tobyz7

tobyz7

LLY has been a very strong stock over the past year -- obviously. But when the new BBTrend indicator is viewed, does it work or is it BS? My opinion is that it is BS. The only indicated substantial downtrend immediately follows an earnings Gap Up. In the several days following the gap, nothing trends downward. Now look at the major uptrend (by BBTrend...

tobyz7

CSTA has not suffered a losing week since mid-August 2022. A long-term winner, persistent but slow.

tobyz7 Updated 

The ascending wedge is rapidly coming to a point. The stock shows a high probability of breaking out to the upside.

tobyz7

I like MSB here. 10% ZigZag shows strength. Currently at Highs since March. Looking for a target near $28, where former support may become resistance.

tobyz7

Don't get panicked by that Jefferies downgrade. SAM is resilient enough to withstand one bad day. I anticipate that the stock will be back in its uptrend within a week.

tobyz7

Disappointing! Bought on the Gap Up on 7/9/18. Will probably drop out of my portfolio on Monday.

tobyz7

This is supposed to be a 1000R chart of AAPL. From what I understand of '1000R', this should mean that each bar from High to Low has a length of $10.00. The time axis would be of variable duration since sometimes price changes come more rapidly than at other times. Not so on this chart! It looks just like an ordinary 1-minute chart. Do you have anything to say...