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50ema-pullback

SCHAEFFLER Swing Trade, Price is taking support from 50 EMASCHAEFFLER is taking support from 50 EMA in Weekly Chart. (For Swing Trade) We can go for long swing trade only after price going above 3530 with approx. 6% stoploss and 24% Target. Risk-Reward = 1:4 Plan your quantity/investment accordingly. Note : Its just an analysis, wait for the price to confirm. Disclaimer : Always follow risk to reward, this is the only key to success in market, no matter how much good a trade is looking we never know the future.
NSE:SCHAEFFLERLong
by smrgrover2
US500 expecting a bounce? Here are my thoughts.US500 (Daily Chart) I'm expecting a bounce to ~4260/70 area. Here's why. Looking at the AVWAP (Blue lines) from the January 2022 highs and October 2022 lows, we were bound to see some level of support here. I've been saying this for some time now that we'll reach at least 4100. Given the strong confluence of support around this area (the AVWAP and the horizontal level), I'm expecting a bounce from here. The target for the bounce would be somewhere around the 4260/70 area. If you look at the previous rallies in this correction they're both ~4.7% from the lows of the down moves. If we consider this to be the low of the move, ~4.7% lines up with the 4260/70 area along with the white trend line and potentially with the 50EMA as well, by the time price gets there. What will determine if this rally will stick or not will be the volume behind the moves. If you look at the volume in the previous rallies you can see that the volume was decreasing quite a bit and rose again as the price began to move lower. If this rally is to be sustained, we're going to need to see volume and broader participation from the market, otherwise, if/when we get to the 4260/70 area we'll see the next leg lower. Of course, there will be levels of resistance along the way such as the 4170 area and the 4210 area. As always, be sure to DYDD and be sure to manage your risk.
PEPPERSTONE:US500Long
by HaseebKhan_90
$PI pulled back to its 20 day line. Is it ready to go higher?Notes: * Strong up trend on all time frames * Great earnings QoQ * Created a break away island on last earnings report * Held the gap as support around 105.54 * Tried to break out of the base but pulled back to its 20 day line * Offering an early entry as it's close to its 20 and 50 EMAs * When I last mentioned this stock it was breaking out of a cup and handle (linked) * Has been seeing recent accumulation Technicals: * Sector: Technology - Communication Equipment * Relative Strength vs. Sector: 1.35 * Relative Strength vs. SP500: 1.81 * U/D Ratio(50): 1.25 * U/D Ratio(15): 1.39 <--- recent accumulation * Base Depth: 22.25% * Distance from breakout buy point: -0.36% * Volume -29.91% below its 15 day avg. Trade Idea: * You can enter now as the risk is low and it's offering an early entry relative to its moving averages. * If you'd like a better entry you can look for one around the 124.52 area as that should hold as support. * Or you can wait for a clear break and hold above 129.02 with volume before entering
NASDAQ:PILong
by HaseebKhan_90
Trading RSI Divergences LIKE A BOSS (I may have failed you)Get your copy of the Free Heiken Ashi Algo Oscillator I'm not going to lie. There is WAYYY too much technical stuff to type up in this for you guys. its best if you watch the video. Always Always Always ask questions below. I am always more than happy to show you what's what. This is some UPPER LEVEL STUFF in this video and i know a lot of you won't fully understand it but i want you to understand what it is that you DON'T KNOW about. Unless you know these things, you won't know what questions to ask about. So here we go. Let's get into it. Trading the RSI Divergence like a BOSS After the RSI Divergence is found: On the chart: (KEYS) 1 = last HH 2 = current HH 3 = 1st HH Closing Price 4 = Confirmation of candle closing BELOW 1HH close price 5 = Find your targets 6 = Pinpoint any target with multiple confirmations Steps to take: 1. See last Highest High 2. Draw a line across the last Highest High close price. 3. Confirm second HH is higher price but lower RSI value. Now wait.... 4. Wait for candle to close below price of step (2) 5. Enter SHORT if (Heiken Ashi Candle is closing RED) 6. Your 50ema is Take Profile #1 (Set it up) 7. Your swing high is your stop loss 8. What does the RSI Formula tell you? Is it in the positive? So what! Use the same numbers but trade SHORT. Yep, that what i said, TRADE IT IN REVERSE! This is Take Profit #2 9. Do the Fibonacci trick to confirm which is closer (tp 1 or tp2) 10. Look left for the most recent area of Liquidity. It's a candle with a long wick up or down where price reverses sharply. 11. Scan the Algo for a price level WITH volume. You have found your target. Adjust your take profit and walk away.
Education
by CoffeeshopCrypto
81
$BAH is breaking out of a ~21 month long base! Can it go higher?Notes: * Strong up trend on the higher time frames * Great earnings track record * Broke out of a ~21 month long base * Higher than average weekly volume and coming off from its 10 week line * Also breaking out of a smaller consolidation of ~12 weeks * Gaped up a couple of days ago and is now coiling * Broke historical resistance around the $97 area Technicals: Sector: Industrials - Consulting Services Relative Strength vs. Sector: 3.15 Relative Strength vs. SP500: 2.07 U/D Ratio: 1.37 Base Depth: 7.78% Distance from breakout buy point: 0.23% Volume 55.27% above its 15 day avg. Trade Idea: * Now's a great time to buy since the price is just breaking out and is close to the break point * If you're looking for a better entry you may look for one around the ~97.85 area as that should hold as support
NYSE:BAHLong
by HaseebKhan_90
Is $NVO ready to push higher on the right side of its base?Notes: * Very strong up trend on all time frames * Great earnings * Pays out dividends * Forming a base for the past ~8 months * Testing the 50 day line as support for the past 4 sessions * Bouncing off the 50 day line with higher than average volume and printed a pocket pivot Technicals: Sector: Healthcare - Drug Manufacturers - General Relative Strength vs. Sector: 1.62 Relative Strength vs. SP500: 1.24 U/D Ratio: 1.02 Base Depth: 18.33% Distance from breakout buy point: -8.94% Volume 44.56% above its 15 day avg. Trade Idea: * You can enter now as the price is just bouncing off of its 50 day line with tonnes of volume * If you're looking for a better entry you might find one around the 110.5 area * This stock usually has local tops when the price closes around 14.27% above its 50 EMA * Consider selling into strength if the price closes 14.07% to 14.47% (or higher) above its 50 EMA * The last closing price is 1.57% away from its 50 EMA
NYSE:NVOLong
by HaseebKhan_90
CEMI Falling Wedge, 50% retraceCEMI has found support at the 50% retrace of its move to 52 week highs. This is a Covid testing stock, was given price target of $21 on 5/26/20 by Baird (see Finviz) and stock has not reacted. Price now consolidates in a severe falling wedge. Given the angle of the wedge, a resumption of the uptrend should come with a steep upward slope. Price must reclaim the 50 day EMA/$10 level for me to consider a position, I would normally wait for the breakout, but I like the risk/reward at $10. I will likely go for 1/2 position if it can close above $10 on the 4 HR and 1/2 position if breakout occurs. I anticipate the breakout to at least test the recent highs. -Being a Covid stock, if CEMI breaks out its because the virus narrative is back in play, and the premium placed on Covid stocks will be very high given how integral these companies are to a functioning economy. As I have previously said in my WTRH idea, the market is not exactly throwing these Covid stocks completely away, my opinion is many of them have consolidated in a bullish manner, CEMI being one of them.
CLong
by ETrades1
INSG 50 EMA support inside falling wedgeINSG has pulled back very nicely to the 50% retracement, which was also the breakout level, after reaching its highest price since 2009. Currently consolidating in a bullish falling wedge, price has found strong support on the 50 EMA which means a potentially imminent resumption of uptrend. I am looking for the wedge breakout which I anticipate will occur around $11.50 to initiate a position. I would like to see MACD turn positive and the 14 RSI break the 50 EMA (purple dotted line) which, in my experience, has been a reliable indicator.
NASDAQ:INSGLong
by ETrades1
6
Weekly Watchlist: GBP/USD - July 8 - 12, 2019DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". DAILY: Price has reached a strong support area. There might be a possible double bottom, and there is MACD divergence. Over extended 50EMA. We might be looking for a reversal. 4HR: There was a lower test candle printed. Price still below the 50EMA I would have to wait for a cross of the 1hr 50EMA before taking a long position.
Long
by EdwardFabianRamirez
2
EURUSD Potential Pullback Entry AreaEURUSD attracted sellers upon reaching the 50 day EMA and the 50% pullback point on the corrective bear swing. The pivotal structure still suggests bullish continuation as long as the swing low around 1.1430 holds, therefore short risk on EURUSD is still the preferred choice. As of currently, the gap area around 1.1520, also the 50% pullback on the earlier bullish leg, is a must watch area for a possible bounce. Refer to lower timeframes for entries while keeping in mind the bigger pivotal picture. Long entries on this pair around 1.1520 with tight stops below 1.1480 and wider stops below the swing low 1.1430 seems reasonable for now.
Long
by Zoen_Trieste