ProfessorBurns

ProfessorBurns Updated 

Bullish Ascending Channel. Looks like IEA may bounce off the 50-MA for a nice buy-in opportunity. RSI levels under 40 have proven to be good buy points thus far, and further indicate that IEA is oversold here and has some potential to move up. IEA may also have some room to fall if it breaks the 50-MA. It is best to wait until the reversal is confirmed and until...

ProfessorBurns Updated 

Although the GA Elections have caused some mayhem in the tech sector, $MSFT has been able to accumulate a solid support level over the last few months. It appears to be forming an ascending triangle, which should breakout within the next few months. Breakout should occur after resistance around $228 is broken. A loose price target of $250 is estimated using a 1:1...

ProfessorBurns

$BA appears to be breaking a key resistance level by crossing over the 50-day SMA. BA also crossed over the 21-Day EMA, indicating a change in trend from bearish to bullish. For a conservative move, a stop loss can be set at the 50-day SMA. Otherwise, profits can be taken at the 61.8% Fib level, or other fib levels as chosen. Summary $BA is breaking 50-day MA...

ProfessorBurns Updated 

Ascending Triangle. Prepare for breakout at $114. This may take a week or two but the short term trend is bullish. Patience is key. Target: $122

ProfessorBurns Updated 

$KO continues to be bullish and establish its ascending triangle pattern. A breakout may occur at $50, and have a gradual climb to $54. The 10-day exponential moving average may pass the 50-day, indicating a strong bullish trend. It may be a good idea to wait and watch for a strong buy with solid volume before entering a trade. Disclaimer: This is not...

ProfessorBurns

I'm bullish on WEC for the next month (and long in general). WEC has developed a strong pennant and proves to be an anchor in the storms of the market. WEC is a good long term hold and has a solid long term chart. The 10-day exponential moving average is also breaking away from the 50-day exponential moving average, indicating a bullish movement. WEC will...

ProfessorBurns Updated 

$PNC is forming a bullish ascending triangle pattern. A breakout could occur around $114.4. Additionally, the 10-day Exponential moving average continues above the 50-day moving average indicating a bullish trend. Short term price target is $122 based on previous resistance levels. Be patient as PNC could also fail to breakout of the triangle. May be a good...

ProfessorBurns Updated 

$MSFT appears to have support at $206 Resistance at $211 and $216. TP1 @ $211 TP2 @ $216 This trade contains more risk than usual due to a bearish short term trend and extreme market volatility.

ProfessorBurns Updated 

KO is forming a Bullish ascending triangle, with a breakout set to occur at $50. If KO breaks the $50 resistance, we can expect a climb to $52. 10-Day EMA has crossed and remained above the 50-Day EMA, indicating a short term bullish pattern.

ProfessorBurns Updated 

As $PYPL continues on its bullish trend, anticipate a possible breakout if the $204 resistance level is broken. Both $MSFT and $PYPL are on bullish runs and should not be underestimated as long term holds.

ProfessorBurns Updated 

The 10-day EMA has crossed the 50-day EMA once again for AMD, indicating a bullish run. A pennant pattern has also formed, which may allow AMD to breakout to $90+ if the $87 resistance is broken. Stock is currently overbought, but riding the wave may allow a continued profit. Disclaimer*** This is not professional trading advice and should not be taken as such.

ProfessorBurns Updated 

KO is developing a pennant pattern. 10-day EMA crossed 50-day EMA, indicating a bullish trend. Trade Open

ProfessorBurns Updated 

$PYPL is on a bullish run after its 10-day exponential moving average crossed its 50-day exponential moving average. Momentum could bring $PYPL to $200+. If $204 resistance is broken, we may see $PYPL go even higher. Using the crossing of the 10-day and 50-day exponential moving averages, we often can recognize a predictable pattern in blue-chip stocks. See my...

ProfessorBurns Updated 

MSFT Exponential Moving Average Crossover. 10 Day Exponential Moving Average Crossed 50 Day Exponential Moving Average. Support at 211. If MSFT breaks resistance level of 216, we may see a climb to 220. Trade Open