Chewy made a downward triangle breakout and will consolidate for a little while. It should find some support at this price level, which in the short time since its IPO has been a fairly high volume level. However, Chewy's fundamentals don't check out. It's an unprofitable company and doesn't appear to be making progress toward profitability. It may breach support...
$TSLA has been rebounding for just over a month now, but is facing a pretty heady resistance line. Price action is lagging behind our model a bit, but if price can make it through the resistance we could see a huge rally as everyone who were doubters pile back in.
Today we are taking a look at Advanced Micro Devices(NASDAQ:AMD)
We are gonna look both into what happened since the beginning of the calendar year but also what is going on in the last 2 months.
It is clear that since January we are in an uptrend channel having gained more than 85% and following the main trend of the stock market.Strong fundamentals and great...
TraderNoxtreme with a quick, successful, swing trade recap.
We dumped hard on APHA (which was already pretty deep in a downtrend) during the first 30 minutes of the trading day friday.
This brought our 1 HR RSI to 20 and our 4 hr RSI to 31. I wanted to wait for 30 RSI on the 4 hour but after seeing 11 5 min candles with consistent bull volume and getting back...
As can be seen in the graph above, there are two very negative signs:
1.The beginning of a red cloud (potential declination).
2. Breaking the 200 moving average line (reinforcing the negative trend).
We think the price will continue to fall, but this is not a new beginning, but rather a continuation of the past that is - the price has ranged from $ 4 to $ 7.8 for...
After gapping higher in late April on meaningful volume, the shares of FORD MOTOR CO - NYSE:F have been consolidating and in the process, building-out its right side as is evidenced in the Daily chart above.
In addition, we can also observe that F presently trades above all of its important moving averages 20/50/200 DMA's, which portrays a healthy technical...
Hello Traders, BTG/USD Bitcoin Gold 32.210 / 31.425 vs 26.134 / 25.510
Possible Running Flat Completed ( Blue )
But we need ( Yellow ) Continuation / Consolidation / Correction / Buy Setup Breaking 32.210 / 31.425 To Confirm.
Second scenario we get another down move ( Red ) Retesting Previous Low's
26.134 / 25.510 / 24.255.
Hello Traders, AUD/JPY 74.297 / 74.138 VS 76.276 / 75.862
Possible Buy setup developing To Break 76.276 / 75.862 VS 77.756 / 76.942
expecting to break the previous higher low 75.134 ( fuschia ) to complete the corrective structure followed with signs of reversal ( impulse flag )
We are testing the William O´neils CANSLIM METHOD.
We have tested some stocks sugetions Found in the MARKETSMITH stock suscription.
Test have been made with small amounts.
This Is one of the best performing stocks of 2019.
we are expecting it to be on the top market leaders.
EPS RATING 99
Group RS A
RS RATING A
this stock has made a...
Hello Traders, USD/SEK 9.25428 VS 9.54526.
Looking to complete a possible Running Pattern ( Blue )
to continue the downside movement Breaking 9.26228 / 9.25428 VS 9.15617 / 9.04740.
Or ( Yellow ) Continuation / Consolidation / Corrective Pattern
to Continue uside movent Breaking the current downtrend vs 9.54526 / 9.53482.