Rocketman

Rocketman

Several neutral points to make about the Market Vectors Gold Miners ETF: (1) July's volume has such low interest so far compared to other months; however, the month is not over yet. It could very well end in a hammer or a doji. (2) The momentum of GDX on the MACD shows a potential for double bullish divergence. We can only wait and see. (3) The RSI shows us...

Rocketman

channel... interesting company... fundamentals are there...no dividend though.....good in the long-term (18 months) if stop is not hit.

Rocketman

It seems like INFN is moving toward the top end of its weekly channel. So, around $28 or $32 seems like a good target to go after in the short-term; however, I plan on holding it up to $40 (18 months) if it does that. Note: If fundamental start to get better, I will keep adding more every month to the company.

Rocketman

WEEKLY VIEW : TAN is at historical support on the RSI (21) on the weekly chart and the daily chart has bullish divergence. This level converges with channel support and a 71.8% fib level. All that is needed is for price to show us a weekly or daily sign to confirm my analysis on solar in the weeks to months to come. DAILY VIEW : For three months, I've been...

Rocketman

the SPX has pulled back to a horizontal support. This subsequently is also a 50%fib. In fact, all the fibs at 50%, 61.8% and 71.8% have horizontal support. It is tough to decide where exactly the market will bounce; hence, my stop is below 71.8%. Other supporting evidence: (1) Notice the hidden bullish divergence in both MACD and Stochastic indicators. This is...

Rocketman

This is a study I will post regarding MACD(12,26,9), PVT and RSI(21) regarding historical support levels and MACD convergence-divergence and MACD Hidden Divergence. Post this for future reference..

Rocketman

VPA Analysis on SPY: (1) There is an anomaly in Volume+Price on June 4th and 5th: Long-Legged Doji w/ high volume implies is a warning sign that the trend will change back up, but not a signal. (2) On June 8, 2015, we have another anomaly : The volume today (June 8th) less than average, yet with a large candle? A strong result needs a strong effort, but...

Rocketman

TRIP seems overpriced, but it seems as though it is making another trip to $100.

Rocketman

This stock is a good value and is at the bottom of a weekly channel, at horizontal support and at key fib levels. This company is changing with the times and is focusing on "faster-growing regions and higher-return businesses," according to S&P Capital IQ. What's more, YOUNG RAY G (Director) recent direct purchase of 2,000 shares at $51.98 per share on May 7,...

Rocketman

Price Pattern Analysis : The SPY seems to be channeling diagonally upwards, showing us its resilience and that it is not finished its upward thrust: Wave 1 and Wave-y What's more, prices are around the 208.45 to 209.46 support area, and it looks like it is being supported there. This is the same area of support of the Wave1 50% Fib and the W-x 61.8% and 71.8%...

Rocketman

We are at wholesale support. It is time to go long the SPX500. You can see the green trend line that was tested multiple times (more than five) and the arrows showing buying opportunities. Now, we are back there again and at solid support as shown on the chart. The day is not over, but it could, potentially, end in a hammer, as it look like now. Below, I have...

Rocketman

GILD has completed a DINOSAUR PATTERN... Don't do anything. lol! Waiting for GILD to pull back once again is like waiting for a million years.

Rocketman

Buying around 38.80 to 40.50 Target: 56.40 and 67.20 by December 2015 (5-6 months from June or July 2015) Desired Shares: 1000 Profit Potential: around $24,000 Weekly Bird's Eye View: Will update later on today...

Rocketman

The S&P 500 pulled back to support at 2119.5. If it falls down to 2110.4 to the 2110.4 support, then this will be an ideal situation for me to enter other positions such as GILD, CSUN, and MFC. All three are in different sectors.

Rocketman

Prices rallied, then pulled back to three converging support levels. It is at the bottom of a diagonal channel. There is also a HIDDEN DIVERGENCE in the RSI(14). It is in between the range of $2.20 and $1.45. So, I speculate that from here the price might start to move up. *Previous prices met the Fib Zone on April 16th and reversed. And now, it is today, May...

Rocketman

Entered at 18.54 ...and second enter was at 18.80, but I missed it. I would like to own 900 more shares of this company at these levels. If this trade works out, then my potential targets are 20.59 and 19.60. If we get there early, then I will hold until fair value, which is higher.

Rocketman

On top of recent insiders buying, SFY (Swift Energy Company) broke out of a weekly trend line and found support of the backside of that weekly trend line. This was also diagonal support extended from 03/18 and 03/31. What's more, this area is also a 61.8% and 71.8% fib support area. Finally, there are two important candlesticks that have triggered a reversal...

Rocketman

The DAILY picture is the same as the WEEKLY picture that I posted. ACLS jumped channels. If we break out tomorrow above $2.68, then we should follow the BLUE channel up to $2.90 then pull back to $2.68 again. Or, alternatively, to $3.19, then pullback to $2.90. Here is what I posted in the WEEKLY analysis of ACLS: ACLS jumped channels; and, given recent...