Looking bullish and beautiful! Straight forward trend.
Watching for a classic bounce play along a moving average. Waiting for price to stabilize and narrow and then ricochet off the MA. This stock is recovering from a rapid rally and needs time to stabilize. The blue line is a moving average (50) and the black line is the expectation of the price movement. Notice the 200 MA has a nice slope upwards and the overall...
Bullish on silver. Accumulation with upward price momentum.
Just for fun... a fripletop This stock keeps falling and can't get up.
Break of trendline. Will be looking for a 15 cent entry below the open on Friday ($166.26). Short term hold due to earnings. Super nice target if it gives way. WILL AVOID if it gaps down too much on Monday's open.
Break of resistance, nice base, slowing pace gradually turning over to the upside. Will take a 1/2 position.
Stop =$4.84 HHs, HLs. Sideways or UP. Good R/R ratio = 2:1. Weak dollar also favors commodities.
Broke the 200 MA and thru resistance. Stop = 14.07 Target $16.50 (Equal move)
Stop @$3.71 Target $4.50-$4.81 to close the gap; $5.60 2nd target looking good for a long after a nice long consolidation. looking for an equal move; up stock on a down day : ) I was in this yesterday, but will watch @ 3:30 for a strong close and will buy more shares, if weak close (i.e. doji), then avoid the trade TGIF
HH'S, HL's, trend break, accumulation days, bottoming pattern Strategy: small position
Will be out at tight stop if investor and trader moving averages fail to spread apart here. Directional trade, if it doesn't work , cut losses fast, and consider re-entry later. Technical trade.
Potential Long trade for Monday April 20th. Hope fully no gap up cuz will not chase it. Take profits early not seeking full target in bearish market. Will watch for now. Will set stop 20 cents below entry $6.70s. Entry to be $6.90s. Target high 7s
SHORT Position. Descending triangle pattern. Fundamental : Earnings miss. I entered this trade this morning at $100.95, adding more shares now. Looking good so far.