orainblack

orainblack

Elon ruined the brand over the last 12 months, demand is shrinking and competition is heating up. TODAY, Price action produced a doji at a Fair Value gap. And this is the retest of the engulfing candle reversal followed by a 10 day MA break.

orainblack

This price action above the 50ma is to beautiful. If the 50 breaks its going down hard. And if it plays out the way the chart is saying .... get your money

orainblack

Crude prices are low, customer demand is at all time highs. I suspect a measured move back to supply at $30. Momentum and relative strength are both positive. Price also bounced off of a test of the 50MA

orainblack

The downtrend was halted by a high volume absorption pin bar, and supply has diminished significantly ever since. The last two candles consists of a giant bear bar with no follow through, followed by a Super high volume doji. A head and shoulder pattern has formed with the said pinbar been the left shoulder. For now there is a large rsi divergence and rising momentum

orainblack

AT&T has missed the entire communication's Bull Run and needs to catch up or at least rebalance higher. It's feeding off of the rotation into value and small cap stocks. It can start to break out fast without a retest if volume keeps rising.

orainblack

Ford has broken out, and retested support of this well developed falling wedge. Institutions are rotating into value and small cap and holding in mid caps. I see no sign to sell until at least the top of the wedge at $16.45. Momentum, volume and relative strength are all also positive.