WEED perfect fib boucesWow volatility is CRAZY!! making fib bounces within days. Not wasting any time hitting targets!
Target for WEED reached at 30$ retracing to 62% fib.
Now hopefully a short back down for the final correction wave from the ABC pattern
First target pickup is at 21 again, second is at 16$. Good luck and remember to take partial profits in case in keeps running upwards, WEED could very well keep going to 35$ but don't fomo, patience is key, it will come back down again before legalization.
Volatile
XRP/DOLLAR rising wedge reversal pattern, enter short now!!!XRP/Dollar is showing a rising wedge reversal and it hit resistances a couple of bars down which indicates massive downward movement towards the next support level (1.12 to 1.15 support zone)
Hopefully this will retrace and show momentum to the upside again but cryptocurrencies can be extraordinarily volatile especially cause of the new years and future technical news.
This Israeli Pharma Is Promising. Breakout Above Blue Line Next?Guys at #Kitov Pharma sure seem to be doing something right, but are they perhaps failing to appreciate some hidden obstacles in their path?
My custom support/resistance indicator lines on this chart show decent places to enter or exit.
The Blue indicator line serves as a Bullish trend setter.
If your instrument closes above the Blue line, then we think about buying (going Long).
If your instrument closes below the Red line, then we think about selling (Shorting).
For the more mature stocks, I prefer to use the Yellow line as my Bearish trend setter.
For the smaller caps volatile stocks, I prefer to use the Red line as my Bearish Trend setter.
-Alex
Potential Long Set UpCC2! is in a sideways volatile market. It has made a vacuum to test the lows followed a failed retest on a final push below. Price has formed a strong hammer candle and also an inside bar. A potential long trade to the 2118 area could be in store.
daily view on VIXJust a daily view on the VIX
It's for show how the VIX react.
AT that time the VIX is realitely low...historical low we can said.
Since 2015 we saw 4 shocks on market who came from BIG to LOW
1- the yuan devaluation,where we can remember was a good shock for stock,jpy and gold
2-the oil fail in start of 2016 where the stock make a good coorection also but get back up in the next week
3-The Brexit in June 2016 who was a surprise and impact the most the GBP and also again Stock and gold ( that is normal because is the vix of SP500)
4- The USS election in Nov 2016
But the VIX right now he still relatively low.
the VIX is used for see the volatility on market and also knows as " Fear Gauge" on market
maybe is the North korea topic That will make up again the VIX and may more than Yuan devaluation
I wanna say that is not bad for new trader to
-Focus on VIX everyday or sometime when you see market got a move without data
- try to stay far of Jpy ,Stock and gold until North korea topic is gone even you wanna buy gold or JPY or also sell stocks
-i not want to say is the time to short the stock even there are historical level+ the geopolical risk is high ,because is not the topic.
there was not an idea of trade,just to post it for may help new trader who not know about the VIX.
High Volatility Warning for GBP Pound.In case you haven't already heard, there is the UK supreme court decision for Brexit coming up in a few hours. There could be potential volatile whipsaw effect. Best to close positions, watch and stay out. Remember to let market settle for a couple of hours before getting back in.
Good luck everyone.
CYBR inches close to buy pointI love the company CYBR right now, even though I'm not used to buying these newer hot issues, I think this could be a smart one to buy. It's at an official IBD buy point, and it has a nice cup with handle pattern, it's a leader in its group and is in a strong group 7/197. The only concern I have is that it is so volatile. The last base was 25% drop. I would like to ideally purchase options to solve the volatility concern.
PERFORMANCE WITHIN GROUP (CYBR)
CYBERARK SOFTWARE LTD RANK WITHIN THE COMPUTER SFTWR-SECURITY GROUP (23 STOCKS)
Composite Rating 99 Rank within Group: 1st
100%
Best in Group
EPS Rating 98 Rank within Group: 3rd
91%
Relative Strength Rating 99 Rank within Group: 1st
100%
Best in Group
SMR Rating A Rank within Group: 4th
86%
Acc/Dist. Rating B+ Rank within Group: 1st
100%
Best in Group
EPS - Group Leaders
PANW
Palo Alto Networks
QLYS
Qualys Inc (Added to My Stock Lists 04/15/15)
CYBR
Cyberark Software Ltd
VDSI
Vasco Data Security Intl
VRSN
Verisign Inc
Composite Rating 99
GENERAL MARKET AND INDUSTRY GROUP (CYBR)
General Market
Uptrend under pressure
Industry Group
Industry Group Rank (1 to 197) 7
FUNDAMENTAL PERFORMANCE (CYBR)
Current Earnings
EPS Due Date 05/07/2015
EPS Rating 98
EPS % Chg (Last Qtr) 200%
Last 3 Qtrs Avg EPS Growth 87%
# Qtrs of EPS Acceleration 2
EPS Est % Chg (Current Qtr) 400%
Estimate Revisions
Last Quarter % Earnings Surprise 320.0%
Annual Earnings
3 Yr EPS Growth Rate 24%
Consecutive Yrs of Annual EPS Growth 3
EPS Est % Chg for Current Year -43%
Sales, Margin, ROE
SMR Rating A
Sales % Chg (Last Qtr) 81%
3 Yr Sales Growth Rate 41%
Annual Pre-Tax Margin 15.6%
Annual ROE 15.8%
Debt/Equity Ratio 0%
TECHNICAL PERFORMANCE (CYBR)
Price And Volume
Price $62.64
RS Rating 99
% Off 52 Week High -11%
Price vs. 50-Day Moving Average 13%
50-Day Average Volume 2,696,400
Supply And Demand
Market Capitalization $1.9 B
Accumulation/Distribution Rating B+
Up/Down Volume 1.4
% Change In Funds Owning Stock 21%
Qtrs Of Increasing Fund Ownership 1