I'm about to call a classical Triple Top. Volume declines, momentum declines. IF(!) 8600 will be rejected and we will brake support it will be confirmed. Target 6700. Stay tuned
I mean... It's hard to belive, but I see what I see. According to this, it will test area between 8600-8950, hit 4H Ichi and come back to the downtred.
While it definatly about to jumpbriefly, but it's only to hit 1H Ichi and come back to the previouse trend
Another flag just was broken. Target is around 7600-7700
If H&S that forming will fail, we have a "plan B". It's too similar to ignore it. Look at 4H Ichi for the short signal
Triangle is forming. Continuation of the downtrend is more possible, however, the upper target of the triangle at the neckline oh the previous large H&S and 50% Fib. Should be interesting. Wait for the breakout
Triangle is forming. Continuation of the downtrend is more possible, however, the upper target of the triangle at the neckline oh the previous large H&S and 50% Fib. Should be interesting. Wait for the breakout
BLUF: PLFX will be making some huge PR notification in July as Jordan Fiksenbaum establishes his position as the CEO and Pulse Evolution takes on Las Vegas with its holographic live performances. Expect move up to QB then big boards. PLFX CC June 22, 2017 Caveat – finances, expenses cab be different when audited – GAAP or non—GAAP Revenue activity has...
CC seems breaking down from longer term upward channel. It has a lot of insider selling, and P/E ratio of 72.33, where Debt to Equity is very high 10.06. We think it has good down-side potential. * Trade Criteria * Date First Found- June 6, 2017 Pattern/Why- Fallen angel pattern Entry Target Criteria- Break of $38.13 Exit Target Criteria- $30.74 Stop Loss...
Cocoa has taken a beating recently. It looks like we are starting to see people jumping in to catch the knife. Im stalking my prey like a lion, waiting for the time to strike. Maybe next 2 weeks.
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... 44 COMMODITIES (2016 Yearly Performance) from Chicago, New York & London @ drive.google.com Best regards Aaron
Here's my "short list" for covered call candidates for next week generated by looking at Barcharts.com high volatility stock options list and the Dough grid: WLL buy shares at 7.66; sell Sept 16th 8 call; 7.10 debit; $90 max profit (12.7% ROC) CC buy shares at 11.45; sell Sept 16th 12 call; 10.78 debit; $122 max profit (10.6% ROC) LC buy shares at 5.40; sell Oct...
Pro Long: - Trend line provided massive support (dark red line) - High volume at support and during the rally - future spreads very strong (N16-U16 turned into backwardation) - If we close positive today 7 MA will cross 20 MA generating buy signal Contra Long: - running into resistance on middle Bollinger Band (20 day MA) I sold the 2900 puts last week as a...
Buy signal on RSI and Stochastik accompanied with a ascending support line provides good entry point for a long position. via Short puts or short put spread out in Sep16 delivery month. Expect sideways action then upside targets would be 9 day MA around 3000 and 20 day MA at 3100 (both sloping down, so expect more sideways before a rise
I have been neutral on CC for the past few weeks, but something is brewing. I favor a break towards the upside for following reasons IMHO: 1. Support area; failed to break to downside; 2. Broke out of downtrend. 3. Future spreads went back in backwardation 4. Buy signals on RSI and Stochastik 5. Bollinger Bands are very tight