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Stock is near all time lows and probably will make new lows soon. Small chance it tries to test the upper trendline first, in which case I would stop out of the trade above 7.75. Like CLSD, I would not short this outright, but buy the Jan19 12.5 puts.

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Really like this chart. Monthly looks great. Once it breaks above the horizontal line, I expect it will move fast. I'll be buying down to 38 level.

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Seems to me like the shooting star looking candle failed to break above resistance. I am probably going to buy the Feb19 $11 or $12 puts.

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Comments on chart. Stock basically looks week on all time frames. The upper dotted line is price resistance from back in 2016.

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My average price on this is 76.49, so I'm down a little currently, but I think it finally might be ready to move higher.

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This rotation into XRT from tech, seems like a bad sign to me. Institutions getting defensive? Nevertheless, I don't expect it to move much higher. I could be wrong...

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Info on Chart. Partial purchases at first, but I will be adding as long as the price stays above lower rising trendline.

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MYL price has been consolidating for awhile. Monthly chart indicates this consolidation period may be ending.

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MD had a nice bounce after last earnings and has since been consolidating. Good chance it soon tries to break above upper trendline.

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I don't know if I'll trade this, but I thought I'd record my thoughts anyway. Daily chart, at least, looks like it's due for at least a minor pullback.

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MAS will probably break below the solid green line to confirm a head & shoulders top. Target is 6-7 points lower; I'm looking at the 200SMA which coincides with prior resistance years ago.

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Stocks that seem to refuse the opportunity to move lower, psychologically wear out shorts and bring in longs. With two months of slow strengthening, I think this is the case with CMI.

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ADS has very strong hourly chart, so I believe this should be a quick trade. Momentum is also strong on daily and weekly time frames, so high probability price can reach 23.6% fib-fan level seems high. 245.5-246 level also coincides with weekly 200 day MA.

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PDCO is basing nicely on the daily chart and looks oversold on the monthly. It has a 4.5% dividend and a gap to fill around 28.

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Looking for a little support at Target-1 area. But I think within the next 40 days, it should also drop to the lower Target-2 area. Initial stop is above the diagonal trend line.

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Weekly Chart of IBM and my estimated trajectory. 4% dividend. First target around 160, and repurchase on a pullback around 150 for move above channel.

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Monthly chart showing exhaustion. But this is just a quick trade for about $1.50.

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Looking to profit from high IV on September puts. This is probably a risky trade, but has high reward potential. I got a .20 credit on entering it today. Details on chart.