RZI has been strong lately and is now facing resistance at $1.130 zone. It has formed consecutive Higher Highs and any pull back towards Support at $0.890 - $0.900 range should be a good Buying Opportunity in my opinion. Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
TLS seems to be a buy right away, as it has pumped up higher with a massive Bullish Candle above the downtrend line, with High Volume and simultaneously giving a Bullish MACD Cross. It has been falling off like a rock since June 2015 all the way down from $7.00 to around $2.60 ( Support Zone ), but I think we may have seen a Medium and Long Term Term Low as it has...
COH seems to be a buy right away, as it has bounced off with a massive Bullish Candle, with above average High Volume and simultaneously giving a Bullish MACD Cross. It has been falling off like a rock since the 19th of November High of roughly $240.00 all the way down to around $177.00 (Support Zone), shedding almost 26%, but I think we may have seen a Medium...
Uptrend Confirmed due to recent price action which has confirmed a reversal by pumping upwards and forming a higher high. 1. Price has formed a higher high 2. It has formed a Golden Cross 3. Recent sessions' price action, ( Bearish Candles) indicate that the stock price is pulling back 4. I will be confident to buy in the $2.72 - $2.82 region (Buy Zone) as it is...
Bullish trend confirmation indications: 1. Made a Higher High 2. Made a Golden Cross 3. Impulsive price action with High Volume 4. After the impulsive break, price is correcting and consolidating. 5. I would be a confident buyer within the Buy Zone which is the Fib Retracement Level Zone of 50-61.8 % and the Gap Window Zone. The ideal level zone is between $4.30...
Bullish Confirmation Indications Recent price action may have confirmed a reversal as we can see that price came down to the trendline and has since moved up. Price has also moved out of the downtrend line (triangle) which indicates that Buyers are strong. 1. Price has been supportive at the support level of $1.00 - $1.30 zone 2. There also lies a trendline...
Recent price action has confirmed a reversal by pumping upwards and forming a higher high. 1. Price has formed a higher high 2. It has formed a Golden Cross 3. Recent sessions' price action, ( Bearish Candles) indicate that the stock price is pulling back 4. I will be confident to buy in the $4.15 - $4.30 region (Buy Zone) as it is in the 50%-61.8% Fib...
EURUSD pair has hit a strong level of Monthly Resistance. 1. We can see that the pair has broken out of the Wedge 2. A bearish divergent MACD Cross, which shows the pair is losing Bullish Momentum as it was going higher. I have taken a short position and expect the pair to come down to the Support level around 1.1900 level for another good buying...
Bullish trend confirmation indications: 1. Impulsive price action at the break of the Downtrend line. 2. Price Broke out of the Downtrend Line with High Volume . 3. Price is retracing to the Buy Zone (Fib Retracement Level of 38.2% - 61.8%) between $4.50 - $4.85 Zone 4. MACD Histogram showing a potential shift from Selling Momentum to Buying Momentum. 5. Good...
Bullish Trend Continuation indications: 1. Support Zone Held after Price decline. 2. Trendline Support held after price decline. 3. Price is consolidating above the Support Zone and Trendline. 4. Price Action shows Bears are exhausted. 5. Good Buying Opportunity after Bullish Price Action. I would be interested to buy after I will see Bullish Price Action and...
Bearish Confirmation Indications according to Volume Profile Strategy As the trend line is apparently broken, the price is now below the heavy volume zone between $13.80 - @14.20 (which may now act as resistance and hence may get selling pressure to the next volume profile zone between $9.60 - @10.20. There are two bearish scenarios that may be possibly in...
I believe that there is a great buying opportunity in NEA, as it has been forming a clear Bullish Pennant since the end of August. It is clearly a continuation pattern and has been consolidating within this pennant. If Price Breaks this pennant with High Volume, this may be a sign that Price may continue pumping up with force and reach the (Resistance 2 - Zone)...
I believe RRL is giving a good medium term buying opportunity, as it had pulled back into Support and after some days of consolidation, it is showing Bullish Price Action. Price has broken the green downward sloping trendlinewith High Volume which is why I am confident that now it is ready to go up. From the closing of the Current Daily Green Bar ($3.87) to my...
1. Price has plummeted down and stopped at exact upward sloping 50 Months Moving Average 2. Price got support exactly on the 200 Weeks Moving Average 3. Price got support at a very strong Monthly Support Level I believe this is a great medium to long term buying buying opportunity, as price got supported at many confluence levels, as this might be a Higher Low on...
Bearish Trend Confirmation Indications: 1. The trend has got weak on the weekly and Monthly with Bearish Engulfing Candles and High Volume 2. The price has broken the trendline and formed a lower High and a lower Low which is confirmation of a bearish trend 3. The down move was a powerful and impulsive wave I expect price to retrace on the upside, and I expect...
Bearish trend confirmation indications: 1. Formed a double top on the Weekly and Monthly charts 2. It is coming down in a stair step fashion, making lower highs and lower lows on the Daily Chart 3. The bullish trend has been running since a long time, but the monthly candle for November was a big red engulfing candle, and a bearish closing near the lows. 4. Seems...
EVT is expected to provide a good buying opportunity between $9.40 and $8.75. It has proven that it is now in an uptrend and the bullish confirmation indications are: 1. It has been printing higher highs and higher lows 2. it had formed a golden cross which is bullish 3. The recent swing to $11.50 was very impulsive Since it has hit the Resistance level of...
Bullish Confirmation Indications 1. WHC has broken out of the long term downward trendline with High Volume 2. Price Action have been impulsive which indicates that Bulls are in control. I am a confident buyer between $1.285 - $1.175 Buy Zone which can give potentially a 70 % gain. Please note these are my own notes for future reference, by no means trading...