As always, I am looking for quick score opportunities where there is a high reward, low risk stock chart setup. I found one in shares of Whirlpool Corporation (NYSE:WHR). This setup should yield a $10 move higher by Wednesday of this week, meaning it is a trade that should give you a $10 per share pop in three ...
WHR seems forming a double top. It also has significant insider selling & it has started to rollover. Money-flow is turning negative. We think it will decline from here to 160 level.
For trade we are looking for Jan17- 180 put, currently trading for $0.34
You can check our detailed analysis on WHR in the trading ...
All traders and investors who are interested in the US market are surely aware of the whirlpool in which Apple got since the beginning of the year. Very few good news and lots of bad news for the company.
The most recent ones were a downgrade of a target price by GolmanSachs and Elon Musk predicting Apple has ...
This is one of my favorite short set ups. Where do I start?
1. Double top at R2 on monthly
2. 1.618 Trend fib ext.
3. LPSY ( Last point of supply) back test to the .764 fib retracement at ATH's
4. Money flow running away
5. RSI lower highs
I can could go on all day, but those are my top 5. Pretty solid foundation..
Head and Shoulders Top. Retest of Neck_Line.
Under 50, 200 sma, CrossOver, within Down_Trend Channel.
Head and Shoulders Pattern to the "Test".
9 Trades, based on the tested successful pattern : http://thepatternsite.com/hst.html
Massive double Top 2010. Fall. Relentless Rally from 1/2012.
Symmetric Triangle(ish) Consolidation.
5 waves Wolfe, potential.
RSI brake_down from overbought levels.
Earnings are getting worst at each progressive turning point,
with subsequent smaller reactionary waves.
5th wave choppy, so could ...
Whirpool sitting on its 200 EMA , below all key moving averages.
It found strong resistance at $156 (tripple top) and starting from there sold off aggressively then price retraced to moving averages in very controlled manner. On 27 of May selling in stock resumed and now we have few inside days to absorb this ...