PayPal - 30d expiry - We look to Buy at 69.11 (stop at 65.31)
Levels below 69 continue to attract buyers. 67.58 has been pivotal.
66.39 has been pivotal.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
We look to buy dips.
This stock has seen good sales growth.
Our profit targets will be 78.51 and 80.51...
Litecoin - 24h expiry - We look to Sell a break of 84.98 (stop at 88.08)
Broken out of the triangle formation to the downside.
Trading has been mixed and volatile.
Daily momentum has stalled and our bias is now neutral.
A break of the recent low at 85.33 should result in a further move lower.
85.33 has been pivotal.
Our profit targets will be 77.48 and...
NIK225 - 24h expiry - We look to Sell at 28280 (stop at 28505)
Buying pressure from 27629 resulted in prices rejecting the dip.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower....
Price is approaching a key support level and potentially reverse, we could see the momentum carry price down to its take profit target.
Entry: 1.09295
Why we like it:
There is an overlap resistance that is close to the 76.4% Fibonacci retracement
Stop Loss: 1.10328
Why we like it:
There is a swing-high resistance
Take Profit: 1.07436
Why we like it:
There is an...
Price is approaching a key support level and potentially reverse, we could see the momentum carry price up to its take profit target.
Entry: 1933.540
Why we like it:
There is an overlap support that aligns with the 38.2% Fibonacci retracement
Stop Loss: 1911.435
Why we like it:
There is an overlap support that sits above the 50.0% Fibonacci retracement
Take...
Price is approaching a key support level and potentially reverse, we could see the momentum carry price down to its take profit target.
Entry: 0.67081
Why we like it:
There is an overlap resistance that aligns with the 61.8% Fibonacci retracement
Stop Loss: 0.67777
Why we like it:
There is an overlap resistance
Take Profit: 0.66291
Why we like it:
There is an...
Price is approaching a key support level and potentially reverse, we could see the momentum carry price up to its take profit target.
Entry: 71.295
Why we like it:
There is an intermediate support that aligns with the 61.8% Fibonacci retracement
Stop Loss: 66.938
Why we like it:
There is an overlap support
Take Profit: 74.094
Why we like it:
There is an...
CNO FINANCIAL GROUP - 30d expiry - We look to Sell a break of 20.29 (stop at 21.31)
There is no indication that the selloff is coming to an end.
The move lower is mixed and volatile, common in corrective sequences.
A break of the recent low at 20.36 should result in a further move lower.
Daily signals are bearish.
News events could adversley affect the short...
NZDUSD - 24h expiry - We look to Buy at 0.6195 (stop at 0.6155)
Previous support located at 0.6200.
Previous resistance located at 0.6250.
The trend of higher lows is located at 0.6190.
Further upside is expected.
The hourly chart technicals suggests further downside before the uptrend returns.
Risk/Reward would be poor to call a buy from current levels....
Ethereum - 24h expiry - We look to Buy a break of 1857 (stop at 1807)
Our short term bias remains positive.
1843 has been pivotal.
A break of the recent high at 1856 should result in a further move higher.
Our outlook is bullish.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 1977 and 2007
Resistance:...
Price is approaching a key support level and potentially reverse, we could see the momentum carry price down to our take profit target.
Entry: 74.612
Why we like it:
There is an overlap resistance that aligns with the 61.8% Fibonacci retracement
Stop Loss: 77.119
Why we like it:
There is an overlap resistance that aligns with the 76.4% Fibonacci...
Price is approaching a key support level and potentially reverse, we could see the momentum carry price down to our take profit target.
Entry: 4046.90
Why we like it:
There is an overlap resistance that aligns with the 61.8% Fibonacci retracement
Stop Loss: 4192.95
Why we like it:
There is a swing-high resistance
Take Profit: 3897.91
Why we like it:
There is an...
Price is approaching a key support level and potentially reverse, we could see the momentum carry price up to its take profit target.
Entry: 0.61938
Why we like it:
There is an overlap support
Stop Loss: 0.60967
Why we like it:
There is an overlap support
Take Profit: 0.62849
Why we like it:
There is an overlap resistance
Please be advised that the information...
Price is approaching a key support level and potentially reverse, we could see the momentum carry price up to its take profit target.
Entry: 0.66252
Why we like it:
There is an overlap support
Stop Loss: 0.65649
Why we like it:
There is an overlap support
Take Profit: 0.66993
Why we like it:
There is an overlap resistance close to the 50.0% Fibonacci...
HS50 - 24h expiry - We look to Sell at 20209 (stop at 20430)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
This is negative for sentiment and the downtrend has potential to return.
Previous resistance located at 20209.
The medium term bias remains bearish.
Further downside is expected although we prefer...
Ford - 30d expiry - We look to Buy at 11.21 (stop at 10.55)
Levels below 11 continue to attract buyers.
11 continues to hold back the bears.
We look to buy dips.
With signals for sentiment at oversold extremes, the dip could not be extended.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
Our profit...
Bitcoin - 24h expiry - We look to Sell a break of 26448 (stop at 27458)
Price action looks to be forming a top.
Short term MACD has turned negative.
A break of the recent low at 26473 should result in a further move lower.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
The bias is to break to the...
Price could approach a key support level and potentially reverse, we could see the momentum carry price up to its take profit target.
Entry: 26649.00
Why we like it:
There is an overlap support
Stop Loss: 25250.00
Why we like it:
There is an overlap support
Take Profit: 289360.00
Why we like it:
There is an overlap resistance
Please be advised that the...
