The stock just broke through a perfect buy point and triggered a buy-signal. The stop loss level and profit target are shown in the graphic. All stocks on our watchlists meet the hard selection criteria according to Mark Minervini's Trend-Template and William o' Neil's CAN SLIM methodology AND are in the process of developing a Perfect Buy Point and a low-risk...
You will see by reading my previous posts this pair has been moving exactly as expected since hitting the lows @ 1.04 it's been correcting at the predicted levels like clockwork picture perfect lol What's next you ask ? As wrote in previous posts the SUPPLY/SELL zone at 1.21-122 is a target we got a small reaction at the 1.20 previous support/low I expect the...
Northern Oil & Gas (NOG)broke out of a solid volatility contraction pattern on Nov 10th. A perfect buy point was established at the threshold of 36.3. Volume surged when shares broke out in September and have held above their 50-day line, despite high volatility since that time. The stock is on its way into new all time highs and still in a buy zone. NOG is the...
Notes: * Strong up trend on all time frames * Great earnings track record * Basing for the past ~8 months * Now looking to come up on the right side of its base * Printed a pocket pivot in the last session, indicating institutional buying * Offering an early entry relative to its 50 day line Technicals: Sector: Healthcare - Drug Manufacturers -...
This is what trading can be, I am waiting for a buying opportunity within the buy zone. For that to happen, a double-bottom setup is a minimum setup that is required before I consider a buying opportunity.
Right now we have GBP stronger than JPY, but it will be possible to see a deeper pullback to collect more buy orders.
Notes: * Strong up trend on the higher time frames * Great earnings track record * Basing for the past ~3 months * Forming a cup and handle with the base ~14% deep and a flat handle * Formed a bullish engulfing candle a couple of days ago * Now it's flashing an early entry along with a pocket pivot Technicals: Sector: Consumer Defensive - Discount...
Notes: * Strong up trend * Okay earnings track record * Basing for the past ~8 weeks * Pulled back to its 10 week line and managed to hold it as support creating a cup and handle pattern * Printed a pocket pivot near its 50 day line offering an early entry and indicating institutional demand Technicals: Sector: Healthcare - Biotechnology Relative Strength...
Notes: * Steady up trend in a bear market * Nice earnings for the past to quarters * Recent IPO * Looking to break above its IPO base * Printed a pocket pivot, indicating institutional buying * Offering an early entry relative to its 50 day line * Sitting just above a pivotal level of 43.9 and holding it as support for the past several sessions * IPO base...
With all the BOJ intervention, USDJPY still stands strong; by the end of this week, at max next week, it will be back at the previous level. So, counter-trend traders, if you are looking for an aggressive kind of trend reversal trade; think twice before you act.
Hello, as you can see from the chart, we have a pretty strong level.The price repels him, and gives us the opportunity to buy.
Our two predicted targets for META (FB) is reached and I suppose third one will also be achieved in up coming months or years. I though that it might be useful to review the analysis as it is still valid and working well . Good luck everybody. Followings are description of the chart which I published 6 months ago : Stocks fall one after another ! We Saw...
Notes: * Recent IPO with steady up trend * Not the best earnings in the recent quarters * Basing for the past ~3 months * While basing it bounced off of its IPO highs around the 13.8 area * Recently breaking and holding above a pivot area between 16.65 and 16.9 * Daily and weekly volume seems to be indicating buyers coming in and the UD ratio seems to be...
Notes: * Strong up trend on higher time frames * Excellent earnings track record * Basing for the past ~10 months * Forming a cup and handle pattern while basing * Printed a pocket pivot signal, indicating institutional buying * Volume on the daily and weekly time frame seems to be increasing as well * Strong resistance around the $90 area Technicals: Sector:...
Notes: * Strong up trend on all time frames * Great earnings in the recent years * Basing for about 9 weeks * Starting o come up on the right side of its base with volume * Created a launch pad with the 10,20 and 50 EMAs Technicals: Sector: Technology - Communication Equipment Relative Strength vs. Sector: 4.11 Relative Strength vs. SP500: 6.57 U/D Ratio:...
Pattern confirmed and currently in a profit zone. Now would be a great time to move the stop loss (Red Line) into a profit zone or slightly above break even.
Notes: * Strong up trend on the higher time frames * Great earnings track record * Broke out of a ~21 month long base * Higher than average weekly volume and coming off from its 10 week line * Also breaking out of a smaller consolidation of ~12 weeks * Gaped up a couple of days ago and is now coiling * Broke historical resistance around the $97 area Technicals:...
The price has formed a falling wedge. This could be an indication that the price will break to the upside. RSI is under the 30 threshold, this means that is oversold. The target is 50.00 % of the Fibonacci retracement. Target: 34329.56 Entry: buy zone in the chart