Downloading...
Download

Shorttermsell

Amgen might move down soon according to the RSI....I have changed up how to best display projected movement. In the case of AMGN triggered a SELL on my RSI algorithm on March 19, 2021. Equities nearly always obey the signal and move down, but sometimes it may continue to move up first. I have placed two red boxes and two green boxes on the chart. The larger red box depicts all of the historical movement, from a percentage standpoint, that this stock has moved on the Daily chart after a SELL signal occurred. Therefore, this box represents 100% of previous movement upward before the stock finally moved downward. The smaller red box represents 50% of all historical movement upward, before the stock moved downward. The smaller box is more of a precise target for the potential top in this instance. The green boxes represent the same thing. In this instance, the smaller green box would be my projected target for the final bottom. The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement. As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play). All statistics and the full analysis are available for free as always at the site below.
NASDAQ:AMGNShort
by StockSignaler
US30 SELL SHORT 1H DTClear double top indicated across time frames around 26,300-26,400, clearly seen on 1h chart as well as 4h. Neck line break following a 800 dollar drop below 25,500 with a daily close. Following a neck line break the expected drop is equal to the distance between neckline to tops, meaning 800. Target stands on 24,600-800 for now. The fundamentals remain uncertain as infections rate grow stronger globally together with lack of consistent confidence. Holiday season 2020 remains massively uncertain as well, threatening multiple huge industries. Strong combination of technical and fundamental confirmation.
OANDA:US30USDShort
by Exactus
Not a 'Shitcoins' dump. Just a scheduled Binance upgrade.I'm waking up to see people screaming about how we have a massive 'shitcoin' dump happening as we speak. If only they knew that what will be a temporary downspike is thanks to people waking up to Binance's planned maintenance email. Estimated time of impact: Today - UTC 0200hrs. - UTC+8 (SG, HK, South East Asia) - 1000hrs. The planned maintenance is expected to last 6 to 8 hrs during which time all trading will be suspended. The effects of it is going to be somewhat devastating (dependent on what your investment is). I suggest selling out just before time of impact where I believe prices will be highest and buying back in as Binance re-opens for maximum gains. Good luck everyone!
Short
by PurpleCrypto
Overbought overreaction: short BYND 138c June 14BYND reported earnings with a wider loss in the first quarter of 2019 due to higher costs and expenses, but outstanding guidance for next year. Even bullish analysts have set price targets below the current market price of $135. JPMorgan is overweight with a $120 price target, Bernstein rates outperform with a $107 price target, Credit Suisse sets a price target of $125, Goldman set a target of $76 and BoA Merrill Lynch sets a price target of $101. Competition is also increasing in the already-crowded space. Nestle announced earlier this week that they will launch a plant-based burger, dubbed "the Awesome Burger." Burger King in in the process of adding the Impossible Foods burger nationwide and Tyson Foods is creating a plant-based protein that is mirrors Beyond's offerings. Beyond Meat is only one brand in a very competitive space. This huge jump of over 35% after reporting more losses, yet a "positive outlook" despite increasing vehement competition is an overreaction. The RSI indicators show a reading of a whopping 81, indicating that BYND stock is extremely overbought. BYND is also trading outside of the bollingers, making it fit for mean reversion. The MACD indicator also shows that the momentum is waning. The Parabolic Stop and Reverse indicator is now above the candles, indicating a bearish movement to come. We are thus shorting the 138 calls with June 14th expiry (next Friday). This benefits from the expensive contract prices because of high implied volatility, and the near-term expiry thus allows us to collect theta premium.
NASDAQ:BYNDShort
by LaurenTrading
Bitcoin - Quirk Update IIBITFINEX:BTCUSD Noisy Daily Analysis - Short-Term Bias adjustment 6400ish Potential Bullish Shark Pattern AC 1.13-1.618 XD 0.886 Potential Bearish Crab Pattern 1.618 Potential Bullish Gartley Advanced Pattern 1.272 Potential Bearish ABCD Pattern 1.618 2x Andrews Pitchfork Median Line Support and Resistance Levels Moving Averages Fibonacci Retracement Levels This is an adjustment from the previous Noisy Daily analysis. The Money Journey - Hope for the best and prepare for the worst. Press the Like's button (Min +10) to get an update analysis on the spot and let's Reach Your Dreams by Following My Journey's.
BITFINEX:BTCUSD
by EchoLAB
1
Bitcoin - Quirk Update IIIBITFINEX:BTCUSD Noisy Daily Analysis - Short-Term Bias adjustment 6600ish Potential Bullish Shark Pattern AC 1.13-1.618 XD 0.886 2x Potential Bullish Deep Crab Pattern 1.618 Potential Bearish Crab Pattern 1.618 Potential Bearish ABCD Pattern 1.618 Support and Resistance Levels Moving Averages Fibonacci Retracement Levels Hedging Strategies This is an adjustment from the previous Noisy Daily analysis. Modified Long Term Buy Targeted Bearish Crab Pattern 1.618 + Lock $5400 Setup Short Term Sell Targeted Bullish Shark Pattern AC 1.13-1.618 XD 0.886 2x + Stop POV 1.618 The Money Journey - Hope for the best and prepare for the worst. Press the Like's button (Min +10) to get an update analysis on the spot and let's Reach Your Dreams by Following My Journey's.
BITFINEX:BTCUSD
by EchoLAB