation and confidence Walmart has demonstrated with us and the TapouT brand".
Follow Splash Beverage Group on Twitter: www.twitter.com
About Splash Beverage Group, Inc.
Splash Beverage Group, an innovator in the beverage industry, owns a growing portfolio of alcoholic and non-alcoholic beverage brands including Copa di Vino wine by the glass, SALT flavored tequilas, Pulpoloco sangria, and TapouT performance hydration and recovery drink. Splash’s strategy is to rapidly develop early stage brands already in its portfolio as well as acquire and then accelerate brands that have high visibility or are innovators in their categories. Led by a management team that has built and managed some of the top brands in the beverage industry and led sales from product launch into the billions, Splash is rapidly expanding its brand portfolio and global distribution.
$KPRX Target PT 2 and higherKiora Pharmaceuticals to Provide 2022 Business Outlook at the H.C. Wainwright Bioconnect Virtual Conference
Salt Lake City, Utah--(Newsfile Corp. - January 5, 2022) - Kiora Pharmaceuticals, Inc. (NASDAQ: KPRX) will participate in the H.C. Wainwright Bioconnect Virtual Conference January 10-13, 2022. Brian Strem, Ph.D., President and Chief Executive Officer, will provide an outlook for the business and its pipeline of treatments for ophthalmic diseases.
The corporate presentation will be available on-demand and accessible from the Company's Investor Relations website starting Monday January 10, 2022 at 7:00 am Eastern Time.
About Kiora
Kiora is a clinical-stage biotechnology company developing and commercializing products for treating ophthalmic diseases. KIO-301 is a molecular photoswitch that has the potential to restore light perception in patients with inherited and/or age-related retinal degeneration. KIO-101 is a next-generation, non-steroidal, immuno-modulatory and small molecule inhibitor of Dihydroorotate Dehydrogenase ("DHODH") with best-in-class picomolar potency and a validated immune modulating mechanism (blocks T cell proliferation and proinflammatory cytokine release) designed to overcome the off-target side effects and safety issues associated with other DHODH inhibitors. In addition, Kiora is developing KIO-201, a modified form of the natural polymer hyaluronic acid, designed to accelerate corneal wound healing. For more information, please visit www.kiorapharma.com.
Forward-Looking Statements
Some of the statements in this press release are "forward-looking" and are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These "forward-looking" statements include statements relating to, among other things, the development and commercialization efforts and other regulatory or marketing approval efforts pertaining to Kiora's products, including KIO-101, KIO-201 and KIO-301, as well as the success thereof, with such approvals or success may not be obtained or achieved on a timely basis or at all. These statements involve risks and uncertainties that may cause results to differ materially from the statements set forth in this press release, including, among other things, market and other conditions and certain risk factors described under the heading "Risk Factors" contained in Kiora's Annual Report on Form 10-K filed with the SEC on March 25, 2021 or described in Kiora's other public filings. Kiora's results may also be affected by factors of which Kiora is not currently aware. The forward-looking statements in this press release speak only as of the date of this press release. Kiora expressly disclaims any obligation or undertaking to release publicly any updates or revisions to such statements to reflect any change in its expectations with regard thereto or any changes in the events, conditions, or circumstances on which any such statement is based, except as required by law.
QCOM offering a Pocket Pivot entry in a base on base setup!* Excellent earnings
* Very strong up trend
* High 3-month relative strength of 4.43 in the Tech sector
* Broke out of a 1 year base with tonnes of volume on earnings
* Started to consolidate after the breakout in a tight 7-8 week range
* Has a U/D ratio of 2.11, indicating that it's under accumulation
Trade Idea:
* You can enter on the closing price today as a pocket pivot signal.
* If you're looking for a better entry you can wait for an opportunity near the $183.04 area
* You can look to add to the position if the price makes a daily close above $191.30
Caution:
* This is a pocket pivot signal and though there's little to no overhead resistance, the stock may not break out of the range immediately.
GoldViewFX updated LEVELS and TARGETS$$We had a great start to the week and our analysis played out perfectly!!
Price supported well at the bottom of this Goldturn channel and now heading towards the top end of the channel 1826 and above. There are some strong Goldturn resistance levels on the way up, however we will be observing how EMA5 crosses these levels to secure the next level.
GOLDTURN RESISTANCE
1826
1833
1846
GOLDTURN SUPPORT
1820
1814
1805
1800
1795
1788
We are looking for some retracement down to 1805 and need this area to be supported, as the support levels are rising and helping price find support earlier, each time we climb up this Goldturn channel. Our followers will notice we draw our channels using Goldturns and not many do this. Its been very unique to us and the results speak for themselves.
Please don't forget to like, comment and follow to support us.
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 4H chart SETUP and LEVELSQuick update on our 4H chart setup.
Its pretty self explanatory with strong resistance and support Goldturns updated.
We expected some push up to challenge 1802, which got done. We are now expecting price to challenge the outside of the channel in line with 1815 axis point. We are expecting a retracement from this level, However news events or bullish momentum may allow price to break back into the Goldturn channel.
We will keep you posted of any changes and updates.
Please don't forget to HIT LIKE!!!
GoldViewFX
XAUUSD TOP AUTHIR
GoldViewFX Updated LEVELS and TARGETS$$This is an update from the weekly report. Our analysis is once again plating our perfectly.
We showed yesterday how EMA5 break at 1795 level together with a candle body close confirmed 1802. Since then we have now had EMA5 break above 1802 with a candle body close, which confirmed 1808 and again this was done perfectly.
We are now waiting for EMA5 to cross 1808 together with a candle body close above that line to confirm 1816. We will watch this closely. If 1816 is hit we are expecting a rejection at this zone, so some retracement is due before we resume back to the current setup.
We remain buying dips and will update this should we change our plans.
Please don't forget to like, comment and follow to support us. We do really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX Report - Updated LEVELS & TARGETS$$HOURLY CHART
We have updated current support and resistance levels using our Goldturns.
At first glance we are looking for EMA5 to cross any of these Goldturn levels with a candle body close leaving a clear gap to the next level. We can see EMA5 has crossed above 1795 on market close with a candle body close leaving a gap to 1802. We expect this to get HIT.
If the price decides to take a dive down, we can only see 1777 as the floor for now.
We will still continue buying dips, as the structure remains the same. Until we see 1787, 1777, 1766 broken with some ranging movement below this, we will not change our setups.
Goldturn Resistance levels:
1828, 1823, 1816, 1808, 1802
Goldturn Support levels:
1795, 1787, 1783, 1776, 1772, 1766
H3 CHART
The 3 hour chart shows 1788 Goldturn support being supported with a Goldturn created just above it strengthening the support, which is an early indication of price challenging the next level at 1802 Goldturn from 26th of November.
H4 CHART
The H4 chart shows price broke out of the Goldturn channel on the downside but supported well at the 1790 Goldturn level and created a NEW Goldturn above it, confirming some movement up to challenge the 1803 Goldturn resistance identified. The price may also challenge back into the Goldturn channel and at the very least challenge an axis level of 1816 outside the channel. If this challenge fails at 1816 we should see some retracement down to 1803 level again.
DAILY CHART
The daily chart shows that the 1789 level was supported, which indicates bullish movement up. However looking at historical data just by zooming out the chart you can see this level is not a strong daily chart level and normally price does tend to dance below it within the range of 1766 - 1770. This maybe the stronger level of support that we can rely on to give the jump needed to resume back to a Bullish setup to target 1818 again. The price may also decide to take off from here and not test 1770 level and straight for 1818 again. Either way expect movement up with potential for retracement to find good support to give the momentum needed for the PUSH UP.
Please don't forget to like, comment and follow to support our work, we really appreciate it and it helps us bring more analysis to you all, here on this platform.
GoldViewFX
XAUUSD TOP AUTHOR
ADM looking to head higher?* Good earnings in the recent quarters
* Good general up trend in the long term
* High 3-month relative strength of 1.04 in the Consumer Defensive sector
* Breaking out of a 7 month base with higher than average volume
* Has a U/D ratio of 1.24 meaning it's under accumulation.
Trade Idea:
* Due to the market conditions I'd suggest you wait for a better entry around $68.51 if you do consider it.
* If you're willing to bare the volatility at the cost of getting into the stock, now's a great time to enter as the price is just breaking out and is only 2.07% away from the broken level.