Hello all, The chart is looking attractive in terms of being oversold and a possible bounce retesting all time highs. In terms of actual DD; - Small market cap makes it prone to volatility - Flagged for unusual volume((9.46m shares today compared to 1.22m average) - 74.25% insider ownership - Signed a strategic cooperation agreement with Huawei Logistics -...
It's a very wide wedge right now so lots of room to fluctuate. Will the reopening trade momentum act as a catalyst for another rebound or will NAT just chill here forever? In its Q4 and full-year 2020 update, The company said that “We see strong oil demand, in particular from Asia for 2021…The lock-downs around the world has led to pent-up demand for many goods...
Following earnings in December this began a downtrend and has been mostly consolidating since. In this inverted head and shoulders pattern it is making higher lows and with today's price action has based over a major 78.6% fib line, with VPOC support underneath. A move over recent highs could get this moving nicely.
www.tradingview.com BUY SCI (shipping corporation of india) PRICE : 93 TO 98 STOP LOSE : 82.3 TARGET : 107, 114, 123
Oil futures are looking ripe to take a spill. Broad market is rising tide again. This one is no-brainer for me. Like the double bottom RSI. Ascending MACD. Volume profile says sellers are done.
BDRY retracing breakout fast - $9.00 must hold - cautiously long
weekly chart strong upward momentum with potential weekly Pin bar. short interest is huge on this worst NASDAQ stock in 2020. SETTLEMENT DATE SHORT INTEREST AVG. DAILY SHARE VOLUME DAYS TO COVER 01/15/2021 2,128,199 5,444,345 1 12/31/2020 2,569,607 1,925,017 1.334849 12/15/2020 2,086,305 6,122,246 1 11/30/2020 1,676,599 2,414,442 Disclaimer, this is only...
Double top, thin volume profile below, this could be a beautiful short opportunity down to a fib and volume support in the 144-145 area.
Oversold bounce play, look for a reversal pattern and daily close over the breakout level. Good for a swing as well. Stop loss is a lower daily low.
Where's Jack Ma? Alibaba founder 'disappears' after confronting Chinese government Be very careful with news and fake news, we recommend that you adjust your stops They have marked supports and resistances. Kind regards, Happy New Year !!! L.E.D In Spain on 01 /04/2020
$FDX has been testing ATH and UPS has been consolidating... Could be time for this to get moving.
FDX has had a remarkable run. With upward movement it may touch the top of the Bollinger band and then pull back to the EMA clouds / fib at 274.66. Whether before or after consolidation a fair short term price target is the fib extension above. However worth noting it is oversold and may need to consolidate.
Thanks for viewing, I am just posting this to make tracking the equity easier. If you ignore the massive 1 month spike in price and volume (10x volume) that would otherwise invalidate my EW count, the main downward price trend seems to be over. If I average in, I will have to be able to withstand price drops possibly to $3 and keep buying, but after that there is...
Nice long consolidation here, breakout over $162.50
Basing above multiple levels of short and long-term support. Consolidating in a tight box. Target outlined.
The Baltic Dry Index (BDI) is a shipping and trade index created by the London-based Baltic Exchange. It measures changes in the cost of transporting various raw materials, such as coal and steel. It is reported around the world as a proxy for dry bulk shipping stocks as well as a general shipping market bellwether. BDRY is an ETF that trades on the Baltic...
Guys, Wait for open and see if this hits a sell wall. Then hop in if you "want", DO NOT GET GREEDY ON THIS ONE.