Market_Psychology

Market_Psychology Updated 

After a stronger than expected earnings report on Wed night, GoPro price has broken above previous strong resistance. This appears to also be a reversal of a longer term down trend. Long with a current target of 5.80.

Market_Psychology

Nice Bullflag on this gold mining company. Also being supported by the 50MA. Should go up to 14 or so when it breaks out

Market_Psychology

Similar pattern to my last few charts. After trading sideways for a bit APPN has broken above resistance.

Market_Psychology

The rally over the past month or so has placed FB stock in a great position to short. For the first time in a while price is above the 50 MA. Given how the market is quick to sell tech stocks especailly FAANGs I do not think price is going to stay up for much longer. Also we are approaching significant resistance at 148, and unless the market drastically changes I...

Market_Psychology

The last major bear market declines in 2001, and 2009, both saw declines of around 50%. Right now, from high in October we are down 18-20%. If those bear markets from the 2000s are indicative of our decline now, we are looking at an additional 30% drop, or a price target of around 1500. By many indications we are over due for a correction. Hopefully not one this...

Market_Psychology

This stock has been beaten down with the rest of the market over the past few weeks. It is heavily oversold. Neutral or a beat on earnings will push this back up to at-least the 50 MA. Its not about phones any more. This company has been focusing on IoT and cybersecurity and is well placed for the long term.

Market_Psychology

After a sell off today I think it is helpful to revisit the long term trend line. We still have plenty of room to drop while still maintaining this upward trend. If we break past this, then we will be in not just recession but depression territory.

Market_Psychology

Apple stock has been significantly down for the past few months giving us a great buying opportunity. P/E for apple is currently at 14. This is compared to other tech companies (like Netflix ) who have a P/E around 100. I think this is a great value and a perfect time to enter a trade. Price right now is bouncing off of key support in the 170-165 range. I expect...

Market_Psychology

Easy set up to long spy. Until we break out of blue rectangles we are ranged bound

Market_Psychology

Long term head and shoulder on this stock. Overall people seem to be bullish on this stock for some reason. Trend looks like its going down to ~35 or so.

Market_Psychology

Facebook has been on a down trend since August. The downward trend was further confirmed by the 50/200 MA cross in September. Short term, just these past few days there have been a few negative news stories about that I do not think the market has reacted to yet. Edit: here is the news I was referring to www.businessinsider.com www.thelocal.fr

Market_Psychology Updated 

Rising channel. Good fundamentals. Resistance at 5 will hold.

Market_Psychology Updated 

Price is in a rising channel. Good fundamentals.

Market_Psychology

Reverse and should pattern. Some resistance at 21-22. If it pushes past it price will likely continue to rise. Stop at bottom of right shoulder.

Market_Psychology

Yeti is a great stock on an upward trajectory. Good one to hold for the holidays as they make great gifts, both stocking stuffers and their high end coolers

Market_Psychology

One of the casualties of the US/China trade war has been JD. Long term it has now touched 19-20 for a bottom three times. Will it hold? I think the company has a lot going for it. But investors have been super bearish on Chinese tech these past 6 months or so. I think this will depend more on negotiation and escalation of trade war than technical analysis.

Market_Psychology

Divergence of price and Macd indicate that selling is over done.

Market_Psychology

Price action is stuck in wedge. I think this holiday season will be good for cannabis stocks.