I feel Monsanto has legs till 120.8 before a reversal comes into picture, it's trading at upper bollinger bands, and the fib .236 level is @120.8 which could definitely mean some resistance.
possible target for next couple of weeks within the wedge?
On a trend line, looks like it could hit support at 28 before moving higher to 35+ prices.
1st level of resistance looks at 19.5 from .618 fib retracement.
Definitely broke previous resistance and have no real resistance till 129(.50 fibb) or 130. It looks like it can definitely reach atleast 129 in about 10 trading days.
is it time to move higher??
It's definitely moving up from the bottom of channel support and from a break of wedge. has got legs till 25+
I see a good support at .618 support level for S, don't see a downside from here. Should start moving up soon, atleast till .5 or .382 level.
Is it the hammer we were waiting for a long time in AAL, had a beating for a long time now, would look for a confirmation before entering specially in the current market situation.
MCD is in very interesting situation, at a very much defined support coming from a double top. A break of this current level towards the downside could bring 88's and possibly lower 80's for MCD
A break of 62-66 should move fslr towards upper trend line in the range of 80+ soon! Specially with the reversal on the earnings , it should be move there very soon provided the overall market behaves.
is this a cup and handle formation in place for PBR?
Technical seems to be favoring a lower pt after earnings.
DAL at a support level and at a lower trend line. could definitely go up till about $41 or maybe higher.
Poised to move higher? WIth a dojo at support , a breaking of wedge possible? Definitely think this thing goes higher!
Bottom of the channel? Move Higher?
a Doji with resistance just above the current close + peak of the channel. Either a breakout great breakout or price below 30 could be approaching soon. Monday's close would give a clear direction of the movement.