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Oversold

Is DE oversold? Yes!It looks like DE is extremely oversold, and this might be interesting. We have a divergence on the RSI in the 30min chart. It is not the best, but it is a start. We also have a rounded bottom idea, and only DE loses its bottom the trade will fail. Small stop-loss, high reward. The RSI in the 4h chart is extremely oversold as well, and DE went outside the BB for a moment, and now it is closing inside them again. All of this is occurring near a support area at 331. It is a very risky “buy the dip” kind of trade, but DE can bounce back to the 350, and this makes a good risk-reward for me. Always remember, it is oversold, but this doesn't mean it can't drop more, so, always protect yourself, and use tight stop-losses! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NYSE:DE
by UnknownUnicorn21312077
Things Looking Up for JPM this Summer?Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on June 11, 2021 with a closing price of 159.92 on the hourly chart. If this instance is successful, that means the stock should rise to at least 161.6855 which is the bottom of the larger green box. Three-quarters of all successful signals have the stock rise 2% from the signal closing price. This percentage is the bottom of the smaller green box. Half of all successful signals have the stock rise 3.7815% which is the end point of the black dotted arrow. One-quarter of all successful signals have the stock rise 5.577% from the signal closing price which is the top of the smaller green box. The maximum rise on record would see a move to the top of the larger green box. These are the same concepts for the levels in the red boxes as well. The ends/vertical sides of the boxes are determined in a similar fashion. The peak of the rise can occur as soon as the next trading bar after signal close, while the max rise occurs within the limit of study at 50 trading bars after the signal. A 0.4% rise must occur over the next 50 trading bars in order to be considered a success. Three-quarters of successful movement occur after at least 23.5 trading bars; half occur within 36.5 trading bars, and one-quarter require at least 44.5 trading bars. The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement. As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play).
NYSE:JPMLong
by StockSignaler
What could save AAPL? This point.Ok traders, AAPL broke the 126, and we have no good pattern around, but if tomorrow (or Monday), it closes a candle above the 126 again, this would confirm another long trade. The RSI is so oversold, that it is worth to consider this possibility. I'll keep the advanced breakout idea on the chart, as it still might work, but I'm not too excited about this anymore. I booked profits on several stocks, but I'm holding AAPL, because it has low volatility, there's still some upside left, and the RSI in the 30min looks interesting. But I agree that AAPL must do something good quickly, otherwise, it might just drop to the 124. I'll keep you guys updated on AAPL. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NASDAQ:AAPL
by UnknownUnicorn21312077
6
The one thing PLTR must do to fly again...PLTR has yet to break the $ 20.30, the point we've been talking about lately, but the RSI has already a breakout. This is a classic Advanced Breakout, and this could make PLTR fly again. The stock was very oversold when we started talking about it, and now it is about to do some rally. The problem is that in the 30 min, we might see some retraction. Still, the 20.30 is the point we should be aware of, as it'll confirm all our theories about PLTR. The 22 is our target! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
P
by UnknownUnicorn21312077
Market going crazyLast time I talked about NNDM is determining the value of NNDM after their acquisition, which is bullish for the company and believing it should valued at a $10 stock. We look at NNDM and show there's no fundamental change in the long term price action, yet we can assume we might not get the gains we want in the market until the fall. According to market watch cash on hand is 671million and liabilities are 689million and adding these together gives 1.360billion dollar, yet the stock market values the company at a billion dollars. They are losing money due to the pandemic, yet they have enough cash to be sustainable. I did take profit on some NOVN shares still at a profit, yet decide to take a bite of NNDM and bought over 300 shares. I think atm the market is under valuing certain assets, yet retail traders don't care, which can be seen in erc20 scam coins, leaving btc and going into AMC atm, and along with NANO cryptocurrency which is still sub 50 in ranking marketcap. I'm not saying I'm not a fan of AMC or NANO, but think theirs value in stocks like NNDM that are so low it makes hedge funds that are buying cry tears of joy. Technicals have no rhyme or reason in the current market besides being oversold and undervalued.
NASDAQ:NNDMLong
by nathanielx9
Is PLTR oversold? Maybe!Hi Tradingview community! PLTR is potentially oversold for two reasons: 1) The RSI is in very low levels; 2) PLTR hit the 20.87 today again, the same support zone it hit back on Mar 30 (red circles). Now PLTR seems to be at a support area, and now is the perfect moment for a reversal to the $ 24. Good risk-reward. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
P
by UnknownUnicorn21312077