I see a symmetrical triangle and a retest from below.
There is an uptrend expected as shown in the chart
I'm long on FB Just broke the resistance zone (after few weeks of struggling in a range)
It is oversold now and there should be a rally to $35+
HQU is a 2X ETF following the NASDAQ index. Based on the RSI and Stochastic and MFI I think HQU is overbought and must see a pullback to somewhere around 78% fibbo.
I see some signs of price jump in airline stockes.
I draw this chart weeks ago but it is still valid
Technical indicators: 100% technical buy signals 209.71+ Weighted Alpha 182.73% gain in the last year Trend Spotter buy signal Above its 20, 50 and 100 day moving averages 13 new highs and up 41.84% gain in the last month Relative Strength Index 73.88% Technical support level at 43.63 Recently traded at 45.43 with a 50 day moving average of 33.65 Fundamental...
Based on supply and demand strategy I see an opportunity for a 30% profit in $TNK
accumulation in OBV Oversold in stochastic Higher than usual buy volume fibo levels support and resistance levels
I see a wedge and a retest. I believe considering fed QE strategy, DJI will rise to around 29500.