Despite the SPX correction of yesterday, the stock closed in a positive area giving us a green candle. Means Strenght. #stockstowatch #trading
If the breakout is confirmed, the pattern has a target of $448.(mol 18%) Stop $360 (-6%)
One of our Stocks on Alert. The slow triangle was broken, together with its MACD. Worst performance of last candle just following the performance of the market. #stockstowatch
Not sure about the possibility of a breakout. The current setup is different then those we previously had during this so-long downtrend. But the movement of today is not enough to confirm a change of the trend
Price is going up as everything in this moment. Stop loss raised to $340 from current levels.
We wait for a brake in the next sessions, strenght of last candles are a positive sign. We put a Stop below the green line.
Even so we decided to exit, we believe the upward trend is still valid. The MA7 is testing the MA14 but candles are green and correction of the last week was just a common take profit by investors.
#LOPE - We had a signal on Dec. 12. +9% so far. There is a signal of recovery after the most recent performance. There is a gap up still open. It must be closed in order to continue the up trend just started. The upward trend may be tested soon, near the green trend-line. Important news on Feb. 18. #TrendLine #StockMarket #Trading #Chart #Pattern #UpTrend
Our position in #ABEV #AMBEV started on Dec. 04 confirms a solid upward trend as shown on the chart. An important test is around area $4.73 (+-0.05).
One of our most recent open positions is $Hum #Humana The entry signal was at $348.14. Best performance at 7.12% The trend is near to brake both trend lines. We would apply the stop loss at about $360, that is almost half of the big green-candle of the 16 Dec.
#TPL #TexasPacificLand We started this trade on Dec. 16, and we have now a profit of 15%. At that time we had a market strenght of 4/5 stars. The price went up quickly (so far), and a consolidation area is possible. We'll check the area around $780 as possible stop loss.
One of our most recent signal was about #SYNT #Synthomer PLC, +18% since Dec, 09. The upward trend is still valid and solid, but red candles suggest to check the postion daily with a close stop loss.
The trade described on the chart shows what we did. Just follow us !
If confirmed this is considered a reversal pattern.