One area investors and traders should take a look at is the Aerospace and Defense industry ($XAR as proxy), which is currently the best performing industry year-to-date (as of July 5th), generating 28.59%. On a technical basis, $XAR is trading above all three EMAs, indicating strong price action at the moment. Further, its RSI as been steadily trending higher...
KTOS has had a huge run lately and sometimes its good to ring the register. To watch for future defense contracts for Kratos, check out this site. Technicals: Pattern suggests KTOS has ran its 5-wave sequence. Rising wedge suggests a pullback incoming upside potential $26. watch for sharp selloff if this is the case. on a pullback, support levels...
After breaking-out last month (May) on nearly 8X its average daily volume and in the process reclaiming its 200 DMA, shares of WESCO AIRCRAFT HOLDINGS INC - NYSE:WAIR continue to digest the recent run in and orderly manner as well as continuing in a Flag pattern as evidenced in the Daily chart above. In addition, WAIR now finds itself trading above all of...
short the dead cat bounce. the $450 short from $300 christmas low was also easy money. look for this to print a collapse chart similar to facebook after its $220 parabolic bubble blowoff
the five year turn around plan looks Victorious
NICE setup for counter market movement, if 2019 is a flat/ topping year IPO price is $25 range, consider that the long term target
520M Mkt Cap Vanadium stock to watch. Not sure why 1day chart doesn't show.
Largest US Uranium and Vanadium mining stock Energy Fuels. UUUU Starts production of V2O5 (vanadium pentoxide) for high strength steel (infrastructure/rebar, military, aircraft engines, thin gauge steel automotive) for first month at 200-225K lb./ mo. Sorry no futures symbol for V, but UR1! is uranium. both are in tight global demand with 20% CAGR driving...
Vanadium stock BMN LGORF ALTRF NGLOY PRPCF
Daily MACD bullish cross, Stoch RSI moving up, huge bullish divergence on the RSI while still being near oversold. Found support once again on the 23.6% forming a double bottom. Earnings report coming at the end of the month. Expected growth from Q3 last year is 11%.
neutral to favorable on abstract fundamentals of this company corporate governance and geo-political factors are moderately bullish upward oil price/ volatility creates catalyst for Bombardier fuel efficient/ electric products
For those of you considering shorting Bombardier, I think there is still some upside left or atleast the time is not yet ripe to short the stock just yet. Granted, that based on historical performance (atleast the past 5 years) the stock has reached close to all time highs (since about 2012). Furthermore, the $5.00 mark seems to act as a key resistance level which...
LMT really took off (pun intended) in the days leading up to and following their last earnings report, only to return to the landing strip again before taking another shot at $360. It is now back to home base and looks to be refueling before trying $360 again. On Friday, LMT scored a sizeable contract with the USAF for training support, and with no shortage of...
Arconic Inc. (ARNC) engineers, manufactures, and sells lightweight metals of aluminum, titanium, and nickel worldwide. It operates through three segments: Global Rolled Products, Engineered Products and Solutions, and Transportation and Construction Solutions. The company is set to benefit from the strong global economy which will increase demand for its...
With the mess in NK still creating market tension. This could be a possible trade on ITA that could play out due to the speculation of war. Follow for more trade ideas including stocks, options, and cryptos! Feel free to comment if you have any input or a subsequent chart contrasting my analysis. Thnx.
Large move higher today which is strengthening into the close. This has come at key support on both a price and relative basis versus the benchmark. There is bullish divergence on the RSI also.
JBLU has shown a strong correlation with USDCAD, as both financial instruments are inversely correlated with oil (shown below). It should also be noted that USDCAD has recently broken out of a cup and handle pattern on the monthly chart and a continued rise could be an early indication of similar price action in the aerospace sector. The wave count for USDCAD...
I think the likely direction is to the up side. Colour coded scenarios. Green Arrows Up. Purple Arrow neutral. Red Arrow down. Long term, monitor for levels.