Ghartly hit TP and now wating for the bat to Complete Will soon be short on trend continuations
Hi Traders, This weekend I posted my charts about the EUR/USD breaking a massive channel (look at the linked chart here) and I said that I was hoping to see the Euro going back up to make a 're test' of the broken channel from outside and we did it today. I have my short already in play and now waiting for the Euro to break that Friday low and go probably to...
Low on Stochastic, oversold (low RSI) FIBO resistance. Also, the eight red candle in a row. This sums up to a good but small entry. What still makes me sceptical is the fact that Im using the fibo line as resistance only , usually I want it combined with a earlier proved resistance level and/or trendline.
0.76 fibo extension reached, small pullback possible
The institutions got the liquidity they were looking for and closed back into value, so expect a big move up into new highs. Volume is high on this reversal, the shorts are trapped and will be squeezed at the top. Buy any pullback tomorrow with a stop below the 68 level, target is 82 and beyond depending on how price reacts on the breakout. This is the season...
After getting hammered in July from the FDA delaying approval on its' latest drug for pain relief, Bears have been piling on making an incredible 20% of the float short. Recent buy ratings from analysts could be the catalyst to get a short squeeze going to begin filling the gap left from the huge 40%+ drop in July. If momentum can carry the stock past 8, then 9...
IQNT has been on a tear all year long. Respecting its' trendline, IQNT has gained 550% since April of 2013, and with a p/e ratio under 10, it is STILL undervalued. This cash rich company has no debt, and its' growth potential is strong. The stock has recently made its' highest close in over 2.5 years. With the technical signals triggering buying oppurtunites,...