Facebook is finishing to trace minute wave B of minor wave 4. We may see a small correction in the range from 219 to 200, before the uptrend continues. If price crosses up 245, this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
Hedge Funds love this one Great Volume Today .BB BREAK on Daily Talk of earnings surprise.room up to EMA at 10.70. im buying calls tomorrow...
Hello traders! I continue to expect another significant wave down in world equities as per my consistency across my ideas. While it may not happen all at once, the main trend is one more wave down to at-least test the gaps across virtually every index/ETF/stock from March 24th. While the level on March 24th should bring about some support when we close the gap,...
Evening Traders! Today’s technical update will be on Facebook with an oversold bounce coming to fruition, this is similar across the board due to the immense sell pressure. Points to consider, - Trend broke key 200 MA - Local resistance being tested - Local support at .50 Fibonacci - RSI approaching yearly lows - Stochastics in lower regions - Bull Volume...
Coronavirus is hammering stocks today, as everyone knows. The disease most directly threatens chip makers, transports, energy and financials. Some corners of tech are less directly impacted… like Alphabet. Today's drop represents GOOGL's first pullback to its 50-day simple moving average (SMA) since the company broke out to new highs in November and December. It...
See chart for key levels and breaks T1 = $385 T2 = $420
TD Sequential showing a Green 9 and Stoch RSI are turning bearish for Google. Selling volume is starting to build momentum while buying volume are slowing down. Which tells me the bears are getting the upper hand over the bulls. We have gone up for a few days now, maybe a short term pullback is due tomorrow or this week.
Hello Traders, Apples stock price is now approaching a major double top. There is also a strong ascending wedge formation on the stock price. We will be looking to short sell in the company waiting for a break below the wedge line. Any thoughts or comments let us know, www.forexstoreau.com
Created this t.a. mainly to practice "early downtrend detection" but fb may be signaling a potential set up as well. Price is currently consolidating with easily defined support and resistance levels but it is also showing beginning signs of a potential downtrend formation based on the stock's history. Watching for strong break above or below support/resistance...
With the monthly close looking bad, we should see a pull back to a new low
It's time to decide which direction the apple stock will go. Watch out closely the interest rate decision of the fed.
The support and resistance levels coincide in an uncanny manner with the Fibonacci retracements. Once again, the price was rejected off of what looks like a mini double top and has already (almost) made it to the support level. We may see a bounce to form what appears to be a triple top or a brief overshoot as the negative divergences on the PPO and RSI get...
Bear Case: *Bear-Flag on weekly (Massive) *H&S on weekly (Massive) *Failing to hold above 50 MA on weekly (Needs confirmation) Bull Case: *Apple **** I think we break way lower... Let's talk about i!
You've heard it so many times "greedy when others are fearful", but fear takes hold and sways your judgement. What are the common sense clues? The talking heads are trying to "call" the recession before it happens simply for an "I told you so" moment, but where were they before 2008 and earlier? Why can't we make some serious profits after 10 years of an...
I thought it would be fun to post something to illustrate how my predictive modeling systems can help to identify and predict future price swings/sizes and opportunities. This AMZN chart shows predictive modeling targets and dates going out about 30 days. This model was generated by one of my most advanced modeling tools. It maps the technical and price DNA of...
Despite all the hate right now in fangs stocks, history tell us that NFLX has been the best performer in the SPY period. Yes, these names was absurdly overbought but right now are too dramatic and negative, but NFLX had an amazing quarter and is the future of streaming video, Cable Tv is dead, and yes there will be more competitors but when you buy stocks you tend...
A few price points on $AAPL we're keeping our eyes on...
I strongly believe that the Amazon negative market action after earnings can cause a ripple affect in the tech sector. This will affect netflix to fall with the crash.