Union Pacific - Confirmation of Support LossThe approach and alignment of Fiboclouds below the support line should be interpreted, in the current chart context, as a strong indication of an increased probability of value loss.
If this projection is confirmed and a partial realization occurs at the first target, the stop loss should be moved from its initial position to the same line where the position was opened.
This way, the journey towards the final target will proceed with reduced risk of losses and the preservation of the partial gains achieved so far.
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Put-sells
BP is a Zig-Zag UpTrend - Would you invest? Guys, I am absolutely thrilled and be doing well with BP. I have the stock, LEAPS, Put-Sells, and soon Call-Sells.
1. What do you guys think about it 'after' the earnings?
2. Do you feel Brexit will have any negative effect in 2017-18?
3. Where do you see the stock ending in any timeframe? Please be specific $ and Time (if you can).
4. How are they doing with their Retail business with each gas station?
5. What if any are the lingering effects of the $2B to $20B lawsuit that is still pending (last I checked).
6. What is the Chart saying to you?
If you can answer some or all of the above, it would be a great discussion.
Thanks.
Kenny