Gold is inside a mid term downside trend , probably due to the FED monetary policy which is driving USD up. On the chart, is it materialized with the downside trendline (in blue) and the mid and long terms moving averages (MA100 and MA200), still bearish. At the current price level, the buying forces are facing a triple barrier : - the previous top at...
VCIT was one of our recent Short alert. It is running within a broad Upward channel, noticeable in weekly frame. Moneyflow was diverging & now in the negative side. We been waiting for the perfect entry point & now it seems ready to fall. We think it can decline down to $79 area. * Trade Criteria * Date first found- March 14, 2017 Pattern/Why- Longterm Upward...
TLYS seems getting ready to breakdown its strong support label. It has broken below all the moving averages & if it breaks below $8.68 support label it will be on a free fall zone. * Trade Criteria * Date first found- March 16, 2017 Pattern/Why- Support breakdown short Entry Target Criteria- Break of $8.68 Exit Target Criteria- $7.23 & lower Stop Loss...
Here i left a 4 Reasons to take this trade . 1) Downtrend 2)Bearish Bat 3) Doji 4h Candle 4) Rsi Overbought I hope that you have a nice week and a profitable month .
CRM is forming a possible Adam & Eve double top formation. Moneyflow is diverging & now sharply heading down. It also has a lot of insider selling recently. We think it has very good decline potential. On the option side we would consider June $85.00 Puts, last traded for $5.00 * Trade Criteria * Date first found- March 20, 2017 Pattern/Why- Adam & Eve...
FNGN seems forming a long term double top formation. It has previous history of sharp drop & we think it is getting ready for another decline this time. For perfect entry we would look for a pullback or confirmation break. * Trade Criteria * Date first found- Pattern/Why- Entry Target Criteria- Break of $39.43 or rally back to $40.80 Exit Target Criteria-...
BERY seems forming a head & shoulder formation. A break of $48 will be the breakout confirmation. We think it can decline down to $43 area. * Trade Criteria * Date first found- March 21, 2017 Pattern/Why- Possible head & shoulder formation Entry Target Criteria- $48 Exit Target Criteria- Target 1 45.13 Target 2 42.88 Stop Loss Criteria- $51.03 Please...
YRCW is breaking down some key support. It seems it will decline further. For a perfect entry for short we would like to it pull back to $10.90 or break below $10.63
HQY made a nice little Head & shoulder pattern here. Now it seems breaking off the right shoulder. We think it will decline from here. The decline also supported by the Big insider selling in the multiple millions, multiple execs. Please check back for Trade updates. (Note: Trade update is little delayed here.)
CLX is testing a resistance label from where it previously had a sharp decline. It also seems forming Adam & Eve double top formation. It also has Over 10 million reported insider selling. Overall it is an interesting short setup & we think it can decline down to 113 area. Please check back for Trade updates. (Note: Trade update is little delayed here.)
PTC was our intraday text alert, sent to our subscribers. It seems Breaking down a complex Head & shoulder formation. Moneyflow also diverging & head sharply to the negative side. We think it can decline as low as $44 * Trade Criteria * Date First Found- March 23, 2017 (Sent through our intraday text alert) Pattern/Why- complex head and shoulders Entry Target...
PFPT broken down from an upward channel, but cold not decline much. Went up, retested the upward trend line, started to roll down & now we have the sharp breakdown. On the weekly frame it is forming a H&S formation, and also a larger time Upward channel. Overall it is an interesting short & we are looking for some longer term short trade, as low as $45.33. We...
here we are, second analysis, we've a down trend but as we can see in the chart there's the chance to go back at the top trendline (the black one). the second possibility is the continuation of the down trend, until we hit the 0,7350 level. in my opinion there's more possibility of a long position at 0,75640 target and also the RSI is in OS. have a good trade and day!
Shorting Pair at 0.382 Retracement from previous high which falls on Monthly Support level 1.00. Looking a downside targets of 9.733 to break trend line and hit 1.272 Extension level. i can see this pair going even lower to Weekly Key Level 0.96.
HURN is coming off a fresh 52 week low area and it made a $1.50 move on Friday on the back of a recent analyst upgrade if that amounts to anything as I don't find analyst upgrades or downgrades useful but it tends move the price. $40 seems to be a good support and we want to wait for price to form a solid base here if this stock were to make a comeback and take...
AUDNZD rejected from the downtrend line and 161.8% fibo which support Sell specially if the Cash Rate statement was positive today