Recent consolidation is narrowing with light volume, there is a good chance to see a upward breakout next few sessions. For details try us www.2waytrading.com
Next few weeks are very crucial and the price could prove wrong recent bearish pundits but don't rush to buy now if you are not holding already. If market starts rough year the chance you will buy it cheaper is very high. Try us for more details www.2waytrading.com
No question that price has been under tremendous pressure and it indeed failed to hold Nov low at and around $111, now price bounced back above or at previous support line $107.31 and it looks price will try to retest $111 and if it closes above it the chance to see another attempt to take out 200-day moving average is very high. If you want to get a real-time...
Trading is a tough business but when u know institutions wait for the price to move above or below certain areas either to sell or buy last Friday $BBRY came to the spotlight and finally reclaimed its 200-day moving average but also two other important moving average 20/50-day moving average. The volume also was another factor that you need to respect hitting 45...
U can wait price to push above 304 area if that 16% measured move has a chance to achieve. It really looks strong from here but requires confirmation. The bottom bullish triangle has a good chance to achieve its measured upside move but the risk is also very high. Take small position to avoid unforeseen shocks. Real-time alerts try www.2waytrading.com
Not a great fan of head and shoulders pattern both top and bottom but this deserves a look as it may achieve its measured target price $26.5 which is recent swing high before it lost 40%. www.2waytrading.com
This bearish diamond top is predicting the recent downside momentum will continue with measured target price at $63 next 8 weeks. If u decide to take short bet against this trade use tight stop loss at and around $75. Real-time alerts www.2waytrading.com
Usually this bullish pattern appears in downtrend of which the price clearly has been last few weeks. However, this may finally give bulls the chance they needed to believe the worst is behind but don't get trapped in a complete smugness here which could be a short covering rally. If markets remain uptick and close the year strong so will this stock recovery...
Hate to see the stock being attached when it's fighting to hold multiple month support line but it looks the best scenario March 2015 low 32 zone with stop loss at $44-$45
Though we have achieved downside target twice last few sessions, there is also another good chance that we will see push towards previous multiple month swing low at 107.5 area and see if price will hold it there. If FOMC reaction is positive there will be upside surge towards back to 1115.30. Real-time alerts www.2waytrading.com
We see downside target $20.35 before it heads a full multiple months measured downside target price $15 try us www.2waytrading.com
It was indeed a great trade. Now, we will see if there is another trade looming next few sessions. Real time alerts go www.2waytrading.com