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VOLUMEBREAKOUT

RBLX - trend reversed up?RBLX fomed a mini double bottom and had been reversing up, testing the neckline at 36.4 before eventually breaking above on strong volume 2 days ago (5 July). It is now consolidating in a mini bull flag and the next breakup above 39 would increase it's odds of heading towards 50. However a reversal below 33.90 would negate this bullish momentum. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
NYSE:RBLXLong
by Juliac
VET - Cup breakupCup and handle (or Cup without handle) are continuation patterns (of the prior trend). VET was in an uptrend before it went into a 3 month consolidation forming a "Cup" pattern. It finally broke above the neckline yesterday on STRONG volume (strong volume breaks tend to be more sustainable). Expecting near term target around 29.80 +/- with initial stop loss slightly breakup candle low. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
NYSE:VETLong
by Juliac
Is It Time To Buy EUR/USD? Yes Or No? Hi Traders, Happy Friday! Today we are looking at a possible 4-Hour Order Block entry on EUR/USD We have seen nothing but bearish price action for the past month on most FX pairs. The DXY has been going parabolic EUR/USD is currently sitting on support that hasn’t been seen since 2016. Is this a good time to buy? I only enter positions that match my setup and this could be a possible play. Yes, it is a counter-trend which is not always advisable. This is why I would only risk a very small position on this as I wouldn’t class this as an A grade Setup. Hope you all have a fantastic weekend. See you on the next one, The Vortex Trader
Long
by TheVortexTrader
1
GOOG - leading the BB's lower?Some warnings of that things are probably not all well: 1. attempts to trade back above the 200 day Moving average had failed again (twice) 2. a previous support around 2500 that were tested several times since 24 Jan had broken down quite spectacularly last Friday on strong volume With GOOG reporting earnings after market close tomorrow (26 April), how it reacts after will be a harbinger of things to come. 1. Should GOOG report a disappointing set of results or a muted outlook, and things will likely continue south 2. Should GOOG surprise to the upside, then we could see another (strong) gap up and what it is important to see if this gap up will fizzle out fast to decide if one should stay optimistic or stay safe. Personally erring on the side of bearishness right now unless GOOG can close above 2500 for a start and eventually above the next resistence at 2639. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Cheers.
NASDAQ:GOOGShort
by Juliac
1
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
Long
by anonloopringeth
1
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
NYSE:PAG
by HaseebKhan_90
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!
NYSE:SYKLong
by HaseebKhan_90