DavideG

DavideG

Republishing older chart, with a few new annotations. Re-shorting DAL here at $38.54 - exactly where I covered in late June. Bumping up against the 50 SMA, which has been a significant support level since Nov 2012. Long-term momentum broken, with the RSI dipping below the 48 level in early July for the first time in more than a year and a half. Targeting $35.4,...

DavideG

Republishing older chart with a few new annotations. Same short signal as last time. Once again faces significant resistance at the 63 RSI level, with failed breakout from rising wedge. Targeting $71.5. 6.27.14 - 1:10pm EST

DavideG

Expect previous 50SMA support to turn into resistance here. Notice how it bounced off that level 6 times between Jan 2013 and Mar 2014. OBV also nudged up against resistance. Targeting move down to $46.15. 6.18.14 - 12:44pm EST

DavideG

Rising wedge and nudged up against TL resistance. Intermediate support at 50SMA. 6.3.14 - 3:26pm EST

DavideG

Falling out of a rising wedge and plenty of resistance above. Thanks to Timwest for recently pointing this one out. 5.30.14 - 12:13pm EST

DavideG

JPM backtesting previous TL support and 200SMA simultaneously today, which were both significant support levels for more than a year. After bouncing off the 200SMA six times over the last year and a half, JPM broke through the moving average in April. Looks like a low risk setup here. First target - $53.15. 5.28.14 - 10:45am EST

DavideG

Losing its momentum here and faces big gap resistance. RSI broke UTL support, and has now backtested TL. 5.21.14 - 1:38pm EST

DavideG

Something to watch. Still bearish here, but potential breakout in the works. Still lots of resistance on the way up.

DavideG

Zillow has been unable to rise more than 29.5% in the last year without undergoing a correction. Specifically, each rally of ~28% ends with a correction of at least 16%. Since the last bottom on May 8th, Zillow has appreciated 22%. Patiently waiting for rise to $115-118, marked by red box, for short sale. Targeting return to the 50SMA, which has proved to be a...

DavideG

Upon request, revisiting eBay. The stock looks posed to resume its breakout. It tested its 20 SMA last week and quickly bounced higher, closing above its TL support. Price has diverged from the Balance of Power (systematic selling/buying) over the last two weeks. Now approaching RSI support, after failing to break through a key resistance level in late...

DavideG

Dipping below the $50 mark, but TL support nearby. Expect this to bounce back within the descending triangle - setting a tight stop loss given the lack of any support beneath. 3.20.14 - 3:29pm

DavideG

As an earlier chart of mine shows, eBay was due for a short-term correction, as it began to show signs that it would break down out of an ascending triangle last Thursday. However, it found support yesterday at 38.2% of its breakout since February 24th, and on heavy selling today is once again there. Low risk entry point here, as its sitting on lower trend line...

DavideG

Sold my April calls yesterday. Waiting for this one to play out. Will repurchase on confirmation of breakout, otherwise waiting for retracement to $57-58.

DavideG

eBay is staged to break out of a nearly 15 month consolidation for the second time in the last two years. As depicted above, eBay has repeated the same consolidation pattern from 2011/12. Between duration (450+ days), trading range (~$9), and a sequence of 5 corresponding reaction lows and highs to form a narrowing pennant (to mention just a few), the two periods...

DavideG

Once again range-bound. Consolidating at $84 support for second day in a row - 5 min hammer formed. Anticipate a rebound to resistance at $87 or $88.5. Tight stop loss at $83.4. Target $87 Entry $84 Stop Loss - $83.4

DavideG

Just starting to envision some possibilities. No position at the moment.

DavideG

Positive earnings release AH yesterday. Selling off heavily today - hammer forming, anticipate price will begin to consolidate around $84 support and eventually rebound. Setting a tight stop-loss given the downward momentum. May adjust target based on price action. Target - $87 Entry - $84.25 Stop-loss - $83 2/13/14 - 10:38am Davide

DavideG

Looking for a movement down to $62.