jangseohee

jangseohee

Ever since GE hit the all time high of around 60 USD back in Sept 2000 and got sold off subsequently, not able to stage a comeback of any sort.. Fundamentally: GE has ventured into many non-profitable business which is reflected in the stock price the stock price has been in a SOLID downtrend channel line If this channel holds true until its next bottom which is...

jangseohee

WLB has been on a exponential price bandwagon since Jan 2013 finally ending with yet another high spin wave candlestick. How much higher can it goes? I would prefer to take the short position at 43-44 knowing the upside can be > 44. RSI has hit the resistance as shown in the horizontal line.

jangseohee

One of the famous value investor will like this security. It behaves so cyclically as expected since July 1996. 1. Price action: the tops are about 7 years apart, and i would expect the next top and highlighted euphoric moment around 1Q of 2015 or faster, (i may be wrong) 2. Pattern: This is a long term downtrend channel and yet an even longer term bullish flag...

jangseohee

Many stocks are revisiting RESISTANCE left behind in 2007. So as Fidelity National Info Service. RSI uptrend line has been broken. I need to see price close below the current uptrend line and MACD break below its uptrend line too to show hand my short position! Hold your horse at the moment!

jangseohee

After an interval of 7.5 years, Tesoro Petroleum is revisiting the previous RESISTANCE etched in mid 2007 market top. For the double top of 2007, i can see that RSI is making lower high 1 & 2, therefore making it a bearish divergence which materialized into a full bear. Again, since Apr 2013 until Aug 2014, a supposedly double top has again happened well inside...

jangseohee

AMEX has been on a short term pull back since touching the temporary low of 85.75. After spending two days hovering around and trying to break through 89.75, it was rejected twice. This 38.2% is one of the potential pull back and reversal level.

jangseohee

Since Mid May 2014, the FTSE 100 has been expanding gradually at an downward angle.

jangseohee

SKX is havin the most euphoric state. I am gonna short it for sure!!

jangseohee

Is it a coincidence that since Mid 1999, whenever a good long term uptrend line is broken with CCI move below 0, we have full fledged correction or bear market?!!! Currently, DJIA satisfied only one condition - break of monthly uptrend line. We need CCI to move just below 0...

jangseohee

This US Oil Fund ETF had a plunge from Mid 2008 Summit and has been consolidating since 2009 bottom. Now it seems that price is doing a ascending triangle, look for resistance at 45 if price break out of this triangle at 39!

jangseohee

On a monthly log scale basis, AAPL has had a nice leg of uptrend since April 2003 in which the uptrend line was broken in Jan 2013. An decade anniversary of uptrend! Now, the price is coming back again to re-test the MAJOR Resistance at 100.72. MACD & RSI both are going to have lower high even if it breaks the resistance. Last and important clue, for those who...

jangseohee

CAC 40 Index has been engaging in a long term down trend since its all time TOP at Sept 2000.It made a lower high on June 2007. The downtrend resistance line will be completely Valid if the price make another leg of internal high around 5100 depend on the time From MACD point of view, i would love to see a divergence while CAC 40 make another higher high against...

jangseohee

STZ has had a nice leg of uptrend since 2009 double bottom Following the initial uptrend channel, and at the end of it a monthly surge of volume causing a breakout above the uptrend channel resistance. Price action continue there after exponentially until a price rejection. Irregardless of which way an uptrend line is drawn, the uptrend is officially over for...

jangseohee

During the dotcom bubble crisis when Nasdaq make the TOP, i saw the it intentionally left a GAP filled only by wick/shadow. 14 and a half year latter, the price of Nasdaq is just a stone's throw away from filling the GAP with many small month solid candles up to ard 4550 and beyond but bound by the rising wedge!! Correct me if i am wrong, i personally feel that a...

jangseohee

Ever since Warren Buffett had invested in Coca-Cola since 1980.. the price has been escalating linearly until a top at June 1998 which coincide with Asian financial crisis. Unfortunately, for those who invested in Coca-cola ever since, the capital gain was not impressive at all besides the dividends. After almost 16 years, Coca-cola again began this...

jangseohee

Since the March 2009 market bottom, the price has been trapped in RISING WEDGE nicely ever since. This Russell 2000 index is a representation of DJIA, DJTA and SPX, meaning that all DJIA, DJTA & SPX are having nicely run monthly log chart of rising wedge!!! Prepare for next euphoric state!

jangseohee

This is a weekly log scale chart of DJIA. MACD and histogram bearish divergence for the three TOPs. I would not be surprised to see DOW heading southward.. Trading is a risky business, this is only a plausible trading signal. Please remember to consult your investment consultant. :-)

jangseohee

Another look at DJIA in log scale since the top of Jan 2000. The past two market TOP correspond very well to the dead cross of MACD lines. Just two weeks ago, DJIA hit another all time high well within the top resistance but quite terribly MACD lines has the onset of dead cross. Based on this study, it seems that DJIA has came to the 3rd stage of Stan Weinstein...