Celgene is one of my top picks in the biotech sector, it is fundamentally strong, and the chart is providing a great potential breakout picture. I have entered half of my position around 127.50$ and looking to add around 123$ with a hard stop below 116$ below 115$ there is a chance that we get back to 100$ though i am not expecting this scenario right now. Targets...
Textbook breakout and retest, this can be a multimonth opportunity. In the coming days i will analyse some biotech stocks, where i am seeing good potential for a trade.
We are now in the final phase of this textbook 5 wave move up higher. Expect a final burst higher above 1.20 maybe into 1.21. Bears will likely take advantage from this high levels and start to short aggressivley. Shortterm bulls are still in charge so don't fight the strong hand, instead go with them, and use tight stops. On a bigger perspective get ready for a...
This german stock is fundamentally strong, i read alot of good things about it. Couple it with this chart and you have a conviction buy setup. Looking for dips toward 10€ to jump in. Blessings to you all.
Chart tells the story. Nice breakout BUT there is still one big up wave missing. This is our edge, look for dips below 0.7800 for long entries. Stops below 0.7570 and look for a big move into 0.83. So shortterm = corrective down. Longerterm = impulsive up!
I love pictures like this, its so clear to me that bulls are now in controll, except something major happens i am expecting now several weeks and maybe months of upside in this stock. Big earnings beat last week, are also fundamentally giving it some room higher. Take a look at this longerterm weekly chart:
Sell with a stop above last swing high. Bears should now be able to create an extended period of lower prices.
I have read alot of good things about Nike and its been on my watchlist again since the last earnings report. I saw alot of people recommending to buy it around 60$ but in my view it was simply too expensive up there. Now that we got this gap lower, in reaction to bad foot locker earnings i am using this dip to buy Nike with a tight stop below the last swing...
Following up on my recent, gold and gold mining sector analysis, i am seeing in newmont mining one of my favorit gold mining stocks. From a technical perspective the bias is clearly bullish. Also fundamentally this stock is a top sector pick, they are providing strong earnings and are in good shape. I am looking to buy, but current levels seem expensive, another...
Looking very likely. Bulls are jumping off the 100+200 Weekly MA, and we are seeing a bullish outside bar on the weekly chart. Indicating, that bulls are starting to get serious about moving higher. Also notice this big bottom forming process the market is currently making, this is more likely to see a move to the upside. Blessings to you all.
Nice setup, big picture we are forming a big triangular trend continuation structure. Shortterm looking for the gap close. Notice the high volume breakout of the red wedge, and now the blue flag is a strong buy setup. Blessings to you.
Check out this elliott wave count on alamos gold, combine it with the GDX gold etf analysis i made earlier and you have a perfect storm that could generate higher prices. I would not like to see prices below the 200DMA and 100DMA anymore, bulls should managed to develop a solid uptrend from this area. The stock also gave some nice earnings results. Dont trade...
Playing it on the long side! Shorting stocks seems to be the way to go for the coming weeks.
Double Bottom and recent range break, now we are retesting this area. The chart tells the story, i think we are in a very strong area, bulls should show a strong hand around this levels.
Good luck to you all. Bulls managed to break the downtrendline, and formed a base on the multiweek triangle bottomline. I am seeing upside in the coming days for this pair. Blessings
Buying dips on BMS Stock. Watch for the 55.20-54.70$ area. I am targeting for now 60$ and stop should not be placed too far away. 53/52$ seems reasonable to have a nice R:R. Hourly Chart: Watch the corrective channel, this might setup a nice long opportunity. Blessings to you all.
The stock has been moving since the beginning of 2016 in a huge triangle formation. I think the time is getting closer for a breakout and some dynamical price movements. I suppose in the coming week there will be earning results, keep them on the radar, if the price reacts to this earnings, this can be a catalyst for higher prices and breakouts. 190$ is...
Nice chart, i have been waiting for Tesco share price to drop finally below 170 for some weeks, so i can start pick up some longs. I am seeing good potential on this stock for a possible bull move above 220, but it will take some time. The correction might come to an end in the coming weeks. The alternative scenario would be that price breaks down, and bears...