Very speculative stock, nevertheless lets see if the right inverted shoulder materialized ^_^
a big forest view i will constantly update from here onwards
YES, indeed FB broke out of previous high of 82! Well done But: If this channel analysis is valid, FB has been engaged in this blue channel since July 2014, and price decided to take thing to its own hand, it has thus aboard with the purple accelerated train and it is about to hit the blue channel top! Base on the past pattern, i see a bump & dump, a fake out,...
what a nice falling wedge daily will be attached below
25 days ago, i thought i saw a F flag which is supposed to be bullish if it broke up. But it failed actually For the moment i am seeing a break down of a symmetrical triangle A % projection of next target lands at 39.36 while a price projection of next target lands at 38.22 which when you look left in historical price, can be traced back to around 38-39 Fingers...
Since last Aug 2014, seems like investors have more or less conditioned or perhaps due to natural reflection to "Buy the dip" It has been really working well for the past 4 times and one surprise. So this time it is going to be the same? Buy the dip for the 5th time???!!! xP
About 1 months ago, i notice that price then was about to break the blue resistance of 1.287XX. And it did and continue the green channel journey to meet the next resistance of 1.378xx There is a need to continue monitoring using smaller time frame for entry. I will be anticipating some spike up to kill the bear
I had 3 follow up post of Lumber futures to see the progress of the triangle breakout towards inflation or housing slump. Since like lumber is heading for housing slump I've decided to overlay LS1! vs SPX to see how they behave for the last two crisis. Orange line (Lumber futures), Blue Line (SPX) Red bold vertical line with a circle indicates the point when...
About 2 months ago, i issued short order or 23.01, 23.51 and 24.01. Two of the shorts were triggered. And 1st target of 19.98 as well as 2nd target of 18.80 Attached is my post for RDWR two months ago
i had a look at 2008-9 crude oil bottom, it took approximately 3 months of consolidation before it recovers NOW, price is embedded inside an inverted pyramid. But i see a F flag! is it bullish or will the price developed into a bear flag like the purple rectangle? So far, this consolidation lasted for about 1.5 months. There is no clear signal for me yet although...
this time i have a better divergence signal, cant it go higher? Yes it can 275-280 is ideal
2 months ago, i spotted a weekly potential tweezer top in RENT with RSI and MACD both showing bearish divergences. I was getting greedy and hungry. The impulsive decision without using smaller time frame incurred some initial losses when price momentarily hit 87.4. I choose to ignore this minor loss though price has not touched the channel top then. I had took...
Hi All, Apologize for very late update. I was reminded by some to update this. as the post attached below said, i shorted XOP at 74.5 base on the fact that price was rejected by downslope of 8 and 20 EMA. Profit target changed slightly to 69 Condition for such trade: 1st: Downtrend channel 2nd. after some upward retracement, price gets rejected by 8 & 20ema 3rd....
1st question: USO vs Crude Oil, seems like no leader and they are twins? Meaning that they share the joys and woes together 2nd question: USO has broke down its 2009 support while Crude oil has not even tested its 2009 support. What is going on here huh? I smell a rat
In time of market crash/turmoil/uncertainty, investor will nornally flock to TLT which is illustrated with TLT topping when SPX is bottoming and vice versa. However, since Jan 2014, new brotherhood has been forged between TLT and SPX, they go UP together. Now, is this only a one year tie or will this "brothers" get muddy together? Fingers crossed :-)
Hang Seng index is currently negotiating at the median line gateway. If it is rejected, we could be seeing bulls getting slaughtered
What a strong monthly bar for Vanguard total bond market.. It would be even better if the black line also breaks 0