jdgpro

jdgpro

Multiple indicators showing potential drop to 2.70. 1. Death Cross last week 50 SMA over and down 200 SMA. MACD crossed down. 3. RSI not oversold. 4. Right Shoulder forming nicely. 5. KST about to cross over and down. 6. Aroon crossed into negative. Looking for $2.70 neckline.

jdgpro

With measured move to $49.75

jdgpro Updated 

Triple Top Reversal Possible. Bearish Divergence on MFI on the daily chart, suggests a substantial downtrend on the way. Measured move $0.191 to $2.71.

jdgpro

So the KST indicator has crossed over and down on the hourly chart. Watching for the dip below zero, indicating downward momentum $2.84 target. I'll follow up if and when zero is breached.

jdgpro

Another hit on the 4 hour 20 SMA. Long Opened UGAZ 43.3. TP 48

jdgpro Updated 

I like this set up with a tight stop. If it fails, then short is the way to go.

jdgpro

This was too sweet to ignore.

jdgpro

14% measured move. STOCH RSI overbought 50 SMA crossing down over 200 SMA 1.775 Target

jdgpro

Each flag is approximately 30 days apart. The last one is right on time.

jdgpro

Starting to think OIL is beginning a new trading channel.