Ubuntu_mee9

Ubuntu_mee9

A sector that can correct down to 24.50 and still be in a healthy uptrend. Similarly for $GS to 200, $C, $WFC, etc. So if transports contribute to weakness, by no means am predicting big correction as long as financials, industrials, etc. show strength.

Ubuntu_mee9

A sector that can correct down to 24.50 and still be in a healthy uptrend. Similarly for $GS to 200, $C, $WFC, etc. So if transports contribute to weakness, by no means am predicting big correction as long as financials, industrials, etc. show strength.

Ubuntu_mee9

A pullback possible based on hourly channel

Ubuntu_mee9

Healthy action here with 20 MA held. Fib levels and levels on chart - looking for Stoch RSI to turn as well as MACD to move up

Ubuntu_mee9

As posted, entry when 107.5 was taken. Nice recovery today, but could use some rest before breaking over recent highs.

Ubuntu_mee9

On daily, MACD curling up along with MFI and price with support of 8EMA/20MA with 25EMA/50MA above.

Ubuntu_mee9

Price stuck in this channel on hourly, with STO in possible oversold position on hourly

Ubuntu_mee9

Over this 0.382 retracement and we continue going higher? Watch the level for possible resistance here

Ubuntu_mee9

Possible iH&S and C&H formations (h/t @venkysrinivasan)

Ubuntu_mee9

For higher low, must not CLOSE below 210 on hourly chart

Ubuntu_mee9

Following up on my chart from two weeks back now that earnings are out of way. If pattern holds, the move should take us beyond 150.

Ubuntu_mee9

Awesome strength here. Not even retraced to 0.764. Prefer to wait for 8 EMA to catch up before getting in.

Ubuntu_mee9

After the breakout, today's candle is almost a bearish engulfing candle, so if long keep watch.

Ubuntu_mee9

EPS coming up, otherwise all technical indicators support higher price movement

Ubuntu_mee9

A slightly higher high for now on 60 min

Ubuntu_mee9

A price objective of 230 in immediate future

Ubuntu_mee9

Technical indicators look good, be mindful of earnings on 04/30

Ubuntu_mee9

Trend of higher lows and higher highs broken with a lower low. The question is will we get a lower high or higher high next and a higher low to follow.