Get started

Rangebreakout

PYPL looking to break all-time-highs?PYPL made a new all-time-high in February of 2021 and now it's looking to make new all-time-highs. Fundamentally: * Sales growth quarter over quarter is more than 30% * Earnings-per-share expected to grow +5% over the next year Technically: * Beta score of over 1 * General up-trend * In rage from year-to-date * Found new support at $289.46 * Steady volume as it makes new support Trade Idea: * Look for buying opportunities near its new support of $289.46 * A break below that, $277.87 should hold as support since it's acting a pivot OR * Wait for a weekly close above $309.14 to confirm the break
NASDAQ:PYPLLong
by HaseebKhan_90
1
HCA pressuring to break all-time-highHCA is consolidating after a large move up. Buying pressure came in on 25th of June 2021 and set $204 as support. Since then buying volume has decreased but not by a lot. That's why HCA is positioning it self for a breakout. Looking at the longer time-frames, it's showing a clear up trend and it's also expected to grow its earnings-per-share over the coming year. Looking at the price-action HCA may come back to retest the $212.50 to $214.30 region before making a move higher. A break below $212.50 could send the price to retest the support of $200. Final Thoughts: * Good long term hold * Pays dividends * Buying pressure from June 25th, 2021 set $204 as a solid support pushing the price higher Two things you can do from here if you want to trade this * Look for buying opportunities around $212.50 and $214.30 * Wait for a clear break of $217.36 * A break and close below $212.50 may negate the immediate bullish outlook
NYSE:HCALong
by HaseebKhan_90
SYNH Broke out of after months of consolidationIt's been months since SYNH has been consolidating and it finally broke out today. Tonnes of buying pressure came in early June that proved $80.30 as a solid support level. Since then SYNH has been heading up. Looking at the weekly or even monthly charts you can see that the company's been doing really well with the stock showing a clear up trend. With the stock making a new all-time-high and the company expected to well in the coming year, it's clear that the stock should continue to move higher. Technicals * Stock made a double bottom * Confirmed the double bottom as it broke and closed above $89.95 * Measured objective for this pattern would be around $99.61 Final thoughts * Breakout wasn't with a lot of volume so be on a look out for a retest of the broken level * Look for buying opportunities around the breakout point between $88.90 and $90
SLong
by HaseebKhan_90
GBPUSD - Trading the Break of Trendline and Mirror LevelHi Traders! The market is moving after its fall-off in a Range. It even made higher Highs and rejected the Break of the Support three times. Beside the Resistance, we also have a Trendline which is coming from above. The upper Resistance is also a Mirror Level, because it was a Support, too, before. The target is the "Golden Zone" of the Fibonacci Retracement Tool, which is normally defined by the area between 50.0% and 61.8%. The TP would be at the R2 from today's Pivot Points. We recommend to trade the Retest of the Breakout! Thanks and successful Trading :-)!
Long
by swissmoneymakers
Reliance Industries Breakout Trade (RELIANCE 1D)Hello Guys, Today I am Going To Share you one Breakout Idea of Reliance Industries .From the Date of 15 OCT 2020 we can see that the stock in was Range shown in the picture. Now The stock is holding in the upper side of the Range. The volumes is seen in Reliance In Past Few Trading Sessions. It is planning for giving a breakout. if Breakout happens it will be good trade for the market also. We Can expect Targets Of Reliance between 2550-2600. please trade in reliance with suitable quantity for you. and take care of your Risk Management. Don't Jump Directly In it. Keep An Eye On it Like Eagle. Stock Name :RELIANCE Current Price:2221.60 (17-JUN-2021 10:08AM) Target Price:2550-2600 Stoploss:2050 RR Ratio : 1:2
NSE:RELIANCELong
by Punit_0405
AVAX-USDT(Range Breakout)Avalanche aims to be the Internet of Finance. It is an open-source platform that allows it to deploy blockchains either public or private, launch smart contracts and create digital assets on its platform. On March 9, 2021, AVAX gained ~34% and since then, it is trading in that range. Currently, it has given a breakout from the range($24-$35) and is signaling strong strength to initiate a fresh bullish move to the upside. Key levels to look out:- The supports to the lower side are placed at ~$34.88 followed by ~$33.5 respectively. The resistance to the higher side are placed at $42.5 and $47 respectively.
Long
by TradeDog-Research
BNB-USDTBinance has been the talk of the town and has served cumulative monthly trading volumes worth ~$690 billion in the month of February. Also, DeFi protocols on Binance smart chain are also gaining a lot of traction, which is pushing the BNB price higher. Binance has been trading in a Descending Channel and has given a fresh breakout from its channel resistance and is now confined in a tight range of $242.5 - $257 . Key Levels to watch out:- A breakout above the immediate resistance at $265 is most likely to trigger the prices higher to the first level of $295 followed by $330. The support to the lower side are present at $240 and $225 respectively.
Long
by TradeDog-Research
XTZ-USDT: Consolidation Breakout(1 Hr TF)In the Daily TimeFrame, Tezos is trading in an Ascending Channel formation with an upper band and the lower band placed at $5.1 and $2 respectively. In the Hourly Time Frame, Tezos has been in the accumulation phase and was trading in a range of $3.83 as the upper band and $3.22 as the lower band. XTZUSDT has given a Range Breakout and is currently trading above the range. Key Levels to Watch out:- The resistance to the higher levels is placed at $4.4 followed by $5.1 respectively. The supports to the lower side are placed at $3.5 and $3.2 respectively.
Long
by TradeDog-Research
5