Historically when the coppock curve reaches this level the stock gains a an average of 5.11% over the next few weeks. Because Visa has had 4 consecutive days of solid gains, it may drop over the next 1-2 trading days. Buying the dip would be a great options play. The pink zone is the target area for the price to reach. My conservative play is a move to at least...
Historically when the coppock curve reaches this level the stock drops at least 1% over the next few weeks with an average drop of more than 11%. I am looking at two levels over that time but also monitoring two timeframes for a significant loss to take place.
My conservative drop is around 25.81 where the stock floated multiple times since the election. This...
FB is currently forming a pennant and the apex is around the first week in February. Most likely the pennant will break down from its current level, or bounce and break up.
First things first, FB is going down. Historically when the Coppock Curve reaches its current level, the stock drops an average of 7.78% with a minimum move around 0.75%. My conservative take...
A fourth indicator of a drop is based on historical levels for the Coppock Curve. LVS drops on average 11.05% when the Coppock Curve reaches its current mark. My conservative play at this point is a drop to the psychological 49.50 mark. This would bring in around 9% for the stock, but could bring in well over 75% on a properly placed PUT option.
Historically when the coppock curve reaches this level the stock moves up an average of 4.93%. While I am tracking another indicator pointing down, both can happen. My conservative call is a move around the top of the wedge/trendline (white) and then a possible drop. A well placed call could fetch around 15-20% in a matter of days.
When the Coppock Curve turns around this is a good sign the chart is reversing direction. Combining this with the TrendBars indicator which add Heikin-Ashi colors to the candlesticks, both indicate a bullish direction. This is still true, even while the chart had wild premarket buying and resultant selling off during regular market open times today. The chart is...
