EURONEXT:APTOS long. DTT method applied. Almost 4RR potential 3.-3.86RR (edited)
GE Healthcare Technology $NASDAQ:GEHC. An aging and unhealthy population will only create an increased need for healthcare imaging services. Add AI to the diagnostic mix, and imaging will be imperative for routine health maintenance and screening. With a P/E of 15x, debt-to equity of 1x, earnings forecast growth of 8.36% per year, and bullish analyst ratings, this could be a good value play for the patient. Thus, at $62.25, NASDAQ:GEHC is in a personal buy zone. Further drops are possible if trade wars make imaging materials/technology difficult to obtain, but that general statement applies to the whole market at this time... Targets: $70.00 $78.00
spy support. 509ish played out well for good profit will it hold this time
If you look at gold in francs, it's not close to a breakout. Gold looks like it's breaking out because we trade in dollars. I'm only entering the gold trade if the dollar index loses 100 support.
This is what I was talking about... note that the dollar index is inverted (upside down). For the past week, most of the move in gold is due to the movement in the dollar index because we're looking at gold futures in dollars. Dollar tanks, then gold futures goes up in dollars. It may just stay flat in terms of Euros or francs. So basically I got lucky shorting it last week, lol. The dollar bounced.
Gold surged again, setting a new record high. This rebound was expected, but the strength was beyond expectations; it opened higher and closed higher, and the upper side is close to the 3200 integer mark. Pay attention to the risk of another pullback. The overall trend of gold is still bullish. The upper 3200, 3210 and 3220 integer marks can be regarded as pressure, and the lower supports are 3169, 3161 and 3152 respectively. Here is a short-selling strategy. Operational suggestions: Wait for the price to rise to around 3208 and sell, stop loss at 3213 (small stop loss, to be set), short-term view around 3170-60, target 3250-40;
Bears are in control and price has creeped down due to risk aversion trade. However, expect a relieve at least for the short term when the 5 waves down completes. Still early but am looking out for longs. TLB or bullish candles will be welcome. Good luck.
Looking at the EJ chart i can see a potential move to 167. Daily FIB bullish move, Price created a nice support at 161. and a mayor level 160. where Both levels were broke and retested several times now this week, there is a mayor bearish trendline where price started to hesitate but price action is telling me it does not want to continue for a bearish move with all the wicks to 161. and 160. level specially after the last daily closure with a DOJI on the Moving Average, i do believe price is gonna start pushing to the upside, price tried to break structure at the 161. but immediately price faked out again breaking above the MAs. i would like to see Price start breaking intra day highs ( highs above 162.500 ) or a potential retest to 161. for an entry.
In this idea we will demonstrate how to apply more levels to the Parallel Channel drawing tool using the TradingView platform.
Gold broke every resistance yesterday and reached another ATH. The bullish momentum is very strong right now. I am cautious in taking shorting orders. Will look for buying opportunity from 3167, targeting 3225.