A weekly chart reveals the long-term trading range in which JNJ has been stuck. This Dow component ran up due to buybacks around the start of this year. But the trend and volume-based indicators show a lack of quiet accumulation by Dark Pools. The stock slid down ahead of its earnings release today and gapped up slightly on the report, but there has been...
1. We've reached the peak of stock buyback blackout season.
2. Massive Wedge
3. MACD Divergence
4. MFI points to overbought conditions.
5. Weak Volume
6. Nearing a double top.
7. Hanging man on the daily chart on Friday.
8. Buckle your seatbelts.
Have a great week trading everybody!!!
Not Investment Advice.
JEF is the parent company of Jefferies Group LLC. The child has been selling ridiculous "fixed to floating rate" 25 year bonds. They might have a plan to do some buybacks. Fractals are not real. The long entry level is at a volume profile low node, the fractal just happens to hit it perfectly.
JPM kicks off the official earnings season this week with a report due out Friday. All attention will be drawn to these early banking industry reports that will set the tone for the entire 1st quarter earnings season. The stock has had buyback activity recently while some Dark Pools lowered their holdings. The chart shows patterns of Dark Pool rotation....
This is pretty cool. Each time the price of the SPX separates from the action of the S&P Buybacks Index; the price reverses course and heads in the direction of the Buybacks, or vise versa.....
Corporate Zombieland has decided its more important to have the stock price rise continually into infinity than to have actual discovery in their company stock...lol
Earnings Season is approaching soon again. The Big Banks are usually the first industry to kick off the earnings season and often provide an indication of how the earnings season will play out. Checking the largest banks' trendline patterns shows more selling than buying. BAC had 4 big down days recently and is now hovering at a gap support level. The bank may...
BNB/BTC (Token used at Binance to have discounts on their fees) has been in a clearly uptrend since December.
From experts in crypto markets this chart has SO MANY signs of manipulation/centralization:
- The trendline has been so clear and definited, with several attempts of break out. See as example in point "a" how big the buying pressure was at support, and...
GE has been participating in stock buybacks. They have spent a lot of their renaming capital on buybacks, 24 billion to be exact. I am guessing a lot of the stock buybacks were with borrowed money due to the low interest rates of 2009-2015. As the interest rates rise, GE will have to pay back their debt. The money GE put into its stock is worth less now compared...
Dan Larrimer has created two very successful projects: Bitshares and Steem. In my opinion this something in longterm can give you second etherum profits! :) for me this is coin that I am accumulating. Here, from otherhand we have short idea to buy back in, there are nicly done fib supports what ever tool you are going to use
I suspect a quick retrace probably overnight followed by a bounce early next week for next attempt at new high, however to reach 214 would require momentum plus serious buying power as there is a lot of resistance at 213+ So very short term bearish