danielfellows1238
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since Sep 28, 2012
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1. Bullish engulfing pattern 2. Stochastics oversold 3. However there is low volume.
1
MCD seems an easy trade at the moment. Just waiting for bearish confirmation.
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MMM is in a very well defined uptrend and is currently overbought according to support and resistance and stochastics. Am waiting for a dominant bearish candle and/or the stochastics to cross below the 80 line. Options: sell short, call credit spread, put debit spread, buying a put.
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FB approaching very significant resistance. Second last day is (near) dark cloud cover. First high breaks through BB, second high barely does, even though at same level. Bearish divergence with Money Flow. Volume also decreasing.
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