Price convergence forming a symmetrical triangle as Tesla fails to get back above red resistance zone. RSI also converges. All sign that the stock is gearing up for a break of the triangle soon. Higher probability on the sell side. Tesla missed 3rd quarter delivery expectations. Banks and investment funds target the price of Tesla back below the $200 level. A buy...
SELL signal at 66.32$. Albemarle Corporation (ALB) is a global developer, manufacturer and marketer of highly-engineered specialty chemicals. The Company operates through three segments: Lithium and Advanced Materials, Bromine Specialties and Refining Solutions. It is one of the biggest Lithium mining company in the world. If you want to see more history of this...
Today's news has broken the uptrend after a narrow range formed since March and JLG has broken below it's daily 200 EMA
Continuing to short this stock. Now as we are in risk off and break is confirmed, target 61.8% support Fibonacci before potential pullback. Good Luck!
After fully retracing the losses from start of the week, Tesla jumped 6.06.% yesterday. Spike happened due to leaked email that suggested record deliveries. Now approaching the broken trend line again. Indicators overbought. Great risk-reward here for a short. I would consider going long next week if we close above $250 level today. Majority of investment funds...
Symmetrical triangle forming here, Great opportunity to trade both long and short trades here. Waiting for the break of the line for confirmation with substantial jump in volume. Good Luck!
Forming a double top at all time high level with good divergence on indicators. Neckline was previously strong resistance, so a break through it should give high probability for a short. Majority of funds and banks price target this stock below $100 level. Considering that indices could be topping, this could signal beginning of the downturn in equities. Good Luck!
Market cap in S&P500 is 52.22B. Company supplies technology for drilling, production and processing in oil and gas industry. Major banks and investment funds expect the price to go back above the $50 level. As many oil and gas companies, this stock had a bad year after the sell off in oil at the end of 2018. Now as oil seems to be recovering and uncertainty in...
Waiting for the retest of 200SMA for the best risk-reward buy opportunity. While most funds and banks expect the stock to fall lower, if it break the 61.8%, then it could fall lower.
Price seems to be finishing the formation of the H&S pattern. Divergence on indicators is shown as well. MPO should take us to the trend line below at $84 area. Good Luck!
Halliburton is and oil & gas equipment company within S&P500 index, market cap at $18.32B. Lost 48.98% from this day a year ago. The price target for most banks and funds is around $32-$50. The company went lower than expected so now, buyers could start looking at a cheap entry for a long. Technical side shows a nice downtrend line being tested. Could be the...
Fedex has a $39.78B market cap, and has real trouble late months because of Amazon taking over its market share. Now price broke the uptrend line and closed just below the $150 level. Still seems set to fall lower, so best to short it. Long only possible if the price attempts to close the recent price gap, but it is less likely. Good Luck!
Price attempted to make new highs but now retests the green buy support zone. Potential to buy on the open with tight risk. Majority of investment funds and banks still see price target over $230. Short option can be considered if the uptrend line breaks after being tested again. Good Luck!
Stock broke the uptrend line, retested it and now retests the green buy zone. Potential to short the break lower and target the first fib level at 38.2%, also 200SMA on daily is catching up to that level. A buy is possible is price starts to close the gap back up to 160 level, wait for impulsive move higher for confirmation. Good Luck!
Buy opportunity on martercard shares at this resistance level towards 290.00
BUY signal at 44.15 $ Johnson Controls International PLC ( JCI ) is a global diversified technology and multi industrial company. The Company is focused on developing energy solutions, integrated infrastructure and transportation systems. Its segments include Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific and Global...
Market cap of this global luxury fashion company is $4.83B, part of SP500 index. Banks and investment funds target the $54-$63 on this share. Now testing the support zone and downtrend line, 3rd touch now. Best to wait for a low and put a long trade with small risk and add on the break of the trend line. Good Luck!
Amazon seems to be forming a small head and shoulders, though it is not clean. But divergence is present. Best setup is to wait for price to approach the uptrend line again. Best risk-rewards to go long there. If the price breaks lower, setup could reverse to the short. Target price for banks and funds ranges around $2000-$2400, so room to go up. Good Luck!