KrunchKitty

KrunchKitty

UA breaks out with volume. Could be a potential winning trade

KrunchKitty

US 10 yr yield curve vs the SP 500 weekly chart: I do not see any strong correlation between these two. When a market is overbought, a correction is due because of supply and demand reversal, not because of the bond curve. We have seen the market and the bond yield converge and diverge over the years. We have often seen that media tend to look for excuses when the...

KrunchKitty

AIG bull flag formed. Potential breakout on the way, watch out

KrunchKitty

MDT approaching the overhead resistance with a VCP pattern forming. I Will definitely be watching for a potential breaking out opportunity.

KrunchKitty

1, All MAs are lined up on an uptrend 2, Reduction in volume during the base building. Third time testing the overhead resistance. 3, the expectation of economical recovery/airlines, BA as the group leader should definitely be added to a watchlist.

KrunchKitty

CTG solid breakout with volume.

KrunchKitty

Hamme candlestick with great volume. We could be looking at a bounce back.

KrunchKitty

WELL did well! Just had a solid breakout with great volume. If the gap upholds its support, we will be looking at another solid uptrend

KrunchKitty

Ford is forming a textbook VCP pattern. Expecting a breakout

KrunchKitty

Ford is forming a textbook VCP pattern. Waiting for a break-out

KrunchKitty

The box + MA 50had provided solid support and the stock did not make a new low from yesterday. As investor's confidence recover, we will expect a short bounce we wrap up the day in the green. I have added a few more shares and placed stop loss at 225. However, strong resistance at 240. Will need volume to breakthrough. More likely we are entering another...

KrunchKitty

Succor broke out with volume yesterday. We are headed towards the 29 resistance.

KrunchKitty

Strong resistance above 50. Definitely require a greater volume to break out. MAs are lined up which looks great! However, too big of a swing from 40-50. More than likely, we will need a few more swings to build a solid VCP pattern before a solid break-out occurs. Consolidation underway. Be patient it is happening

KrunchKitty

MFC had another large volume week and the pattern continues to look promissing. 50 MA seems to be showing strong support.

KrunchKitty

Apple is developing a textbook VCP pattern since Sep. Trading volume decreases with contraction in volatility. None of the dips are making new lows with significant volume. Short-term MAs are moving sideways whereas the long-term MAs are in a clear uptrend. Good time to consolidate a base while waiting for a breakout