redlineracer

redlineracer

STNG has attractive PB, PEG, Sharpe, and Sortino ratios, but it just seems to be aggressively chasing strong historical support...seems like we might see a bounce and a head and shoulders play out

redlineracer

ASR is playing out a slow daily corrective pattern after a strong upside bounce off the daily trend line (with concurrent MACD momentum). Combined with a very strong balance sheet (financial strength, profitability, liquidity, and growth), this undervalued stock looks ready to chase the fib extension. fundamentals: www.gurufocus.com

redlineracer

HUM has some mild bullish divergence on the daily MACD that caused a nice bounce off strong historical support, but the impulse up is slow and looking more corrective. Maybe it will touch the daily trendline, but it seems to me that a retest of the support is on its way, especially given EPS has been in decline since 2020, and forecasts are not looking positive.

redlineracer

Only insider buys between May and Dec 2024, combined with MACD bullish divergence and price testing support, suggest that the price may have some upside to test the daily trendline.

redlineracer

Sizeable insider sales in March and August 2024 (maybe due to the financial strength and liquidity ratios of this company appearing lacklustre), makes me think more downside on the horizon.

redlineracer

If the trendline support holds, CROX will be a value trade to consider. Moreover, the CFO bought shares last month, usually a good sign for the stock price in the medium term au.finance.yahoo.com

redlineracer

Whitehaven Coacl (WHC) might be in for some downside movement if this pattern plays out

redlineracer

SOLDUSD daily trendline is holding, but the volume, MACD, and RSI show bearish divergence. I'm monitoring to see if we get a trendline break followed by a bear flag.

redlineracer

Interested to see if ETHUSD maintains the upward trendline on the daily. Might see it getting tested soon. I feel there needs to be a bit more downside within this consolidation of the historical high. Guess we will see.

redlineracer

Bearish divergence on the MACD for the USDJPY. I am expecting a pull-back, though the price may push up once more before doing so.

redlineracer

Momentum for more downside on AUDUSD, maybe even sub-60c for AUDUSD, before a rebound.

redlineracer

Bear flag forming on GBPAUD 4hr after the most recent upside impulses displayed bearish divergence on the MACD. Monitor for a possible downside play

redlineracer

Suspicious looking bear flag forming on the 15 min BTC chart. Worth monitoring for a possible downside play

redlineracer

Channel trading opporunity on the GBP 4hr. Not sure how much longer this will play out, but the corrective channel structure hasn't retraced to the 50% or 61.8% fib levels yet, so there may be some more trades in this yet.

redlineracer

AUDUSD - daily, looks to have formed a bear flag, suggesting a possible short play.

redlineracer

Watching for the possible makings of an upside breakout for the AUDCAD. Will be interesting to see how well this trendline holds.

redlineracer

Potential for more downside on BTCUSD if the bear flag plays out

redlineracer

Fibbonacci retrace and extension, and MACD momentum indicates more XJO downside ahead