GlennTrading

GlennTrading

This is a great company that I intend to buy and hold for a long time period, 10+ years, now is not the time to buy it. Why? The trend is stage 3 bearish downtrend. The stock is putting in new lows. I will wait until all technical indicators are aligned before I enter a position. In the meantime, I'm setting cash aside to buy this stock when it starts putting in a...

GlennTrading

Grove Co. is a company that plans to be plastic free by 2025. This company has been beaten down with many holding in the $7 range. The analyst have this as a $10 stock in 1 year, time will tell. The insiders have a high ownership within this company at 53%. This tells me they really believe in their company. The company has less debt, Market Cap - $255M vs....

GlennTrading

It appears that Planet Fitness is attempting to consolidate and build a stage 1 here. The next stop will be resistance at the $64.57 range with the volume.

GlennTrading

Looks like this will be a great trend through October. As we watch the SPY fall. It is testing a resistance line here but, the trend is not reversing.

GlennTrading

$WMT has been trending since May 2022 crash. It seems to currently be putting in a bullish flag and pennant pattern. Let see if it can go to resistance of the 200EMA at $134. It may pull back with /ES and then climb. Let's see where it goes.

GlennTrading

Since May 2022 when $CRWD hit it's lows, it has continued with a bullish higher trend month after month. This strong company with lower debt than market cap some insider ownership is in a nice uptrend. It appears that it will test the 20 EMA at $173.04, the next target of $177.54 and hopefully, we can see the $188.41 with this trend. Trade and invest well. Do...

GlennTrading

Looks like a shorting opportunity with a bearish pennant flag to the support zone of $1279.10. MACD is cooling with buyers. RSI is in a gradual downward trend. Let's see how it goes.

GlennTrading

Ford has the potential to move back to the $15.15 mark where many are still holding. The first mark to make is $12.30 then $12.87 and if it continues through those resistance lines and makes them a new support, it will make a new high to $13.60 and $14.44. This is depending upon $SPY and how the overall market does. This stock is oversold and the MACD is showing...

GlennTrading

This stock has a clear downward trend with the next support at around $28.16. Many are trapped in the $49.61 range. So, once it touches the $28.16 range, if it puts in a box to set up a stage one there with support we could see a potential long back towards the $49.61 range. The RSI indicators show that it is oversold and the MACD shows that it is ready for the...

GlennTrading

This stock has a nice upward trend since July 2022 when the rest of the market begin cooling off. It has broken through the EMA200 level and has the opportunity to make it to the $5.10 level within the next year based upon fundamentals. With the RSI being above 70, I look for a pull back to the 50 range and then a climb again. There many sellers at the $8.10 range...

GlennTrading

There is a lot of sentiment for walmart to $139 area. Do you see the stage 2 where it is trying to go back to the red line where the most buyers and sellers are trapped? RSI still has room for it to climb and MACD is showing a potential reversal.

GlennTrading

Just broke through the 50 day ema next stop 150day ema then the 200 day ema. Let's watch the trend.

GlennTrading

I see the we are in the accumulation phase of the stage 1. I'm adding shares here because based on the trend that is setting up it is ready to return back to the 200 day EMA at about $70. That will with time double your account and this is my target. I'm going from $36 to $70. The MACD is showing strength for buyers and the RSI is not oversold. This will take time...

GlennTrading

Based upon the chart a stage 1 is being placed at the $1.00 mark and the MACD is beginning to cool from sellers. The RSI is at a nice oversold area ready for growth. There is many trapped at the $1.05 area based on VRVP. I'm thinking of trading up to the $1.05 area.

GlennTrading

Abnb reached 70 RSI a few days ago and is headed to lower lows with time. The MACD is beginning to show the buyers are slowing down which will allow for sellers to come in to possibly take the price back to the highest volume area of ~$149 area. I circled the support and resistance regions to show different profits for entry and exits if you are looking short...

GlennTrading

I like how the RSI is still oversold and the support is beginning to be strong for this stock.

GlennTrading

RSI is still in the oversold area. The MACD is cooling with the buyers in charge but sellers haven't taken over. Looks like it maybe still consolidating. There is much volume in the $0.11 area. It is trying to touch the 50 EMA for a potential to turn that into a support from a resistance line.

GlennTrading

This stock looks like the sellers are cooling off and the buyers are taking place based on the MACD. RSI is in the 43 range and showing that it is closer to oversold. This stock is poised for a little love and seems to be ready to make it back to the 20EMA at $947 and then to the 50EMA. This could be a nice run. The only concern that I see is the volume at the...