tradingzebras

tradingzebras

I'm optimistic about a bull break, but looking at the RSI resistance line to be broken with good volume first.

tradingzebras

Still not a lot of volume, but RSI resistance has been broken and the descending wedge is beginning to break out. RSI bullish divergence is also looking promising. With so much depending on the weather forecasts however, I am uneasy about relying too much on the technicals. As for a target, I like the red line because it has the most touches, but the other lines...

tradingzebras

A recent break of major resistance around 6.50 with heavy volume. The bulls have bought the dip and are now defending 6.50 as the new support.

tradingzebras

Well I don't think I'm alone when I say that this stock has been a complete pile of shit. But I do see what looks to be a possible attempt for a bounce in the works. A main resistance in the RSI that has held since Sept has just been broken, along with the 12 and 26 day EMAs. Not much in the ways of volume yet, but I think I'll keep an eye on it. Still not sure if...

tradingzebras

Just broke 12 and 26 daily EMAs and are now attempting once more at breaking key resistance (6.95 or so). RSI is showing some bullish momentum and higher than average volume is looking promising today. Next major resistance around 8.15.

tradingzebras

$0.35 resistance level has been broken with fairly good volume and has now been tested successfully once as support. 12 and 26 EMAs continue to act as support.

tradingzebras

I don't know anything about gas, but the weather forecasts are cold and this looks like an inverse head and shoulders on the 30 minute scale. If the neckline breaks around 46-47 (not sure which of the two lines is the neckline here), there is a pretty good gap to fill. RSI showing a bullish momentum

tradingzebras

This thing is tighter than Mike Pence's sphincter. I'm hoping it with break long, but who knows at this point. It's promising that the 12 and 26 day EMAs have crossed bullish and are now acting as a comfortable support. I'll be watching for a large volume day to indicate direction. If it breaks bullish I am looking for a medium term goal of just under...

tradingzebras Updated 

Slope of the curve is shallowing and volume dropping off with tightening range. May drop a lag lower first, but I'm waiting for a break in the RSI trend line, and a break of double-top 4.15 resistance with some volume to confirm reversed daily trend. Unless big news hits, it could slowly rise, forming the second half of the cup before hitting 6.34 resistance...

tradingzebras

Apple is up above the 12 day EMA for the last few days and holding. The 26 day EMA has started acting as resistance. Whether it breaks bullish or bearish by this squeeze should be telling. Bullish RSA divergence looks promising.

tradingzebras

RSI is showing signs of momentum shifting in the bulls' favor. People keep buying the dips over the past 5 days, forming a tight little range on a bull flag. If it can push through 1.64 with some good volume, this might be the beginning of a nice run. 12 and 26 exponential moving averages are just about to cross bullish, and for the last week they have managed to...

tradingzebras

Looks like an inverse head and shoulders could play out. I'm waiting for a retest on the RSI trend line that recently broke for a potential entry.

tradingzebras

Waiting for another leg down first.

tradingzebras

It looks to me like an inverse head and shoulders is forming the right shoulder. If that breaks out I will look for a target of high 190s, after which it could either continue higher, or finish a right shoulder on the massive head and shoulders signalling the top of the market before heading to new lows. Some bullish divergence showing in the RSI looks promising.

tradingzebras

If we rally for a few months then head down to the fib .5 level, that should fill out the rest of the descending wedge nicely.

tradingzebras

On the weekly timescale. I'm waiting for a break of the resistance line with some high volume for buy signal.

tradingzebras

Just an idea. Interesting patterns in the RSI

tradingzebras

Not sure when this will pop; the S and P bulls are pushing hard. But this tightening range is looking good for a short term trade at some point in the not so distant future. Maybe this support at $26 will hold, who knows.