Boosted by Buybacks, CAT recently ran upward to break out of its long-term Trading Range.
Professional Traders initiate trigger action on quiet market days. AAPL is testing new highs.
Heavy buybacks with HFT action has driven AAPL to new highs with a steep Angle of Ascent™. Pro Traders are likely to take profits soon.
$SGEN has been on a long-term bull run as we look at the weekly chart. Positive topline results signal that the bull run is set to continue and we expect $SGEN to keep racking up new 52-week highs. Seattle Genetics (NASDAQ:SGEN) is up in reaction to positive results from a Phase 2 clinical trial, HER2CLIMB, evaluating combination of tucatinib, Roche's Herceptin...
After running up due to corporation Buybacks, MCD has failed to hold those new highs as heavier than normal Dark Pool Quiet Rotation™ to lower inventory of shares continues. The stock is now stepping down in a short-term topping formation.
Did well with my short play on Z1P, gap up nicely then fail to pass $5.37. Got in at $5.34 with a stop at $5.39 with 1,500 shares. Reduce my position at 1 R by 30% then got out the rest at $5.26, quick scalp play to the downside. I like to calculate the stocks Standard Deviation of 1 year data, hence why $5.37 is a key level.
DIS has slipped down after reaching new highs on the short-term trend. The stock gapped up in April with a Shift of Sentiment™ indicator pattern. However, Dark Pool Quiet Rotation™ has been weighing heavily on price in recent months.
$JACK keeps looking more and more interesting. While it is hard to buy a stock that keeps making new highs, the recent price action tells us that someone is accumulating a position. We are seeing more green days than red days in $JACK. @Ivanoff tweeted today that something is brewing and we agree. We've been watching $JACK for some time and haven't pulled the...
Silver longterm bullish; this is a Bull market correction, a buying opportunity. Same thing with Gold.
$IDT has been one that we have traded well in the past. The stock has a history of explosive moves. Above $8.7 and we see the stock get going and we believe we will see $10 to $12 in rather short order. $IDT started climbing last week after reporting Q3 earnings. The highlight was the company in the quarter swung from a loss last year to being profitable. The...
It's very possible.....
The price dropped from the 9K highs to find support at the 61.8% Fibonacci retracement level around $7500. The directional index lines did cross but on falling momentum. This is a picture of a bearish correction in an overall bullish market, so the support on the price chart should hold and so far it has bounced. The RSI also dropped, but still remains well...
PYPL has risen out of a short-term bottom that completed in February to reach new highs. The stock may shift sideways soon to pattern out speculative price action.
Hey guys, we are having a nice bullish move with the S&P 500 EMINI. Of course S&P 500 has been bullish all year so why fight the trend?
Nasdaq Composite Index closed at new 2019 highs last Fri. That also coincided with the first close above the weekly clouds for the year. It remains to be our high conviction call that stocks will make new all time highs this year.
Chart is crazy and normies will be brainwashed by groupthink that this will not happen . They will say there is no way that is gonna happen no way. Mike Novogratz assured me bitcoin would never be below 5800 ever again as he birthed the "there are no more sellers" as he also told you that on the cnbc. I imagine this post will get banned as we get closer to this...
Based on the price behavior of GOOGL since April I think we are in the final stages of a 5 wave impulsive structure to the upside. I think we are probably in a 5th wave that will send GOOGL to the 1320s and potentially even the 1350s. The former is based on the notion that wave 5 will be equal to wave 1 in magnitude; the latter on the notion that there is a 70%...