De_Banis

De_Banis

My eyes are glued to Baidu stock, ticker BIDU, as it is forming a perfect trade/invest opportunity for me. Pattern I love the most, Inverse Head and Shoulders on the Weekly time frame. Things to consider: 1. My first entry point would be right above the 200MA on the Weekly time frame, though the pattern would not be finished on that price level sitting at...

De_Banis

Nice and pretty strong pattern is forming on the weekly time frame on ARRY- Array Technologies, the one called Ascending Triangle pattern. The formation is clearly visible with three confirmations already made at the top, and the best part, once it reaches the bottom line of the formation the drop is getting smaller and smaller. Things to consider and watch: 1....

De_Banis

I closed CSIQ with some small loss, I didn't like how the stock acted once it broke the previous known resistance. I am also monitoring DORIAN LPG for closure if it doesn't start reversing on the current drop. I know you are not here to read about my missed trades but to find an idea where to go next. New stock which IPO-ed in October 2021 is currently on path to...

De_Banis Updated 

After successful GOOG and CRM buy, my eyes are on AMAT stock- Applied Materials INC. Company operating in Technology sector. Stock price is currently consolidating in a $110.16 to $125.65 price range, forming a valid price Box. Box in price stock has become well known from Nicholas Darvas epic book called "How I made $2.000.000 in the stock market". Things to...

De_Banis

This week, I was mostly mad at myself for missing a great trade on AMD. I was waiting for Inverse Head and Shoulder to break the Neckline for some time now and I completely forgot about the setup. Note to myself: PUT ALERTS ON LEVELS YOU ARE WATCHING! Put AMD aside, one stock caught my eye since last week. Most likely I will be buying them on Monday. CSIQ -...

De_Banis

When you take a glance at the CRM chart on the Weekly time frame, you can see that the stock made it's important move above the 200SMA line, which is considered as a good bullish sign for any stock to start it's rally up. Things to consider when looking at CRM chart: 1. On Weekly time frame, price confirmed it's last known support levels sitting at $191.5 and...

De_Banis

GOOG price is after a consolidation in price which lasted since beginning of November 2022 starting to look bullish. It is currently testing it's 200 moving average which is sitting at $103 per share price range. If the pattern is formed properly and bulls take over, we could see a potential rise in price to the $125-130 level. Things to watch and consider: 1....