Here is what I believe is happening.
IPG is in a cup and handle pattern, under going the handle at the moment.
1. its currently short term over sold
2. handle formation has retraced 30% of the cup (so far)
3. price appears to take support on previous upper trend resistance (valid if price does not break through and close below).
4. above average volume
5....
1. the stock is short term very over sold in bullish territory
2. 50% retracement
3. massive buy print on the stock volume
4. if the above means anything with good earnings the stock might go up to 13.5 - 14.
5. the only thing that looks worrysome is the stock performed a 12345 Elliot wave. so if the buyer outlook turns out weak 1,2,3 4 means nothing.
Here is what I think is happening.
AMAG is in a cup and handle pattern, with the initial handle under formation.
1. Its currently short term over sold.
2. gradual reduction in volume over the last few days since the rebound, though I would like the volume drop further.
3. price might be in the range between 24-25, if the bullish trend continues..
- cheers
Scorp
a good possibility if the earnings report turn out poor. just a possibility.
if the price breaks 11.7, then I think this trend could take shape.
- cheers
Scorp
Here is what I believe is happening.
DDS is in a cup and handle pattern, with the initial handle under formation.
1. Its currently short term over sold, but now quiet there. the recent bullish surge was very strong and reason to drop down further seems to get harder.
2. Initial Handle formation is in the process. It may be up to 30% of the cup and take...
Here is what I think is happening.
KMX is in a nested H&S pattern, currently undergoing the engulfing H&S
1. Its currently in short term over bought, though I believe there is a little bit more for the price to move up. I could be wrong and the 63.00 price is the resistance that it has hit and continue the down trend .
2. the stock seems to stick to...
Here is what I think is happening.
MTW is in a inverted cup and handle pattern, with the initial handle under formation (or perhaps a bigger cup is in formation).
1. Its currently in the process of short term over bought, not quiet there yet based on OBOS levels. I could be wrong and the 30.00 price is the resistance that it has hit and continue the down...
This is what I believe is happening,
over all CBZ may have an good long term growth. but for a very short time frame it appears to relax it self.
1. CBZ has been oscillating between its upper and lower trend lines for a while, until recently it spiked through the upper trend line.
2. CBZ is showing divergence between its price and Stoch.
3. gradual reduction...
Here is what I believe is happening.
SON is in a inv cup and handle pattern, with the initial handle under formation.
1. Its currently short term over bought
2. Initial Handle formation is in the process. It may be up to 30% of the cup and hit resistance at 50.00, though currently the stock seems to stabilize the current price.
3. currently the volume...
this is what I think is happening.
KT has already completed the H&S pattern and is continuing its bearish trend.
1. stock has reached its short term over bought condition
2. the price may continue its upward motion till it reaches 13.9 - 14.0, just about retracing 30% of its previous trend and also a previous strong support price range.
3. the price may...
Here is what I believe is happening.
CRNT 0.00%is in a cup and handle pattern, with the initial handle under formation.
1. Its currently short term over sold
2. Initial Handle formation is in the process. It may be up to 30% of the cup and take support at 2.60.
3. Because of heavy bearish volume today and over the past few days, I believe further drop in...
