WAY OVERSOLD and oil companies cannot function at this level. There will likely be another cut coming soon. Stay within the lines. *I trade based on 1) Opportunity, 2) Fundamentals, 3) Chart Trends, and 4) Pure Luck. Follow me and Let's Win Some Money Together.
Short term Bearish indicator. Likely to head down. Trade within the Lines. *I trade based on 1) Opportunity, 2) Fundamentals, 3) Chart Trends, and 4) Pure Luck. Follow me and Let's Win Some Money Together.
Again, there is a show of divergence. It is just a matter of time as this graph needs some breather. I expect that at the opening of the market, it will likely hit 288.62 resistance and move downwards or even open below 284.77 support and move down to fill the gap below. Good luck. *I trade based on 1) Opportunity, 2) Fundamentals, 3) Chart Trends, and 4) Pure...
Hitting the resistance with the Trump pump yesterday. Will need to fill the gap. Take profits. *I trade based on 1) Opportunity, 2) Fundamentals, 3) Chart Trends, and 4) Pure Luck. Follow me and Let's Win Some Money Together.
Divergence with the price hitting the resistance. *I trade based on 1) Opportunity, 2) Fundamentals, 3) Chart Trends, and 4) Pure Luck. Follow me and Let's Win Some Money Together.
Good news from Trump! He wants to open up the economy but the decision ultimately lies on each State's governors. Likely will be heading higher but follow this line until the earnings report.
Hi All, I am testing this Ex-Dividend Put Play after a huge success in doing AT&T (T) dividend play. ABBV is to distribute $1.07 as a dividend, and on the ex-dividend date, that much will be subtracted from the share price. ABBV closed at $71.24 and subtracting $1.07, let's hope that tomorrow, it will open around $70.17 without calculating other factors. If...
Expect this to go down to the next support 87.75
ex-dividend play T offering $0.51 dividend, therefore, in theory, the price of the stock will drop in the AM by such amount. Expect it to drop down around to 33.67, which is the next support line. If it does go down more, expect it to drop around to 33.00.