Trends and price targets marked. Things are overextended Potential to bounce back and catch more upside even with the overextension. Guideline is more for backtracking, but it could potentially look something like this. Follow trends and price targets rather than guideline, it is more to get an idea of what things could look like. 247 or so looks like a top to me...
Retractable Technologies, Inc. engages in the manufacture and market of safety needle devices for the healthcare industry. It offers injection devices, blood collection devices, and infusion devices. Stock at the very bottom and recently got approval from Australian government. If you check long Interval graph then you will see the big opportunity. It's worth to...
Why buy American express? 1 - because I said so 2 - It's an American Bank who respects Julius Caesar more then Canadian banks 3 - It's on a clear uptrend 4 - ask Chat GPT to dumb down for you the theory of reflexivity by George no Soros 5 - I said so 6 - the price is holding above the 23.6% Fibonacci (God's math) retracement level 7 - because I said so 8 - it's...
American Express's stock (AXP) rose in the intraday levels, touching the resistance of the 50-day SMA, amid the dominance of the main downward trend in the short term, while the RSI reached overbought levels. Therefore we expect the stock to return lower, targeting the first support at 142.72, provided the resistance of 153.84 holds on.
AMEX(NYSE:AXP) A continued comeback in the travel business and solid buying trends among younger consumers helped American Express beat profit forecasts Friday. The company reported net income of $2.1 billion, or $2.73 per share, compared with $2.2 billion, or $2.74 per share, versus consensus of $2.40 per share. American Express AXP total revenues, +3.58 percent,...
Monthly and weekly modes indicating similar targets. Obviously Russian uncertainty is a big driver of this move.
11 month accumulation with a big range expansion in Feb. There is the possibility to expect a second level target here which would bring the price target to around $204. I'll wait till the end of Feb before entering to await confirmation of a breakout. As long as the price stays above ~173.80 we will have a confirmed breakout. Closing for the month above $173.80...
11 month accumulation with a large range expansion away from the mode. My strategy to trade this was jan 2023 $285 calls for the lower premium. ATM calls are also a good strategy at a significantly higher premium so it depends on your portfolio size and the position size you're aiming for. For options I choose to never exceed 5% portfolio size per trade and I set...
Just an idea for possible long positions on AMEX:DRIP for a long-term swing. There's room for more downside, possibly to the next leg of support, as I've added by the pitchfork trendline entries. As we've not seen an actual bottom yet, it's all speculation at this point, but oil (for vehicles and shipping) is slowly being pushed to the margins; and with an...
Hi there. Beginning trader and technical analyst who received my education from TRi school of trader development. *My charts are not financial and/or trade advice and are posted for entertainment purposes. Another day with head buried in charts. If there are any small cap, bottom hunters like me who have been in there hunting things that seem like they...
**Not investment advice, do your own research** INS is a good value stock with great growth potential as the global volume of digital payment processing grows.
A model stock for Aemulus and QES, the last 2 candles show some promising prospect for this super bullish counter to end its retracement soon with still healthy RSI and banker chips. VIS will close above 1.505, EMA10 and EMA20 and finally will break ATH at 1.740. Support at 1.355, Resistances at 1.505, 1.605 and 1.740. Disclaimer: Trade at your own risk.
Lithium has been one of our most successful 'explosive' trades and it has proven as right. Our first post on June 17, 2020 was the beginning of a series of trades on our ETFs account and the price has over-doubled ever since. Later on we posted this about how 'Lithium is power' and indeed we had a further rise of over 40% until then. At this stage we...
Earnings is coming. They closed an ATM offer. The cooper prices and most metal prices have increase. They have seen increased revenue from this. The earnings will be positive and beat expectations.
Hi! Our small analysis of the S&P500 index based on the "Sentiment" indicators. Index is moving within the "Megaphone" pattern, I think that between September-November 2020 the conservative $350-370 target will be reached and from there it will be possible to consider short positions. It is possible that may coincide with the 2020 US presidential elections. You...
#VIS Rst: 0.76 Spp: 0.675 Bullish breakout from Fibo Extension 100%, followed by surging indicators, there's chance to propel further but will require to break key rounding bottom area at 0.76
VIS Rst: 0.585 Spp: 0.56 Bullish morning doji formation with surging volume and rising indicators, highly positive as it breaks Fibo Extension 50%, further upside observable until 100%.