BTCM NYSE |
BIT Mining Ltd ADR • Information Technology Srvcs |
Mon 14 Apr, 9:53 am ET | |
Breakdown tradeWATCH for breakdown below 1.36
Target: 1.09, 23.6% Cover: 1.5 Loss: 5.6%
P/L ratio: 4.2 : 1 - Excellent
Breakdown
Long
Short
At support with possible breakdown and long trade entryDefault chart
Quote 1.42 +0.04,+2.9% L 1.41 O 1.43 H 1.44 Volume 3.3k -65.6% typical 52 Wk 1.3 to 3.9 Earnings recent Feb 28 aMkt Link PEG na P/E na Short 0.60%Div na EPS naMkt Cap 21.93M |
1d 3d 5d 10d 1Y 5Y 5d 30 Min |  |
|
|
|
https://stockconsultant.com/?BTCM
share page link Default zoom
125% rec
Colors Mouse over for values
Top ˄Mon 14 Apr, 9:53 am ET
8 Month Detailed Chart
100%
At support with possible breakdown and long trade entry
Scale +/-0(min) to 10(max)
QUOTE
1.42, +0.04 pts (+2.9%), Mon 14 Apr, 9:53 am ET
up from yesterday's close.
Today's
L 1.41 O 1.43 H 1.44Typical price range:
1.31 to
1.44 ± 0.062 pts, ± 4.4%
Extreme price range (85% of time)
1.25 to
1.5 ± 0.125 pts, ± 8.8%
VOLUME
3.3k shares, -65.6% compared to typical volume of 9.6k by 9:53 am ET.
Typical daily volume is 104.31k shares over the past 6 months.
RALLIES/PULLBACKS** Current price area
Typical: 0.398 pts (28%) occurs 25% of the time.
Extreme: 0.517 pts (36.4%) occurs 5% of the time.
A summary of bullish and bearish indicators. | |
BULLISH
[Positioning] Short term strong pullback, pullback may start to slow.
[Positioning] Oversold, odds favor long trades.
[Positioning] Strong Down trend (1 month), may start to turn sideways.
[Positioning] Intermediate trend bullish, Unsustainable downtrend, may turn sideways.
[Positioning] at support
[Timing] Strong bullish 3 day candlestick pattern.
BEARISH
[Timing] breakdown watch below 1.36, no support in area just below.
Indicators for positioning trade entry and exits.
1 DAY PRICE CHANGE
up (+0.04 pts, +2.9%) from yesterday's close.
SHORT TERM DIRECTION
strong pullback, pullback may start to slow.
OVERBOUGHT/SOLD
Oversold, odds favor long trades.
1 MONTH TREND
Strong Down trend, may start to turn sideways.
INTERMEDIATE TREND** Past 4 months
bullish, Unsustainable downtrend, may turn sideways.
SUPPORT/RESISTANCE
1.42, at support,
1.42 ± 0.063
type single,
strength 1
Support Below : None.
Resistance Above : +23% at
1.75 ± 0.077
type single,
strength 1
Indicators for timing trade entry and exits.
Over 120 three day candlestick chart patterns analyzed.
3 DAY CANDLESTICK
Strong bullish 3 day candlestick pattern.
Not significant 3 day accumulation
Days Back
Strong Bullish
Mild Bullish
Neutral
Mild Bearish
Strong Bearish
0
5
10
15
25
3 Day Candlestick (over last 25 days)
3 Day Candlestick (2 day avg)
MONEYFLOW
Not significant Neutral 1 day moneyflow by 9:53 am ET,
BREAKOUT
None.
BREAKDOWN
WATCH for possible breakdown below 1.36, no support in area just below.
Type: Continuation breakdown from single support.
Target:
1.09, 23.6% Cover: 1.5
Loss: 5.6%
P/L ratio: 4.2 : 1 - Excellent
Support and Resistance Areas
Over the past 8 months.
Type/Strength Help
CURRENT PRICE
1.42, at support,
1.42 ± 0.063
type single,
strength 1
SUPPORT BELOW
None.
RESISTANCE ABOVE
+23% at 1.75 ± 0.077 type single,
strength 1
+34.7% at 1.91 ± 0.084 type double,
strength 3
+43.9% at 2.04 ± 0.09 type double,
strength 2
...
100%
Trade Quality
Long
TARGET 1
Price:
1.75 Profit:
23.2% (Typical rally)
Stop/Trailing Stop: 1.34 Loss: 5.6%
P/L Ratio: 4.1 : 1 - Excellent
POTENTIAL
Excellent, there are 0 resistance areas on the way to Target 1.
When there are few resistance areas, stocks may quickly rise to targets.
TARGET 2
Price:
1.88 Profit:
32.4% P/L Ratio: 5.8 : 1 - Excellent
(Extreme rally)
Breakout trade indicators.
Breakout Tip
BREAKOUT
None.
0%
Trade Quality
Short
TARGET 1
Price:
1.42 Profit:
0% (Strong pullback has exceeded Target 1)
Cover/Trailing Cover: 1.5 Loss: 5.6%
POTENTIAL
Excellent, there are 1 support areas on the way to Target 1.
When there are few support areas, stocks may quickly fall to targets.
TARGET 1 SUPPORT
Current price at support:
1.42 ± 0.063
type single,
strength 1
-0% at 1.42 is Target 1
TARGET 2
Price:
1.25 Profit:
12% P/L Ratio: 2.1 : 1 - Fair
(Extreme pullback)
Breakdown trade indicators.
BREAKDOWN
WATCH for possible breakdown below 1.36, no support in area just below.
Type: Continuation breakdown from single support.
Target:
1.09, 23.6% Cover: 1.5
Loss: 5.6%
P/L ratio: 4.2 : 1 - Excellent