S&P 500/SPY Next level $277.64 - $278.00
1) We formed a bear flag figure.
2) We have 2 big impulses (Current impulse is 2)
3) We are under two moving averages 60 and 200
4) We are under clouds ichimoku
Target is: $277.64 - $278.00
Looks like a right shoulder could be forming, weekly chart offers a nice view and divergence for the H&S pattern. A break to the low through 200SMA on a daily chart could signal a nice short. J&J tasked a Federal Judge to take over the 2400 lawsuits because of the baby powder fiasco so company is still dealing with the fallout.
Could be a good trade for next...
a simple bearish setup to share with you….
Facebook, Inc. is focused on building products that enable people to connect and share through mobile devices, personal computers and other surfaces. The Company’s products include Facebook, Instagram, Messenger, WhatsApp and Oculus. Facebook enables people to connect, share, discover and...
The market made a huge gap and it helped the price to reach a support zone. This zone is between SMA100 and SMA200. It also includes 50.00 support level. The price reversal from this zone will be able to give a possible buy opportunity.
RSI line is at the oversold zone and it will be able to give us a good confirmation for the price reversal. MACD histogram also...
Our figure is a divergent moving triangle less common.
1) Breakdown deal
2) Execution of the second impulse
3) Magnet - price $400
About stop loss:
Stop loss is placed at local minimum.
Buy Limit = $375.00
Take Profit = $397.77
Stop Loss = $365.64
Profit:Risk = 2.43 : 1
Profit:Risk = +6.07% : -2.50%
Cisco Systems, Inc.
We go up the channel for too long.
Now there will be a breakdown and a reversal of share price.
About stop loss:
Stop loss is placed just above the weekly candle in case of a false touch.
I am still new to this but I am still learning. I am just sharing of what I feel through the analysis that I did while the market was closed on the weekends.
This is the GBPUSD pair. From what I have analysed, this is what I feel the market would do. At the moment, it is at the week's low key level. My thoughts are that it will probably be bearish looking at the...
Ever since Uncle Billy Ackman offloaded, this POS has been rolling over.
Don't own this stock or use it's products, just waiting for it's demise!
I haven't posted a chart for a while, had to post this one!
In light of the tariffs negotiation amid the trade war between USA and China we have seen stocks and indices plummeting, the case of the GER30 is no different, we have it today falling towards 12000 level, and just below there is a resistance which if not broken and fundamentals spur risk on, we can see the price going towards 12150 again, otherwise will visit low...
MSFT has been moving up often due to buybacks of its shares of stock moving price up. The stock gapped recently and then retraced. Additional buybacks support the current level of price. However, indicators are not all confirming more upside action.
Where to start? The loss of $900,000,000 a year? The loss per share of $9.02? A growing impatience and anger with Lyft drivers? I believe people must have thought that Lyft would pop at IPO but its been declining since going public. Except the same with Uber, as they lose almost double that of Lyft every year. Ride-sharing companies are not a sound investment and...
After being denied a chance to merge with Asda, shares of Sainbury's suffered another hit and tested the all time lows from June 2016. Now a perfect chance to get in with buyers or see if the level breaks in an impulsive move and sell.
After disappointing profit forecasts 3M suffered massive fall in stock prices. Now retesting a key weekly trend line. Offers a great risk-reward to buy near a loading zone and get on the train with the rest of the buyers, as long as the zone holds.
This is a penny share with current market cap of 3.7million AUD
if it works it will shoot to the sky,
if it doesn't most likely it ll head to zero or negative, maybe you can sell at current entry as it is acting as some support.
Reasoning for this share, is due to a prospective gas discovery onshore north of the city of Derby in Western Australia.