this is a perfect setup for other companies or major share holders to buy in a DOWJones listed stock.
UCTT- Ultra Clean Holdings Daily Perspective NASDAQ:UCTT
UCTT- Ultra Clean Holdings Weekly Perspective NASDAQ:UCTT
AUDJPY is still bullish in our view. Current price action appears to be locked within a bear trap and we believe there is one more leg to go in the 1 hour chart before price consolidation and price rally could begin. Area of possible further leg drop in 1 hour chart is 83.309/83.275. However we need a daily price close or trading above 84.583 to open up 85.847...
CADJPY has hit strong structural resistance on bigger time frame as expected and gave up some ground to the upside last week. However, our bias is to the downside and we are looking at price as it is currently locked within bigger support and resistance box shown. Any 1 hour period price close below second support box shown over 4 hours should open up...
NZDCAD is proving to be in a big corrective pattern. However, we are viewing current price action as a brief short opportunity till about 0.93004. Daily close below 093004/0.92531 confluence zone will open up 0.91823 black line support. We hope and look out for real bearish consolidation at 0.91823
GBPCHF has reached critical resistance in our view. Current price structure suggests upward move that began on the 16th of March 2017 may have amounted to a protracted correction and may be in the process of topping out. Our main bias is now to the downside and we look for any daily price close and penetration below zone bounded by red and black upward sloping...
CADJPY seems to be powering up today in green candles but we think price structure may have hit strong structural resistance per chart shown. We will be looking for a daily close below red support line shown for resumption of down trend towards 80.104 first. Further break and close below there should open up 78.131 and further price close below 78.131/77.319...
CRK- Comstock Resources Daily Plan A closer look with the daily chart NYSE:CRK
NZDCAD pair appears to have traced out what looks like a bull trap as very large corrective structure seems to still be unfolding. Current price action is proving any further advance is under pressure, at least in the near term, and our bias is now turned bearish for now. We will be looking for any price close below upward sloping blue trend-line as well as...
AUDCAD has what looks like a bearish bias. However, further movement is structured to be choppy and we await break of 1.00745/1.00576 support confluence zone to confirm short positions till 0.99188/0.98880 confluence target. Further penetration of later support zone and black upward sloping trend-line support @ 0.98074 will open up targets to 0.96482 support zone .
nice drop to the demand zone, price pulling up from here
NASDAQ:PENN Penn National Gaming, Weekly Chart Technical Analysis.
Looking to go long on LL due to a small base break last week with volume - also being a new 52-week high. This is in a strong sector and industry. Open target will trail stop as price moves in favour. Initial stop is just over 2ATR also being below the wick of a previous swing point.