QQQ: Bearish Island Reversal + Bearish EngulfGiven the recent price action of AAPL, GOOG, FB and company, this should come as no surprise, but if anybody needs more convincing of the bear case, here you go.
Islandreversal
IBEX: Island Reversal Top: Short ?!!The same pattern appeared with the CAC40 a few months ago, and just a few days ago with the Dow Jones. Let's see if this would be a magical huge short opportunity or not ...
Buy TPIS3: bullish island reversal and upward price channelHigh conviction buy on text-book bullish island reversal with significant trading volume increase and bounce off lower band of upward parallel price channel, also with significant volume. The pattern emerge as the company announced the sale of one of its assets (the Portonave port for 1,3B BRL), significantly deleveraging the balance sheet as part of an asset sale plan that, if fully materialized, will be transformational for the company. My two favorite and trusted independent research publications see more than 100% upside.
CHUYCHUY moving strong with great earnings and gapped well. High today and this is an island reversal...this could cause a nice run, I bought Oct 35 calls and look for a decent move over the next few days....buying time but the options were 2.08 so BE is 37.08 at Oct x date....I have not eaten here yet but sounds like people like it as earnings go higher with revisions
