therancher

therancher Updated 

FYI I approached this with the target of 5% roi. Almost there, but I recognize this does has great momentum and strength and could easily jump into low to mid 32's. glta.

therancher Updated 

This is usually a bearish cue imo. See how tradin channel went from rising to leveling out now MACD has turned bearish once again. trade with caution.

therancher

NOTES ARE ON THE CHART. TRUST THE FIBS WITH SQ

therancher

Things are looking better for a short position in wti

therancher

I like AMD, but gotta face the music. There are some very critical things that need to happen for the expected earnings run up on a beat. Even if it beats by what AMD fanboys and fangirls think they may be so far down breaking even would be a gift. The reality is the MACD just turned south for AMD, Low Vol, and what looks to be a Hedge Fund Mgr's wet dream bull...

therancher

This looks very similar to the 3/27/2017 to 4/12/17 run up. Low volume coupled with strong price action is usually not something you want to chase imo. There are instances where this isn't a foreshadow of a pullback or correction, and this may be one and run straight to $55, but considering the external factors. I am not seeing it at the moment. GLTA.

therancher

Current position in SCO @ 35.23 pps represents 20% position on initiation. will add today.

therancher

Notes are on chart. glta

therancher

see notes on chart. glta

therancher

Notes are on graph. Have a good one

therancher Updated 

Here is a continuation. Ill add notes as time permits. This is what I see, but its only an opinion.

therancher

see notes, but I am bullish on SQ

therancher

updated chart, still bullish for swing trade as far out as 12 sessions, but bearish pennant and flag have formed imho. Current pps = 12.09 and will ride it a bit longer, with a stop at 12.09

therancher Updated 

I cant argue the facts that oil is in a bearish channel, but consider the draws as of late and the upcoming winter and draws in heating oil, it got me thinking is what im seeing what im seeing. I don't know. I think it isn't coincidence that the formation is there as we approach an area of consolidation of sorts imo. Itll be interesting. I can see this thing...

therancher Updated 

Chart says it all. went short at 13.12 down to low 12's. rebought at 12.09 and see price movement bullish in short term. As of today, a close above 12.55 on the retracement imho indicates retest of the 13.15/13.17 resistance level. Will be doing 4hr chart. at a quick glance it may be forming a nice cup and handle. Remember different time intervals tell different...

therancher

Notes are included on chart.

therancher

see chart, not to the letter for textbook standards for a bearish gartley, but acceptable imho.

therancher Updated 

I really like AMD and think its a great comapny, but me thinking its a great company along with the entire 75k stock twits people doesnt amount to jack. its in a bearish channel, and has had consecutive bearish pennants and flags since last earnings. I personally think institutional wants to see 11.80 before we make an new ath. The writing has been on the wall and...