HIgher than normal volumes for past year. Higher volume on down days comparative to lower volume on up days. 3 to 4 Rallies Above 50 Day Average - Failed.. Railroad Tracks topper. Wide, loose cup with handle base indicative of late-stage. Watching for death cross and then straight to hell. Hope it doesn't happen, but hope is not a strategy.
Short idea. Wait for consolidation or pull-ups and go short. Small share sizes for overnight holds - gap downs. $AMAT looks similar.
Watch for intraday weakness. Bearish entry below $99.50 Target $92.25 @ 50 MA .Stop = 101.02
Stop - 27.20 Enter 27.45 or better. 1st Target 28.00 >>>>>Plan to ride 10 EMA until cross and stop out if trade works.
looks good on weekly and monthly too..Any thoughts on an entry?
Prior earnings had sell offs + Trump's tweets.. : D Target would be 0.5 - 0.62 Fib retrace. Tight stop loss.
Levels drawn according to weekly chart. Earnings will either confirm or negate a trade (4/26). Entry 39.03 Stop 37.62. Target > $42. Will be interesting to watch price action prior to earnings...
This looks like it's under distribution, it could get juicy if investors decide to flee. Under 50 MA!
Double Top. Short @ 59.40 Stop 59.90 1st. target = $58. Morgan Stanley Downgrade, Trade wars
COUP - earnings surprise. Expect resistance at $49.57. Hugging 10 EMA and above 20 SMA. Nice trending price action. I am in since yesterday. "The trend is your friend until it bends."
XOM has bounced off of daily demand area and has formed an upward trend on low and high timeframes. Trading volume increased significantly on Friday. 1st target around $76 and 2nd target $77.50. Let's not forget the attractiveness going long on a high dividend stock. If not a bounce, than further consolidation in $73-$74 range. I believe it would take a major...
Will watch to see how high DSW can climb before it's ex-dividend date on March 22. Consider looking for a top AFTER that date and a short sale. Stock is already more than 10% extended from 50 MA. Earnings are mixed - operating margin has increased and sales are mixed. Would expect profit taking at that point and a price decline. If stock goes above $22, I will...
I lost $500 on this because I didn't stick to the trend guidelines and continued to hold despite what the chart was telling me. I believe MZOR is a great company, innovative product, no debt, however it did recently receive a downgrade which contributed to the downfall in price. With current weakness in the market in which only the strong survive, MZOR was...
Lackluster sales on Star Wars game. Missed EPS. Recent insider selling. Weak income statement with YOY operating margin increase and net profit margin decrease. Technically EA had a lower closing price and could not penetrate supply area today despite a + news release yesterday. Buyer sentiment is still positive tho. Counting on increasing volatility and weakness...