DustinD

DustinD

Looks like a potential top formation in $FISV. A divergence is taking place in the MACD. A divergence is when price makes a higher high but the indicator makes a lower high or price makes a lower low and the indicator makes a higher low. A reversal in price typically follows. Do we have a double top? Divergence in the MACD? Reversal taking place?

DustinD

After a period of consolidation $HSIC just had a breakout to new highs after an earnings surprise. This stock looks to be getting accumulated on every selloff. Could be a potential entry for a trend follower.

DustinD

$BDX looks to be creating a diamond formation. Diamond formations typically are top formations, the stock hits a high, then a support low, then moves to a new higher high, then a lower low, then price range constricts. The volume spikes in the middle when volatility is high, but drops when the price range constricts until you get the breakout. Are we going to...

DustinD

$TAL has been on a sharp decline. Large volume at the current price levels with a turning MACD looks like we might have a potential bounce or turnaround coming.

DustinD

$HXL just broke out of a falling wedge on heaver volume. Price is around the breakout area for a potential entry for a swing trade. Stop loss just below the lows gives a trader a good risk to reward ratio. Potential Long?

DustinD

Is $BAP making a H&S's top, rounding top, bear flag? We just made a lower low and we are currently grinding up slowly. If we break the $200 support area we could see falling prices. It is looking weak but that doesn't mean institutions aren't going to support the price. Not a clear entry with mixed signals on multiple timeframes and indicators. With a proper...

DustinD

Are we looking at a head and shoulders pattern in $BYND? After its huge IPO run, its price has come down a little with smaller trading ranges. Are we going to hold in this support area and work toward the highs? Or are we looking at sliding prices?