since the end of march 18 Citigroup was trading below resistance levels 72-73.2 one attempt to break above failed in September 18 yesterday stock finally closed above resistance level and price action looks positive its not a long as of yet. the close of the monthly candle is near and if price could stay above the level at the close on Friday i would go long on...
after a nice move yesterday following an upgrade by jpm SBUX looks good to attack the highs again background: stock trended higher for a year until august 19. since then price had a correction bottoming at around 80$. price created a nice round bottom and now breaking to the upside on good news and market momentum. game plan buying on a break above yesterday...
After earnings last week stock opened strong today' climbing above 320$ resistance on high volume last few months price consolidated nicely and looks like now its time to move higher
Price created a nice inverted head and shoulders pattern aiming for the recent highs as long as price is above 100$ it's very bullish very nice upside potential here
HOLX is very strong and close to highs creating a flag pattern go long on break above resistance or bounce at support targets are resistance levels
after a nice consolidation above resistance at 1300 price is looking to make a move higher trade with channel
TSLA stock is getting closer to the tipping point this point is around 360$ more the 20% of stock is in short and most traders will put a stop above the highs at 390$. this could take the stock higher on short squeeze to 420 area on the other hand if price will fail to move higher traders will want to add to the short position retesting last support area at 325 if...
RUT russell 2000 is at a new 52 week high breaking above very hard resistance and consolidating above 1600 retested area which acted as support and now breaking to new highs looking at the S&P as comparison RUT is lagging and looks like running in the next few weeks
amazing bottoming formation here on WRK after a long downtrend stock bottomed at 32$ creating double bottom. 40$ acted as resistance several times now acting as support. momentum is improving MACD looking bullish
not much to say stock is close to the highs long trend up channel up
PEP had reported better then exacted earnings that took the stock to new high with great volume note the bull flag breakout on chart with a gap addition targets on chart
Simple inverse H&S in BRK.B Price is above area of support at 210~ Broke above neckline nice risk/reward
SEDG is consolidation near all time hghs created an ascending triangle formation break above today with strong momentum
DIS chart looks very bearish. big topping H&S formation with a break below the neckline a retest of the break happened last week with a failed attempt to cross over. last low area at 127.5~ is the first target stop will go to 143~
AAPL stock is getting strong support today price retested 215 area which acted as resistance in the past in addition a rising trendline is helping the bounce looking for a retest of the highs
LMT is going strong after breaking above resistance at 330 price created an inverse head and shoulders which indicate that the price is ready to attack the highs at 360 volume is also supporting this break
EMR is Bullish nice momentum break after earnings good consolidation above 74.5 resistence new support at higher high 72.5 targets 80 and 82.4
simple setup after a nice consolidation at the highs price broke above resistance at 104 and looks god for a small rally rectangle breakout stop located below 100 and target at 111