AGI - Rising Wedge Continuation Pattern Entry: Over 3.82 Target 1: 4.11 - 100 MA Target 2: 4.78 - 200 MA Support 1: 3.59
Jan 2, After Hours UPDATE Maybe you are asking, "Where do I go from here?" With the news about a BK deadline extension this afternoon, tomorrow could have some crazy moves with enough volume. We'll look to break today's closing price, then go after today's HOD around .2850, reach for a break over .40 and reach for the stars at .5050. If that breaks, ALL HELL...
Jan 2, 11am UPDATE!!! Bam! A break over .18 could spiral us towards a gap fill early. Look for some consolidation, but don't be afraid to sell part of your position to lock in profits and let the rest run!
Jan 2, 9:46am RVLT Holy Grail Trade Setup Idea RVLT is having a good day (currently up 11%) and it's been making higher highs the last four days. With a 8ma break, the RSI is climbing out of oversold and our Macd is still bullish. I'd love to see this march towards the .60's. Entry and exit as close to the 8ma as possible.
Jan 2, 9:30am CST SGYP - GAP Swing - Having a good day today. Worth a day trade toward a swing to get that gap play possibility from the .15's to the .30's. I like that the RSI is breaking out of oversold and we have a bullish Macd signal. So, looks like a good setup at least.
DEC 19 - HG SWING PLAY - BULLISH MACD; BULLISH CURVE OUT OF OVERSOLD; BULLISH PRICE ACTION; FRESH ENTRIES SHOULD LOOK FOR 8MA CROSSOVER CONFIRMATION OF SWING TO 3.75 RESISTANCE AT THE 20MA.
DEC 19 - HG TRADE IDEA - GREEN CANDLE OVER CANDLE CONFIRMATION ON THE DAILY; MACD BUY SIGNAL; RSI OVERSOLD BOUNCE- SMALL POSITION ENTRY - LOOK FOR 8MA CROSS FOR SWING CONFIRMATION
JNUG - I'm viewing candlesticks as a line based on closing prices. Today, the price closed at the 8ma resistance. If it breaks over tomorrow, a good entry might be if it breaks above the 20ma around 7.00 with target one around the 50ma at 7.68 and target 2 around the 100ma at 8.70. Currently the RSI and MacD are bullish, prepped for this move if volume can...
SWN - Nice Continuation Pattern - Looking for bounce off bottom trendline support around 4.80 for a push towards upper trendline resistance between 5.80 and 6.10 come Jan 1 if pattern holds. RSI and MacD both look great for an entry.
AGEN - Channel Play - Breakout watch alert set for entry above 2.50 and bounce watch alert set at 1.70.
ARWR - historically positive ER with ascending price action afterwards. Closed at previous candlestick resistance at 14.80's, which is also just under significant upper trendline resistance but resting on 50ma. A break over 15 could see a push to 100ma. A break over that could see push to 16.50's. If we get past the 16 mark, we look to fill the gap to even the...
HEAR - As predicted earlier, HEAR has given us an historically reliable bounce off the RSI 30-40 range and seems to hit significant resistance at the 100 day moving average. Closing in the 17.70's today, it's next hurdle is the 50ma around 18.25. A push over that tomorrow could compel us to swing the stock towards the 100ma again around 22. If not in the...
As predicted, RGSE continued its upward price movement today, continuing its break over the 20ma on the daily and stopping at a high of .3781, which is right around the line of resistance I posted about being .376. If you didn't exit with profit yet, I don't blame you. RGSE still has bullish indicators that haven't broken down yet. The RSI is still ascending,...
Moving averages are one way to determine where the lines of support and resistance are for a given stock's price action; hence, they can help us figure out where to enter and exit a trade.
After bottoming around .30, RGSE has been looking better every day, as evidenced by a bullish Macd crossover and a rising RSI. I mentioned in my blog that an entry confirmation would occur when the price action crossed over the 20ma and the RSI confirmed a break over the 30 breaking out of oversold, both of which happened Friday. I entered at .3347, and the...
BTC/USD Coinbase 2 Hour - Appears to be heading to significant 100ma support at 9127. Entry look for a bounce off this support line.
CDR TRADE IDEA GK PLAY - RESISTANCE BREAK EXCEPT FOR THE BEARISH MACD SIGNAL, CDR is showing a RSI bullish move over the 50 and price action on Thur has closed above the 50ma and 20ma right under the $4 significant resistance line; a break over $4 could see a break over 4.20 with price action bullishly moving towards the 100 ma.
RNN TRADE IDEA GK PLAY - PREV RESISTANCE BREAK RNN has tried many times to break over significant resistance at the 1.71 line established by previous candlestick action, but has struggled to do so; however, with a bullish RSI move over 50 and a bullish albeit small signal on the Macd, the price action closing at that 1.71 mark could mean a break tomorrow, which...