We have MNST showing a typical elliott wave pattern. It might dip down further but know that we are about to see an ABC bounce back. We also have a tell tale oversold point on the RSI so we should be looking at a pop but I am going to buy around B instead of now just to confirm that the stock is making an ABC pattern. Will keep you guys updated --
SKX 2.55% has been on a trend upward since the end of 2016, and its not breaking now. The Q2 earnings went well and there is a massive gap that will be filled soon. It was severely over sold on the gap down and now if you look at the MACD it shows a bullish cycle ready to begin. The support line at 21.20 may be hit again before it goes back up but be on the...
AMZN is'nt going anywhere any time soon so that's why i think this ascending triangle will hold up and we're going to see a big increase in the stocks within the next week or so.
It has a very solid support line and is forming an ascending triangle so I'm looking for that ascension!