Price-entry: $69.33 Price-target: $60.09 Stop-loss: $74.71 Position: Short This head and shoulders pattern has been forming since mid September. It is serving as a reversal top. The price went under the 200 SMA last month in January for the first time in more than 10 months. The 200 SMA has made a death cross with the 20 SMA. Based on the MAs the stock's future...
Entry-price: $5.22 Price Target: $4.82 Stop-loss: $5.48 Position: short Here were looking at a double top pattern which has already been confirmed(black circle). I identified this pattern a bit late leaving me with not a very good risk to reward ratio but, there are various reasons for I would still enter this trade. Around the second top of the double top...
Price entry: $24.76 Price target $21.43 Stop-loss: $27.08 This price action is much more choppy than that of $TWTC but it still shows a pretty clear Head and Shoulders Pattern. This pattern has already been confirmed due to a bounce in January and then all the following down days. Both the 50 and 200 SMA have formed a death cross which gives a bearish signal. I...
Price Entry: $28.21 Price Target: $24.50 Stop-loss: $29.36 My current price entry is not ideal, an ideal price entry for this pattern would be after a break through the neckline and then a bounce proving the neckline as new resistance. But, price looks pretty bearish, it had huge volume on the sharp down day of yesterday. Price has gone under the 200 SMA...
This stock has tanked as well. I believe that this stock is due for a pullback due to its price being over the 200 SMA and the S2 pivot point. My price entry would be at the neckline once the pattern has been confirmed. Price target is at $29.23 where the 76.4% fib level is located. Stop-loss is located under the previous highs at a previous support level. For...
We are seeing a double top pattern in formation. There still has to be confirmation for it to be complete. This stock might continue tanking but I would not take my chances. The double top pattern once confirmed is very accurate but without confirmation its pretty risky and the probabilities for failure are high. The stock price is under the 200 SMA for the first...
Would enter the stock at the next pullback. Stock probably will go down since it's at an R1 pivot point. Pattern is almost complete, waiting for a pullback. Price target would be around $60, this is more of a long-term play.
Nice descending triangle reversal pattern. Pattern broke through the upper line with a gapu up and very high volume. The pattern was confirmed a couple of days ago when the stock made a pullback, Price is just over the pivot point but under the 23.6% fib line Price target is around the 38.2% fib line at $19.34. If stock price would go down, stop-loss has been...
Head and shoulders pattern waiting for confirmation. If this breaks out, there's no stopping this stock. Head and shoulders reveral pattern once confirmed has a VERY high accuracy. Stock is trading just over the 50% fib line and the neckline of the pattern. Price Target would be around the 76.4% fib line $18.67. Stop-loss would be just over the 38.2% fib line at...
Price-target: $20.00 Stop-loss: $17.74 Peabody Energy began its current uptrend in July, 2013. The lower trend-line has been confirmed various times, each time the price reached this line it bounced back upwards. The price is just over a support level. Today’s volume was lower than friday’s which is a bullish signal, decreasing price with decreasing volume...
Price Entry: $55.68 Stop-loss: $52.91 Price Target: 60.20 This week might be a deciding factor on the future of FSLR. This stock is currently just over the S1 Pivot Point and the 54% fib line. From December 5 to December 12 the stock tanked 12% on lowering volume. This shows that everyday there was less selling pressure which gives us a bullish sign. After these...
After a huge downtrend, Intel began its recovery in October 2012. It has kept a constant pace at moderate price increases. An ascending triangle has formed. The price is just under the pivot point but above the 50% fib line. It is under both the 20 and 50 SMA but over the 200 SMA. I would buy the stock as it is now. There is a nice opportunity to take a 6% gain...
A couple of days ago I was still skeptical to trade Ford. The stock price was just over its resistance level and I had a feeling that it would drop back again. It proved out to be a false breakout. I expect this stock to breakout this time given that an ascending triangle pattern is present. After this I expect it to continue its upwards direction. Price...
Price Target: $38 Ascending triangle pattern(bullish). The trendline has been tested various times and has not been broken. Right now the price just bounced of a fib line and I expect to keep its upwards momentum. The MA's and the MACD do not give very bullish signals but I believe this will correct itself in a couple of days. The Parabolic SAR gives a buy...
Price target: $19 Stop-loss: $16.50 Ascending triangle is almost complete. Parabolic SAR gives the buy signal. Price is over 20, 50 and 200 SMA's. MACD has an upwards slope. Price is not very far away from the 200 SMA meaning it has alot more potential to go up. I put my price target at $19 because that is the around the price that the stock peaked in 2011. I see...
Price Target: $540 Stop-loss: $485 The stock reached its 52 week low in April. Since then the stock has made a huge turn and has begun an uptrend. The release of the new Iphone's made the price go down about 10% but the stock has already recovered and continued its bullish trend. The Parabolic SAR indicates a buy signal and the MA's are about the make a golden...
Here we can see a downwards channel that began in July. The price is currently at the upper channel line and just over a fib resistance level. I suppose the stock will drop from its current price until it reaches the lower channel line. Recently as the price would up, the volume would continue to go down. Also the RSI is reaching 70 which indicates that the stock...
This uptrend started in May and has held since.The 50 SMA is serving as support for the price. I believe the stock will return to the support line soon because these last three days the stock has gone up with lowering volume. The parabolic SAR also indicates that the stock is overbought. I would enter this stock at the support trendline. This stock looks...