nice little support at these levels, stock way oversold and my custom MACD is about to cross signal line. this could signal a nice entry
Since last earnings it hasn't been able to overcome the 9 and 20 day moving averages and has been shot down at the trendline every time. Moving averages are flattening a bit and with a couple more days of low volume consolidation can get it over the hump. $590-$600 would be the next logical target area above. If it loses steam and falls below $550 most likely...
Silly bulls, this burrito fell apart before the E Coli scares. Stick with the trend until it's broken...
3-30 Another name that's broken it uptrend to the downside. Now? Its all about a snap back rally bear channel to form when it comes to shorting this issue and not until. We've got some Fibonacci retracement zones to help guide us and some overhead supply in the $64 zone. Lets see what it looks like when and IF we get there. These are not recommendations, Trade...
Potential Island Reversal on the daily. Strong gap. Edge is neutral
11-6 Does everyone know what a rising bearish wedge looks like while its building? You are looking at one in the process of being built. For informational and educational purposes only. These are not recommendations, trade at your own risk.
Chipotle Mexican Grill formed bearish pattern called Cup&Handle with lower high (reversal candle) on 6th of October. Important level of support was at $649 and was broken yesterday with conviction. Combine it with $SPX break down of 200 EMA first time since long time and that is how you get in on the right side. Risk Management: ENTRY was at $649 break. After 3...