The picture seems to be at the same place it was so many times before. So many indications of the price going down, and not so many up....but may be it is different this time. Check the chart and Bet on your own will - Long period trend is being touched and previously price went lower - @ top of Bollinger bands - Price right now in the middle range of the...
This is an assembly of several ideas, one from user littleriver, one from sublimares2, and a small observation from me. 1) littleriver provides an idea of the possible breakout if the stock follows the beam up 2) sublimares2 noted wisely the narrowing bear flag - and it is narrowing nicely within the beams noted by littleriver .Should the stock go into the...
Status Quo - Seems that there is a base the price follows and it just reached its resistance. - RSI, RMI, CCI are all on top of course, so the status quo is the following: - Current action is done on decent volume - Tripple bottom was indeed taken as support Possible outcomes - up - in case it breaches the channel i would expect a breakout on a high volume....
Historically this took some steam off the run, giving a good entry position. Although RSI top is not lower, it is not higher while the stock price took a decent step up on lower volume. Short term small pullback may be in play to the previous resistance
Watch for: - Touch of resistance of the down trend - Moving averages - 200 was a good support, but others rolled over Note - gap from November 2013 still to be filled so if it goes down, the gap will most probably bi filled. with a bounce of it. Drop target - 3.20 Up Target - 4.50
Check the points on the chart: - The down trend is still in place - Recently no great news have been release so it is still trading there - Some gaps are still left to fill, although this is not a strong aspect - Technical indicators are turning up and may show some upward trending 18 seems to be the max achievable price at the moment and if reached will show...
AMD has been trading around 4.04 for a year now, seems like 4 is the middle of both buyers and sellers. Even reporting good quarters it did not manage to go above 4.5. Good news is Lows are higher and higher, and the trend channel is going up. Traders cannot avoid the fact that the business is going somewhat up. And it is harder to manipulate the stock price...
: Mistake in the text on the chart, should be Looking for a "higher high and Higher low" ; It also has 2 gaps to fill, small but worthy point to take in account Seeing TimWest's idea on the stock price today, felt to find a good entry point for the stock on the short term, while focusing on the long term prospects. On the weekly it does seem that at any point it...
Should have published this a couple of days ago, when i already have the 3 waves drawn. Surprisingly enough, if you just follow the technicals you will note that everything may play around that. Today we have Russia being lowered on rating by SP500 and 2 red days on tensions between Russia and Ukraine. I am not sure if mr Market timed the events or not, but...
There is an interesting lock the stock is in now. It is in-between several key lines and the following days could tell the short-term future of the stock. for now it has been keeping itself on top of 2.50 as it is a key level. Several points lead to a higher position from here. - Major point: DMI, MACD, RSI, Stoch and Acc/Dist show potential up side from these...
Speculative view on Short term Facebook stock trade. The current setup - Most major point: ACC/DIST, RSI, DMI, Stock, MACD - all set up to go higher being on low positions. - Today trading price went above 100DMA - Price within the weekly/monthly up-trend , but on the lowest end of the range - Recent trend change coupled with wave prediction tells that the next...
Bit far fetched, but many indicators come into one play of forming a top in May. Point by point 1) After edging up on the sale support as before after making a new high, Nasdaq composite gives room for a head and shoulders formation. Top would be in May if this holds true. 2) RSI, Stoch and MACDcan all be traced with following the patterns to top in may should...
Recent actions put ZNGA in a paralel downtrend and touching the 200 DMA, an important level. There are some small triangles formed between the falling 20 DMA, the 200DMA and the trend resistance. going below 200 DMA would lead further sell-off. An interesting triangle forming leading up to the earnings date (formed from the floor of the pervious gap and the down...
For now even good earnings failed to change the trend after it broke the previous trend support line . Latest sessions bounced off 150 DMA, but there may be some elliot wave type of action pushing the price lower for now. Also it covered a gap from some time ago and for now is below the middle bolinger that has been a good indication of a bearish trend for this...
Amazon still in correction mode (see previous related chart), below many MAs, kissing the lower bolinger band, and still within the narrow trend. Although on this way it covered 2 previous gaps that were unfilled, there are several resistance levels (blue lines) that it may bounce of. For now, lower lows, lower highs, and a possible Elliot wave action (either...
Friday's trading was crucial in determining if we are heading higher as it would breach the downward trend. Despite the RSI being on the low already, and DMI telling a possible trend change NASDAQ100 dips as hard as it did way back in 2012. The total correction is almost the same size as June2013, but a similar move as to friday's will extend it so far to tell us...
Friday's trading was crucial in determining if we are heading higher as it would breach the downward trend. Despite the RSI being on the low already, and DMI telling a possible trend change NASDAQ100 dips as hard as it did way back in 2012. The total correction is almost the same size as June2013, but a similar move as to friday's will extend it so far to tell us...
Volume wise, more volume on Sell signals than on buying sides, but it has gone up a bit recently. The options/puts ratio although interesting as it was twice today, can change tomorrow just like it today for yesterday. Daily MAs up to 200 were violated and it is trading way below some time ago. It violated the years up trend from at 40.60 (zoom chart out). Also It...