Ziliqa are we stopping ?We should not panic as for now, ZIL currently is still holding at the 0.382 up trend fib channel, looking forward for the bounce back <3
shorter should have good profit for now, let's give ZIL supporter a break.
overall is down -41% from ATH, but still positive toward long at this level ,
HOLD, DCA, Do not play high leverage :)
Longtern
Delta airlines. Delta airlinE: DAL hasn’t recovered at all yet.
Looking at historic delta airline price levels, it was consistently high. They were actually growing. They also have dividends. The CEO came out and said positive things. They received government funding. They also have good cash on hand. youtu.be/VuauepBwefQ - CEO talking.
Potential Trend BatHey all,
Potential Bat pattern here with the underlying trend. Gives us a good Risk Reward based on a 113% X-A stop loss. Targets are a 38.2 and a 61.8 retracement of A-D - Cannot complain with 1:2.5 to target 2.
Pattern still needs to push a little lower until it can be considered valid though so will be paying attention to it later today and if not the start of next week. I'll update the post here.
Fibsii
MRCY - Momentum Long from $33.47 as it Breaks Major resistance MRCY was found in breakout scan which is involved Defense and intelligence programs in the US. It Broke out of Major long term resistance with huge volume. We think if it can break $33.47 it can reach to $40 area shortly.
* Trade Criteria *
Date first found- January 25, 2017
Pattern/Why- Broke out of Major long term resistance
Entry Target Criteria- Break of $33.47
Exit Target Criteria- Momentum ($39-$40 area)
Stop Loss Criteria- $31.77
(Note: Trade update is delayed here.)