Short on AM
AM is currently in an ascending wedge with bearish RSI divergence also shown on smaller timeframes. SL at last swing high with target at bottom of wedge, moving SL to BE when safe to do so.
AM
Antero Attempting Rectangle BreakoutAntero Midstream is working on its 4th weekly close above the upper line of a rectangle pattern. Price is trading above all of its MAs with all MAs in bullish order indicating a bullish trend for price.
The PPO indicator shows the green PPO line rising above the purple signal line which indicates bullish momentum in the short-term. Both lines trending above the 0 level indicates bullish momentum on an intermediate to long-term basis.
The TDI indicator shows the green RSI line trending above the 60 level which indicates a short-term bullish price trend. Going forward we want to see the RSI remain above 60 to sustain this potential breakout above the upper line of the rectangle pattern.
Assuming that natural gas and oil have bottomed and continue to move higher AM should benefit from the rising trend.
TARGET Reached at 183.90 on Dassault Aviation With Dassault Aviation a Cup and Handle formed, price broke up and out of the Brim Level.
We had confirming indicators showing strong upside including:
7 >21 >200
Bullish bias
Target EUR 183.90 which it hit.
Now it looks like the price is going to retrace a bit, move sideways and create a new bullish formation to get into.
I'll let you know!
AM Aviation flying to 183.90 nextCup and Handle has clearly formed on the daily chart with AM.
7 >21 >200 all perfect for setting up for upside.
Bullish bias
Target EUR 183.90
Antero Midstream shooting off. AMGoals are 11, 12. Invalidation at 8.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
An update to our Apple stockHi everyone
as we expected Apple moved in the direction that we wanted. furthermore there is a correction path ahead that if it gets done, on the highlighted level, after getting confirmations we can go for a long position again!
be wise, analyse!
Good luck!
Antero Midstream flowing Downstream. AMAn upgoing zigzag by the looks of it, currently at Wave B. Wave B looking to be complex correction, looking at fibtime, so we are looking for that second zigzag to send us lower. Either way, we have already formed a divergence and momentum is bearish, which all point to a bearish scenario.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
btc usdwere going off to the 100 k before there comes a big drop towards 60-50 k in a month time maybe more ..... the faster is spikes down, the bigger the upwave will be, if it slowly drops, and in the end allot, its gonna raise in a long term but verry rapidly when it starts.
AM inverse H&SAntero Midstream's NYSE:AM inverse head and shoulders pattern is now confirmed. Long term position trade. Looking to add to my position and accumulate over time.
“Do you know the only thing that gives me pleasure? It's to see my dividends coming in.” J. D. Rockefeller
Antero Midstream Corp.Here's a longer term technical view of Antero midstream NYSE:AM . After a multi year downtrend, AM has been forming an inverse head and shoulders. I did some measurements I thought were interesting and sharing them here for feedback and comments.
The left shoulder took about 169 days to form. projecting that on the right shoulder shows the shoulder should be about done mid January 2021. The right shoulder is being formed within a bearish channel and has created an AB=CD like scenario. I noticed that the C point of the AB=CD formation is about mid way in the left shoulder measurement. Measuring the AB=CD sends the projections around the total measurement of the left shoulder. Looking for the bottom of the left shoulder to be around $4.50 - $4.00. I placed a green box to highlight an area where the breakout could occur if the formation plays out.
If nothing else, we'll call it chart art.
Enjoy
Fortress Investment Group Allocates 39.56% To Their HoldingsEntry 1/2 ****STOP 8%****
We routinely review hedge fund filings, and the trend is becoming clear: funds are bullish on oil. From Warburg Pincus, to Elliot Management, concentrated funds are betting big on the energy sector.
The reason why we chose this particular oil company was because of two reasons. First, and most importantly, the risk reward is extremely attractive right now because the price is coming off a key support level. Those supports were breached on two separate occasions, but, both times that happened was during a significant market correction. The second reason we like this stock is because of the extent to which Fortress is concentrated; 39.5%, a bold prediction.
Since the stock is ranging, $26.00 looks like a good area to consider taking profits. Entry 1/2, ****STOP 8%****
Good luck as always and happy trading everyone
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