Allott_o_Options

Allott_o_Options

Price has brokken its steep long term ascending trend line. I am short AMZN (small size) with a target of 700. AMZN features in hedgefunds top 50 long holdings

Allott_o_Options

Entering long as prices test the lower channel. Stop at 1.1220 Target 1.1390 If I get stopped out I will reenter my long on a test of the loner term ascending trend line (light blue dashed line)

Allott_o_Options

We went long QCOM on the blue arrow price level (51) after breaking and closing above the short term descending trend line with an initial target of the longer term descending trend line. After prices jumped through the longer term trend line my initial next target is 65.70

Allott_o_Options

Prices broke below the ascending neckline which initiated a short trade. Still remain short with a target of 105.

Allott_o_Options

Price is just about to break above the longer term descending trend line. Additionally, this stock is also within hedgefunds top 50 shorted stocks in Q2 2016, coupled with a nice reverse head and shoulders I target a run up to 46 if price manages to close above the descending trend line on a daily chart.

Allott_o_Options

Bullish with a target of the upper channel. A nice technical setup along with the stock being in the top 50 of hedgfunds most shorted stocks in Q2 of 2016 should add extra energy to any up move.

Allott_o_Options

Price failed to break the long term descending trendline. Price broke the short term ascending (dashed red line), therefore expect a move down to retest the lower level of the ascending channel. From there I will look for a long setup.

Allott_o_Options

TLT looks to be in a bull flag setup. Currently waiting for a break of either side with a target of a test of the lower channel (blue ascending) if price breaks below and a run up to 145 if a break of the upper channel (red dotted lines).

Allott_o_Options

Despite my opinion on the overall market, I still look at the charts for my intra day trading. Currently the ES is in a wedge pattern on an intra day time frame. My opinion is the following 1;. Bearish sentiment is at 63% which could see prices push through and break the upper line of the wedge. I would then target a run up to 2197. 2; Prices break the lower...

Allott_o_Options

Crude is within an important wedge pattern. If prices can break above the wedge pattern we could see a big run up to 56 (closing a previous gap down) and then up to 62 (recent highs). Failing this, if crude breaks the lower wedge we could see prices come down to retest mid to low 30s. With long interest at around 70% I expect some downside pressure until the %...

Allott_o_Options

Target Highs.

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Long after a break and close above the descending trend line. Target 126

Allott_o_Options

Price on the daily, weekly and monthly is up against the upper 2 standard deviation bollinger band. I am expecting a daily/weekly retrace back to the mean (around 50 points) before evaluating the next move.

Allott_o_Options

After an initial bullish formation, LOW has gaped down below the ascending channel (as a result to earnings release). Price gaped down into a cluster of price support (stipulated by the blue rectangle). I am neutral currently on this stock until price has settled.

Allott_o_Options

If today price closes below the channel, I will initiate a short with an initial target of 41.

Allott_o_Options

Bullish with a target of 85. Staying bullish unless price breaks lower channel line.

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Bullish price action, expecting a pop up to test the upper line of the ascending channel.

Allott_o_Options

Price broke through the short term descending trend line, target of 1.1425 .