tuek

tuek

APPL has been consolidating for some time. Not expected to become a triple, but not 100% sure (follow red arrow). However better probability is to turn back and break out of the upper trendline.

tuek

Triangle is broken for more down side.

tuek

Not much to say here. Consolidation before the start of uptrend (hopefully !!!). A break below the lower trendline means change in the direction - downtrend will resume. But chances of further downside are small.

tuek Updated 

APPL is about to complete one complete wave cycle that started around April 2003 . Currently its in the correction mode that may continue for about six months or may be whole year. Previously, wave (2) retreated 68.3 % of wave one and the upward trend resumed. The third wave (3) was an extended wave with 361.8% movement of wave (1). The fourth correction wave...

tuek

GRPO is ready to break out of the upper channel. The price is consolidating for the last two weeks or so. It tried to do the same in October but failed miserably. If it succeed this time expect consolidation above the channel line after break out and then upward movement.

tuek

Once it breaches the inner channel, it will bounce to 27 - 28 where it will face some resistance.

tuek

KMI expected to visit 10.5 area before resuming upward movement.

tuek

This is true for daily, weekly, and montly time frames...

tuek

must break past the yellow box... if goes below 2.98, first stop is 2.43 area and then 1.32 area...

tuek

very large resistance area... if breaks 2.98, it will do down a lot...

tuek

Looks like tomorrow's result will make the decision... If it goes down then gap will be filled.

tuek

Lot of resistance in this price range. I am trying to learn technical analysis, so your comments and insights will be very useful. Thanks.

tuek

SPY overcome R1 and R2 but not R3.