NYSE:GM was driven down way below its fundamentals by panicky retail. It is now back up into its fundamental level, well ahead of the Fall Rally. The fast recovery indicates that the selling was not aligned with fundamentals. Auto sales have an annual cycle with the highest number of sales in the final quarter of each year.
I hope that this holiday season will be a time of reflection for all of us, where we can appreciate the successes and learn from the challenges of the past year. Let's take this opportunity to set our intentions for the coming year, to focus on growth, resilience, and continued dedication to mastering the art of trading. Let's foster a sense of community and...
Luxury fashion brands are popular for speculation heading into the holidays. With a few points to the bottom completion resistance, NYSE:TPR has a swing trading entry signal, 2 in a row now. Resting days that create a narrow consolidation can be powerful momentum-building patterns for short-term trading. Swing trading, rather than day trading, these setups...
A very good breakout has been done in wonderla holidays with the support of RSI Buy it at 361 Target 375 384 396 420 Sl 331
ROKU is a good example of a high-risk sell short. The HFT gap was reversed the same day. You are looking at a Dark Pool BUY ZONE. Accumulation/Distribution confirms a shift of sentiment even as this stock turns down at a bottoming resistance level which is NORMAL and expected. The company reports earnings for the holiday season in mid February. This makes for a...
China stocks are entering an exciting earning season combined with the upcoming major holidays. NYSE:BABA testing the 70s range and bouncing of March 22 lows. The political pressure, production shortages, and raise of materials have been dragging NYSE:BABA lower and lower. Optimistically recovering to the 110-130 range in the next 6 months is a very likely...
Whats up Traders, All of the explanation is on the chart.. . Retail Economic Data coming into play on this one majorly. We are looking for a breakthrough of the descending wedge pattern Looking for continued retail sales growth next month also.