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Momentum Indicator (MOM)

LII bull flags confirm break above $100LII is a low volume stock but one which is beginning to show signs of trending well since breaking above the 200ma in October 2014. At that time there was major resistance ahead with price trading below the March 2014 pivot high ($94.69) and the $100 figure. The March high proved the more difficult to crack with price hanging around the $92-$97 zone for several months. Clearing $100 was more straightforward - although there were a number of indecision candles (doji in the main) just above this level. There was no particular retest of either $95 or £100 so longer-term trend traders would have to wait for further confirmation that the uptrend had continued momentum. The two recent bull flags have given such a signal and a buy position could well provide good profits. The one point of note here, however, is that in the previous bull trend (shown on the weekly) the pullbacks were pretty deep. So far the latest trend is proving to be more linear - but patience and wider stops may be needed to successfully trade this stock.
NYSE:LIILong
by iAnneTrader
Squeeze Momentum Indicator [Complete Package]This includes an overlay, the indicator itself, and alerts. UCS_SQUEEZE_MOMENTUM_OPTIMIZED_OVERLAY UCS_SQUEEZE_OPTIMIZATION UCS_SQUEEZE_MOMENTUM-OPTIMIZED_ALERT ------------- videos.tradingview.com - Let me know if there is any other request. ================================================================ /////// NOTE: THIS IS NOT THE MAJOR VERSION I PROMISED YOU GUYS. /////////// ================================================================
AMEX:FXE
by UDAY_C_Santhakumar
1
US Dollar Index To Fall - First Support at 84.50The US Dollar Index has been rising strongly for most of this year, coincident with a major decline in broad based commodity indexes. However, we are currently seeing signs that the current price level may be the end of this strong run and lead to a major consolidation - likely coincident with a rally in overall commodities. This chart shows the daily Dollar Index. There is a notable divergence on the momentum indicator between the October high and the current December high. The notes on the chart show that a typical price target after a divergence pattern would be for a retracement to the price low of the divergence pattern - in this case at about 84.50 which would be the next major horizontal price support on the chart. Also while not shown on the chart the current Commitment of Traders data shows that the large speculators maxed there net long position at the October high as well, and the current run up from Oct to December has been on commercial buying which is opposite their normal pattern, and is a typical and classic sign of capitulation in a trend. This creates a compelling technical set-up for a sell out or short position. And the CoT data gives us confirmation from the "fundamentals" as evidenced in the extreme net short of the "smart money" commercial traders. The divergence or capitulation in commercial positions just gives us another aspect of market psychology suggesting that the trend is very close to an end.
INDEX:DXYShort
by StockMarketAlchemy
1
ROST gaps up on earningsROST could offer a good near-term buy on Fridays' gap up on higher volume. The bar was very bullish - adding to the momentum to the upside - and easily cleared the 2013 pivot high. For longer-term traders, however, the large gap up could easily be filled - so we would want to see some sort of pullback or retest of the 2013 high before considering this a buy opportunity. And by that time we could well be approaching the psychological resistance of the 100 figure. Since breaking above the 200dma in August the trend has been very linear so if this continues and price clears $100 then a long-term buy could be in the offering. One for the watchlist.
NASDAQ:ROSTLong
by iAnneTrader
DLTR gaps up on higher volumeOn yesterdays earnings announcement price gapped up on DLTR (with higher volume). This offers a good near-term opportunity to buy this stock for a quick profit. Ideally, it would've been nice to have seen a more bullish bar. For longer-term opportunities this stock has trended well in the past, but since June 2012 the trend has not been able to re-established itself. In late October 2014 the most recent upward wave began and, after breaking the October 2013 pivot high at around $60, it has shown more strength. With two gaps up on higher volume and a retest of the October 2013 pivot this could well turn into a good longer-term opportunity, again.
NASDAQ:DLTRLong
by iAnneTrader
LOW going higherLOW has been trending up since late 2012 but the ride has not always been smooth. From November 2013 to August 2014 price was stuck in a prolonged pullback/consolidation around $50. Then in late August price broke above the November 2013 pivot high, retested it (see the weekly chart) with a spike below the resistance-turned-support and continued it's upward momentum. On the daily chart LOW broke above the 19th September pivot high and a good opportunity to buy into this stock presented itself with the first gap up on 31st October. If you missed this then yesterdays gap offers a second opportunity. Trading gaps is a near-term strategy but LOW looks in a position to trend over the longer-term, too, so this set-up could apply to either.
NYSE:LOWLong
by iAnneTrader
AGN gaps up over $200AGN often crops up on my watchlist. It has been in a bull trend for several years but frequently experiences prolonged consolidationary periods. The stock has been in an uptrend since earlier this year but got into a $145-$175 range from May to October. But, despite the market-wide October pullback, AGN manage to break out of this range, retest the previous resistance and continue its upward trajectory. Yesterdays bar gapped up on higher volume and closed well above the $200 mark and previous pivot points - offering a good short-term buy opportunity. The one negative on this potential trade is the nature of the breakout bar - it's extremely bearish. If you don't get triggered long onto this trade within the next bar or two you may want to remove your order.
ALong
by iAnneTrader
In $TSLA, Everything Points To Upward Move1. Each bottom represents an approximate $60 increase from the previous one ($55-$115-$175-$235) and on Friday we closed just above $235. 2. TSLA rebounded off of the orange trend line twice, seems like its going for a third time. 3. $235-$240 level has a history of being a support/resistance level dating back to March of this year. 4. The RSI shows TSLA is oversold at the moment, and when TSLA is oversold, it doesn't stay that way for long. 5. The stock is currently at the 100 Day Moving Average (DMA), where it could potentially find its first support. 6. TSLA hasn't gone below the 200 DMA in 2 years, meaning there is huge support there, and it is only $15 (6.4%) away if the stock manages to break below all the other trends.
NASDAQ:TSLALong
by 32no
4