reversalradar

reversalradar

Technically this doesn't look ready to buy, below the 50-day average and it's not out of the trend line yet, but it has shown some good relative strength the last 3 days on this attempted market rally. If it is to hold the current levels, it would need to consolidate sideways for about 6 more months and if it rallies out of it vertically, it will sell off and...

reversalradar

Pending no bad news about litigation / investigation from Chinese authorities having merit, this stock is bound for $100. It will break the $50 level easily and keep going long-term. Buying strategies: $35 breakout $29 support 28.20 (.38 retrace) 25.50 (.50 retrace) 24.50 resistance becomes support Will not sell unless, bad news hits stock on chinese investigation

reversalradar

Consolidating above 12 is a good sign.

reversalradar

Oil has seen its lows, Iran saying it will go along with production freeze could lead to higher oil prices I believe, so SLB is the safest oil play. Would take small stake here and buy larger stake upon breakout of consolidation of prices in 3 to 4 weeks.

reversalradar

this looks similar to gpro and amba bottom and amba bounced nicely out of the breakout

reversalradar

This uptrend will continue until 50 MA, / orange downtrend line. I can't turn bullish on this until it consolidates above 95, and to the right of the orange trend line.

reversalradar

cup w/ handle base Buy point 40.23 Composite Rating 95 MARKET DIRECTION AND INDUSTRY GROUP FOR HA General Market Market in correction Industry Group Industry Group Rank (1 to 197) 78 FUNDAMENTAL PERFORMANCE FOR HA Current Earnings EPS Due Date 04/21/2016 EPS Rating 97 EPS % Chg (Last Qtr) 113% Last 3 Qtrs Avg EPS Growth 83% #...

reversalradar

Buy point 50.10 IBD buy point 48.83 3 Red dots, 1 yellow Composite Rating 99 MARKET DIRECTION AND INDUSTRY GROUP FOR XRS General Market Market in correction Industry Group Industry Group Rank (1 to 197) 41 FUNDAMENTAL PERFORMANCE FOR XRS Current Earnings EPS Due Date 04/26/2016 EPS Rating 90 EPS % Chg (Last Qtr) 0% Last 3 Qtrs Avg...

reversalradar

Composite Rating 99 MARKET DIRECTION AND INDUSTRY GROUP FOR OME General Market Market in correction Industry Group Industry Group Rank (1 to 197) 31 FUNDAMENTAL PERFORMANCE FOR OME Current Earnings EPS Due Date 03/09/2016 EPS Rating 90 EPS % Chg (Last Qtr) 200% Last 3 Qtrs Avg EPS Growth 47% # Qtrs of EPS Acceleration 2 EPS...

reversalradar

JBSS has 7 Red dots Composite Rating 99 MARKET DIRECTION AND INDUSTRY GROUP FOR JBSS General Market Market in correction Industry Group Industry Group Rank (1 to 197) 31 FUNDAMENTAL PERFORMANCE FOR JBSS Current Earnings EPS Due Date 04/25/2016 EPS Rating 97 EPS % Chg (Last Qtr) 43% Last 3 Qtrs Avg EPS Growth 34% # Qtrs of EPS...

reversalradar

I see this coming back to prev resistance at 24.00

reversalradar

But prices on trend line, prev resistance, and breakout

reversalradar

Buy point found by taking symmetrical parallelogram of previous downtrend resistance intersects with new trend line support. which is also prev resistance of the consolidation outside of the old downtrend line.

reversalradar

If the SPX breaks these levels, the markets will roll over, it's been a nice run but the market is due for bears.

reversalradar

I don't know what is going on in NHTC to be honest I didn't have time to look, but I saw numbers Id thought Id never see and just pulled up my level II and waited for the prices to seem to pause at that happened at 23.00. I took 100 shares, then put a stop in for 23.50 to add 100 more, when it hit 24.50 came back to 23.00 and then went back to 23.50 again I added...

reversalradar

I would have bought here but the volume is too high and prices have fallen too fast. I think this has more consolidation to go through and it's too soon to jump in at 41 support. This stock has taken several weeks to repair itself once the 20day has been broken.

reversalradar

Technically, this would not qualify for a 3wk tight pattern. IBD sets the buy point at 123.47. However, IBD also has an advanced buying strategy buy point based on the break of the downward trend line of the left side of the base. The last 3 weeks have had tight closes after they have broken this trend line as they are less than 1% apart. Now seems to be a...

reversalradar

I bought the hourly breakout of todays highs at 28.30. It is at previous resistance at 27.88. This seems to be a good place to minimize risk, with less than 3% risk to position if selling at new lows of today.