Ebay has been trading flat since late 2012. We have seen weeks price move much more easily in declines and then struggle to regain that ground. Volume has also peaked on these declines showing more conviction on the downside. This is opposed to the previous flat trading period from late 2011 to mid 2012 which saw more volume on positive weeks. In the current...
Not sure if you are aware of the culture view of beer and how it is shifting, or the way the industry works in China (much different than here); however, from spending a lot of time over there I see this company as having huge potential over the next few years.
With my bullish view on precious metals over the next few quarters, FSM is strong in the silver industry which is strong in the PM industry. The higher highs despite industry and indices testing support over the last few months shows accumulation.
Upcoming demand, write downs in the rearview, terrible sentiment on raw good and industry, low risk given sitting on lows... I'll hold here for a few quarters barring a sudden drop below 30
Upcoming demand, writedowns in the rearview, terrible sentiment on raw good and industry, low risk given sitting on lows... I'll hold here for a few quarters barring a sudden drop below 30
Decent r:r play for long. Miners sentiment is extremely low and BAA looks poised for appreciation given recent accumulation and price/volume relationship
With Brewers looking to be in a longer term distribution on the 5 year weekly chart, BUD with 3 successive higher highs on lower volume and diminishing momentum looks to be a good R:R short
