ATVI is building an intermediate-term bottom that is a solid base from which the stock can eventually move up as its fundamentals improve. This is a pattern all Retail Traders should notice, especially Position Traders and Intermediate-Term Traders.
Here's my guess: We are most likely in the 3rd impulsive wave of a larger degree. this has a few reasons: 1. This last motive wave has been much steeper than the previous one, indicating this could be a wave 3 of the larger degree cycle. 2. The volume on this 3rd wave doubled compared to the preceding wave 1. ! This could also mean that we are in a wave C,...
Order set to go long in $DRI at 122.50 if the name breaks out of the long base; 3 contractions getting tighter through the base.
Order set to go long in OFG if the name breakouts out of the tight pivot formed.
Order set to buy AEP at 86 as it breaks about the current pivot point, tight stop at around the 83.50 mark. No initial target.
Order set at 24.95 to buy XPER following base breakout, also to a new 52-week high!
Order set to buy ABT above the high of the current base. Good form with good contractions and declining volume.
Order set to go long $NRG at $43.70, awaiting breakout to new 52-week high. 3 good contractions getting shallower, including declining volume. Great earnings growth also. Stop as per this chart. Initial target only, will give more room to move as stock moves higher.
IPO NYSE:REZI leaves post-IPO-base. Spinoff from NYSE:HON
This chart is the Federal Reserve Monetary Balance Sheet overlayed with BTC BTCUSD BTC/USD! This is so obvious I'm not going to even say it! Drop a comment on what you think!
The Base money of the U.S. has cross below the 200x2Wk SMA for the first time ever. It is a 200 SMA of the 2 Week print or data reading. This is just how the FED reports, every two weeks. However, it has crossed below the 200 SMA. This to me is signaling a DEFLATIONARY Event is on the horizon. When money is taken out of the system at this rate it will be...
A buy stop order has been set in $LLY at 116.60 following the formation of a VCP pattern within a very tight base. Initially looking for a 2:1 risk-reward.
I have an order to buy long $OMCL at $75.10 following a VCP style base breakout. Initially looking for 2:1 risk-reward.
clean base breakout, possible risk reward slightly above 1:2