They recently agreed to acquire a Mexican style restaurant for £7 mil. With inflation expected to go slightly higher than current levels, consumer spending will definitely go down. Despite this I expect bulls to come in and support the share and catapult it higher from these levels its currently trading at. We are currently close to the all time lows and price...
Looing to play the bounce from the trend line and drive higher to that previous high. Good R again of 3.43.
Looking for a bearish continuation from todays bearish candle to target that previous support. Should get a good R-3.59
Looks bearish, drawing in bids in a rising channel. Looking to sell a break out of that channel for a drop to 32600. Trade should yield an R of 3.
Just sold market on retreat to test the breakout zone from the triangle. . .looks like it was bear market rally?
Was looking for shorts close to the trendline and now looks appropriate. The trend of lower highs was set by the trend line and target at about 162.00 zone. R multiple 4
I looks like we are finally seeing a turnaround on Eckert. . .Did a piece on this stock, the fundamentals are are nothing short phenomenal and I was just waiting for a turn around and it happened last week. Expect to hit 1st profit target at 90 with an R @ 3.69.
Looking for push down on opening to the 170 zone. Then looking for rejection from that zone on 5min or 15min. . . same as Carnival trade day trade that can turn swing.
Carnival looking ripe for a lucrative daytrade from that 9.60 zone.. At the open if we dip Il buy it at that zone but if we have good volume on 5 min candle as well without dipping il buy again....Could be a good R.
It looked like a double top bearish formation going to completion but I don't see that anymore. I m looking at a strong dollar for the next month to to price all the way up to 1.0000 zone. Reverse trend line bounce good stimulus for the move.
Another corrective move for a commodity. Look for a retest of that blue zone with an R of 3. Buy stop@ 5.674
Remain bullish on oil with Friday's bullish candle bouncing from a short term bullish trendline. Entry buy stop 108.95 and target is previous swing high. R multiple is 2.6
Looking for a temporary relief on the SnP up to that blue zone 4200 area. . .I want to see price test that zone again before it plunges again. So taking a buy stop slightly above Friday's close ad stop just below as shown.
Now flipping the position to a buy. . Want to see a pullback to the blue zone. . .Then from there will flip it again to a sell. So medium term say over the next quarter I am bearish gold but for the short term next 2 weeks or so I am looking for that correction to that zone. The entry is a buy limit, so want a small down movement to take me in the trade. The risk...
Could be we are seeing the slow down of the Yen woes. Targeting the previous swing low zone around 132 zone.
I remain bullish and love the small bounce from that support zone. . .looking for further upside to target the 1.3700 zone.
Dips keep getting bough and the momentum keeps pushing up so I will get on the bandwagon.. The stop ideally should be lower but will settle for that and slightly decrease my normal R which by the way should be 3.3 if it works out all the way.