2 possibilities from here a break above 76 will be bullish or a fall to 72.50 area and support being taken there is key for the stock. Till then don't predict the range!
Falling channel/bullish pennant again and again for the past few days... Long after $603, 1 more bear cave to drill and take profit at $680/$800.
I think Disney is looking for the market sentiment to decide which way it will go from here
There are good news and bad news, but what if it's a neutral news? They are ways to trade all types of news and this is one of the best example. Short trade, fast profits within minutes on the 1 minute chart.
Which way will we go? In-position: -Stop Loss: $595 ~ 599 Sleeping in fiat: -Buy: $621 onwards
Before earnings I sold puts 400 & calls 500. NFLX made in afterhours only little move. I awaited biger show.
we can see on hourly chart there is a bullish gartley pattern that will confirmed at around 101.118 then not only that, we have bearish bat pattern will confirmed at around 101.700 if we go to 4H chart, we can see the bearish cypher will confirmed if price hit around 102.06. if we go to daily timeframe, we can see the 26.18 trade the double bottom, the RSI...
There seems to be another leg up forming at the moment along the long term trend. Entry point: $8.931 Stop loss: $8.843 Reward/Target: $9.507
Many trades are are nervous... support 0.01075
As far as channels attest, AAPL seems mid-course. If we run up to 97.06, I'd be hoping for a short entry, but that's counter-trend. A safer bet may be a buy off one of the lower two channel lines.
We have two potential harmonic patterns. A bat (green) and a cypher (blue). If price action violates the C leg, then the bat pattern is no longer valid. Price is looking pretty bullish and might complete the cypher pattern instead. Patience is the key. let's see what happens. ****************************************************************************** For...
As of now, it should be pretty clear that we are on a rising channel. Given the fact that this is just the beginning of the long term bull market, there's simply no way we can clearly define which channel the market is following. In the graph, it is defined by the blue, red and pink lines. (With the pink lines as the least confident ones, best suited for short...
The EURJPY is locked in a strong channel at the moment but watch for it to break the channel and head strong in the up or down position once the channel is broke. You can do a nice scalp play on the micro down and up trends.
UPDATE ON PREVIOUS POST. THERE ARE MANY FACTORS GETTING INVOLVED. I APOLOGIZE I HAD ATTACHED THE WRONG LINKS TO THIS UPDATE. TECHNICALLY THE INDEX IS STUCK ON ITS 9-10 EMA HOWEVER IF IT FALLS BELOW 1931.9394 THERE IS NO SUPPORT FOR A WHILE POSSIBLY ROOM TO FALL TO 1892. IF IT STAYS ABOVE WITH VOLUME IT WILL RALLY.1936.2382 WOULD BE THE WAVE START. NUMBERS TOMORROW...
Fundamentally, the euro is not looking so good. But I always trade what is on my charts . Price has formed a Bat pattern and also a cypher pattern (credit goes to user eXcess0070 for informing me there is also a cypher possibility)... Hidden Bullish divergence on the RSI tells me maybe the Euro is not completely done and have some fight left in him. . PRZ zone is...
In the past time I supported the Short Idea very much. But in this case lets be neutral and therefore I wanted to show that there is still a potential for more upside movement in the case that the correction will get pushed up over 1289. Im supporting the longterm Short idea which has to show his potential between 1280 and 1285 in the coming week. If this level...
The IBM (IBM) weekly chart shows the following signs: The Price of IBM came into the KUMO and stopped at Kijun Sen resistance. The Stock is over the EMA200 making a triple bottom from Oct 2013 till Feb 2014 on it. The MACD and RSI are mixed to bearish. If today (Monday) the stock is long, the next target is the resistance of Tenkan Sen at around the $190....
The Sony (SNE) weekly chart shows the following signs: The Price of SNE after earnings and forecasting announcements before two weeks, retreat from $17,30 to almost $16 last three weeks making a gap. The MACD is in bearish sign and the RSI too but both are smoothing the movement. The stock met resistance at the bottom of KUMO at $16.55 and retreated to $16.18...