JacobFranklin

JacobFranklin

Check out the chart for an explanation. Once the turn happens, it's likely up for several days at least. There is a second bottom channel in the unlikely event that the price doesn't turn as expected.

JacobFranklin

The infographics generally represent what I am expecting from AMD. Waiting for the heikin-ashi to go green before trading.

JacobFranklin

Have adjusted the bottom entry point to further out, adjusted channel parameters somewhat. Looking for confirmation before entering a short position until the channel bottom.

JacobFranklin

Predicted a bump at the third red arrow, haven't seen that yet but it may come soon. Medium-term, there should be a double-bottom around the blue arrow and then a continued upward trend to the channel top as long as the price doesn't break through the bottom of the channel.

JacobFranklin

Waiting for sideways consolidation and a small double bottom for confirmation. Entry @ Approx 82.95 within a day or two after a second small bottom peak. Stop @ Approx 81.25 Exit @ Approx. 86 Risk maximum of 2% Reward approx 3.7%. Can increase investment once channel starts to trail upwards.

JacobFranklin

Heiken-Ashi 4 hr has been relatively good at predicting channel swings. XOP will likely start a downtrend for the next few weeks. Keep an eye on it, if it starts trailing sideways the downtrend is likely.

JacobFranklin

Something that you can predict is nice. XOP prices surging, should roll along in a channel pattern. Heiken-Ashi has been pretty good at predicting trend swings here.

JacobFranklin

Breakout will happen within the next few hours, or a retracement with a buy point at or near 6000 that should occur in a few days. Watch for a break above the wedge or a reversal.

JacobFranklin

BTC/USD 1 hour chart is exhibiting a rising triangle pattern with resistance around 6000. Watch for a drop below the low side slope in the near future which would constitute a buying opportunity. If a continuation pattern occurs it will be a break above 6200 with increased volume.

JacobFranklin

KWEB is nearing the top of its current channel and facing gradually lower buying enthusiasm. A pullback to the bottom of the channel may be expected for KWEB and related ETFs such as CWEB.

JacobFranklin

Based on the current trend which is a rising triangle (which usually signals an upcoming bearish move), BABA may experience a slight pullback or consolidation tomorrow, but should not exit the triangle. The stock should then arrive at 185 per share by 10/30. The rising triangle is unlikely to signal a significant bearish move in the case of this particular...

JacobFranklin

Consolidation triangle forming, confirm a breakout or reversal with increased volume and by watching price trend for up to a few days, depending on how quickly the reversal or breakout takes place. EWZ is at a point of upper resistance, see previous highs several months ago.

JacobFranklin

Identified two possible buy points. Check for double-bottoms at the specified resistance lines.

JacobFranklin

One significant dip in USOIL around 6am predicted a lower open and subsequent dip and daily run on USOIL and XOP today. Oil futures were down significantly, and XOP was trading at the top of its most recent channel.

JacobFranklin

XBI, LABU, BIB should slide to the bottom of the channel until End-July. See high moving-average divergence, reconvergence and channel pattern. Short unless something changes.

JacobFranklin

If you want to know how XOP, GUSH and DRIP are trending, just take a look at the crude oil futures. XOP responds to CLQ2017 throughout the day.

JacobFranklin

Looks like a diamond bottom has formed after the recent channel break. SCBTC attempted a breakout but has not completed. Watch for confirmation of a breakout or failed breakout in the near future.

JacobFranklin

Fast Moving Average is rounding off and approaching convergence, RSI is rounding off. BTCUSD will likely pull back for the near short term. From previous buy point that is 4.5% gain and a great profit point as far as I am concerned.