dorfmanmaster

dorfmanmaster

Cannabis stocks have been gaining from the start of this week. Technical analysis RSI has been trending upward, but OBV has not, creating a bearish divergence. /Bearish We saw the same three candlesticks ending on November 21st, 2019, leading to a strong pullback. (Red circle drawn in chart). /Bearish Fundamental analysis Since May 2019, cannabis stocks...

dorfmanmaster

Technical analysis We tested resistance approximately at the $50 limit; and broke it on Thursday, January 2nd. Now this resistance has become out short-term support. A bull flag is forming today, as a continuation of the bull pattern. Top 10 Portfolio holdings Name - Symbol - % of ETF assets Meituan Dianping - 03690 - 10.43% Alibaba - BABA...

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Technical analysis DI+ > DI- cross was made on December 16 . Since then, we have stayed above the 50sma. Since the IPO lock-up (November 6th), OBV has trended upwards on higher highs; RSI is following as well. Fundamental analysis by MorningStar Analysts On Dec. 24 Uber announced: Travis Kalanick, Uber's co-founder, will no longer be on the board...

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Bullish technicals PYPL has struggled to stay above the 200sma, which is still in an uptrend. Today closing above the 200sma would we the third consecutive day doing so... Risk reward ratio is 3:1 Bearish technicals OBV has been trending lower, diverging from what the RSI is telling us. We have a few layers of overhead resistance. ----- Keeping on a...

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The RSI study on SBUX has worked well, as it behaves very closely to the stock price. A Uptrend RSI & price B Downtrend RSI & price C Price consolidation & RSI uptrend Fundamental J.P.Morgan raised its rating on the SBUX to "overweight" at $94 FE.

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Technical MAT broke and sustained its 200sma resistance a couple of days ago. Todays candle above the trend (pink trend line) are confirmation MAT longer downtrend might be over. Fundamental / News December 15th tariffs were removed, easing pressures for them. However, 25% tariffs will remain on $250 billion Chinese imports and 7.5% will be put...

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Technical analysis 200sma & 100sma are now working as our support. This is specially important as they just recently reported earnings (check fundamental analysis below). There is also a Fibonacci confluence setting support at $43. Risk-reward-ratio ---> 3.5:1 Entry ---> $44.5 Profit-exit ---> $54 Stop-loss ---> $41.89 Next...

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FUNDAMENTAL PANW earnings guidance lagged its forecast, creating a 12% decline after hours. Palo Alto said that it has agreed to acquire Aporeto, a machine identity-based micro-segmentation firm, for $150 million in cash. The company said its earnings projections include net expenses related to the proposed acquisition. TECHNICAL Both the 50sma...

dorfmanmaster

Waiting for at least 3 closes above the 200sma to confirm new uptrend.

dorfmanmaster

JNJ broke its 200sma this Wednesday, November 20th. *For more technical analysis information on this event, check in "related ideas" or click here: There was a short-term resistance as the trade range was still inside the triangle (check chart). Currently being broken

dorfmanmaster

Recent significant events: House Passes Bill to Protect Banking for Marijuana Businesses Measure would prevent federal regulators from penalizing institutions that serve companies operating in states where cannabis is legal. // September 25th, 2019 House committee approves landmark bill legalizing marijuana at the federal level ...

dorfmanmaster Updated 

I am looking to enter a position in VMW, as it just crossed the 200SMA with good volume, and an uptrend RSI and OBV. They report earnings November 26th, 2019; after hours. So be aware of the event. We will get a better understanding of how much it will move closer to earnings. CIBR, which is an ETF of cyber-security is trending higher. Analysts have a bullish...

dorfmanmaster

JNJ has breached its 200sma resistance, to enter "channel 1". I would wait 2-3 closes inside the channel above the 200sma to enter a position. Profit-exit ---> $144.2 Stop-loss ---> $133.19 Approximate RRR ---> 3:1

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Technical analysis SMA: For the past 4 days, SMAR rallied of the 50sma with above average volume. It took out its short-term resistance at the 200sma, and is currently crossing 100sma today (nov.20.2019). RSI @67 on an uptrend OBV is higher than early june when stock price was also $45, indicating accumulation (Bull). **The healthcare is also...

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Technical Analysis: CIBR had a volume spike of 850,000+; which is 80% higher than usual, yesterday November 12th 2019. The 50sma (yellow line) is bouncing back, trying to cross the 200sma (red line), and after it must cross 100sma (blue line) for it to continue being bullish. 10sma is short-term support - $29.3 All time highs is short-term resistance...

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Technical Analysis PG is a beautiful chart, maintaining an upward trend channel year to date; meaning very clear support/resistance levels. The 100SMA (blue line) has been long-term support since late 2018. The 50EMA (red line) has been an excellent shorter-term support. If we can cross this (now) resistance, out next resistance level is $125. *It has...

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Analyst earnings review UBER had third-quarter earning results above the top- and bottom-line S&P Capital IQ consensus expectations. However, we still expect losses in Uber Eats, along with more aggressive investments in ATG, to delay Uber’s first full-year adjusted EBITDA until 2022. Analyst target: $58 Uber's IPO lock-up period over!! Tomorrow ...

dorfmanmaster

Technical Analysis We are breaking a previously tested resistance at $230. To enter the new channel, we probably need to close above $235. OBV is at all time highs. RSI(10) @72, has been following setting lower lows and higher highs. Overbought can continue to be overbought. Check risk reward ratio in-chart. ** I would wait for a breakout to the...