Raytheon stocks after 2009 went sky high. Time has come to short them soon!!!!!
Standard Chartered Bank (SCB) PLC near filing bankruptcy SCB could not hold the 2009 financial crisis low and made a all time new low. And barely surviving. Time has come to remove account from the bank as it will trade below $3 or even lower for sure in coming months. I used to work there and was one of my fav bank, but looks like time has come to an end...soon....
Well looks like HSBC is hovering 2009 financial crisis. Time has come to short them again to go to zero or so. Red line will act as resistance line. Time to re-enter.
Black line a Temporary bounce after hitting the black line but most aggressive manipulators can hold for the below line for max profit. There will be a strong bounce once hits this Red support line but once broke it will go down to $4 or below. Take out profit and go short after few weeks. =============================== At least this is the start of the another...
I just created a red dotted line from last week's low. Probably that will serve as a new resistance line. But I would like to see touching the black solid line for a retest and then go back to lows which will confirm that US Market is in a BEAR MARKET.
If it breaks the temporary green line then go short but stop when it reaches the black support line to recover short.line. www.thestreet.com
ProShares UltraShort Nasdaq Biotechnology ETF BIS has already build up its base line or support you can say. It is the only stock (ZBIO, LABD) where the price line has clearly shows the support over the last one year period of time from July 2015 till Aug 2016. Slowly but gradually it's going NORTH. Time to buy for long time holders. www.zacks.com
As soon as the red solid channel breaks. it's time to party. www.zacks.com
It's a buy those who doesn't like to go short IBB www.zacks.com
GO HSORT GUYS WITH LEAP OPTIONS OF NEEDED. PFIZER TOPPED OUT. buy the rumor sell the news " Pfizer to Buy Medivation for $14 Billion" The bigger the buy the greater the fall. www.wsj.com PFIZER is trying her last bet to survive but eventually will fall. wish Pfizer CEO and all the board directors can see it for them to look for new job or polish up resume or...
After some break from the market am back again. Well market is developing. the RED and GREEN LINE is parallel trading. So as long as the price continues we can trade in a channel. When reaches red line go short and when it touches green line it's a buy. Pink line will act as a support line too. If price breaks the Thick black line then it's a confirmation to go...
RECENTLY most of the biotech companies are doing bad but somehow this ETF is going up. I saw weakness in technical analysis of monthly charts but weekly and daily needs to go down before shorting. Think this IBB bull will be ashort lived and once broken it will be a free fall zone. Leap options for short side will be a good bet. Don't go short yet but a good...
I just updated my chart of AUDUSD. Yes it is still in Bear market but I added TWO BLACK LINES for possible range trading or Parallel trading lines. Remember this is a monthly chart so for clear picture you can take the concept and draw a clear chart in Daily or 4 hour chart time frame.
Looking at the DOWJONES 3 hour Chart there is Green support line support coming out from July low. Also it broke the red resistance line. So ATH is a possible. Also when I connect High from April/May to the July high and draw the parallel line then the Green line and the red line crosses somewhere around$188 zone and creates a TRIANGLE. If you know how to play...
SPY IS STILL TRADING WITH IN THAT TRENDLINE BETWEEN SOLID RED LINE A THE TOP AND THE BOTH LIGHT AND DEEP BLUE LINES BELOW. IT IWLL BE A CHOPPY AND MESSY TRADES FOR NEXT FEW DAYS/WEEKS BUT IF YOU KNOW THE OPTIONS STARTEGIES FOR THIS TYPE OF TRADE YOU WILL BE A WINNER. At some point $SPY needs to close todays opening gap, so it may revisit the chart again.
The SOLID GREEN LINE will provide a historical support for SILVER. But also if you see the SOLID BALCK LINE around $30 may act as a resistance line. Also the DOTTED GREEN AND RED line is a possible channel trading in coming days/months. Silver is a overall BUY for next few months.
Slowly but surely climbing. Building base and support line. Buy for Long term hold but resistance may be the BLACK SOLID LINE. The below Solid green line will act as support but if fails then Bear Market.