TAN has a great year - almost 50% gain in 2017. Now it breaks out and next price target might be $42 in the next 6 to 12 months.
It may close the month with a 6/10 MA crossover, a positive MACD and a strong RSI. I would say it is a buy candidate for now, and will give it one more month for better signal.
I would like to see a stronger RSI and a 6/10 MA crossover. But I am mostly certain the trend has turned up.
Technical looks good. Intend to add to position if closing above A.
MACD, RSI, MA crossover - all look good. Hopefully 2018 will be a good year for Twitter.
IWM is able to break out from the rising wedge which itself is very bullish. It can continue to rise within the red rising channel in the next 12 to 24 months. RSI and MACD are strong.
Short term looks weak but long term technicals still look good. May test $1250.
A breakout will be bullish (already above 10 month MA). MACD and RSI are strong. I am still thinking it is heading towards $88 in the next 6 months.
long term trend is still up as 40 week moving averaging is still pointing up. May dancing around 40 week MA for a while before we know a clear direction. Under currently condition, we should overweight stocks over bonds.
TIP is falling out of long term consolidating triangle and and may signaling continued disinflation. If this trend continues, we expect continued lower rate environment (meaning weaker dollar).
soon will face resistance but may rally to 3.06 level short term. Long term trend is still down. Might be good opportunity for a short term TBT trade.
Judging by the 40 weeks moving average direction, moving average rainbow, recent dollar rally is still a counter-trend rally, and may targeting 96 level. Probably a good idea to open a short term long dollar trade (or short bond, short gold etc.)
Rising wedge exhausted, visible divergence between price and RSI and MACD. Looks like ~10% pullback is coming.
The ratio bottomed and now is meaningfully turning up.
Expect some bounce up from current level. If red support is lost, the target might be 88.
Judging from past when RSI at cycle low, oil rallied from 27 to 114 months, with price gained from 78% to 1121%. So there is a high chance current oil rally is far from over. I would buy on breakouts and dips with a target of $87.
China currently has a lot problems for sure. But stock market is a discounting and forward looking mechanism. Technically ASHR is in its early bull run.