Search in ideas for "stochastic"
Stochastic Momentum Indicator - Signal Over bought and Over SoldStochastic Momentum indicator signal over bought and over sold oppurtunities. Oscillating between 0 and 100, with above 80 signaling overbought and below 20 signaling over sold. These indications provide another check on your checklist for buy or sell oppurtunities.
Stochastic Divergence Channel Line BounceStochastic divergence in a channel. I'm playing this one a little conservatively as it looks to be forming a rising wedge. There is still room to move up, but keep an eye on any reversal signals after you enter the trade. I'm confident in the move up and really like the reversal candle on 10/5 right on the trend line.
Buy: 17.00
Stop: 16.70
Target: 17.50 - 18.50
Stochastic/MACD Divergence breakout of a falling wedgeStochastic divergence breakout of a falling wedge. There is also MACD divergence on this one, so I wanted to include that indicator. This one was posted to Twitter this week, but I think it's a great setup and deserves a spot on the watchlist.
Buy: 26.00
Target: 27.38 - 29.07 (5.31% - 11.81%)
Stochastic Indicating buy signal after dbl bottomStochastic Indicating buy signal on the 240 chart as the signal line prepares to cross after over sold conditions. This comes after the bounce off 52 week low support. It also looks to have bounced off both horizantal support at 3.30 and a diagonal trend line.
Stochastic is indicating an oversold conditionStochastic is indicating an oversold condition. Also the %K is crossing the %D indicating that momentum is about to turn bullish. Now is an excellent time to buy.