$ORAN appears to be breaking thru and looks good on daily/weekly/monthly timeframes
I will be looking for lower prices for $SIRI, probably ~2.90ish. If we do get a tag of that lower trend line soon, I think we could get much , MUCH higher prices (over 4)
Hopefully I will be able to pick up some $ATVI under 19.50
I feel it's highly likely that $CLX gets back into the blue channel. Should at least touch $100
Just an observation. We should get a break either way (I think upwards) of this triangle pattern before the end of the month. Keep an eye on this bio.
I began this chart wanting to show a possible head and shoulders pattern. After cloning the neckline and looking left I noticed a repetition and wanted to share. Feel free to scroll to the left (~2000)
Will be interesting to see price action on the other side of the trend line
The past 2 instances of $PG touching the upper trendline has been followed by a fairly rapid(monthly time-frame) return to the lower trendline. Would look to add in the lower 60's sometime in 2015
Will be interesting to see how Amazon responds to this channel.Will need to hold that lower trend line
This is a rough estimate of the typical rate of decline(as posted in an earlier chart) and a time estimate of a possible bounce point.
Would be looking for a small pullback (maybe even to 1800) before making new highs. RSI should be bouncing soon.
I think the move today is just the beginning. I would think that the target of this breakout would be the blue line above. If (a big IF) this move mirrors the prior one, $KONG should have a 12 handle before Valentine's Day
I'm looking for 3.56 on the daily and weekly Bollinger Band/Keltner Channel
Short term I think $TNX will probably tag the red line below(~2.50) before moving higher. Maybe to the 3.40 area
As the saying goes, "What was resistance becomes support". I believe the green line has become support and the blue line becomes the next target (resistance). Hopefully the manual scale feature stays with this chart. If not,I think the stock has a chance of appreciating at least 50% from here(blue line).
This chart just for reference. Clearly the Bollinger Bands can remain in the Keltner Channel for along time, but I believe the Bands should be expanding soon. With a new Fed chair coming, possible downgrade by Fitch(?) and congressional shenanigans,I think we could have turbulent times ahead