Weak Support & a fall to taste for PIDIliteWeak Support Strong point of entry below the zone and small SL.
THUS very lucrative entry point.
Industrial
DJI next possible movesA daily vision makes possible a retest of 21,600 points. Then, perhaps, another move upside. Come November, perhaps another all time high.
Dow Jones Industrial triple year reversalThis chart is showing that it is the 1st year ever that the famous index price movement range in engulfing the previous 3 years range.
This illustrates well the incredible volatility that we have seen so far this year.
Also notice the important range expansion shown (recent years have seen increasingly large range), often a preceding condition of important market tops (even though this might only come in a few years I believe).
Fortress Transportation (FTAI) short.All description on the chart.
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AMAT MA MACD Histogram just turned positiveA buy signal is generated.This is a Bullish indicator signaling AMAT's price could rise from here. Traders may explore going long the stock or buying call options. I identified 40 similar cases where AMAT's MACD histogram became positive, and 34 of them led to successful outcomes. Odds of Success: 85%.
American Airlines $AALThere was super volume yesterday which will move the stock up its first target price.
12 months Consensus Price Target: $16.88
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, always rely on your own knowledge.
Thx
Next leader in Thai stock marketFinancial sector is leading the market at the moment but petrolium within industrials is also showing signs of strength. $BCT stock is in a buy zone:
1) Relative strength curving up on daily and weekly - potential outperformance
2) RSI in buy zone
3) Massive falling wedge approaching its apex, watching breakout today
4) Volume signature shows the presence of buyers.
Long Friday open.
Spirit Airlines $SAVE$SAVE is still in bearish side and after it formed an unconfirmed cup, now it is looking for its direction. Breaking below $7.25 will confirm the cup w handle,inverted. There is a positive divergence which is a signal for upward. However, there are 20SMA (red one) and 50SMA ahed will work as the resistances.
I would wait to get above $18.68 to be long.
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ANCOM-Adakah sedang ambil nafas untuk rebound?Kaunter ANCOM dari sektor Industrial Product & Services dengan aktiviti utama dalam sub sektor bahan kimia (chemical).
Dari segi FA, rating adalah neutral.
P/E Ratio: 20.63
ROE (%): 2.53
NTA (RM): 1.380
Dari segi TA, kaunter sedang uptrend dan berada di atas garisan MA20 (short term), MA50 (medium term) dan MA200 (long term).
Dari chart, nampak price sedang pullback dan berkemungkinan untuk rebound. Entry boleh consider pakai strategi Buy on Dip (BOD).
Support: 0.700
Resistance 1: 0.735
Resistance 2:0.770 (52 weeks high)
Bottom Here or $1.45 (GE)This one could get fun.
General Electric Company is a global digital industrial company. The Company's products and services range from aircraft engines, power generation, and oil and gas production equipment to medical imaging, financing and industrial products.
Dow Jones Industrial Death Cross Imminent The last time we had a death cross was December 2018. The previous death cross before that was January 2016. Go back in time and look at the charts. Both times the DJI dropped for approximately 5 more days and then started going back up. I expect the same thing to happen after this death cross.
JSE:STXIND Industrial Index Breaking StructureThe JSE Industrial Index has broken below the lows of the distribution trading range. Some support could be found at 5500 but after a backup to the trading range, the markdown should begin in earnest. The Industrial Index is stronger than the Top 40 index and the decline in this sector is slower than the rest of the stocks.
Here is a sell setup in Monadelphous Group $MNDThe stock is trading below all three moving averages and below the trendline.
Technical indicators are showing bears is still in control.
We are very likely to break that critical support line (yellow line) when we do, more downside to come.
I will not be holding this stock right now.
FMC BUYBuy signal at 93.47 $
Timeframe - 1 week.
I missed this signal, and I didn't go for this signal, but let it be in this profile.
FMC Corporation is a diversified chemical company serving agricultural, consumer and industrial markets. The Company operates in three business segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium.
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You can use the signals independently or like indicator of trends together with other indicators in your trading strategy.
Know that the success of your strategy that based on those signals depends from your money management and the additional conditions that you make in these strategies.
You use these signals inside your strategies at your own risk.
The chart shows the last trades on the product + the last signal.
I have several strategies for different products, and I want to show you proof of it works on history, and you will be able to see it, when returns to that profile.
Therefore, subscribe and watch for that profile.
FMC Take-ProfitSell signal at 99.05 $
Timeframe - 1 week.
FMC Corporation is a diversified chemical company serving agricultural, consumer and industrial markets. The Company operates in three business segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium.
__________________________________________________________________________
You can use the signals independently or like indicator of trends together with other indicators in your trading strategy.
Know that the success of your strategy that based on those signals depends from your money management and the additional conditions that you make in these strategies.
You use these signals inside your strategies at your own risk.
The chart shows the last trades on the product + the last signal.
I have several strategies for different products, and I want to show you proof of it works on history, and you will be able to see it, when returns to that profile.
Therefore, subscribe and watch for that profile.
Possible breakout of downtrend in Danish cable company RoblonThis stock has shown strength the last weeks and seems to be ready to break out of the downtrend. If we see the price go trough the black resistance line and have a continuation as shown with the arrows (retracement and then further up), I would be a buyer in 187 DKK.
PLUG - Clear Skies Plug has some exciting news coming up. First is their earnings, and second is YTD performance, and lastly, is new partnerships. Plug is one of the fastest growing investments in their sector. Clean energy is the future
Target $3.45 - $4.00
Congrats to Subscribers! Fastenal up over 15%It is very easy to read price action if you have a reference point. These support/resistance lines are there to help you read where the buyers and sellers are likely to make a stand.
MasterChartsTrading Price Action Indicators show good price levels to enter or exit a trade.
The Blue indicator line serves as a Bullish Trend setter.
If your instrument closes above the Blue line, we think about going Long (buying).
For commodities and Forex, when your trading instrument closes below the Red line, we think about Shorting (selling).
For Stocks, I prefer to use the Yellow line as my Bearish Trend setter (on Daily charts ).
Be sure to hit that Follow button! Please find me on social networks via the link on my profile page for more ideas from MasterCharts!
parabolic move incoming on ZKINthis thing is going to go up 5+ on earnings and technicals... low float with 7 mill OS.. weekly bollinger bands says this is going to blow up with bullish divergence on MACD..
Historical Analysis of the DIAHistorical Analysis and Monthly Chart :
The DIA showing Strong Major Bull Trednd with serveral interaction with the Return Line (RL).
Note the Pick in Momentum since February 2016 (or B3), the next Major bottom made above the Major Trend Line (MUT), and therfore showing the failure of the Bears to take the price downward.
But, we dont see strong sign of buyers either.
The DIA is inside big Consolidation that lasted for almost 2 years (since Oct 17).
Weekly Chart :
The Resistance Area between 265.88 - 267.53 Established in Jan 2018, the second attempt to go above that level accured 1 year ago (Sep 2018) and the reaction was very violent and took the price to far down levels.
Since then the price hit the Resistance Area 3 Times :
1) April 2019 - the price got into resistance reaction and made New High Bottom.
2) June 2019 - the price go through the Resistance Area, Failed to continue, and made new higher bottom bellow that level.
3) September 2019 (these days) - the price close above the area last week, but with relatively low volume.
We need to keep an eye on the price this week and look for the power of the buyers, how far they can take the price up (if any).
Notice also the Volume Activity in the Consolidation Area - Pickup on down moves, and diminsh on the Rallies - weakness .
Daily Chart :
The Daily chart does not give us alot of new information.
But we can see the Trading Zone (sort of Rectangle), and the price movement above it.
The Minor picture is Bullish.
Conclusion :
Since B4, the overall picture looks positive.
But the Key for understanding the coming moves relly on the reaction to the Resistance Area, and the examination of the Bulls Power.
Any High Volume Bullish Activity above the Resistance Area, can take us again to the Return Line (RL).
If we will see Second Failure on the Resistance Zone,we need to examine the power of the Beats, and the next areas to look for are the bottom of the trading zone, and B4.1.
If the Bears will act Aggresivley and take the price bellow B4.1, the picture is very negative and the next level is the MUT.
You should keep an eye on the Industrial ETFNote the Rectangle Pattern on the daily Timeframe :
The price heading toward the Supply line (Resistance) for the 3rd attempt.
Note the Volume Pick on the Demand line Reaction (Support), note also the 2 Bottoms that formed before the last Rally,
The price is still above the MUT (Major Trend Line), and the overall picture is positive.
In a case of Rectangle Up Penetration, Im looking for long above the resistance of 80.07.
SELL THE NEWS EVENT! FED TO CUT ONLY 25%Fed will cut rates by only 25% on Wednesday and will be a sell the news event. Expect the Dow Index to retest previous resistance around 26,550. We are also on a 9 Weekly come Monday on the Tom Demark Sequential system, so expect next Monday to start a 1 to 4 week correction, then HIGHER. SHORT THE FALL , BUT BUY THE DIP! STOCKS ARE GOING TO GO HIGHER TO NEW HIGHS. Viva endless money printing!
