CUP
Agriculture set to Boom -- Monsanto Green Cup of TeaAgriculture is lagging rest of Commodity field. However, the Ag index is starting to warm up.
Monsanto Cup Pattern
TGT 1 = 100
TGT 2 = 108.50
Agriculture set to BOOM -- Monsanto Measuring a Steep Deep CupCommodities Booming
Agriculture is lagging for now. However, green shoots are starting to percolate.
Cup Pattern
Target 1 100
Target 2 108.50
Breakout would be BUYSQ has moved very well, has created a NEW cup for a NEW stock. You can look to buy shares or buy options, I would look at time the Sept 13C are at 1.95 but bid is 1.35 losing 60 cents per share in spread that is a lot to make up, consider stock here also...however BE is 14.95 by red vertical line to break even on the calls. Do the research they are not making money right now but think they are great service and potential
Cup and Handle for Coca Cola KOThis looks like it could be a gigantic cup and handle forming for Coca Cola. The top from 1998 ($44) was recently hit again forming the cup. Right now some consolidation is happening and forming the handle. The handle looks kind of sloppy to my, but regardless, if this breaks up above and has high volume $45 I see a %50 - %100 rise playing out .
Cup and Handle This looks like it could be a gigantic cup and handle forming for Coca Cola. The top from 1998 ($44) was recently hit again forming the cup. Right now some consolidation is happening and forming the handle. The handle looks kind of sloppy to my, but regardless, if this break up above $45 I see a %50 - %100 rise playing out .
Cup & handle BTC Happy new year bitcoin traders,
Here is my first published idea where i will take a look at starting this year.
We could be forming a nice cup and handle here which could take us above 500.
If we keep hanging around this level and dont break 400 i will take a long position with a target around 530 assuming the cup and handle will play out.
When 400 gets broken i will look for a short entry.
Happy trading and a profitable 2016.
Trading Plan Oct-NovBUY: new high, break of 248
TP: along the targets up to 281
SELL: break of black trend line & failure to break 248
TP: around 232.5 - 235 / Build a new long position from there.
HOLD: if you are long, the break of the C&H neckline indicated that price will try to reach the C&H target 256-258
A break of 248 would indicate that price will be trying to reach the double bottom target 268 - 273
OTE SELL ZONE: Look for reversal signals there and establish a short position
The white & red forecast drawings are just for the purpose of orientation.
ULTI Great cup on this breakout and this stock is doing well. The options are not holding HIGH OI, but i would look at OCT 185 calls for 10.30 but know the spread is 60 cents so this will loss that 60 per share until it moves to make it up. I think it will hit the 200 level within a few months....
Cup on PCLNThe overall market MUST be in tune for this to work, but if it is PCLN is looking like a strong move out of cup and could run to the target levels. I suggest an 8% stop, but this is a lot on a high priced company...so use proper position sizing. Consider options and maybe a 20% risk on the options...
ABMD GapThis stock was highlighted earlier by my review but wanted breakout we got it on earnings...it is now a gap and go buy. Buy one if strong above todays high and if not will retrace to gap and then bounce that gives 2nd chance...if fills gap no trade in my opinion.
ABMD on BreakoutThis stock has created a strong base in the cup formation wait for breakout, it is in the health space. I projected the cup low reversed to breakout for target, but would be taking profits on way up..wait for breakout with volume
UA Gap and GoUA moving higher, this is a trade you can take in a few ways.
1. Wait for today to close and then watch for tomorrow if breaks todays high then take the trade long
2. Wait for today to close and then watch for pullback, when bounces (pivot) buy on bounce which happens often around gap as support
3. Wait to see if fills gap then don't trade off that.
The gap and go is strong
CELGThis is a double strategy with a gap and go and a cup breakout. Thus I would look to buy either tomorrow if a break above today's high or wait for a pullback to gap and then a pivot allowing opportunity on the bounce to buy with stop in the gap look for a strong run on this stock.