Currently the 6th time in one hundred years the DOW has been as overbought on the RSI. In 1944 the DOW rallied 3.4 % higher first, then pulled back 4.5% yet in the other 4 times, the DOW pulled back 4-6% then had an upside bias for the next 2-3 years, where the DOW rallied 89% - 17% - 49% - 118% - 82% In each period after the rally finished, the DOW had a...
CAT has just completed a rising wedge pattern last week and now awaiting breakout. Cheers!
NFLX just broke out of its recent downtrend. Good Luck!
KMI is about to retrace to 17.3 Good Luck!
CELG broke support level and is headed to 105. Cheers!
CVX has a rising wedge that targets 104.2 Good Luck!
BAC is about to retrace to 18.2. Sell on Breakout. Good Luck!
Aroon about to turn, MACD checks out, moving back into EMA range
Poised to go higher (fundamentals), 87.62 could become the new price floor for acacia
My buy is only at the 4500 handle. Not interested any other way.
Daily head and shoulders formed - missed short at 4810 (right shoulder 61.8% retracement) |Missed Short: 4810 |Stop (Over Head): 4917 |Target: 4400 | Looking to take a short entry on an hourly pullback next week. TECHNICAL: - Head and Shoulders (right shoulder entry missed) - Flat Neckline - Expecting sell off to test neckline at 4650 - 20MA crossed under...
FB broke out of a rising wedge and targeting 110. Cheers!
Bearish Harmonic pattern, decreasing MA's, lower highs/lows, oil optimism, close below long term .381 retracement ( no support from .5), am i forgetting anything? Be careful friends.