We have a bearish RSI divergence in MSFT. We could see prices pulling back over the next couple of weeks.
A Cup and Handle pattern is setting up in BAX. We could see higher prices in future.
We have a RSI divergence in LTC. We could see lower prices over the next week or two.
As price is bouncing off a support, further upside is possible.
I see inverse head and shoulders pattern being formed in XLV. Likelihood of further upside upon break of the neck line is higher.
Stock recently bounced off a support level and is breaking out of a bull flag. Expecting further upside from here.
Price action is showing a nice support that was tested many times and held up nicely. RSI is showing a divergence as well. We could see prices moving up from here.
GE is forming a nice wedge pattern. If it breaks the upper trend line, stock could retest the previous high around $11.50. It has a good support at $9.
Price is rejecting a resistance level. This could be a nice shorting opportunity with a good risk reward ratio.
This pair made a long tailed bar while creating a potential double bottom. This could be a nice trading opportunity.
Price is bouncing off a support. This provides a nice long trade opportunity with a good reward to risk ratio.
Last week's chart decisively rejected a resistance level. We could see price heading lower in the coming weeks, which would result in some trading opportunities to the short side. Good luck :)
As you can see, price broke out today on strong volume. We could see higher prices in the coming days. Company also has a decent dividend yield of 1.2%.
Price broke out of a resistance level, creating a textbook cup and handle breakout. If we use the dept of the cup as a target from the resistance level and most recent structure low as a stop, we have a good trade on our hand with an excellent reward to risk ratio. Don't forget, this stock has a current dividend yield of about 1.75%. Good luck :)
This stock is bouncing from a support level. We could see more upside in the coming weeks. Best part is, you will earn 3.5% dividend while you wait for higher prices :)
Price is approaching a resistance level that coincides with 61.8% retracement of the previous bearish leg. This pair may provide a good Reward to Risk long term short trading opportunity during the next few days..
This pair has been range bounce for the most part of 2014. Today's price action suggest that it is ready to bounce to the upside....