SYMC looks ready for a breakout. After a strong Q4 report, Symantec announced a share buyback, debt repayment and interest in pursuing strategic options. The stock is currently sitting above its 21 and 200 EMA. With the huge May-18 gap ahead, the stock can go chase the $25.00 / $28.00 / $29.00 levels. Keeping a loose stop on this one well below all of the...
Multiple Support levels arnd 54 on this Marijuana Pharma co. Expecting double top arnd $85.
Head and Shoulder formation that should give us a nice 30% upside.
Bullish multi-month formation on $FB with a possible Cup and Handle. @tigernajem
Strong positive consensus rating on ATVI with good fundamentals, this co. should push thru its multi-month downtrend pretty soon.
Expecting some panic selling on gold that will send the prices lower towards 1620, before a nice rebound. I remain bullish with stops at 1608. Target 1670.
Gold held the 200DMA yesterday after breaking it's support at 90. We might be having some kind of bounce back towards yesterdays 1690 on the hourly chart. Keep tight stops below 60.
Will WFC follow its peers alrdy!? Looking for 34.50 soon. Will stop my long trade at 32.60.
Closed 3 days above the critical 39.90 levels! Hoping this is the point of turnaround for DECK. Buying the stock with a stop at 39.80. Expecting a 20% on the medium term.
Good volume on Monday with the stock closing above its 50DMA, expecting a continuation in today's trading session that should send $FL towards its next resistance at 36.30.
Perfect breakout for QCOM, will need a good volume on monday and we're on for the 65.50.
Expecting to test the 1.2130 support level in the next trading sessions on EURAUD. A rebound from this level to the upper bound of the downtrend followed by another decline towards 1.1580.
Adobe closed on the 26/10/2012 with relatively high volumes @ 34.01 after touching the 34.10 resistance level. It's daily chart shows a clear head and shoulder pattern that could send the stock lower to the 28.00 levels. Fundamentally the co. is fairly valued.
Adding to a long position on $LNG, higher volumes on a positive day should propel the stock to it's next resistance level @ 17.50 (~9%). Second resistance zone @ 18.90 (~18%). Stop-Loss @ 15.05 This technical setup is backed by good fundamentals for $LNG.