ParCorn

ParCorn Updated 

Looks like an inverse head and shoulde forming on BABA Rest of tech looks like it is ready to bounce

ParCorn Updated 

There seems to be a gap that hasn't quite been filled. The size varies depending on if you include premarket/after-hours. Long as UGAZ fills those gaps slowly

ParCorn Updated 

I think we experience a pullback to somewhere between 2115 and 2091 leading up to the FOMC. Bearish signs: 1. Falling below 50 EMA 2. Volume has been too week at these prices to move the Point of Control. 3. Sellers outnumber buyers in this low volume 4. Chaikin Money Flow floating down and now crossing 0 Bullish signs: 1. A/D still strong (could be top?) 2....

ParCorn

Works on all time frames... also earnings is soonish (I think 11/10) and the winter season is approaching

ParCorn

1350ish area represents critical multiple top level. Gold has powerful support from a long term bullish trendline. If that's not sufficient to break through that top trendline, we could be in for a bearish few months If Gold does not push through 1350 before the end of the month then it may be time to turn bearish.

ParCorn

Near top of downwards channel trendline, BB, macd crossing down.

ParCorn

Netflix coiling into a wedge - volatility is lowest its been in weeks - Ultimate Oscillator wedge shows a bearish divergence from the price wedge - look for a break below trendline ~ 96.70

ParCorn

Miners are coiling up ready for a big movement. Coiling into a wedge with high volume. You can see a smaller version of this patter happened at the end of August. It was a bearish pattern then, and I think it is a bearish pattern again. Gold is going down and the Dollar is going up in anticipation of a rate hike. I have no position right now, but I am ready to...

ParCorn

Studying the relationship between GDXJ, Gold, and the US dollar

ParCorn

NFLX has received a mix of upgrades and downgrades over the last few trading sessions. Although NFLX received a downgrade today the intraday trading showed a "Pop and Fade" very similar (but weaker) than the one we had with the upgrade on Thursday. While I hesitate to call this pattern predictive, it is an interesting and potentially profitable pattern if it...

ParCorn

AMZN's chart is just beautiful right now. Pushing through 70+ RSI with almost 40 ADX. Look for a fall below 70 RSI with a MACD drop for a short term pullback, but soon the 760's will be a thing of the past

ParCorn

Wait for RSI > 30, confirm with boll band separation and a MACD crossing. PT 64

ParCorn

DOC is riding down it's lower bollinger band. Once it separates from the lower band we will look for it to travel to the upper bollinger band. Confirm with a RSI rising above 30 and a MACD crossing. Stop loss using lower bollinger band.

ParCorn

bottom bollinger

ParCorn

Oversold is an understatement really ... looking for separation from the bollinger band to create half position. looking for MACD crossing to create other half position. stop loss is the lower bollinger band or tolerable loss, whichever comes first.

ParCorn

Wish I didn't have so many calls open right now. RIding lower bollinger band same way it has done a few times in the past month. ATX indicates strong downward movement. RSI is still a touch above 30 so still some room to fall there. Early signal of reversal is RSI < 30. Next signal is separation from the lower band or a MACD crossing.

ParCorn

NFLX looking bullish with a potential cup and handle

ParCorn

And that wedge is getting close. I'm long