Down-channel
BTC - simple downward channel to keep an eye onLet me know when this simple channel breaks. Otherwise, seems like bear trend takes us back to at least 3k before turning around.
Not financial advice; do your own research; I'm a plebian; etc
XENE - fallen angel pattern Long from $2.91 to $3.43 XENE seems breaking out of its downward channel formation. Twiggs money flow crossing to the positive side, and it has insider buying.
We think it has good upside potential.
* Trade Criteria *
Date First Found- December 26, 2017
Pattern/Why- downward channel breakout, fallen angel pattern.
Entry Target Criteria- Current price ($2.91), Ideally look for a pullback
Exit Target Criteria- 1st Target $3.43, 2nd Target $4.43
Stop Loss Criteria- N/A
Indicator Notes- Very strong Twiggs money flow index.
Special Note- Some insider buying
Please check back for Trade updates. (Note: Trade update is little delayed here.)
CHD- Upward channel breakdown short from $49.32 to $48.25CHD seems breaking down from an upward channel. It crossed down the lower channel line & seems it will go down further. We are looking for a quick short opportunity here.
* Trade Criteria *
Date First Found- May 1st, 2017
Pattern/Why- Upward channel breakdown
Entry Target Criteria- Break of $49.32
Exit Target Criteria- $48.25
Stop Loss Criteria- N/A
Please check back for Trade updates. (Note: Trade update is little delayed here.)
SPY to decline from $235.50 to $232.50, Consider $235 Put optionSPY broke down from an upward channel & seems approaching to channel support from beneath. We think it will be a very good shorting opportunity if it holds below the channel & reverse from there. And to trade that we would consider $235 Puts
$235 Put option
* Trade Criteria *
Date first found- April 11, 2017
Pattern/Why- Upward channel breakdown
Entry Target Criteria- Pullback to $23.50
Exit Target Criteria- $232.50
Stop Loss Criteria- N/A
Option- Short term $235 Put option (Speculative)
Please check back for Trade updates. (Note: Trade update is little delayed here.)
CHS - H&S formation Short from $12.96/13.34 to $9.57CHS seems forming a H&S formation in weekly frame and in the daily frame it is breaking down all the MA lines & strong support labels. We think it will decile from here down to $9.50 area.
* Trade Criteria *
Date first found- April 4, 2017
Pattern/Why- H&S formation
Entry Target Criteria- break of $12.96 or bounce to $13.34
Exit Target Criteria- Target 1- $10.14 Target 2- $9.57
Stop Loss Criteria- $14.07
Please check back for Trade updates. (Note: Trade update is little delayed here.)
ROST - Short from $64/$62 to $56ROST looks interesting short setup. It has broken down its recent support & all MA lines. We think it has more downside potential. For perfect entry we are looking for a pullback to $64 or break of Long term support around $62
* Trade Criteria *
Date first found- April 5, 2017
Pattern/Why- Support breakdown short
Entry Target Criteria- Break of $62 or Pullback to $64
Exit Target Criteria- $56
Stop Loss Criteria- N/A
Please check back for Trade updates. (Note: Trade update is little delayed here.)
CY - Upward channel breakdown Short from $13.16 to $11.83CY is breaking down an upward channel formation, and showing downward momentum. Moreover it is in the weak semi-conductor sector. It looks a very good short setup & it can decline below $12
* Trade Criteria *
Date first found- April 5, 2017
Pattern/Why- Possible momentum trade
Entry Target Criteria- Break of $13.16
Exit Target Criteria- $11.83
Stop Loss Criteria- $13.79
Please check back for Trade updates. (Note: Trade update is little delayed here.)
FRAN - H&S formation short down to $10.17FRAN is forming a potential H&S in weekly frame, and in the daily frame it has broken down key support area. We think it has huge downside potential, and it can go down to $10 area.
* Trade Criteria *
Date first found- April 5, 2017
Pattern/Why- H&S formation in weekly frame
Entry Target Criteria- Break of $13.93 or rally back up to $14.93
Exit Target Criteria- $10.17
Stop Loss Criteria- $15.75
Please check back for Trade updates. (Note: Trade update is little delayed here.)
PII - H&S & Long term pennant formation short down to $47.33PII is a possible downward neckline H&S formation. On the other side it seems breaking down from a long term pennant formation. So in short it can decline to down to $73 but in long term we are looking as low as $47.33
Please check back for Trade updates. (Note: Trade update is little delayed here.)
MSM - Short if it break below todays low, down to $83.67Break below today's low. Stop signal 97.84. Target 88.17/83.67
DPZ - Upward channel breakdown short from $175 to $153DPZ is breaking down from an upward channel with huge increase in volume. It seems it has more room to decline.
Please check back for Trade updates. (Note: Trade update is little delayed here.)
SIX - Weekly frame H&S formation Short from $56.56 to $42SIX is forming upward neckline H&S formation. Still like this a lot as short, and we think it can decline all the way down to $42
For a entry we are looking for a break of $56.57 & we would consider $55 Puts, last traded for $1.85
* Trade Criteria *
Date first found- March 23, 2017
Pattern/Why- H&S formation in weekly frame
Entry Target Criteria- Break of $56.57
Exit Target Criteria- $42
Stop Loss Criteria- $60.93
Please check back for Trade updates. (Note: Trade update is little delayed here.)
SHORT PTC - complex head and shoulders short from $54.3 to $44.1PTC was in our intraday text alert, sent to our subscribers. It seems Breaking down a complex Head & shoulder formation. Moneyflow also diverging & heading sharply to the negative side. We think it can decline as low as $44
* Trade Criteria *
Date First Found- March 23, 2017 (Sent through our intraday text alert)
Pattern/Why- complex head and shoulders
Entry Target Criteria- break below $54.03
Exit Target Criteria- Target 1 $44.13
Stop Loss Criteria- $55.13
Please check back for Trade updates. (Note: Trade update is little delayed here.)
You can check detailed analysis on -- in the trading room/ Executive summary link here-
www.youtube.com
Time Span- "
TLYS - Support breakdown short from $8.68 to $7.23 & lowerTLYS seems getting ready to breakdown its strong support label. It has broken below all the moving averages & if it breaks below $8.68 support label it will be on a free fall zone.
* Trade Criteria *
Date first found- March 16, 2017
Pattern/Why- Support breakdown short
Entry Target Criteria- Break of $8.68
Exit Target Criteria- $7.23 & lower
Stop Loss Criteria- $9.63
Please check back for Trade updates. (Note: Trade update is little delayed here.)
FNGN - Double top formation short from $40.80 / 39.43 to $31.13FNGN seems forming a long term double top formation. It has previous history of sharp drop & we think it is getting ready for another decline this time. For perfect entry we would look for a pullback or confirmation break.
* Trade Criteria *
Date first found-
Pattern/Why-
Entry Target Criteria- Break of $39.43 or rally back to $40.80
Exit Target Criteria- $31.13
Stop Loss Criteria- $43.13
Please check back for Trade updates. (Note: Trade update is little delayed here.)
BERY - Possible H&S formation short from $48 to $42.88BERY seems forming a head & shoulder formation. A break of $48 will be the breakout confirmation.
We think it can decline down to $43 area.
* Trade Criteria *
Date first found- March 21, 2017
Pattern/Why- Possible head & shoulder formation
Entry Target Criteria- $48
Exit Target Criteria- Target 1 45.13 Target 2 42.88
Stop Loss Criteria- $51.03
Please check back for Trade updates. (Note: Trade update is little delayed here.)
YRCW - Key support breakdown short from $10.90 /10.63 to $8.13YRCW is breaking down some key support. It seems it will decline further.
For a perfect entry for short we would like to it pull back to $10.90 or break below $10.63
HQY - Head & shoulder formation short from £41.29 to $32.13HQY made a nice little Head & shoulder pattern here. Now it seems breaking off the right shoulder. We think it will decline from here.
The decline also supported by the Big insider selling in the multiple millions, multiple execs.
Please check back for Trade updates. (Note: Trade update is little delayed here.)
CLX - Double top formation short from $135.23 to $113.13CLX is testing a resistance label from where it previously had a sharp decline. It also seems forming Adam & Eve double top formation.
It also has Over 10 million reported insider selling. Overall it is an interesting short setup & we think it can decline down to 113 area.
Please check back for Trade updates. (Note: Trade update is little delayed here.)
PTC - complex head and shoulders short from $54.3 to $44.13PTC was our intraday text alert, sent to our subscribers. It seems Breaking down a complex Head & shoulder formation. Moneyflow also diverging & head sharply to the negative side. We think it can decline as low as $44
* Trade Criteria *
Date First Found- March 23, 2017 (Sent through our intraday text alert)
Pattern/Why- complex head and shoulders
Entry Target Criteria- break below $54.03
Exit Target Criteria- Target 1 $44.13
Stop Loss Criteria- $55.13
Please check back for Trade updates. (Note: Trade update is little delayed here.)
You can check detailed analysis on -- in the trading room/ Executive summary link here-
www.youtube.com
Time Span- "
