francisc11219

francisc11219

The AMEX:SPY has been in overbought territory for a considerable amount of time. It has made all time highs while common indicators like RSI, MACD and OBV are making new lows and diverging from the current price trend. There hasn't been major pullbacks in the year and the market may be poised for a pullback in the short- medium term.

francisc11219

OANDA:WTICOUSD has now approached buying zone. The following trend indicator is based in a combination of two bollinger bands with both one and two deviations. When the price enters the higher-end of the channel, it means the trend has started and its time to buy now. The current political tensions in the middle east should provide some support to the current...

francisc11219

TVC:USOIL Shorting oil with take-profit target of 50.348 and a stop loss of 52.938. According to the daily chart, oil topped and retraced from R1 resistance in classical pivot points, it hasn't been able to close above this resistance and a major candlestick suggests that, for the short term, oil won't surpass R1. MACD is algo turning bearish, its histogram is...

francisc11219

Mik stock closed below the middle bollinger band, both the MACD and the CCI indicators are showing bearish signals. The stock is below its 200 and 50 day moving average. According to IBD, this stock is perfoming truly bad compared to other stocks (Has a composite rating of 26, while top stocks have it under 98-100). I truly believe this stock can't go any higher...

francisc11219

Price closing below middle bollinger band, the MACD is showing bearish signals, previously QRTEA was overbought, so it makes sense it will go down. This stock is below the 200 moving average, just closed below its 50 moving average, and the 10-day moving average is crossing up the 5-day moving average, all of this adding up to this market correction makes it a...

francisc11219

There's a strong chance Apple's stock AAPL will get hit anytime soon. RSI and CCI indicators seem to show an overbought state, MACD is slowing down, with histogram approaching to negative values. If you look at the fundamentals, an increase in stock price wouldn't justify it, the stock already hit analyst ratings, with a potential 1.93% downside taking into...

francisc11219

Short setup, volume has been decreasing and WIX has been reaching resistance levels.