HR
Quick 50 pipsAfter analyzing this pair I believe it is buy. Profit should take place this week because I analyzing the pair on the 1 hr. Please share your thoughts!
HR Daily Chart Analysis - 7th MayHR is in somewhat a consolidation range after a huge decline in share prices.. could be a good range setup
1 hr Long Setup - Kbsf - Possible Black Swan Reverse Stock SplitCompany announced a few weeks ago a Reverse stock split moving the share value from $0.18 to $18 in matter of a few days. For the last week it has been testing the .236 level where it has been finding strong support. Currently trading above the 100 ema on the 10 hr chart showing a string of daily doji's. Also a nice wedge, triangle has been forming ever since the original drop from $18 to $8. Also hard to ignore is price was traded at More Than $150 3 Years Ago
All Time High @ $200 +/- Its Nice Looking Hip Trendy Clothing with multiple markets in Asia/Euro/Us
Physical Boutiques & Nice Website w/ Good Collateral ....question is this.... what is the motive behind a company initiating a reverse stock split? future prospects and goals with an eye on the prize? .... or pump and dump penny bs..... whats your take? high risk high reward? Diamond in the ruff or thorn in the side? ...
If It Bounces Of .236 Fib Then 1.618 Fib Target is $27
Shorting EURCAD at important level and "Broken fang"The EURCAD has multiple times hit the important level of 1.463 (purple box) but has now finally broken through it. We look to short it when it retests this level as we then get what i call the "broken fang" setup meaning that price prints lower lows but equal highs. Our stops go above the resistance box and I'm hoping to catch a 1:3 on this one as price should come back down to at least 1.447. Moving my stops to breakeven when price hits 2/3 of profit.
We can also see that we are currently in a downtrend (Lower highs and lows indicated by the blue lines).
Good luck everyone and as usual, hold your thumbs!
