So we're going into earnings and a lot of people are saying long MSFT. I honestly cannot see the appeal in this. Earnings play maybe but the current chart is very much bearish and is following history. It was in a downwards trend as you can see with my channel but broke out. I think it will use the top as support if not break through it to cover some gaps. I'm...
The river has already run red and it will again. It touched the triangle bottom for resistance and is about to head back down to 30 if God is on my side. Entering as soon as I can Friday 1/8/17 in a short vertical. Happy trading!
Chart is not detailed I there aren't that many channels to be drawn but its a pretty solid bet
Lots of short indicators. Would trade at least for the short term if not long. Keep in mind the graph is logarithmic so the gain could be quite substantial even with a quarter of target movement.
After so many absurd gaps up it's time to deflate the balloon a bit. Strong MACD indicators for NFLX retracing
VIX is showing strong technical signals and with the market being the way it is I believe we are actually in the spike. Not of the early 2015 caliber, but similar.
A lot of weird stuff going on. Market unpredictable but the technical analysis screams get out, but there are signs that it won't last long
TWTR is flawed deeply from a fundamental standpoint with terrible monetization. I think that spills over into the technical analysis. I have only found 1 trend that it adheres to, nevertheless I have never seen a chart this easy to follow. On a weekly chart TWTR's trend switches almost immediately at the crossover between 9MA and 9EMA
Some signals beginning to form
A clear head and shoulders pattern has appeared. Target $56 by September Moving average crossover and acceleration bands correlate strongly with head and shoulders pattern. Possible long term short if it hits neckline