chrism665

chrism665

Disclaimer: Not financial advice. A breakout and squeeze as the last earnings established a trend reversal that is now breaking out of a small parallel channel. There's some good space in the next 24 bars/35 days to earnings to reach the next level of resistance around $39-$40, about 17% upside. The current lines of support seem to say there should be about 6%...

chrism665 Updated 

Disclaimer: not financial advice. The last earnings established a nice support (green rectangle) and prevented another swing to the downside of -2.0 Standard Deviations (the lowest blue line). I think we are straddling a few nice lines that will make for a good move real soon. The gray rectangle is where we have All Time Highs (ATHs). This has been a safe...

chrism665

Disclaimer: this is not financial advice, more like me talking out loud about what I am seeing and planning to do. Short-term pullback with some ranging action on the SP500. What predominantly fuels my idea is using Linear Regression and Standard Deviation. As many would know, both are very critical topics in statistics which also affects financial...