OLED one of my recent posts also brokeout today, Using analysis I figured it would breakout at the level of the top trendline. Unfortunately I missed today's trade but there are many more to come the market will always have an opportunity to make money.
Well well well look who decided to come through. By chart analyzing, I predicted that MSFT would break through at the 65.25 area I got in at 65.23 around the resistance trendline. Hopefully it closes above resistance and I'll hold overnight.
chinese names have been hot lately I entered at 53 because of the enormous resistance level (top trend line). and strong support(bottom trend line). It's just been beasting and i wouldnt recommend buying after such a big move. Don't need excess indicators ke NYSE:EDU ep it simple.
NASDAQ:OLED
Nice bull flag and has been showing strength since the slight market selloff that wiped traders out on the 21st. barerly even budged. even after earnings it held that old 67.25 support level showing relative strength, next day buyers showed no mercy. Then took a breather now that the setup is there looking to go for another 1. Entry- 86.20 Target- 93+...
Based on chart analyzes which is most important go by rather than late CNCB news calls. Pennant flag formation setup looks gorgeous. The big resistance break point is 265 where the gap down after earnings is. After it cleared that level buyers came in and closed it in their favor. Candles closing above old resistance is a sign of continuation. If it reaches 280 it...
