koenjan

koenjan

UBER about to break out downwards of ascending triangle. DM+ / DM- projected to meet in 1-2 days confirming downward sales pressure. Climb pressure has been declining suggesting strong break-out about to occur. RSI has already begun to come down from local maxima. Take profit set at 21.67, the next local resistance. May come down as far as 13.71.

koenjan

NLY in nature has been a fantastic investment but has suffered dramatic losses in several key operations. Technically, NLY currently sitting at the top of the range just having bounced again off of the 6.74 resistance. RSI at a local high suggesting short, but ADX in favour of long position. Two TP points, Fib retracement suggests 4.66, but may come down to 3.83...

koenjan

NYMT is pivoting between two boundaries with little volume between, making no real intra-day trades viable. NYMT is trading well under intrinsic value suggesting huge long-term investment profit once macroeconomic factors improve. I would estimate this be 3-4 months down the line from now, but is definitely a local low for those interested in purchasing at rock...

koenjan

LPI has beat short-term expectations driven by declining oil prices which are likely to stay low for the next few months. Within the short-term horizon LPI just touched the 1.09 resistance perfectly and should come back to 0.35 - 0.5. RSI showing sharp decline and DM+ had an unusually large upward spike, suggesting greater than average consumer faith. Even if...

koenjan

KO finished forming a descending triangle moving towards a critical support of 44.26 based on a previous low. RSI is in decline and DM- overtook DM+, all indicating stronger sell pressure.If 44.26 support broken likely to descend into the region of 41 - 38. However, fundamentally KO is trading undervalue right now despite recent macro factors. Earnings up 44%...

koenjan

MSFT hit 180 resistance hard and came down 2.5% in yesterdays trade. Likely to bounce between the 180 and 166 fib retracement support. RSI suggests upwards purchasing power and ADX completely neutral. I assume a sideways moving stock for 2-3 days before moving up / down depending on macroeconomic activity. Most presumably downwards towards around 156 where I...

koenjan

As much as I love AMD, it broke a 51.41 support with high selling pressure. RSI coming down and DI- moving up, and only within start of the upward range. Could argue this is a strong downward M formation. Technically speaking, high selling pressure for AMD. Boundaries Lowest level support at 36.75 Unlikely to come back up or would generate a false impulse...

koenjan

TAL looked a local maxima in Wednesday's trading but further fed what seems to be a strong consolidation triangle. At a larger view it already seems to be a confirmed head and shoulders with rapidly declining volume; suggesting any upwards momentum is only temporary. Paired with bad press, TAL isn't looking like a strong buy at the moment despite previous years...

koenjan

Strong upside trend and broke 46.38 at yesterdays opening, but closed down within normal range suggesting a false signal, and that the resistance remains. RSI suggests a temporary sell pressure. ADX buying pressure is accumulating, but is likely dependant on earnings when declared 29/04. Within the next two trading days price likely to come down to around $40 to...

koenjan

Earnings being declared on 01/05 will determine upside break or further stagnation of the stock. Intrinsically, V unlikely to turn bullish due to global economies reopening slowly but surely. Increased consumer expenditure in Q2 may make V a good purchase now while consolidation is occurring. No clear underlying support or channel. Two channels for support and...

koenjan

KO declared $0.64 on $0.44 analyst predictions. +44.57% bumps intrinsic value to dramatically of KO particularly in the turbulent market. Good regularity in local peaks and troughs. ADX overall neutral, RSI about to come down sharply so likely short-horizon (1-2 day) short potential. Presumed local minima to be at 44 on 02/05 and come back up to local max at 49 on...

koenjan

Currently in triangle consolidation, earnings being declared tomorrow (29/Apr). Earnings will likely set direction for breakout which has higher potential on the downside than upside. Overall risk/reward is higher on long side than short side. RSI pointing up as absolute low is almost being reached. ADX neutral. If upside break a weak resistance at 181.47, if...