Toscana

Toscana

Markets were expecting Trump's speech wanting to get some ideas out of it but looks like it did not help a lot. I'm still bearish both long term and short term. Will use this zone between 113.800 and 114.000 to enter shorts with targets 112.600-700

Toscana

Good earnings, but poor guidance. Has broken down a long-term support zone at 37.70-38.00, next target at 35.00. I’d prefer to short against 37.70-38.00 and hold.

Toscana

It was a very impressive week for XLP – actually it’s 3rd impressive week in a row. What is XLP? Milk, bread, salt, cigarettes. Just when do we usually have a higher demand for this? Anticipating the tough times to come. I monitor XLP and its correlations with other ETFs to get a bigger picture and – probably - some real advance signs of what to expect. This...

Toscana

Still think we’ll have it in consolidation between 1.05 and 1.085 for a little more time. There’s no leader and loser now, both are very shaky, highly dependent on noise coming from everywhere. If the conso is our case for this week, then it’s gonna be a good time for both momentum longs and shorts against 1.055, 1.062, 1.068, 1.077.

Toscana

Here again I take CAD much stronger than swissy. A triangle from last week idea is still in force, but the consolidation inside is visibly gets tighter. So I think a breakout is fairly possible here. And if this is a case for next week then it opens a gate thru 0.78 into 0.795. I’d get long a bit on breakout and then add if stays above 0.78.

Toscana

Three days losing streak here and - which probably is more important - yesterday it broke down a faily strong support zone at 112.5 I'd expect it quickly gets next support at 111.5, then there might be a kind of rejection into 113.0 and a move back down. Gonna be a good week for momentum plays.

Toscana

OCLR lost 18+% since then, great advise :-) www.forbes.com

Toscana

this trend was very nice, but looks like it's over now. on pre-market it trades below good support 22.40, if stays there i'll be looking for shorts with stop just avove and targets at 21.80/21.40/21.20

Toscana Updated 

Long since yesterday on my alerts just above 1.05, got good price on test, stop is very tight and size is small. so far. would not mind to hold into 1.075-08 but gonna watch carefully. first target 1.062

Toscana Updated 

I have been watching the tape closely for two days, somehow I would expect a breakdown with a first target at 234 zone.

Toscana

It trades now below support of 35.35, 5% below yest. close. Vols thin thou. Good short if stays below this level w/target into 34.70-80 area

Toscana

EUR/GBP is approaching an important zone around 0.83. I expect a serious fight there, and having in mind EU turmoil I'm not sure at all this uptrend will not be broken. Until the price is there my bias will definitely be short.

Toscana Updated 

Just covered half of position initiated last week at 1.395. Gonna add a little off of this longer-term trend line. But still watching closely 1.38 zone for if it becomes a strong support here.

Toscana Updated 

Was sold aggressively on Fri into strong long-term support at 14.30 area. Closed into day's low, huge volumes. To me this is a sign for local downtrend continuation w/target at 13.00 zone. 5 mins chart:

Toscana Updated 

CLF is having a good time recently, with 70%+ upmove since last November. Now that it's drawn this flag maybe it's time for a next up leg targetting 14.00

Toscana Updated 

The situations when the broad market and defensive sectors move in the same direction are quite rare - on normal market :-). The reason - participants reshufflle their money. We're now experiencing this unusual situation. Looks like this money just do not want to wait for correction and started to hedge beforehand. Almost same chart we ahve now in XLU

Toscana Updated 

Stock cleanly broke a long-term downtrend in a rather textbook way. Established some shorter term levels to watch and to trade off of. For these coming days I'd look for long entries at 13.20-13.50-13.80 with the target into 16.00

Toscana Updated 

I'd looking for longs here. Since last Monday it's printing new all-times highs. Seems like 32.50 and 33.00 are gonna be some level indicate whether this my long bias is correct