After the great run NFLX has had over the past few months, the stock is trendline resistance. As the stock has made higher highs volume on these days indicates bulls are treading cautiously. I believe with earnings 18 days away that we could have a significant long term (6-12 months) decline in the stock price. Gaps need to be filled and no one likes filling...
Tech Patent and Lawsuit Settlement News could hit this or next week. Chart is gearing up as of today.
Nice reversal candle. Accumulating at this level. Upside Targets $7.10 and $7.50
I'm flat GOOGL, but seeing the valuation up here makes you wonder: How long can this momentum last? There was a long term 6-month timeframe signal that expired recently, and we now have a daily uptrend that lasts until March 22nd, with a potential target at 884 give or take. I would find it hard to short this, but I would definitely not want to own this stock up...
Hi guys, In effect, this is an extension of my aussie trade posted pre-Trump (26th October 2016) in which we bagged 500 pips. AUDUSD has seen rapid recovery off the back of both dollar weakness (mainly due to lack of details of the US administration's economic plans) and rapidly rising commodity prices, in particular iron ore (/it has rallied 10% recently,...
We have a few names that I think are a good buy. I'm long for a couple days in some, but now seems even safer. A 2% position on each is a good idea. Good luck, Ivan Labrie.
We have a few names that I think are a good buy. I'm long for a couple days in some, but now seems even safer. A 2% position on each is a good idea. Good luck, Ivan Labrie.
We have a few names that I think are a good buy. I'm long for a couple days in some, but now seems even safer. A 2% position on each is a good idea. Good luck, Ivan Labrie.
We have a few names that I think are a good buy. I'm long for a couple days in some, but now seems even safer. A 2% position on each is a good idea. Good luck, Ivan Labrie.
Technically Spekaing Price is in the support zone 30-32.50 right now. This will be the 3rd week in a row to close under the 200 WMA. The last weekly close under the average was back in 2011. A break under the 30 level could see a move toward the 22.50 level, 25% to the downside. What to do? Aggressive traders could take a long here, with a tight stop under...
Technically Speaking Salesforce is holding the 100 WMA. A move to the 2016 high print would be about a 12% move. To the downside, minor support is at 68 with 64 being the key support level, in my view. Where is the R/R? For me, this stock is in no-man's land. For a long position I would rather wait for 68 or 64. Of course, it may never get there, it might...
Daily head and shoulders formed - missed short at 4810 (right shoulder 61.8% retracement) |Missed Short: 4810 |Stop (Over Head): 4917 |Target: 4400 | Looking to take a short entry on an hourly pullback next week. TECHNICAL: - Head and Shoulders (right shoulder entry missed) - Flat Neckline - Expecting sell off to test neckline at 4650 - 20MA crossed under...
To cut a long story short: Short pullback at 61,43 down into the middle of the gap and than nxt trgts 63,3, 67,3.
Buy the next succesfull reversal above the trading range for entering an early trend
I'm holding a swing long position in NAS100, after booking profits and trading short term swings on the long side lately. I got back in today, and I aim for 5071 give or take, with stops under 4817 here. You can jump in now and risk 0.5-1% on this position. After we move higher, we can trail stops using the moving averages and bands indicator on chart. (use the...