Ambarella, Inc. is a developer of low-power, high-definition and Ultra HD video compression and image processing products which is a major supplier to GPRO as much as the stock is in strongest trend, i am going to short on the red oval area, but i will monitor price
For the last 2.5 trading days, tuesday, wednesday and friday, DOWT was rejected at 9200 on each attempt. In fact, when oil plunge on Friday morning when trading resume, DOWT broke the 9200 resistance but it was short-live. By mid-day, bears broke out of the cell and push the index from 9310.22 down to 9198.20 making a "Shooting Star". I am wondering who let the...
Technical, with the bullish hidden divergence where price doesn't fall alot but MACD looks oversold, i bet that a reversal is nearing, which continues the uptrend and we have 3 consistent weeks of dip buyers making the 8600 support really strong it looks like a bull flag if it breaks UP i will presume IYT also looks the same (which will be a good long), will...
Following up with my previous post on BBRY, i would expect price to break out above 11 Just 7 trading days ago, lots of talk are about break outs!!! Yes, it broke out twice, first is the resistance of 11.12 and then 11.63. By then, i was very ready to short because price had flied too far away from my favorite 8ema. (I am not at all worry that it might shoot...
Finally exited another of my put option contracts.
With the worry of interest rate hike, businessmen are in no mood to entertain themselves in the gaming and hospitality industry - which is evidenced by the freefalling price of Wynn Resorts. The Institutional House laughed the loudest as they initiated their short position almost at the top of the uptrend channel, and scale up more once moving averages are turning...
Pathetic state of copper if blue region can't support, we could see it drop to ~1.63
Well, human behavior repeats and so does price cycle? 2014 saw a 3.5 months of consolidation before a substantial move, is the pattern going to repeat? If so we could have a new catch phrase in stock market, "Consolidation in May" to replace sell in May Lets check on how the 9 sectors are performing for the time being (bullish case) 1. XLI (W bottom) 2. XLB (a...
big wave is lurking under a calm surfaces ^_^ i shall let the price tell me what it wants to do
Who listen to heavy metal musics? ^_^, i do well, is the metal commodities are about making their way back fundamentally? Platinum price could be in the bottoming process of forming inverted Head and shoulders Ideally, price should not break too low below right shoulder and in case price breaks beyond the head, the entire IHS pattern will be rendered invalid. i...
Conoco had a massive 2 years topping pattern that tanked at 41. Price is revisiting neckline ideally if this is the topping HS, price will get rejected around neckline 58-62 will be a short region, wait for the wick, beyond 63 this HS becomes invalid or busted HS final target back to 40 or lower P.S. know your risk if you are shorting
Either make or break 60% bullish bias don tell me 2000 euphoria going to be repeated again
That was a blooper from 71 to 9 dollar Could this be investment grade stock? Well it worth me going in P:S. always beware of potential downside
Renren was founded by Joseph Chen in 2005. Chen, a graduate of the University of Delaware, Stanford Business School and MIT, remains the chairman and CEO. In March 2008, Xiaonei launched its WAP version, which users can access through mobile phones. Xiaonei features an instant messaging service designed typically for its users using XMPP, which is more popular...
well, technically speaking a HS need the price to touch the neckline, rebound by making a head, touching the neckline and finally touch the neckline again to make right shoulder in summary, it needs a 4 overall hits to be qualified as HS, not even a pseudo HS to me Any comment?
alright, SPX500 cfd has been in consolidation mode since Jan but it become more prominent after Feb. 2040-2120 is this freaking ZONE in March i noticed a failed HS or (busted HS) that couldnt break down and now i am seeing a potential IHS.. and if IHS breaks up the measure rule is shown
Price is caught in No Man's Land again. This region is extremely important to determine future direction of the price 2003: Bull Won 2008: One big red bar, bear won hands down 2010: Bear Won the bloodshed 2015: We are in it AGAIN! Interest observation: There is a smaller IHS within the big inverted Head
I am not pro here, so i cant have 2 screens inside one post but i will post the 2008/9 for comparison at the comment below If you can have two screens comparing side by side or overlay of these two "bottoms" please do add in the comment thanks Have i missed out the most important and yet obvious observation huh?? Is this time going to be different or history of...