Price confirmed today, and volume was strong. The target can be achieved as early as mid Feb next year. Make your stop 11.41 if u decide to go short
Planning to start long position $29 level with target price $36 if market does not fall from the cliff. Stop loss at recent swing low $27
Yesterday, we noted if price breaks 585 level there will be a quick run downside to 582/577 now we see a bounce is very likely November 28 low. Good luck!
Long if price pulls back to $50 with target price $59 stop loss 48.50. Good after clearly clears the descending trend-line
Recent aggressive distribution is worrisome and anecdotal warning signal and recent uptick was a bull trap"buyer beware" if price fails to hold $42 the price will continue its downward spiral that started mid November.
It looks bears are giving up now. The price is between nine days exponential and 18 days exponential. Though best entry will come above 18ema starting building long position not a bad idea here
Its has higher probability of success. The channel up-bearish- hit its destination followed by capitulation and it looks downside over extended and now there is good chance to see a bounce at least $47-$48 with stop loss at $41.15
Good to wait below $30 with target price of 27-$28 stop loss RS's peak $31.4
This 2-4 Week trade. The downside is a little bit extended and probably the bleeding will stop. Now target price $46-$47 stop loss today's low $41.15
Friday, initiated BPS closed today the short leg creating higher risk exposure. Still 706 is area that needs a careful monitoring
Though volume is not as high we would like, it looks the price ready to pop up now from here. A few days ago, we recommended a bullish trade. Congratulation!
As long price is above $585 the bulls remain in control recovery run up. Good short entry below that level. Above that level, longs have better edge than bears
Though we called right before earning that the bullish triangle was about to hit its destination of which it achieved right after earning report, we still see higher chance of May Gap filled sometime mid next year. Target price $50 with stop loss at $22.82. If you are option investor, join us with high probability trades and always ask us our performance...
Previous rising wedge did not achieve its destination but not yet over;however, the bearish flag pattern has higher probability of hitting its destination. If u decide to profit from this pattern make your stop loss at $27.50 with target price of $22.5. If u are option trader, join us with high probability trades www.woowtrading.net
Shorting opportunity is coming best entry will be 582 with stop loss at 595.
Still the price is not out of the woods though it achieved the bearish pennant target, still looks weak, but conservative traders can exit at $58
This latest bullish triangle has short cycle target than the previous bearish triangle. Good to take profit at and around $13.50 if you are in from $11 as we recommended last week, make your stop loss $11.70 to protect the profit.