WWE is Now at a CrossroadsFor detailed commentary and analysis, see our blog post published 9/15/14: www.syncubate.com
WWE is now up over $3 a share since we initially looked at it in early July. The $16 level is resistance overhead that the bulls may struggle to overcome moving forward.
Historically, the $16 level has been resistance going back to the Summer of 2010.
See our blog for more in depth analyses on stocks and trading: www.syncubate.com
Gapfill
27.5% Return setup in next few weeks in ECOMReversal Confirmation to come monday, but looks good for a move back to R1 in the gap at $21 in the very near term. 27% return setup.
$PVCT Gap Fill TradeFollowing 2 green days and the overall market strength; I still see room for continuation. I will be watching for a gap up or strong open to break the $ 1.16 - $ 1.20 area. If it holds above $ 1.20 after a test for support on strong volume; I think we see a push for a gap fill to the $ 2.00 area.
$DRL Gap Fill TradeFollowing the breakout on news today I will be watching for a gap up or strong open that breaks the previous resistance level of 7.91 and through 8.00. This is provided that it holds above 8.00( I would like to see a break and retest of 8.00 ideally due to shorts targeting the stock for an over and under 8.00 or any strong opening move)
If we squeeze shorts and hold above 8.00; this should signal continuation and a gap fill towards target area of 9.61.
As always use technical signals for entry.
Good luck!
Bear FlaggingThese Bear Flags easily trap retailers in these low volume flags just before Bears attack again. Let's see if this flag cracks tomorrow, could spill a lot of blood as it could attempt to fill that gap from March.
