[FOXA] Phase 3 The price has a marked resistant and support. If the price breaks the resistant, it will be phase 2 after all.
FOX1 trade ideas
FOXA- More upside to be expectedAfter a 9 week consolidation, the stock is poised to regain its upward momentum targeting the previous high at 50 against a stop at 44.
FOX long term view (based on Avatar film) FUNDAMENTAL ANALYSIS FOX long term view (based on Avatar film) FUNDAMENTAL ANALYSIS
FOX Detected possible acquisition or asset purchase!!!FOX: 21st centry fox class b
2018-06-20 08:34:02
Detected possible acquisition or asset purchase
FOX slowstoch is coming out the 20 zone.FOX slowstoch is coming out the 20 zone.
Title touched a support at 35.32 for two consecutive days and slowstochastic crossing above 20 could be a good signal of reversing.
Stock strenght is above 65.
Watch the stock and lets see on lower timeframes if there is a entry signal.
Disclaimer:
This is just my tought: don't invest based on this idea.
FOXA - Short to Medium Term Price ForecastWatching to go long if prices break and hold above 36.66 with supporting volume. The first target is at around 37.21, second and third target at 37.81 and 38.25. First stop loss at around 38.85, you can adjust your stop loss as the price progress to the upside. Good luck
Potential next movement for Twenty-first Century Fox (FOXA)At the moment there are two possibilities for FOXA :
1) Breakout up : We can break the downwards short term trendline and the green 50-day SMA, after that we will break out of the consolidation range and find resistance at the red lines.
2) Breakout down : We can break the support area of the consolidation range and the orange 100-day SMA, after that we will find support on the green lines and the 200-day SMA.
I think a break upwards would make more sense because both the RSI and the WT-indicator are pretty low and have much room to grow. But in the current state of the market anything can happen. I'll wait for a breakout and then go long or short.
Fox looks interesting Fox represents a a nice setup double inside day on low volume, ma's converged. On watch
my carts on 21st foxlets see what it does. i think it wil rise a little longer but it will fall to support again.
FOXA: XXI Century Fox shortGartley pattern on FOXA chart is in place. Also, price reached Upper Median Parallel Line of the Fork which suggests a retrace to the Median Line.
Will join the shorts at opening price, with SL at 36 and targeting 30 per share
Bearish TrendTwenty-First Century Fox, Inc. (FOX) show a bearish trend, we can see prove in 3 times the line, and them broke in a reversal trend.
FOXA : Trying to make the Wave1 or Wave3It seems like we get WaveC if the following candle is not below 25.5.
Expected target is around 28.5
Clear bounce off of support A clear floor has been set at $26.50 price level. Lately plenty of bears have been driving down this price due to a larger marker selloff but that being said I could see a strong reversal to the $28.00 or a break in bottom to a $24 price. Keep an eye out in tomorrow trading session to see if there is any significant action and play accordingly. My best guess is that this price recovers, there just isn't enough reason for this price to go lower at this point. The majority of the risk here is the broad investing environment and if that rebonds at all I would put my money on FOX outpacing it.
FOXA showing all signs it might go down againThe reasons it's likely to go down at this moment:
-SMA: a top below the line and a reversal setup is forming.
-S/R: against resistance.
-RSI+BB: just jumped below the 50 line, and a lot of room to go down.
-MACD: crossing, meaning it's likely to go down.
