Buy point 50.10 IBD buy point 48.83 3 Red dots, 1 yellow Composite Rating 99 MARKET DIRECTION AND INDUSTRY GROUP FOR XRS General Market Market in correction Industry Group Industry Group Rank (1 to 197) 41 FUNDAMENTAL PERFORMANCE FOR XRS Current Earnings EPS Due Date 04/26/2016 EPS Rating 90 EPS % Chg (Last Qtr) 0% Last 3 Qtrs Avg...
JBSS has 7 Red dots Composite Rating 99 MARKET DIRECTION AND INDUSTRY GROUP FOR JBSS General Market Market in correction Industry Group Industry Group Rank (1 to 197) 31 FUNDAMENTAL PERFORMANCE FOR JBSS Current Earnings EPS Due Date 04/25/2016 EPS Rating 97 EPS % Chg (Last Qtr) 43% Last 3 Qtrs Avg EPS Growth 34% # Qtrs of EPS...
Chart trending above the two MAs is a very bullish move. The cup and handle formation is looking clearer every day.
I think we could see price bouncing down from the 500 trendline which should form a nice cup and handle
Here you can see a clean and classic formation of a cup. But where is the handle? That's what I'll be waiting for.
We now have a nice little Inverse S/H/S pattern in place and yesterday we saw a Cup with handle being triggered for a rally to the calculated target of 1,150. From an Elliott Wave point of view, an large ending diagonal most likely terminated with the test of 1,046 and if this count proves correct, then the target becomes the origin of the ending diagonal, which...
Watch for a breakout of the rectangle to finally see the EUR going up.
Big Triangle still in Play.. 1D pinBar printed.. We´re about to bounce .. Cup n Handle o Fractals.. We´ll see.. =)
FX:EURUSD Trade the breakout; Check previous published idea to have a point of view of another bullish trade setup. (link below) Safe Trades;
Must see good breakout with large body candle to confirm the validity of the pattern.
Should expect a pull back to the .5 followed by a rally to the 1.618 extension
Earnings is always a coin flip. But if there is a measured move like last quarter, price could flirt with all-time highs again. Short float right now (<10%) is NOT is large as the last two quarters when it was pushing 30%. So a move higher may not be as dramatic the next day after earnings. Expected move with earnings this week is +/-$15 Bought broken wing...
BUY: new high, break of 248 TP: along the targets up to 281 SELL: break of black trend line & failure to break 248 TP: around 232.5 - 235 / Build a new long position from there. HOLD: if you are long, the break of the C&H neckline indicated that price will try to reach the C&H target 256-258 A break of 248 would indicate that...
Updating this trade, now that prices have climbed +139 pips, there is a cup & handle pattern that is forming and prices have now just about reached up to the B point line which is also a relatively strong resistance zone as well. The top of the cup & handle also meets at this point. Usually, with cup & handle patterns, the handle will complete around the 38.2%...
Great cup on this breakout and this stock is doing well. The options are not holding HIGH OI, but i would look at OCT 185 calls for 10.30 but know the spread is 60 cents so this will loss that 60 per share until it moves to make it up. I think it will hit the 200 level within a few months....
Rost has earnings coming out in 9 days, look for it to breakout prior and run into earnings....this would offer a nice upside potential to 60s, but it could take longer to breakout. Stop would go below breakout once it breaks with a 7-8% stop and need volume to support the move
Following up on my previous chart published a week ago, my second forecasted scenario happened - "the whale who triggered this ponzi pump was in fact selling his BTC stash at 31x, 30x and 29x accumulated at much lower levels (215-230) in the past few months". In the past chart that I published we broke the small handle (of the cup-and-handle and we went down to...