Cup and Handle formation on 15min chart. Refer to my other idea about the long term targets for NEBL. Lets get some volume and make some $$$
Using Fibonacci Extension tool, NEBL seems to be stepping up towards a breakout. Volume needs to come in, but if it does, we can certainly see a test of the 1.618, which happens to match perfectly with the next weekly resistance level. With the bullish movements we've been seeing across the alt-coins, I believe NEBL is a sleeping giant. Potential gains of 70%....
Looking for a higher low on this current move to confirm the trend change. I would expect a retest of $7k, then upwards to the next resistance. Volume is the key, we need to see more volume for this to run.
SBUX looks like it could be setting up for a nice bounce back into the $86-87 range. Then, as long as we hold a higher low, onwards to $90-$92. Weekly & Monthly charts are still showing a need for further correction, however, I do believe there is opportunity for a relief rally here. There was a lot of buying into the close today. Lets see what happens in the...
just my averaged prediction off fib levels and support/resistance. Just wanna see how close I can get it.
Ive been watching this chart for a few weeks, waiting for the pull back, i think this is it, i'm going to start averaging in, maybe hedge with some options
We have seen a rally since earnings call in AMD, now reaching the upper trend of the price channel we have traded within since February. RSI is also hitting upper resistance level. Given the technicals, I feel there is an opportunity for a short term play on the expected bounce off of the upper resistances.
The final ruling in the anti-trust case against the proposed AT&T-Time Warner merger is expected on June 12. Either way the decision goes, price movement is likely. Current prices suggest a recovery from the recent decline. Options strategies that hedge against movement in any direction may be profitable.
Comcast (CMCSA) has seen a 7% price decline since earnings, even though they recorded better-than-expected returns and revenue. They have also recently made a hostile bid for the assets of 21st Century Fox, threatening Disneys current bid for the company. The price is currently at a level of previous support. I expect an upward price movement in the next few weeks.
Oil ETFs saw a sharp sell-off last week over concerns regarding Russia and Saudi Arabia. Given the support levels of the channel we have been trading in, I would like to see a bounce to the upside in the near future. Upcoming OPEC meeting on June 22 is a cause for caution in the energy sector, making volatility likely.
After a sharp sell-off, due to the factory fire that temporarily shut down production, and expected under performance in first quarter earnings. It now seems like Ford is gaining some strength again. The earnings call provided a pleasant surprise to share-holders, topping estimates made by Thomson Reuters. With an 18% surge in revenue from Europe, and plans for...
Bitshares (BTS/BTC) has a beautiful cup and handle formation on the daily chart. We have a nice, rounded cup with low volume at the bottom, then increasing on the sides. The handle retraced a textbook 50%. Measuring from the bottom of the cup to the top of sides, we had an increase of 0.000027BTC. We then use that as a target increasse for the breakout. End...
As we can see, BAC has broken out of the corrective downtrend, with three consecutive green candles. Not quite three white soldiers, since they are more spinning tops, but they are a bullish sign nonetheless. We broke through the $30.00 price point a few times today, but tomorrow we will need to get above it with some conviction in order to let it become support...
drastic sell-off, should have a nice bounce. be careful, I don't know if there is a fundamental reason for this drop
We have touched this support region (4) times, highlighted in green. All the oscillators are ready to cross over. I think it wants to run. We may just consolidate for a bit, but I highly highly doubt we will drop past this level. I have my stop-loss at 0.00004375. Risk vs Reward is very nice. Good luck, let's get that friday paycheck!
XLM is at a critical junction. Two different price trends, as confirmed by green/red bubbles, have converged at a single apex. We are setting on the top of the ichimoku leading span A (green cloud), which will often act as a support and cause a bounce. We are looking for volume! Once the buyers come in, short positions will start closing and a chain reaction will...