dorfmanmaster

dorfmanmaster

There is a good RRR to enter XBI today. We seem to be in a bullish channel (showed in chart). IMMU - Which is 1.5% of the sector, is also a good option. (higher risk - higher reward).

dorfmanmaster

Trump and Xi Ping have come to a tariff truce at G-20 this weekend. Trump is now using Huawei (previously blacklisted, banned, etc.) as a bargaining chip, allowing TEMPORARILY, U.S. companies to continue doing business with China's Huawei. Here is a list of Top 20 U.S. based Huawei suppliers . I believe most of them will rally this month (July 2019). -...

dorfmanmaster

AVT has been in a consolidation pattern since July 10th, with a bull technicals behind. Last candle today is a hammer. Showing buyer strength when price fell to $43.6. Technical data Price just below SMA(50) Price just above SMA(200) RSI @56 trending higher OBV confirming trending higher Directional move index turned positive If we can continue above...

dorfmanmaster

I see clear support ($75) and resistance ($82) zones for WWE. If we don't see some kind of buy/volume bounce-back, and we cross the $75 on a downtrend. I would short if we brake the flag pattern (drawn in the chart). On the other hand, if we start going higher and brake the $81.5 with confidence. I expect WWE to reach $100 again.

dorfmanmaster

As shown in chart. TLRY could benefit of a big rally if we can cross the $56.50 SMA(50) line with strong volume. Technicals RSI @62 with a stronger comeback from being oversold. (Check chart drawings) * Always set your stop-limits to protect your position, as well as exit-profit targets to get your gains. Happy trading! dorfmanmaster

dorfmanmaster

Fundamental analysis With all the hype around Beyond Meat meatless burgers. Tyson (TSN) who is a now official competitor on this semi-new (not only for vegetarian) market could be a gainer. Technical analysis RSI @48 trending higher (could be stronger) OBV confirming at all time high We made a head and shoulders (shown on chart), with a positive uptrend...

dorfmanmaster

LTC broke $110 resistance. Has set up a clear bull flag. Technicals RSI @69 reaching higher highs. OBV confirming uptrend I would expect little consolidation before next breakout. * Always set your sell limits (profit-exit & stop-loss) as you enter a position. Happy trading everyone!

dorfmanmaster Updated 

If LYFT can stay today above the $63. I would expect it to go higher. If the candlestick today has a wick on its top (breaking through this $63). I see potentially heavy winds for the stock.

dorfmanmaster

ROKU raised its third flag. Technicals: RSI(10) @70 OBV at all time high CCI(10) @50 - high resistance line Price range at all time highs Bollinger width show a relative squeeze. Fundamental and technical analysis show ROKU as a good short-term as well as long term investment.

dorfmanmaster Updated 

Two bullish flags have been raised. We could potentially see another. Technical analysis RSI(10) @72 reaching for higher highs. OBV confirming at its peak for 2019. CCI(20) @115 - Could potentially reach 240 for bounce Resistance @$17.8 / Support @11.5 Fundamental analysis On a fundamental basis, I don't think Snapchat will do well long term....

dorfmanmaster

As shown in the chart, we broke a bear flag. Technicals RSI is weak but growing. OBV hasn't been this high since early 2000's. If we can break the 200SMA line with strong technical indicators and volume. I see SMTC as a possible cheap high growing company. Heavy support/resistance lines: Resistance: $55 Support: $37.5

dorfmanmaster

Amazon just showed a technical bull flag. RSI and OBV confirm short-term bull trend. I would wait to see how AMZN and the consumer discretionary sector (XLY) behave after the FOMC meeting on Wednesday June 19th 2019.

dorfmanmaster

AVGO earnings report: AVGO Q2 earnings surpass estimates Q2 quarterly report represents an earnings surprise of 0.77%. A quarter ago, it was expected that this chipmaker would post earnings of $5.19 per share when it actually produced earnings of $5.55, delivering a surprise of 6.94%. Over the last four quarters, the company has surpassed consensus EPS...

dorfmanmaster

Using Fibonacci retracement: SBUX next resistance is $85.75 . If we brake above this line with high volume, it confirms the extended bull trend; meaning we could spend some more time in overbought conditions. RSI and OBV confirm strong uptrend since July 2018. Check weekly time-frame for a clear view.

dorfmanmaster

Gold is breaking resistance levels in most indices. With the probability of the fed cutting rates at almost 90%, Gold seems like a great option for a medium-term investment.

dorfmanmaster Updated 

Flag is forming (again) on Z. Technicals RSI(10) @67 on higher highs ADX @45 on higher highs SMA(50) crossing above SMA(200) SMA(100) crossing above SMA(200) Note: Would not buy if it breaks the $44.3 support line. If it bounces upward, consider being Long. * Remember to always set your stop-loss and profit-exit orders to protect yourself and...

dorfmanmaster Updated 

There are clear resistance support lines. This is a speculation move. (in chart) The one positive thing I can say is, OBV is confirming high volatility. RSI @56

dorfmanmaster

I haven't seen a chart like this. Overbought conditions tend to go to extremely high levels. ( RSI<30 oversold & RSI>70 overbought). Technical Analysis: I see a positive divergence between the bull rally from February (marked in the chart) and this June bull rally, is that the OBV is 50% higher! RSI(10) @89, last rally ended on RSI(10) @94. Check out...