Bullish Butterfly completion in $LNKD just below 100$. Dare to trade it? How about 1:5 R/R? Assuming you'll recognize some intra-day strength signal tomorrow, $LNKD can be an interesting aggressive buying opportunity. Follow me on TradingView Visit my blog - goo.gl Subscribe to the newsletters - goo.gl
- Nearly 63% off recent high. - RSI and MACD bearish. - SMA50 with a negative slope; bearish. - SMA200 violated and soon a negative slope - OBV gradually decreasing since 2013 Manage your risk and obey your rules.
Make or break at about 88 or else we can ship this stock to the grave. We will have a nice retrace to close the gap. I mean if we touch 88 and turns here we will have at least 100% upside. Whos with me? :) Excuse if my english is bad.
As obviously noted before the market is due for a correction. The Dow Jones and the correlated USDJPY are evidence of that. LNKD is in a great spot to sell with a major head and shoulders in play, a completed shark pattern, MACD crossover, and break of the recent trendline. As far as fundamentals go LNKD has been losing money all year with a market cap of $25...
SYNOPSIS : PREDICTIVE/FORECASTING MODEL: - Bullish - Top-most target = 307.50 MARKET GEOMETRY: - Internal reciprocal ab = cd symmetry - Geometry aligns with Model's 307.50 GEO: - Probable price attainment = 1-3 Line - Invalidation occurs < 165.57 OVERALL: - Bullish outlook - Invalidation if and once price BACA < 165.57 Best, David...
And earnings season slogs on ... . Next week there are bunch of biggies, but not all of them are worthwhile options setup plays, primarily due to liquidity. GOOG's option liquidity has never been the greatest, and CMG and LNKD have always been horrid, so right off the bat I would pass on those for options plays. GILD -- announces earnings on 2/2 (Tues) after...
In this post I would like to put together some previous stock market calls (still valid), as well as add two more promising shorts. It's been a rough week for US stocks culminating in a clear break of the Head&Shoulders' neckline at 2045. This kind of pattern is usually referred to as "Complex H&S top" , because there are multiple peaks and its "head" is a H&S...
The BBand squeeze in March would have worked out nicely and some may still be in that bearish trade. A strong bearish move below 185 would be a likely entry and 155.00 as a first target.
4-23 Lets keep it simple. Blue and green lines are support zones on weakness. Red are resistance zones on strength. That is all you need to know. If you are one who buy support and sells resistance? From here its all about the action at the red lines assuming a run higher of course. Feel free to follow on TWTR at @AmazingPatterns For informational and...
Spread is below the 10/20/50 ema on the hourly and 100 sma on the hourly. Below the 10 EMA on the daily, good wave rotation and bounce off averages. Good gap on daily as well.
Sideways. Could consider a bps to complete the Iron Condor if we bounce.
Linked in created and inverted ascending scallop -- confirmed. (thepatternsite.com). A bonus is the U-shaped volume with the pattern. This alone sets the target price at 279.25. In addition, a cup and handle is in the process of forming, which if successful, sets an intermediate target price at 263. On Balance Volume (OBV) also remains in a very positive upward trend.
7/29 gap at 38.92 is closed, so watch for a potential reversal. MACD looks like it's ready to reverse, but due to the volatility in this stock there's a number of things you should watch for. Rejection at 41.80, would take it back down to ~38.90, so I would watch for a careful break through this level on decent volume. 44.16 Seems like the likely target for...
With the market recently taking nose dives all around, I see more and more charts starting to look bearish in the long-term. $LNKD for example failed to make a new high and has formed what looks like a bearish flag pattern shown in chart. Obviously my timing and specifics of the down move cannot be predicted accurately, but I think this chart is worth watching to...
LNKD price action is now showing potential trading opportunities both long and short. The short scenario: The broader time frame is generally bullish but currently we are facing bearish momentum. This is a healthy retracement since it has not compromised any significant supports so far. Using Elliott Wave, I have counted 4 waves of a bearish impulse. This scenario...
It's not exactly breaking-news that Twitter tumbled shortly after it's IPO. Today's close brings the stock a smidgen below its near-IPO low of 38.80 , just before the euphoria of.... absolutely nothing set in and shot the stock to an all time nominal high of 74.73 proving to be nothing more than some kick-ass fuel for fire. TWTR closed the day just below the...