Seems like that 200sma is carrying alot of power behind it
I dont know how i feel about these one. I think it needs to show a lil more volume or another nice authoritative candle sure break the trend :)
A little over extended as per BB other then that Bullish Environment for the time being. Blue Sky Break Out
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...
LNKD gap more bullish than bearish. Waiting for some bouncing.
as per 1min chart and its morning breakout... look for the back test of previous Bull pen-net or Fib 38.2% possible bounce and retest trendlines
Possible Bullish Cup and Handle forming i have been saying these for a while. With $COST good earnings and higher Dividend pay outs these year is these the break out were waiting 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...
Very clear and cut to the chase. Blue skys upcoming resistance LVL
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...
MACD with Boll bands(sell when is 2 std dev. above average, buy when below) is giving sell signal and it is meeting strong resistance at the 100d MA and trendline. Stop is above the 100d MA and target is the 3 std dev. band.
Trade from my watchlist came into play. Comments on the chart.
Yeasterday US markets closed in red with QQQ -0.8%, SPY -0.9% and DIA -0.94%. But this social network reversed from lows and closed near highs. I think we are close to resolution of this wide range with upside bias because of that strength. Now we have higher low @ $143.45 and important intermidiate support @ $145 that was retested intraday. Another action...