AAPL has climbed up the side of the cloud the past few days and there is no reason to think it won't continue unless it receives bad news. Oct brings another announcement so I'll wait and see unless day trading weeklies. Ichimoku Kinko Hyo is a fantastic indicator which has all of the aspects of Fibonacci, Gann and Elliot theory built in. Once you learn it all...
I'm looking for price action to get through the cloud this week and then breakout to new highs, possibly 1.52's (thanks DanV). Ichimoku Kinko Hyo is a fantastic indicator which has all of the aspects of Fibonacci, Gann and Elliot theory built in. Once you learn it all it takes is a glance at any chart to predict future price action. Learn more here: www.youtube.com
I bought SSH a few days back in anticipation of the T/K crossover with price floating above the cloud and the very positive SA article found here: seekingalpha.com Ichimoku is a fantastic indicator which has all of the aspects of Fibonacci, Gann and Elliot theory built in. Once you learn it all it takes is a glance at any chart to predict future price action....
It seems like all I trade anymore is the Ichimoku Kinko Hyo which means 'one glance equilibrium chart' or 'instant look at the balance chart'. Ichimoku is a fantastic indicator which has all of the aspects of Fibonacci, Gann and Elliot theory built in. Once you learn it all it takes is a glance at any chart to predict future price action. Learn more...
I've day traded GALE several times in the past year with success but this time it may be a longer hold for me as I recently bought 50 Jan calls based on the technical indicators and good news found here which I agree with: seekingalpha.com Even though the Close (red line) is still tangled up in past price action and the Standard (blue line) offered temporary...
BLOX has set up nicely for a breakout to the upside. Price has bounced off the blue standard line, volume is picking up and stochastics are unwound and starting to head up from the oversold condition. In my opinion BLOX makes new highs shortly depending on the overall market conditions of course. Ichimoku is a fantastic indicator which has all of the aspects of...
While the market may extend a bit from here this chart is calling for a trend reversal at some point. Nothing to trade on with this look, but a simple glance says it all.