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Uptrends

Beginning of the Uptrend for Stock #01Beginning of the Uptrend for Stock #01: 9988 (BABA) The price has broken out of a consolidation range that lasted approximately two years, supported by a normal volume distribution. The stock has risen to meet the Fibonacci Extension resistance level of 161.8 at a price of 144 HKD. Currently, it is forming a sideways consolidation pattern on the smaller timeframe, establishing a base structure viewed as re-accumulation. The 6-month target is set at the Fibonacci Extension level of 261.8, which corresponds to a price of 189 HKD. This target aligns with a price cluster based on the valuation from sensitivity analysis, using the forward EPS estimates for 2025-2026 as a key variable for calculations, along with the standard deviation of the price-to-earnings ratio. Wait for the Right Moment to Accumulate Shares within the Consolidation Range Purchase near the support level of the range when the price pulls back. Look for a candlestick reversal pattern as a signal to add to your position. However, should the price break down to the lower consolidation range, the stock would lose its upward momentum, potentially leading to a prolonged period of consolidation or a deeper pullback to around 90 HKD. Always have a plan and prioritize risk management.
HKEX:9988Long
by CoachGoii_SuperTrader
Observing Bitcoin's UptrendsEach time Bitcoin has entered an uptrend, it eventually reaches a new ATH and then loses the uptrend about a year or so later, and the begins a new and weaker uptrend. Its first uptrend was lost about 2-3 months following its ATH, and the 2nd and 3rd ATH failed to re-test the bottom of that trend. When the 2nd uptrend was lost, the next ATH perfectly re-tested the bottom of that trend before dropping and ultimately losing it. *** This time is not like the others *** Within approx 5 months of losing the red uptrend shown above (its 3rd uptrend), Bitcoin reclaimed it for another 5 months or so. Then it lost it a second time; eventually testing the bottom of the current or 4th uptrend during the March 2020 black-swan event and briefly wicking below it. Following the black-swan, Bitcoin moved up to reclaim the red uptrend a second time; in a little under a year. Again, remaining above it for a little over 4 months. After two attempts to reclaim the 3rd uptrend, it fell back below, re-testing the bottom of it, and then moving back down to our present uptrend. What is also different this time, is that it has held the current uptrend twice after having attempted to reclaim the previous one. It ha also held the current uptrend for longer than any previous - for a little over 4.5 years. The previous two were held for a little over 3 years. Will we see one last weaker push towards the bottom of the red trendline before finally losing the current one?
BNC:BLX
by dudebruhwhoa
Powerledger (POWR) is in uptrendHello Traders, As you can see in weekly time frame, Powerledger ( POWR ) is in short-term uptrend, if it continues uptrend then it may complete cup pattern by reaching previous ATH. If it reaches previous ATH then it is big profit for us. Recently POWR is listed in Binance, Coinbase and KuCoin exchanges so I am expecting lot of people investing into this token. Remember this is weekly buy so you has to hodl POWR for weeks, be patient. Leave your opinion in comment section. Follow us for related analysis. Thank you.
Long
by Naveevo
Stocks To Watch This WeekThe Market's longer term uptrend still intact. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 20 total stocks on this list Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
NASDAQ:AEHRLong
by Jtacher51
20
CRV to the moon. A coin that discouraged everyone last seasonI have only used fundamental analysis in this chart and my recent Bitcoin analysis has made me consider giving you this great idea. This week will be the decisive week of Bitcoin weekly with a number of indicators that have a very high probability of giving good signals. This is one of those coins that last season a lot of people held and then left it, which was the decisive factor that made this retest be perfect. Anything that doesn't make sense, please give me a comment. Please motivate me to develop myself and help someone needed. Don't forget click like, it's a hug for me. Thank you!
Long
by BMynameX
4
NEVER TRADE AGAINST THE TREND - GBP USD BREAKOUT REVERSALThis summary of the recent rally on the GBP USD highlighted the important rule of never trading against the main direction of the trend. The only exceptions to this rule are 1. Reversals at Major Resistance/Support Consolidation Boundaries of the Monthly, Weekly or Daily Charts. 2. Reversals at Major Resistance/Support Price Points of the Monthly, Weekly or Daily Charts. In the absence of any of these scenarios, trading in the general direction of the Daily Chart is always your better choice. As you can see, there was a recent attempt by the market to start a Bearish Breakout from the Consolidation on the 4 Hour Chart overnight but this was short-lived. This movement was taken out by the Sharp Bullish Rally this morning in reaction to the sterling-positive outlook from the Bank of England. Essentially, the Bank of England stated that inflation was expected to rise to 2% which in the context of the current global pandemic and economic downturn is a very positive outlook for the British Economy. Statements like these are always positive for the currency in question and so the natural reaction of the market was to buy the sterling. Even in the absence of this statement , the GBP USD was always going to rally because of the fact that the Outer Uptrend Line was still holding, despite the break of the Inner Uptrend Line. So as long as the momentum of the market is still Bullish, trading in favour of the GBP is going to be the better option. First Strategy. Trade the False Breakout Reversal to Resistance of the 4 Hour Pennant. Exit and wait. Second Strategy. Trade the Breakout above the Resistance when the Uptrend is confirmed.
by shepherdduane
1
Stocks To Watch This WeekThe Bull Market is strong, the end of 2020 saw many growth names pull in or consolidate which gives a better reward to risk entry. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 30 total stocks on this list. I add an additional 3 stocks that are on my potential short squeeze watch list. Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance, grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
NASDAQ:LGNDLong
by Jtacher51
19
AAON at epic opportunity NASDAQ:AAON Just noticed this stock and this great opportunity. those position I like the most because you catch them at the start and can take high profit from just solid trend. I have multiply reason to buy this stock: Uptrend - this stock keeps going up few months now, just move up your stop command once in several weeks, and its a great profit. very strong support level - as you can see, the support level gave me confident along this year so now after it send this stock back up, I am pretty sure this is going up this time too. Perfect channel - the channel stayed storng since the COVID-19 came to our life, so I can realy lean on it. Ensure candle - just saw the stocks signals that is going up according to the 3 points above, so I realy trust it. I will put my position with 'take profit' at the top of the channel, and my stop not that far down. If it will stay that solid I probebly will come to another money maker from that stock. Of course, trading this stock is by your own risk. keep trade well.
NASDAQ:AAONLong
by omer12345678
1
Perfect illustration of a Flag formationThis was an analysis of the DXY I did previous to the whole price movement upwards. My analysis was projected 09/09/2016 at around 7am before the market started moving. This is just to show you that technical analysis is a strong and very reliable method to make profits within the financial markets. I projected the MinPO from the previous spike upwards and predicted the same movement again after a the pull back (flag). The MinPO (Minimum Price Objective) was successfully hit... now a possibility for another flag formation in this pull back? Keep an eye out for this pattern... but of course the probability of this pattern occurring again is now lower, since market has already shown such price movements previously. APPROACH WITH CAUTION (Stop loss a bit tight maybe?)
FX:USDOLLARLong
by OSEA7
DOW JONES OVERVIEW: MICROSOFT RESTORES ITS LONG TERM TRENDSMicrosoft is restoring its long term up trends after late August selloff Recently the price bounced up from 10-year uptrend border, which is marked by the upper 1st standard deviation from 10-year mean @ 39.40. If the upwards impulse continues, price will also restore its 5-year uptrend, by trading above its border, marked by the upper 1st standard deviation from 5-year mean at 43.75. On short term basis nothing stops MSFT from restoring its long term trends, as price trades laterally within 1st standard deviations from 1-year and quarterly means.
NASDAQ:MSFTLong
by Killy_Mel