Parabolic
EURJPY Parabolic DropEURJPY had a nice parabolic move to the upside. These kind of moves have very fast and larger candles. They are proceeded often with nice parabolic reversals form the parabolic start. Looking for daily candle to close below support "not on chart" with stops behind the daily candle.
AUD/JPY - Due for a correctionAll yen crossed have been in a parabolic bullish run for almost two months now. Am looking for an exhaustion into resistance around 85.50-86.00 to get short. Primary target levels are 82.50 and 81.00.
$HIIQ pretty over extended, looking for short tomorrowHIIQ is pretty over extended, looking for the short tomorrow but if it breaks above yesterdays high then i'm getting out
EURAUD Bullish for the coming week maybepivot at 1.41275 should continue bulls to 1.47600+ weekly S/R has been overtaken wait till Monday or Wednesday latest to let price pull back a bit for a nice entry. If price goes below 1.43430 i would have to watch the pair further for a decision.
BSPM going short!! *poop emoji*This one just spiked up today and it was just because the other Bio stocks ran, and we saw what the day after it ran last week. Going short on this tomorrow morning when it sets up
Will history play itself out again?RSI says maybe not yet, but while Nvidia may feel stronger than ever, perhaps global economy isn't able to keep up with the pace.
Only time will tell.
$DAKT approaching the 10 whole dollar resistance, look for short$DAKT has spiked nearing the $10 level, looking for the short in the morning, I have a loose stop because it could pass through the 10 dollar area and spike into the resistance last year. but if it goes above 10.30 then I'm out, but I will build into a short with the 10.30 area being my exit point.
$DAKT short, risk right above at 9.50s level$DAKT is way over extended and has 9.50's as a resistance right over head. I'll be watching for a spike in the morning up into the 9.50's level to go short into, or if it gaps down then i'll base my risk off of yesterdays close. Looking for the pullback
$BREW short spike tomorrow into 18.50's levelTomorrow I'll be watching ideally for a slight gap up overnight. Then a morning push into the 18.50's resistance level then I will go short a bit under with the risk above, as we can see on the daily we have had previous resistance around this level. My risk is based off of yesterdays high around 18.65 and if it crosses that then i'm out
$CVGI approaching previous half dollar resistanceWatching $CVGI tomorrow because it's getting near the previous price resistance which also happens to be a half dollar mark for more conviction. Cautious though because there is not much volume on this stock..
$REN short into morning resistanceI'll be watching for a gap up and then a spike into whole or half dollar resistance, keep stops tight because it can blow through 18, but definietly a way over extended chart so looking for the pull back tomorrow morning
$NUGT short off resistanceWill be watching $NUGT tomorrow, approaching previous resistance & whole dollar resistance, so I will watch for it to spike into that $170 area then fail for the short. I'll be keeping my stop loosely above the 170's to give the trade some room to workout, but has upside to watch out for if it breaks above that resistance.
$KURA will be watching for shortgoing to be watching this tomorrow for a short opportunity depending on how it reacts around 5.50/6 level (whole/half dollar resistance)
$FMSA short into resistanceFMSA has been running for the past week and the only reason this one is on my eye is because it is approaching the 8 dollar whole number resistance where it has failed previously, so i'm watching for the test of the 8 dollar mark then the fail. i'm going to enter short into a morning spike leaving a little bit of wiggle room for my stop slightly above the eight dollar mark.
$MGT short into major parabolic move intradayI'll be watching $MGT tomorrow for another short into a major parabolic move, or any crack of support.
Out of the triangle, off the top, and to the moon!From my perspective, we're out of the triangle. I'm aware that Chinese prices look very different, but the price curve is pointed up instead of sideways on increasingly large time scales.
There was a clear break-out with a higher high which re-tested the top of the triangle and bounced upwards to new 60-day highs. I think this is it; the next step is parabolic :)
$MCEP Short, hovering under past resistance w/ overbought RSI$MCEP has been parabolic and is near the past resistance @ the 3.50 level. The RSI is around 81 and is extremely overbought, I will be watching MCEP right out of the gate for a confirmation of the short. Keep an eye on this one tomorrow!
$DRWI Parabolic ShortToday was the first down day from the parabolic move, nothing too significant. Watch the daily chart tomorrow for the breakdown of todays low at 8.60 area.
$INO - Cup and Handle formation more and more clear. Chart trending above the two MAs is a very bullish move. The cup and handle formation is looking clearer every day.
SAR- SELL MA 30 - BELOW = SELL trend continuation tradingstop loss - above the big red candle
tp - 1.618
simple trade
