Morgan Stanley had a pre earnings run ahead of its report today. The stock has pro trader activity in the mix. A gap up should be expected when this pre earnings technical pattern forms.
Last post: April 3rd 2019. See chart . Review: Price had continued to move higher. Update: Price has broken out again on a gap up suggesting further strength to the upside. Conclusion: Price is approaching the previous ATH. A break and close above this major resistant will suggest a continuation of the bull trend. Any comments or questions, do not...
$SPY - our $283 level of resistance finally broke over with the market busting over and gapping up this week. Spy currently sitting at $288.26 at time of post. Highs of market are at $293.85. 7th green day in a row, constant gap ups making it hard to get day trades with market breadth sucked out before market opens. In individual names, I have been take about 30%...
LULU has a consolidation that moved up above the previous recent new high. The stock gapped up on HFT action to the current level. Volume is rising. The support levels for the recent gap are the Sept high and the February high. This is weak support for swing trading or momentum style trading. Earnings are expected at the end of May.
PRGS has a classic Dark Pool quiet accumulation pattern followed by a pro trader run and then the HFT gap that is a breakaway gap. The professional traders’ technical footprint was the signal that this stock was poised for an HFT gap or run up.
Berita terkini tentang pengambilan 4 buah tol berkemungkinan akan meningkatkan lagi minat pelabur-pelabur untuk membeli saham GAMUDA pada esok hari. Ini kerana, jika kerajaan mahu memiliki tol-tol tersebut, GAMUDA akan memperoleh sejumlah wang. Wang tersebut dapat digunakan untuk GAMUDA untuk melabur di dalam projek-projek baru. Jika kekal di atas RM 3.020 TP1...
SBUX has now confirmed the gap gains by holding well above the trading range highs. This provides very strong support for the stock to continue moving upward. This daily chart of the stock shows a Shift of Sentiment™ Pattern with the Accumulation/Distribution indicator. The shifting pattern begins with the common gap down by HFTs in June and then the VWAP...
Pretty self explanatory, beautiful pennant/triangle breakout. Consolidated a bit before breaking strongly through today's resistance (GREEN LINE). Along with other names like nflx and aapl, all set up perfectly at end of day for another possible gap up tomorrow morning unless some sort of negative news comes out overnight then ideas automatically go to the...
$RUTH is an example to trend following using the sma50, this moving average offered several buying opportunities to go long. Today the company posted earnings and the stock hit all-time highs. First entry $21.80
Like many stocks, the more they Gap up the more there is profit taking when the market opens. LULU is no exception. If we go all the way back to Dec 2016 earnings LULU was Gapping beyond what a bag holder could resist selling. I suppose this brought the bears in. But if you look at LULU's latest earnings the Gaps have been below the 10% level and therefore had...
We have been long ABBV for a while! The stock is gapping up today after the company announced a cash tender offer for up to $7.5B of its common stock at prices between $99 and 114 per share.
TSLA is definitely in a downturn, both technically and fundamentally. Tchnically speaking the stock developed a double top highlighted by the blow arrows and is now headed for a major correction. A feasible support might be around 277,8 where an initial gap-up appeared around march last year. Stochastic RSI is deeply oversold and volumes support this thesis...
Seems like the news on chip vulnerability didn't cause too much trouble to the company's stock. Price went down as anticipated in a previous analysis (see related ideas) but the price pretty much held the first support (dotted line) traced on the previous analysis. Long-term Moving Averages results bearish although MACD is bullish with reducing volumes. My...
Yesterday, ORCL gapped up. It opened at almost $52 but closed closer to $50. This morning, ORCL dropped below yesterday's low but quickly got back up above that low. If ORCL can stay above 50 it should see higher prices. Any long play should have a stop at $50.
Transunion $TRU is staging a strong comeback on the daily chart with a rebound candlestick followed by a gap. Looking at all time highs before month end.
I'm confident enough that Nifty will gap open but I'm quite undecided about the direction though I;m biased towards Gap Up. Anyway thats not gonna help to trade, as its we are 15 mins away from Market open. But lets see , other than that if that double bottom on Friday, kicks in then we are gonna have Upside Gap of 9150's - 9200's. Edit : as pre-markets started...