on the large scale theres a funnel formation indicating a rise. since 2016 this pattern also looks to me like it could be a buy option until around 97.50 (786 on fibs) to do this it will firstly need to break the downward trend resistance line.
It shows the prices can come down to the level of 1205. It is easy to trade as a positional trader in this one. If it retraces a little bit to 1290-1300 levels then it can be an extremely great opportunity to short this one with Stoploss: 1300 Target: 1205 Duration: 4-7 days
Technicals are screaming for a H&S it seems :) Not a bad place to buy the breakout for a last-fart rally before it gets dumped down to 120~150 (sweet spot) T/P: 250~263.87 Entry: 206.23 S/L: 192.28
Within the weak Tires sub industry, Goodyear has been losing upside momentum and is starting to underperform the S&P since May 2014. Technical Analysis: - Bearish Divergence from May to now - Price has been holding bellow the 20MA on the weekly chart with a mean rejection at the beginning of Sep - Downtrend on the relative performance chart with the S&P Initial...
Pretty attractive bet for quarterly announcement in 3 days if the price isn't pumped beyond US $235 by then. Catalyst: -The upcoming Tesla Model X by early 2015 -More details on the gigafactory battery partnership with Panasonic (Confirmed) >>> Big loss will continue due to the cost of the land and building, Panasonic will cover the cost of the...