Thanks for checking out this post, sorry about the right side of the graph, if you take your time with it I think it'll make sense, everything there is important, and I'll answer any questions you may have. I think right now we are in a B wave of an ABC to the downside, details are in the chart visual and verbal.
/gc gapped down but not much and has already filled. Looking for this to be bullish stil. Like for it to break the drawn trend line for confirmation. Still see this reaching the above supply zone. Held GLD here and will continue to hold.
ROKU has been slaughtered over the last couple weeks. Is it time to buy for at least a bounce? I'm leaning towards yes... but I haven't really gotten an entry reason. ROKU fell more than 40% from wick to wick on the candlestick chart. That's pretty incredible... however, they have had a tremendously good year. I'm not saying they will go up and retest their all...
Silver will hitt 21 dollar per ounce, after retested the last gap , there is a new gap. If China buys more silver tonight we could reach 20 dollar per ounce. If China doesn't buy and short ; then we will retest the last gap around 17.300 and 17.400. Have a nice and risk management week
NYSE:WMT has been beaten around lately after a report found they were mistreating a group of 178 female workers. After a gap down, more selling off, and then a rebound just above the widely used 200-EMA, it is now seemingly gearing up for a a bullish reversal out of an island reversal chart pattern. Green line: island reversal trajectory Orange rectangle: Gap...
This could be interpreted as a bearish cypher or gartley (depending on the placement of point C) that invalidated the descending triangle we were previous in. By no means am I going short oil given the geopolitical sh*tstorm that is brewing, however in the case of a pullback from point D, I believe the 0.382 and 0.618 targets (green) that fall inline with the...
Apple jumped into a "zone" last week. Last two times we seen a pretty good drop from this area. We also have a "gap fill" possibility below. I like bearish positions on this with break out the bottom of the zone, played back to the EMAs and possible further. With NQ looking bearish just adds a bit more confirmation.
Couldn't break above long-term uptrend AGAIN, volume declining, RSI overbought, volume divergence since the gap up, and the gap needs to be filled (well, usually they do...). Clearly the market was not overly impressed by the end of day on Friday. The entire day was flat, and .2 was shaven off SPY in the last few minutes of trading and it almost closed at 0 or...
About CFMS Conformis, Inc. (NASDAQ: CFMS), is a medical device/ technology company that uses its proprietary iFit 'Image-to-Implant' technology platform to develop, manufacture and sell patient specific joint replacement implants that are designed to fit each patient's unique anatomy. Technicals Bullish Gartley pattern (786 retracement) Fibonacci...
Potential pullback on eur/usd up to 1.073 on fibonacci golden ratio and the minor zone up there. Will be looking to see any price action to confirm my entry. #tradesafe
1st. I see H&S pattern on USD index 1d chart which is testing it's necline now. 2nd. We had pretty big GAP when gold opened, which closed just right now. After these two I'm expecting gold will go back up to this day high (pink line) if we break it next stop on MT4 is 1605. Thats prety high jump, but if USD H&S wil work it that not even the highestwe can go. Good luck.
My current BIAS for USD/JPY for the upcoming week is NEUTRAL. My reasoning behind this is -We are currently rejecting a previous Weekly Support. -We have gapped around 45 pips in the market. -We will be looking for the gap to refill as usually when a gap is made in the market after market opening we tend to see price revisit previous price before then...
Silver has a long way to go to catch up to Gold so price may easily break through previous levels of resistance. The gap above 25 seems like a good intermediate-term target.
Michael Burry, whose prescient bet against subprime mortgages before the financial crisis was depicted in the book and movie The Big Short, is making another contrarian call: going long shares of GameStop. We believe the low of $3.15 will hold and can go long off a stop just below. As always, trade with caution and use protective stops. Good luck to all!
$VIVE has come across our screen after the company received 510k approval of its Viveve System 2.0, which is its second generation product. This is a big development and explains why the stock is up 24% today. We believe there's a lot more room for $VIVE to run as there are gaps above that need to be filled. There's $1.50 to $1.84 and then $2.50 to...