miguelsique

miguelsique

I would be very cautious at the current level spy is at. it needs to pick up lots of volume to break that level of support in order to start heading back into its previous channel. but lately we have been seeing that the volume is beginning to die down. At the moment I am watching on the side lines with cash on hand ready for buying opportunities. the elections...

miguelsique

I believe Apple is getting ready to make a move up this month. It broke out of the 112 resistance area up to 117. and retested prior support and sustained that level. my guess is that apple will continue to hold the purple area next week which is between the 112-115 and possibly the following week we can see apple start pushing up.

miguelsique

Been watching roku for a while now its one of my favorite stocks to trade. I strongly believe that roku has hit the end of its 5th wave. what i want to happen is the ABC correction i have shown on my chart. its highly unlikely for that scenario, However with how the market has been lately anything can happen. More realistically though, we might have a pull back...

miguelsique

today boeing performed good and i am seeing boeing doing good tomorrow as well. however i do not think this is the anticipated jump people are hoping. YET. in the 4 hour time frame i see a possible upside down head and shoulders reversal starting to form. I honesly believe todays good performance was just confirmation that boeing is getting ready to make a big...

miguelsique

Current level shows we closed above a resistance level. if it opens below then it'll be bad news for Disney. I am assuming Disney will go lower since we see a bearish engulfing candle stick. best case scenario full those who are bullish is that i am wrong and price rejects the 200MA.

miguelsique

Whats up guys its been a while since i posted but here is my analysis for SPY. luckily i was able to short Spy when it hit its highest point yesterday. giving me a 200% return in profit. there is a chance for spy to recover but i would not go long unless it breaks 360 within the next couple of days. if tomorrow spy opens out side of the channel i will re-enter my...

miguelsique

Hey guys. so far my technical analysis is going hand in hand with the fundamentals. I made this chart a few days ago and so far its been following the trend. the biggest confirmation was when IBM opened up above the 50 MA on Wednesday. Critical points to break are the top light purple area between 124-126. If it breaks through it should continue up to that area...

miguelsique

After seeing boeing consolidating and keeping that 181-176 range for a few weeks now, i think its safe to say that boeing picked up enough volume to finally make a move up. seeing a possible cup and handle formation just might make this a confirmation to go long

miguelsique

Roku is in a pretty good bull run. retesting previous support levels was inevitable it had to pull back in order to go further up. however we do see a strong resistance on the $130-$133 mark. previously it made a double top at that level but if it can break though it we can see possibly $140 maybe even $150 levels. failing to break through the retest of $133 will...

miguelsique

Disney has been respecting structure of the channel shown at the chart. it has show that Disney touches the purple area before it goes up so if disney trades above the purple area at the price of $112 then ill be placing a call. if it breaks through support we might see a retest at the $98 level. please do your guys' own analysis this is what i see and it is not...

miguelsique

Apple can go either way at this point. I will be waiting on monday to see whether or not to make a call or short put order. i see that a price above the 345 support is crucial to continue its upward trend. If it opens Monday below it Apple might drop to 1st or even 2nd support level. two things to keep in mind. 1. the RSI shows Apple is really close to being...

miguelsique

hey guys let me know what you guys think, but based on my analysis im betting that boeing will hit its prior support level of $162.50 before making a recovery or possibly at the $172 support level. will be waiting to see if it breaks through the 180 support. comment and let me know your thoughts please thank you.