EVHC bear cave next few daysAgain, most indicators are leading to a correction; I'm going short.
With the recently tested 23.66 resistance, plus the blue downward-slopping warning line from the pitchfork, I'm guessing the price action in the next few days won't go above the 23.66 price point.
The hourly and daily lower indicators (macd, rsi, cci, slow stoch) are all showing a possible correction in the near future. I'm guessing till the start of May.
I'm noting the first reaction line is around that end time point, so it might reverse soon thereafter.
Macd-v
INUV Pennystock bullish next few daysOver the next few days I see a reach for the .5 Fibonacci level (1.90), or the Pitchfan line; whichever comes first.
Heavy support from at 1.80 from longterm fibonacci level.
I believe the overall trend is still bear for this penny stock, but for the interim its bull.
NNA bull and shortDaily indicators are showing strong bearish signs.
Hourly and minute indicators are showing the opposite. I'm therefore assuming a bull will be loose for the next two days (maybe three), then it will break for the median and lower support levels.
INFY IS FORMING 30 MIN CHANNELINFY IS FORMING A CHANNEL ON 30 MIN CHART. MACD IS CONSOLIDATING WE MAY SEE A BOOM MOVE
SKX ShortPrice action is conforming to theories on pitchforks, Fibonacci arcs and retractment. All this plus lower indicators are all spelling out immediate action in the next few days to consolidate after that last jump.
ING Bear'ingNot much into harmonic theory, but this is a clear AB=CD pattern.
Strong correlation between price action and downwards pitchfork.
RSI, Stochastic, CCI, and MACD are showing signs of retreating from their overvalued status.
ING going down In short, the next few days will be in a bearish or sideways move. I'm predicting a strong correction to the median line in the next week or so
Weekly nice RR alert. 1.Daily MACD hidden divergence and zoomed to H4 MACD hidden divergence.
2. HH, HL formation.
3. RSI is Overbought.
4. 50% Fibonacci Retracement.
5. Strong daily resistance zone.
SKX Upwards to 30.75 next 35 daysSynopsis:
RSI, Stoch, MACD all point to up trend. (Strong signal)
Fibonacci confirms strong levels of support (26.70) and Resistance
Pitchfork showing downward and sideways trend, with price on the median.
Fib arcs show upcoming resistance zones (counting one we just entered)
I labeled the action reaction lines to help better understand what I was and am measuring to.
Expectations (Long):
4/11: Upwards following 1.618 underarc. some resistance at 0.236 arc
4/12: minor sideways and down movement along 0.236 arc, moving towards pitchfork median
4/13-14: moves up to 0.382 arc
4/15: Moves up towards 0.786 fib resistance line, .5 fib arc intersept
4/18: moves upwards to Reaction Line 2:1, Fib spiral, and .618 fib resistance level.
4/19-21: retraces to 0.786 fib support
4/22+: Upwards past 0.5 fib resistance, back towards Reaction Line 2:1 resistance
Bull/Bear CRC(Oil) DependsStrong signs of upward mobility, strong indicators of bear territory.
Andrews Pitchfork Downward over the long term.
RSI, CCI, Stochastic are showing reversal from bull to bear.
Schiffs Pitchfork touch on the median, showing clear reversal over the next day or so.
Touch on the 2.09-2.20 resistance region.
Upper resistance at 0.618 pitchfan level.
Upwards Schiff's pitchfork.
Fin Spiral is much further off to show reversal (if it's any confidence, i'm doubtful)
Lower support at 1.81-1.75 region.
Lower inclined support from 0.5 on the pitchfan.
My dataminer is stating bull, but i'm only seeing bear (next 3 dMy data miner is showing high probability, based on last 20 years, of VOD going up
Longterm neutral Andrew's Pitchfork at roughly 33.50;
Shortterm schiff's pitchfork bullish (and below price action);
Showing strong support/resistance at fibonacci levels
ActionReaction showing a downtrend yet realized that should end around 4/22.
Fib Arcs showing strength by trends; both showing downward arc resistance.
All Bear news on MACD, Stoch, and CCI.
Let me know your thoughts
EURGBP, Long based on EMA, RSI, Fibonacci and MACD, 4h chartEURGBP Has had a retracement form the current uptrend, and has seemed to flatten out, which is a sign of reversal. The point where the price has flattened out is at fibonacci 38,2, as well as between EMA 100 and EMA 200. The price has respected these EMAs multiple times earlier.
MACD are starting to show bullish signs, as well as RSI is struggling near oversold zone, on a support where it usually has been rejected.
Will be using Fibonacci 38.2 and 50 for entries, with previous top as TP. Level below EMA 200 will be SL.
Enter at market:
Entry: around 0.794
SL 0.785
TP 0.81
Order:
Entry: 0.789
SL: 0.785
TP: 0.81
Long trade w/ 4 entries, NZDUSD 4hNZDUSD is trending up, with EMA 25/50/100/200 showing uptrend, as well as RSI trending up, MACD having a reduction of short pressure and SM is trending up with higher tops and higher lows. As such I will enter one position at .696, as well as a three orders at fibonacci level 38.2, 50 and 61,8. These fibonacci levels are close to the EMA levels, which should provide extra support. TP is aimed at previous top, which is .705.
Entry 1: .696
Entry 2: .694
Entry 3: .69
Entry 4: .687
TP: .705
EURCAD cleared trendline support (medium term)Canadian dollar pushed the Euro below the 1.4570 level and a key 12-month rising trendline.
Follow-through will be driven by a lift from oil prices, Canadian unemployment data from last week should continue to provide momentum.
Participation from Euro depends on Thursday CPI data and continued rally in equities.
Placed a short at 1.4570 with a stop loss at 1.4719
Target is the 50% fib level at 1.4110, giving a target profit of 460 pips.
Will look for retest of trendline support and support becoming new resistance
HES continuation of Long- MACD Timeframe Indicator (12, 26, 9) Hourly and Daily Timeframes showing bullings patters as both are > 0 and MACD > Signal Line
- Ichimoku Indicator pointing higher with Kijun Sen above the Kumo Cloud and Price above the Kijun Sen
EURGBP Bearish Retracement Down Within a ChannelFX:EURGBP
This pair invalidated my bearish prediction last week due to fundamentals pushing it up. At this point, I think it can't ignore the technicals and will have to go down a bit before continuing its movement up within a channel. It is overbought on multiple indicators including RSI and Stochastic and there is a clear long term MACD bearish divergence. We can also see a reversal candle pattern that has been displayed recently to further confirm expected move down.
I will be opening a short term short position and will hold it until it reaches target price or shows bullish signs.
EURUSD - Sell setupEURUSD is showing a nice sell setup. It has just finished a crossover in the stochastic and also pitchfork aligns with the sell setup
Big Move soon in AAPL?Might be H&S forming, but also could break higher. Not really sure right now, but it looks like a big move could be underway. MACD looks a bit unclear, CCI appears to be bottoming, RSI looks like it could rebound but near 50.
New phone looks to be a bust, and is just meant to be a filler pre-7 release.
EURGBP Daily RSI & MACD Bearish DivergencesFX:EURGBP
Time for a sizable move down as indicated by the divergences on the daily chart.
Long On EUR/USD BUY BUY BUY!!!Just like EUR/JPY this setup is clear and is making higher highs
we also got a bounce of the 0.618 FIB level time for a new high ?
Very likely
Also id like to apologise for the very basic descriptions very busy just trying to get the setups out to everyone :)
Trade safe
Looking for a short that wont go up as the S&P recovers? KODK is circling the drain. Their balance sheet and quarterly income is very unimpressive; they don't look like the books of a company on a rebound but rather a company winding down operations. Q4 2014 they had $260m~ assets over liabilities, that number is down to a scant $75m~. During the same period, cost of revenue is down about 17% vs revenue being down 'only' 13% but that's not terribly impressive.
Don't get me wrong, I like film cameras. Working in a dark room to print your own photos is great. But it is a niche market that doesn't match up with Kodak's half billion market cap (they don't even make cameras mind you!) The film market is dominated by Polaroid, toy cameras, and pre-owned sales. Film and paper are not a monopoly for Kodak in the 21st century with Fuji, Ilford and others long pushing Kodak out of frame.
This chart shows Kodak's next slide. The 1 day MACD is already breaking negative and the chart below is the 3-day MACD showing that the leveling/upturn from the start of this year is over. Kodak may as well have agreed to sell their wares exclusively at Radioshack. Much of what their current business is (business services etc) doesn't have the same economies of scale that Xerox and others have. They could have held some patents and licensed the remainder to get some revenue streams but it's too late now. Maybe Kodak is already "winding down" and doesn't want to acknowledge it publicly. They don't have to wind down to zero; they can still be a single factory film manufacturer, making a tidy profit for a few dozen employees. But a half billion dollar multinational? Sorry, but that image is fading fast.
Bottom line:
Buy put options for as far out as possible and sit on them---Take a higher strike price (>$8) if you are looking for a cheap bet, low strike price if you are looking for a super cheap bet.
