Sentences with phrase «prior swing low»

IOTA was the only cryptocurrency that fell below its prior swing low from February.

If it the target is way below the prior swing low, skip the trade.

If the target is way above prior swing low, expand the target slightly to 2 or 2.5 times the risk.

On the chart below, notice that the Select Sector Financial SPDR ETF ($ XLF), a highly traded ETF proxy for the overall financial sector, fell 3.3 % yesterday, while convincingly breaking below its prior swing low, 50 - day moving average, and lower channel support of its bullish «pennant» in the process:

Presently, this ETF is holding above its prior swing low, but is struggling to reclaim its 50 - day MA.

In the near - term, $ SPY (S&P 500) is in better technical shape than $ QQQ (NASDAQ 100), as it isn't still well above support of its prior swing low from February.

However, as discussed with Litecoin, it has rallied noticeable ways above the prior swing low at $ 770.00 from mid-January.

Operating with the idea that the 200 - day moving average of $ QQQ will not provide significant support, we now expect $ QQQ to fall to test its prior swing low (around the $ 63 to $ 64 area) over the next two weeks.

A pullback buy entry into $ XBI could be made near current levels, with a stop below the 40 - week moving average (or prior swing low for a looser stop).

Finally, as for the exit point, our target on this type of momentum trade is simply a retest of the prior swing high (or prior swing low if selling short).

The next major support level is the 50 - day moving average ($ 112 area), while the second zone of support is the prior swing lows (just below $ 110):

Another sign of strength for this crypto is the rally back above the prior swing lows at $ 144.00 and $ 135.00 from earlier in the current decline.

If the price action fails to hold at the 10 - week moving average («A»), then a touch of the uptrend line («B») would also be a very low - risk entry because the prior swing lows are likely to hold.

Not exact matches

On October 8, $ BITA finally broke below the prior day's low and hit our trailing stop, enabling us to lock in a solid 37 % gain on a one - month swing trade.

Approximately 90 % or more of our ETF and stock breakout entries will have some sort of a «higher swing low» in place prior to our buy entry, and this setup was no different:

Rather, our most ideal short selling candidates are stocks and ETFs that have recently set new «swing lows» (or are testing prior lows), and have subsequently bounced into resistance over a period of three to ten days.

Furthermore, the odds of $ DZZ going to a new high are much lower than the odds of it simply going back to retest its prior highs because now there is resistance of a major swing high (support of a key swing low in $ GLD).

Above all, our protective stop was already in place at the time of buy entry (just below the prior «swing low»), and we were relaxed because of our zen - like «set it and forget it» approach to placing stops.

Will the S&P 500 and Nasdaq recover by rallying above their prior swing highs on heavy volume, or will the indexes stall out after a light volume bounce and roll over to new swing lows?

In late December, $ RSX formed a second higher low, right at near - term technical support of the 20 - day EMA, which led to a failed breakout above the prior swing high.

For the past three weeks, New 52 - Week Highs (the blue line) has formed several «higher lows,» and is now poised to breakout above resistance of its prior «swing high.»

With the exception of the S&P MidCap 400 Index, all the major indices have fallen below support of their prior lows from April, resulting in the formation of new «swing lows.»

Now, AAPL is also in danger of losing horizontal price support of its prior «swing low» from July of 2012.

The S&P 500 closed just below (but not a decisive break of) its 50 - day moving average yesterday, after undercutting its prior «swing lows» at the 1538 - 1539 support level:

Last week's bearish price action caused the main stock market indexes to plunge through major levels of technical price support, including key moving averages and prior «swing lows.»