See chart. Not planning on shorting it - don't even know how. But might be an interesting buy if it falls to $100.
Will initiate and build a long term position anywhere within the purple box. If it breaks above yellow and orange lines we should expect pressure at 1.97. If we're at that juncture, I will reassess my entry point and look to enter a long position around 1.90.
Citigroup broke and closed a 5 year price resistance last week. Should consider buying on down days as long as price holds above red diagonal line. My bet is we'll never see it under $50 again. Fundamentals are strong. Below book value - all other banks are above. A phenomenal restructuring play in the financial sector. Profit margins widen for banks when...
Low risk entry in BABA. Higher lows indicate a potential breakout from flag pattern. Vertical histogram is the 334 hour moving average (51 day). It should not break and close below 105 if it is indeed about to breakout as early as next week. Needs to break and close above 107.50 to show a high probability set up. What's most attractive about today is its...