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GSX in 1-2, 1-2 with a bull flag. The market is still trending down, so not sure I want to play, but this could be a big jump
no real resistance until 99 area. lets see if the death cross can become a golden gross once again.... on watch this week
Stockonomy Weekly Pick 02.08.2021 After a high volume run-up following the golden cross setup, $GSX wedged back to the 21 EMA and near 61.8% Fibonacci Levels. Extreme StochRSI, 21 EMA support, and relative volume indicate an excellent entry zone to higher prices.
Earnings are estimated to be on 2-28 BMO..The vertical red lines are earning dates. This one took off like a rocket, became extremely overbought and came back down close to earth again but is still up 50%ish..I bought this at the bottom and got out too soon during the first run up as it was extremely overbought on RSI. Don't you hate it when you do that? LOL ...
The coronavirus is getting worse in China, and it's possible that investors believe that's a good thing for GSX. GSX is a remote-education company in China, and its business grew substantially in 2020. And if COVID-19 gets worse in that country, it's possible 2021 will be another good year for this business. According to The Associated Press, new coronavirus...
Proceed with caution.. I sold this today cos I bought it at 44... room to run ith a pull back in place but is extremely overbought at present time with RSI on 80 ...has been that way for days and this market does not care..scary.. Bullish divergence on RSI before rally with a much steeper price drop than RSI reads... No recommendations here...trade at your own...
Divergence playing out on 4h and daily already. Breaking 200ma. HBD on the daily. Massive gap to fill on the upside. Huge risk, also huge reward. Only a good entry if it holds the 200 ma break. Also a gartley reversal.
Falling wedge Daily classic bullish divergence on the MACD 4hr classic bullish divergence on the MACD and RSI 1st Target = Resistance 2nd Target = Gap fill 3rd Target = Gap fill Stop = Below lowest candle low of the current downtrend (Could bounce off resistance though)
What? "Euro" bankers have downgraded the stocks.
Triple top and has been falling back down to earth for quite a while. NV has remained high through out the long fall. Heiken ashi candles show it is still on the bearish side. Tese are different from regular candles and filter out some of the noise and can help identify trends. Heiken-ashi candles are opposite in some ways than traditional candles. Hollow green...
Stop: 50.00 Potential reversal trade looking for 81 first. Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model : Focuses on reversal and continuation wave structures In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are...
id wait for a break of the downtrend channel for a long entry. it could just keep bleeding down with no bottom for years. be careful here! :) gl
Demand Zone below Sideway Consolidation Gap into demand zone Entry 56 Stop 51 target1: 75; target2: 100; I am not a PRO trader. I need few months to practice trading strategies. If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
I don't do any kind of prediction on the market for quite a long time as I prefer to take trades with my system and respect whatever result the market gives. This one is more an verification idea than a trading idea. GSX stocks had been fallen a lot after the scheme, and it broke the inside week to the downside before ER. I will pretty much be pessimistic about...