Bullish continuation pattern targeting upside fib extension objectives. Oversold on weekly and Fisher TF cross
As I called out before. ETH with an IHS at neckline. I see broad market fall and rotation into crypto's and "alternative stocks."
Into S3 on monthly and long lower wick. High short float at 62% and tute ownership at 78% and +475% insider transactions. Target - 7.60 .. I would let this retest the lows to see if they hold
Momo divergences and spinning top at the 1.272 fib extension. Williams %R flashing sell. I'd be careful here. I think this move was a giant short squeeze. No position
Right into the .764 and they were unloading IWM into the highs.
Enough said. IHS with a deep .764 retracement. This is a bullish continuation pattern ready for mark up.
Massive accumulation.. Target 17.50 , then $27 - fast. Long from avg px .1865
Massive accumulation and algo price suppression. Subsidiary has exclusive access to a "key" government owned patent. Price target is $3500. Timeline for breakout is by next week.
H&S on monthly. If we use closing price, we a lower high. In addition, I think $DB is about to go under. Derivative bubble burst
Triangles within triangles with bull flags and a IHS on weekly chart. Massive consolidation and block accumulation. Looking for a big move from this one soon.
Lots of traders fail to zoom out and look at weekly and monthly charts. We have a triangle and the move into it was up; therefore, the expectation is a continuation in the direction it entered. Pivots and fib extensions provide upside targets. On lower TF's like the 1 hour, I see a bear flag. The expectation is a continuation, but doesn't have to. I have no...
Rising wedge with 1M block at 55.39 and above R2 on weekly.. Trade idea.. July $55 puts at 1.70. Also noted 10,468 volume on that strike vs OI 4,742
1. Oversold RSI 2. 99.2% Institutional Ownership 3. 35% Short Float 4. Climactic Selling into weekly S2 5. Down 82% from June 2016 6. Bullish momentum divergence The high tute ownership and accumulation with high short float makes this stock explosive. Given the sharp recent move down, it may need more time, but any bounce will cause massive short covering...
1. Small falling wedge 2. Below S3 Support 3. Short Float - 57.99% 4. 78.20 Institutional Ownership 5. MACD Signal Cross 6. Oversold RSI - Bullish Divergence 7. Williams %R Buy Signal 8. Climactic Selling over 7 days ago Under accumulation and down 86%. With massive short float and high tute ownership, there is limited supply and will create a massive...
1. Bullish Wedge Down Pattern 2. 41.82% Short Float 3. 95% Institutional Ownership 4. Bullish Macd divergence 5. Williams % R Buy Signal 6. Double Bottom at S2 Target price - 15.56+ Trade idea. August $13 Calls @.70 Under accumulation and massive short float will be an explosive move up. Great stock to buy and hold or grab some call options.
On the monthly, this looks like a giant distribution pattern with the UTAD "Test" TL holding at resistance and the 61.8 Fib. (As of now) Is it possible we go higher? Sure.. Calling the top is difficult. As we all know, the market likes to retest open gaps. I've notated all the open gaps along with key fib levels and support. At a macro level, we know pensions are...