This is just an idea, no real prediction or forecast or investment advice, anyway, it looks the bear market can drag the SP500 to 3212.
Some ideas that supports a 10% (more less) of recovering price in the next weeks Double bottom Support on EMA100(w) Multitime frame analysis with stochastic rsi Tobin's Q 0.92 PE Ratio 28.94 and CMF positive divergence If it goes over +690 then could go up to 740 or 777 later. This is not an investment advice
OP1 25.1X OP2 (long) 28 to 30.X Multitimeframe oscillators analysis. I'm in at 20.24 (pink dashed line). This is not an investment advice!!
I believe that the stabilization period after the split is over, so the price will recover its ascending trend. Using Multitime Stochastic RSI. CMF recovering position getting close to zero. This is not an investment advice.
First objective price: between $129/133 if the trend continues could go up until $137-138 Multitime frame stochastic RSI + many other indicators, could look messy but I think it's understandable. I add some shares where is the yellow dashed line and the arrow. This is not an investment advice.
MultiTimeFrame Stochastic RSI and CMF indicators. On the main chart: Elder System, EMA 5,20,50,100,200 and Parabolic SAR. It looks a little saturated but I think it's easy to understand with the pitchfork. I add some shares on the dashed yellow line. This is not an investment advice.
Objective Price $99.XX Using multi time frame analysis (Stochastic RSI and RSI) and fibonacci retracement. Wait for the dip... This is not an investment advice, just an idea based on technical analysis.
Cup and handle pattern still on the going, but I change the objective price up to $4.9X to $5.06 MACD confirms the bearish movement, so we can expect the price goes lower, also StochRSI shows that we're on the bottom of the oscillation, so we can wait a few more days for the rising movement and the probabilty of a bullish trend if C&H pattern is confirmed. I...
Just as NYSE:RIG and NASDAQ:CDEV this one show a similar movement, (very similar), so, if the cup&handle pattern is confirmed we can expect an objective price around $3.00 The ichimoku cloud could be used as support for the movement, but the most important is the stochrsi that shows we're on the bottom of the oscillation movement, so we're waiting to go up,...
It looks like a cup and handle pattern here, with the chance to go up until $2.9 by the end of july or early August. MACD show a bearish trend but not really strong it could reverse in following days, also StochRSI shows we're on the bottom of the oscillation movement, eventually it will go up, also the volume is decreasing so, soon will be a nice option to...
AXP breaks the pennant with the chance to go up to $ 122.XX EMA20 crossing 25, 30 and getting close to 35 Not in the chart: - RSI14: 66.27 RSI21: 59.06 - %B: 1.14 maybe oversold for a while This is not an investment advice of any type.
I was trying to understand the price movements and this idea appears, what if this is a C&H pattern? }(I'm not sure at all, it's so early) in that case we can project an objective price above $5.86, I'm not shure when but maybe by mid-august, of course if the oil prices still up. This is not an investment advice.
Of course there's a correlatión between the stock and oil prices (WTI), but this chart can give us a little more understanding about it. TSXV:CEP NYSE:RIG NASDAQ:CDEV NYSE:DNR AMEX:NOG NYSE:QEP I set the baseline price at $ 54.00, if you see the chart you can see some years above that price with a good stock performance and of course the opposite,...
The price could go as low as 1.5X but inside the upside flag, if it goes below the red line the price could go lower, we're in an adjustment fase but still bullish, it's also little oversold but the price adjusment will correct this too. Maybe we can go back to $2.XX by the end of june. This is not an investment advice.
Trying to evaluate the bullish trend with the supports from 2011, it's been a long time since it goes this low. Upsloping flag. I bought on 18.52, hope to be right. This is not an investment advice of any type.
If bulls starts to play, this could achieve an objective price around 1.43 in next weeks. Indicators can be useful to understand the movement: RSI14: 50.21 RSI21: 45.79 %B: 0.3656 VOL is also low EMA 20 is getting closer to EMA25, but not enough. Both low with a good chance to go up. This is not an investment advice of any type.
I really hope I'm ok with this one, I bought on .72, so far so good. Cup and handle pattern confirmed today, but... it appears a double top in the handle, so, lets wait a little bit more. Objective price on $1.81 up to $2.0 RSI21 57.95 and BB% on 1.00 (it's little oversold, but it has a nice range of movement with this price). EMA20: 0.8954 crossing...
Objective price for CSCO up to almost 49.74. Upsloping flag pattern. It's a little bit oversold but with a nice RSI of 60.58 This is not an investment advice of any type.