This showed a lot of volume yesterday right at the support level. 9.15 level (red box) is a tough resistance to break out though. Better to wait and watch. Provided it breaks up and consolidates, 9.8 is a great target, else 7.9 is the down target.
1W has found nice support at 40.35. Expecting this to bounce to 47 at least and potentially 49 level. Target is 47.
BAC is showing short term weakness, will go test the support. Expecting a bounce from 15.15 level to the top of the range.Target is 18.3
AAL recently broke up bullishly from the wedge. It is already at 2nd standard deviation. Also, RSI MTF pane (1hr/4hr/8hr/1D) is showing an all-timeframe OB synch signal. Expecting a consolidation at this level, planning to buy any dips. Next leg target is upper 3rd standard deviation range.
These are some of the indicators from my two packages available on TradingView appstore. This chart has S/R levels, derived from an oscillator, overlaid on price action for easy identification of clusters and turning points. It also marks bars (up / down triangles above/below) with reducing momentum to show potential upcoming bounce levels. This S/R level is...
Bearish Trend could continue if we see positive NFP results for the USD, If the respected level is broken we could see a major crash in the price of Gold.
Get the script from These levels are based on price around earnings day. I have implemented support for 2 calculation modes: Mode 1: Level = (low of 1 day prior to earnings + high of 1 day after earnings) / 2.0 Mode 2: Level = (hl2 of 1 day prior to earnings + hl2 of 1 day after earnings + close from earnings day) / 3.0 Chart above shows "Mode 1". Mode can be...
Economist David Levy recently wrote an article "Ready For The Next Big Recession?" David sees global economic pressures adding to a global recession that will be much worse than 2008-09. US employers are not too worried about a possible global slowdown. Employers are creating jobs at the fastest rate since the 1990's. However, they should be concerned. Brazil,...
ADTN Daily chart is showing a squeeze right before earnings on July 7th...any thoughts from my more experienced brethren on which way it will break?
I've used LazyBear's COG Channel for several strangle trades this past two weeks with exceptional returns. A strangle option is simply buying puts and calls with the same expiration. You purchase a strangle when you don't know direction and want to play the rise of volatility (vega, IV) for each direction. Chart Indicator COG Channel Squeeze is simply when...
Basically a percentage graph with tweaks to help identify hidden trends... such as the bull market forming here. Inspired by Lazybear. =)
--------------------------------------------------------------------------------------------------------------------------------------- If you use any of these indicators regularly, appreciate a small donation :) My Bitcoin address is : 1Cs5DJ7DGqYVBWaAt5rPuRcD66ULgVCFnx My Amazon wishlist here : amzn.com Ping me if would like other means of contributing to my...
*** See the first comment below for full snapshot. For some reason, the chart didn't publish properly **** I see a flurry of price predictions being published daily. Some are logical, some are "hope we go to moon" types. Here's my crazy 2cents, I will let you decide which category this belongs to. :) I noticed that that the run up fibs from ~7 to 259 bounced off...