NYSE:UBER Below average volume with the 50 day MA within range while it continues to develop under 54.19 high. Ideally, I want to see another small contraction or a few days of consolidation for a breakout through 54.19 high. Note: It is not outperforming the SPY as shown in the CRS but that is typical of a name that is developing a healthy base before a breakout...
Consolidation box here looks ready for a move higher. Can benefit from economy reopening news.
Feeling market bullishness in Dec 2020 from the NASDAQ (IXIC index)? December has been a bad month for the telecommunications stocks: T-Mobile TMUS, Verizon VZ and AT&T T - bad too for Media companies, Comcast CMCSA, Charter Communications CHTR, ViacomCBS VIAC, Fox FOXA. And the big Railroad companies have been trending down since mid November: Norfolk Southern...
I used to know the real terms for the MACD and RSI but from what I see the flag pole on the monthly time frame matches up with the undervalued RSI and the MACD s about to swing upwards (if that's how you say it) hopefully keeping momentum and breaking the resistance level at 19.55 price level. I have my eyes on the $21 price level.
Transportation index already breakout, as long as the RBS does not break it will go much higher guys.. :) look for the transportation stock that has not been breakout yet like CJCEN and a few others.
FDX has had a remarkable run. With upward movement it may touch the top of the Bollinger band and then pull back to the EMA clouds / fib at 274.66. Whether before or after consolidation a fair short term price target is the fib extension above. However worth noting it is oversold and may need to consolidate.
$TLSS H4 lets shut all the butt hurt haters up and break back above 100 ema .03c
Hi, Some say that the DJCFD is a good indicator for the general stock market, eg SP500. If DJCFD does well, the others will do well. This past week, as per the weekly chart, we can see a solid bullish candle close above a main resistance. Before its retests this resistance level, I am leaning towards it reaching to the upper part of this regression channel...
Vroom fell back on market weakness but is very oversold on the SlowStoch. Fib levels provided which have acted as support throughout its short trading history. While the fib marker in purple may provide strong entry, seeing this re-enter and base in the broadening formation would confirm h higher highs (or at least higher lows) are in store.
both on the 1 hour and 4 hour obvious regular divergence is manifesting..
Technical 20sma is being supportive, but it is recommended to keep your stops somewhat below the average. A close below $190 would be a bearish warning. The broad market has been taking a downturn over the past week. The Transportation industry has been consolidating, showing relative strength over the rest of the market. Fundamental While the white house...
With more lockdowns this is our best scenario. ------------------------- Tribute to Tequila: www.youtube.com Good luck!
Old Dominion is a jewel of a company, and is very well run. I feel confident targeting $190/share if we get a nice bullish confirmation candle. 21.47B Market Cap Income 615.4M Sales 4.11B Div% 0.33% P/E 35.19 Forward P/E 31.24 P/FCF 46.5 Quick Ratio 1.90 EPS this Y 3.7% EPS Next Y 21.97% Sales Q/Q -0.3% EPS Q/Q 1.5% ROA +15.8% ROI +19.5% Profit Margin +15%...
Technical analysis Boeing showing support at the trend-line forming since the march lows. A close below $152 is a break of the lower highs trend Sentiment, technicals, and fundamental views for Boeing are weak. However: risk-reward-ratio is very attractive Still a global duopoly (Boeing and Airbus) Heavy support from the government to help it...
Looking for a breakout above 168. Alerts set. Only issue is the volume is super low. Clear skies to 176 after the 168 break. Aug 7 or later calls.
Sideways trading channel of price action with RVI in the mid-range as well. Volume starting to drop down as we start to enter earnings week. More investors will start to reduce their exposure to risk this week.
👨🏽✈️ Boeing and airline stocks have performed very well recently, in-fact many of the stocks beaten down by COVID are on the move. Of all of these stocks, Boeing has one of the best looking charts around. Add to that that production is ramping up along with demand, and we have a great justification for a long position along with the newly formed bullish...