Akamai technologies AKAM: slowstoch is oversold and 2 days ago the stock formed a pin bar. Slowstochastic is bounced on the oversold zone: pin bar is a good signal for reversing the trend. Stock strenght is above 63. Watch the stock and lets see on lower timeframes if there is a entry signal (for example at 4h TF). Disclaimer: This is just my tought: don't invest...
Prices have touch the trendline moving in an upward channel. Going long with profit target when prices hit top of channel. Stochastic is oversold also
SC has been holding at strong support level for several weeks. StochRSI is approaching oversold on Daily chart, and is already far oversold on Weekly chart. Blue box shows current support range. I expect to hold at this level for a day or two more than a breakout. If bull reversal bar is confirmed and above descending support, could see move up to red resistance...
Foot Locker Incorporated has been in a bullishtrend since 2008. It has however, been moving downward since its most recent earnings call. On multiple occasions through this trend, three of the technical indicators discussed below are at similar or lower levels, than they are now. These instances have resulted in nice short-term gains for the stock. I have laid out...
DIS on oversold stochastics and on support trendline. I've started a position of 20 shares after market close. Will be looking to add to position if price drops to 93. Stop-loss will be set at 92. As always, Limit will be set at stochastic oversold levels or top of channel.