adamivori

adamivori

hypothetical expectation on SPY - head and shoulders before the big drop?

adamivori

Looks like a bullish pennant has formed here shortly after the cup and handle formation. The converging trendlines over the last couple of weeks seem to have set into its consolidation period. There is also an indication of weakening volume. Looking for a breakout @ 11 to confirm entry for a swing.

adamivori

Heres how I entered my long position in $EXPR: On the daily chart, you can clearly notice the cup formation. Once I felt the handle had formed after some consolidation and testing support levels, I entered into a long call position off the support bounce from $4.5 setting my strike price for $5 (.30 cent per contract) EXPR didn't fail me once over the week,...

adamivori

Speculation & Technical Analysis • Support seems to hold at 13.7s • Could be a possible short for the week if support breaks 13.7s (sell at 13.20s, < .5/per share profit) • Friday 4/1/16 forms consolidation breakout, could see reversal Fitbit Analysis • Down 70% since August • Market could grow by 40% in three years, Ladenburg Thalmann • Revenue grew more than...

adamivori

Possible Hold Speculation & Technical Analysis • Double top formation o Could be bearish o Wait for confirmation, around the low 9s to breakdown (Short) o Double top reversal @ low 10s (Long) Chinese Aluminum Market/Economy China Driving the Commodity Rally • Chinese aluminum production will likely increase by 1.4 million tons this year • Negative impacts because...