On April 7, 2017, Baidu ( BIDU ) had four daily moving average cross events occur. The stock crossed below the 100, 200, and 250 daily moving averages (DMA) while the 20 DMA crossed below the 100 DMA. All four events have never occurred on the same day before. Also, when all four events occur individually, they do not always result in a loss. Historically the...
On April 7, 2017, the United Continental Airlines ( UAL ) 50 daily moving average (DMA) crossed below its 100 DMA. Historically this has occurred 16 times and the stock drops a minimum of 1.016%. The stock has a median loss of 6.904% and a maximum loss of 47.248% over the next 10 trading days. When we take a look at other technical indicators, the relative...
On April 7, 2017, the Chevron Corporation ( CVX ) crossed below its 150 day moving average (MA). Historically this has occurred 253 times and the stock does not always drop. The stock has a median loss of 3.162% and a maximum loss of 55.271% over the next 15 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at...
On April 7, 2017, the Intel Corporation ( INTC ) crossed below its 100 day moving average (MA). Historically this has occurred 241 times and the stock does not always drop. The stock has a median loss of 4.249% and a maximum loss of 34.757% over the next 10 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at...
Gold may go up for the target of 1274, making a next green weekly candle
On April 6, 2017, the Bank of America Corporation ( NYSE:BAC ) 20 day moving average (MA) crossed below its 50 day MA. Historically this has occurred 83 times and the stock does not always drop. The stock has a median loss of 2.296% and a maximum loss of 15.389% over the next 7 trading days. When we take a look at other technical indicators, the relative strength...
On April 5, 2017, CISCO Systems Inc. ( NASDAQ:CSCO ) crossed below its 50 day moving average (MA). Historically this has occurred 236 times and the stock does not always drop. The stock has a median loss of 2.851% and a maximum loss of 30.080% over the next 5 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at...
It appears 5 subwaves of a Contracting Triangle have completed in wave 4. It looks like this Contracting Triangle may be the full corrective move of wave 4 since it has reached the .382 fib retracement of wave 3, this is the most common retracement for a wave 4. It also appears to have ended near extreme of wave 4 of one lesser degree in the impulse which is...
On March 31, 2017, AT&T ( NYSE:T ) crossed below its 50 day moving average (MA) while its 100 day MA crossed over the 200 day MA. Both events have never occurred on the same day. Historically the stock has crossed below the 50 MA 330 times and the stock does not always drop. It has a median loss of 2.239% and maximum loss of 25.170 % over the next 8 trading days....
On March 31, 2017, the Kellogg Company ( NYSE:K ) 20 day moving average (MA) cross below the 50 day MA. Historically this has occurred 82 times and the stock does not always drop. It has a median loss of 1.821% and maximum loss of 9.091% over the next 5 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at...
On March 31, 2017 The Southern Company ( NYSE:SO ) crossed above its 150 day for the second time in 26 trading days. Historically this has occurred 222 times and the stock does not always rise. It has a median gain of 2.717 % and maximum gain of 14.698 % over the next 15 trading days. When we take a look at other technical indicators, the relative strength index...
On March 31, 2017 the Zion Bancorporation ( NASDAQ:ZION ) crossed below its 100 day for the second time in 9 trading days. Historically this has occurred 169 times and the stock does not always drop. It has a median loss of 3.454 % and maximum loss of 30.112 % over the next 15 trading days. When we take a look at other technical indicators, the relative strength...
On March 31, 2017 the Qualcomm Incorporated ( QCOM ) 100 day moving average (MA) crossed below its 200 day MA. Historically this has occurred 19 times and the stock drops at least 0.235%, with a median loss of 3.023% and maximum loss of 16.621 % over the next 10 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is...
On March 31, 2017 Intel Corporation ( INTC ) crossed above its 100 day moving average (MA), while the 50 day MA crossed below its 150 day MA. This multiple cross event has never occurred before. Historically the stock has crossed above the 100 day MA 241 times. When this happens, the stock does not always continue to gain. It has a median gain of 5.777% and...
Over the past year and a half TDC has formed what looks like a double cup and handle, where the handle for the first cup&handle formation is the cup for the 2nd cup&handle. Supporting Information: - Formation began with a large gap down from $36.12 to $33.03 on 8/6/15 - A strong resistance/support line (currently support) at about $30.70, which also constitutes...
Price bounced off the gap created on Feb 23rd. instead closed the gap from March 16th. and is now making lower lows. what about that?
-coming up to 200 day ema resistance -conservative tp as it may find support off the kneckline before retesting the 200 day ema again. -overbought stochs -bearish divergence
Please see annotated chart for details.