MichaelMF

MichaelMF

Judge slashed amount in damages JNJ must pay from 8 billion to 6.8 million WSJ reported just at 3:28 pm

MichaelMF

MACD looking good on 4 hr, higher lows, the last few candles based on close and wicks. Trendline from August earnings at around $114 up here could offer support if it drops downwards. RSI oversold. Gap fill around $123 upside, around $114 downside with a secondary at around $111. Need more data but A/D could be forming an uptrend. Not advice.

MichaelMF

Same range as back in August. Could make a play to catch the move up $3 that will probably occur. Ranges usually break to the direction they were entered, so it could break downward. RSI is low though, a drop could find support again and bounce back up. Blue Horizontals are the range. Red is resistance (gap resistance) to the upside, green is support to the...

MichaelMF

Once this starts to turn around, looking like it will be a bit longer, Grabbing these. Currently around $0.64. Essentially options pricing at this point with a gap needing filled as well as they've got things in the pipeline. This could take a while, but hypothetically with a gap fill this could turn a profit of $246.31 approximately from current pricing for every...

MichaelMF Updated 

Don't get me wrong I like TSLA and what they're doing, putting things into vehicles we'd have never thought of... Biohazard mode helped out hundreds to thousands during the wildfires in Cali. Summon, pretty awesome. However... Gotta admit this looks ridiculously parabolic. Less than $200 about 7 months ago, now up almost 200%. Expecting this to give up ground...

MichaelMF

Descending Triangle. Lower Highs longer term vs the . Started with a bearish harami. RSI stuck in the middle. MACD is looking to turn positive on the daily, but without anything to really boost it, it could be short lived. 2 hr and 4 hr MACD are both looking weak 2 hr with a pop of strength just now, 4 hr still looking for red. Weekly MACD is also looking to go...

MichaelMF

No FA will be presented, only TA. Looking like a triple top over the last few weeks, bout to break to the downside by the looks of things from the uptrend it's been in. RSI downtrending, and at support. Looking like a descending triangle, if it plays the same then expect a drop. MFI fallen out of uptrend. Waiting to see if retests or not. A/D dropping a bit...

MichaelMF

Daily gap fill around $10.15 RSI just left a slight down trend, retested and bounced back. MACD losing downward pressure, looking to turn green soon. Right around 59 or a little above seems to be where selling pressure lies on the MFI. A break and hold above could lead to gains. 100 day EMA looks to be offering pretty good support rn. Other EMA's in the...

MichaelMF

Supposedly dumped jet fuel all over a playground after returning to LAX after leaving for China. Watch to see if another mechanical issue or what not. Couple schools got hit only one were students and faculty needing attention.

MichaelMF

Recalled back to LAX after leaving for China. Dumped fuel on a playground effecting kids and teachers. Other schools also supposedly hit but nobody effected at those locations. Reports are it smells like jet fuel around the playground and there's vid of a plane dumping fuel nearby. One of the flight stats sites is how I found it's a Boeing 777 based on the flight...

MichaelMF

Possible ascending wedge. Either a big pop coming soon or a big drop. I'm thinking we see a fake out break down and then power through to new 52 week highs. If a drop could see $141 or lower. RSI negative divergence, but thinking we could turn around on it, Blue dashed line shows an area with some reversals on the daily RSI that could offer support. A/D in...

MichaelMF

Expecting this potential descending triangle to play out. Up to around $95 before dropping. Fallout around earnings. Expecting that regardless of holidays, they won't hit what they expected. Big farms will be using straight from vendor. Only farmers/farmhands and small farms might be going through TSCO. With many small farms in bankruptcy, figuring sales to not...

MichaelMF

RSI from 1 hour to weekly overbought. Expect to possibly see $93 range before dropping from this parabolic run. ~40% in 3 months. Could be wrong with the signing of Phase one though. On the short list coming up whenever the next correction occurs though. The bigger they are the harder they fall. Just speculation not advice.

MichaelMF

Possible channel drop out on the 2 hr. Looking at support around 33.

MichaelMF

Falling back into rising wedge. Close on 4hr at this lvl or lower will be a good size bearish engulfing candle. Could find support from trendline around 197 or so. If not, Black dashed line at 188 and change was a bit of support from a time ago. Could drop to around that lvl if it falls out of the wedge or possibly more with how much this stock can move.

MichaelMF

Could see a drop here after that near perfect doji. HTF 1-4hr are looking down based on macd. Could find support at around 101.80's give or take .10 based on a few wicks and full bodies that found this as a top or bottom.

MichaelMF

Up a little bit, looking like descending triangle. Typically breaks to the downside. Upside potential on small tf, but may not be enough to move it out positive. I'm thinking we'll see enough upside to raise rsi on some time frames a bit from way overbought. MACD on daily weakening. Short term: going up. Medium term: down to around 55-56. Potential support at...

MichaelMF Updated 

Apple looking positive on the daily and 4 hr with strengthening MACD toward the positive. However... Both near overbought territory on RSI. 4hr MFI showing divergence. ALSO, 1 and 2 hr RSI around 58. Both hit a resistance around 64. MACD on 1 & 2 weakening. 1hr MFI divergence. 2 hour ended slightly up. 3 day RSI overbought and weakening MACD. Weekly, MACD...