1. R1 $21.90, R2 $22.50 2. S1 $20.85, S2 $19.50 SLV has accelerated its fall from $23.00 and the price is trying to break back above $22.00. Given the current overall market condition with SLV on a correction trend, for warriors wanting to catch the bounce, can enter at $20.90 with a take-profit target of $21.90, stop loss at $19.95 (a must have to DT). For...
1. R1 $21.90, R2 $22.50 2. S1 $20.85, S2 $19.50 SLV has accelerated its fall from $23.00 and the price is trying to break back above $22.00. Given the current overall market condition with SLV on a correction trend, for warriors wanting to catch the bounce, can enter at $20.90 with a take-profit target of $21.90, stop loss at $19.95 (a must have to DT). For...
AAL has finally broken below $20.00. I have been waiting to add to my current position (which entered at around $19.70 last week) for four weeks already. Patience does matter for blue-chip stocks such as this one. And adding gradually instead of all-in at once is also true. Will be looking to add more shares at 19.20ish and then at 18.62. The optimal entry point...
1. R1 $9.50, R2 $10.60 2. S1 $7.57, S2 $6.55 Given the current market momentum it’s IMAO not to touch shares as profit targets are hard to determine, but in case you still want to trade, FCEL is less risky compared to those already over run. The optimal entry point is around $6.60 but for those who cannot wait, can place your first lot of entry at $7.57 and then...
This is a long term buy and hold strategy. The price action of AAL has been consolidating exactly as we suspected before, with an optimal entry price of $21.50 with long term target of $25.85 and beyond. If the price falls to break below $21.97 for another week then move your entry to $22 and hold beyond $26. Since this is a long term play (over 1 year period), no...
1. R1 $23.00, R2 $25.00 2. S1 $21.50, S2 $23.00 This is a long term buy and hold strategy. After waiting for 2 weeks, AAL indeed consolidated from its last high to a better entry level. The optimal entry price is $21.50 with long term target of $25.85 and beyond. Since this is a long term play (over 1 year period), no stop loss is suggested, and your entry should...
1. R1 $25.00, R2 $25.85 2. S1 $23.46, S2 $22.44 This is a long term buy and hold strategy. AAL has fallen from its last high of 25.85 to 24.24 with little signs of slowing down. Wait and see if $23.49 get tested, this can also be the area where first entry can be made with small position sizing only. Should it continue to fall, $22.44 is the next level to watch...
sp500 very clear to strategise if u are bull, wait to break above 3860 to establish the bull trend if u are bear, short at the current level or near the retest of 3850. SL at 3870 Easy as ABC
1. R1 $1.80, R2 $2.0 2. S1 $2.50, S2 $2.19 Daily price actions have been consolidating into an upward trending channel. The prices have been holding steady around the $1.60 mark, which validate the lower of the channel line. Buy at support at the current price, 1.65, with a target of $2.0 initially. More expected targets are $2.40 and above. If you wish the hold...
1. R1 $8.30, R2 $8.95 2. S1 $6.62, S2 $6.20 Daily price actions are showing a correction from its last run from $6.62 to $8.30. The overall pattern attributes to wedge shape in which the support of $6.62 is being tested. Limit entry price between $6.80 - $7.50 would be reasonable with a price target of $8.30 or above (if the overall stock market does still hold...