Not only numbers is attractive but also the chart. When both agree on company's future outlook, hard to resist to stay sideline and wait correction to happen in order to enter your long waited trade. In most cases, we are right about FB and so far all trades were profitable by simply using a few signals. Very strong level to watch now is $78.56 area where some...
Dropped on my radar by Klang, diving into 60 min subdivisions... potentially ending ABC correction, 60 min sub-divides into nice 5WC, APP's + 50% fib over prior trend shown
Goldman Sachs just broke down through a few lines of support. could fall further to ~$157 - especially if there's continued weakness in Europe.
The Goldman Sachs (GS) weekly chart shows the following signs: Last week GS stop on the top of KUMO and retreated in it. As you can see in the diagram I think there is a SHS on progress and a KUMO twisted. Alse there is a divergence on MACD. I think that GS will follow the channel down.
Over the last couple of days the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) has been steadily moving higher, making new all time highs. Many media outlets and so call experts are calling for the bull market to continue its rise. However, many cracks are starting to emerge, one must understand these, exercise caution and be ready to trade both sides. Among the...