BADUNDERPRESSURE

BADUNDERPRESSURE

The path of least resistance is up. We are still on 2 year upward trend, creating a bull flag but I have seen this scenario floating around by a trader who has been spot on with a lot of predictions. RSI looks good to confirm a move up

BADUNDERPRESSURE

We are back in the channel, we couldnt hold above, may mean least resistance is to the downside??? At least temporarily as we sit in channel for a bit longer before decision is made up or down breaking channel again.

BADUNDERPRESSURE

Most notable is the bullish divergence from looking at the RSI. The consolidating is leading me to believe that with the RSI turning up the path of least resistance would be up.

BADUNDERPRESSURE

The wait is finally over! After VRX big scandal and severe drop in PPS its time to get long once again. It has broken its downtrend and RSI looks juicy. Last earnings reports look great and its time for a comeback.

BADUNDERPRESSURE

Reasonable pattern expectations

BADUNDERPRESSURE

Ascending wedge, usually is bearish..

BADUNDERPRESSURE

The patterns are always worth noting, a lot of retailers are setting up .

BADUNDERPRESSURE

I do not believe we fall below the important support level drawn by the red line. It had shown as vital support in the past and i believe we will see the same here. A further decline does not seem warranted also because of the RSI's divergence to declining prices showing that strength is increasing. After such a decline we should see a breakout to at least Fib 50%...

BADUNDERPRESSURE

As you can see drawn we are at an important resistance level. I believe a pull back to $44 or further is warranted after a drastic run up on price and high PE. RSI Showed quite overbought and after hitting these levels the prior two times we saw a quick decline. This is one stock I'm short of.

BADUNDERPRESSURE

I was dead on about the breakout, I feel strongly about a pull back here.

BADUNDERPRESSURE

Its always hard to determine when the drop will be. But the risk reward here is def to the downside and over the course of the next few months should begin to show.

BADUNDERPRESSURE

a guess based on fib levels and resistance. Short at $22.98

BADUNDERPRESSURE

This is an amazing chart to look at. Of course the reality is , one day, we will see a market correction that will lead us into possibly.. a great depression. Of course I hope and pray that this is not the case as it will effect not just myself, but everyone in the world. I hope that our fall isn't as hard as I expect it to be.

BADUNDERPRESSURE

A weekly close back in this channel we will see a straight shot down to the bottom of the channel.

BADUNDERPRESSURE

if we can close above monthly resistance we outa see quite a move up to $77.53 . Will be interesting to watch with our new president.

BADUNDERPRESSURE

Based on rsi trend I believe pretty strongly that we bounce at around $115, now we could form a bull flag or we could break down below $115 immediately or following the bounce, its really hard to say. 5,000 130 CALLS where bought today for March 17 which surely they must know something I don't. Based on RSI , the break up through 3 year channel, ide say im leaning...

BADUNDERPRESSURE

Getting close to a decision needing to be made either up or down. Certainly looking good for a run upward.

BADUNDERPRESSURE

WLL looks very strong here, rsi turning up and we look like we are breaking out of this wedge. Should see big moves in next few months. Many other energy stocks are setting up for breakouts. Sector will help push upward through resistance.