Nice breakout from the triangle shown. Should reach the old high and likely surpass it.
I know from my own experience as an online entrepreneur how hard it can be monetizing a platform or website. Look at twitter the stock has been in decline since ipo and only now the turnaround is starting to work out. The same fait is waiting snapchat long term. Yes they do have a lot of users but most are youth and it's very difficult to show ads on a platform...
IBM has gapped up since yesterdays open. Looking at prior earning reports the stock does provide us with the volatility we need to profit off this earning. The RVI is backing this idea with the breakout in the trend. However, the RSI is showing this stock could potentially be overbought and a short-term sell off could occur. Also, the 50 MA is providing the...
Aquabounty Technologies has been the biggest gainer currently and this gain came during a really bad performance. It was leveled at a strong channel of around 3.10 to around 3.30. It went on a very big bullish run and it broke 8.55 today on a very big scale. A downfall of 4.50 to around 5.10 can be expected. The stock will surely find support at 3.05 to 4.05...
If Apple makes a solid break out of the flag, I expect the price to go to 185.00 and either bounce down from the top of the channel or break out of the channel to the upside.
If this cup and handle finishes forming, i'll look to enter at the breakout ($15.70) and put my stop order for mid handle level ($13.15-ish). Then LET IT RIDE!
Recommendations for opening positions on binary options: 1) HIGH - The first hour after market opening 2) HIGH - Until the end of the day and until the end of the week. The main reasons: - The daily chart says that the next candlestick should be green at that price level - The Support level all timeframes is confirmed - The technological sector is...
Technology super fly Mircon has been performing very well for a longer period of time keeping its trend nicely on the line. Recent market pessimism has put the company under pressure, although not for a long, it has re-emerged and now it seems like forming a short-term pattern - PENNANT while it has just started being above 50 MA! Once it breaks, it may fly high...
Strong Tech company Infineon has successfully completed a Falling Wedge Pattern, breaking through its resistance, keeping it above 50Day moving average and preparing for next bull run. This seems to be a great time to go LONG.
looks like we are at a crossroads, will it go, or will it retrace? Which ever way it moves in the next few weeks will likely be our signal to know how to play this out for the next 3 to 12 months. A. just keeps creeping up, nice and steady, bulls keep control and just steps its way to target. B. retrace, build up selling pressure, then during 4th Q, the bulls...
AMD has respected past support levels and should resume it's upward trend in earnest
Should be time for a corrective wave sooner rather than later
Strategy: Buy @ 2407 ------------------------------ TCS was on uptrend and correcting it's uptrend after hitting 2700 resistance zone. Correction was on running flat correction which was supposed to be completed below 2100 levels. Post 2100 support reach, script was able to jump and tested 2550, We are calling it's five wave impulse move in nested manner. 2407 can...
BWX has built up a solid long-time uptrend and nice fundamentals. It could move back to the SMA 200 or continue the rally upwards. In this case we can partizipate with a stop-order at 47 and a stop loss and 45.33.
The year over year growth has been compelling for Box and the stock has been on a nice uptrend since bottoming out at $10 in early and mid 2016. On March 2nd 2017 stock made a strong move to the downside breaking the near term support on a high volume due to not so stellar guidance but with strong earnings. More details here : blog.buysellshortcover.com
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) Best regards Aaron
A bull channel has been formed with consecutive higher lows formed on the daily chart, so I would only look to be buying and holding for an upswing over the next month or two. AAPL buyers will look for a retest to near 134.40 (May Swing High).