Syncubate

Syncubate

For detailed analysis, please see our blog post dated 7/20/14: www.syncubate.com A tug of war is in play here between the bulls and the bears. This is now the second time since the beginning of July that the 20 Day MA has served as a support on a pullback. Although Friday's trading action was no doubt bullish, -DMI is still poking its head up above +DMI, as...

Syncubate

WWE caught our attention a few weeks ago. A blog post was published on observation of the chart consolidation between $11 and $12 since the middle of May: www.syncubate.com Today the stock broke out above $12 on strong volume. Currently 3.7 million shares traded; average volume is 2.23 million shares. Worth watching for potential continuation of bull move.

Syncubate

In our latest blog post, the subject of trading losses is discussed, with an emphasis on establishing rules and having a trading plan in place in order to overcome hurdles and facilitate one's long term success in the markets. For the detailed blog post, please refer here: www.syncubate.com This chart on QQQ is an example of framing a trade, such that one has a...

Syncubate

This trade set up was mapped out last weekend here on Tradingview and on our blog as well. The break of $140 support on Monday's trading session and close below it ultimately was the giveaway to look for buyers to come in at the next support levels. The pullback this week took Z to as low as the $124 support area on the chart on Thursday morning. Buyers swept in...

Syncubate

The $240 area for TSLA has been a formidable resistance level both in the recent run up as well as back in March after the pullback from all time highs above $260, as noted on the chart. Today's candle may be indicative of a temporary relief in selling pressure, as bulls swept in and bought the stock at the lows just under $215 to close for the day at $219. If...

Syncubate

Selling pressure pushed price below the $140 support level today. Next key support area around $130/$132. Resistance above at $140 and $145 areas. -DMI crept up a bit today. Bears are flexing some muscle, but bulls are still in control on the daily timeframe, with +DMI still above -DMI. ADX line beginning to point down - trending move higher overextended? Blog...

Syncubate

In reviewing the daily chart for Z, the strong uptrend since the middle of May has continued without any significant sell off. Note that there are several price levels to keep an eye on during any pullback, as noted on the chart. In the near term, the $140 and $130/$132 levels are support. The stock broke through $140 with conviction early last week after...

Syncubate

WWE has found a floor of support below $11 and has been trading between $11 and $12 for over a month. The $12 level is near term resistance, and price action seems to indicate that buyers want in more then they want out after the significant sell off in recent months. On a fundamental level, the company is struggling to prove the viability of its streaming...