-GBP/JPY manages to break the previous support zone strongly. -There is less resistance on the upside. -Risk to Reward Ratio is 1:2 We are bullish on this trade. EP: 145.486 SL: 141.841 TP: 153.625 Btw, this trade got little positive swap :)
Technically Speaking The stock is trading at a level that has proved difficult to sustain. Will it finally break through? Fundamentals What do they do? Link below: www.google.com Big believer in checklist. Here is mine: Should I buy? * Is it trading at an important technical level that is obvious? * Is the R/R in your favor? * What is the likelihood...
Holiday sales this November for Thanks giving would suck for sure. And also same for X-mas and New Year for Target. TGT TARGET FROM 2015 July high $85 it is slowly trickling down. If you draw a line from that high to 2016 march high you will get a better clear picture. It may not get bankrupt but stock will be in a good position to buy if it breaks 2 support...
WMT Wal-Mart made their high in 2015 and ever since it's going down. More problems will surface with this company as more days pass by. But there are only 3 Green support lines @ work 1997, 1987, 1982. Probably the next good support is area of $50-$45. Then when it breaks it is possible to re-visit $5 area for ultimate buy zone. With the time line analysis it may...
Update from my previous post. Looks like BBY is rallying and will continue to possibly around the $36 PT. Expecting this to hit max PT of $37.50. Searching for conformation of rally continuation such as a test of support, probably around the inner declining dotted line or at the previous high resistance of ~$35. So temporary long until otherwise.