Master_of_Fine_Charts

Master_of_Fine_Charts

MACD recently crossed and price has made higher highs and higher lows since breaking out of the rectangle formation. ADX is showing a strong trend (34) as D+ continues rising. Golden cross appears to be imminent as the 50 SMA continues to rise towards the 200 SMA. Looking for a strong move through the .618 fibonacci level (1893.66) Targets: $1969, $2066 and...

Master_of_Fine_Charts

Recent MACD cross and ADX is rising over 18 suggesting a strengthening trend and the D+ showing a sharp move up show us it is a positive trend. The series of higher lows and the gap up to close above the .50 fib level and descending trend line is very bullish. OBV confirms the trend. targets: 4.82, 5.16, 6.06

Master_of_Fine_Charts

Price has made higher lows since August and closed at the descending trend line. MACD is crossing and the D+ crossed D- on the ADX which is also turning up. 2 ATR stop at approx $29 First target: $36.11 Second target: $39.90

Master_of_Fine_Charts

Price is testing the .38 Fibonacci level and the upper trend line of the pennant on the daily chart. The OBV is crossing over its 5EMA and the ADX is at 45 which shows a strong trend. The D+ made a trough and is moving upward. Looking for a break out of the pennant this week for a big move up of approximately 56% with a short term target of .71 cents.

Master_of_Fine_Charts

Price recently filled the gap at $5 and has since closed higher for 3 consecutive days creating a "3 white soldier" pattern. In addition the ADX displays a strong trend with a value of 39 with the D+ indicator rising. Targets: $6.46, $7.81

Master_of_Fine_Charts

Price recently closed above the .78 fibonacci level and the most recent candle managed to hold that level. The OBV confirms the recent price action. The D+ crossed D- on the ADX on 9/1 and the MACD is currently crossing. AEP has a negative correlation coefficient of -0.5880 (1 year) in relation to the SPY so despite the possible double top formation I am...

Master_of_Fine_Charts

Price has rallied after making a Double Bottom. The ADX is signaling a strong trend and the MACD just crossed. short term target: $1818

Master_of_Fine_Charts

MACD recently crossed and the ADX is curling up suggesting the trend is gaining momentum. Price broke out of the symmetrical triangle making a higher high and closing as a "long legged" doji. I anticipate some consolidation around $14.29-$14.40 before moving higher. 2 X ATR Stop: $13.45 target: $18.48

Master_of_Fine_Charts

Price is testing the .5 Fibonacci level while MACD is crossing as is D+ crossing D- OBV crossed over its 13EMA confirming the trend. Also confirming the trend is the 13 FI recently crossed over 0. Switching to the 13 minute chart we see a break of the pennant. First target : 140.79 Stop: 2X ATR 127.74 (.38 fibonacci level)

Master_of_Fine_Charts

Price gapped up to open breaking through the .61 level and also the 200 SMA. ADX D+ crossed the D- indicating an upturn in price trend. The 13 day FI crossed 0 on 9/9 signaling a positive trend. The MACD is setup for a cross which is a buy signal. OBV confirms the price action. Stop 2 x ATR $155.42 Target: $176.23

Master_of_Fine_Charts

The most recent daily candle tested the upper bound of the symmetrical triangle and closed above the .38 Fibonacci level. The 13 day FI crossed 0 on 9/6 signaling a positive trend. On the ADX D+ crossed D- indicating an upturn in price trend. The MACD is setup for a cross which is a buy signal. OBV confirms the current trend. 2 X ATR Stop $141.02 Target:...

Master_of_Fine_Charts

Price recently reentered the symmetrical triangle after consolidating at the POC line (YTD). Recent candles took out several Fibonacci levels and closed above .5 Fibonacci level and the 50 MA. OBV confirms the trend, MACD shows rising momentum and the ADX is curling upward signaling the start of a trend (weak) The "long legged doji" suggests there will be...

Master_of_Fine_Charts

The 8/3 gap was filled on 2/1 at 89.63 and tested again. The most recent candles have been relatively large and green closing above the .5 fibonacci level. The 9 EMA crossed the 20 EMA shows the short term trend in rising. OBV confirms the upward movement as it crossed its 13 day ema. MACD is setting up for a cross and the FI (13), (2) are both recently...

Master_of_Fine_Charts

Price closed above the (weekly) trend line in addition to breaking out of the rising wedge on the daily. The close above 1 Fibonacci level and 32.67 (prior resistance) is a bullish signal, especially given the strength of the candle. D+ crossed th D- indicator on the ADX and the MACD is also curling up for a MACD cross. Force Index (13), (2) are both...

Master_of_Fine_Charts

Linear regression channel is sloped up and the current price broke above the regression line and the 200 SMA after testing support at $62 OBV is turning up as is the Force Index (13), (2) and the MACD. On the ADX the D+ just crossed the D- which is very bullish. Stop: 2 X ATR Target : 69.02 (prior high)

Master_of_Fine_Charts

AES made a "golden cross" on 9/1 and the daily candle made a bullish engulfing candle. In addition the Bullish Engulfing candle closed above the (weekly) descending trend line of the triangle. OBV crossed above its 9 day EMA and the 13 day FI recently crossed zero suggesting momentum is accelerating. Stop: 2XATR ($24.59) Target: $28.89 (prior resistance)

Master_of_Fine_Charts

Price has made higher highs and higher lows since May and filled the gap in recent days The current candle has broken the longer term up trend line (weekly) and the .23 fibonacci level. target: $150

Master_of_Fine_Charts

The flag pattern and engulfing candle are both very bullish signals. In addition the MACD histogram is rising, suggesting momentum is increasing and a MACD crossover is imminent. OBV confirms the recent price action. Both the short term FI (2) and long term FI (13) are recently positive showing a good entry point and confirmation of the trend. Finally, the...