If the market can close above support tonight, we may see see a quick rebound! Otherwise let's look at the next level of support!!
Price should be on its way to retest the support! So I will wait to see if it gets there and then will act according to price action ! Too early to buy a great company in my opinion!
Gold is trading in a smaller and smaller range which soon should open a big move! But in which direction?? I will wait until one of the trend line (descending and ascending is clearly broken) Until then I am just watching! Good luck :)
I cannot remember who said that it is time to buy when blood is in the street ! looking at the chart, the price is down again to a level of strong support! Are all the bad news already priced in? I don't know but if you are willing to take a long term view and also the dividend yield, you may consider to build a position here ! Life will go on no matter what all...
Price is coming back to a nice level of past support ! I am considering to buy 1/3 or 1/2 position at that level ! The stock has lost 1/3 of its value from its peak and I believe this is a great company! If price goes through the support I will probably add more a the next lower support as indicated by the the trend line and the green arrow
Price is coming down nicely to a previous level of support (42-44 area) with an oversold condition (at least for now) ! one may consider to take a small position at that level! Bear in mind that the major indices are also coming to test back their support and failure to hold would most probably trigger a much deeper correction in my view !!! Time to be very...
Oil price has reached my initial target posted here earlier this year. Price is bumping against the upper level of the trend channel and should see some resistance even though the 100 round number might just be a strong magnet number ! I am out and just watching over the next couple of weeks ! Good luck :)
Price hit the support again and is bouncing up ! In my opinion a position can be initiated at this level ! Maybe half position now and the second half either on a break of the down trend line or either at the lower support in case the current support breaks ! The dividend is also good ! Just my view :)
There should be a bit of upside left but then price should face a strong resistance from the prior support level and also the down trend line from the top !! Let's see
Price is at or around a level of prior support ! we might see a reaction but if that level doesn't hold, the next level of support is much lower !
The stock has had a great run since December but is bumping again resistance (for the time being)! I think it is time to take some profit ! Just my opinion :) However if price can clearly break above that resistance then there should be much more potential over the next few months !