#ABC Amerisource Bergen Corp american Stock long bias with two new weekly demand levels created around 94.5 and 76. Long bias at weekly and monthly imbalances, clear uptrending market with new levels of demand being created
Support - $12 Resistance - $16 A pennant is being formed here, so very likely that it will trade within the range and then break out either to the upside or downside. Next few months will be crucial for SNAP and we will get a clear picture to where it is headed. NOTE TO SELF : HOLD
Before Apple reaches the $200 (1 trillion valuation), it will experience a pullback that may send the stock to even $123 price (please see chart). Base on the Elliot waves, Fibonacci, Price action and others. For fundamental analysis, there is an emerging preoccupation that stocks will suffer a "quick pain". Please feel free to leave your comments (constructive...
For the Chemicals index, I believe within this quarter that it should reach $670 as a price point. The overall correlation have been positive. The market has been full of upswings and the DOW Jones as well as Stock Indexes are all seemingly strong. Also the stock rally of many of those chemical based companies are expected to go up given the demands of synthetic...
Twitter seems bearish with a 52 week high, but also seems stable at around the $25 price. The correlation as been mostly negative in the past, with a small rebound going positive. It is quite possible in this trend line that a 47% increase in price in the next 2 year can happen. However, given increase in competition, overall market adaptations, as of now it is...
Rally expected to minimum price projection @ 2663 by end of this week
Analysis of % market cap of europe and america vs the world ... money.visualcapitalist.com
Structure is developing in a complex way. What I see is we're in process of a larger degree b wave. The Internal looks like it's either a flat or a triangle for another push up. Lets see how this one plays out
WLK was one of two triggers this morning (the other was OZRK). The Fast Ball XRV setup was on the buy-side of the market. It trigered right after the bell, and quickly booked a $1 per share profit. NYSE:WLK
The furniture retailers made a sharp Fast Ball XRV move lower Tuesday. We will look for a short-side extension in WSM on sector weakness on Wednesday. NYSE:WSM
Westlake Chemical (WLK) reported Q3 EPS $1.61 vs consensus $1.46. The stock took off and looks to have a tailwind pushing it into the Wednesday session. We will look for an entry above the Tuesday high, with a target at a measured move extension. WLK
The banking sector made a big move lower on Tuesday, and OZRK looks ready for another slide. With little support below, the move could offer significant short sale gains. NASDAQ:OZRK
EBS left a Fast Ball XRV breakdown on Tuesday. The stock broke support and has as much as $1 of potential downside.
SYY tested its uptrend support line from July of this year. The next suport is at $53.34. What started as a blastoff higher ended a day later with a Fast Ball XRV setup lower. We will look for short sale opportunities at intraday support and resistance. NYSE:SYY
ORBK opened net-negative, then took off and put in a Fast Ball XRV day. We will look for a break above the Monday high, or a pullback to the central pivot that reverses higher as a cue to enter a long position. NASDAQ:ORBK
Franco Nevada reported 30c vs 25c concensus on Monday sending the stock on an Fast Ball XRV move to the upside. A continuation on Tuesday will have us long the stock with an overhead target at resistance.
AMBA could see a Fast Ball continuation move to the upside during the Tuesday session. We will look for a breakout of the Monday high with confirmation prior to entering any long position. NASDAQ:AMBA