Stock was weak yesterday as well, never violated previous day resistance, closed blw VWAP. Still expect it into 35.00 area.
Setting an alert at 0.774 to get long a little if broken. And watch to add depending on the action around 0.78
GM is trading abv 37.00 on pre-market on news it might sell Vauxhall and Opel brands to Peugeot. Seems like if it manages to stay abv 36.50-75 zone there might be a good long w/target into 38.00
'Citi recommend shorting at 1.0615, target 1.0375, stop 1.0730' Just try to realize what kind of recommendation is it... To me - pretty safe and rather boring
X is about to break thru next resistance with mid-term upside into 46.00. Not bad
gonna short a little off of this strong resistance
Having in mind this 'raging bull' called SPY, there might well be a real breakout on Friday here. It has a textbook bullish flag here, so let's get long a bit.
YELP was really weak on Fri, closed into day low. Locally for a second day play I will look for a short entry blw 35.80 w/target into 35.00. But on a bigger picture it's slightly different (next idea)
TEVA is in steady downtrend, since last Dec it's being consolidating blw previous strong support at 35.00. Today's good report is a great chance sell more at a very attractive price. So today I would be looking for shorts against 35.00
On a bigger picture YELP might find some strong support at 35.00, to me - inlike TWTR - it does not look dead at all.
Nice resistance and a room to go to close recent gap if broken.
but gonna watch closely if yesterday's break was for real. to me the best condirmation will be if some real volumes come and it keeps abv 229.7
TWTR is very weak. Shows no signs of resistance at all. 14.00 is gonna be a target for this move
EUR/CAD locally keeps repeating same old pattern, giving perfect entries with great risk/reward. On shorter term picture would rather be looking for shorts. Re-evaluate if triple bottom works at 1.38 zone
Some signs it might be true, like higher lows and tighter conso here below 0.7777. Would like to see if it breaks this resistance (and if oil helps)
0.76 was a very strong LT resistance, correlated well with a bigger picture down trend line. Now it became a support. Not tested well yet, but still a support. Does not change my core short idea so far, I'd rather say corrected it, so I'm neutral now. Fundamentally lots of uncertainties from both sides. Better to watch now - there're great setups in other pairs.
TWTR could not get back above day low, now consolidates blw it. Got short a bit, would expect another good move south