mattlowden

mattlowden Updated 

NASDAQ:PLUG is a company I've had my eye on for some time. Their share price has plummeted over the last few years as a result of poor earnings reports & over-ambitious revenue expectations that fell embarrassingly short. However, over the past few months they appear to have improved revenue expectations and added some great clients, including: NYSE:TGT & ...

mattlowden

NYSE:KO has broken above a weekly TL & is above it's pre-China crisis stock price (which is more than can be said for many stocks). It's also consistently increased it's annual revenue, as can be seen here; finance.yahoo.com NYSE:KO obviously has buyer interest and I will be adding to my previous position of $38.5, over the next few days. As with all of my...

mattlowden

Not a pair that I trade regularly but I'm wondering if this double bottom will hold on $CHFJPY?

mattlowden

After an extraordinary rally for $USOIL today the pair is approaching the top of an ascending wedge within which it has been trading for several weeks. I'm planning on entering short at the top of this wedge and taking profit at the monthly pivot with a tight stop just above the monthly R1. I feel this offers a great risk/reward but I would to hear anyone else's...

mattlowden

After poor CAD employment data last week $USDCAD has tricked down, found support at the yellow line and appears to be forming an inverse H&S. I'm already long from the yellow line targeting 1.09420.

mattlowden

Despite the current CAD strength $CADJPY has seen resistance in this region in the past and I feel it's an appropriate area to open a short.

mattlowden

Further to this morning's "Triple Top" idea I'm now in the process of picking a good point to close my short and switch to a long position. Providing the 1.5170 region now acts as short-term resistance I'm looking to hold my position until 1.5110 before entering long.

mattlowden

I'm currently short on $EURCAD as I'm quite bullish on the Canadian Dollar, especially with some of the figures they've published recently. The pair seems to have formed a triple top around the 1.5254 region.

mattlowden

I'm currently short on $NZDUSD but after 2 days of remarkable downside the pair seems to be sitting in a similar price range that we saw between the 21st & 24th of March and I'm wondering if a head & shoulders pattern could be forming. Of course I may be wrong but I wanted to share this view. I'm still bearish on the pair near-term but want to keep an objective...