williamlau1

williamlau1

I don't usually read much from daily patterns. This one is just for fun. It is going to break the lower bound of the sliding channel any time soon. But before that, it can temporarily go up a little bit.

williamlau1

Very sad that this is happening. It needs to find something to replace IPHONE in two years. Could Tim Cook make it?

williamlau1

America is done. America is going to be dumped.

williamlau1

The figure tells it all.

williamlau1

At least for a year's time, this stock is going to do well. Entry at any point between 45 and 50 is safe.

williamlau1

Small HS is formed during 2015. 2016 is set to be an important year whether a larger HS is going to be formed. If it does, it is not going to look good in the following years. $100 is an important threshold to watch.

williamlau1

Weekly MACD just crossed. RSI in the middle range and going upwards. It will be a dumb to sell at this time.

williamlau1

very clear from the chart. no more explanation needed.

williamlau1

After three days of short covering, it reaches the highest spot in the coming at least 12 month. It will be trading roughly between the two red lines, 59 to 67. It is an end of era.

williamlau1

Bulls not getting too excited yet. Still needs time to find the bottom. IWM is stuck in this down tunnel. Two institutional selling off days in previous week. 1st level of support 115.5. 2nd level of support 114.2.

williamlau1

MACD downwards, previous support broken, RSI week. If you still holding any longs, $SPY, $QQQ, the first thing you should do on Monday morning is SELL!

williamlau1

Get in before you still can.

williamlau1

$CTRP gap needs to be better filled (although it got filled some today). Previous breakout point needs to be retested (52.5 area). The next breakout stage would happen probably in three weeks from now. This is still a very bullish pick. This conjecture is based on my guessing that market will be in a one to two weeks' correction, starting from next week. If the...

williamlau1

$GDX today's action completely rejected yesterday's drop. Should be no one shorting from this point. It is at the door of the resistance. The next target is 28.36. I am having a heavy steak on this one. Tomorrow should be gap up.

williamlau1

As I expected a few days earlier, SPY is going to get some correction. And I think now it is coming. I think it will meet 10 MA and 50 MA, at least. But I am really not sure whether it will go back to test ATH in one week time. I need some ideas guys, any idea to discuss.

williamlau1

If it holds the 50 region, it is very very bullish. If it falls back to 46 region, it is still very bullish. I am long as long as it stays above 200 MA.

williamlau1

This baby always looks so beautiful.

williamlau1

GDX to retreat to for the RS of IHS at point b. Target time is in 2 weeks