BULL PULLBACK SET UP: Since about the end of June this year, WYNN looks like its been gaining momentum towards the upside. At the beginning of November, the 20 day crossed over and upward movement continued bringing it back to the upward trend line from the June/July lows and is now high basing with a pull back to the 9 day and area of support at 75ish. The bull...
In Mid-Nov there is a critical inflection point at 27300 at support from consolidation zone and rising TL in this bullish impulse. At this writing, DJIA index rests just at or above long TL reaching back to Jan 2018 top. Equities have advanced for >5 weeks. A small, brief pullback seems likely. If it gives a price relaxation back to the breakout zone at 273,...
Looking for some puke orders to re-enter a long position with SQ :D
1st entry 122.4 above 15min resistance with SL at 122.00 below support on the hourly. Half position size entry, scaling in after 1 x ATR with a 2nd entry at 122.62. Good pullback setup with price action break above 20 SMA on 15min chart - relative strength is favoring EUR over JPY.
Gold is looking interesting as it has stalled on direction of 50% fibo. RSI + MA are showing us a possible bullish momentum. A close above 1360 would see bulls make a run for recent highs and beyond with interim targets at 1370, 1380 and 1390. FX spread BO EOD call option Let's see...
Strong technicals on AT&T for a gradual upward movement. Stop under the channel and 20 SMA, target at even 40.
YY has recently risen from a double bottom trend reversal pattern. The current bull pullback buy along with the Bullish Thrusting Reversal Pattern makes for a nice setup.
BABA is coming off of a triple bottom trend reversal pattern and has recently pullback. Nice hammer on a bull pullback.
This is a solid fundamentally strong company. It's technically giving us a Bull Pullback buy chart formation. See information about Bull Pullback here: www.freeonlinetradingeducation.com
This is a fundamentally very solid company that has given us a nice bull pullback. See what a Bull Pullback is here: www.freeonlinetradingeducation.com
Added a token position of SLV, and I like GLD, too.
USDAUD will likely turn into a dip buy play before hitting all time lows and leaving the choppiness we have been having the past few days
SBUX Starbucks is significantly strong fundamentally hitting all of our metrics. This is a great High Base pattern in the making which is technically bullish. However, if price action pulls back and the reward to risk ratio is good, I will play a bull pullback trade. This stock is a buy if it high bases and breaks out past the $89.75 level. Hope it...
MD Mednax is significantly strong fundamentally hitting all of our metrics. This is a nice breakout pattern; now waiting on a decent pullback that delivers a great reward to risk ratio. that is technically bullish. This stock is a buy if it breaks out past the $00.0 level. Hope it helps, Des
CERN is significantly strong fundamentally hitting all of our metrics. This is a great Bull Pullback pattern that is technically bullish. The retracement is above the 50% Fibonacci level. This stock is a buy if it breaks out past the $67.31 level. Hope it helps, Des