As per my PriceCatch Trading System a long trade opportunity is now on in PTON. The signal coming on 2H time-frame is very significant.
Entry price would be below 113
TP 1 = 139.00
There is high probability for the stock to reach target than hitting SL. Will continue to monitor the movement. Idea for my reference.
My chart tells me that there is a buy opportunity on TDOC.
From current levels, it is likely to reach first target of 200. With an SL of $8 one can buy 120 quanity capping SL to under $1000 and with potential to make $1200 on first target and $210-214 second target and $230-235 as third target.
Idea for my reference.
My chart tells that there is a low risk buy opportunity on JNJ.
Buy price 143.75
Stop Loss 141.33 ($2.42 only)
First target 147.67
Second Target 150-151
Third target 155-157
The first target is very achievable. So with a buy quantity of 300 the risk is only under $750 and the profit on reaching first target is...
As per my chart, the price is leaving the Median line and moving sideways leaving one channel after another. So, I don't see any strong indications where a buy could be considered on the long term time-frame. The blue wave on my chart still suggests bullish mood, but no up slope exists at present. So on BTCUSD, I shall only seek opportunities on the shorter...
On looking at GBPUSD on daily, 6h, 4h, 2h and on the 1 hour charts, it is clear that the intention is to move up, though the movement is slow. It can be seen price is leaving one level after another. My view is that it is likely to head further up. Just my views based on my chart.
My indicator is giving signal that if does not find support at the Circled level, it is likely to slip further. My indicator is showing that the Grey (red) candles are becoming darker, which is an indication of price likely to slip further. As long as the Heikin-Ashi on the bottom pane, continues to close above the Blue Wave, there is likelihood of Nifty not...
Based on my chart and my indicators, I am thinking BTC/USD may go to higher levels if it can cross above the marked line. The three triangles on the chart are indicating buy signals. This is my view and users must do their own analysis and study.