As we discussed in our members area last week, traders not already long can still watch for pull backs ideally followed by
a price action buy signal on the 1 hr, 4 hr or daily charts to get long.
This chart is still looking very bullish and we will watch for
price action buy signals at support levels on any pullbacks this week.
Once again, we are waiting for a clear
price action buy signal to get long this week.
We remain mildly bullish in the near - term and we could see the market move down to re-test support near 1295.00 — 1306.00 key support zone where we would be watching closely for
price action buy signals to get long.
Traders can look to buy near 2680.00 — 2645.00 or just above on a clear
price action buy signal this week.
We remain bullish whilst above 1300.00 and will be watching closely this week for 4 hour or daily chart
price action buy signals within this zone.
Traders could potentially consider a short - term long play if we get a small retrace lower and then
a price action buy signal, targeting 1.0800.
The trend is obviously still up in this market and we will continue watching for
price action buy signals on any retraces back to support in the coming days.
Look for
price action buy signals on a pullback whilst prices remain above 1.2080 support.
We will keep watching for
a price action buy signal near current levels down to 1295 this week to get long.
Watch the 21 day ema as well as 0.7955 — 0.7800 and look for
price action buy signals on a pull back whilst prices remain above that support / value zone.
We will be looking for
price action buy signals on a pullback whilst prices remain above the support zone seen below.
We are now watching this market to continue rotating lower, as it started to late last week, so we can watch for
price action buy signals within that 108.15 — 107.35 zone to get long and trade in - line with the near - term uptrend.
Watch for
price action buy signals on a pullback to that 1320 — 1307 support area this week and target resistance up near 1365.
Look to get long on
a price action buy signal anywhere from 1.3990 to 1.3750 and we remain bullish whilst above 1.3750.
A level at which we can look for
price action buy or sell signals such as the pin bar.
There's a key zone of support between 1.3990 and 1.3750 and we are looking for
price action buy signals within that zone this week on a pull back in price.
Traders can watch for
price action buy signals from current levels down to 1.2140 this week to get long.
We remain bullish on any pull backs whilst above that support range and will watch for
price action buy signals and can expect a move up through recent highs near 1360.
We will watch support near 58.00 — 58.15 for
price action buy signals to get long and target recent highs near 66.60 or possibly a push through that level.
There is short - term support just below near 1.3990 and there is a zone of value / support at 1.3990 — 1.3750 that we can look for
price action buy signals within to get long and target recent highs near 143.40 resistance.
When we find clear range - bound conditions in a market, we can watch for
price action buy and sell signals at the support and resistance of the ranges...
We will be looking for 1 hour, 4 hour or daily chart
price action buy signals this week on any weakness whilst price is trading within or above that support zone.
We will keep a close eye out for
price action buy signals this week on any weakness / pull backs whilst above 47.10.
So from here, the best potential trades will likely be to buy gold if prices pull back towards that 1295 - 1300 major level... we would either wait for
a price action buy signal, or we could just blindly jump in.
We will be looking for
price action buy signals on a pullback whilst prices remain above the support zone seen below.
Traders can watch the 66.55 — 64.25 support range this week for
price action buy signals to get long, in - line with the uptrend.
Watch any pull backs towards that zone for potential
price action buying opportunities this week.
Not exact matches
We move through the world feeling in control of our
actions; and the decision to purchase something is no different: We think we
bought that new product because it had the best features, the best
price or the best look.
In theory, hedge funds can pursue a lucrative strategy of
buying impaired bonds from less knowledgeable investors at deeply discounted
prices and then taking aggressive legal
action to collect all, or almost all, of the promised principal and interest.
Needham upgraded shares of CVS to a
buy rating and bumped its
price target on the retail pharmacy, praising the company's proactive
actions as competition from e-commerce giant Amazon looms.
After years of
buying up companies then raising the
prices of their drugs — a strategy that rapidly amplified Valeant's revenue and stock
price — Valeant is now struggling to grow by other means, while dealing with the consequences of its previous
actions.
Such
price action indicated that a momentum - based breakout above the highs of the trading range was likely to occur in the coming days, so we added $ EPU to our «official» Wagner Daily trade watchlist as a potential
buy entry, just in time to catch the December 31 breakout.
Now that you've seen the bullish
price action subsequent to the breakout, let's take a more important look at the technical trading criteria that preceded the breakout, which then prompted us to
buy the ETF for swing trade entry.
Based on the above explanation of our short selling methodology, our anticipated entry into $ GLD (or
buy entry into a «short ETF») is now a bounce to near the $ 150 level that is followed by the first subsequently bearish
price action.
Rather than chasing the
price action, we decided to patiently wait for a pullback or other low - risk
buy entry to develop.
To avoid chasing
buy entries, you merely scan for charts where the
price action is not extended too far above the 10 - week MA.
We can never predict when leadership stocks will begin to crack, so we must continue
buying the best stocks until
price and volume
action gives us a valid reason not to.
We may also see miners» taking some
action to boost their share
prices, whether it be through increasing their dividends or
buying back shares.
Figure 1 shows this value - destroying behavior in
action for GE (GE) by comparing between the amount of money spent
buying back shares and the
price to economic book value (PEBV), a measure of the growth expectations embedded in the stock
price.
We are now monitoring $ FXE for a potential low - risk
buy entry point on a pullback, especially if the
price action can test the rising 20 - day exponential moving average, along with forming a «higher low.»
Gold is faling now, back to that same supoort, previous resistance and maybe we will get good
Buy price action signal now.
A break above the three - day high is our
buy entry, as this would put the
price action above the 20 - day EMA and the short - term downtrend line of the tight range.
The
price action encourages those who
bought around 2,600 to...
With much of the
price action in gold driven by sentiment and technical analysis, you should keep an eye on the broader trends, even if you consider yourself a
buy - and - hold investor.
When one bar equals an entire month of
price action, determining where to
buy or sell based on that chart would be impossible for short - term traders.
However, although such
price action is bullish, the daily chart pattern presently does not yet provide us with a clearly defined
buy entry point and level for setting a stop
price.
In the short - term, we could look to
buy on another retrace lower, to near the low of the aforementioned pin bar (2610 area), or we could wait for another
price action confirmation
buy signal whilst the market remains above the major support at 2530.
However, yesterday's
price action in EEM now makes our reward to risk ratio even more favorable for
buy entry because the ETF gapped lower on the open, then reversed to close at its intraday high.
But as long as the
price action is rewarding
buying breakouts,
buying into pullbacks, playing the upside momentum then this is more important than any of your theories.