Sugar is at a very interesting spot for a short trade. Although this is an aggressive entry, the potential reward makes the trade be worth a try. We have a clear sentiment extreme, and rgmov alerts of hidden selling, plotting lower lows when the market is going for a sharp climactic ascent. We also have divergence in CCI, so you could consider shorts if the next...
NNA has solid fundamentals, but obviously that's not enough these days to mean much in short term trading. Dailys are showing solid bull set up with the indicators. Hourly indicators are a bit mixed. Daily Fib-arc, Bullish Gartley, pitchfork, and pitchfan are showing gradual-immediate bull. I'm in, are you?
I'm seeing a set up for a bull run. Trend lines have been upward slanted the last few months and is still be tested (currently we are on/around the median). Fibonacci resistance/support lines are being tested too. I'm thinking either in pre-hours, or early hours after opening the price very well might fall due to exterior motives (SPY tanking); but I don't...
Nice top forming at Mid American Apartments - MAA - weekly - daily. Will be in my watchlist waiting for downwards move to confirmation line.
I'm seeing a shortterm bull followed by a quick bear move to the pitchfork median below.
Unless we go into an all our recession, I'm pretty sure this stock will keep doing it's own thing (based on beta). With that said, it's looking like over the first few hours on Monday this stock will do some dropping, most likely hitting the 1.618 pitchfan line created on the weekly and overlaid on the larger pitchfork. The area of the 1.618 is very close to the...
A very respondent stock in regards to Fibonacci analytics. The colored flag is from the trend based (12-month) retracement. Layered on top is the 1 month high/low Fibonacci retracement. I added a hourly and a daily fib arc (which the price action is currently trading within). Stochastic, CCI, and MACD look ready for bull switch over (though temporary). I'm...
EURGBP: CCI crossed below 100 while RSI overbought. Bearish engulfing pattern emerged. Selling.
We can look to capture some upside in this pair. Currently lagging GBPUSD, and offering indications of a potential bottom. We have landed on the recent monthly uptrend's mode, currently finding support and evidence of the bulls getting involved here. A resumption of said uptrend seems likely. If you're not long, you can enter at market with stops under 1.8257...
EURUSD: Bear Wolf Pattern. Price has reached 127% fibonacci level. Look for reversal candle stick pattern. RSI is over bought. CCI is reversing.
Bears took bitcoin back to ground and now that forces seem to be on balance, the following days should bring a normal uptrend speed, framed by the 0,5 and 0,618 fibs. Thus it will take us a couple of weeks to get back to the previous peak. Several indicators are still on the bull side and after three days, they seem to be stable. This idea gets invalidated by...
Bloomberg (or was it Reuters?) predicted in November the economy would be moving sideways in a correction phase till mid-autumn 2016 at the earliest... Seems correct so far The head and shoulders is a bit obsolete but still can be considered a vague indicator of the direction (based on volumes). Fibonacci levels are agreeing between the different peaks and...
Again, most indicators are leading to a correction; I'm going short. With the recently tested 23.66 resistance, plus the blue downward-slopping warning line from the pitchfork, I'm guessing the price action in the next few days won't go above the 23.66 price point. The hourly and daily lower indicators (macd, rsi, cci, slow stoch) are all showing a possible...
Over the next few days I see a reach for the .5 Fibonacci level (1.90), or the Pitchfan line; whichever comes first. Heavy support from at 1.80 from longterm fibonacci level. I believe the overall trend is still bear for this penny stock, but for the interim its bull.
Daily indicators are showing strong bearish signs. Hourly and minute indicators are showing the opposite. I'm therefore assuming a bull will be loose for the next two days (maybe three), then it will break for the median and lower support levels.
Not much into harmonic theory, but this is a clear AB=CD pattern. Strong correlation between price action and downwards pitchfork. RSI, Stochastic, CCI, and MACD are showing signs of retreating from their overvalued status.
In short, the next few days will be in a bearish or sideways move. I'm predicting a strong correction to the median line in the next week or so