AMD - Hits first target @ 19.00 Evening Star Doji Pattern (www.investopedia.com) potentially formed. Price might pullback to test Resistance Turned Support at 17.40 level (~0.618 Fibo Retracement point 15.7 to 19.9) Took profit.. Wait for pullback around 17.4 area and re-enter if there's sign of reversal.
AMD has been ranging between 10 to 15 since Jan 2017. Finally break the resistance around mid June 2018. Price make a pullback to retest and bounce from resistance turned support... Expect to rally to 19 then 21 if price able to maintain above 15.5 (Resistance turned Support) area. Wait for reversal signal and go long around 15.5 area.
Another "candidate" for Buy on DIP - IQ Price slides ~30% from mid June peak @ 46. Price retrace to 50% Fibo level. Support at 30 level looks solid Price stay above EMA50 and starting to cross above EMA20. Volume is picking up. ~50m traded exceed 40m moving average. No sell signal from Bollinger Band indicator.. Price closes above high of last 2 candles for...
Bullish Engulf at strong support around 30. Volume build up and Force index turned +ve. Oversold and recent candle solid with short tail (marubozu). Individual candle showing Higher High, Higher Low.. Neutral Bollinger band. Accumulate 50%.. Good entry around 32..
Micron has gone through few weeks of consolidation after good run in 2017. Potential breakout from triangle with Reward over Risk > 2. Currently, It's Oversold and showing growing volume indicating BULL is coming back. Breakout also seen at Bollinger Band indicator.. Target is around $56. Suggest partial buy at breakout.
Sign of recovering in CELG. 1 - Oversold with sign of selling climax over. Strong support around 93-95. 2 - Force index still negative but improving. Buyers is back - Force Index moving towards +ve . 3 - Price still below EMA50 and 200 but starting to break above EMA20 resistance with Gap up. 4 - First Turtle Buy Signal out since 25 Sep 5 - Price cross upper...
AMAT seems like rebounding. +Breakout from Triangle pattern. +Price break and move above EMA20 & EMA50 -But volume is not significant + Buy signal appears on Bollinger Band + Force index turned +ve - Bull gaining momentum + Oscillator suggest selling is overdone (oversold) Suggest partial buy.
MRO makes new higher high Trend reversal confirmed. Hit first target but not overbought. Bollinger Band and Force index maintained +ve. Expect to retrace to find new support before move to next higher target.
+Baba broke triple top resistance at 192 with significant Volume = Causing upswing rally. +Broke psychological resistance at 200. +EMA20 > EMA50 = Bullish +Price is above EMA20 Very Bullish +Broadening gap between EMA20 and EMA50 suggest BABA is ready to continue to be bullish. HOWEVER -Currently tested Uptrend Channel Resistance -Price extended to far above...
Potential Reversal in MOMO. . + EMA20 Crossed Above EMA50 + Price stay above EMA20, RMA50 and EMA200 + Price broke Downtrend Line and making Higher High + Price making Lower Low and tested Uptrend Line several times. + Nice Volume + Break Upper Bollinger Band + Strong +ve Force Index. Expect to pull back a little to test EMA20 and make another Higher Low before...
Update from previous posting - - Price moving as expected. - Heading towards psychological resistance at 12K level. - Force Index stay +ve. Buying interest building up slowing. Further buy if break 12K level.
So far so good. Price is moving as per expectation. 1) 17 Feb - Price breaks above down trend channel with strong volume. 2) 20 Feb - Price continue to move up until it form "Shooting Star candle" hit Resistance at 11700. Same level as 28 Jan 3) 25 Feb - Pull back to FIBO 0.382 ($9351) and rebounce around EMA200. HOLD : Expect to move towards 11700...
Buy Signal starting to show up. + Price has broke out from downtrend channel after completing ABC Wave4 consolidation. + Price making 1 month High. + Broke Bollinger upper limit - Sing of rally. + Force Index stay positive for few days after oversold. - Approaching Support turned Resistant at 12700-12800
BTC formed HnS at the peak of $20,000. I expect the price drop to around $8000 or around EMA200 level but it broke the support. Correction of the BTC is within bullish wedge... The corrections seems like going to "crash" which causing fears among weak hand. However, recent surge in volume suggest that Wave4 correction might be coming to near end. Suggest to be...
VISA is oversold and making a rebound after pullback to 0.5 FIBO. Tested EMA20 Support. Abandon Baby formation or Harami Cross formed with confirmation. Estimate 5% upside in 2 to 3 weeks.
MNST daily chart shows strong breakout with small gap up. Volume is significant Narrow Bollinger breakout = power Significant Force Index = Power Very Bullish - Further Buy...
Alibaba fail to rally further above 190 for the third time - Tripple Top. Doji formed at the peak around 190 with Oscillator oversold. Based on Fibo, price is expected to pullback to 179-184 region to test EMA20 (support) where it can be potential buy area.
+MRO making trend reversal and breakout primary downtrend +Bullish EMA lineup : EMA20 > EMA50 > EMA200 +Making Higher High and Higher Low. +Generally shows +ve Force Index since last Earning Call +Price retrace to FIBO 0.618 and Consolidating around EMA20 +Price trying to break 15.28 level. +Price above Lower Limit of Bollinger Band (ATOM). Few buy signal...