Facebook update inverse head and shouldersA pattern emerged at the 200SMA daily chart (see in the comments). A signal is a break of the neckline with high volume. MPO is just below the $190 level.
Elliott wave analysis suggests that once we finish the pattern, we turn back to continue the wave (3) down.
Good Luck!
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Apple update Elliott WavesBased on the current count, we are finishing wave B correction soon. If the bounce happens and wave C starts, we should see a big sell off. Break of the uptrend line could be extra confirmation.
Will look for patterns to form at the top. Apple is a big part of Dow Jones, so could signal incoming sell off in the index as well. Dow chart supports this as well.
Good Luck!
Tesla update symmetrical trianglePrice convergence forming a symmetrical triangle as Tesla fails to get back above red resistance zone.
RSI also converges. All sign that the stock is gearing up for a break of the triangle soon. Higher probability on the sell side. Tesla missed 3rd quarter delivery expectations.
Banks and investment funds target the price of Tesla back below the $200 level.
A buy signal could only be if first close above the recent highs and 200SMA, so at least above $260 level.
Good Luck!
ALB SELL 05.10.2019SELL signal at 66.32$.
Albemarle Corporation (ALB) is a global developer, manufacturer and marketer of highly-engineered specialty chemicals. The Company operates through three segments: Lithium and Advanced Materials, Bromine Specialties and Refining Solutions. It is one of the biggest Lithium mining company in the world.
If you want to see more history of this strategy, I will able to show you if you request me.
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You can use the signals independently or like indicator of trends together with other indicators in your trading strategy.
Know that the success of your strategy that based on those signals depends from your money management and the additional conditions that you make in these strategies.
You use these signals inside your strategies at your own risk.
The chart shows the last trades on the product + the last signal.
I have several strategies for different products, and I want to show you proof of it works on history, and you will be able to see it, when returns to that profile.
Therefore, subscribe and watch for that profile.
The signals rare but useful.
John Laing half year results - Heading down/breaking uptrendToday's news has broken the uptrend after a narrow range formed since March and JLG has broken below it's daily 200 EMA
Tesla updateAfter fully retracing the losses from start of the week, Tesla jumped 6.06.% yesterday. Spike happened due to leaked email that suggested record deliveries.
Now approaching the broken trend line again. Indicators overbought. Great risk-reward here for a short. I would consider going long next week if we close above $250 level today.
Majority of investment funds and banks still have a price target below $200 level.
Good Luck!
JP Morgan update double topForming a double top at all time high level with good divergence on indicators. Neckline was previously strong resistance, so a break through it should give high probability for a short.
Majority of funds and banks price target this stock below $100 level.
Considering that indices could be topping, this could signal beginning of the downturn in equities.
Good Luck!
Schlumberger update inverse H&SMarket cap in S&P500 is 52.22B. Company supplies technology for drilling, production and processing in oil and gas industry.
Major banks and investment funds expect the price to go back above the $50 level. As many oil and gas companies, this stock had a bad year after the sell off in oil at the end of 2018. Now as oil seems to be recovering and uncertainty in Middle East puts supply into question, this stock could bounce.
On the technical side price reached a weekly trend line (see in the comments). Daily chart shows a potential inverse head and shoulders pattern forming. Divergence on indicators is present. Another pullback from the 200SMA before we spike. That would offer the best risk-reward trade. Increase in volume on spike to the upside would be first confirmation, then of course the break of red resistance zone and 200SMA.
Good Luck!
Halliburton updateHalliburton is and oil & gas equipment company within S&P500 index, market cap at $18.32B. Lost 48.98% from this day a year ago. The price target for most banks and funds is around $32-$50. The company went lower than expected so now, buyers could start looking at a cheap entry for a long.
Technical side shows a nice downtrend line being tested. Could be the beginning of the inverse head and shoulders pattern, divergence already present. Looking at another test of the red zone and bounce, then buy at the low of the right shoulder on smaller time frame for best entry.
Good Luck!
Fedex updateFedex has a $39.78B market cap, and has real trouble late months because of Amazon taking over its market share.
Now price broke the uptrend line and closed just below the $150 level. Still seems set to fall lower, so best to short it.
Long only possible if the price attempts to close the recent price gap, but it is less likely.
Good Luck!
Apple updatePrice attempted to make new highs but now retests the green buy support zone. Potential to buy on the open with tight risk.
Majority of investment funds and banks still see price target over $230.
Short option can be considered if the uptrend line breaks after being tested again.
Good Luck!
Ferrari updateStock broke the uptrend line, retested it and now retests the green buy zone. Potential to short the break lower and target the first fib level at 38.2%, also 200SMA on daily is catching up to that level.
A buy is possible is price starts to close the gap back up to 160 level, wait for impulsive move higher for confirmation.
Good Luck!
JCI signalBUY signal at 44.15 $
Johnson Controls International PLC ( JCI ) is a global diversified technology and multi industrial company. The Company is focused on developing energy solutions, integrated infrastructure and transportation systems. Its segments include Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific and Global Products.
If you want to see more history of this strategy, I will able to show you if you request me.
ATTENTION this strategy may has downtrend about 20%, so you can split your buy order, that you have not big downtrend.
__________________________________________________________________________
You can use the signals independently or like indicator of trends together with other indicators in your trading strategy.
Know that the success of your strategy that based on those signals depends from your money management and the additional conditions that you make in these strategies.
You use these signals inside your strategies at your own risk.
The chart shows the last trades on the product + the last signal.
I have several strategies for different products, and I want to show you proof of it works on history, and you will be able to see it, when returns to that profile.
Therefore, subscribe and watch for that profile.
The signals rare but useful.
Capri Holdings updateMarket cap of this global luxury fashion company is $4.83B, part of SP500 index. Banks and investment funds target the $54-$63 on this share.
Now testing the support zone and downtrend line, 3rd touch now. Best to wait for a low and put a long trade with small risk and add on the break of the trend line.
Good Luck!
Amazon updateAmazon seems to be forming a small head and shoulders, though it is not clean. But divergence is present. Best setup is to wait for price to approach the uptrend line again. Best risk-rewards to go long there. If the price breaks lower, setup could reverse to the short.
Target price for banks and funds ranges around $2000-$2400, so room to go up.
Good Luck!
WORK the time is right?If you don't have a stomach for this, don't do it, or, do it with 1: 3 R/R why not?
My play is with 200 shares, markets open, for a long run pf course.