Goldencross
PHB/BTC | Golden Cross | S/R Flip Retest | Increasing Volume Today's analysis – PHB/BTC – Breaking bullish from its ascending wedge pattern, retracing to re-test daily support.
Points to consider:
- S/R flip retest
- Support confluence
- EMA Golden Cross
- Increasing Volume
- Oscillators above 50
PHBBTC trading in a healthy uptrend with a strong breakthrough daily resistance. Currently retracing to establish an S/R flip retest of daily support, price holding support will form a higher low on the chart forming a bullish bias in the market.
The 200 EMA is also in confluence with daily support; putting a strong emphasis on support being a key level. Price trading above the EMA is also considered bullish.
A golden cross of the 200 and 21 EMA will indicate momentum shifting to the upside; another confirmation supporting the bullish bias.
The break of daily resistance was backed by above-average volume; adding validity to the price action. Volume needs to remain above average to maintain strength in the market and avoid any fadeouts.
The RSI is ranging above 50, indicating strength in the market. Stochastics are reaching oversold conditions and may remain there for some time.
Overall, in my opinion, a successful S/R flip retest backed by volume validates a long trade to technical targets above with risk defined below daily support.
If you’ve read this far - thank you for following my work!
And as always,
Focus on you, and the money will too!
TESLA: When Is The Next Bounce?NASDAQ:TSLA
DISCLAIMER: This is not a "technical analysis" and more of a "hypothesis" for my future inquiries with this stock. I am personally an optimist for the EV industry and hope for it to grow.
TESLA stock price seems to respect the 200 period simple moving average in an hourly time frame. Since the 'golden cross' in late March, March 30th to be exact, the price has bounced off the 200 MA at least 'ten' occasions. Even if I don't go into all those pessimism regarding the company's fundamentals or overvaluation and stick to the simple trend analysis, the question remains: "when will be the next bounce?" Or is it a break of structure?
If you find this interesting then please let me know your thoughts. I will be posting more in this topic in the future.
It is possible to Drink a Cup of Tea After Hammeringthis Idea is in Continuation of my Confirmed Previous Idea.
as I told in my Idea on Jul 8
NAS made Three Drive Pattern
and NAS is in near of First Critical Zone
It is Technically Possible that First NAS100 Falling Will start Soon ( black zone )
and NDX Butterfly burns in the fire.
I hope that you can drink a cup of Tea, not eye Tear.
pls go Back 2 your original uptrend path:) Can we c twtr getting back in between the upward lines until earnings coming soon (2 weeks time)?
I'de like 2 c the bull cross of 50 and 200 DMA .- BTW , I noticed in a few assets that almost golden cross ,
I know its a late sign but.... better be late then never.
Bullish Charts - Golden Cross, July 6 Conf CallObsEva SA, a clinical-stage biopharmaceutical company, focuses on the development and commercialization of novel therapeutics for women suffering from reproductive health and pregnancy. The company is developing Linzagolix, an oral gonadotropin-releasing hormone receptor antagonist for the treatment of pain associated with endometriosis and heavy menstrual bleeding associated with uterine fibroids in pre-menopausal women. It also is developing OBE022, an oral and selective prostaglandin F2a, or PGF2a receptor antagonist, as a once daily treatment for preterm labor in weeks 24 to 34 of gestational age; and Nolasiban, an oral oxytocin receptor antagonist to enhance clinical pregnancy and live birth rates in women undergoing in vitro fertilization. The company was founded in 2012 and is headquartered in Geneva, Switzerland.
On 06/29/20, ObsEva announced it will hold a conference call to discuss results from Phase 3 PRIMROSE 1 and PRIMROSE 2 clinical trials evaluating their drug Linzagolix in women with Uterine Fibroids.
I personally think the conference call will be Bullish because on 07/01/20, ObsEva and Yuyuan BioScience Technology announced submission of the PRE-IND Dossier for Nolasiban with Chinese NMPA.
This company has a few things going on that could be a catalyst for the stock moving into July 6, next week.
Daily Chart is Bullish
50-Day MA just crossed up above the 200-Day MA - I believe this cross just happened today on above average volume.
MACD is turning up, Bullish
RSI is Bullish
Stochastic is Bullish
The Cloud indicators are all Bullish as seen below.
8-May-20
3.36 Bullish Kumo Breakout
5-May-20
2.95 Bullish Senkou Span Cross
4-May-20
2.41 Bullish Kijun Sen Cross
29-Apr-20
2.55 Bullish Tenkan/Kijun Cross
20-Apr-20
2.10 Bullish Chikou Span Cross
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Bullish Charts - Golden Cross, Buyout TargetSprouts Farmers Market, Inc., a healthy grocery store, provides fresh, natural, and organic food products in the United States. Its stores offer fresh produce, packaged groceries, meat and seafood, deli, vitamins and supplements, dairy and dairy alternatives, bulk items, baked goods, frozen foods, natural health and body care, beer and wine, and household items. As of February 20, 2020, it operated 341 stores in 22 states. Sprouts Farmers Market, Inc. was founded in 2002 and is based in Phoenix, Arizona.
Daily Chart:
Volume: Bullish
PMO Turning Up: Bullish
MACD Turning Up: Bullish
RSI: Bullish
Stochastic: Bullish
OBV: Bullish
Accumulation: Bullish
Sector: Bullish
100-Day MA just crossed the 200-Day MA - Bullish
Market got crushed today, Sprouts was up. Bullish
I personally think Sprouts could be a buyout target especially after Amazon bought Whole Foods.
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Bullish Charts - Golden Cross, Possible BuyoutCloudera, Inc. provides a suite of data analytics and management products in the United States, Europe, and Asia. The company operates through two segments, Subscription and Services. It offers Cloudera Enterprise Data Hub that allows companies to execute various analytic functions against a shared set of governed and secures data in public and private clouds, and data centers; Cloudera Data Warehouse, a hybrid cloud solution for self-service analytics; Cloudera Data Science and Engineering enables users to streamline, simplify, and scale big data processing; and Cloudera Operational DB that enables stream processing and real-time analytics on continuously changing data. The company also provides Hortonworks Data Platform, a data management platform that helps organizations to securely store, process, and analyze various data assets; Cloudera DataFlow, a data platform that collects, curates and analyzes data; Cloudera Data Science Workbench that enables self-service data science for the enterprise; and Cloudera Altus, a platform-as-a-service offering In addition, it offers Cloudera SDX, a solution that enables common security, governance, lineage, and metadata management for multiple analytics functions; and Cloudera Workload XM, an analytic workload experience management cloud service. Further, the company provides consulting, professional, and education services. It serves corporate enterprises and public sector organizations primarily through its direct sales force. The company was founded in 2008 and is headquartered in Palo Alto, California.
Daily Chart:
Volume: Bullish
PMO: Bullish
MACD: Bullish
RSI: Bullish
Stochastic: Bullish
OBV: Bullish
Accumulation: Bullish
Sector: Bullish
50-Day MA just crossed the 100-Day MA and the 200-Day MA - Bullish
Search through the recent news, there has been a lot of talk about Cloudera being bought for as high as $18.00 a share. IBM was mentioned as a potential buyer of the company.
Market got crushed today, Cloudera was up. - Bullish
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
JK TYRE | NSE | AnalysisHey guys!
JK Tyre has a great setup here. It has been following a strong trend line since mid-march 2020.
This trend line helped JK tyre breakout of the Ascending triangle pattern reaching 60+.
Currently JK Tyre seems to be forming a bullish pennant signalling a bullish continuation upwards.
Adding to that, The 50, 200 MA seems to be forming a Golden Cross on the 4H chart, which will trigger a breakout of the pennant.
Moreover, the MACD on the 4H chart is converging bullish.
Wait for entry near 60.5-61. Target is 70 - 71 (~ 15%).
Thank you!
Bullish Charts - Golden CrossNIO is a Chinese automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric autonomous vehicles.
The company is also involved in the FIA Formula E Championship, the first single-seater, all-electric racing series.
NIO recently raised almost $1 Billion of much needed capital.
Ahead of the $1 Billion, NIO raised an additional $335 Million through private placements.
NIO's deliveries are advancing nicely.
I do not want to be out of this stock on the next spike up.
The daily chart looks bullish with a clear sign of the Golden Cross, Bullish.
The last time we spotted the Golden Cross on the NIO Daily Chart was around January 8, 2020. The stock was trading in the $2.50 range and spiked up.
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.