COST has been on a strong uptrend this past year, reaching $500 would be such a milestone, and it nearly had a breakout September 24 - COST double bottomed + rounded volume is a good indication + high levels volume after earnings changing the momentum - Stochastic Slow plot line crossed signal line A close above $468 would be official conformation of a...
V has been looking to make a trend reversal and it seems the market hiccup September 20 was the catalyst - V is confirmed to be in a bullish divergence + the chart shows two recent lower low's + slow stochastic shows higher lows + five EMA crossed 200 EMA - Fibonacci retracement shows price target at $238.68 + prior resistance is $238.10 V is on a...
Since later August MSFT has used the $305 trend line as resistance but it has not been able to breakthrough - Right angled descending broadening wedge is looked at a bullish a bullish pattern + close at $306 is breakout - Increased buying volume in the formation of the pattern + increased selling volume September 17/20 - Strong bounce off $289 support...
FVRR is in the middle of filling a large gap, but there are several resistance levels on the way. FVRR tends to respect these support/resistance levels, and consolidate for a bit. + MACD/RSI/5 EMA w/BB are great indicators to use to help determine if the price will fall FVRR seems to be a contrary stock, so while the other top stocks (i.e. MSFT, FB) may be...
In the past, many believed FB was going to the $400 and looking back at some charts - FB was not going to. FB was moving down the trend line and broke through two support levels. It fell back to the gap. From here the top trend line. drawn on the three minute chart, looks to hold. There is a new support level. Next week we should know whether it is going entering...
CRM is one of the few stocks in my watchlist that has actually had a green week. After revisiting it seems to make sense. - The stock fell to $252.19 (September 13), touched the 50 EMA ($252.25), and has been trending up since. + MACD line looks to cross the signal line + RSI is over 50 - Fibonacci retracements has next level of resistance at $277.11 Some...
If you go back and look at my previous chart you can see I have been waiting for FB to make this move and now I think it is going for $400
FB has been in a strong uptrend and it follows a certain pattern - FB tends to respect the 1.618 fibonacci, and it was set at $365 + FB bounced off another possible support at $372 and $384 was the breakout and it could not breakthrough + It is currently trading in a descending triangle - looks to come back to that $365 point * $365 is a previous...
V just came out of an double top trend and it looks to have a strong reversal - In the past, V has respected the midline of the pitchfork as a resistance level + Fibonacci extension have resistance level at 245.28 + According to pitchfork that would be around October 8 - V tends to respect the 4.618 fibonacci line + It bounced off it perfectly as a support...
MA is at the bottom of a double top trend and now it looks for a nice move - The gravestone Doji at the bottom of the trend signifies a reversal + Where the Doji was the RSI was at its lowest which is another indicator of a reversal - The fast moving MACD (5,35,5) line just crossed the signal line - MA typically uses the midline of the pitchfork as a level of...
JNJ has been coming off a slow moving uptrend and it seems to be slowing down - JNJ looks to test the previous high + Fibonacci extension has reversal at $168.5 + Bottom of the channel has reversal at $169.87 - $169 - RSI is heading close to oversold - Price broke through pitchfork so it looks to hit reversal in the next day or so - If the price high...
MA is at the bottom of a double top trend and now it looks for a nice move - The gravestone Doji at the bottom of the trend signifies a reversal + Where the Doji was the RSI was at its lowest which is another indicator of a reversal - The fast moving MACD (5,35,5) line just crossed the signal line - MA typically uses the midline of the pitchfork as a level...
V just came out of an double top trend and it looks to have a strong reversal - In the past, V has respected the midline of the pitchfork as a resistance level + Fibonacci extension have resistance level at 245.28 + According to pitchfork that would be around October 8 - V tends to respect the 4.618 fibonacci line + It bounced off it perfectly as a...
FB has been on a strong upward trend since for about eight months. Over the past few months, FB has constantly respected the 1.618 line of the fibonacci extensions. Based on that I am predicting FB to go up to $396-402 in the next couple of weeks. - Support zone was between $373.18 - $372.51 - FB made a strong drop to $373.15 and made a strong reversal up -...
COST has been on a mission and has been trending up strongly over the past few months, but will that trend reverse soon? - AUG 27 COST bounced off my pitchfork's support level ($446.41) and is trended up since - Using fibonacci extensions, $466.68 seems to be the support level - that aligns with my pitchfork's support level As for a longer term move, it is...
TGT has been in a strong uptrend for months now, it seemed as though it was making a reversal but last week the downtrend momentum began to slow - The strong uptrend of TGT is filled with bull flags, and it seems to be going through another - Support channel for TGT was $241.23 - $237.67 - TGT made a strong drop to support line at $241.59 and began to go...