octradr

octradr

I haven't done anything on google yet so I decided this would be a pretty good time since it has been in the consolidation phase since the middle of July. The first line to notice is the red support line from the weekly chart. I find that the weekly gives a better overview of whether a stock is overall bullish or bearish. Since it is still over the line I would...

octradr

See my previous chart for more details. Use 16.75 as new support. HAPPY TRADING!

octradr

SPY has had a strong support line since the start of the year and it is currently being tested again. Because of the strength of this line I would say right now is a good time to go long. The green line on the RSI shows that when it dipped below this level a period of adjustment occurred before resuming the prior uptrend. A few things do concern me...

octradr

I decided to do an analysis of APPL on the weekly because the shorter time periods are starting to show too much distortion. The neck-line proves over time that it has been a strong support and resistance zone. The other red dashed lines are just short-term lines. If these short-term lines are broken it just means that the prevailing trend has slowed and most...

octradr

Buy if it closes over 80.16. MACD is crossing also. HAPPY TRADING!!!

octradr

Pepsi appears to be getting ready to break out of a little box range that it has been trading in for about a week now. If it closes above 80 I would expect this current downtrend to reverse and use 80 as the new support. If it falls below 78.23 I would expect the downtrend to continue. HAPPY TRADING!!!

octradr

It just broke support and the 9 crossed under the 26. Good time to short with a target of 23. HAPPY TRADING!!!

octradr

ABX is trading in a range right nowbut it is just consolodating to move further down. If it closes below the bottom orange support line... hold on to your hats because it's gonna be a doozie!!! Keep an eye on the RSI... it has done a pretty good job at calling bottoms. HAPPY TRADING!!!

octradr

LOOK AT THE WEEKLY CHART AND YOU WILL SEE THE CYCLE! It has historically taken between 3-4 months to make the move all the way down but you would be looking at gains over 20% The MACD has been a great indicator of this cycle and the fact that it has been under the 50 day EMA so often lately shows that it is losing its steam. A great entry would be if it rebounds...

octradr

EBAY has been trading in a nice box range between 49.38 and 58. The MACD has done a very nice job at predicting the next move and EBAY is now near the bottom of this range. If you trust this range you could buy now or if you want to play it safer, wait for either a breakout over the resistance line or for the blue MACD line to cross over the orange line. HAPPY TRADING!!!

octradr

Coach is oversold and under-valued. Place stop around 51 and buy according to your own risk/reward. The first target is the resistance zone around 55. Second target would be around 59. Once this stock gets over 59 be careful because single day drops in this zone are SUBSTANTIAL! Look at the end of January and the end of July. HAPPY TRADING!!!

octradr

Notes on chart, but here is how I would play it. As long as the 13 day EMA is under the 25 I would remain bearish. If the 13 goes under the 50 which hasn't happened for a long time I would be even more bearish. Remember that the overall trend has been up since December 2012 so don't get faked out. The safest play would be a long play and wait for the 13 day to...

octradr

FORD has a strong uptrend and has finally presented an attractive time to get into this game. If you want to play it safe wait for it to close above 16.75. If it starts moving sideways I will re-evaluate the situation. HAPPY TRADING!!!

octradr

There is a good support at 6.14 and the 200 day MA has moved up to hold the line as well. I would be bullish if it closes at 6.40 or higher and bearish if this support fails. HAPPY TRADING!!!

octradr

NVDA broke out of its trading range a few days ago but has since retreated back into the range. The last reaction high has been holding as support. It has been trying to get back out of the range for 3 days now. This is definitely worth keeping a watchful eye for the next few days. If it breaks out again and holds with good volume I would believe the bulls finally...

octradr

It just broke out of a very long-term resistance on the weekly charts and the daily trend has been up for a while. BUY BUY BUY!!!!!! HAPPY TRADING!

octradr

This old support, now resistance line at 14.31 from the daily chart is still holding but not without a fight. As long as it holds I am short on BAC. HAPPY TRADING!

octradr

Disney weekly and daily chart both show that it lost the trading range. Daily chart very bearish and weekly chart won't be complete until friday. Good time to open a short position and use 62.06 as the resistance with a stop loss slightly higher. HAPPY TRADING!