Historically when the Coppock Curve reaches this level, the stock drops an average of 12.9% over the next few weeks. There is no clear bottom based on the current trends, but my conservative drop is to at least 42.50. The bottom could very likely be in the low 30s. The key to a drop below 42.50 could be around the earnings release.
Historically when the Vortex Indicator reaches this level, the stock drops an average of 13% over the next few weeks. There is no clear bottom based on the current trends, but my conservative drop is to at least 42.50. The bottom could very likely be in the low 30s. The key to a drop below 42.50 could be around the earnings release.
CRM Date First Found - November 15, 2016 Pattern/Why- breakdown of trend line and up channel, possible earnings play Entry Target Criteria- break below $73.03 Exit Target Criteria- $57.13 Stop Loss Criteria- $77.37 Indicator Notes- declining Twiggs Money Flow Special Note- we would consider May $72.50 Puts currently @ $6.25 Next Earnings Release Date-...
LOW seems forming a head & shoulder formation & shaping up nicely for a short trade. To trade this we would consider $72.50 / 70 Jun/July Puts. You can check detailed analysis on LOW in the trading room/ Executive summary link here- www.screencast.com (Available to subscribers) Time Span- 43:40" Trade Status: Pending
EXPE was a Presidential picks & Xmas wish-list, nicely it hits its First target of $113 form $122.87 & now we are looking for a second zone trade opportunity. It is running within a big upward channel formation & we are looking for a break of upward channel. Trade Criteria Entry Target Criteria- Break of $83.13 Exit Target Criteria- $111.13 Stop Loss...
Historically when the True Strength Indicator reaches its current level the stock drops a minimum of 1.18% with an average of 5.06% over the next few weeks. I am tracking multiple potential trendchannel support levels and the first level to get hit coincides with a shared support level at 19.83. From the CLOSE on December 30, 2016, movement to this level would...
Historically when the vortex negative hits this level the stock drops at least 1.21% with an average drop around 13.57%. A drop around this average is possible, but DAL has not been trading at large enough daily spreads to make this likely in the next few weeks. A more conservative drop would be near the 47.56 mark which has been a pseudo support/resistance level.
Historically when FB reaches this vortex negative level, the stock drops an average of 6.71%. FB is currently in a bearish pennant and due to break out up or down. Based on historics, the pennant, and potential support levels, it looks like a drop to 108.23 is highly likely over the next few weeks. I am slightly skeptical of the pennant break within the next few...
Historically when FB reaches this RSI level, the stock drops more than 1% with an average drop of 5.94%. FB is currently in a bearish pennant and due to break out up or down. Based on historics, the pennant, and potential support levels, it looks like a drop to 108.23 is highly likely over the next few weeks. I am slightly skeptical of the pennant break within...
Historically when the coppock curve reaches this level the stock drops at least 1% over the next few weeks with an average drop of more than 11%. I am looking at two levels over that time but also monitoring two timeframes for a significant loss to take place. My conservative drop is around 25.81 where the stock floated multiple times since the election. This...
FB is currently forming a pennant and the apex is around the first week in February. Most likely the pennant will break down from its current level, or bounce and break up. First things first, FB is going down. Historically when the Coppock Curve reaches its current level, the stock drops an average of 7.78% with a minimum move around 0.75%. My conservative take...
Historically when VI reaches this level the LVS drops at least another 1%. The average drop is 13.13% with a minimum historical drop of 1.81%. The support line in the current trend channel would equate to roughly a 6% drop over the next few weeks. I am conservatively forecasting a drop to the 52.45 level which is roughly 3.23% from the close on December 27.
A fourth indicator of a drop is based on historical levels for the Coppock Curve. LVS drops on average 11.05% when the Coppock Curve reaches its current mark. My conservative play at this point is a drop to the psychological 49.50 mark. This would bring in around 9% for the stock, but could bring in well over 75% on a properly placed PUT option.
EDU broken down from a long term upward channel.Retested it & seems rolling over. We think it will be good short from here. Trade Criteria Entry Target Criteria- Break of $41.57 Exit Target Criteria- $37.33 Stop Loss Criteria- $43.13 Option: $40 Apr-17 Puts You can check detailed analysis on EDU in the trading room/ Executive summary link...
MOMO rolling over very nicely with very good divergence moneyflow. Its very volatile & seems to have the power of moving average behind it. Looking a very good short setup Trade Criteria Entry Target Criteria- Break of $16.87 Exit Target Criteria- $13.63 or lower Stop Loss Criteria- $18.37 Option: $17.50 Apr puts @ $2.6 You can check detailed analysis on...
FLT broke down from a rising wedge, consolidated in pennant formation and now seems breaking down from the pennant. It is showing strong downward momentum as it crossed down all the moving average & down volume increased huge. Overall it looks a decent short with good risk-reward ratio. Trade Criteria Entry Target Criteria- Break of $140.71 or rally to 146...
Historically BABA drops on average 7.57% when the VI reaches its current level. I have laid out 3 potential levels it could drop to. The first hurdle (which should easily be met) is 87.88 (pink dotted line). BABA has not been South of this mark since August. My three levels will certainly be in play once the stock drops past this level. CONSERVATIVE PLAY: The...
Many historical indicators are at play and against the short term for LVS. When the TSI reaches this level is stock drops at least another 1% but drops on average 9.14% over the next few weeks. I have outlined 3 potential points LVS could drop to. CONSERVATIVE POINT: With the average drop around 9.14%, an even 9% drop would be around the 51.88 mark and it is...