VOLUMEBREAKOUT
Excellent rise in volumes, market conditions favors for a push $NFTB #NFTB Strong breakout, excellent volumes, PSAR flipping bullish on daily, HA candles in green is all a positive. The volumes increase at breakout of trendline is a big boost. As long as $BTC don't mess, this will rise like a phoenix. Falling wedge breakout has always been in favour of the bulls.
Loopring - The Tidal Wave is coming $LRC I think this chart is insanely bullish and i didnt regret the load up after the 2 Days - Correction & 3 Days -Correction. I dont think this Trend is slowing down, i rather think this Trend is climbing exponential. Im long on $LRC & ye you guessed it also on $GME so maybe a little biased. After looking at the technology that $LRC will provide and using their Smartwallet, i can tell for sure, this is just the beginning. But who am I? You like my Crayons?
u/whocaresfucku on Reddit did an awesome job by keeping it simple and easy to comprehend, definitly worth checking out.
$LRC $GME
PAG broke out of a cup and handle pattern!* Strong earnings quarter over quarter
* Strong up trend
* Broke out of a 4 month consolidation
* During the consolidation it formed a cup and handle
* The handle consolidated for 6 weeks before price broke out with higher than average volume
* Pays out dividends with a Payout ratio of 14.50% which means the company has a tonne of room to grow and possibly increase dividends in the future.
Trade Idea:
* The price gaped up with more volume than average.
* This may consolidate above the $93.45 area so look for an entry around there
SYK breaking out once again with higher volume!* Exceptional earnings year over year
* Very strong up trend
* Breaking out of a 4 month consolidation period with 63.09% more volume than average
* Pays out dividends with a Payout ratio of 44.50% which means that the company has a lot of room to grow further and possibly increase dividends as well!
* Probable ROI is 12.98% if the trade goes in our favor
Trade Idea:
* This is a great time to get in as it's breaking out for the second time after using the $268 area as support that made a higher low!
UDR approaching all-time-highs with tonnes of buying pressureUDR is extremely close to breaking its all-time-highs from February 2020. Not only that but it's been on an absolute tear for the past 7 months. That's 7 consecutive months it has been closing green.
Taking a look at the volume coming in, it seems like it will break in the coming week.
Not only is this setting up for a great trade, it's also a great long term hold. This REIT has proven to come out of a crash only to do even better than before.
Final thoughts:
* Strong up-trend with tonnes of volume
* Approaching February 2020 all-time-highs
* Great long term hold as REITs pay out generous dividends
Trade Idea
* This is a long term resistance so do wait for a confirmation of the breakout on the weekly time frame. A break and hold above $51.25 would be the signal.
* A rejection from here could send UDR back to around $48.90. Which, given how well it's doing, would be a great entry point
ELS approaching its all-time-highs! Will it break through?ELS has been absolutely crushing it for the past 6 months with every month closing green!
It's approaching it's all-time-highs from February 2020 so the question now is, can it break?
Thoughts:
* Long term up-trend
* Strong up-trend for tha past 6 months
* Great long term hold as it's a REIT and therefore pays out generous dividends
* Approaching all-time-highs from February 2020
Trading Idea
* Look for a weekly close and hold above $77.55
* A rejection from $77.55 could send down to the $76.41 area
* And a break below that could send it back to $74.55 which should hold as support
* Of course, given its performance $76.41 and $74.55 would be great buying opportunities.
APH broke out with volume, can it hold?APH broke out from resistance with volume on Friday July 2nd. The question now is, can it hold.
On Friday, APH gaped up with volume and closed above the 4 month resistance that was forming around the $69.10 area. Not only has APH broken out of resistance, it has also broken out of this ascending triangle.
Making new all-time-highs, breaking out of a long consolidation period with buying power demonstrates that APH is poised to move higher.
I do, however, think that it'll consolidate at this level for a day or two before moving higher.
Final Thoughts:
Making new all-time-highs
Broke out of a 4 month resistance
Steady up-trend looking at the weekly or even monthly charts
Great long term hold as it also pays dividends
Look for buying opportunities around the $69.10 to $69.40 area
TPX broke out after consolidationTPX broke out after consolidation that was followed by a massive up trend since the March 2020 crash.
* It has volume
* It's making all-time-highs
* It has momentum
I think this can come back to retest the 40.45 area or consolidate above the breakout for a bit before moving higher.
Final thoughts:
* Look for buying opportunities in the $40.45 to $41.04 area
* Great long term hold since it pays out dividends as well.
Multibagger Stock -Jagran Prakashan-- BREAKAWAY-GAP preceded by a valid ROUNDED-BOTTOM pattern formation by more than a year.
-- One-year Accumulation
-- Volume on the gapup day is a lifetime high.
-- Weekly gapup (very rare)
-- Bullish Engulfing pattern
-- Risk : Reward = 1:4
-- Resistance at every level (so be careful)
LTP - 60
Target - 75
Stop loss - 57
Small Cal Gold Explorer with assay's coming out mid-janPrimed volume defined breakout play with a 100% upside leading up to results coming out mid-jan. Results/ assay's from the company highly anticipated Dakouli 2 mine could boost this SP over 20c.
Enter between 8-9c with a hold for 13-15c.
Solid trade with $GOLD about to break $1900 and head north. January is the time to own gold stocks.
Genomics ETF --> breakout & measured moveARKG broke out of the parallel channel with strong volume (over 110% tan average 10-day volume).
When there is a break-out, the 5sma tends to be a good rule of thumb to follow the short-term trend; and not lose to much if there is a failed breakout.
RSI shows we are still not overbought at 67; but with strong buying.
Using the bottom level of the parallel channel to calculate a measured move; puts ARKG around $75.
Long BANKBARODASaw volume burst on Friday and there is huge IO on 55 followed by 60 strike price.
If it closes above 54, we can initiate long trade.
If EQ but above 54
For Derivatives, BUY BANKBARODA 24 SEP 63 CALL or BUY BANKBARODA 24 SEP 60 CALL both are liquid.
I would go for 63 CE because premium is low but IV is almost same.
> For educational purpose only, this is not an advice.
I would like hear your thoughts on this :)