Currently in a downtrend. Lower high, with a closer pullback than any recent pullback. RSI is weakening, selling volume looks like it will rise as it did the last 2 pullbacks. 0.382 line was already hit previously, so I expect this to pull back to at least the 0.5 area (194ish) this time. The last major pullback did not respect the 200 sma, and I am not sure it...
This would have been a good short on Friday after it broke the trendline and tested the most recent low. Yesterday, the market took a beating, and BABA went down even harder (-$2.60 / -2.51%). It did test long term resistance in the upper 99's, and it bounced a little. We may get a little more bounce off of this support and the .50 Fibonacci, but the overall...
GILD - 3 min intraday chart. Indicators: Squeeze Momentum, Parabolic Sar, and VWAP These are new indicators for me, so I did this to help me to interpret and utilize them to execute an intraday trade. First, here is a brief overview of the Indicators used in this chart. The Squeeze Momentum Indicator is made up of 2 components: Graph Columns and Stars. The...
In this chart we see the price penetrate the lower Bollinger Band, and the Vix Fix Bottom Finder was triggered. We also have a "potential" higher low. Based on all of the indicators in the 3 charts, that is what I am anticipating.
In this chart we see 50 day ska support plus S1 Fibonacci support. I am looking for a remount of the 20 day sma. Stochastic is oversold and looking to curl up. We also see a slow orderly pullback and the volume pattern is also very positive.
I have made 3 separate charts for CYBR. The goal is to look for key levels of support and resistance, momentum, and time frames from different perspectives. In this chart we see a retracement to the 0.618 Fibonacci line, plus additional support from November, which happens to be 0.618 on the timeline as well. The previous low of 35,90 is between the 0.618 and...