pDarshild

pDarshild

Posted couple of days ago regarding this..

pDarshild

another stock that is breaking out after long consolidation.. look for it to push towards new highs

pDarshild

after consolidation above the moving averages, finally broke out. Looks good for continuation

pDarshild

50% retracement line and prior support seemed to match up pretty equally so it was highly likely that price would come to this point and halt. Still like the continuation of the trend though..

pDarshild

many of the patterns in terms of stocks are not playing out so sitting out and waiting for SPY to determine the direction is the best action of plan here..

pDarshild

might just break out with earnings .. I like what i see here

pDarshild

the move out of the pennant should propel this up to make a run towards filling the gap and target the 50% retracement area

pDarshild

AAPL should continue its move upward..

pDarshild

This could just be the double top and end of the run for the banks..

pDarshild

Finally silver has pushed out of the downward parallel channel.. now the next likely destination would be the 200 MA resistance

pDarshild

I expected GOLD to reach to its 50 to 61.8% retracement.. we are at the point of 50% and previous support now resistance. Interesting to see what happens now but weakened US Dollar should help push metals higher

pDarshild

still consolidating ..

pDarshild

Never a great idea to hold a long position with very strong bearish close (weekly). Wouldnt be surprised if the bleeding continues onto $5 range

pDarshild

Good close out to the week.. Fib levels target is still around 230..

pDarshild

Consistent move to $22 is high probability

pDarshild

Its been in this long triangle for a while now.. can this earning it finally pushes out into forming a new trend up. Likely!!!

pDarshild

GILD needs to push out of its resistance quickly or else I wouldnt be surprised if this crashes down

pDarshild

Moving out of the base.. likely to test its highs of ~92!