The BBs are curling in and all the oscillators are coiling. A big move, up or down, will be coming this week with earnings. A breakout up will look to ~ 117 and a break down will be in the low 80s. Not financial advise.
Price has been trading in the 44 to 36 range for a while. The RSI looks to be getting close to overbought and the MACD might be rolling over soon. I like the risk reward on this trade. Short in the 43s with a SL at 44. Half off the table at ~ 40 and wait for the rest to hit 36. Not financial advise.
Earnings coming out after the market tomorrow. Price rejected off the 200 DMA and I opened a small short position after the rejection. The RSI is very elevated. SNAP came out with horrible earnings after market today and fell off over 14 %. Both Pinterest and FB fell, FB dropped to 145.37 and has since bounced to 147. .5 fib retracement is 120.67, also there is a...
Possible bull flag on JKS. The break out target is into the lower 70's. My buy in target is $55.50 with a SL @ 53. History shows there is a lot of supply around the 64/65 dollar area and that is where I will take profit if it plays out. The MACD is curling ever so slightly to the downside, the 200 DMA is acting as support now. I like this set up, but I have my...
Possible retracement of HLF back to the .5 fib (14.85). Short over 17 with a SL at the highs of the current consolidation. Will be looking to get out at 15 if this plays out. MACD is about to cross which gives a little more credence of a short term retracement. Not financial advice.
Looking at the BB on the daily. I tried to go back to see if they have been this tight in a while. From a brief survey, I could not find an instance. The upper and lower bands are curling in hard over the last 2 days. Will a large move come about? My non-financial advice is that a big move to the upside will take place. The market makers will catch most people...
Here is the monthly chart of ORMP. They came out with bad news on their leading drug today. Looking at the chart the area that price stopped has been support historically. I bought in at 2.53 and will hold for a while. Exit around 4 seems to be a good trade based on previous data. Not financial advise.
Here is a short term possible H&S of PBR. If it does play out as such a retest of the trendline that was broken might be possible. There is a lot of uncertainty with the switch in Brazil so a healthy dose of caution. This is not financial advise.
Short term resistance is 4.18 dollars. This is before the 2pm FOMC mins. Not financial advise. This is very suspicions price action to me, there is no reason why MARA should be up over 20%. Does someone know something we don't? - BTC and the NASDAQ are not up very much either
Here is my analysis about planet fitness (not financial advice). A really nice double bottom was formed over last year. This is bullish as it indicates a reversal in price action. As the price moved up it retested the area of resistance in between the double bottom and found support. The price then went right through previous resistance in between 69 and 72...