As Microsoft still ranging near all-time highs, 1 hour chart shows potential formation of H&S, divergence on indicators. Pre-market price already shows right shoulder forming. If we bounce from he to the downside, then selling is highly probable. Second short open on the break of the support buy zone. Good Luck!
After positive earnings this quarter, seeing the end of wave IV. After the break of the current resistance zone, starting the move up in wave V. A very good opportunity to buy. Potentially can bounce low first, which would give us a better risk-reward. Most banks and investment funds target the price for this stock above $50. Good Luck!
Flag completed at Avast after good results and broken out for next leg up. Not that powerful though.
Looking at the formation of the double top pattern at all time highs. Divergence on indicators. Last candle of Friday showed nice rejection. More confirmation on the break of the neckline. Good Luck!
Breaking out of the pennant at 386 on good news. Avast is already bullish.
Price formed double top with divergence on RSI, waiting for the break of the neckline to short. Target MPO at the support zone below.
The stock price is within a channel. There 2 opportunities to short the stock here with best risk management. 1st is to wait for $180 level, or 2nd to wait for a larger downtrend line. Good Luck!
Price forming a H&S pattern with divergence on RSI. If the right shoulder starts falling soon, then we can enter now with great risk-reward. Adding another short on the break of the neckline. Weekly level shows resistance right on the 78.6% fib level from the all-time highs (see below). Price targets of banks and investment funds are below $120 at least, so...
Breaking the line to the downside, still going for wave iii down. Great place to add another short would be on the retest of the broken trend line, much better risk-reward. Good luck!
Price almost at the low of wave 4, near the 61.8% fib level. If that level holds, then more probability for the surge up to wave 5. Great risk-reward there. 200sma coming up from below as support as well. Targeting up above $20. Good luck!
Another test on a confirmed trend line, seems like wave 4 is about to finish. Long trade on the break of the resistance (see 1 hour chart below). Targeting back to the highs of last month. If the line breaks, then more area to the downside could be opened. Good Luck!
We broke the triangle after price convergence and closed above $250. Now at 200SMA on a daily chart, expecting the price to go from here so add more long trades. Target at $300 near 61.8% fib retracement. Comment your thoughts on Tesla! Good Luck!
Price finally reached the $40 level, closing shorts here and now looking for reversal. Already seeing divergence on a weekly chart, This is a very strong support level. On a daily chart (see below) rosk-reward for a long is best at the moment, targetting a retest fo the $58-$60 area. Could form inverse H&S here. Next earnings on November 4, and company nudged its...
BUY signal at 79.92$. Timeframe - 1 week. FMC Corporation is a diversified chemical company serving agricultural, consumer and industrial markets. The Company operates in three business segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium. If you want to see more history of this strategy, I able to show you if you request...
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.
The increase in Dark Pool Quiet Rotation™ as Buy Side Institutions lower inventories of CSCO shares has weighed heavily on the stock price in the past few weeks. This does not bode well for the CSCO earnings report.
A pattern emerged at the 200SMA daily chart (see in the comments). A signal is a break of the neckline with high volume. MPO is just below the $190 level. Elliott wave analysis suggests that once we finish the pattern, we turn back to continue the wave (3) down. Good Luck!
Based on the current count, we are finishing wave B correction soon. If the bounce happens and wave C starts, we should see a big sell off. Break of the uptrend line could be extra confirmation. Will look for patterns to form at the top. Apple is a big part of Dow Jones, so could signal incoming sell off in the index as well. Dow chart supports this as well. Good Luck!