dsorchestra90

dsorchestra90

I don' really know how to evaluate the fundamentals of TWTR so this analysis is mostly about the chart.. Support seems to be strong from 35-37. I think the upside risk-reward is much better here, but probably need sell stops below 34ish. Gap left open at ~42, and the top of the parallel trend-line is ~50. History is on the side of the Rising RSI & Bullish...

dsorchestra90

Technicals look fairly good, but perhaps slightly over-brought in the near term. GILD's monster quarter helped the shares jolt upward and break through the medium-term downtrend that hit the stock after fears over margins for Harvoni & Sovaldi. - Q1 Earnings: Decimated Revs & EPS -Q1 Earnings:Margins not hit as badly as expected -HIV & Nash mitigate one trick...

dsorchestra90

The downward channel broke severely to the downside this week after KORS plummeted an additional 25% post-earnings. I think the multi-year lows of ~35/36 will be tested if not breached. Even if the stock is slightly oversold in the very near term, the trend on the technicals is pretty clear. Fundos- After a dismal earnings release and a 25% drop in the price...

dsorchestra90

Bearish MACD Crossover RSI Rolling Over Stochastic Topping Out CCI Charging Lower Break of the 2009 trend-line paints a clear picture. The market is going to head south in a big way in the not too distant future. A break of the ~10,400 or so line will confirm.

dsorchestra90

The multi-decade long trend is firmly entrenched. Until the upper bound of the trend-line is pierced, I remain bullish on 30 YR Yields.