0A6B trade ideas
Long opportunity Dupont. (Mid term)Technical
- 1 on 2 risk reward opportunity.
- Good momentum pickup.
- Hard rejection on 10 MA.
Fundamental
- Strong earnings growth with good short term outlook.
- Dupont is a strategic stock because it is a very large global player in Emerging markets. I think the growth comes from there.
- this stock will also profit from a warr.
DD Started a Reversal on 2/9/2024Looking for a trend entry after DD reversed from a climatic downtrend.
The indicators show a new momentum high after a climax.
We also see a zero-line entry that was carried out very well.
Price is at the top of the band so we are looking for mean reversion with a limit order.
DD LongBeautiful consolidation occurring above the weekly 365 MA
This chart has held up near the highs remarkably well despite the market pullback.
this name has had relative performance during this pullback which makes it a likely candidate to trend higher if the markets firm up.
Using the breakout neckline as a stoploss. If this Inverse Head & Shoulders plays out, there is massive implied upside.
MACD Buy Signal. Retest support1) MACD Buy Signal
2) Retest support
3) Target Next Resistance
4) TAYOR
DD 2H 2023DD inverse head and shoulder, forming a handle of a 1+ cup/handle. I want to see how DD reacts if it posts expected-or-better earnings in August. Considering past-earning, where DD hasn't missed since Q4 2020 (per TV data), I expect volume to pick up over the next week of sessions.
DD - Breakout of Big TriangleA big triangle has formed and is preparing itself for a breakout A smaller angled W pattern can be viewed at the tip of this triangle which I am highlighting Bars pattern shows the breakout of the triangle.
DD wow just wowI am focused on chart patterns, and I do have personal favorites. However, I won't reveal those preferences today. My intention is to highlight just one pattern, which is the rising three methods. This is a robust continuation pattern, and I have noticed it on the weekly chart of DD. It is poised for a significant move!
$DD Holding support heading into ER tomorrow morningDupont has ER tomorrow morning as it holds this trendline as support.
$DD with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $DD after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%.
DD Long breakout after ROG aquisition falls throughDD Long breakout after ROG aquisition falls through
DD is at the breaking out of a falling Wedge, breaking out of 2 andrews pitchforks
ALready made the order in my Brokerage :)
$DD with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $DD after a Negative Under reaction following its earnings release placing the stock in drift D.
DD - Fibonacci CircleComparable areas in corresponding colors
Very similar price movement as price moves between these two levels (1,1.618)
The arrow points to a point of price that is similar to where we are right now
$DD with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $DD after a Positive Under reaction following its earnings release placing the stock in drift A.
$DD - XTLWhy am i interested?
Change in color of bar to Blue.
There was a sell before.
No False bar on top.
CCI is green.
Oscillator 5.35 is bullish.
ATR is 2.22
Bar height is 1.97
so .75*ATR = 1.66 and 2*ATR = 4.44
Now Bar height is between 1.66 and 4.44
So a buy @ 83.1
Target 85.2 , 87.5
It is near buy price.
Only one problem.
No false bar on top
DD had a great week! should we enter now though?🍿DD RSI extremely overbought here! we can clearly see in its history, every time we have a weekly candle this green it is followed by a few red weeks.
looking for a dip entry around 63/67 zones, goodluck ! please like and follow if you enjoy my ideas. have a good day
DD Bias: DowntrendThe price is still trading inside a descending channel and price has rejected from the upper trendline, potential sell trade with tight SL.
DD - Dupont [H8] - Short PendingLooking to for an opportunity to short DD, preferably on a bounce in price, after DD formed a head and shoulders topping pattern and pierced the neckline, combined with a break below uptrend support which had been in place since the spring 2020 lows.
Upon any strength, will seek to open short position with an initial lot, being keen to add to the position just above $73 (the 23.6% Fib retracement level from the entire upward move between the Mar-2020 low and the Jan-2021 high is right around $73.36) up to approximately the $75 handle (which is below the underside of former uptrend line support now turned resistance as well as the neckline of the H & S pattern).
Downside target is near the $65 area, as a potential upside reversal zone near the psychological $65 level may come into play in addition to this area being the approximate target of the aforementioned head and shoulders pattern, as well as potential support from bulls looking to buy coming in at or around 38.2% Fib retracement level of the entire upside move from the 2020 low to the 2021 high, which is right around the $64.75 level.
Alternately, if DD price fails to sufficiently bounce high enough to trigger the aforementioned anticipated short entry zone, will look to open short position by means of a sell stop order at $72.33 (with a stop loss at 75.66 and limit/take-profit at the $64.93 level) upon a break and close below the July 2021 low of $72.35.
In summary, looking to average into short position with average entry price after multiple lots of approximately $73.23, with a stop loss at $77.13, and a target of $65.03 on the downside. Reward to Risk Ratio meets the minimum 2:1 threshold, at approximately 2.1-to-1 on this trade. The alternative scenario (immediately previous paragraph) has a R/R ratio of approximately 2.27-to-1 on that (alternative) setup.
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DISCLAIMER: I may have a personal position and/or a beneficial interest in the aforementioned instrument. The aforementioned price chart, trade details, plus any related information, is being disseminated for educational and/or informational purposes only and pursuant to the 1st Amendment to the Constitution of the United States of America and all protections thereunder. Nothing herein is intended to, nor shall in fact be, construed by anyone as any type of advice whatsoever, in any capacity, whether professional or otherwise. Moreover, I do not hold myself out to be any type of professional in any manner whatsoever, nor of holding any type of licensure, including but not limited to, licensure in the financial or legal fields - or any other field for that matter. All information contained herein is offered solely for information and/or educational purposes and should not be relied upon. Trading in the capital markets is risky. Don't put money at risk in the capital markets which you cannot afford to lose or for which a loss of capital at-risk in the markets would materially affect your financial wellbeing. See a licensed financial advisor for guidance and advice regarding investing your money, as well as any trades for which you may be interested in taking, and for help in determining whether participating in the capital markets is appropriate for your individual situation and risk profile. See a qualified attorney licensed to practice in the relevant jurisdiction regarding matters pertaining to any and all legal issues, advice, and counsel. Consider consulting with an experienced tax attorney and/or CPA regarding any and all tax implications of putting money at risk in the capital markets. Do your own vigorous due diligence before taking any action, whether financial, legal, or otherwise.
DD - Dupont [D3] - Shorting on StrengthLooking to for an opportunity to short DD on any strength, after DD formed a potential head and shoulders topping pattern followed by price breaking down below uptrend support which had been in place since the spring 2020 lows; upon the breakdown and close below uptrend support, the head and shoulders pattern was completed as price broke and closed below the neckline just above the $75 area.
Upon any strength, will seek to open short position with an initial lot, being keen to add to the short position just above $73 (the 23.6% Fib retracement level from the entire upward move between the Mar-2020 low and the Jan-2021 high) up to approximately $75 (arounf the underside of former uptrend line support now turned resistance as well as the H & S neckline).
Alternately, will either open short position or add to position existing short upon break below the July 2021 monthly low of $72.35, preferably after a daily close below $72.35 for added conviction.
Downside target just above $65, as a potential upside reversal zone around the $65 zone may come into play due to this area being the approximate target of the aforementioned head and shoulders pattern, as well as potential support at or around 38.2% Fib retracement level of the entire up move from the 2020 low, which is right around the $64.75 level.
In summary, looking to average into short position with average entry price after multiple lots of approximately $73.35, with a stop loss at $76.86, and a target of $65.13 on the downside. Reward to Risk Ratio meets the minumim 2:1 threshold, at approximately 2.14-to-1 on this trade.
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DISCLAIMER: I am long and/or have a beneficial interest in being positioned long in VIZSF shares. Nothing herein is intended to, nor shall in fact, be construed by anyone as any type of advice whatsoever, professional or otherwise. Nor do I hold myself out to be any type of professional in any manner, nor of holding any type of licensure in anything, including but not limited to, licensure in the financial or legal fields; or any other field for that matter. All information contained here is merely offered solely for information and/or educational purposes, and should not be relied upon. Trading in the capital markets is risky. Don't put money at risk in the capital markets unless losing it all would not materially affect your financial wellbeing. See a licensed financial advisor for guidance and advice regarding investing your money, and whether participating in the capital markets is appropriate for your individual situation and risk profile. See an qualified attorney licensed to practice in the relevant jurisdiction regarding matters pertaining to legal issues, advice, and counsel . Consider consulting with an experienced tax attorney and/or CPA regarding any and all tax implications. Do your own vigorous due diligence before taking any action, whether financial, legal, or otherwise.
a positive divergence & a squeeze are more than what I wantedIts Trend(OBV) illustrates a positive divergence along with a squeeze on the Trend(OBV)'s Bollinger Band.
I'm considering these signs of bottom formation.
Trend(OBV) uses True Strength Index to analyze "On-Balance-Volume", which measures buying and selling pressure as a cumulative indicator.
Horizontal lines and zones are supports (entry for bulls and exit for bears) and resistances (exits for bulls and entries for bears).
Diagonal lines from Fib fans are for trend-determination and additional levels for active trading.
The market is actively moving so the entries and exits for this type of meme stocks constantly change. Trade small if you want to practice!
DD BIAS: UPThe price is still trading inside a downward channel, bounce from oversold level and potentially climbing toward upper channel. Make sure to apply SL and TP.
