BIOCON - RANGE BREAKOUTBIOCON has seen a range breakout in yesterday's session and today we are also seeing follow through and sustaining above 390 levels can take stock to 413, 435 and 450 levels.
Any dip in the stock ,can be a good opportunity to enter the stock.
Note :Higher time frame are also in alignment with this trade -setup
Do not follow blindly, please do your own research.
Longtrade
M - MACY'S INC buy investment opportunityHello traders,
Description of the analysis:
MACY's inc. investment opportunity. I already invest to this stock with big potencial. I bought 1226pcs of shares. Trade what you understand, trade carefully and sparingly according to the business plan. This is not investment recommendation.
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund ($4.000.000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob
Forgot to post but I got into PPL at 25.66PPL broke my triangle and is now in the $30.00 range Its an easy call for smaller accounts. My target is $32 if it holds $32 then we are going back to the $35 range. This is a long term swing call so dont get shaken out by volitility
Also I recently joined a discord channel that helps people make money. Direct Message me if you would like more info.
CHF/JPY: LONG Hello traders!
MACD line just crossed above SIGNAL line -> beginning of a BULLISH UPTREND
RSI 14 is facing upwards -> does not look overbought yet
CHF/JPY price seems to be able to break the resistance line. My suggestion is to put the target price towards the second resistance.
Please, maintain proper position sizing and risk management!
Not a financial advise
Good trade!
DABUR - Time to BounceThe Trendline breakout has been seen on the dabur intra charts and the said breakout is followed by the trendline retest.
The Trendline which was earlier working as resistance are now supposed to be working as support.
The said trenline support is aligned with the harmonic cypher pattern support@ 460 levels.
This is small risk trade with a stop at 452 levels, with a initial target of 475 and 490 levels.
CYPHER IN OFSS - consolidating Cypher pattern is apparent on hourly chart of OFSS and stock did bounced from its prz around 2300 levels.
Currently its trading in the narrow range near the 2370 levels from past two sessions, if see a break above this levels , they we may see move towards 2470- 2580 levels.
The said view will be negated below 2280 levels.
HEROMOTOCO - Wait for a pullback for any fresh entry in stockHEROMOTOCO
Stock now have a good support in the range of 2020 -2060, hence any pullback would be a opportunity to enter longs in the said range as mentioned above.
Any move above 2100 would see 100 points fast jump in the stock.
This view will be negated below 2020
EURAUD and the risk on and off playHere is another Forex Trading Snack.
To go along with my stock risk on or off trading view, here is my favorite Forex pair that matches closely to my stock trading view. Of corse the two instruments trade inversely to each other.
My main strategy for this weeks market open is to follow the recent up channel the pair has been trading in. The downside has been limited mostly due to the upside limited moves to AUDUSD ( which also moves along with the S&P 500 and or news events or risks involving China trade.
Stocks and the AUDUSD have stoped recent moves higher at the 61.8 Fib levels and have been grinding around making overlapping moves with lower highs and lower lows. Hardly a trending move. Very much a grinding around moving market.
Looking at the 2H chart I see a smaller EW 5 wave pattern Developing with a posable completion at up channel trend line.
My strategy isn’t to try to trade short at channel trend top, but to start looking at my longer view possibilities of the next move and posable breakout from this channel. There is no surprise that the AUDUSD also has a inverse EW pattern on the same time frame. On AUDUSD I’m a sell the rallies trader currently just as I am on the S&P 500. The exact opposite on EURAUD.
Just one traders opinion. Please form your own opinions and trading views and or strategies. This post isn’t advice on trading. Trade accordingly to your own risk tolerances.
In trading you either make dust or you will certainly eat dust.
All the best in your trading.
Cadila - breakout setup - towards 350Cadila has seen breakout from 1 month consolidation pattern, and if sustains above 327 - 330, then it is probably heading towards 345 and 350.
BTC and the bulls – Road to U$ 9.2k?So BTC gave us an obvious trade recently, and now is doing what was expected to do, as I said in my last analysis. I warned about how strained the chart was in 60 minutes timeframe, and we should expect some correction. Now the price is “resting” a little, letting the 21 ema get closer and closer.
After the harami pattern (could be a harami-cross too, if you like), BTC triggered a nice long operation, with a very comfortable risk/gain relationship. I wouldn’t buy now, if I was out, but it’s not time to go short either. It’s a bullish trend, and BTC lacks any bearish pattern here. It’s time to manage your position, or even take your profit, if you like faster trades.
We have 3 supports here: The U$ 7306 (previous top, blue line); The 21 ema; and the upward trendline (purple).
Maybe the U$ 8426 could serve as a resistance (black line), because it did support the prices in the past (green rectangles), but I’m still not sure. The U$ 9.2k seems to be a more realistic target for BTC right now.
Hope it helps, thank you!
DAX-30 AnalysisHello again.
This time I wanted to share how I think DAX will evolve.
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I would appreciate a follow, reputation and a comment on what I can do better. Thank you very much.
- Bertram
GBPUSD Trend Reversal Point.GBPUSD is tested its 62% percent Fibonacci retracement Level three times but it failed to break that level also, it formed a failed ascending triangle pattern at the retracement level so we might see further downside in GBPUSD pair.
So, we can also see triple top formation in the ascending triangle.
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