Very turbulent, volatile, and changes price action, still room to run on the oscillators, crossover on EMA 100/200 and bullish sentiment.
If it breaks the last high, we have a very bullish sentiment; the chart screams for another flush, creating a much-needed correction and breathing room. However, this could be huge with current market conditions and the upcoming Jackson Hole meeting. If this doesn't break 155 convincingly, we see many key areas to support.
Moving up this could be the moment of truth after the earnings were good this Q, I am optimistic, but continued to monitor this.
Can it break the trendline which has served it for 8 years, or continue the bounce-back opportunity that it has in the past?
Based on the current sentiment on this stock I would like to see it go down, to see potential of an outbreak.
If history repeats, then we should be seeing a reversal soon, but we should keep a close eye on this.
The candle that I am looking for hasn't seemed to given me confidence, but oversold levels at this point.
With 41% insiders, 23% shorts, and institutions 60%, it has a rating of 50; I would be close to seeing a reversal candle and some good news for a retrieve.
I see this stock moving up to the Fibonacci first step is getting back to the 100s, but with the free fall, we are looking for a reversal candle.
After the selloff, the disappointing earnings, and the guidance, it still seems Wall Street is on its tail. see this as a potential strength, not a weakness. Over 100+ possible.
On the Fibonacci retrace, it can find the support it has many times before on .61 but has stayed at the top and between the 140-150 range. It is long-term bearish.
Big buys, overbought, indicators squeezing through the roof, BB at the top, I will be closely monitoring to see if that trendline has the same sort of trend as it continues to since the turn of the year.
Sideway shows for a while, but look at all those pivot points on either side. The question is mainly about the doji at the top as a reversal that is not quite ready to expand as market conditions are volatile. It is a good buy, but if it follows history, then we can see this go lower.
Either as a breakout or as a flush, the analysts gave this outstanding review and are confident of the continuation; if that's the case, I would be waiting to see if it breaks the top or fails.
MACD crossover, room to run more on stochastic closing in on RSI, better coverage. It seems that on a bad day, due to the strength of the price based on guidance, Wall Street is seeing a continuation. I am bullish as BB shows still room on the upside, which has been the center of support and resistance.
A few key points to note are that the support has played a significant resistance since the YTD crossover of higher EMA still shows signs of bear territory, but I also see a major component by playing out above the shade and may consolidate, but if the price action is anything to judge this by then we could be in for a volatile run until I see some sort of...
MACD crossover, room to run more on stochastic closing in on RSI, better coverage. It seems that on a bad day, Wall Street is seeing a continuation due to the strength of the price based on guidance. I am bullish, especially of this trendline, which has seen multiple attempts at breaking but has stood firm.
Six pivots on resistance to 3 on support, very nervy, especially with 100 turning over to go on the downside. That being said, indicators are ready to rise, except on the Bollinger, we may have some more downside. The crossover could prove vital at this stage.