WHEN HOT BREAK RED LINEIt can blown when red line is cracked. green line and green zone strong areas. If green line broken, next target is orange line.
Targets 0.25, 0.30
Neutral
$INFY with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $INFY after a Negative over reaction following its earnings release placing the stock in drift C
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
BFLY update.I had previously put this on a watchlist for going long. Now, I am actually thinking it's going to fall further.
I thought at this point the wedge breakout would have occurred, and since buyers haven't moved in, I think it may be headed down further.
I have seen similar setups where the wedge keeps getting tighter and tighter on the top, then finally no buyers are to be found and price plummets.
I'm not saying this is going to happen.. but if market makers are trying to hide their intention to buy they are doing it strictly and collectively.
I think I will steer clear of trading this, but I do enjoy a good case study, especially when it's not being done on me, so let's see what's in the cards.
Simple Symmetrical Triangle, Long and Short Opportunities AUDJPYThis is my simple analysis on this symmetrical triangle forming! I put Long and Short opportunities if the triangle is broken.
Enjoy :)
USDJPY - Neutral We have changed our USDJPY view from long to neutral as the currency pair has fallen below support at 109.878 over the past week. This we believe is predominantly due US dollar weakness as the FOMC maintained it's stance that it will keep interest rates low despite rising inflation. Additionally, there is downside potential for the USDJPY if equities sell off on the back of Q1 earnings releases, starting today with GS and JPM, as the Yen is seen as a safe haven.
ATRA No Action. This one took me a long way to get the story in a way that I believe makes sense. I incorporated earnings, which is new for me. Seems like an awful lot of work to say no action... but that is something I have to learn to be content with for long term success.
This also highlights the importance of weekly analysis. As I am drawing the trendlines I am given the mental imagery of something being limply held up by strings. Not a strong bullish signal for me.
FUBOFUBO - NEUTRAL
- FUBO currently at a major decisive point.
Scenarios:
Long:
- Bounced off of .786 Fib
- Giant Volume Candle on the daily
- Possible ignition of trend reversal (to the upside)
- Look to enter long if a 30m candle closes above $25, target Point of Control at 28. Might move higher to .618 fib at 29.50
- Bottoming out action present chart
- Bottoming out at over-sold area of RSI
Short:
- Bounced off of upper channel of down-trend
- Look to enter short if a 30m candle closes below 20.42
- Lots of room to go down further if 20.42 support breaches, profit target at 14
Overall: More bullish signals than bearish.
$STZ with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $STZ after a Negative Under reaction following its earnings release placing the stock in drift D
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
$PAYX with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $PAYX after a Negative Under reaction following its earnings release placing the stock in drift D
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Sensitive situations have occurredHi everyone
Located near support, the probability of breaking the resistance is very low, it seems to be suitable for buying. Set the loss limit on the support line. First, if the support line is broken, there is a possibility of a sharp fall. Second, the stock may want to take an almost neutral trend.
Good luck
$ULTA with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $ULTA after a Negative over reaction following its earnings release placing the stock in drift C
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
GBPUSD/1DA COMPLETE BREAKOUT FROM RESISTANCE LINE IS IMPRESSIVE.
For neutral term I think price will be able to kiss these targets :
1) 1.38546
2) 1.39391
3) 1.41216
4) 1.42219
SNTUSDT/1DIf SNT will be able to stand above of its up trend line then it going to kiss another resistance (raising up 533%) that is a strong one.
Gold - Still Neutral Pre FOMC minutesWe still hold a neutral view on gold whilst the precious metal is below key resistance at $1750 as we await the FOMC minutes release later today. The FOMC minutes could indicate whether the FED will continue to keep interest rates low despite fears of increased inflation due to the extent of quantitative easing since the beginning of the pandemic. If the FOMC minutes suggest that interest rate hikes are more likely given current data especially with a strong labor market highlighted by payrolls coming in at 916K vs 647K forecast last Friday this could put downward pressure on gold prices. However, we feel there is upside potential for Gold due to the continued impact of the pandemic on global economy despite the comparatively successful roll out of the covid vaccines in the US.
Trading idea for BATUSDTIt may break the triangle both down and up according to the general state of the market.
Trading idea for AVAXUSDTIf we stay on the red trend supportline, we are still good. In the short term, AVAX needs to break the minor downtrend to keep up going higher.
Trading idea for CTSIUSDTIt may fall down to support level again, or it may revisit its current resistance level.
Scalping idea for SXPUSDTI am following this triangle regarding BTC price movements. If it breaks the triangle it may go up to the closest trend resistance level.
Trading idea for BTCUSDTThe price may have a movement between resistance areas, or it may break the minor downtrend and make a new ATH. We will see in time.
Trading idea for LINKUSDTIt is still in the downtrend. LINK needs to break minor downtrend and keep it over that in order to reach its previous resistance levels. If not, it can move between the downtrend lines.
Trading idea for ALGOUSDTIf ALGO breaks the downtrend, it may reach its previous resistance levels after some time. Recently it has had a horizontal price movement, but it may have a pump in the near future if the minor uptrend continues.
$HMC with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $HMC after a positive under reaction following its earnings release placing the stock in drift A
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
