danielwesterholm

danielwesterholm

This area of resistance is a tough breach for GM. If it comes back to support around 30 USD then it could bounce again. Otherwise I´ll wait for a break above this zone.

danielwesterholm

Looks like the bearish breakdown failed and it´s time for the bulls. Will wait for a pullback before looking for a trade. If it can pull back to support and bounce off of 10 SMA or 30 EMA it looks bullish.

danielwesterholm

Looks bullish if SIRI can pop above this triangle formation, down at major support and accumulating in a tighter range. Keep an alert around 4.25 for a bullish move. That would give a 2:1 RR before filling the bearish gap.

danielwesterholm

Bearish divergence on the OBV indicator and we have stuck right at a major resistance area shows we probably will pull back

danielwesterholm

Sentiment is bullish on both CVX and it´s rival XOM but my trading plan only allows me to own shares of one of the company´s at a specific time.

danielwesterholm

I like SWN bullish but the volume is a tad low ATM, will hope for a small pullback today or tomorrow and then bounce off of the moving averages, a quick look at BB shows bullish sentiment

danielwesterholm

I like INTC if it pulls back to 20 SMA on the daily or any daily EMA.... sentiment is long

danielwesterholm

Not much to say than what´s all ready on the chart

danielwesterholm

I think we either pull back to support or break bullish during the upcoming week, volatility is very low...I like SQ now for long term but i love it down at 8.14

danielwesterholm

Despite the dollar going up we saw some major moves on a lot of metals (including GLD) this friday and we ended the week with 9 pennys away from a tweezer bottom on the weekly I´m right now waiting to see what the dollar might do in the near term future before entering any longer term trades but my trading plan allows for 1-5 days trades on metalls

danielwesterholm

SLV has made a very bullish gap off of support, in the low of this channel.... missed this move but my trading plan is to only be in short term (1-5 days) on precious metals right now since the dollar is on the move up. I´m long term bullish on silver after the bullish break out of this falling wedge

danielwesterholm

SHOP is about to complete this retest gap in the top of a long term triangel pattern, if we see a strong break out and retest then buy the retest

danielwesterholm

My plan is to wait for a pullback off of 10.21 resistance in to 9.79 pivot, CCI needs to be above 100 when we pull back. A quick wave count could be a third wave right now and then we´ll probably break above the resistance with a wave 4 as retest...

danielwesterholm

Looks like WM has hit some major resistance from fib and trend lines, WM are in an uptrend and on the daily we see a BB squeeze forming, looks promising for a bullish breakout....