CMG bouncing off the support line in an Uptrend Corridor that could lead to new all-time highs. Support might be retested today.
I would wait for the resistance line re-test, before entering. - Strong Downtrend - RSI + Stoch well below 50 - MACD below Signal Suggested Entry $11.13 Suggested Stop Loss $11.30 Target price $8.85
2-month support established and confirmed multiple times in an uptrend corridor. Ascending Triangle formed within, just broken out. - 6-month Uptrend and All-time High - RSI + Stoch well above 50 - MACD below Signal. Suggested Entry $69.50 Suggested Stop Loss $214.69 Target price $72.64
Add this to the watchlist. GE is about to break through support in a well-formed descending triangle. Once current support is reconfirmed as new resistance, place a Limit Sell Order at $6.45. Potential for a 14% gain if new support it established at $5.50.
I would wait for the pennant to fully break out and eventually re-test, before placing an order. - Historical uptrend. - RSI + Stoch well above 50. - MACD above Signal. Target price $205.00 Suggested Entry $196.60 Suggested Stop Loss $192.20
Clear uptrend corridor with Support and Resistance confirmed multiple times over the past 4 months. Bullish pennant formed within. Short term swing trade that I would close before earnings on 6th August. - Historical uptrend - RSI + Stoch well above 50 - MACD above Signal. Suggested Entry $449.5 Suggested Stop Loss $441.25 Target price $525
Clear uptrend corridor with Support and Resistance confirmed multiple times over the past 4 months. Ascending Triangle formed. Short term swing trade that I would close before earnings on 5th August. - Historical uptrend - RSI + Stoch well above 50 - MACD above Signal. Suggested Entry $117.68 Suggested Stop Loss $114.47 Target price $130
Clear Uptrend Corridor with Support and Resistance confirmed multiple times over the past 2 months. Ascending Triangle formed within, breaking through consolidation. I would place a limit entry order to confirm the new support. - Historical uptrend - RSI + Stoch well above 50 - MACD above Signal. Suggested Entry $238.65 Suggested Stop Loss $232.37 Target price $265
I would wait for the resistance line to turn into support and re-test, before placing an order. - Historical uptrend. - RSI + Stoch well above 50. - MACD above Signal. Target price $58.00 Suggested Entry $52.25 Suggested Stop Loss $51.3