Category Archives: Stocks Trading

Trade: AERO – A Strong Buying Opportunity

Trade: AERO – A Strong Buying Opportunity

I initially posted this chart on 5th of December on advfn board expecting a retrace to lower 8s or early 7s before prices could start moving to 10p area for the completion of Bat Pattern.

AERO Bat Pattern Buying Opportunity
AERO Bat Pattern Buying Opportunity

However, there was new of placing which caused a minor sell off but the bat pattern formation is still valid. In fact now since B point of BAT pattern has been broken upwards, it becomes a great BAMM style  (read more about it here) buying opportunity.  At the moment AERO is looking a very strong Risk/Reward buying opportunity with several technical reasons (Bat Pattern, 3 Drives Pattern, Harmonic Movements)  to buy.

Snapshot:

This is how AERO is looking now. This can give us approximately 1:4 Risk/Reward Ratio.

AERO - A Good Buying Opportunity
AERO – A Good Buying Opportunity

Reasons For Trade:

  1. 3 Drives Pattern is forming potentially taking price to 10p
  2. Bat Pattern is still forming
  3. BAMM entry available right now.
  4. Price is slightly oversold on lower time frames

Stop Placement:

5.25p

Targets:

9.5p

Trade Execution:

On market

Concerns:

None

Planned News/Events Expected:

Unknown

Post Execution Review:

 

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Disclaimer: This web site is just my financial trading log and is for educational purposes.
Please do your research, analysis and take your decisions. You must not rely on my actions or analysis.
Please see the Disclaimer page.
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Trade: QFI Speculative Buy Opportunity

Trade: QFI Speculative Buy Opportunity

Snapshot:

 

QFI Speculative Buy Opportunity
QFI Speculative Buy Opportunity

Even though there are chances of it falling over to 10p area due to HNS pattern formation (see below a chart from  November 20th, 2015) there can be a speculative buy opportunity right now for a short term gain.

QFI Head and Shoulders Pattern
QFI Head and Shoulders Pattern

Reasons For Trade:

  1. Almost oversold
  2. 100sma providing support around 14p
  3. 14p area is neckline of HNS pattern which may throw one last bounce
  4. Expectation of news can create hype on Monday
  5. Possible Bat Pattern formation if price holds 14p price level

Stop Placement:

12.5p

Targets:

First: 18p

Second: 21p

Trade Execution:

On Market now for a good entry level

Concerns:

Speculative buy

Planned News/Events Expected:

Expected

Post Execution Review:

 

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Leave a comment: I would love to hear your thoughts, suggestions on this topic. Please leave a comment.
---------------------------------------------------------------------------------
Disclaimer: This web site is just my financial trading log and is for educational purposes.
Please do your research, analysis and take your decisions. You must not rely on my actions or analysis.
Please see the Disclaimer page.
---------------------------------------------------------------------------------

Trade: NPT Butterfly Pattern Bullish Divergence Buy

Trade: NPT Butterfly Pattern Bullish Divergence Buy

Snapshot:

NPT Butterfly Pattern Bullish Divergence Buy
NPT Butterfly Pattern Bullish Divergence Buy

Reasons For Trade:

  1. Completion of butterfly pattern
  2. Price oversold
  3. bullish divergence
  4. Previous support area
  5. Completion of abcd pattern
  6. Good buy volume few days ago

Stop Placement:

4.8p

Targets:

7.8p

Trade Execution:

On market

Concerns:

None

Planned News/Events Expected:

Unknown

Post Execution Review:

 

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Leave a comment: I would love to hear your thoughts, suggestions on this topic. Please leave a comment.
---------------------------------------------------------------------------------
Disclaimer: This web site is just my financial trading log and is for educational purposes.
Please do your research, analysis and take your decisions. You must not rely on my actions or analysis.
Please see the Disclaimer page.
---------------------------------------------------------------------------------

Trade: CBUY Bullish Divergence Oversold Buy Opportunity

Trade: CBUY Bullish Divergence Oversold Buy Opportunity

Snapshot:

CBUY Bullish Divergence Oversold Buy Opportunity
CBUY Bullish Divergence Oversold Buy Opportunity

Reasons For Trade:

  1.  6p acting as a support
  2. RSI is showing bullish divergence
  3. volume increased

Stop Placement:

3.7

Targets:

First: at 1.618 Fib extension i.e. 9.3p

Second: 12 p where previous structure is

Third: 17p where 200 sma and price action gap is

Trade Execution:

Take either multiple positions on each target completions based on market condition or take one position and sell 3 times.

Concerns:

None

Planned News/Events Expected:

Unknown

Post Execution Review:

 

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Leave a comment: I would love to hear your thoughts, suggestions on this topic. Please leave a comment.
---------------------------------------------------------------------------------
Disclaimer: This web site is just my financial trading log and is for educational purposes.
Please do your research, analysis and take your decisions. You must not rely on my actions or analysis.
Please see the Disclaimer page.
---------------------------------------------------------------------------------

Trade: Buy COMS on Resistance Breakout

Trade:Buy COMS on Resistance Breakout

Snapshot:

Buy COMS on Resistance Breakout
Buy COMS on Resistance Breakout

Reasons For Trade:

  1. Price has already tested resistance level at 1.13 and now has come back on a good volume.
  2. Price is not oversold yet. There is still chance for it to go higher.

Stop Placement:

0.850

Targets:

First: 1.52p

Second: 2p

Trade Execution:

 

Concerns:

Price close to oversold so it may come back down now and then try to break 1.13 level.

Planned News/Events Expected:

Unknown

Post Execution Review:

 

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Leave a comment: I would love to hear your thoughts, suggestions on this topic. Please leave a comment.
---------------------------------------------------------------------------------
Disclaimer: This web site is just my financial trading log and is for educational purposes.
Please do your research, analysis and take your decisions. You must not rely on my actions or analysis.
Please see the Disclaimer page.
---------------------------------------------------------------------------------

Trade: Sell OptiBiotix Health PLC (OPTI) (ABCD Pattern, Gartley Pattern)

Trade: Sell OptiBiotix Health PLC (OPTI) (ABCD Pattern, Gartley Pattern)

Snapshot:

 OPTI Short ABCD Gartley Pattern

OPTI Short ABCD Gartley Pattern

Reasons For Trade:

  1. ABCD Pattern formation
  2. Gartley Pattern formation
  3. 200sma confluence with gartley completion
  4. Weekly and Monthly RSI 7 Overbought

Stop Placement:

110p

Targets:

51p

Trade Execution:

At market or higher

Concerns:

None

Planned News/Events Expected:

Unknown

Post Execution Review:

 

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Leave a comment: I would love to hear your thoughts, suggestions on this topic. Please leave a comment.
---------------------------------------------------------------------------------
Disclaimer: This web site is just my financial trading log and is for educational purposes.
Please do your research, analysis and take your decisions. You must not rely on my actions or analysis.
Please see the Disclaimer page.
---------------------------------------------------------------------------------

Trade: Sell DOTD DotDigital (Double Top, Possible Bat Pattern Formation)

Trade: Sell DOTD DotDigital (Double Top, Possible Bat Pattern Formation)

Snapshot:

DOTD Short Double Top Bat Pattern
DOTD Short Double Top Bat Pattern

Reasons For Trade:

1. Double top with bearish divergence

2. 50% Fib has been hit already

3. 0.886 fib confluence with 1.618 fib

4. 1.618 fib confluence with 200 sma

5. a Price gap around 200sma

Stop Placement:

49p

Targets:

First Target: 35p

Trade Execution:

Take position on market now

Concerns:

None

Planned News/Events Expected:

Unknown

Post Execution Review:

 

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Leave a comment: I would love to hear your thoughts, suggestions on this topic. Please leave a comment.
---------------------------------------------------------------------------------
Disclaimer: This web site is just my financial trading log and is for educational purposes.
Please do your research, analysis and take your decisions. You must not rely on my actions or analysis.
Please see the Disclaimer page.
---------------------------------------------------------------------------------

Trade: Buy RENEURON GROUP PLC (RENE)

Trade: Buy RENEURON GROUP PLC (RENE)

Snapshot:

Buy RENEURON GROUP PLC (RENE)

Reasons For Trade:

  1. Nearly oversold
  2. Reaching support level

Stop Placement:

1.8p

Targets:

First target: 3.5p where 200sma is

Second Extended Target: 4.0p

Trade Execution:

Wait for the market to get into oversold territory and reach the support level. Watch the price action at support level at 2.435p

Concerns:

None

Planned News/Events Expected:

Unknown

Post Execution Review:

 

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Leave a comment: I would love to hear your thoughts, suggestions on this topic. Please leave a comment.
---------------------------------------------------------------------------------
Disclaimer: This web site is just my financial trading log and is for educational purposes.
Please do your research, analysis and take your decisions. You must not rely on my actions or analysis.
Please see the Disclaimer page.
---------------------------------------------------------------------------------