Basic TA $GS keep it simple Gap Down Break out of triangle in to Rectangle Supports Mapped Out along with Trendlines The Market is Fluid Right now i see it going lower or sideways Only Time will tell. ;)
$HOG looks a little under the weather, could be time for a tune up markets looking to go lower and $HOG seems to want to follow them, Time for your oil change Shorts in favor the market is fluid. Could Spike due to low gas prices but i see it going lower in the overall long term.
I have not played AA for it seems like eons. This is because my go-to, premium selling play for earnings is the short strangle, and you won't get sufficient premium out of a low priced underlying like AA via short strangle for the life of you. The other option, naturally, is a short straddle , but even then it's a slog to squeeze sufficient premium out of the...
Basic TA Notes on charts keep it simple TrendLines and Support/Resistance Areas
Basic TA But remember the market is "Fluid" ;) P.S i should have posted these on 12/14/15 First Attempted Second was an Early Morning alert about 5:AM 12/16/15 -----> twitter.com
Alcoa is still doing well and the continues its trend since October 2013 and gains 80% up to now. It is moving along a channel which is a little bite like an ascending wedge. There is more rooms to hikes , but ones has to be careful and tight the SL On the other hand the volume is not significant . A doji right at the resistance trend line is another sign to be...