$GPOR is nicely formed as Bullish Chyper on weekly, and confirmed the bullish reversal at $44. I am looking for a nice retracement for bullish entry. The volume is nice too. #GPOR
I have been watching and trading $AUDCAD for several week. Price Harmonic is mostly good here. From classic Channeling, Fibs, and Harmonic Pattern. I spot another Short Term Bearish formation here. I have correlation analysis on $AUDUSD and $USDCAD where the $AUDUSD is in range market and $USDCAD showing bearish reversal potential on daily chart. If those are...
$GBPUSD reached an intraday key resistant @ 1.6200 area. At Daily Time Frame, GBPUSD already tested Weekly Key Level @ 1.5880. There is bullish reversal potential here for long term look, and I am expecting It will build Inverse Head & Shoulder, where the 2nd should should be supported @ 1.5950.
$USDJPY has recovered from down move, but I won't be surprised for another bearish move to test 105.50-104 area, before continue its bullish move. This Long Tail will a reason for Bulls to come back when the price test that level again (105.35)
$EURGBP form Bullish BAT formation where 5th leg at 0.7950 area. The Pair is expected to up to 0.80000-0.8050 area then turn lower, as Daily Analysis is still in Bearish formation. If the pair drop lower before reach 0.8000 from this start, another lower support is expected to be around 0.7890/70 area. Summary : Daily Trend : Bearish. 1hr Tend : Bullish.
$USDCAD, is likely forming Bullish butterfly with potential D leg at 1.1020 area price level, which is also a Weekly Key Price Level. Before that level, current price level is also a challenging. Bullish target price is back to 1.1218 area.
$USDCAD reach the Weekly Level Price (WL) @ 1.1038 area, the Intraday build a Nice bearish Chyper formation on 4hrs chart. It is expected to meet lower medium term Daily Level (DL) @ 1.0980.
Both $JPM and $WFC are on bearish potential. WFC is very bullish stock all the time, but I am expecting for down move correction. JPM is more on bearish pattern. it has Bearish Gartley , Bearish wolf wave and Crown Pattern Resistant. $SPY is hovering down and I am expecting for down move for correction.
I have been looking for bullish opportunity for $CHK and price is likely formed a support on weekly chart. A Bullish Put BWB (1-3-2 setup) will be nice for start here.
$DEPO weekly chart formed bullish Gartly, there is no strong support analysis from professional analyst, but I like to watch this when it test the support around $10 area.
$ALK has form nice bullish butterfly pattern. The weekly also tested a support. Some Analyst has target price around $60-$70 area. Earning also bid the estimate by 3%+. Technical analysis is strongly supported buy its fundamental. #ALK
#CHK daily bullish chyper pattern potential is supported with Weekly chart analysis, where is in 78.6% fib retracement area. I am looking for bullish momentum to ride on it.
#Ford $F is looking for support, Weekly indicate bearish candle formation, and expecting to see $15. but first support will be $16.5 area. I am planning to ride the bear on its swing retracement.
$CHK is supported at 26.35 area and potential for bullish chyper with minimum target at 30.45 area. I am expecting bullish candle formation to ride the trend. #CHK
$WFC has been downgraded from Buy to Hold by some analyst. I am expecting WFC dive to $49 -$47 area. yesterday daily bearish bar is good reason for bearish move.
$CHK is supported at 28 - 27.5 area, Bullish swing is likely confirmed and my first target is 30.45 area to build crown top and fill the gap. A worst scenario is moving more deeper to 27-26 area and back to the top 30.45 are.. I don't think it will go deeper any time soon, if it does.. then.. "I KILL U..." (Achmed-JeffDunham)
$AMZN made a strong bull bar yesterday, but 337.20 - 340.30 is challenging resistant. Breaking this will fly the chart to north, but bearish reversal formation will dive the price to 310/05 area.
#AMZN is nicely resisted at 340/35 area. this is good for Bearish. EW formation also nicely build. $300 area is nice support. NASDAQ have bearish candle signal, DOW meet physiological resistant @ 17,000. a lot of reason to go Bearish now. Only breaking $340, I will go for short term bullish on AMZN