just chart and interpretate green alligator starting to cross the red one, as macd too. I forgot to put the volume but it is also slowing down.
My point of view on twitter for the short term is long if it breaks the fibonacci retracement, the 9 MA seems to support well the trend. Even yough Stoch says it's overvalued and MACD is slowing down, i think we can still make a buck or two before the downtrend
#tradingview # RUBY In green are my entry signals we cann see a nice support in the pitchfork that doesn't show any will to break. The 150 MA is very close to the current candle making it a resistance which the stock can break.
#tradingview #RUBY I see a possibility of an upward movement in the coming weeks/months, but i'm going to watch closely the moving averages and the highest high resistance in the coming weeks.
Are we expecting a corretion ? We could expect one to pass by 179 178 then 176. But we can also see another run and this might be just a trap. I will open a short position at 178.50 if the prices crosses the first paralel in half
The MACD Clearly shows us the gains can be quite good, as the vertical green trend lines tend to grow a lot more in time than the red ones (bear MACD). Also we can see a 9EMA serving as support. I think the only risk here is the EMA s getting tired, as you can see the empty space between the two EMA s (signalized in purple arrows ) had much more volatility than...
Even tough EMA got crossed, the stock has a possibility to go down the bounce back on the rsi support. I believe a small short can be placed. Even tough 21 MA may also give a nice support. The prices seem also very flat for now. I could have placed a resistance at ~177. Furthermore this resistance was beaten. I don't play with SPY for now, i don't bet on...
WFC study . Watch the 200 MA, when price is above you might be careful.
We can see an opportunity on the 1/1 long term support. And the price hitted the 0.618 key point on Fibonacci retracement.
Fast Tinto's stock analysis, H&S seem solid to me
i would wait for a double bottom buy signal then buy and play it short term.
The company is good, and i think the stock will reach $30 by the end of the year. This is my favourite company to hold, Even tough i will re analyze it next week as i think Beta is very high 1.80 vs 1.20 (industry). I let the comments from yesterday so that you guys can compare. i KNOW THE PRICE DROPPED. BUT SAR CONFIDENCE IS STILL HOLDING AND BANDS ARE GETTING CLOSER.
This is called trading with multiple EMA.
Flat run. precipitation of earnings. Falling.
This chart explains clearly why i short this stock. Chinese gambling business can also be played with China's fundamentals, GDP, growth ect.. which i actually do most of the time.